Sunlife Insurance Company Limited announcements
265 Dhaka Stock Exchange announcements for Sunlife Insurance Company Limited (SUNLIFEINS) since 2013: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (18).
- Sale Confirmation of a Sponsor
Mr. Saidur Rahman Khan, one of the Sponsors of the company, has further informed that he has completed his sale of 1,45,000 shares of the company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 24.10.2022.
- Q3 Financials
(Q3 Un-audited): Decrease in life revenue account for July-September, 2022 was Tk. 43.76 million as against decrease in 65.51 million for July-September, 2021. Whereas decrease in life revenue account for Jan- September, 2022 was Tk. 355.77 million with total life insurance fund of Tk. 904.74 million as against decrease in Tk. 125.63 million and Tk. 1,698.73 million respectively for the same period of the previous year.
- Sale Declaration of a Sponsor
Mr. Saidur Rahman Khan, one of the Sponsors of the company, has expressed his intention to sell 1,45,000 shares out of his holdings 3,95,029 shares of the company at prevailing market price (in the Public Market) through Dhaka Stock Exchange within October 31, 2022.
- 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 23, 2022 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2022.
- Resumption after record date
Trading of the shares of the company will resume on 05.09.2022 after record date.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 04.09.2022.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle from 31.08.2022 to 01.09.2022 and trading of the shares will remain suspended on record date i.e., 04.09.2022.
- Matter of Emphasis
(Continuation news of SUNLIFEINS): Provident Fund loan & Interest on provident fund loan which is not paid to recognized provident fund account. Management disclosed reason behind this in note No. 09. Agent commission paid by Sunlife Insurance Company Ltd. to different agents, But the agents licenses are not updated. Applications have been submitted to IDRA and management disclosed details in Note No. 26. In note no. 16 Cash and Bank Balance, there are many dormant accounts. (end)
The first part of this announcement is missing from the archive. - Dividend Declaration
The Board of Directors has recommended No dividend for the year ended December 31, 2021. Date of AGM: 29.09.2022, Time: 3:00 PM, Venue: Digital Platform. Record Date: 04.09.2022.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (11.08.2022) following its corporate declaration.
- Q1 Financials
(Q1 Un-audited): Decrease in life revenue account for Jan-Mar 2022 was Tk. 105.86 million with total life insurance fund of Tk. 1,154.65 million as against decrease in life revenue account of Tk. 31.09 million and Tk. 1,793.27 million respectively for the same period of the previous year.
- Q2 Financials
(Q2 Un-audited): Increase in life revenue account for Apr-June 2022 was Tk. 2.85 mn. with total life insurance fund of Tk. 1157.50 mn. as against decrease in Tk. 34.31 mn. and Tk. 1,790.05 mn. respectively for the same period of the previous year. Decrease in life revenue account for Jan-June 2022 was Tk. 103.01 mn. with total life insurance fund of Tk. 1,157.50 mn as against decrease in Tk. 59.42 mn. and Tk. 1,764.94 mn respectively for the same period of the previous year.
- 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 August 10, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2022 and Second Quarter (Q2) period ended June 30, 2022.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that, the Board meeting under LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on August 10, 2022 at 3:00 PM instead of August 04, 2022 to consider, among others, audited financial statements of the Company for the year ended December 31, 2021.
- Board Meeting schedule under LR 19(1)
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 August 04, 2022 at 3:00 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2021.
- Prohibition on providing loan facilities to purchase securities
DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Sunlife Insurance Company Limited in between 1st to 7th trading days after change of categorization, with effect from February 03, 2022 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.
- Category Change
The Company will be placed in 'B' category from existing 'Z' category with effect from February 03, 2022 as the Company has reported disbursement of 1% cash Dividend for the year ended on December 31, 2020.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2020 to the respective shareholders.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.