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 2011 (19).

  1. Following the change of denomination, normal trading of the shares of the Company will resume on 04.12.2011 after record

    Following the change of denomination, normal trading of the shares of the Company will resume on 04.12.2011 after record date with new face value of Tk. 10.00 per share, market lot of 500 shares and adjusted open price of Tk. 149.90 per share.

  2. The Company has sent the minutes of the 1st EGM of the Company held today (November 29, 2011), wherein the Company has c

    The Company has sent the minutes of the 1st EGM of the Company held today (November 29, 2011), wherein the Company has confirmed that in the said EGM, the shareholders has adopted, among others, to increase the authorized capital of the Company from Tk. 20.00 crore to Tk.75.00 crore .

  3. SEC has issued show cause cum hearing notice to Mr. Mezanur Rahman, one of the Sponsors/Directors of the Company, for no

    SEC has issued show cause cum hearing notice to Mr. Mezanur Rahman, one of the Sponsors/Directors of the Company, for non-compliance of Notification No. SEC/CMRRCD/2009-193/49/Admin/03-48 dated July 14, 2010 in connection with non submission of sale confirmation report within the stipulated time.

  4. Normal trading of the shares of the Company will resume on 20.11.11 after record date for EGM.

    Normal trading of the shares of the Company will resume on 20.11.11 after record date for EGM.

  5. Trading of the shares of the Company will remain suspended on record date i.e., 17.11.11 for EGM.

    Trading of the shares of the Company will remain suspended on record date i.e., 17.11.11 for EGM.

  6. 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 from 14.11.11 to 16.11.11. Trading of the shares of the Company will remain suspended on record date i.e., 17.11.11 for EGM.

  7. The Company has informed that the Board of Directors of the Company has decided to change denomination of face value of

    The Company has informed that the Board of Directors of the Company has decided to change denomination of face value of shares from Tk. 100.00 to Tk. 10.00 each. Date of EGM: 29.11.2011, Time: 11:00 AM, Venue: Institution of Diploma Engineers, 160/A, Kakrail VIP Road, Dhaka. Record date for EGM: 17.11.2011.

  8. (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2011 (July'11 to Sep'11), the Com

    (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2011 (July'11 to Sep'11), the Company has reported an increase in life insurance fund of Tk. 76.43 million as against Tk. 123.40 million for the same period of the previous year. Whereas increase in life insurance fund was Tk. 339.80 million for the period of 9 months (Jan' 11 to Sep' 11) ended on 30.09.11 as against Tk. 372.35 million for the same period of the previous year. Total life insurance fund stood at Tk. 2,343.85 million as on 30.09.11 as against Tk. 1,783.09 million as on 30.09.10.

  9. The Company has informed that the Board of Directors of the Company has elected Mr. Nasir Ali Shah as Chairman and Mr. P

    The Company has informed that the Board of Directors of the Company has elected Mr. Nasir Ali Shah as Chairman and Mr. Pradip Sen as Vice Chairman of the Board of Directors of the Company.

  10. (H/Y): As per un-audited half yearly accounts as on 30.06.11 (Jan' 11 to June' 11), the Company has reported an increase

    (H/Y): As per un-audited half yearly accounts as on 30.06.11 (Jan' 11 to June' 11), the Company has reported an increase in life insurance fund of Tk. 263.37 million with total life insurance fund of Tk. 2,267.42 million as against Tk. 248.95 million and Tk. 1,659.69 million respectively for the same period of the previous year. Whereas increase in life insurance fund was Tk. 169.66 million for the period of 3 months (Apr' 11 to June' 11) ended on 30.06.11 as against Tk. 185.14 million for the same period of the previous year.

  11. Mr. Gulam Mostofa Ahmed, one of the Sponsors/Directors of the Company, has further reported that he has completed his sa

    Mr. Gulam Mostofa Ahmed, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of 2,500 shares of the Company at prevailing market price through Stock Exchange as announced earlier.

  12. Normal trading of the shares of the company will resume on 14.07.11 after record date.

    Normal trading of the shares of the company will resume on 14.07.11 after record date.

  13. The Company has informed that the Board of Directors of the company has decided to purchase land measuring 20.62 katha o

    The Company has informed that the Board of Directors of the company has decided to purchase land measuring 20.62 katha of Eastern Housing Ltd. in the name of Progressive Life Insurance Company Ltd. at sector-03 under Aftab Nagar Land Project (Banasree New Town) at a cost of Tk. 25,62,90,000.00. In addition, Tk.18,42,900.00 will be incurred as cost of utility charges etc. and excluding the cost of Stamp, Registration Fees and other related expenses.

  14. Trading of the shares of the company will remain suspended on record date i.e., 13.07.11.

    Trading of the shares of the company will remain suspended on record date i.e., 13.07.11.

  15. Mr. Gulam Mostofa Ahmed, one of the Sponsors/Directors of the Company, has reported his intention to sell 2,500 shares o

    Mr. Gulam Mostofa Ahmed, one of the Sponsors/Directors of the Company, has reported his intention to sell 2,500 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.

  16. 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 10.07.11 to 12.07.11. Trading of the shares of the company will remain suspended on record date i.e., 13.07.11.

  17. (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2011 (Jan'11 to March'11), the Compan

    (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2011 (Jan'11 to March'11), the Company has reported an increase in life revenue account of Tk. 93.71 million with total life insurance fund of Tk. 2,097.76 million as against Tk. 63.81 million and Tk. 1,474.55 million respectively for the same period of the previous year.

  18. The Board of Directors has recommended stock dividend @ 12% for the year ended on December 31, 2010. Date of AGM: 21.09.

    The Board of Directors has recommended stock dividend @ 12% for the year ended on December 31, 2010. Date of AGM: 21.09.2011, Time: 11:00 AM, Venue: Dhaka Ladies Club, 36 Eskaton Garden Road, Dhaka-1000. Record Date: 13.07.2011. The Company has also reported EPS of Tk. 19.58, NAV per share of Tk. 291.79 and NOCFPS of Tk. 604.23 for the year ended on December 31, 2010.

  19. There will be no price limit on the trading of the shares of the Company on 26.06.11 following its corporate declaration

    There will be no price limit on the trading of the shares of the Company on 26.06.11 following its corporate declaration.

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