News Briefs (2022-08-16)

Disbursement
of Dividend
Eastland Insurance Co Ltd: The company disbursed the cash dividend for the year ended on December 31, 2021 to the respective shareholders' bank accounts through BEFTN system on 10 August 2022. The dividend warrants of the shareholders whose bank details were incomplete will be sent by courier services.
Spot trading
Marico: Trading of the shares of Marico Bangladesh Limited will be allowed only in the spot market from August 16, 2022 to August 17, 2022 as the record date of the company is on August 21, 2022 for entitlement of interim dividend.
Credit rating
Gemini Sea Food Ltd: Credit Rating Information and Services Limited (CRISL) has rated the company as "BBB" in the long term and "ST-4" in the short term along with a sable outlook in consideration of its audited financials up to June 30, 2021, unaudited financials up to March 31, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Category change
ONE Bank Limited: The bank will be placed in 'B' category from existing 'A' category with effect from August 16, 2022 as the company has approved 5 per cent stock dividend for the year ended December 31, 2021.
Decision to sell properties
Fareast Islami Life: Refer to their earlier news disseminated by CSE on 10.08.2022 regarding decision to sell properties, Fareast Islami Life Insurance Co. Ltd. has informed that sale amount of three properties of the company is BDT 123,33,00,000.00 only will be used for payments of policyholders claims.
Confirmation of transfer shares
Jamuna Bank: Mr. Md. Tazul Islam, one of the Sponsors of Jamuna Bank Ltd., informed that he has completed his transfer of 1,49,85,000 shares of the company to his son Mr. Md. Saidul Islam (nominated director of the company), by way of gift outside the trading system of the exchange as per declaration dissem-inated on 10.08.2022.
Withdrawal of authorised
representative
HR Securities & Investment Limited: The company has informed that they have withdrawn their authorised representative Md. Al Amin with immediate effect.
— DSE/CSE Online