DSE/CSE News in Brief (16-09-2019)

FE Team | Published: September 15, 2019 23:30:10

DSE NEWS
Credit rating
Envoy Textiles Limited: Credit Rating Agency of Bangladesh Limited (CRAB) has announced surveillance entity rating of the company as "AA1" along with a stable outlook based on audited financial statements up to June 30, 2018, unaudited financial statements up to March 31, 2019, business data and bank liability position as on June 30, 2019 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Board meeting
The Peninsula Chittagong Limited: A meeting of the board of directors will be held on September 25, 2019 at 3:30 pm to consider, among others, audited financial statements of the company for the year ended on June 30, 2019.
Query response
Gemini Sea Food Ltd.: In response to a DSE query dated September 12, 2019, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.
National Tubes Limited: In response to a DSE query dated September 12, 2019, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.
Agreement signing
Bangas Ltd.: The company has informed that they have entered into an exclusive agreement with Royal Green Vegetables & Fruits Trading L.L.C, Central Fruits & Vegetables Market, Dubai, UAE for exporting of Bangas biscuits where Royal Green Vegetables & Fruits Trading L.L.C shall import, distribute, promote sales and marketing of Bangas biscuits in Dubai, UAE. As a result, the company is expected to achieve substantial growth in turnover and profitability in near future.
CSE NEWS
Board meetings
Eastern Housing Limited: A board meeting of the company will be held on September 19, 2019 at 3:30 pm to consider, among others, audited financial statements of the company for the year ended on June 30, 2019.
JMI Syringes & Medical Devices Ltd.: A board meeting of the company will be held on September 21, 2019 at 4:00 pm to consider, among others, audited financial statements of the company for the year ended on June 30, 2019.
Suspension of trading
IFIC Bank Ltd: Trading of the shares of IFIC Bank Ltd will remain suspended on its record date today (Monday) for EGM. Trading of the shares of the company will resume on September 17, 2019.
Spot trading
Ratanpur Steel Re-Rolling Mills Ltd.: Trading of the shares of Ratanpur Steel Re-Rolling Mills Ltd. will be allowed only in the spot market from today (Monday) to September 17, 2019 as the record date of the company is on September 18, 2019 for EGM.
Transfer confirmation
NCC Bank Ltd.: Mr. Yakub Ali, one of the sponsors of NCC Bank Ltd, has reported that he has completed his transfer of 1,83,49,837 shares of the company to his daughter Ms. Tanzina Ali, by way of gift outside the trading system of the exchange, as per declaration disseminated on 11.09.2019.
Buy intention
Dhaka Bank Limited: Mrs. Rakhi Das Gupta, one of the sponsors of Dhaka Bank Limited, has reported her intention to buy 3,85,000 shares of the company at prevailing market price (in the public market) through DSE within next 30 working days.
— DSE/CSE Online