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PROGRESLIF

All Eps Dividend Board Agm Q1 Q2 Q3

PROGRESLIF 02-Sep-2019

(Continuation news of PROGRESLIF): not be verified by us; ii) We were not provided with cash certificates in support of cash in hand for branch offices except a list of such branch names and amounts. As a result, we could not verify these balances satisfactorily; iii) The Company has a flat in Chittagong at a cost price of Taka 34,689,801 ownership of which is disputed and legal proceeding is in process. The Company could not take over any possession as yet but included in land and (cont. 3)

PROGRESLIF 02-Sep-2019

(Continuation news of PROGRESLIF): bank accounts is 1,106 whereas as per records number of bank accounts appears 1,021. We were not given the list of total 1,106 bank accounts but this bank account number is incorporated in the financial statements of 2012. The management of the Company could not provide us any satisfactory explanation regarding the additional bank account whether these are at all in existence or not. As such, amount lying in those rest of the 85 accounts could (cont. 2)

PROGRESLIF 02-Sep-2019

(Basis for Qualified Opinion and Emphasis of Matter): The auditor of the company has given the following "Basis for Qualified Opinion and Emphasis of Matter" paragraph in the audit report of the company prepared for the year ended on 31 December 2013. Basis for Qualified Opinion: i) There appear differences for total number of bank accounts between reported accounts and source documents maintained by the Company. As per audited report of 2012, total number of (cont. 1)

PROGRESLIF 22-Aug-2019

Trading of the shares of the Company will resume on 25.08.2019 after record date.

PROGRESLIF 21-Aug-2019

Trading of the shares of the Company will remain suspended on record date i.e., 22.08.2019.

PROGRESLIF 04-Aug-2019

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 05.08.2019 to 21.08.2019. Trading of the shares of the Company will remain suspended on record date i.e., 22.08.2019.

PROGRESLIF 28-Jul-2019

There will be no price limit on the trading of the shares of the Company today (28.07.2019) following its corporate declaration.

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 18-Jul-2019

As per Regulation 19(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 25, 2019 at 3:30 PM to consider, among others, audited financial statements of the Company for the years ended on December 31, 2013, 2014 and 2015 as per judgment of the Honorable High Court.

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.

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