DSE/CSE News in Brief (16-11-2020)

FE Team | Published: November 15, 2020 22:37:09

Recommendation of dividend
Premier Cement Mills Limited: The board has recommended 10 per cent cash dividend for the year ended on June 30, 2020. The AGM of the company will be held on December 28, 2020 at 11:30 AM on a digital platform. The record date is December 07, 2020. The company has also reported consolidated EPS of Tk. 2.55, consolidated NAV per share of Tk. 49.74 and Consolidated NOCFPS of Tk. 6.99 for the year ended on June 30, 2020 as against Tk. 5.80, Tk. 48.19 and Tk. 6.05 respectively for the same period of the previous year.
M.I. Cement Factory Limited: The board of directors has recommended 10 per cent cash dividend for the year ended on June 30, 2020. The AGM of the company will be held on December 29, 2020 at 11:00 AM on a digital platform. The record date is December 06, 2020. The company has also reported EPS of Tk. (0.89), NAV per share of Tk. 46.38 and NOCFPS of Tk. 3.69 for the year ended on June 30, 2020 as against Tk. 1.69, Tk. 48.22 and Tk. 1.80 respectively for the same period of the previous year. The company also informed that during the year ended June 30, 2020, the company incurred loss, thus from the amount of Retained Earnings cash dividend has been recommended.
Board meeting
Regent Textile Mills Ltd: A board meeting of the company will be held on November 18, 2020 at 3:00 PM to consider, among others, audited financial statements of the company for the year ended on June 30, 2020.
Postponement of board meetings
S. S. Steel Limited: Due to unavoidable circumstances, a board meeting of the company scheduled to be held on Sunday at 5:30 PM to consider, among others, un-audited financial statements of the company for the first quarter period ended on September 30, 2020 has been postponed. New date and time of the meeting will be notified later.
Ring Shine Textiles Ltd: Due to unavoidable circumstances, a board meeting of the company scheduled to be held on November 14, 2020 to consider, among others, un-audited financial statements of the company for the first quarter period ended on September 30, 2020 has been postponed. New date and time of the meeting will be notified later.
M.I. Cement Factory Ltd: Due to unable to complete the preparation of accounts, the board meeting of the company scheduled to be held on November 14, 2020 to consider, among others, un-audited financial statements of the company for the first quarter period ended on September 30, 2020 has been postponed. New date and time of the meeting will be notified later.
Credit rating
Fortune Shoes Limited: Credit Rating Information and Services Limited (CRISL) has informed that the Rating Committee of CRISL has assigned the rating to Fortune Shoes Limited 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, 2019; unaudited financials up to March 31, 2020 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Suspension of trading
Trading of the shares of JMI Syringes & Medical Devices Ltd, Bangladesh Building Systems Ltd and BBS Cables Ltd will remain suspended on its record date, today (Monday). Trading of the shares of the company will resume on November 17, 2020.
Withdrawal of authorised
representative
Meenhar Securities Limited: The company (TREC NO. CSE 003) informed that they have withdrawn their authorised representative Mr. Shovan Barua with immediate effect.
— DSE/CSE Online