DSE/CSE News in Brief (19-01-2018)

DSE NEWS
Board meeting
Aziz Pipes: Aziz Pipes Ltd. has informed that a board meeting of the company will be held on January 25, 2018 at 3:00 pm to consider, among others, un-audited financial statements of the company for the second quarter (Q2) period ended on December 31, 2017.
Anlima Yarn Dyeing: Anlima Yarn Dyeing Ltd. has informed that a board meeting of the company will be held on January 24, 2018 at 3:30 pm to consider, among others, un-audited financial statements of the company for the second quarter (Q2) period ended on December 31, 2017.
Olympic Industries: Olympic Industries Ltd. has informed that a board meeting of the company will be held on January 30, 2018 at 3:30 pm to consider, among others, un-audited financial statements of the company for the second quarter (Q2) period ended on December 31, 2017.
BBS Cables: BBS Cables Ltd. has informed that a board meeting of the company will be held on January 23, 2018 at 5:00 pm to consider, among others, un-audited financial statements of the company for the second quarter (Q2) period ended on December 31, 2017.
Credit rating
Sandhani Life Insurance: Credit Rating Agency of Bangladesh Limited (CRAB) has informed that the rating of Sandhani Life Insurance Co. Ltd. as "AA3" in the long term along with a stable outlook based on audited financial statements of the company up to 31 December 2016, actuarial valuation report up to December 31, 2016 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Query response
Sonargaon Textiles: In response to a DSE query dated January 18, 2018, Sonargaon Textiles Ltd. has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike of shares and increase in trading volume.
Category change
Deshbandhu Polymer Limited: Deshbandhu Polymer Limited will be placed in 'A' category from existing 'Z' category with effect from January 21, 2018 as the company has reported disbursement of 10 per cent stock dividend for the year ended on June 30, 2017. The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Deshbandhu Polymer Limited in between 1st to 30th trading day after change of categorization, with effect from January 21, 2018 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
CSE NEWS
Trust Bank appoints MD & CEO
Trust Bank Limited has informed that Mr. Faruq M. Ahmed, Additional Managing Director has been appointed as MD and CEO (In-Charge) of the bank with effect from January 15, 2018.
Board meeting
National Tea Company: National Tea Company Ltd. has informed that a board meeting of the company will be held on January 24, 2018 at 6:30 pm to consider, among others, un-audited financial statements of the company for the second quarter (Q2) period ended on December 31, 2017.
Trustee meeting
LR Global Bangladesh Mutual Fund: The trustee of LR Global Bangladesh Mutual Fund One has informed that a meeting of the trustee committee will be held on January 22, 2018 at 3:15 pm to consider, among others, audited financial statements of the fund for the first quarter (Q1) period ended on December 31, 2017.
MBL 1st Mutual Fund: The trustee of MBL 1st Mutual Fund has informed that a meeting of the trustee committee will be held on January 22, 2018 at 3:05 pm to consider, among others, un-audited financial statements of the fund for the third quarter (Q3) period ended on December 31, 2017.
Disbursement of cash dividend
Aftab Automobiles: Aftab Automobiles Ltd. has informed that the cash dividend warrants for the year ended on June 30, 2017 has been dispatched to the respective shareholders' recorded addresses through courier service and registered post.
— DSE/CSE Online