DSE/CSE News in Brief (12-2-2019)

DSE NEWS
Recommendation of dividend
Green Delta Insurance Ltd.: The board of directors has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on December 31, 2018. The AGM of the company will be held on March 31, 2019 at 11:00 am at Trust Milonayaton, 545, Old Airport Road, Dhaka Cantonment, Dhaka-1216. The record date is March 04, 2019. The company has also reported EPS of Tk. 3.09, NAV per share of Tk. 77.86 and NOCFPS of Tk. (0.14) for the year ended on December 31, 2018 as against Tk. 3.01, Tk. 79.47 and Tk. (0.25) respectively for the same period of the previous year.
Disbursement of dividend
S. Alam Cold Rolled Steels Ltd.: The company has informed that cash dividend for the year 2018 is being remitted to the shareholders' respective bank accounts through BEFTN. The company has requested the shareholders who are non compatible to BEFTN, NRB and shareholders other than Chattogram, Cox's Bazar and Chattogram Hill Districts regions to collect their dividend warrants on all working days from February 14, 2019 to February 17, 2019 between 10:00 am to 05:00 pm from its Liaison Office at Sharif Mansion (6th Floor), 56-57, Motijheel C/A, Dhaka-1000, while the shareholders of the Chattogram, Cox's Bazar and Chattogram Hill Districts regions have been requested to collect their dividend warrants simultaneously from the Registered Office of the Company at S. Alam Bhaban, 2119, Asadgonj, Chattogram.
Eastern Lubricants Ltd.: The company has disbursed the cash dividend for the year ended on June 30, 2018 to the respective shareholders' Bank Accounts through BEFTN system. Besides, Shareholders' whose cash dividends have not yet been deposited in their respective bank accounts, they are requested to contact with company's Share Section through e-mail address: [email protected].
Credit rating
IT Consultants Limited: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating of the company as "A2" along with a stable outlook based on audited financial statements up to June 30, 2018; bank liability position as on January 24, 2019 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Transmission completion of deceased director's shares to her nominee
Central Pharmaceuticals Limited: The company has informed that 24,01,476 shares (22,87,120 original shares and 1,14,356 bonus shares) of late director Mrs. Nashima Akhter, has been transmitted to the account of her nominee Mr. Munsur Ahamed, another director of the company; the younger brother of Late Mrs. Nashima Akhter; by way of nomination.
CSE NEWS
Query response
Berger Paints Bangladesh Ltd.: In response to a DSE query dated February 10, 2019, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike of shares.
Reckitt Benckiser (Bangladesh) Ltd.: In response to a DSE query dated February 10, 2019, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike of shares.
Sale intention
Doreen Power Generations and Systems Limited: Asian Entech Power Corporations Limited, one of the corporate sponsors and directors of Doreen Power Generations and Systems Limited, has reported its intention to sell 70,00,000 shares out of its total holding of 8,08,05,993 shares of the company at prevailing market price through stock exchange within next 30 working days.
Prospectus
New Line Clothings Ltd.: All concerned are hereby informed that the prospectus of New Line Clothings Ltd. is now available at CSE. The subscription period will open on February 18, 2019 and close on February 28, 2019 (cut-off date).
— DSE/CSE Online