DSE/CSE News in Brief (10-11-2017)

DSE News

Recommendation of dividend

Kohinoor Chemical Co. (Bangladesh) Ltd: Kohinoor Chemical Co. (Bangladesh) Ltd. has recommended 15 per cent cash & 15 per cent stock dividend for the year ended June 30, 2017. AGM will be held on 14 December 2017 at 10:00am at Officer's Club, 26 Baily Road, Ramna, Dhaka. Record date is on 23 November 2017.

Gloden Harvest Agro Industries Ltd: Gloden Harvest Agro Industries Ltd. has recommended 10 per cent stock dividend for the year ended on June 30, 2017. AGM will be held on 21 December 2017 at 11:30am at Factory Premises, Monipur, Bhobanipur, Gazipur Sadar, Gazipur. Record Date is on 23 November 2017.

Board meeting

Far East Knitting & Dyeing Industries Ltd: Far East Knitting & Dyeing Industries Ltd. has informed that the board meeting of the company will be held on November 13, 2017 at 3:30pm to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.

CSE News

Dividend disbursement

Meghna Life Insurance Co. Ltd: Meghna Life Insurance Co. Ltd. has informed that it has disbursed cash dividend for the year ended on December 31, 2016 to the respective shareholders' bank account through BEFTN system.

Credit rating

Premier Leasing & Finance Limited: ARGUS Credit Rating Services Ltd (ACRSL) has announced the Rating of Premier Leasing & Finance Limited as ''A+'' for long term and ''ST-2'' for short term in consideration of financials of the Company up to 31 December 2016 (audited), 1HFY17 (unaudited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.

MIDAS Financing Ltd: National Credit Ratings Limited (NCR) has announced the rating of MIDAS Financing Ltd as "A-" in the long term and "ST-3" in the short term along with a stable outlook based on audited financial statements as on December 31, 2016.

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