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MEGHNALIFE

All Eps Dividend Board Agm Q1 Q2 Q3

MEGHNALIFE 27-Sep-2020

Mrs. Dilruba Sharmin, one of the Directors of the Company, has further reported that she has completed her buying of 1,00,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 15.09.2020.

MEGHNALIFE 21-Sep-2020

(continuation news of MEGHNALIFE): and directs the Board of Directors of the Company to fill up the vacancy from any shareholders having 2% (two percent) or more shares of the Paid up capital within 30 working days of issuance of this Order. (end)

MEGHNALIFE 21-Sep-2020

As per BSEC Order No. SEC/SRMIC/2016/1240/58 dated September 20, 2020, in exercise of the power conferred by Section 20A of the Securities and Exchange Ordinance, 1969 (Ordinance No. XVII of 1969), the Commission hereby declares casual vacancy or stand vacant of the position of Directors namely Mrs. Sharmin Nasir and Mrs. Dilruba Sharmin (cont.)

MEGHNALIFE 21-Sep-2020

Trading of the shares of the Company will resume on 22.09.2020 after record date.

MEGHNALIFE 20-Sep-2020

Trading of the shares of the Company will remain suspended on record date i.e., 21.09.2020.

MEGHNALIFE 16-Sep-2020

Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 17.09.2020 to 20.09.2020. Trading of the shares of the Company will remain suspended on record date i.e., 21.09.2020.

MEGHNALIFE 15-Sep-2020

(Continuation news of MEGHNALIFE): Note-8.00 Sundry Creditors: Balance of Unpaid Dividend was Tk. 12,478,989 and Tk. 8,313,853 as at 31 December 2019 and as at 31 December 2018 respectively. (end)

MEGHNALIFE 15-Sep-2020

(Continuation news of MEGHNALIFE): Whereas the designated bank account for dividend shows a balance of Tk. 3,978,987. Furthermore, the company declared cash dividend @ 20% in 2018 which is Tk. 67,043,826 out of this an amount of Tk. 58,821,901 was deposited to the designated bank account, resulting in shortfall of deposit to the tune of Tk. 8,221,925. This is a non-compliance of the section 28(1) of Dhaka Stock Exchange (Listing) Regulations, 2015. (cont. 2)

MEGHNALIFE 15-Sep-2020

The auditor of Meghna Life Insurance Co. Ltd. has given the following Emphasis of Matter in the audit report of the Company prepared for the year ended on 31 December 2019. Emphasis of Matter: In forming our opinion on the financial statements, which in not modified, we considered the matter and the fact that as per the statement of financial position in Note # 8.00 the company reported unpaid dividend Tk. 12,478,989. (cont. 1)

MEGHNALIFE 15-Sep-2020

Mrs. Sharmin Nasir, one of the Directors of the Company, has expressed her intention to buy 1,00,000 shares of the Company at prevailing market price (In the Block Market) through Stock Exchange (DSE) within next 30 working days.

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