DSE/CSE News in Brief (6-6-2018)

DSE NEWS

Credit rating

Nahee Aluminum Composite Panel Ltd.: National Credit Ratings Ltd. (NCR) has assigned the entity rating to the company as "A-" in the long term and "ST-3" in the short term along with a stable outlook based on audited financial statements of the company as on June 30, 2017.

Suspension of trading

Dragon Sweater and Spinning Limited: Trading of the shares of the company will remain suspended on record date, today (Wednesday) for EGM. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.

Buy Intention

Southeast Bank Limited: Mr. Md. Akikur Rahman, one of the sponsors directors of the company, has expressed his intention to buy 1,00,000 shares of the company at prevailing market price (In the public market) through stock exchange (DSE) within next 30 working days.

CSE NEWS

Suspension of trading

Trading of the shares of Delta Life Insurance Company Limited and Pragati Insurance Limited will remain suspended on its record date, today (Wednesday). Trading of the shares of the company will resume tomorrow (Thursday).

Sale confirmation

Mutual Trust Bank Ltd.: Mr. A.F.M Mahfuz-Ul-Hasan, one of the sponsors of the company, has further reported that he has completed his sale of 20,000 shares of the company at prevailing market price through stock exchange as announced earlier.

— DSE/CSE Online