First Lease Finance recommends stock dividend

The board of directors of First Lease Finance and Investment Ltd has recommended at 25 per cent stock dividend (1 bonus share for every 4 shares held) for the year 2010. The date of AGM is April 21 at 11:00am at Trust Milonayaton, Dhaka Cantonment, 545, Old Airport Road, Tejgaon, Dhaka-1206. The record date is March 29. The company has also reported EPS of Tk 34.45, NAV per share of Tk 197 and net operating cash flow per share (NOCFPS) of Tk 34.00 for the year that ended on December 31'10. ACI bonds credited ACI Limited, sponsor of the bond, has informed that in line with the conditions of ACI 20 per cent Convertible Zero Coupon Bonds, the shares of ACI Limited originated from the exercise of convertibility option by the bond holders have already been credited to the respective bond holders' BO accounts on March 20. Suspension of trading Trading of the shares of Eastland Insurance will remain suspended on the record date today (Monday 21) for AGM and EGM. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from SEC. Resumption of trading Normal trading of the shares of Bd Welding Electrodes will resume today (Monday 21) after the record date. Premier Bank: Normal trading of the shares of the Premier Bank Ltd will resume today (Monday 21) after the record date. Spot market trading Trading of the shares of Uttara Bank will be allowed only in the spot market and block/odd lot transactions will also be settled as per spot settlement cycle with cum benefit from today (March 21) to March 23. Trading of the shares of the Bank will remain suspended on the record date March 24. SIBL: Trading of the shares of Social Islami Bank Limited will be allowed only in the spot market and block/odd lot transactions will also be settled as per spot settlement cycle with the entitlement of rights shares from today (Monday 21) to March 23. Trading of the shares of the bank will remain suspended on record date March 24. NCC Bank: Trading of the shares of NCC Bank Ltd will be allowed only in the spot market and block/odd lot transactions will also be settled as per spot settlement cycle with cum benefit from today March 21to March 23. Trading of the shares of the Bbank will remain suspended on the record date March 24. Sonargaon Textiles: Trading of the shares of Sonargaon Textiles will be allowed only in the spot market and block/odd lot transactions will also be settled as per spot settlement cycle with the entitlement of rights shares from today (March 21) to March 23. Trading of the shares of the company will remain suspended on the record date March 24.