![]() 500 million divided into 50 million shares Tk. 350 million and authorized capital of Tk. Sunlife is now running with a paid up capital of Tk. This huge over subscription was due to unbounded belief of the investors in our company. BDT 7700 million was deposited as subscription by the respected Investors and Shareholders against the share money of Taka 120 million only, i.e., 65 times over subscription. ![]() The company went into IPO (Initial Public Offer) on 1st October, 2012. ![]() SLICL is sponsored by a group of renowned business personalities of the country involved with various businesses such as Aluminium extrusion, Food and Beverages, Electrical products, Brokerage house, Oil refinery, Banks, Real estate’s etc. 30 million against an authorized capital of Tk. SLICL started its business with a paid up capital of Tk. Maleque (PSC), a Minister of the then cabinet of the People’s Republic of Bangladesh, and former Mayor of the Dhaka City Corporation. Providing life insurance and generating employment opportunity for people was the dream of the founder Chairman, Late Mr. It obtained certificate for commencement of business on the same day. Sunlife Insurance Company Limited (SLICL), a third generation life insurance company in Bangladesh, was incorporated on Maunder the Companies Act, 1994 as a Public Limited Company to carry out life insurance business in Bangladesh.
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