DSE/CSE News in Brief (1-10-2018)

DSE NEWS
Bonus share
Sunlife Insurance Company Ltd.: The company has informed that the bonus shares of the company for the year ended December 31, 2017 have already been credited through CDBL to the respective shareholders' BO A/Cs on September 27, 2018.
Board meeting
Generation Next Fashions Limited: The company has informed the board meeting of the company will be held on October 08, 2018 at 4:00 pm to consider, among others, audited financial statements of the company for the year ended on June 30, 2018.
ICB Islamic Bank Limited: As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the company has informed that a meeting of the board of directors will be held on October 04, 2018 at 2:35 pm to consider, among others, un-audited financial statements of the company for the third quarter (Q3) period ended on September 30, 2018.
Spot trading
Northern Jute Manufacturing Co. Ltd.: Trading of the shares of the company will be allowed only in the spot market and block transactions will also be settled as per spot settlement cycle from today (Monday) to October 11, 2018. Trading of the shares of the company will remain suspended on record date, October 14, 2018.
Category change
Sunlife Insurance Company Ltd.: The company will be placed in "B" category from existing "Z" category with effect from October 01, 2018 as the company has disbursed 2.0 per cent stock dividend for the year ended on December 31, 2017. As per SEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015; the stockbrokers and merchant bankers are requested not to provide loan facilities to their clients against trading of the shares of SUNLIFEINS up to 30 trading days from October 01, 2018.
Sale intention
Sunlife Insurance Company Limited: Mr. Md. Mofizur Rahman, one of the sponsors directors of the company, has expressed his intention to sell 1,22,013 shares out of his total holding of 11,22,692 shares of the company at prevailing market price (In the public market) through Stock Exchange (DSE) within October 31, 2018.

CSE NEWS
Suspension of trading
The Peninsula Chittagong Limited: Trading of the shares of the company will remain suspended on its record date, today (Monday). Trading of the shares of the company will resume on October 02, 2018 for EGM & AGM.
IPO shares
Silva Pharmaceuticals Limited: All concerned are hereby informed that the IPO shares of Silva Pharmaceuticals Limited have been credited through CDBL to the respective BO A/Cs on 27 September 2018 except 1 BO account.
Sale confirmation
Social Islami Bank Limited: Mr. Kamaluddin Ahmed, one of the sponsors of the company, has further reported that he has completed his sale of 14,00,000 shares of the company at prevailing market price through Stock Exchange as announced earlier.
Consent from BSEC for raising capital
Social Islami Bank Limited: With reference to their earlier news disseminated by CSE on 05.12.2017 regarding Issuance of SIBL 3rd Mudaraba Subordinated Redeemable Bond of Tk. 5.00 billion, Social Islami Bank Limited has further informed that BSEC has accorded their consent for the same.
Consent from BSEC for issuing
subordinated bond
Dutch-Bangla Bank Ltd.: With reference to their earlier news disseminated by CSE on 28.12.2017 regarding issuance Non-Convertible, 7 years Non-Convertible Subordinated Bond of Tk. 5,000 million, the company has further informed that BSEC has accorded their consent for the same, subject to No Objection Certificate (NOC) from Bangladesh Bank.
One Bank Limited: With reference to their earlier news disseminated by CSE on 27.09.2017 regarding issuance of 7 years Subordinated Debt/Bond (at floating rate) of Tk. 4.00 billion for Tire-II Capital, the company has further informed that BSEC has accorded their consent for the same.
— DSE/CSE Online