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DSE/CSE News in Brief (25-08-2019)

August 25, 2019 00:00:00


DSE NEWS

Board Meetings

Doreen Power Generations and Systems Limited: A meeting of the board of directors will be held on August 31, 2019 at 4:00 pm to consider, among others, audited financial statements of the Company for the year ended on June 30, 2019.

National Polymer Industries Ltd.: A board meeting of the company will be held on August 29, 2019 at 3:30 pm to consider, among others, audited financial statements of the company for the year ended on June 30, 2019.

Padma Islami Life Insurance Ltd.: A board meeting of the company will be held on August 29, 2019 at 2:40 pm to consider, among others, audited financial statements of the company for the year ended on December 31, 2018.

Resumption of trading

Progressive Life Insurance Co. Ltd.: Trading of the shares of the company will resume today after record date.

National Life Insurance Company Ltd.: Trading of the shares of the company will resume today after record date.

Credit Rating

Khulna Printing & Packaging Limited: National Credit Ratings Limited (NCR) has announced the entity rating of the company as "BBB" in the long term and "ST-3" in the short term along with a developing outlook based on audited financial statements of the company as on June 30, 2018.

Standard Ceramic Industries Ltd.: National Credit Ratings Limited (NCR) has announced the rating of the company as "BBB" in the long term and "ST-3" in the short term along with a developing outlook based on audited financial statements of the company as on June 30, 2018.

Sale Intention

Mercantile Bank Limited: Dr. Toufique Rahman Chowdhury, one of the sponsors of Mercantile Bank Limited, has expressed his intention to sell 3,14,430 shares out of his total holding of 24,39,430 shares of the company at prevailing market price (In the Public Market) through Stock Exchange (DSE) within next 30 working days.

CSE NEWS

Spot trading

Trading of the units of AB Bank 1st Mutual Fund, EBL NRB Mutual Fund, PHP 1st Mutual Fund, Popular Life 1st Mutual Fund, EXIM Bank 1st Mutual Fund, First Bangladesh Fixed Income Fund, First Janata Bank Mutual Fund, IFIC Bank 1st Mutual Fund, Trust Bank 1st Mutual Fund and EBL First Mutual Fund will be allowed only in the spot market from today to August 26, 2019 as the record date of the funds is on August 27, 2019.

Category Change

International Leasing and Financial Services Limited: The company will be placed in ''B'' category from existing ''A'' category with effect from today as the company has approved 5 per cent stock dividend for the year ended on December 31, 2018. As per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015; the stock brokers and merchant bankers are requested not to provide loan facilities to their clients against trading of the shares of ILFSL up to 30 trading days from today.

Bonus Shares

National Bank Limited: The bonus shares of the company for the year ended on December 31, 2018 have already been credited through CDBL to the respective shareholders' BO Accounts on August 21, 2019.

— DSE/CSE Online


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