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POPULARLIF

All Eps Dividend Board Agm Q1 Q2 Q3

POPULARLIF 22-Sep-2019

Mr. Kabir Ahmed, one of the Sponsor Directors and Mr. Nur Jahan Ahmed one of the Directors of the Company, have expressed their intentions to buy 5,38,000 shares and 2,94,500 shares respectively of the Company at prevailing market price (In the Block Market) through Stock Exchange (DSE) within October 31, 2019.

POPULARLIF 07-Aug-2019

The Company has informed that Cash dividend warrants has been disbursed for the year ended on December 31, 2018.

POPULARLIF 16-Jul-2019

(Q2 Un-audited): Increase in life revenue account for Apr-June 2019 was Tk. 28.72 million with total life insurance fund of Tk. 17,900.22 million as against decrease in Tk. 1,583.96 million and Tk. 21,282.79 million respectively for the same period of the previous year. Decrease in life revenue account for Jan-June 2019 was Tk. 428.45 million with total life insurance fund of Tk. 17,443.04 million as against decrease Tk. 2,735.01 million and Tk. 20,131.73 ml respectively for same period of previous year.

POPULARLIF 15-Jul-2019

(Continuation news of POPULARLIF): The Company has initiated the legal proceedings against these employees in order to recover the amounts that were unlawfully stolen from the Company. The Company expects to recover all of these funds and has recorded them as a receivable on the financial statements. (End)

POPULARLIF 15-Jul-2019

(Continuation news of POPULARLIF): Since legal proceedings are currently ongoing, there is a possibility of an inflow of economic benefits into the Company which represents a contingent asset and should not be recorded but rather written off. Note: 17: Sundry Debtors: Amount was Tk. 91,332,160.00 on 31 December 2018 and Tk. 87,046,712.00 on 31 December 2017. The above amount represents money embezzled by different employees from collection of premium. (cont. 2)

POPULARLIF 15-Jul-2019

The auditor of the company has given the following "Qualified Opinion" paragraph in the audit report of the company prepared for the year ended on 31 December 2018. Basis for Qualified Opinion: As disclosed in the Note 17, the Company has recorded Sundry Debtors worth BDT 91,332,160.00. These represent funds that were embezzled from the Company and which the Company is now in the process of recovering through legal proceedings. (cont. 1)

POPULARLIF 04-Jul-2019

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 15, 2019 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2019.

POPULARLIF 27-Jun-2019

(Q1 Un-audited): Decrease in life revenue account for Jan- March, 2019 was Tk. 457.17 million with total life insurance fund of Tk. 17,414.32 million as against decrease in life revenue account of Tk. 1,331.29 million with total life insurance fund of Tk. 21,535.45 million respectively for the same period of the previous year.

POPULARLIF 18-Jun-2019

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on June 26, 2019 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2019.

POPULARLIF 12-Jun-2019

Trading of the shares of the Company will resume on 13.06.2019 after record date.

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