DSE/ CSE News in Brief (02-11-2020)

Disbursement of dividend
Dhaka Insurance Limited: The company disbursed the cash dividend for the year ended on December 31, 2019 to the respective shareholders.
Takaful Islami Insurance Limited: The cash dividend for the year ended on December 31, 2019 has been disbursed to the respective shareholders' bank accounts through BEFTN system.
Board meetings
ACI Formulations Limited: A board meeting of the company will be held on November 09, 2020 at 2:45 PM to consider, among others, un-audited financial statements of the company for the first quarter period ended on September 30, 2020.
Advanced Chemical Industries Ltd: A board meeting of the company will be held on November 09, 2020 at 4:00 PM to consider, among others, un-audited financial statements of the company for the first quarter period ended on September 30, 2020.
Advanced Chemical Industries Ltd has informed that another board meeting of the company will be held on November 09, 2020 at 4:00 PM to consider, among others, audited financial statements of the company for the year ended on June 30, 2020.
Power Grid Company of Bangladesh Ltd: A board meeting of the company will be held on November 07, 2020 at 6:00 PM to consider, among others, un-audited financial statements of the company for the first quarter period ended on September 30, 2020.
Orion Pharma Ltd: A board meeting of the company will be held on November 08, 2020 at 5:00 PM to consider, among others, audited financial statements of the company for the year ended on June 30, 2020.
Orion Infusion Ltd: A board meeting of the company will be held on November 08, 2020 at 4:00 PM to consider, among others, audited financial statements of the company for the year ended on June 30, 2020.
Kohinoor Chemical Company (BD) Ltd: A board meeting of the company will be held on November 07, 2020 at 4:00 PM to consider, among others, audited financial statements of the company for the year ended on June 30, 2020.
M.I. Cement Factory Ltd: A board meeting of the company will be held on November 08, 2020 at 3:00 PM to consider, among others, audited financial statements of the company for the year ended on June 30, 2020.
Reschedule of board meeting
Power Grid Company of Bangladesh Ltd: Due to unavoidable circumstances, the board meeting of the company will now be held on November 07, 2020 at 6:00 PM instead of November 04, 2020 at 6:00 PM to consider, among others, audited financial statements of the company for the year ended on June 30, 2020.
Express Insurance Limited: Due to unavoidable circumstances, a board meeting of the company will be held on November 01, 2020 at 3:00 PM instead of October 29, 2020 at 3:00 PM to consider, among others, un-audited financial statements of the company for the third quarter period ended on September 30, 2020.
Suspension of trading
Quasem Industries Limited: Trading of the shares of Quasem Industries Limited will remain suspended on its record date, today (Monday). Trading of the shares of the company will resume on November 03, 2020.
— DSE/CSE Online

Spot trading
KDS Accessories Ltd: Trading of the shares of KDS Accessories Ltd will be allowed only in the spot market from today (Monday) to November 03, 2020 as the record date of the company is on November 04, 2020.
Credit rating
Wata Chemicals Ltd: Emerging Credit Rating Limited (ECRL) assigned the surveillance credit to Wata Chemicals Ltd as "BBB+" in the long term and "ST-3" in the short term along with a stable outlook based on audited financial statements up to June 30, 2019 and other relevant quantitative as well as qualitative information up to the date of rating.
Active Fine Chemicals Ltd: National Credit Ratings Limited (NCR) announced the surveillance entity rating of Active Fine Chemicals Ltd as "A" 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, 2019.
AFC Agro Biotech Ltd: National Credit Ratings Limited (NCR) announced the surveillance entity rating of AFC Agro Biotech Ltd as "A" 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, 2019.
Beximco Pharmaceuticals Ltd: Credit Rating Information and Services Limited (CRISL) rated Beximco Pharmaceuticals Ltd as "AAA" in the long term and "ST-1" in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2019, unaudited financials up to March 31, 2020 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Sale confirmation
Central Insurance Company Ltd: Mr. Zoynal Abedin Chowdhury, one of the directors of Central Insurance Company Ltd, reported that he has completed his sale of 1,00,000 shares of the company at prevailing market price through stock exchange as per declaration disseminated on 27.10.2020.
Buy confirmation
NCC Bank: Mr. Abdus Salam, one of the sponsor directors of NCC Bank Ltd, reported that he has completed his buy of 2,00,000 shares of the company at prevailing market price through DSE as per declaration disseminated on 27.10.2020.
Prime Bank: Mrs. Marina Yasmin Chowdhury, one of the sponsor directors of Prime Bank Limited, reported that she has completed her buy of 7,50,000 shares of the company at prevailing market price through stock exchange as per declaration disseminated on 20.10.2020.
Transfer confirmation
Rupali Insurance Company Ltd: Mr. Shaon Ahmed, one of the directors of Rupali Insurance Company Ltd, reported that he has completed his transfer of 10,36,800 shares of the company to his sister Ms. Nazia Ahmed Shova, by way of gift outside the trading system of the exchange as per declaration disseminated on 28.10.2020.