DSE/CSE News in Brief (25-01-2018)

DSE NEWS
Disbursement of dividend
Alif Industries Limited: Alif Industries Limited has informed that it has credited bonus share for the year ended on June 30, 2017 to the respective shareholders' BO Accounts on January 24, 2018.
Board meeting
Deshbandhu Polymer Limited: As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, Deshbandhu Polymer Limited has informed that a meeting of the board of directors will be held on January 30, 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.
National Feed Mill Limited: As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, National Feed Mill Limited has informed that a meeting of the board of directors will be held on January 30, 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.
Appollo Ispat Complex Limited: As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, Appollo Ispat Complex Limited has informed that a meeting of the board of directors will be held on January 30, 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.
Alif Industries Limited: As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, Alif Industries Limited has informed that a meeting of the board of directors will be held on January 31, 2018 at 5:30 pm to consider, among others, un-audited financial statements of the company for the second quarter (Q2) period ended on December 31, 2017.
Sinobangla Industries Ltd.: As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, Sinobangla Industries Ltd. has informed that a meeting of the board of directors 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.
Alif Manufacturing Company Ltd.: As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, Alif Manufacturing Company Ltd. has informed that a meeting of the board of directors will be held on January 30, 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.

CSE NEWS
Disbursement of cash dividend
SAIF Powertec Limited: SAIF Powertec Limited has informed that the cash dividend for the year ended on June 30, 2017 has been disbursed.
Malek Spinning Mills: Malek Spinning Mills Limited has informed that it has disbursed the cash dividend for the year ended on June 30, 2017 to the respective shareholders' bank account through BEFTN on January 21, 2017. Cash dividend warrants have been dispatched through courier service to the addresses of the shareholders who do not have compatible BEFTN /online bank account.
Suspension/resumption of trading
Tallu Spinning Mills: Trading of the shares of Tallu Spinning Mills Ltd. will remain suspended on its record date today (Thursday) for EGM. Trading of the shares of the company will resume on January 28, 2018.
Mithun Knitting & Dyeing: Trading of the shares of Mithun Knitting & Dyeing (CEPZ) Ltd. will remain suspended on its record date today (Thursday) for EGM. Trading of the shares of the company will resume on January 28, 2018.
Credit rating
Continental Insurance: Alpha Credit Rating Limited (AlphaRating) has informed that the rating of Continental Insurance Ltd. is "AA-" in the long term and "ST-2" in the short term along with a stable outlook based on audited financial information of the company up to December 31, 2016 and relevant qualitative information till January 23, 2018.
Board meeting
Legacy Footwear: Legacy Footwear Limited has informed that a board meeting of the company will be held on January 29, 2018 at 7:00 pm to consider, among others, un-audited financial statements of the company for the second quarter (Q2) period ended on December 31, 2017.
— DSE/CSE Online