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 2015 (4).
- Imposing Fine on Directors
BSEC has fined Tk. 1.00 lac each to Mr. Abdul Malik (Chairman), Mr. Gulam Mostafa (Vice Chairman), Mr. Bajloor Rashid (Director), Mr. Babel Miah (Director), Mr. Mezanur Rahman (Director), Ms. Nadia Shah (Director), Mr. Kamal Miah (Director), EC Securities (Director), Mr. Nasir A Chowdhury (Director), Dr. Niaz Ahmed Choudhury (Director) Mr. Nazim Tazik Chowdhury (Director), Mrs. Nahid Chowdhury (Director) of Progressive Life Insurance Ltd. for non-compliance with the securities related laws.
- Withdrawal of Investment in ACML
The Company has informed that they have withdrawn all its investment in Alpha Capital Management Limited (ACML) and accordingly, the Company transferred its 12,750,000 shares in ACML for Tk. 127,500,000.00 Ex-dividend.
- Land Purchase
The Company has informed that the Board of Directors of the Company has decided to purchase 5 decimals land with 10 (ten) storied building structure 20,030 sft. under construction building (Balaka Tower) there on in the name of Progressive Life Insurance Company Ltd. at Nijhumalay, 146 Mission Area, court Road, Moulvibazar at a cost of Tk. 3.30 crore excluding stamp duty, registration fees and relevant other expenses with the permission of IDRA.
- Mr. Md. Shahjahan Azadi(Current Charge)
The Company has informed that the Board of Directors of the Company has instructed Mr. Md. Shahjahan Azadi to serve his duty as the Managing Director (Current Charge) of the Company in addition to his current charge of Deputy Managing Director with effect from January 01, 2015.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.