logo

corporate watch

Monday, 8 October 2007


Recommendation of company dividend
Imam Button: The board of directors of Imam Button Limited has recommended 10 per cent cash dividend for its shareholders for the year 2006- 2007. The annual general meeting (AGM) of the company will be held on December 13, 2007 at 10:00 am on the factory premises in Chittagong. The book-closure of the company will be from November 25, 2007 to December 13, 2007.
Purchase/ sale of director's shares
Standard Bank: Mohammad Ayub, one of the sponsors/directors of Standard Bank Limited, has stated that he has completed his sale of 17,000 shares of the bank at current market price through stock exchange as announced earlier.
On the other hand, SAM Hossain, one of the sponsors of Standard Bank Limited, has stated that he has completed his sale of 40,000 (30,000+10,000) shares of the bank at current market price through stock exchange as announced earlier.
Southeast Bank: Rehana Kashem, one of the sponsors of Southeast Bank Limited, has stated that she has completed her sale of 45,000 shares of the bank at current market price through stock exchange as announced earlier.
On the other hand, Mohammad Abu Tayub, one of the sponsors of Southeast Bank Limited, has stated his willingness to sell 50,000 shares out of his total holdings of 349,762 shares of the bank at current market price through stock exchange within next 30 working days.
Mercantile Bank: Md Abdul Jalil, one of the sponsors/directors of Mercantile Bank Limited has stated that he has completed his sale of 10,000 shares of the bank at current market price through stock exchange as announced earlier.
Summit Power: Summit Industrial and Mercantile Corporation (Pvt.) Limited, one of the corporate sponsors of Summit Power Limited, has stated that it has completed its sale of 250,000 shares of the company at current market price through stock exchange as announced earlier.
Jamuna Bank: Md Fazlur Rahman, one of the directors of Jamuna Bank Limited, has stated his willingness to buy 15,000 shares of the bank at current market price through stock exchange within next 30 working days.
Usmania Glass: Md Sadeque, one of the sponsors/directors of Usmania Glass Sheet Factory Limited, has stated his willingness to buy 200 shares in addition to his holdings of 1,018 shares of the company at current market price through stock exchange within next 30 working days.
Response to DSE query
UCBL: In response to a Dhaka Stock Exchange (DSE) query, United Commercial Bank Limited has stated that hearing for pending annual general meetings (AGMs) to the Hon'ble High Court Division has been fixed on October 28, 2007.
Share trading suspended
National Tubes: Trading of the shares of National Tubes Limited will remain suspended today (Monday).
Spot market trading
ICB: The shares of Investment Corporation of Bangladesh (ICB) will be traded in the spot market from October 07 to October 08, 2007. The book closure of the company is on October 16, 2007. — DSE/CSE Online