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PROGRESLIF

All Eps Dividend Board Agm Q1 Q2 Q3

PROGRESLIF 03-Dec-2019

The Board of Directors has recommended No dividend for the year ended on December 31, 2016 and December 31, 2017. The Board of Directors has also recommended 12% stock dividend for the year ended on December 31, 2018. Date of AGM: 02.02.2020, Time: 11:00 AM for the year of 2016, 2017 and 2018. Venue: Dhaka Ladies Club, 36, Eskaton Garden Road, Ramna, Dhaka - 1000. Record Date: 08.01.2020 for the year of 2016, 2017 and 2018.

PROGRESLIF 09-Oct-2019

The Company has informed that it has credited the bonus shares for the year ended on December 31, 2015 to the respective shareholders' BO Accounts and also disbursed the cash dividend and fractional amount against fraction bonus shares to the respective shareholders' Bank Accounts through BEFTN for the year ended on December 31, 2015.

PROGRESLIF 26-Sep-2019

(Continuation news of PROGRESLIF): c) Bonus shares were not declared out of from Capital Reserve on Revaluation Reserve unrealized Gain 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. (end)

PROGRESLIF 26-Sep-2019

Referring to their earlier news disseminated by DSE on 28.07.2019 regarding dividend declaration, in response to DSE query on declaration of bonus share, the Company has further informed that a) Reason for declaration of Bonus share to comply Insurance Act- 2010 and repeatedly direction by the IDRA to raise paid up capital upto 30.00 crore immediately according to schedule-1, b) Bonus share were declared considering only Actuarial surplus and (cont.)

PROGRESLIF 28-Jul-2019

The Board of Directors has recommended No dividend for the year ended on December 31, 2013 and December 31, 2014. The Board of Directors has also recommended 5% cash and 5% stock dividend for the year ended on December 31, 2015. Date of AGM: 12.09.2019, Time: 11:00 AM, for 2013, 2014 and 2015. Venue: Institution of Diploma Engineers Bangladesh (IDEB), 160/A, Kakrail, VIP Road, Dhaka-1000. Record Date: 22.08.2019, for 2013, 2014 and 2015.

PROGRESLIF 27-Jan-2019

The Company has informed that they withdrew all its investment in M/S. Galaxy Capital Limited (GCL) and accordingly, Progressive Life Insurance Company Limited transferred its all shares (51%) of holding total shares to GCL for Tk. 3,26,40,000.00 Ex-Dividend.

PROGRESLIF 31-Aug-2015

The Company has informed that they have withdrawn all its investment in Alpha Capital Management Limited (ACML) and accordingly, the Company transferred its 12,750,000 shares in ACML for Tk. 127,500,000.00 Ex-dividend.

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