News Briefs (2022-08-18)

Islamic Banking
Diploma exam
results published
Islami Bank Training and Research Academy (IBTRA) published the results of 'Diploma in Islamic Banking' (DIB) examinations for May 2022 session. Mohammed Monirul Moula, Managing Director & CEO of Islami Bank Bangladesh Limited, formally announced the results on Wednesday at the Islami Bank Tower. Md. Mostafizur Rahman Siddiquee, Chief Human Resources Officer of the bank, S M Rabiul Hassan, Principal of IBTRA, KM Munirul Alam Al-Mamoon, Senior Executive Vice President, Mohd. Anwar Hossain and Nazrul Islam, Senior Vice Presidents, were present on the occasion. A total of 5,641 candidates from 35 banks and financial institutions sat for the exams.
— Statement
Disbursement
of dividend
MIDAS Financing Ltd: The cash dividend for the year ended on December 31, 2021 have already been credited to the respective bank accounts of the shareholders.
Provati Insurance Co. Limited: The company has disbursed the cash dividend for the year ended on December 31, 2021 to the respective shareholders' bank accounts through BEFTN system on August 14, 2022.
Suspension of trading
Marico: Trading of the shares of Marico Bangl-adesh Limited will remain suspended on its record date, August 21, 2022 for entitlement of interim dividend. Trading of the shares of the company will resume on 22.08.2022.
— DSE/CSE Online

Share transmission
Advanced Chemical Industries: Referring to the BSEC letter No. SEC/SRMIC/94-36/287 dated June 30, 2022, Advanced Chemical Industries Ltd has informed that Mrs. Najma Dowla, one of the directors of the company passed away on 28.07.2021. Her total holding 20,06,645 shares will be transmitted among his successors according to the Succession Certificate issued by the Court.

ACI Formulations: Referring to the BSEC letter No. SEC/SRMIC/94-36/287 dated June 30, 2022, ACI Formulations Limited has informed that Mrs. Najma Dowla, one of the Directors of the company passed away on 28.07.2021. Her total holding 4,725 shares will be transmitted among his successors according to the Succession Certificate issued by the Court.
Sale confirmation
City Bank: Mrs. Hosne Ara Aziz, one of the Sponsors of The City Bank Limited, reported that she has completed her sale of 10,00,000 shares of the company at prevailing market price through stock exchange as per declaration disseminated on 04.08.2022.
Sale & buy intention
Bangladesh National Insurance: Mr. Abdul Baten, Director; Mr. Abdur Rouf, sponsor director and Ms. Farida Akter, director of Bangladesh National Insurance Company Ltd, have reported their intention to sell 2,55,833 shares, 2,70,000 shares and 1,90,000 shares out of their holdings 11,40,833 shares, 11,55,000 shares and 10,75,000 shares respectively of the company, whereas Ms. Tasnim Binthe Mostafa, another director of the company has expressed her intention to buy 7,15,833 shares at prevailing market price (in the block market) through Dhaka Stock Exchange within next 30 working days.
Sale intention
City Bank: Mr. Rajibul Huq Chowdhury, one of the Directors of The City Bank Limited, reported his intention to sell 12,00,000 shares out of his holding 2,55,41,506 shares of the company at prevailing market price (in the public market) through Dhaka Stock Exchange within next 30 working days.
Withdrawal of authorised representatives
Kishwar Security Investment Limited: The company (TREC NO. CSE 121047) has informed that they have withdrawn their authorised representatives Mohammad Abdul Aziz and Md. Sahadat Chowdhury with immediate effect.
Crest Securities Ltd: The company (DSE TREC No. 008) has withdrawn one of its authorised representatives, Mr. Md. Mobarok Karim with immediate effect.

Banco Securities Limited: The company (DSE TREC No. 63) has withdrawn one of its authorised representatives, Mr. Md. Ariful Islam with immediate effect.

Spot trading
First Finance: Trading of the shares of First Finance Limited will be allowed only in the spot market from August 21, 2022 to 23.08.2022 as the record date of the company is on August 24, 2022.