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FAREASTLIF

All Eps Dividend Board Agm Q1 Q2 Q3

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 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 21-Apr-2014

The Company has informed that the Board of Directors of the Company has decided to form a subsidiary Company named Fareast Islami Properties Ltd. The details are as follows: Authorized Capital: Tk. 50.00 crore; Paid up Capital: Tk. 10.00 crore; Per Share Value: Tk. 10.00 each; Capital of Fareast Islami Life Insurance Co. Ltd.: 51% (i.e. Tk. 5.10 crore) and Capital of other Sponsors: 49% (i.e. Tk. 4.90 crore).

FAREASTLIF 04-Mar-2014

The Company has informed that the Board of Directors of the Company has decided to purchase a land measuring area of 33.56 decimals with 4 storied building at 36, Topkhana Road, Ramna, Dhaka-1000 subject to permission of the concerned authority.

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