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Search date: 06-01-2019 Return to current date: Click here

JMI Syringes net profit growth moderates

JMI Syringes & Medical Devices has witnessed a moderate growth in turnover and net profit, among others, for the year ended on June 30, 2018 compared to the same period of the previous fiscal year. For the fiscal year (FY) 2017-18, the company reported gross turnover of above Tk 1.57...

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Sinobangla moves to raise production capacity

FE ReportSinobangla Industries has taken a initiative to enhance its production capacity by about 150 tonnes per month.Two floors of the factory will also be upgraded to have clean room facilities.The total estimated cost of the expansion would be about Tk. 150 million (15 crore), which will be financed with...

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Subscription of 'AAML Unit Fund' begins today

The subscription of 'AAML Unit Fund' will begin today (Sunday) and close on February 19, according to a release. The Bangladesh Securities and Exchange Commission (BSEC) approved the prospectus of the AAML Unit Fund on October 23, 2018. The initial size of the fund will be Tk 100 million (10...

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Confirmation of share transfer

Anwar Galvanizing Ltd.: Mr. Anwar Hossain, one of the sponsors of the company, has reported that he has completed transfer of his entire holding of 2,750 shares of the company to his sons Mr. Manwar Hossain (917 shares), Mr. Hossain Khaled (917 shares) and Mr. Hossain Mehmood (916 shares); all...

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The Annual General Meeting (AGM) of Aman Cotton Fibrous Ltd. was held recently on the factory

The Annual General Meeting (AGM) of Aman Cotton Fibrous Ltd. was held recently on the factory premises at Boiragirchala of Sreepur with Md. Rafiqul Islam, Managing Director of the company, Md. Shofiqul Islam, its Chairman, and other directors and shareholders present on the occasion

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Walton holds IPO road show on Jan 15

Walton Hi-Tech Industries Limited (WHIL) will hold a road show for eligible institutional investors on January 15 as the company intends to go public, according to a statement.The road show will be held at 6:30 pm at Walton Corporate Office at Bashudhara Residential Area's Plot No. 1088, Block-I, Sabrina Sobhan...

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Sebi asks brokers, depositories using AI tools to make security disclosures

Stock brokers and depository participants using applications based on artificial intelligence (AI) will have to make quarterly disclosures on their compliance with cyber security framework, according to Sebi.The directive comes after the regulator observed that AI/Machine Learning (ML) systems are black boxes and their behaviour cannot be easily quantified."It is...

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Tokyo stocks set to remain unstable in coming week

Tokyo stocks are expected to remain unstable next week, with persistent concerns over a slowdown in the global economy likely to continue to grip the market, observers have said, reports The Japan Times.On Friday, the first trading day of 2019 after the New Year's holidays, the Nikkei tumbled 452.81 points,...

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DSE/CSE News in Brief (6-1-2019)

DSE NEWSQuery responseSavar Refractories Limited: In response to a DSE query dated January 02, 2019, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike of shares.Credit ratingParamount Insurance Company Ltd.: Emerging Credit Rating Limited (ECRL) has informed that it...

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