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DSE/CSE News in Brief (05-07-2020)
Sunday, 5 July 2020
Board meetings
Rahima Food Corporation Ltd: A board meeting of the company will be held on July 06, 2020 at 4:30 PM to consider, among others, un-audited financial statements of the company for the third quarter period ended on March 31, 2020. However, the scrip is suspended in CSE.
MJL Bangladesh Ltd: A board meeting of the company will be held on July 06, 2020 at 3:00 PM to consider, among others, un-audited financial statements of the company for the third quarter period ended on March 31, 2020.
Bata Shoe Company (Bangladesh) Limited: A board meeting of the company will be held on July 08, 2020 at 2:00 PM to consider, among others, un-audited financial statements of the company for the first quarter period ended on March 31, 2020.
Another board meeting of the company will be held on July 08, 2020 at 2:00 PM to consider, among others, audited financial statements of the company for the year ended on December 31, 2019.
Reschedule of board meeting
Queen South Textile Mills Ltd: A board meeting of the company will now be held on July 05, 2020 at 4:00 PM to consider, among others, un-audited financial statements of the company for the third quarter period ended on March 31, 2020.
Bangladesh General Insurance Company Ltd: The 35th AGM will now be held on July 15, 2020 at 11:30 AM. The AGM will be held virtually by using digital platform.
Credit rating
Standard Bank Ltd: ARGUS Credit Rating Services Limited (ACRSL) has announced the rating of Standard Bank Ltd as "AA+" for long term and "ST-2" for short term in consideration of financials of the company up to December 31, 2019 (audited), Q3FY20 (unaudited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Olympic Industries Ltd: National Credit Ratings Limited (NCR) has announced the surveillance rating of Olympic Industries Ltd as "AA+" in the long term and "ST-1" in the short term along with a stable outlook based on audited financial statements as on June 30, 2019.
The City Bank Ltd: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the rating of the company as "AA2" in the long term and "ST-2" in the short term along with a stable outlook based on audited financial statements of the company up to December 31, 2019 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
— DSE/CSE Online