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Business & Economy

PICL approved 20pc Cash Dividend: Pioneer Insurance Company Limited has been approved 20 per cent Cash Dividend for the year ended December 31, 2019. The decision was taken at its 24th Annual General Meeting held on Thursday through digital platform. M An

Business & Economy

PICL approved 20pc Cash Dividend: Pioneer Insurance Company Limited has been approved 20 per cent Cash Dividend for the year ended December 31, 2019. The decision was taken at its 24th Annual General Meeting held on Thursday through digital platform. M Anis Ud Dowla, Senior Director of the company presided over the meeting. Directors Tapan Chowdhury, Syed Nasim Manzur, Shafiqul Islam Khan, Fahama Khan, Sanchia Chowdhury, M.A. Majed, Parveen Akther, Rozina Afroze, Captain A B Tajul Islam (Retd.), MP, Lieutenant Cornel (Retd.) Muhammad Nazrul Islam, Bir Protik, MP, Consultant QFM Sirajul Islam and Chief Executive Officer (CC.) Tarik Ur Rahman as well as a large number of shareholders were present in the meeting virtually, said a press release. In the year 2019 the company earned premium of Tk. 322.23 crore and net profit of Tk. 44.02 crore. The shareholders expressed their satisfaction with company’s performance during the year. The President of the meeting expressed his heartfelt gratitude to the shareholders for their continued support to the Company. He also appreciated the employees of the Company for their outstanding performance and advised them to continue their sincere efforts in future too.

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