News Briefs (2022-03-24)
Thursday, 24 March 2022
Disbursement of dividend
Advent Pharma Limited: The company has credited the bonus shares for the year ended June 30, 2021 to the respective shareholders' BO accounts.
Query responses
Dragon Sweater: In response to a DSE query dated March 22, 2022, Dragon Sweater & Spinning Ltd has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.
Savar Refractories Limited: In response to a DSE query dated March 22, 2022, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.
Credit ratings
IFAD Autos Limited: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating (surveillance) of the company as "AA2" along with stable outlook based on audited financial statements up to June 30, 2021; Bank liability position as on December 31, 2021 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Spot trading
Dutch-Bangla Bank: Trading of the shares of Dutch-Bangla Bank Ltd. will be allowed only in the spot market from today (Thursday) to March 27, 2022 as the record date of the company is on March 28, 2022.
Sale intention
Mercantile Bank Ltd: Engr. Md. Monsuruzzaman, one of the sponsors of the company, expressed his intention to sell 6,53,311 shares out of his holding 28,53,311 shares of the company at prevailing market price (in the public market) through Dhaka Stock Exchange (DSE) within next 30 working days.
— DSE/CSE Online