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PARAMOUNT

All Eps Dividend Board Agm Q1 Q2 Q3

PARAMOUNT 09-Mar-2021

Dividend Declaration (Reason for significant deviation in EPS): The Company has further informed that EPS has been increased for the year ended on December 31, 2020 compared with the same period of previous year due to increase in premium income, underwriting profit, interest & investment income.

PARAMOUNT 09-Mar-2021

(Continuation news of PARAMOUNT): i) As per Schedule-1, Section 21 of the Insurance Act 2010, every ono-life Insurance should have Forty Crore of Paid-up Capital. At present Company's paid-up Capital is TK. 33,88,74,720.00 only. That is why The Company has declared 20% stock dividend only for this year. ii) Bonus shares is not declared from capital reserve or revaluation reserve or any kind other than accumulate profit. (end)

PARAMOUNT 09-Mar-2021

(Continuation news of PARAMOUNT): The Company has also informed that the Company is constructing a new building named Paramount Insurance Bhaban. Considering this huge investment, the Board decided to payout Stock Dividend rather than Cash dividend this year. The Board has decided to distribute 37.174% of EPS of Tk. 5.38 as Stock dividend which will be 5:1 per share. (cont.2)

PARAMOUNT 09-Mar-2021

The Board of Directors has recommended 20% stock dividend for the year ended on December 31, 2020. Date of AGM: 03.05.2021, Time: 11:00 AM, Venue: Digital Platform. Record Date: 01.04.2021. The Company has also reported EPS of Tk. 5.38, NAV per share of Tk. 26.62 and NOCFPS of Tk. 2.74 for the year ended on December 31, 2020 as against Tk. 1.14, Tk. 21.40 and Tk. 0.50 respectively for the same period of the previous year. (cont.1)

PARAMOUNT 28-Oct-2020

(Continuation news of PARAMOUNT): The Company also has informed that EPS was increased during the period from July-to September-2020 compared with the same period of previous year due to increased premium income and profit from other income (Dividend income & profit on sale of shares).

PARAMOUNT 10-Aug-2020

The Company has informed that it has credited the bonus shares for the year ended on December 31, 2019 to the respective shareholders' BO Accounts and disbursed cash dividend.

PARAMOUNT 04-Mar-2020

(Continuation news of PARAMOUNT): b) Total accumulated profit stands at Statement of Financial Position as on December 31, 2019, Tk. 1,42,38,331.00 and 2% stock dividend is Tk. 66,44,604.00 only. Not only stock dividend but also cash dividend is declared from accumulated profit. and c) The Company also ensure that no dividend is declared from Capital Reserve or revaluation reserve or any kind other than accumulated profit. (end)

PARAMOUNT 04-Mar-2020

Dividend Declaration (Additional Information): The Company has further informed that a) As per Schedule ? 1, Section 21 of The Insurance Act 2010, every non-life insurance should have forty crore of Paid?up Capital. At present the Company Paid ?up Capital is Tk. 33,22,30,120.00 only. So the Company declared stock dividend every year. (cont.)

PARAMOUNT 04-Mar-2020

The Board of Directors has recommended 2% cash and 2% stock dividend for the year ended on December 31, 2019. Date of AGM: 08.04.2020, Time: 11:00 AM, Venue: Spectra Convention Centre Ltd. (King's Hall), House # 19, Road # 7, Gulshan-1, Dhaka-1212. Record Date: 25.03.2020. The Company has also reported EPS of Tk. 1.17, NAV per share of Tk. 21.83 and NOCFPS of Tk. 0.51 for the year ended on December 31, 2019 as against Tk. 0.52, Tk. 13.04 and Tk. 1.61 respectively for the same period of the previous year.

PARAMOUNT 15-Apr-2019

The Company will be placed in 'B' category from existing 'A' category with effect from April 16, 2019 as the Company has approved 5% stock dividend for the year ended on December 31, 2018.

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