Wed, 15th January 2025

4:05 am

Prohibition on providing loan facilities to purchase securities

The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase securities of Sonali Life Insurance Company Limited with effect from today i.e., January 15, 2025 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.

Wed, 15th January 2025

4:05 am

Category Change

The Company has been placed in 'Z' category from existing 'A' category with effect from today i.e., January 15, 2025 according to provision 1(b) of BSEC Directive No. BSEC/CMRRCD/2009-193/77 dated May 20, 2024 regarding non holding of Annual General Meeting (AGM) within the stipulated time frame.

Sun, 29th September 2024

4:04 am

Postponement of Board Meeting schedule under LR 19(1)

Refer to their earlier news disseminated on 19.09.2024, the Company has further informed that due to unavoidable circumstances, the meeting scheduled to be held on September 26, 2024 at 03:00 PM as per LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, to consider, among others, audited financial statements of the Company for the year ended December 31, 2023, has been postponed. New date of the meeting will be declared shortly.

Thu, 19th September 2024

4:04 am

Board Meeting schedule under LR 19(1)

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 September 26, 2024 at 03:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.

Wed, 26th June 2024

4:10 am

Regarding suspension of Board & appointment of Administrator by IDRA

(Continuation news of SONALILIFE): In absence of the Board, it is not possible to authenticate the accounts and adopt financial statements accordingly. (end)

Wed, 26th June 2024

4:10 am

Regarding suspension of Board & appointment of Administrator by IDRA

The administrator of the company has informed that as per Regulation no. 19 of the Dhaka Stock Exchange (Listing) Regulations, 2015 and section 189 of Company Law 1994, the company is supposed to authenticate the Financial Statements & adopt the same by the Board of Directors. Under a special circumstance, the Board of the company has been suspended as well as an Administrator has been appointed as per letter dated 18.04.2024 of Insurance Development & Regulatory Authority (IDRA). (cont.)

Sun, 21st January 2024

8:29 am

Election of Chairman

The company has informed that the Board of Directors has elected Mr. Quazi Moniruzzaman, Independent Director as the Chairman of the company.

Wed, 20th December 2023

4:05 am

Appointment of Company Secretary

The Company has informed that the Board of Directors has appointed Mr. Abdur Rob as the Company Secretary of the Company with effect from December 17, 2023.

Thu, 2nd November 2023

10:32 am

Election of Chairman

The company has informed that the Board of Directors has elected Mr. Mostafa Golam Quddus as Chairman of the company.

Thu, 2nd November 2023

7:50 am

Dividend Disbursement

The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2022 to the respective shareholders.

Sun, 29th October 2023

4:04 am

Q3 Financials

(Continuation news of SONALILIFE): excess of total income over total expenses including claims (surplus) was BDT 2,649.58 million as against excess of total income over total expenses including claims (surplus) of BDT 1,743.69 million in the corresponding previous period of 2022. Accordingly, Balance of Life Insurance Fund was BDT 8,685.14 million as on September 30, 2023 as against BDT 4,713.99 million as on September 30, 2022 resulting a net increase of BDT 3,971.15 million. (end)

Sun, 29th October 2023

4:04 am

Q3 Financials

(Q3 Un-audited): As per life revenue account of the company for July to September, 2023, excess of total income over total expenses including claims (surplus) was BDT 1,091.74 million as against excess of total income over total expenses including claims (surplus) of BDT 713.80 million in the corresponding previous period of 2022. Whereas as per life revenue account of the company for January to September, 2023, (cont.)

Wed, 18th October 2023

5:25 am

Board Meeting schedule under LR 16(1)

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 October 28, 2023 at 12:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.

Sun, 20th August 2023

6:25 am

Resumption after Record Date

Trading of the shares of the company will resume on 21.08.2023.

Thu, 17th August 2023

5:54 am

Suspension for Record Date

Trading of the shares of the company will be suspended on record date i.e., 20.08.2023.

Mon, 14th August 2023

5:45 am

Spot News

Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 16.08.2023 to 17.08.2023 and trading of the shares will remain suspended on record date i.e., 20.08.2023.

Sun, 6th August 2023

4:05 am

Q2 Financials

(Continuation news of SONALILIFE): was BDT 1,557.83 million as against excess of total income over total claims and expenses (surplus) of BDT 1,029.88 million in the corresponding previous period of 2022. Accordingly, Balance of Life Insurance Fund as on June 30, 2023 was BDT 7,593.39 million as against BDT 4,000.18 million as on June 30, 2022 resulting a net increase of BDT 3,593.21 million. (end)

Sun, 6th August 2023

4:05 am

Q2 Financials

(Q2 Un-audited): As per life revenue account of the company for April to June, 2023, excess of total income over total claims and expenses (surplus) was BDT 886.06 million as against excess of total income over total claims and expenses (surplus) of BDT 590.58 million in the corresponding previous period of 2022. Whereas as per life revenue account of the company for January to June, 2023, excess of total income over total claims and expenses (surplus) (cont.)

Wed, 2nd August 2023

6:14 am

Emphasis of Matter

but floors have not yet been registered in the name of the company through transferred deed. During our audit period, registration process has been started. ii) As per Section 2(10), Labor Act 2006 and as amended up to 2013, Sonali Life Insurance Company Limited has not established any gratuity fund which is non-compliance of Labour Act." (end)

Wed, 2nd August 2023

6:14 am

Emphasis of Matter

The auditor of Sonali Life Insurance Company Limited has given the "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended December 31, 2022. "Emphasis of Matters: i) In our audit we have observed that Company has purchased office spaces in different floors in the existing office building and management has taken over the possession of the floors and started utilization of the floor spaces for official purpose (cont.)

Mon, 31st July 2023

7:55 am

Credit Rating Result

Refer to the earlier news disseminated on 31.07.2023, the company has further informed that the company wrongly mentioned consideration of its audited financial up to June 30, 2022 whereas the correct information is consideration of its audited financial up to December 31, 2022. Other information will remain the same.

Mon, 31st July 2023

4:20 am

Credit Rating Result

National Credit Ratings Limited has assigned the Surveillance entity rating of the Company as "AAA" in the long term and "ST-1" in the short term along with Stable outlook based on audited financial statements as on June 30, 2022.

Sun, 30th July 2023

4:05 am

Q1 Financials

(Continuation news of SONALILIFE): Total expenditure was BDT 994.10 million during January-March 2023 as against BDT 666.96 million during January-March 2022. NOCFPS was BDT 14.03 during January-March 2023 as against BDT 9.22 during January-March 2022. (end)

Sun, 30th July 2023

4:05 am

Q1 Financials

(Q1 Un-audited): As per life revenue account of the company for January to March 2023, Balance of Life Insurance Fund as on March 31, 2023 was BDT 6,707.33 million as against BDT 3,409.60 million as on March 31, 2022 resulting a net increase of BDT 3,297.73 million. Net premium was BDT 1,576.20 million during January-March 2023 as against BDT 1,061.42 million during January-March 2022. (cont.)

Sun, 30th July 2023

4:05 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (30.07.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.

Sun, 30th July 2023

4:05 am

Dividend Declaration

The Board of Directors has recommended 20% Cash Dividend for the year ended December 31, 2022. Date of AGM: 28.09.2023, Time: 12:00 PM, Venue: Digital Platform. Record Date: 20.08.2023.

Mon, 24th July 2023

10:32 am

Board Meeting schedule under LR 16(1)

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 August 03, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2023.

Thu, 20th July 2023

7:29 am

Board Meeting schedule under LR 19(1)

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 29, 2023 at 12:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2022.

Thu, 20th July 2023

7:29 am

Board Meeting schedule under LR 16(1)

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 29, 2023 at 12:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023.

Tue, 30th May 2023

4:05 am

Query Response

In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.

Thu, 2nd March 2023

7:04 am

Resumption after record date

Trading of the shares of the company will resume on 05.03.2023 after record date.

Wed, 1st March 2023

6:55 am

Suspension for Record date

Trading of the shares of the company will remain suspended on record date i.e., 02.03.2023 for EGM.

Mon, 27th February 2023

7:05 am

Spot for EGM

Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement from 28.02.2023 to 01.03.2023 and trading of the shares will remain suspended on record date i.e., 02.03.2023 for EGM.

Mon, 13th February 2023

4:35 am

Decision to hold EGM

The company has informed that the Board of Directors has decided to hold an EGM to obtain approval from shareholders regarding complete Islamicization of business of the Company. Date of EGM: 23.03.2023, Time: 12:30 PM, Venue: Digital Platform. Record Date for EGM: 02.03.2023.

Mon, 31st October 2022

7:05 am

Dividend Disbursement

The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.

Sun, 30th October 2022

4:24 am

Q3 Financials

(Q3 Un-audited): As per life revenue account of the company for July to September 2022, excess of total income over total expenses (Surplus) was BDT 4,713.99 million as against excess of total income over total expenses (Surplus) BDT 2,236.25 million in the corresponding previous period 2021. Whereas life revenue account of the company for January to September 2022, excess of total income over total expenses (Cont.)

Sun, 30th October 2022

4:24 am

Q3 Financials

(Continuation news of SONALILIFE): (Surplus) was BDT 4,713.99 million as against excess of total income over total expenses (Surplus) BDT 2,236.25 million in the corresponding previous period 2021. Accordingly, Balance of Life Insurance Fund as on September 30, 2022 was BDT 4,713.99 million as against BDT 2,236.25 million as on September 30, 2021 resulting a net increase of BDT 2,477.74 million. (end)

Mon, 24th October 2022

8:38 am

Board Meeting schedule under LR 16(1)

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 October 29, 2022 at 12:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2022.

Wed, 31st August 2022

6:30 am

Resumption after record date

Trading of the shares of the company will resume on 01.09.2022 after record date.

Tue, 30th August 2022

7:10 am

Suspension for Record date

Trading of the shares of the company will remain suspended on record date i.e., 31.08.2022.

Sun, 28th August 2022

5:45 am

Spot News

Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 29.08.2022 to 30.08.2022 and trading of the shares will remain suspended on record date i.e., 31.08.2022.

Mon, 8th August 2022

4:14 am

Q2 Financials

(Q2 Un-audited): Increase in life revenue account for Apr-June 2022 was Tk. 590.59 mn. with total life insurance fund of Tk. 4000.19 mn. as against increase in Tk. 252.50 mn. and Tk. 1,935.31 mn. respectively for the same period of the previous year. Increase in life revenue account for Jan-June 2022 was Tk. 1029.89 mn. with total life insurance fund of Tk. 4000.19 mn. as against increase in Tk. 398.26 mn. and Tk. 1,935.31 mn. respectively for the same period of the previous year.

Tue, 2nd August 2022

6:29 am

Credit Rating Result

National Credit Ratings Limited (NCR) has assigned the surveillance entity rating to the Company as "AA+" in the long term and "ST-2" in the short term along with a Stable outlook based on audited financial statements of the Company as on December 31, 2021.

Mon, 1st August 2022

5:04 am

Board Meeting schedule under LR 16(1)

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 August 07, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2022.

Sun, 31st July 2022

8:15 am

Update of Information

(Continuation news of SONALILIFE): The Company has further requested all Members to update their email addresses through their respective Depository Participant (DP) and shareholders bearing Folio numbers are requested to submit their email addresses to the Share Department of the Company by 31st August 2022. (end)

Sun, 31st July 2022

8:15 am

Update of Information

(Continuation news of SONALILIFE): The Company has also requested all stock Brokerage Houses to provide the names of the margin holders, shareholdings, e-TIN, telephone, fax numbers and email addresses as on record date. The Company further requested to provide the beneficiary's name (DP), bank name, bank account number, and routing number by 15th September 2022 positively to get the dividend amount. (cont.2)

Sun, 31st July 2022

8:15 am

Update of Information

The Company has requested the Valued shareholders to update their addresses and bank account information (if required) in their respective BO/Folio accounts before 31st August, 2022. Shareholders with BO numbers should update their BO Account information by inserting a 12-digit e-TIN number through Depository Participants (DP), while shareholders with Folio numbers should submit their 12-digit e-TIN to the Company's Share Department by 31st August, 2022. (cont.1)

Sun, 31st July 2022

4:05 am

Q1 Financials

(Q1 Un-audited): Increase in life revenue account for Jan-Mar 2022 was Tk. 439.29 million with total life insurance fund of Tk. 3,409.59 million as against increase in life revenue account for Jan-Mar 2021 was Tk. 145.76 million with total life insurance fund of Tk. 1,682.81 million respectively for the same period of the previous year.

Sun, 31st July 2022

4:05 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (31.07.2022) following its corporate declaration.

Sun, 31st July 2022

4:05 am

Dividend Declaration

The Board of Directors has recommended 13% Final cash dividend (i.e. total 15% cash dividend inclusive 2% Interim cash dividend which has already been paid) for the year ended December 31, 2021. Date of AGM: 28.09.2022, Time: 12:00 noon, Venue: Digital Platform. Record Date: 31.08.2022.

Sun, 24th July 2022

4:49 am

Board Meeting schedule under LR 16(1)

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 30, 2022 at 12:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2022.

Sun, 24th July 2022

4:49 am

Board Meeting schedule under LR 19(1)

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 30, 2022 at 12:00 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2021.

Mon, 20th June 2022

8:04 am

Declaration of share transfer by a Sponsor Director

Ms. Noor-E-Hafza, one of the Sponsor Directors of the Company, has expressed her intention to transfer her 2,10,000 shares out of her total holding 11,60,085 shares of the Company to her daughter Ms. Ishra Tahiyat (Director), by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.

Mon, 20th June 2022

7:59 am

Declaration of share transfer by a Nominated Director

Mr. Khair Mohammad Farookh, one of the Nominated Directors of the Company, has expressed his intention to transfer his 1,27,500 shares out of his total holding 5,00,086 shares of the Company to his daughter Ms. Ishra Tahiyat (Director), by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.

Mon, 20th June 2022

7:49 am

Declaration of share transfer by a Sponsor Director

Ms. Shafia Sobhan Chowdhury, one of the Sponsor Directors of the Company, has expressed her intention to transfer her 6,50,000 shares out of her total holding 21,30,086 shares of the Company to her spouse Mr. Mostafa Quamrus Sobhan (Director), by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.

Mon, 20th June 2022

5:49 am

Declaration of share transfer by a Director

Mr. Mostafa Golam Quddus, one of the Directors of the Company has expressed his intention to transfer 17,10,000 shares out of his holding of 26,80,000 shares of the Company where 14,80,000 shares to his daughter Ms. Fuzia Quamrun Tania (Sponsor Director) and 2,30,000 shares to his spouse Mst. Fazlutun Nessa (Director) respectively, by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.

Wed, 27th April 2022

6:09 am

Dividend Disbursement

The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2020 to the respective shareholders.

Wed, 20th April 2022

6:10 am

Dividend Distribution

The Company has informed the Shareholders that 10% Cash Dividend (as per BSEC letter # SEC/SRMIC/2021/201/141, dated 07 April 2022 net amount (after deduction of Tax) will be distributed from 20 April 2022 to all the Shareholders Bank Account (as per CDBL data) through BEFTN and NRB Shareholders and Shareholders who's bank information incomplete their Dividend Warrant sends to Shareholders address (as per CDBL data) through courier service.

Wed, 22nd December 2021

10:47 am

Disregard the News of Dividend Disbursement

(Disregard News): Please disregard the News of Dividend Disbursement, which is inadvertently disseminated in SONALILIFE code.

Wed, 22nd December 2021

7:55 am

Dividend Disbursement

The Company has informed that it has credited the Bonus shares for the year ended on June 30, 2021 to the respective shareholders' BO Accounts and it has also disbursed the cash dividend to the respective shareholders.

Thu, 28th October 2021

6:34 am

Q3 Financials (Correction)

(Q3 Un-audited): Increase in life revenue account for July-September, 2021 was Tk. 300.94 million as against increase in Tk. 151.05 million for July-September, 2020. Whereas increase in life revenue account for Jan- September, 2021 was Tk. 699.20 million with total life revenue account of Tk. 2,236.25 million as against increase in Tk. 323.49 million and Tk. 1,276.83 million respectively for the same period of the previous year.

Thu, 28th October 2021

4:29 am

Q3 Financials

(Q3 Un-audited): Increase in life revenue account for July-September, 2021 was Tk. 300.94 million as against increase in Tk. 151.05 million for July-September, 2020. Whereas increase in life revenue account for Jan- September, 2021 was Tk. 699.20 million with total life revenue account of Tk. 2,236.25 million as against decrease in Tk. 323.49 million and Tk. 1,276.83 million respectively for the same period of the previous year

Sun, 24th October 2021

6:55 am

Board Meeting schedule under LR 16(1)

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 October 27, 2021 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.

Thu, 16th September 2021

10:47 am

Prohibition on providing loan facilities to purchase securities

DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Sonali Life Insurance Company Limited in between 1st to 30th trading day after change of categorization, with effect from September 19, 2021 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.

Thu, 16th September 2021

10:47 am

Category Change

The Company will be placed in 'A' category from existing 'N' category with effect from September 19, 2021 as the Company has reported disbursement of 10% cash dividend for the year ended on December 31, 2020.

Thu, 16th September 2021

10:47 am

Dividend Disbursement

The Company has informed that it has disbursed Interim Cash Dividend based on 3 months un-audited Financial Statements for the period ended on March 31, 2021 and cash dividend for the year ended on December 31, 2020 to the respective shareholders.

Mon, 9th August 2021

4:04 am

Resumption after record date

Trading of the shares of the Company will resume today (09.08.2021) after record date as the trading day shifted due to banking schedule.

Thu, 5th August 2021

4:40 am

Resumption after record date

Trading of the shares of the Company will resume on 08.08.2021 after record date.

Tue, 3rd August 2021

6:49 am

Suspension for Record date (Correction)

(Correction): Trading of the shares of the Company will remain suspended on record date i.e., 05.08.2021 for AGM and entitlement of interim dividend.

Tue, 3rd August 2021

4:44 am

Suspension for Record date

Trading of the shares of the Company will remain suspended on record date i.e., 05.07.2021 for AGM and entitlement of interim dividend.

Mon, 2nd August 2021

4:04 am

Q2 Financials

(Q2 Un-audited): Increase in life revenue account for Apr-June 2021 was Tk. 252.50 mn. with total life insurance fund of Tk. 1,935.31 mn. as against increase in Tk. 72.06 mn. and Tk. 1,125.78 mn. respectively for the same period of the previous year. Increase in life revenue account for Jan-June 2021 was Tk. 398.26 mn. with total life insurance fund of Tk. 1,935.31 mn. as against increase in Tk. 172.44 mn. and Tk. 1,125.78 mn. respectively for the same period of the previous year.

Thu, 29th July 2021

5:35 am

Spot for AGM and entitlement of interim cash dividend

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 02.08.2021 to 03.08.2021. Trading of the shares of the Company will remain suspended on record date i.e., 05.07.2021 for AGM and entitlement of interim cash dividend.

Wed, 28th July 2021

4:04 am

Credit Rating Result

National Credit Ratings Limited (NCR) has rated the Company as "AA" in the long term and "ST-2" in the short term along with a developing outlook based on audited financial statements of the Company as on December 31, 2020.

Mon, 26th July 2021

4:04 am

Board Meeting schedule under LR 16(1)

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 29, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2021.

Mon, 12th July 2021

4:05 am

Q1 Financials

(Q1 Un-audited): Increase in life revenue account for Jan-Mar 2021 was Tk. 145.76 million with total life insurance fund of Tk. 1,682.81 million as against increase in life revenue account of Tk. 100.38 million and Tk. 1,053.72 million respectively for the same period of the previous year.

Mon, 12th July 2021

4:05 am

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (12.07.2021) following its corporate declaration.

Mon, 12th July 2021

4:05 am

Interim Dividend Declaration

The Board of Directors of the Company has declared 2% interim cash dividend for the year ending on December 31, 2021 based on 3 months un-audited Financial Statements for the period ended on March 31, 2021. Record date for entitlement of interim cash dividend: 04.08.2021.

Mon, 12th July 2021

4:05 am

Dividend Declaration

The Board of Directors has recommended 10% cash dividend for the year ended on December 31, 2020. Date of AGM: 24.08.2021, Time: 12:00 noon, Venue: Digital Platform. Record Date: 04.08.2021.

Mon, 5th July 2021

5:20 am

Board Meeting schedule under LR 16(1)

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 10, 2021 at 12:00 noon to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021.

Mon, 5th July 2021

5:20 am

Board Meeting schedule under LR 19(1)

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 10, 2021 at 12:00 noon to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.

Wed, 30th June 2021

4:04 am

Audited Annual Financials

(Continuation news of SONALILIFE): Pre-IPO Net Asset Value (NAV) per share (considering Pre-IPO paid up shares) would be Tk. 25.56 as on 31 December 2020 and the same would be Tk. 15.33 (considering Post-IPO paid up shares). Pre-IPO paid-up number of shares for the year ended on 31 December 2020 was 28,500,000 which was same for the same period of the previous year and Post-IPO paid-up number of shares would be 47,500,000. (end)

Wed, 30th June 2021

4:04 am

Audited Annual Financials

(Audited Annual Financials): As per audited annual financial statements for the year ended on 31 December 2020, the Company has reported an increase in life insurance fund of Tk. 583.71 million as against Tk. 351.85 million for the same period of the previous year. Total life insurance fund stood at Tk. 1,537.05 million as on 31 December 2020 as against Tk. 953.34 million as on 31 December 2019. (cont.)

Wed, 30th June 2021

4:04 am

Prohibition on providing loan facilities to purchase securities

DSE NEWS: The Stock Brokers, Merchant Bankers and Portfolio Managers are requested to abstain from providing loan facilities to purchase securities of Sonali Life Insurance Company Limited in between 1st to 30th trading day starting from today i.e. June 30, 2021 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.

Wed, 30th June 2021

4:04 am

Trading of New Security

Trading of the shares of Sonali Life Insurance Company Limited will commence at DSE from today i.e. June 30, 2021 under 'N' category. DSE Trading Code for Sonali Life Insurance Company Limited is "SONALILIFE" and DSE Company Code is 25751.