News Briefs (2022-09-11)
Sunday, 11 September 2022
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.
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.
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
Beacon Pharmaceuticals: In response to CSE's query dated September 7, 2022 regarding the upward trend of its share price and volume, Beacon Pharma-ceuticals Ltd has informed that there is no undisclosed material decision/information relating to the company's operation/profitability that might have impact on the trade of the shares of the company.
Orion Pharma: In response to CSE's query dated September 7, 2022 regarding the upward trend of its share price and volume, Orion Pharma Ltd there is no undisclosed material or price sensitive information of the company which may cause current unusual upward trend in the price of the company's marketable securities.
— DSE/CSE Online