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DSE/CSE News in Brief (01-07-2020)

July 01, 2020 00:00:00


Suspension of trading

Shahjalal Islami Bank Ltd: Trading of the shares of Shahjalal Islami Bank Ltd will remain suspended on its record date, July 02, 2020 for EGM and AGM. Trading of the shares of the company will resume on July 05, 2020.

Islamic Finance and Investment Limited: Trading of the shares of Islamic Finance and Investment Limited will remain suspended on its record date, July 02, 2020. Trading of the shares of the company will resume on July 05, 2020.

Land purchase

Genex Infosys Limited: The board of directors of the company approved a proposal to purchase a land (Commercial Plot) measuring 33.00 decimals or 20 Katha or 1 bigha at a cost of Tk. 12,92,50,000/- under as per the following schedule. Mouza: Dumuni Shitho, Thana: Khilkhet, Union: Dumuni, District: Dhaka, Land Area: totaling 33.00 decimals. After required development the space of the land will be utilized to build "Genex Tech Park" - a Technology Hub for innovation along with Genex Head Quarters / Corporate Office, Operations Centers, and all required facilities for smooth business operations in own premises. After the development of the said land, rental expenses of Tk. 7.0 million (Approximate) per month incurred will be saved, leading to increased profitability for the Company.

— DSE/CSE Online


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