Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 4 highly experienced directors. 2 independent directors (8 non-independent directors). Chairman Bajloor Rashid was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. お知らせ • Apr 29
Progressive Life Insurance Company Limited announces Annual dividend, payable on July 30, 2025 Progressive Life Insurance Company Limited announced Annual dividend of BDT 0.2500 per share payable on July 30, 2025, ex-date on May 21, 2025 and record date on May 20, 2025. お知らせ • Apr 28
Progressive Life Insurance Company Limited, Annual General Meeting, Jun 29, 2025 Progressive Life Insurance Company Limited, Annual General Meeting, Jun 29, 2025, at 11:00 Central Asia Standard Time. Location: institute of diploma engineers, bangladesh (ideb), liberation war memorial auditorium, 160/a, kakrail, vip road, dhaka-1000., Bangladesh New Risk • Oct 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2020 fiscal period end). Market cap is less than US$10m (৳662.4m market cap, or US$5.53m). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). New Risk • Jan 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ৳1.04b (US$9.44m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2020 fiscal period end). Market cap is less than US$10m (৳1.04b market cap, or US$9.44m). お知らせ • Aug 29
Progressive Life Insurance Company Limited Announces Board Appointments Progressive Life Insurance Company Limited announced that the Board of Directors has elected Brigadier General Mr. Md. Zakir Hossain, ndc, psc (LPR) as Chairman and Mr. Bajloor Rashid, MBE as Vice Chairman of the Company. New Risk • Jun 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported September 2020 fiscal period end). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (৳1.62b market cap, or US$15.0m). Board Change • Nov 18
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 8 non-independent directors. Chairman of the Board Nasir Shah was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 8 non-independent directors. Chairman of the Board Nasir Shah was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • Jan 08
Progressive Life Insurance Company Limited Announces Management Changes Progressive Life Insurance Company Limited announced that the Board of Directors has elected Mr. Nasir Ali Shah FCMA as the Chairman and Mr. Gulam Mostafa Ahmed as the Vice Chairman of the Company. Is New 90 Day High Low • Nov 02
New 90-day low: ৳104 The company is down 13% from its price of ৳119 on 04 August 2020. The Bangladeshi market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 21% over the same period.