News Briefs (2022-08-03)

Disbursement of dividend
Bangladesh National Insurance Company Ltd: The company has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.
Islamic Finance & Investment Ltd: The company informed that it has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.
Board meeting
Walton Hi-Tech Industries PLC: A board meeting of the company will be held on August 08, 2022 at 3:00 PM to consider, among others, audited financial statements of the company for the year ended June 30, 2022.
Trustee meetings
GRAMEENS2: The tru-stee of Grameen Mutual Fund One: Scheme Two has informed that a meeting of the trustee committee of the fund will be held on August 14, 2022 at 3:00 PM to consider, among others, audited financial statements of the fund for the year ended June 30, 2022.
SEML FBLSL Growth Fund: A meeting of the trustee of the fund will be held on August 10, 2022 at 3:00 PM to consider, among others, audited financial statements of the fund for the year ended June 30, 2022.
SEML Lecture Equity Management Fund: A meeting of the trustee of the fund will be held on August 10, 2022 at 2:50 PM to consider, among others, audited financial statements of the fund for the year ended June 30, 2022.
Credit rating
Sonali Life Insurance: National Credit Ratings Limited (NCR) has assigned the rating to Sonali Life Insurance Company Limited as "AA" in the long term & "ST-2" in the short term along with a stable outlook based on audited financial statements of the company as on December 31, 2021.
— DSE/CSE Online

LIC Housing Finance accepts bids on bond issue
MUMBAI, Aug 2: India's LIC Housing Finance has accepted bids worth 20 billion rupees ($254.30 million) on its bonds maturing in one year, three-month and 13 days, three merchant bankers said on Tuesday. The non-banking finance company will pay an annual coupon of 6.8975 per cent, and had invited bids from bankers and investors earlier in the day, they said. The bonds of the company are rated AAA by CRISIL and the issue will close for subscription on Wednesday.— Reuters