DSE NEWS
Recommendation of dividend
NCCBL Mutual Fund-1: The trustee committee of the fund has recommended 6.0 per cent cash dividend based on net income for the year ended on December 31, 2018. The record date is March 07, 2019. The fund has also reported EPU of Tk. 0.6540, NAV per unit of Tk. 10.83 at cost price basis, NAV per unit of Tk. 11.06 at Market price basis and NOCFPU of Tk. 0.01 for the year ended on December 31, 2018 as against Tk. 1.0057, Tk. 11.17, Tk. 12.82 and Tk. 1.73 respectively for the same period of the previous year.
Credit rating
Fortune Shoes Limited: Credit Rating Information and Services Limited (CRISL) has rated the company as "A-" in the long term and "ST-3" in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2018; unaudited financials up to December 31, 2018 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Sale confirmation
IPDC Finance Limited: Aga Khan Fund for Economic Development S.A., one of the corporate directors of the company, has further reported that it has completed its sale of 1,96,34,473 shares of the company at prevailing market price through stock exchange as per declaration disseminated on February 12, 2019.
Argon Denims Limited: Mr. A. K. Gouhor Rabbani, one of the shareholder directors of the company, has reported that he has completed his sale of 7,00,000 shares of the company at prevailing market price through stock exchange as announced earlier.
Land purchase
Olympic Industries Ltd.: The board of directors of the company has decided to purchase total 0.3794 Acre or 37.94 Decimals land at total consideration of Tk. 1,27,30,000.00. Out of total 0.3794 Acre or 37.94 Decimals land, 0.2194 Acre or 21.94 decimals land with purchase consideration of Tk. 73,70,000.00 is situated in Mouza-Khaspara, Union- Kanchpur, P.S: Sonargaon, District: Narayangonj. 0.16 Acre or 16.00 Decimals land with purchase consideration of Tk. 53,60,000.00 is situated in Mouza-Khaspara, Union- Kanchpur, P.S: Sonargaon, District: Narayangonj. Besides the above stated purchase consideration, another Tk. 16,50,000.00 for the above stated 2 lands shall have to be spent as Registration Fees and other Miscellaneous Expenses for purchasing the above 37.94 decimals land.
CSE NEWS
Disbursement of dividend
H.R. Textile Mills Ltd.: The company has disbursed the cash dividend for the year ended on June 30, 2018 to the respective BO shareholders will be disbursed through BEFTN system and dividend warrants of folio shareholders of the company will be distributed on all working days from February 17, 2019 to February 19, 2019 between 10:00 am to 5:00 pm either personally or through their authorized representative. The uncollected dividend warrants will be sent through postal/courier service to their respective addresses after February 19, 2019 at their own risk and responsibility.
Approval for issuance of prospectus
Silco Pharmaceuticals Limited: Bangladesh Securities and Exchange Commission (BSEC) has given consent for raising of capital through Initial Public Offering (IPO) and issuance of prospectus by Silco Pharmaceuticals Limited.
— DSE/CSE Online
