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Pragati Insurance declares 10% dividend for 2008

 

Tuesday, Sep 29,2009, 6:50:27 PM   Click:

Pragati Life Insurance Limited today (Sunday) declared 10 percent dividend for its shareholders for the year 2008.

The declaration came from its 9th Annual General Meeting (AGM) held at the Jamuna Resort Ltd in Tangail.

Presided over by company chairman Syed M Altaf Hussain, the AGM was also attended, among others, by Directors Abdul Awal Mintoo, Tabith M Awal, Alhaj Khalilur Rahman, AKM Rafiqul Islam, Yunus Chowdhury, Captain Imam Anwar Hossain, MA Awal and Professor Jahangir Chowdhury.

In his opening speech, Altaf Hossain informed that total income of the company was Tk 896.19 million as against Tk 678.16 million in the preceding year, being an increase of 32.15 percent.

He also said that the company made payments of Tk 132 million to policyholders in 2008.

Managing Director of the company Zafar Halim replied the queries of the shareholders present in the AGM.

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