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FAREASTLIF

All Eps Dividend Board Agm Q1 Q2 Q3

FAREASTLIF 01-Apr-2015

The Company has informed that the Board of Directors of the Company has decided to purchase two Lands as follows: i) 32 decimals at a cost of Tk. 1,958.69 million (excluding registration fee and other charges) at 72, Kakrail, Dhaka-1000 and ii) 28.20 decimals at a cost of Tk. 172.02 million (excluding registration fee and other charges) at 177/156 Barisal City Corporation, Ward-19, JL-50, Bogra Alekanda, Barisal Sadar.

FAREASTLIF 24-Mar-2015

The Company has informed that the Registered Office of the Company has been shifted to its own building named Fareast Tower (Level-18), 35 Topkhana Road, Dhaka-1000 with effect from 22 March, 2015.

FAREASTLIF 14-Jan-2015

The Company has informed that the Board of Directors of the Company has decided to purchase two Floor Spaces as follows: i) 5,600 sqft. at a cost of Tk. 23.66 million (including registration cost) at Nodi Bangla Somobay Tower (3rd Floor), Maijdee, Noakhali and ii) 7,500 sqft. at a cost of Tk. 26.20 million (including registration cost) at Nodi Bangla Rashid Chowdhury Complex (3rd Floor), Laxmipur Sadar, Laxmipur.

FAREASTLIF 04-Dec-2014

The Company has informed that, the board of directors of the company has decided to purchase 7,00,000 Ordinary Shares of Tk. 10.00 each, total amount Tk. 70.00 lac only of its subsidiary company, Fareast Islami Properties Limited. With the above shares, the total holding of shares by Fareast Islami Life Insurance Company limited will be 58,00,000, which is 58% of total shares of Fareast Islami Properties Limited.

FAREASTLIF 01-Dec-2014

The company has informed that, the shareholders who could not receive dividend for the year 2013 through BEFTN (Bangladesh Electronic Fund Transfer Network) system due to their problems of Bank Account, printed Dividend warrant is ready for delivery and concerned shareholders can collect it physically or by authorized person from share department of the company from 01 December, 2014 to 04 December, 2014.

FAREASTLIF 30-Oct-2014

Jahurul Islam Chowdhury and Taslima Islam, both are Sponsors of the Company, have further reported that they have completed their sale/buy of 50,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.

FAREASTLIF 30-Oct-2014

(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported an increase in life insurance fund of Tk. 640.30 million as against Tk. 625.34 million for the same period of the previous year. Whereas increase in life insurance fund was Tk. 1,555.10 million for the period of 9 months (Jan'14 to Sep'14) ended on 30.09.2014 as against Tk. 1,462.59 million for the same period of the previous year. Total life insurance fund stood at Tk. 26,803.13 million as on 30.09.2014 as against Tk. 22,266.81 million as on 30.09.2013.

FAREASTLIF 28-Oct-2014

The Company has informed that the Board of Directors of the Company has decided to sell Floor Space of Fareast Tower of Fareast Islami Life Insurance Company Limited. The details are as follows: Location: Fareast Tower, 35 Topkhana Road, Dhaka-1000, Number of Floors: Level 01 to 10, Total 95,000 sqft. Total cost and sale price of saleable floor space is Tk. 45,84,74,492.00 (approx.) and Tk. 82,77,89,000.00 (approx.) respectively.

FAREASTLIF 28-Oct-2014

Dr. Iffat Jahan, one of the Sponsors of the Company, has further reported that she has completed her buy of 100 shares of the Company at prevailing market price through Stock Exchange as announced earleir.

FAREASTLIF 27-Oct-2014

(H/Y): As per un-audited half yearly accounts as on 30.06.2014 (Jan'14 to June'14), the Company has reported an increase in life insurance fund of Tk. 914.80 million with total life insurance fund of Tk. 26,162.83 million as against Tk. 837.25 million and Tk. 21,641.47 million respectively for the same period of the previous year. Whereas an increase in life insurance fund was Tk. 675.83 million for the period of 3 months (Apr'14 to June'14) ended on 30.06.2014 as against an increase of Tk. 459.32 million for the same period of the previous year.

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