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Search date: 26-06-2018 Return to current date: Click here

Fund raising by cos through rights shares drops 62pc

Funds raised by listed companies through issuance of rights fell sharply by 62 per cent in the outgoing Fiscal Year (FY) 2017-18 compared to the previous FY.Three listed firms netted about Tk 3.93 billion, including premium of Tk 622 million, by issuing more than 330 million rights in the outgoing...

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DSE becomes partner of SSE

Dhaka Stock Exchange (DSE) has become the partner of Sustainable Stock Exchanges Initiative (SSE), a platform organised by United Nations (UN), to promote sustainable investment in the country's stock market.After signing a commitment letter on June 7 last, the country's premier bourse DSE became the exchange partner of the SSE.The...

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Stocks break four-day rally on profit booking

Stocks broke a four-day rally on Monday as investors opted for profit-motivated sell-offs.Brokers said the market closed lower as risk-averse investors sold shares almost all sectors to pocket some profits.DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), went down by 88 points or 1.59 per cent to settle...

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ICSB team calls on finance division secy

A delegation of the Institute of Chartered Secretaries of Bangladesh (ICSB) led by its President, Mohammad Sanaullah FCS called on Mohammad Muslim Chowdhury, Secretary, Finance Division, Ministry of Finance at his office on Sunday.The ICSB president, briefed the Secretary on recent activities of ICSB and plan for its future development....

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Standard Bank holds 295th board meeting

The 295th meeting of the board of directors of Standard Bank Limited was held at its head office in the city on Monday, according to a statement. Chairman of the board of directors Kazi Akram Uddin Ahmed presided over the meeting. The meeting was attended by directors Kamal Mostafa Chowdhury,...

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Asia Pacific Ins re-elects chair, vice-chair

Aftabul Islam                   Kashmiri Kamal  The Board of Directors of the Asia Pacific General Insurance Company Limited in its meeting held on Sunday unanimously re-elected Mr. Aftabul Islam, FCA as Chairman and Mrs. Kashmiri Kamal as Vice-Chairman of the company for the next term, said a statement.

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News Briefs--(26-6-2018)

Shirajul Islam Mollah Prime Bank elects new EC chairmanThe Board of Directors of Prime Bank Limited in a recent meeting unanimously elected Mr. Md. Shirajul Islam Mollah, M.P as the Chairman of the Executive Committee of the Board. Mr. Md. Shirajul Islam Mollah is a Sponsor Director of the Bank....

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Northern General Ins re-elects chair, vice chair

Abdul Matin          Mohammad Azam Engineer Abdul Matin and Mohammad Azam have been re-elected as the chairman and vice chairman of Northern General Insurance Company Limited at a meeting of the board of directors recently, according to a statement.Abdul Matin is one of the sponsor directors of Northern General Insurance. He...

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35th Annual General Meeting of Islami Bank Bangladesh Limited

The 35th Annual General Meeting of Islami Bank Bangladesh Limited in progress on Monday at Kurmitola Golf Club, Dhaka. Chairman of the Bank Professor Md. Nazmul Hassan, Ph.D presided over the meeting. Sheikh Moulana Mohammad Qutubuddin, Chairman of Shariah Supervisory Committee, Yousif Abdullah Al-Rajhi of KSA, Vice Chairmen of the...

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Mayor of Chittagong City Corporation A J M Nasir Uddin inaugurating

Mayor of Chittagong City Corporation A J M Nasir Uddin inaugurating the Anderkilla Branch of Social Islami Bank Limited (SIBL) recently. Chairman of Social Islami Bank Limited Professor Md. Anwarul Azim Arif and Director of the bank Jebunnesa Akbar were present as Special Guests. Managing Director and CEO Quazi Osman...

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Chairman of AB Bank Limited M. A. Awal presiding over the 36th annual general meeting

Chairman of AB Bank Limited M. A. Awal presiding over the 36th annual general meeting of the bank at International Convention City Bashundhara on Sunday while President & Managing Director Moshiur Rahman Chowdhury was present. The AGM approved no dividend for the year 2017

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