DSE NEWS
Disbursement of dividend
Rupali Insurance Company Ltd.: The Company has informed that stock dividend for the year ended on December 31, 2017 has been credited to the respective shareholders' BO accounts on July 11, 2018. The payment of 5% cash dividend and the sale proceeds of the fraction bonus shares will be distributed within the stipulated time.
Board meeting
Delta Brac Housing Finance Corp. Ltd.: The company has informed that a meeting of the Board of Directors will be held on July 18, 2018 at 4:30 pm to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2018.
LR Global Bangladesh Mutual Fund One: The trustee of the fund has informed that a meeting of the Trustee Committee will be held on July 17, 2018 at 2:45 PM to consider, among others, un-audited financial statements of the Fund for the Third Quarter (Q3) period ended on June 30, 2018.
Credit rating
United Finance Limited: Emerging Credit Rating Limited (ECRL) has assigned the Initial credit rating of the Company as "AA-" in the long term and "ST-2" in the short term along with a stable outlook based on audited financial statements of the Company up to December 31, 2017 and other relevant quantitative as well as qualitative information up to the date of rating.
Resumption of trading
Monno Jute Stafflers Ltd.: Trading of the shares of the company will resume today (Sunday) after record date.
CSE NEWS
Disbursement of dividend
Delta Life Insurance Company Ltd.: The company has informed that it has disbursed cash dividend for the year ended on December 31, 2017 to the respective shareholders' bank accounts through BEFTN on 10 July 2018. The shareholders' having shares in paper form (Folio) are requested to collect the dividend warrants from the share department of the company.
Bonus shares
Standard Insurance Limited: The company has informed that the Bonus Shares of the company for the year ended on December 31, 2017 have already been credited through CDBL to the respective shareholders' BO A/Cs on 10 July 2018. The payment of sales proceeds of fractional bonus shares will be made in proportion to their entitlement in due course.
Trustee meeting
The Trustee of Vanguard AML BD Finance Mutual Fund One: The fund has informed that a meeting of the trustee committee will be held on July 16, 2018 at 2:35 pm to consider, among others, un-audited financial statements of the fund for the third quarter (Q3) period ended on June 30, 2018.
Credit rating
BRAC Bank Limited: Emerging Credit Rating Limited (ECRL) has informed that it has assigned Initial credit rating to BRAC Bank Limited as "AA+" in the long term and "ST-1" in the short term with a stable outlook based on audited financial statements of the Company up to December 31, 2017 and other relevant quantitative as well as qualitative information up to the date of rating.
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