CHAPTER V: CORPORATE DIRECTORY OF THE ISSUER: Corporate Directory of the Issuer Name of the Issuer : Sonali Life Insurance Company Limited Date of Incorporation as a Private Limited Company : 07 July,2013 Date of Commencement of Commercial Operation : 01 August, 2013 Authorized Capital : Tk. 1,000,000,000.00 Issued, Subscribed & Paid-up Capital : Tk. 285,000,000.00 Addresses of the Registered Office : Rupali Bima Bhaban,7 RAJUK Avenue, Dhaka-1000. Extended Head Office 68/B D.I.T. Road,Malibagh ChowdhuryPara, Dhaka-1219 Branch 52 no. of branches all over in Bangladesh Board of Directors : 15 Directors (including Three Independent Directors) Auditor : Ahmad & Akhtar BCIC Bhaban(3rd floor), 30-31,Dilkusha,C/A, Dhaka-1000 Acturial Valuer : Zafar Halim Actuary Empori Parkview Flat 9A, House 1/C, Road 86, North Gulshan, Dhaka- 1212 (+88) 01713012238 Legal Advisor : Imtiaz Moinul Islam LegalShelter, Appollo Ispat Complex, 407, Tejgaon Industrial Area, Dhaka. Tax Consultant : A. Hossain & Company Chartered Accountants Paramount Height 65/2/1 Box Culvert Road PuranaPaltan, Dhaka-1000 Managers to the Issue : ICB Capital Management Ltd. Green City Edge (5th& 6th Floor) 89, Kakrail, Dhaka-1000 Agrani Equity& Investment Limited Swantex bhaban (4th floor) 9/1, Motijheel C/A, Dhaka- 1000. Compliance Officer : Md.Rafe-Uz-Zaman Company Secretary Telephone and Fax number : IP Phone: 09678200004 Fax: 8802-9565629 Website and E-mail Address : e-mail: Banker for IPO : South Bangla Agricultureand Commerce Bank Limited Principal Branch,
CHAPTER VIII: DIRECTORS AND OFFICERS: (a) Name, Father’s name, age, residential address, educational qualification, experience and position of each of the directors of the company and any person nominated or represented to be a director, showing the period for which the nomination has been made and the name of the organization which has nominated him/her; Particulars of Directors SL # Name of the Directors Father's name Age Residential address Educational qualification Experience Position in the company Name of the Institutions and Duration for Nominated Director 01 Mrs. Md. Asaduzzaman 64 Dream Castle, House # 7, Road# M.Sc 36 Chairman - 02 Mrs. Fauzia Qumrun Tania Mostofa Golam Quddus 35 House #2/3, B.Sc (Hon’s), M.Sc 11 - 03 K.M Farookh (Nominee director of Rupali Insurance Company Ltd.) Abdul Hamid Mazumder - H-Dream Castle, D/1, Holding# 7, Road# 4, Gulshan# Dhaka. B.A 42 Director Rupali Insurance Company Limited (Sponsor director for 30 years) 04 Mr. Sheikh Mohammed Danial Sheikh Abdul Matin 33 House – 4, Khulshi, Chittagong. B.A (Hon’s) 10 Director - 05 Mrs. Shafia Sobhan Chowdhury Zafar Ullah Chowdhury 36 House-69, Block-F, Banani , Dhaka-1213 B.A (Hon’s) 10 Director - 06 Mrs. Kamrun Nahar Late Sheikh Abdul Khaleque 55 House#808, Road#24,Block #F,Bashundhara, Dhaka Dhaka-1209. B.Sc (Hon’s) 30 Director - 07 Mrs. Maya Rani Roy Late Bidhu Bhushan Saha 48 House- 67, Block-F, Banani, M. A 18 Director - 08 Mr. Sheikh Omar Faruque Ferozur Rahman 46 Yakub nagar, (South jangal) Sultanpur, sadar, B.A (Hon’s) 25 Director -
A profile of the sponsors including their names, father’s names, age, personal addresses, educational qualifications, and experiences in the business, positions or posts held in the past, directorship held, other ventures of each sponsor and present position; SL # Name of the Sponsor's Father's name Age Personal address Educational qualification Exp. in the business Position /Posts held in the past Directorship held Status of the Sponsor in other ventures and position Name of the Company Position 01 Mrs. Md. Asaduzzaman 64 Dream Castle, House # 7, Road# M.Sc 36 Chairman Since inception Farnoor Garments Limited Director 02 Mrs. Fauzia Qumrun Tania Mostofa Golam Quddus 35 House #2/3, B.Sc (Hons), M.Sc 11 Since inception Imperial Sweater Industries Ltd Dragon Sweater and Spning Limited, Bangladesh Managing Director Director 03 K. M. Farookh (Nominee Director of Rupali Insurance Company Ltd) Abdul Hamid mozumder 72 Dream Castle, House # 7, Road# B.A 37 Director Since inception Farnoor Garments Limited Rupali Insurance Company Ltd Managing Director Director. 04 Mr. Sheikh Mohammed Danial Sheikh Abdul Matin 33 House – 4, Road-06, Khulshi, Chittagong. BBA, Graduation 10 Director Since inception Mirage Agro Complex. Mirage Group Fineness Aparal limited Director Director Managing Director 05 Mrs. Shafia Sobhan Chowdhury Zafar Ullah Chowdhury 36 House-69, Road-07, Block-F, Banani , Dhaka-1213 BBA, Graduation 10 Director Since inception Perag Socks Industries Ltd Dragon Sweater and Spning Limited, Bangladesh Director Director 06 Mrs. Kamrun Nahar Late Sheikh Abdul Khaleque 55 House#808, Road#24,Block #F,Bashundhara, Dhaka-1209. BSc hons 30 Director Since inception K.S.Z Properties Limited Director 07 Mrs. Maya Rani Roy Late Bidhu Bhushan Saha 48 House- 67, Road-07, Block-F, Banani, Masters in Arts 18 Director Since inception Uttara Finance & Investment Company Limited Alternate Director
Mr. Omar Khayam Directore & Board Meeting Fee 13,000 20,000 20,000 20,000 20,000 - Mr. Ahmed Rajeeb Samdani Directore & Board Meeting Fee 13,000 20,000 20,000 20,000 20,000 - Mrs. Hazera Hossain Directore & Board Meeting Fee 13,000 20,000 20,000 20,000 20,000 - Mrs. Hoda Ali Selim Directore & Board Meeting Fee 13,000 20,000 20,000 20,000 20,000 - Imperial Sweater Industries Ltd. Common Director Group Insurance - 5,000,000 5,000,000 5,000,000 - - Perag Socks Industries Ltd. Common Director Group Insurance - 5,000,000 5,000,000 5,000,000 - - Dragon Sweater Bangladesh Ltd. Common Director Group Insurance - 10,000,000 10,000,000 10,000,000 - - Rupali Insurance Company Limited Common Director Group Insurance - - - - 968,157 - Golden Harvest Agro Industries Ltd. Common Director Group Insurance - 95,175 95,175 - - - Golden Harvest Icecreame Ltd. Common Director Group Insurance - 124,200 124,200 - - - Golden Harvest Foods Ltd Common Director Group Insurance - 17,550 17,550 - - - Dragon IT & Communication Ltd. Common Director Payable - - - - - Intraco Refueling Stations Limited Common Director Receivable - - - - 2,500,000 - Intraco CNG Ltd. Common Director Receivable - - - - - 52,000 Rulali Insurance Company Limited Common Director Office rent 240,000 480,000 480,000 120,000 - - Date : 6 August 2018 AHMAD & AKHTAR Place : Dhaka Chartered Accountants
(b) There shall also be a table showing the name and address, age, experience, BO ID Number, TIN number, numbers of shares held including percentage, position held in other companies of all the directors before the public issue; Name of the Directors' Address Age (years) Experience (years) BO ID TIN number No. of shares held % Name of other Company Position held Mrs. Noor-E-Hafza Dream Castle, House # 7, Road# 64 36 1203020058289777 213774722351 2,927,500 10.27 Farnoor Garments Limited Chairman Mrs. Fauzia Qumrun Tania House #2/3, Road#03,Banani,Dhaka-1213 35 11 1203710018181821 784174777130 4,386,500 15.39 Imperial Sweater Industries Ltd Dragon Sweater and Spinning Limited, Bangladesh Vice chairman K.M Farookh (Nominee director of Rupali Insurance Company Ltd.) Dream Castle, House # 7, Road# 72 37 1201830004744209 659281973941 4,566,000 16.02 Farmoor Garments Limtied Rupali Insurance Company Ltd. Director Mr. Sheikh Mohammed Danial House – 4, Road-06, Khulshi, Chittagong. 33 10 1203020056349992 555346117338 3,695,000 12.96 Mirage Agro Complex. Mirage Group Fineness Aparal limited Director Mrs. Shafia Sobhan Chowdhury House-69, Road-07, Block-F, Banani , Dhaka-1213 36 10 1203710040903803 182864370927 3,630,000 12.74 Perag Socks Industries Ltd Dragon Sweater and Spning Limited, Bangladesh Director Pre-
Mrs. Kamrun Nahar House#808, Road#24,Block #F,Bashundhara, 55 30 1201820064096496 341521235389 1,150,000 4.03 K.S.Z Properties Limited Director Mrs. Maya Rani Roy House- 67, Road-07, Block-F, Banani, Dhaka-1213. 48 18 1203770066436118 125462825121 1,000,000 3.51 Uttara Finance & Investment Company Limited Director Mr. Sheikh Omar Faruque Yakub nagar, (South jangal) Sultanpur, B-Baria sadar, 46 25 1602070008340181 880049843092 1,000,000 3.51 F.R Group Hotel Eram Int` Ltd Hotel Peacock Ltd Olio Filling Station Golden Dragon Ltd Hotel Olio Int Araf Danial De Olio Center Director Mr.Omar Khayum My heart Sukrabad, Sukrabad, Dhaka 40 18 1602070008340147 271874881588 1,000,000 3.51 F.R Group Hotel Eram Int` Ltd Hotel Peacock Ltd F. R Orbit International Limited. Golden Dragon Ltd Hotel Olio Int Director Mr. Ahmed Rajeeb Samdani House-9, Road-12, Gulshan-1, 45 22 1204500032808706 742736840994 1,530,000 5.37 Golden Harvest Agro Industries Limited. Samdani Art Foundaon Alvina Samdani Trust Director
Mrs. Hazera Hossain 18/ B, East Raza Bazar, Tejgaon, Dhaka 39 10 1204585679554211 420784898024 1,285,000 4.51 Manna Group Hannan Desh Wear Director Mrs. Hoda Ali Selim 1858, Sarder Ali Lane, Mohammed zaman Road, Mosque Goli, Pachlaish, Chittagong. 40 15 1204500061169239 164482619903 1,000,000 3.51 Intraco Group Intraco Renewable Energy Ltd Intraco Power Ltd Intraco Ready-mix Ltd Intraco Developers Ltd Intraco Water World Ltd. Director Bashura, Uttar Padua, Choddogram, Comilla 32 10 N/A 359226316596 N/A N/A Not connected with any company N/A Quazi Moniruzzaman South Rupsi,Rupsi, Rupgonj, Narayangonj 65 40 N/A 571664346972 N/A N/A Max Sweaters Limited Rupali Insurance Company Limited Managing Director Director Md. Nurun Nabi H-18. R-3, Chittagong 72 50 N/A 164487419804 N/A N/A Icon College Principle
The average cost of acquisition of equity shares by the directors certified by the auditors; The Average Cost of Acquisition of Equity Shares by the Directors certified This is to certify that all the shares of the Sonali Life Insurance Company Limited have been allocated to its Directors in Cash or Bonus and the average cost of acquisition of equity by the directors and necessary particulars of shareholdings, allotments dates and consideration are given below: Date Nature of Transaction No. of Shares Held Rupali Insurance Co. Ltd. Fauzia Quamrun Tania Shafia Sobhan Chowdhury Sheikh Mohammad Danial Ahmed Rajeeb Samdani Hazera Hossain Omar Khayam Sheikh Omar Faruque Kamrun Nahar Maya Rani Roy Hoda Ali Selim Consideration Average Acquisition cost of shares Tk. 07.07.2013 By Subscription MOA 3,000,000 2,450,000 1,930,000 1,500,000 1,160,000 1,030,000 1,030,000 1,000,000 1,000,000 1,000,000 900,000 670,000 Cash 10.00 09.06.2018 By Allotment 1,566,000 1,936,500 1,700,000 2,195,000 1,767,500 500,000 255,000 - - 150,000 100,000 330,000 Cash 10.00 Total 4,566,000 4,386,500 3,630,000 3,695,000 2,927,500 1,530,000 1,285,000 1,000,000 1,000,000 1,150,000 1,000,000 1,000,000 Sd/ Ahmad & Akhtar
Ahmed Rajeeb Samdani Date of Allotment/ Transfer of fully paid- up shares Nature of issue No. of Equity shares Face value Issue Prices Cumulative no. of Equity shares % Pre- issue paid up capital % Post issue paid up capital of fund On MA/AA Cash Ordinary Share 1,030,000 10.00 10.00 1,030,000 5.37% 3.22% Own 09.06.2018 Cash 500,000 10.00 10.00 1,530,000 Hazera Hossain Date of Allotment/ Transfer of fully paid- up shares Nature of issue No. of Equity shares Face value Issue Prices Cumulative no. of Equity shares % Pre- issue paid up capital % Post issue paid up capital of fund On MA/AA Cash Ordinary Share 1,030,000 10.00 10.00 1,030,000 4.51% 2.71% Own Source 09.06.2018 Cash 255,000 10.00 10.00 1,285,000 Omar Khayam Date of Allotment/ Transfer of fully paid- up shares Nature of issue No. of Equity shares Face value Issue Prices Cumulative no. of Equity shares % issue paid up capital % Post issue paid up capital of fund On MA/AA Cash Ordinary Share 1,000,000 10.00 10.00 1,000,000 3.51% 2.11% Own Source Sheikh Omar Faruque Date of Allotment/ Transfer of fully paid- up shares Nature of issue No. of Equity shares Face value Issue Prices Cumulative no. of Equity shares % Pre- issue paid up capital % Post issue paid up capital of fund On MA/AA Cash Ordinary Share 1,000,000 10.00 10.00 1,000,000 3.51% 2.11% Own Source Kamrun Nahar Date of Allotment/ Transfer of fully paid- up shares Nature of issue No. of Equity shares Face value Issue Prices Cumulative no. of Equity shares % Pre- issue paid up capital % Post issue paid up capital of fund On MA/AA Cash Ordinary Share 1,000,000 10.00 10.00 1,000,000 4.04% 2.42% Own Source 09.06.2018 Cash 150,000 10.00 10.00 1,150,000 Source
Maya Rani Roy Date of Allotment/ Transfer of fully paid- up shares Nature of issue No. of Equity shares Face value Issue Prices Cumulative no. of Equity shares % Pre- issue paid up capital % Post issue paid up capital of fund On MA/AA Cash Ordinary Share 900,000 10.00 10.00 900,000 3.51% 2.42% Own 09.06.2018 Cash 100,000 10.00 10.00 1,000,000 Hoda Ali Selim Date of Allotment/ Transfer of fully paid- up shares Nature of issue No. of Equity shares Face value Issue Prices Cumulative no. of Equity shares % Pre- issue paid up capital % Post issue paid up capital of fund On MA/AA Cash Ordinary Share 670,000 10.00 10.00 670,000 3.51% 2.42% Own Source 09.06.2018 Cash 330,000 10.00 10.00 1,000,000 Nargis Mahmuda Date of Allotment/ Transfer of fully paid- up shares Nature of issue No. of Equity shares Face value Issue Prices Cumulative no. of Equity shares % Pre- issue paid up capital % Post issue paid up capital of fund On MA/AA Cash Ordinary Share 1,000,000 10.00 10.00 1,000,000 3.51% 2.42% Own Source Phowzia Khan Date of Allotment/ Transfer of fully paid- up shares Nature of issue No. of Equity shares Face value Issue Prices Cumulative no. of Equity shares % Pre- issue paid up capital % Post issue paid up capital of fund On MA/AA Cash Ordinary Share 330,000 10.00 10.00 330,000 1.16% 0.69% Own Source Detail of shares issued by the company at a price lower than the issue price; All the shares are issued by the Company at face value of Tk. 10.00. History of significant (5% or more) changes in ownership of securities from inception. There are no changes in ownership which indicates 5% or more change in ownership of securities from inception of the company SLICL.