DSE/CSE News in Brief (10-12-2018)

DSE NEWS

Recommendation of dividend

Prime Islami Life Insurance Ltd.: The board of directors has recommended 15 per cent cash dividend for the year ended on December 31, 2017. The AGM of the company will be held on December 27, 2018 at 11:00 am at Police Convention Hall (1st floor), Eskaton Garden, Ramna, Dhaka. The record date is December 18, 2018.

Venue of AGM

Shepherd Industries Limited: The 17th AGM of the company will be held at DOHS Baridhara Convention Centre, Baridhara DOHS Parishad, DOHS Baridhara Dhaka Cantonment, Dhaka-1206 at 10:30 am on December 19, 2018.

Fu-Wang Foods Limited: The 22nd AGM of the company will be held at Golden Tulip, Hall De Grand, Road-7, House-84, Block-H, Bannani, Dhaka at 11:00 am on December 23, 2018. Other information of the AGM will remain unchanged as announced earlier.

CSE NEWS

Credit rating

Bashundhara Paper Mills Limited: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of Bashundhara Paper Mills Limited as "AA3" along with a stable outlook based on audited financial statements up to June 30, 2018, bank liability position as on September 30, 2018 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

Bangladesh Finance and Investment Company Ltd.: Emerging Credit Rating Limited (ECRL) has announced the rating of Bangladesh Finance and Investment Company Limited as "A+" in the long term and "ST-2" in the short term along with a stable outlook of the company based on audited financials up to December 31, 2017 and other relevant qualitative along with quantitative information available up to the date of rating.

— DSE/CSE Online