News Briefs (2022-07-20)

Disbursement of dividend
Phoenix Insurance Company Ltd: The company disbursed the cash dividend for the year ended on December 31, 2021 to the respective shareholders' bank account through BEFTN on July 17, 2022. The company has also informed that whose cash dividends will not be transferred, their cash dividends will be sent later on by warrant. The cash dividend of the folio shareholders are sending through courier service by warrant.
Pragati Insurance Ltd: The company disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.
Board meetings
Dhaka Bank Limited: A board meeting of the company will be held on July 26, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the company for the second quarter period ended June 30, 2022.
Sena Kalyan Insurance Company Ltd: A board meeting of the company will be held on July 25, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the company for the second quarter period ended June 30, 2022.
Asia Insurance Limited: A board meeting of the company will be held on July 28, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the company for the second quarter period ended June 30, 2022.
Pioneer Insurance Company Limited: A board meeting of the company will be held on July 25, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the company for the second quarter period ended June 30, 2022.
Credit rating
Al-Arafah Islami Bank: Credit Rating Information and Services Limited (CRISL) has assigned the rating to Al-Arafah Islami Bank Limited as "AA" in the long term and "ST-2" in the short term along with a Stable outlook based on audited financial statements of the company up to December 31, 2021 also unaudited financial statements up to March 31, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Query reply
BD Paints: In response to CSE's query dated July 12, 2022 regarding the upward trend of its share price & volume, BD Paints Limited has informed that they do not have any undisclosed material decision/information relating to our company's operation/profitability that might have impact on the prices of the shares of the company. Besides they do not have any undisclosed price sensitive information.
— DSE/CSE Online