DSE/CSE News in Brief (16-02-2018)

FE Team | Published: February 15, 2018 22:18:31

DSE NEWS
Recommendation of dividend
IDLC Finance: IDLC Finance Limited has recommended 30 per cent cash dividend for the year ended on December 31, 2017. The AGM will be held on March 29, 2018 at 10:00 am at "Utshab", Radisson BLU Water Garden Hotel, Airport Road, Dhaka Cantonment, Dhaka-1206. The record date is on March 08, 2018. IDLC Finance Limited has also reported Consolidated EPS of Tk. 6.13, Consolidated NAV per share of Tk. 33.41 and Consolidated NOCFPS of Tk. 19.76 for the year ended on December 31, 2017 as against Tk. 5.49, Tk. 23.70 and Tk. (3.18) respectively for the same period of the previous year.
Disbursement of dividend
United Power Generation & Distribution Company Ltd.: United Power Generation & Distribution Company Ltd. has informed that it has credited bonus share for the year ended on June 30, 2017 to the respective shareholders' BO Accounts on February 14, 2018.
Board meeting
Dutch-Bangla Bank: Dutch-Bangla Bank Ltd. has informed that a board meeting of the company will be held on February 22, 2018 at 4:00 pm to consider, among others, audited financial statements of the company for the year ended on December 31, 2017, subject to clearance from Bangladesh Bank on the Audited Financial Statements of the company.
Query Response
Alltex Industries: In response to a DSE query dated February 12, 2018, Alltex Industries Limited has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike of shares.
CSE NEWS
New chairman of First Finance Ltd.
First Finance Ltd. has informed that Mr. Miah Nuruddin Ahmad Apu has been elected as the chairman of the Company with immediate effect.
Query Response
Apex Foods: In response to CSE's query dated 14 February 2018 regarding the upward trend of its share price and volume, Apex Foods Ltd. has informed that they are not aware of any reason for this unusual upward pattern of trade and also the trading volume of shares & price hike of the shares of the Company. There is no unprecedented material development in the business of the Company recently to warrant this sudden activity.
— DSE/CSE Online