News Briefs (2022-09-23)

Disbursement
of dividend
Bangladesh General Ins Co. Ltd: The company has disbursed the cash dividend for the year ended on December 31, 2021 to the respective shareholders.
Board meeting
KDS Accessories Limited: A meeting of the board of directors will be held on October 02, 2022 at 4:00 pm to consider, among others, audited financial statements of the company for the year ended June 30, 2022.
Apex Footwear Limited: A meeting of the board of directors will be held on September 29, 2022 at 4:00 pm to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
Query reply
Index Agro Industries: In response to CSE's query dated September 22, 2022 regarding the upward trend of its share price and volume, Index Agro Industries Ltd has informed that there is no decision of the company or incident that might have impact on the price and volume of transaction of shares of the company.
Shahjibazar Power Co. Ltd.: In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.
Spot trading
Master Feed Agrotec: Trading of the shares of Master Feed Agrotec Limited will be allowed only in the spot market from September 25, 2022 to September 26, 2022 as the record date of the company is on September 27, 2022.
Credit rating
Lovello: ARGUS Credit Rating Services Limited (ACRSL) announced the rating of Taufika Foods and Lovello Ice-cream PLC as "A-" for long term and "ST-3" for short term along with a stable outlook based on audited financial statements of the company up to June 30, 2021, un-audited financials up to March 31, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Anlima Yarn: National Credit Ratings Limited (NCR) has assigned the Surveillance entity Rating to Anlima Yarn Dyeing Ltd as "BBB+" in the long term & "ST-3" in the short term along with a Stable outlook based on audited financial statements of the company as on June 30, 2021.
— DSE/CSE Online

Russia's finance ministry expects Gazprom to pay interim dividend
Russian Deputy Finance Minister Alexei Moiseev said on Thursday that he assumes the country's largest gas producer, Gazprom, will pay an interim dividend. Gazprom dividends are a sensitive issue for the market, which was disappointed by the Russian government's, Gazprom's main shareholder, decision in June not to pay dividends on last year's results.— Reuters