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Recommendation of company's dividend

Tuesday, 12 June 2007


NLICL: The board of directors of National Life Insurance Company Limited (NLICL) has recommended 20 per cent cash and 20 per cent stock dividends for its shareholders for the year 2006. The record date of the company is July 26, 2007. The date, venue and time of the annual general meeting (AGM) of the company will be notified later.

Company won't give dividend

Rahman Chemical: The board of directors of Rahman Chemical Industries Limited did not recommend any dividend for its shareholders for the year 2006. The annual general meeting (AGM) of the company will be held on June 28, 2007 at 11:00 am on its factory premises, Tarabo, Rupganj in Narayangonj. The book-closure of the company will be from June 24 to June 28, 2007.

Purchase/ sale of director's shares

IBBL: Md Eskander Ali Khan, one of the directors of Islami Bank Bangladesh Limited (IBBL), has stated that he has completed his sale of 261 shares of the bank at current market price through stock exchange as announced earlier.
SEBL: Rose Corner (Pvt.) Limited, one of the corporate sponsors of Southeast Bank Limited (SEBL), has stated that it has completed its sale of 50,000 shares of the bank at current market price through stock exchange as announced earlier.
Intech Online: MA Rashid Shah Shamrat, one of the sponsors of Intech Online Limited, has stated that he has completed his sale of 61,625 shares of the company at current market price through stock exchange as announced earlier.
Karnaphuli Ins: Salma Begum, one of the sponsors of Karnaphuli Insurance Company Limited, has stated that she has completed her sale of 31,377 shares of the company at current market price through stock exchange as announced earlier.
AIBL: Taha Yahya, one of the sponsors of Alarafah Islami Bank Limited (AIBL), has stated his willingness to sell his total holdings of 2,910 shares of the bank at current market price through stock exchange within next 30 working days.

SEC issues show-cause notice

Shyampur Sugar: The Securities and Exchange Commission (SEC) has issued a show-cause notice to directors, managing director and company secretary of Shyampur Sugar Mills Limited for non-compliance with securities-related laws in connection with the financial statements for the half-years that ended on December 31, 2005 and 2006.

SEC approves SIBL's rights share

SIBL: As per instructions of Bangladesh Bank, the Securities and Exchange Commission (SEC) has approved the addendum to the rights shares offer document of the bank pertaining to reduction of the amount of rights issue to Tk 534,555,000.00 (534,555 ordinary shares of Tk 1000.00 each at par) from Tk 585,000,000.00 (585,000 ordinary shares of Tk 1000.00 each at par) in course of exclusion of 50,445 shares of Tk 1000.00 each amounting to Tk 50,445,000.00 held by International Islamic Relief Organisation (IIRO).
— DSE Online