Prime Islami Life Insurance Limited announcements
319 Dhaka Stock Exchange announcements for Prime Islami Life Insurance Limited (PRIMELIFE) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (21).
- Land Purchase
The Company has informed that the Board of Directors has decided to purchase a land measuring area of 381.75 decimals at Ghoran Chatbari, Shah Ali Thana, Dhaka with total value of Tk. 7,24,50,375.00 only (excluding registration fee and other charges), subject to permission of the concerned authority along with observing other formalities.
- Q3
Decrease in life revenue account for July-September, 2015 was Tk. 54.50 million as against increase of Tk. 99.77 million for July-September, 2014. Whereas decrease in life insurance fund for Jan- September, 2015 was Tk. 254.84 million with total life insurance fund of Tk. 6,864.94 million as against increase of Tk. 121.79 million and Tk. 6,339.39 million respectively for Jan- September, 2014.
- Confirmation of sale
Sabiha Khaleque, one of the Sponsors /Directors of the Company, has further reported that she has completed her sale of 20,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 29, 2015 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2015.
- Declaration of sale by a Sponsor /Director
Sabiha Khaleque, one of the Sponsors /Directors of the Company, has expressed her intention to sell 20,000 shares out of her total holding of 9,46,892 shares of the Company at prevailing market price through Stock Exchange within October 29, 2015.
- Cancellation of Land Purchase
Referring to their earlier news (disseminated on 04.05.15) regarding Purchase of land at 45 & 46 Dilkusha C/A, Dhaka, the Company has further informed that the Board of Directors has cancelled their earlier decision of purchasing the lands because of arising intricacy, i.e., restriction to get permission from the concerned authorities for construction of multistoried building due to enforcement of Govt. Security in the Security Zones, and also permission from Insurance Development & Regulatory Authority.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on December 31, 2014 to the respective shareholders' BO Accounts (except fractional shares). The sale proceeds of fractional shares will be paid through warrant of cash dividend to the concerned shareholders within the scheduled time.
- Half Yearly Financials
As per un-audited half yearly accounts as on 30.06.2015 (Jan-15 to June-15), the Company has reported a decrease in life revenue account of Tk. 200.34 million with total life insurance fund of Tk. 6,919.44 million as against an increase of Tk. 22.02 million and Tk. 6,239.62 million respectively for the same period of the previous year. Whereas a decrease in life insurance fund was Tk. 52.34 million for the period of 3 months (Apr-15 to June-15) as against an increase of Tk. 54.80 million for the same period of the previous year.
- Confirmation of Sale/Buy of Sponsor/Director
Sabiha Khaleque, one of the Sponsors/Directors of the Company, has further reported that she has completed her sale of 20,000 shares of the Company while Ramisha BD Limited, one of the Corporate Sponsors/Directors of the Company, has completed its buy of 20,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Confirmation of Transfer by a Sponsor
M. A. Wahhab, one of the Sponsors of the Company, has further reported that he has completed transfer of his entire holdings of 5,28,913 shares of the Company to his son Waheed Murad Jamil, by way of gift outside the trading system of the Exchange as announced earlier.
- Declaration of Transfer
M. A. Wahhab, one of the Sponsors of the Company, has expressed his intention to transfer his entire holding of 5,28,913 shares of the Company to his son Waheed Murad Jamil, by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.
- Resumption News
Normal trading of the shares of the Company will resume on 21.07.2015 after record date.
- Declaration of Sale/Buy
Sabiha Khaleque, one of the Sponsors/Directors of the Company, has expressed her intention to sell 20,000 shares out of her total holdings of 8,80,811 shares of the Company while Ramisha BD Limited, one of the Corporate Sponsors/Directors of the Company, has expressed its intention to buy 20,000 shares of the Company at prevailing market price (In the Block Market) through Stock Exchange within next 30 working days.
- Suspension News
Trading of the shares of the Company will remain suspended on record date i.e., 14.07.2015.
- Spot News for AGM
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 12.07.2015 to 13.07.2015. Trading of the shares of the Company will remain suspended on record date i.e., 14.07.2015.
- Q1 Financials
As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2015 (Jan'15 to March'15), the Company has reported a decrease in life revenue account of Tk. 147.99 million with total life insurance fund of Tk. 6,971.78 million as against a decrease of Tk. 32.78 million and Tk. 6,184.82 million respectively for the same period of the previous year.
- Dividend Declaration
The Board of Directors has recommended 15% cash dividend and 10% stock dividend for the year ended on December 31, 2014. Date of AGM: 31.08.2015, Time: 10:00 AM, Venue: Police Convention Hall (1st Floor), Eskaton Garden, Ramna, Dhaka. Record Date: 14.07.2015.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.06.2015) following its corporate declaration.
- Board Meeting
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on June 27, 2015 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2014.
- Land Purchase
The Company has informed that the Board of Directors has decided to purchase the land of following schedule subject to permission of Insurance Development & Regulatory Authority: (1) 5 Khathas 14 Chataks 12 Square feets with 8 storied building in 45, Dilkusha C/A, Dhaka of RAUK, Motijheel, Dhaka, total cost of Tk. 72.00 crore and (2) 6 Khathas 40 Square feets in 46, Dilkusha C/A, Dhaka of RAUK, Motijheel, Dhaka at a cost of Tk. 54.00 crore.
- credited the bonus shares
The Company has informed that it has credited the bonus shares for the year ended on December 31, 2013 to the respective shareholders BO Account on January 15, 2015.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.