Progressive Life, Prime Life and Sunlife Ins recommend dividend

Last updated: June 30, 2013

Dhaka, Bangladesh (BBN): The Board of Directors of three life insurance companies --- Progressive Life Insurance, Prime Life Insurance and Sunlife Insurance recommended dividend, said their respective office disclosure on Sunday.

Progressive Life: The Board of Directors of Progressive Life Insurance has recommended 18% stock dividend for the year ended on December 31, 2012.

Date of AGM: 01.09.2013, Time: 11:00 AM, Venue: Institute of Diploma Engineers, Bangladesh, 160/A Kakrail, VIP Road, Dhaka-1000. Record Date: 18.07.2013.

The Company has also reported EPS of Tk. 2.71, NAV per share of Tk. 37.11 and NOCFPS of Tk. 53.18 for the year ended on December 31, 2012.

Prime Life: The Board of Directors of Prime Life Insurance has recommended 13% cash dividend and 15% stock dividend for the year ended on December 31, 2012.
Date of AGM: 08.09.2013, Time: 10:00 AM, Venue: Grand Ball Room, Hotel Pan Pacific Sonargaon Dhaka, 107 Kazi Nazrul Islam Avenue, Dhaka-1215. Record

Sunlife Insurance: The Board of Directors of Sunlife Insurance has recommended 5% stock dividend for the year ended on December 31, 2012.

Date of AGM: 08.09.2013, Time: 11:00 AM, Venue: Basundhara Convention Center. Record Date: 11.07.2013.

There will be no price limit on the trading of the shares of the three Companies today following their corporate declaration.

BBN/BB/AD/30Jun-13-11.20am (BST).

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