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DSE/CSE News in Brief (18-06-2021)

June 18, 2021 00:00:00


Board meetings

Samata Leather Complex Ltd: A board meeting of the company will be held on June 22, 2021 at 4:30 PM to consider, among others, un-audited financial statements of the company for the second quarter period ended on December 31, 2020.

Popular Life Insurance Company Limited: A board meeting of the company will be held on June 24, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the company for the first quarter period ended on March 31, 2021.

Popular Life Insurance Company Limited has informed that another board meeting of the company will be held on June 24, 2021 at 3:00 PM to consider, among others, audited financial statements of the company for the year ended on December 31, 2020.

Query response

aramit cement: In response to a DSE query dated June 17, 2021, aramit cement limited has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.

Extension of suspension of trading

Beximco Synthetics: Referring to the earlier news disseminated on 03.06.2021 regarding suspension of trading of shares of Beximco Synthetics Ltd, the suspension period of trading of shares of the company has been extended for further period of 15 days effective from June 20, 2021 as per Section 9(8) of the Securities and Exchange Ordinance, 1969.

Spot trading

Bata Shoe Company (Bangladesh): Trading of the shares of Bata Shoe Company (Bangladesh) Limited will be allowed only in the spot market from June 20, 2021 to June 21, 2021 as the record date of the company is on June 22, 2021.

Union Capital: Trading of the shares of Union Capital Ltd will be allowed only in the spot market from June 20, 2021 to June 21, 2021 as the record date of the company is on June 22, 2021.

Asia Insurance: Trading of the shares of Asia Insurance Limited will be allowed only in the spot market from June 20, 2021 to June 21, 2021 as the record date of the company is on June 22, 2021.

Credit rating

Eastern Bank: Credit Rating Information and Services Limited (CRISL) has rated Eastern Bank Limited as "AA+" in the long term and "ST-1" in the short term along with a stable outlook in consideration of its audited financials up to December 31, 2020, un-audited financials up to March 31, 2021 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

Saiham Textiles Mills: National Credit Ratings Limited (NCR) has announced the surveillance rating of Saiham Textiles Mills Limited as "AA" in the long term and "ST-2" in the short term along with a developing outlook based on audited financial statements of the company as on June 30, 2020.

Buy intention

Standard Insurance: Mr. Hasnat Mosharraf, one of the sponsor directors of Standard Insurance Limited, has reported his intention to buy 6,04,000 shares of the company at prevailing market price (in the block market) through DSE within next 30 working days.

Ms. Tasmiah Rahman, another sponsor directors of Standard Insurance Limited, has reported her intention to buy 7,55,000 shares of the company at prevailing market price (in the block market) through DSE within next 30 working days.

Intention to sell shares

Premier Bank Ltd: Mr. Nahyan Haroon, one of the directors of the company, has expressed his intention to sell 5,50,500 shares out of his total holding of 2,19,85,463 shares of the company at prevailing market price (in the public market) through DSE within next 30 working days.

Mr. Yeh Cheng Min, one of the sponsor directors of the bank, has expressed his intention to sell 32,03,442 shares out of his total holding of 3,13,23,385 shares of the company at prevailing market price (in the public market) through DSE within next 30 working days.

DSE publishes Monthly Review

The Monthly Review - May 2021 has been published. Investors and any other interested persons may collect copies of the same from DSE Reception or DSE Sales Center at 9/F, Motijheel C/A, Dhaka-1000. Mob: 01755538482, Ph: 41040189 - 200 Ext - 1167.

Allotment

of land

IFAD Autos Limited: The company informed that Bangladesh Economic Zones Authority (BEZA) has allotted 30 acres of land in favor of IFAD Autos Limited to develop and operate industries, run commercial activities and to construct onsite infrastructures at Bangabandhu Sheikh Mujib Shilpa Nagar, at Mirsarai-Feni Economic Zones. Furthermore, the land is being allotted on lease for 50 years on a rental basis. The company will disclose all information immediately after making deed with Bangladesh Economic Zones Authority.

— DSE/CSE Online


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