MEGHNALIFE 30-Sep-2021 Mst. Jobaida Alam, one of the Sponsors of the Company, has expressed her intention to sell her entire holdings of 59,814 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within October 31, 2021.
MEGHNALIFE 28-Sep-2021 (Continuation news of MEGHNALIFE): 353-law/2019 dated 11 November 2019 issued by IDRA. As well as the company has not submitted the report on category of investment in assets in the prescribed manner as prescribed in Schedule # 1 of the said SRO. (end)
MEGHNALIFE 28-Sep-2021 The auditor of the Meghna Life Insurance Co. Ltd. has given the "Emphasis of Matter " paragraphs in the Auditor's Report for the year ended on 31 December 2020. Emphasis of Matter: In forming our opinion on the financial statements, which is not modified, we considered the matter and the fact that the company has not made proper investment in designated instruments in the manner as prescribed in SRO No. (cont.)
MEGHNALIFE 19-Sep-2021 (Continuation news of MEGHNALIFE): Decrease in life revenue account for Jan-June 2021 was Tk. 1,208.62 million with total life insurance fund of Tk. 17,687.78 million as against decrease in life revenue account of Tk. 281.86 million and Tk. 17,625.87 million respectively for the same period of the previous year. (end)
MEGHNALIFE 19-Sep-2021 (Q2 Un-audited): Decrease in life revenue account for Apr-June 2021 was Tk. 355.52 million with total life insurance fund of Tk. 18,540.89 million as against increase in life revenue account of Tk. 173.91 million and Tk. 18,081.63 million respectively for the same period of the previous year. (cont.)
MEGHNALIFE 19-Sep-2021 (Q1 Un-audited): Decrease in life revenue account for Jan-Mar 2021 was Tk. 853.10 million with total life insurance fund of Tk. 18,043.31 million as against decrease in life revenue account of Tk. 455.76 million and Tk. 17,451.96 million respectively for the same period of the previous year.
MEGHNALIFE 16-Sep-2021 (continuation news of MEGHNALIFE): Tentative date of submission to BSEC: October 15, 2021; Tentative investment time schedule: October 15, 2021; Nature of the fund: Open-ended; Dividend policy: Distribute 70% of income as dividend; Proposed Trustee: Bangladesh General Insurance Company Limited and Proposed Custodian: BRAC Bank. (end)
MEGHNALIFE 16-Sep-2021 The Company has informed that Board of Directors of the Company has taken a decision to sponsor 'Sandhani AML-Meghna Life Income Fund' upon completing formalities and getting approval from BSEC, under following key features: Name of the Fund: Sandhani AML-Meghna Life Income Fund; Total target size: BDT 20.00 crore; Sponsors contribution: BDT 5.00 crore; (cont.)
MEGHNALIFE 16-Sep-2021 There will be no price limit on the trading of the shares of the Company today (16.09.2021) following its corporate declaration.
MEGHNALIFE 16-Sep-2021 (Continuation news of MEGHNALIFE): or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post-dividend retained earnings become negative or a debit balance. The Company will use the amount of the declared stock dividend to invest in Fixed Deposit, Bond and Stock market to enhance the future return on investment and for business expansion. (end)