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Change of AGM, EGM date of AB Bank

Monday, 18 June 2007


AB Bank: Arab Bangladesh (AB) Bank Limited has stated that due to some unavoidable circumstances, the bank has decided to re-fix the date of holding annual general meeting (AGM) and extra-ordinary general meeting (EGM) of the bank on September 04, 2007 instead of September 06, 2007. Time and venue of the AGM and EGM of the bank will remain unchanged.

Purchase/ sale of sponsor's shares

NCC Bank: Qazi Monirul Alam, one of the sponsors of National Credit and Commerce (NCC) Bank Limited has stated his willingness to sell 3,000 shares out of his holdings of 52,549 shares of the bank, while Khondkar Zakaria Mahmud, another sponsor of the bank, has stated his intention to buy 3,000 shares in addition to his holdings of 90,961 shares of the bank at current market price through stock exchange within next 30 working days.

Social Investment Bank: Ghalib Mannan, Reshmi

Mannan Siddique and Nargis Mannan, both are sponsors of Social Investment Bank Limited, have separately stated their intention to sell 2,500; 2,500 and 3,500 shares respectively out of their holdings of 6,750; 6,750 and 9,000 shares respectively of the bank at current market price through stock exchange within next 30 working days.
Social Investment Bank: Mohammad Ibrahim Miyan, one of the sponsors of Social Investment Bank Limited, has stated that he has completed his sale of 400 shares of the bank at current market price through stock exchange as announced earlier.
Southeast Bank: Humayun Kabir, one of the sponsors of Southeast Bank Limited, has stated his willingness to sell 26,216 shares out of his total holdings of 27,216 shares of the bank at current market price through stock exchange within next 30 working days.

Company's net profit/ loss

BD Hotels: Bangladesh Hotels Limited earned a post-tax net profit of Tk 3.00 million for the year that ended on December 31, 2006. The earning per share (EPS) of the company stood at Tk 6.67.
Bengal Biscuits: Bengal Biscuits Limited incurred a net loss of Tk 12.48 million for the year that ended on June 30, 2006. The earning per share (EPS) of the company stood at Tk 17.34.

BGIC gets SEC's consent as MF sponsor

BGIC: Bangladesh General Insurance Company (BGIC) Limited has stated that the Securities and Exchange Commission (SEC) has consented for the company sponsoring a Mutual Fund (MF) titled "BGIC Mutual Fund" under the management of AIMS of Bangladesh Limited. BGIC will contribute the initial seed capital of the Mutual Fund, which will be publicly floated soon on appointment of the other constituents and completion of all legal and statutory formalities.

Response to DSE query

Prime Finance: In response to a Dhaka Stock Exchange (DSE) query, Prime Finance Investment Limited has stated that there is no undisclosed price sensitive information of the company for recent unusual price hike.
— DSE/CSE Online