DSE:PROGRESLIF

Progressive Life Insurance Company Limited announcements

253 Dhaka Stock Exchange announcements for Progressive Life Insurance Company Limited (PROGRESLIF) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2010 (29).

  1. The company has informed that the Board of Directors of the company has decided to purchase office space in the name of

    The company has informed that the Board of Directors of the company has decided to purchase office space in the name of Progressive Life Insurance Co. Ltd. measuring 3,777 sft. at the 7th floor of Eastern Arzoo of Eastern Housing Ltd. situated at 61, Bijoynagar, Dhaka along with the undivided and un-demarcated proportionate part and parcel of land @ Tk. 14,835.00 per sft. at a cost of Tk. 5,60,31,795.00 and car parking spaces (2 nos.) @ Tk. 4,00,000.00 each, excluding the cost of Stamp, Registration fees, Utility & Co-operative cost/charges and other related expenses.

  2. The company has further informed that SEC has issued a full fledged Merchant Banker Registration Certificate in favour o

    The company has further informed that SEC has issued a full fledged Merchant Banker Registration Certificate in favour of M/s. Alpha Capital Management Limited wherein Progressive Life Insurance Company Limited subscribed 51% of Equity shares.

  3. The Company has informed that the Board of Directors of the Company has adopted to purchase commercial space measuring 1

    The Company has informed that the Board of Directors of the Company has adopted to purchase commercial space measuring 1,690 sft. (approx.) in the 1st Floor situated at the Navana Rahim Ardent, 39, Kakrail, Dhaka along with the undivided and un-demarcated proportionate land at a cost of Tk. 2,50,12,000.00 and one car parking at a cost of Tk. 4,00,000.00 excluding cost of Stamp, Registration fees, utility charges and other related expenses.

  4. Mr. Mezanur Rahman, one of the Sponsors/Directors of the company, has further reported that he has completed his sale of

    Mr. Mezanur Rahman, one of the Sponsors/Directors of the company, has further reported that he has completed his sale of total 20,000 (10,000+10,000) shares of the company at prevailing market price through Stock Exchange as announced earlier.

  5. Mr. Nasir Ali Shah, one of the Sponsors/Directors of the company, has further reported that he has completed his buy of

    Mr. Nasir Ali Shah, one of the Sponsors/Directors of the company, has further reported that he has completed his buy of total 17,500 (10,000+7,500) shares of the company at prevailing market price through Stock Exchange as announced earlier.

  6. Mr. Abdul Malik, one of the Sponsors/Directors of the company, has further reported that he has completed his buy of 2,5

    Mr. Abdul Malik, one of the Sponsors/Directors of the company, has further reported that he has completed his buy of 2,500 shares of the company at prevailing market price through Stock Exchange as announced earlier.

  7. (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2010 (July'10 to Sep'10), the Com

    (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2010 (July'10 to Sep'10), the Company has reported an increase in life insurance fund of Tk. 123.40 million as against Tk. 87.23 million for the same period of the previous year. Whereas increase in life insurance fund was Tk. 372.35 million for the period of 9 months (Jan' 10 to Sep' 10) ended on 30.09.10 as against Tk. 298.11 million for the same period of the previous year. Total life insurance fund stood at Tk. 1,783.09 million as on 30.09.10 as against Tk. 1,166.37 million as on 30.09.09.

  8. Mr. Mezanur Rahman, one of the Sponsors/Directors of the company, has reported his intention to sell 4,000 shares out of

    Mr. Mezanur Rahman, one of the Sponsors/Directors of the company, has reported his intention to sell 4,000 shares out of his total holdings of 24,000 shares of the company at prevailing market price through Stock Exchange within 31st October 2010.

  9. The Company has informed that the Board of Directors of the Company has decided to purchase office space measuring 2,732

    The Company has informed that the Board of Directors of the Company has decided to purchase office space measuring 2,732 sft. at the 2nd, 4th & 8th floor of Eastern Arzoo of M/s. Eastern Housing Ltd. situated at 61, Bijoynagor, Dhaka along with the undivided and un-demarcated proportionate land @ Tk. 14,168.00 per sft. in 2nd and 4th floor measuring 1,876 sft. and @ Tk. 13,679.00 per sft. in the 8th floor measuring 856 sft. at a cost of Tk. 3,82,88,392.00 and car parking spaces 2 nos. @ Tk. 4,00,000.00 each excluding the cost of stamp, registration fees, utility, co-operative cost/charges and other related expenses.

  10. Mr. Nasir Ali Shah, one of the Sponsors/Directors of the company, has reported his intention to buy 7,500 shares (In the

    Mr. Nasir Ali Shah, one of the Sponsors/Directors of the company, has reported his intention to buy 7,500 shares (In the Block Market) of the company at prevailing market price through Stock Exchange within 31st October 2010.

  11. Mr. Mezanur Rahman, one of the Sponsors/Directors of the company, has reported his intention to sell 10,000 shares out o

    Mr. Mezanur Rahman, one of the Sponsors/Directors of the company, has reported his intention to sell 10,000 shares out of his total holdings of 30,000 shares while Mr. Abdul Malik, another Sponsors/Directors of the company, has reported his intention to buy 2,500 shares (In the Block Market) of the company at prevailing market price through Stock Exchange within 31st October 2010.

  12. Mr. Zakariya Ahad, one of the Sponsors/Directors of the company, has reported his intention to sell 2,500 shares (Bonus

    Mr. Zakariya Ahad, one of the Sponsors/Directors of the company, has reported his intention to sell 2,500 shares (Bonus share) out of his total holdings of 27,500 shares of the company at prevailing market price through Stock Exchange within 31st October 2010.

  13. The company has informed that Mr. Mahmadur Rashid has been elected as Chairman and Mr. Pradip Sen as Vice Chairman of th

    The company has informed that Mr. Mahmadur Rashid has been elected as Chairman and Mr. Pradip Sen as Vice Chairman of the company.

  14. Mr. Mezanur Rahman, one of the Sponsors/Directors of the company, has reported his intention to sell 10,000 shares out o

    Mr. Mezanur Rahman, one of the Sponsors/Directors of the company, has reported his intention to sell 10,000 shares out of his total holdings of 40,000 shares while Mr. Nasir Ali Shah, another Sponsors/Directors of the company, has reported his intention to buy 10,000 shares (In the Block Market) of the company at prevailing market price through Stock Exchange within 31st October 2010.

  15. Mr. Nasir Ali Shah, one of the Sponsors/Directors of the Company, has further reported that he has completed his transfe

    Mr. Nasir Ali Shah, one of the Sponsors/Directors of the Company, has further reported that he has completed his transfer of 5,000 shares of the company to his wife Mrs. Chowdhury Farkandah Shah by way of gift outside the trading system of the Exchange as announced earlier.

  16. Mr. Nasir Ali Shah, one of the Sponsors/Directors of the Company, has reported his intention to transfer 5,000 shares ou

    Mr. Nasir Ali Shah, one of the Sponsors/Directors of the Company, has reported his intention to transfer 5,000 shares out of his total holdings of 63,200 shares of the company to his wife Mrs. Chowdhury Farkandah Shah by way of gift outside the trading system of the Exchange within next 30 working days.

  17. As per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), the Company has reported an increase in lif

    As per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), the Company has reported an increase in life insurance fund of Tk. 248.95 million with total life insurance fund of Tk. 1,659.69 million as against Tk. 210.88 million and Tk. 1,079.14 million respectively for the same period of the previous year. Whereas increase in life insurance fund was Tk. 185.14 million for the period of 3 months (Apr' 10 to June' 10) ended on 30.06.10 as against Tk. 179.21 million for the same period of the previous year.

  18. The Company has informed that the Board of Directors of the company has decided to purchase a commercial floor measuring

    The Company has informed that the Board of Directors of the company has decided to purchase a commercial floor measuring 9,500 sft. at the second floor of Zohura Tower situated at 1401, Sheikh Mujib Road, Agrabad C/A, Chittagong along with the undivided and un-demarcated proportionate Land @ Tk. 3,000.00 per sft. at total cost of Tk. 2,85,00,000.00 excluding the cost of stamp, registration fees, cost of car parking spaces and other related expenses."

  19. Normal trading of the shares of the company will resume on 19.07.10 after record date.

    Normal trading of the shares of the company will resume on 19.07.10 after record date.

  20. Trading of the shares of the company will remain suspended on record date i.e. 18.07.10.

    Trading of the shares of the company will remain suspended on record date i.e. 18.07.10.

  21. Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be

    Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 13.07.10 to 15.07.10. Trading of the shares of the company will remain suspended on record date i.e. 18.07.10.

  22. Mr. Bajloor Rashid, one of the Sponsors of the company, has reported his intention to sell 2,500 shares (Bonus Shares) o

    Mr. Bajloor Rashid, one of the Sponsors of the company, has reported his intention to sell 2,500 shares (Bonus Shares) out of his total holdings of 27,500 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  23. As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2010 (Jan'10 to Mar'10), the Company has re

    As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2010 (Jan'10 to Mar'10), the Company has reported an increase in life revenue account of Tk. 63.81 million with total life insurance fund of Tk. 1,474.55 million as against Tk. 31.68 million and Tk. 899.94 million respectively for the same period of the previous year.

  24. There will be no price limit on the trading of the shares of the company today (30.06.10) following its corporate declar

    There will be no price limit on the trading of the shares of the company today (30.06.10) following its corporate declaration.

  25. The Board of Directors has recommended cash dividend @ 10% for the year 2009. Date of AGM: 21.09.10, Time: 11:00 AM, Ven

    The Board of Directors has recommended cash dividend @ 10% for the year 2009. Date of AGM: 21.09.10, Time: 11:00 AM, Venue: Dhaka Ladies Club, 36 Eskaton Garden Road, Dhaka-1000. Record Date: 18.07.10. The company has also reported earning per share (EPS) of Tk. 12.36, Net Asset Value (NAV) per share of Tk. 253.70 and Net Operating Cash Flow per share of Tk. 548.35 for the year ended on December 31, 2009.

  26. In response to a DSE query dated 09.06.10, the Company has informed that there is no undisclosed price sensitive informa

    In response to a DSE query dated 09.06.10, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

  27. In response to DSE query, the company has informed that there is no undisclosed price sensitive information of the compa

    In response to DSE query, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike.

  28. Mr. Kamal Miah, one of the Sponsors of the company, has further reported that he has completed his sale of 900 shares of

    Mr. Kamal Miah, one of the Sponsors of the company, has further reported that he has completed his sale of 900 shares of the company at prevailing market price through Stock Exchange as announced earlier.

  29. SEC has issued show-cause cum hearing notice to Mr. Zakariya Ahad, Director of the Company, for non-compliance of SEC No

    SEC has issued show-cause cum hearing notice to Mr. Zakariya Ahad, Director of the Company, for non-compliance of SEC Notification No. SEC/SRMID/2000-953/313 Admin-06 dated 25.03.2001 regarding sale declaration of Director shares of the company.

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.