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DSE News in Brief (11-10-2019)

October 11, 2019 00:00:00


Dividend recommendation

Bangladesh Lamps Limited: The board of directors has recommended 20 per cent cash dividend for the year ended on June 30, 2019. The AGM of the company will be held on December 04, 2019 at 11:00 am at Dhaka Banquet Hall, House No. 04, Road No. 134-135, Gulshan-1, Dhaka. The record date is November 03, 2019.

Board meetings

Square Textiles Ltd: A board meeting of the company will be held on October 22, 2019 at 4:00 pm to consider, among others, audited financial statements of the company for the year ended on June 30, 2019.

Square Pharmaceuticals Ltd: A board meeting of the company will be held on October 22, 2019 at 3:00 pm to consider, among others, audited financial statements of the company for the year ended on June 30, 2019.

National Tea Company Ltd: A board meeting of the company will be held on October 20, 2019 at 3:00 pm to consider, among others, audited financial statements of the company for the year ended on June 30, 2019.

Nurani Dyeing & Sweater Ltd: A board meeting of the company will be held on October 17, 2019 at 4:00 pm to consider, among others, audited financial statements of the company for the year ended on June 30, 2019.

Zahintex Industries Limited: A meeting of the board of directors will be held on October 28, 2019 at 4:00 pm to consider, among others, audited financial statements of the company for the year ended on June 30, 2019.

Popular Life Insurance Co. Ltd: A meeting of the board of directors will be held on October 28, 2019 at 4:30 pm to consider, among others, unaudited financial statements of the company for the third quarter period ended on September 30, 2019.

Query response

National Tubes Limited: In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.

Credit rating

Global Insurance Company Ltd: National Credit Ratings Limited (NCR) has announced the surveillance entity rating of the company as "A+" in the long term and "ST-2" in the short term along with a stable outlook based on audited financial statements of the company as on December 31, 2018.

Gemini Sea Food Ltd: Credit Rating Information and Services Limited (CRISL) has rated the company as "BBB" in the long term and "ST-4" in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2018, unaudited financials up to March 31, 2019 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

— DSE Online


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