News Briefs (2022-09-09)

Disbursement
of dividend
Trust Bank Limited: The company has disbursed cash dividend for the year ended on December 31, 2021 along with sale proceeds of fractional stock dividend to the respective shareholders' bank accounts through BEFTN/ online on August 21, 2022.
Pragati Life Insurance Ltd: The company informed that it has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.
Marico Bangladesh Limited: The company informed that it has disbursed the cash dividend for the year ended March 31, 2022 to the respective shareholders.
Board meetings
Summit Power Limited: A board meeting of the company will be held on September 14, 2022 at 4:00 PM to consider, among others, audited financial statements of the company for the year ended June 30, 2022.
Eastern Housing Limited: A board meeting of the company will be held on September 15, 2022 at 3:30 PM to consider, among others, audited financial statements of the company for the year ended on June 30, 2022.
Suspension
of trading
Trading of the units of CAPM IBBL Islamic Mutual Fund and CAPM BDBL Mutual Fund 01 will remain suspended on its record date, September 11, 2022. Trading of the units of the funds will resume on September 12, 2022.
MIDAS Financing: Trading of the shares of MIDAS Financing Ltd will remain suspended on its record date, September 11, 2022 for entitlement of 1 per cent stock dividend. Trading of the shares of the company will resume on 12.09.2022.
Fareast Finance: Trading of the shares of Fareast Finance & Investment Limited will remain suspended on its record date, September 11, 2022. Trading of the shares of the company will resume on September 12, 2022.
Credit rating
Pragati Insurance: National Credit Ratings Limited (NCR) has announced the surveillance entity rating of Pragati Insurance Ltd as "AAA" in the long term and "ST-1" in the short term along with a stable outlook based on audited financial statements as on December 31, 2021.
Response
to query
Emerald Oil: In response to a DSE query dated September 05, 2022, regarding clarification on recent news published in an online newspaper titled "After resolving the crisis of Gas Supply, Spondon will be back in full production", Emerald Oil Industries Ltd. has informed that the quoted information in the said online newspaper referring the completion of maintenance and trial production was true. In this respect, they authenticated the said news of the commercial production of the company started on 09 January 2022.
— DSE/CSE Online