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 2016 (19).
- Completion of Transfer
Mr. A. K. M Nurul Islam, one of the Sponsors of the Company, has further reported that he has completed transfer of his entire holding of 48,444 shares of the Company to his daughter Mrs. Nazneen Hossain by way of gift outside the trading system of the Exchange as announced earlier.
- Declaration of Transfer by a Sponsor
Mr. A. K. M Nurul Islam, one of the Sponsors of the Company, has expressed intention to transfer his entire holdings of 48,444 shares of the Company to his daughter Mrs. Nazneen Hossain by way of gift outside the trading system of the Exchange within October 31, 2016.
- Q3 Financials
Increase in life revenue account for July-September, 2016 was Tk. 68.39 million as against decrease of Tk. 54.50 million for July-September, 2015. Whereas decrease in life insurance fund for Jan- September, 2016 was Tk. 318.03 million with total life insurance fund of Tk. 7,264.72 million as against decrease of Tk. 254.84 million and Tk. 6,864.94 million respectively for Jan- September, 2015.
- Declaration of sale by a Sponsor/Director
Mr. A. K. M Nurul Islam, one of the Sponsors of the Company, has expressed his intention to transfer 9,68,894 shares out of his total holding of 10,17,338 shares of the Company to his daughter Mrs. Nazneen Hossain by way of gift outside the trading system of the Exchange within October 31, 2016.
- Board Meeting
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 13, 2016 at 3:30 PM to consider, among others, unaudited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2016.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on December 31, 2015 to the respective shareholders' BO Accounts. The cash dividend will be disbursed to the shareholders' bank account within the schedule time.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has rated the claim paying ability of the Company as "A+" along with stable outlook in consideration of its audited financials up to December 31, 2015, unaudited financials up to June 30, 2016 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Resumption after record date
Trading of the shares of the Company will resume on 09.08.2016 after record date.
- Suspension news for record date
Trading of the shares of the Company will remain suspended on record date i.e., 08.08.2016.
- Q2 Financials
(Q2 Un-audited): Decrease in life revenue account for Apr-June, 2016 was Tk. 103.07 million with total life insurance fund of Tk. 7,196.34 million as against Tk. 52.34 million and Tk. 6,919.44 million respectively for the same period of the previous year. Decrease in life revenue account for Jan-June, 2016 was Tk. 386.41 million with total life insurance fund of Tk. 7,196.34 million as against Tk. 200.34 million and Tk. 6,919.44 million respectively for the same period of the previous year.
- Confirmation of sale
Mr. Sipanta Kumar Saha, one of the Sponsors/Directors of the Company, has further reported that he has completed sale of his entire holding of 6,10,596 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Board Meeting
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 July 31, 2016 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2016.
- Declaration of sale by a Sponsor/Director
Mr. Sipanta Kumar Saha, one of the Sponsors/Directors of the Company, has expressed his intention to sell entire holding of 6,10,596 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Q1
Decrease in life revenue account for Jan-Mar, 2016 was Tk. 283.34 million with total life insurance fund of Tk. 7,299.41 million as against decrease of Tk. 147.99 million and Tk. 6,971.78 million respectively for the same period of the previous year.
- Dividend Declaration
The Board of Directors has recommended 20% cash dividend and 5% stock dividend for the year ended on December 31, 2015. Date of AGM: 15.09.2016, Time: 10:00 AM, Venue: Gulnaksha Hall, International Convention City Bashundhara, Kuril Bishwa Road, Dhaka. Record Date: 08.08.2016.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (12.07.2016) following its corporate declaration.
- Board Meeting
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 July 11, 2016 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2016. As per Regulation 19(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 July 11, 2016 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.
- Query Response
In response to a DSE query dated May 10, 2016, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Query Response
In response to a DSE query dated February 22, 2016, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.