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Search date: 02-07-2018 Return to current date: Click here

IPO subscription of two cos to begin this month

The public subscription of ML Dyeing Ltd and Silva Pharmaceuticals Ltd will open on July 8 and July 29 respectively, officials said.ML Dyeing will raise Tk 200 million and Silva Pharmaceuticals will raise Tk 300 million from the capital market using the fixed price method.ML Dyeing: The initial public offering...

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Eastland Insurance approves 15pc div

The 31st annual general meeting (AGM) of Eastland Insurance Co. Ltd. has approved 7.5 per cent cash dividend and 7.5 stock dividend for the year 2017 as recommended by the board of directors. Company Chairman Mahbubur Rahman presided over the meeting in the capital recently, according to a statement.The chairman...

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News Briefs--(2-7-2018)

Mercantile Bank, BGDCL sign deal Mercantile Bank Limited (MBL) recently signed an agreement with Bakhrabad Gas Distribution Co. Ltd (BGDCL). The agreement was signed by Adil Raihan, Deputy Managing Director and CSBO of the bank and Afroza Begum, Company Secretary of BGDCL, on behalf of their respective organisations at the...

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Bashundhara Paper Mills share trading debut today

Bashundhara Paper Mills Ltd will make its share trading debut today (Monday) on the Dhaka and Chittagong Stock Exchanges under "N" category.DSE trading code for the company is "BPML" and company code is 19512 while CSE scrip Id is 19011 and scrip code is "BPML", officials said.The company's (un-audited) net...

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Five cos see abnormal price hike sans PSI

The share prices of five listed companies rose 'abnormally' though there was no undisclosed price sensitive information (PSI) in favour of the recent price hike.Following the abnormal price hikes, the Dhaka Stock Exchange (DSE) made queries and in response, the companies in their 'knee-jerk reactions' have informed that there was...

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ICB Islamic Bank holds workshop

A day-long workshop on Islamic banking was organized jointly by ICB Islamic Bank Limited and Central Shariah Board for Islamic Banks of Bangladesh (CSBIB) exclusively for the officers and executives of the bank at the bank's training center in the capital recently.The inauguration ceremony was presided over by Mohammad Abdullah...

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18th annual general meeting of Agrani Insurance Company

Agrani Insurance Company Ltd. Chairman Md. Shahbaz Hossain Khan presiding over the company's 18th annual general meeting in the capital recently that approved 10 per cent dividend (5.0 per cent cash and 5.0 per cent stock) for the year 2017

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