(Continuation news of PROGRESLIF): of BDT 30,855,000 from Galaxy Capital Ltd.; Note 14.03 - Investment in equity shares of the companies: Balance of Investment in 51 % of Galaxy Capital Limited as on 31-12-18 was Taka 30,855,000 and as on 31-12-17 was Taka 36,566,810. 2. PLICL has incurred an excess of 67.43% management expenses in the year 2018 from allowable limit mentioned in Section 62 of the Insurance Act, 2010 and (cont. 3)