News Briefs(9-11-2018)

Recommendation of dividend
Vanguard AML BD Finance Mutual Fund One: The trustee committee of the Fund has declared 5.0 per cent cash dividend based on net income for the year ended on September 30, 2018. The record date is December 02, 2018. The trustee of the fund has also reported EPU of Tk. 0.41, NAV per unit of Tk. 10.86 on the basis of market price, NAV per unit of Tk. 11.04 on the basis of cost price and NOCFPU of Tk. 0.10 for the year ended on September 30, 2018.
LR Global Bangladesh Mutual Fund One: The trustee committee of the fund has declared 5.5 per cent cash dividend based on net income for the year ended on September 30, 2018. The record date is December 02, 2018. The trustee of the Fund has also reported EPU of Tk. 0.55, NAV per unit of Tk. 11.09 on the basis of market price, NAV per unit of Tk. 10.59 on the basis of cost price and NOCFPU of Tk. 0.57 for the year ended on September 30, 2018.
Category change
Bangladesh Submarine Cable Company Limited: The company will be placed in 'B' category from existing 'A' category with effect from November 11, 2018 as the company has approved 5 per cent cash dividend for the year ended on June 30, 2018.
Buy confirmation
City General Insurance Co. Ltd.: Mr. Hossain Mehmood, one of the sponsors and directors (nominated shareholder director of Anwar Cement Ltd.) of the company, has further reported that he has completed his buying of 9,75,000 shares of the company at prevailing market price.
The City Bank Ltd.: Mr. Hossain Khaled, one of the directors of the company, has further reported that he has completed his buying of 75,000 shares of the company at prevailing market price through stock exchange as per declaration disseminated on October 22, 2018.
— DSE Online