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DSE/CSE News in Brief (11-2-2019)

February 11, 2019 00:00:00


DSE NEWS

Recommendation

of dividend

Prime Insurance Company Ltd.: The board of directors has recommended 10 per cent cash dividend for the year ended on December 31, 2018. The AGM of the company will be held on March 31, 2019 at 11:00 am at Hotel Purbani Ltd., Dilkusha, Dhaka. The record date is March 07, 2019. The company has also reported EPS of Tk. 1.12, NAV per share of Tk. 16.88 and NOCFPS of Tk. (0.08) for the year ended on December 31, 2018 as against Tk. 2.17, Tk. 17.26 and Tk. 0.51 respectively for the same period of the previous year.

Delta Brac Housing Finance Corp. Ltd.: The board of directors has recommended 25 per cent cash and 10 per cent stock dividend for the year ended on December 31, 2018. The AGM of the company will be held on March 31, 2019, at 10:30 am at 'Delta Life Conference Hall' Delta Life Tower (13th Floor), Plot-37, Road-90, Gulshan Circle-2, Dhaka. The record date is March 04, 2019. The company has also reported EPS of Tk. 8.60, NAV per share of Tk. 41.36 and NOCFPS of Tk. 10.90 for the year ended on 31.12.2018 as against Tk. 7.79, Tk. 35.76 and Tk. 16.56 respectively for the same period of the previous year.

Disbursement of dividend

Sonali Aansh Industries Limited: The company has informed that it has disbursed the cash dividend for the year ended on June 30, 2018 to the respective shareholders.

Meghna Petroleum Limited: The company has informed that it has disbursed the cash dividend for the year ended on June 30, 2018 to the respective shareholders' Bank Accounts through BEFTN system.

Credit rating

Zeal Bangla Sugar Mills Ltd.: Alpha Credit Rating Limited (AlphaRating) has rated the Company as "AAA" in the long term and "ST-1" in the short term along with a stable outlook as a Government Supported Entity. However, as an Entity without Government Support, long term rating was BB and Short Term rating was ST-4 with a stable outlook. The rating is based on audited financial statements up to June 30, 2017 and relevant qualitative information up to February 09, 2019.

Deceased share receipt by sponsor director

Samorita Hospital Ltd.: Mrs. Farida Bano, one of the sponsor directors of the company will receive 2,022 shares of the company from her deceased mother Mrs. Razia Ahmed by way of succession certificate issued by the Court.

Sale confirmation

Bangas Ltd.: Mr. Md. Rafiqul Haque, Mr. Md. Atiqul Haque and Mr. Md. Mahbub-Ul Haque all are sponsor directors of the company have further reported that they have completed their sale of 50,000 shares each of the company at prevailing market price through stock exchange (DSE) as per declaration disseminated on 29.01.2019.

Confirmation of share transfer

Kohinoor Chemicals Company (Bangladesh) Ltd.: Mr. Mohammad Obaidul Karim, one of the directors of the company has further reported that he has completed his transfer of 4,00,000 shares of the company to his spouse Mrs. Arzuda Karim, another director of the company, by way of gift outside the trading system of the exchange, as per declaration disseminated on 31.01.2019.

CSE NEWS

Disbursement of dividend

Dhaka Electric Supply Company Ltd.: The company has disbursed the cash dividend for the year ended on June 30, 2018 to the respective shareholders' Bank Accounts through BEFTN system.

Board meeting

IDLC Finance Ltd.: A board meeting of the company will be held February 17, 2019 at 4:00 pm to consider, among others, audited financial statements of the company for the year ended on December 31, 2018.

Credit rating

JMI Syringes & Medical Devices Ltd.: Alpha Credit Rating Limited (AlphaRating) has informed that it has assigned the rating of the company as "A+" 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 June 30, 2018 and relevant qualitative information up to February 09, 2019.

Query response

Dulamia Cotton Spinning Mills Ltd.: In response to a DSE query dated February 06, 2019, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike of shares.

— DSE/CSE Online


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