News Briefs (2022-08-19)

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.
Transmission
of shares
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 of 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 of 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.
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 Invest-ment 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 CSE 121047) has informed that they have withdrawn their authorised representatives Mohammad Abdul Aziz and Md.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.
— DSE/CSE Onilne