Peoples Insurance PLC.

The company was incorporated on March 31, 1985, and obtained a Certificate for Commencement of Business on the same day. It registered with the Department of Insurance on July 31, 1985, and has an authorized capital of Tk. 50.00 Crore with Tk. 15.00 Crore issued, subscribed, and paid-up capital. The company got listed on the Dhaka Stock Exchange on July 29, 1990, and on the Chittagong Stock Exchange on October 10, 1995. A prospectus was issued for the floatation of public shares on August 16, 1990, with Tk. 3.00 Crore in public subscription. Land registration at 36, Dilkusha C/A, Dhaka-1000, occurred on March 05, 1998. Construction of a 22-storied building at the same location began on June 09, 1999. Bonus shares were issued at various percentages in 2004, 2005, 2008, and 2009. Additionally, a right share was issued at 100%, although the specific year is not provided.