Finance News: Latest Financial News, Finance News today in Bangladesh

Bashundhara Paper's IPO subscription begins today

Public subscription of Bashundhara Paper Mills begins today (Monday) for raising Tk 2.0 billion from the capital market under the book-building method.The initial public offering (IPO) subscription of the company will remain open till May 09 for resident and non-resident Bangladeshis.Bashundhara Paper Mills received the regulatory approval from Bangladesh Securities...

DSE holds EGM today on strategic partner

Dhaka Stock Exchange (DSE) holds extra-ordinary general meeting (EGM) today (Monday) to take general shareholders' approval on share purchase agreement to be signed with its strategic partner -- a Chinese consortium.The EGM will be held as part of the process of accepting a revised proposal by the consortium for becoming...

Twenty cos recommend dividends last week

The board of directors of at least 20 more listed companies, including six banks, have recommended dividends last week for the year ended on December 31, 2017.Of them, nine companies recommended lower dividends than that of the previous year, one higher and ten others similar to previous year, according to...

Prime Finance gets new MD

Md. Ahsan Kabir Khan has been appointed as the Managing Director of Prime Finance & Investment Limited, according to a press release. Prior to appointment as Managing Director, he was the Additional Managing Director of the company and was responsible for major areas of operations.Mr Khan, an emerging leader in...

Southeast Bank offers 15pc stock div

The board of directors of Southeast Bank Limited has recommended 15 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Sunday.In 2016, the company disbursed 20 per cent cash dividend. The final approval of the dividend for the last year will come...

News Briefs--(30-04-2018)

AB Bank reschedules board meetingA meeting of the board of directors, as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held today (Monday) instead of April 26, 2018 to consider, among others, un-audited financial statements of AB Bank Limited for the first quarter (Q1) ended...

Khondoker Nayeemul Kabir of NCC Bank seen at a workshop as the chief guest

Khondoker Nayeemul Kabir, Deputy Managing Director of NCC Bank, seen at a workshop as the chief guest while Md. Mahabbat Ullah, GM of Administration Division, and Abdullah-Hel-Kafi, AGM of Accounts Division of Ansar-VDP Unnayan Bank, were present on the occasion as special guests

Dr. Mufti Muhammad Abdullah, Chairman, Trust Bank Shariah Supervisory Committee, presiding over the 35th meeting

Dr. Mufti Muhammad Abdullah, Chairman, Trust Bank Shariah Supervisory Committee, presiding over the 35th meeting of the committee of Trust Bank Limited at the head office of the bank recently while Managing Director & CEO of the bank Faruq Mainuddin was present