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DSE/CSE News in Brief (18-2-2019)

February 18, 2019 00:00:00


DSE NEWS

Bonus shares

Shahjibazar Power Co. Ltd.: The bonus shares of the company for the year ended June 30, 2018 have already been credited to the respective shareholders BO Accounts on Sunday.

Spot trading

Nitol Insurance Co. Ltd.: Trading of the shares of the company will be allowed only in the spot market and block transactions will also be settled as per Spot settlement cycle with cum benefit from today (Monday) to February 19, 2019. Trading of the shares of the company will remain suspended on record date, February 20, 2019.

Resumption of trading

Grameenphone Ltd.: Trading of the shares of the company will resume today (Monday) after record date.

Query response

Fortune Shoes Limited: In response to a DSE query dated February 13, 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.

Commencement

of electronic

subscription of New Line Clothings

Commencement of electronic subscription of New Line Clothings Limited through electronic subscription system under fixed price method: The subscription for shares of New Line Clothings Limited by the eligible investors through electronic subscription system under fixed price method of the stock exchanges will begin from today (Monday) 10:00 am and continue till February 28, 2019 at 5:30 p.m. (round the clock). The required 100 per cent of subscribed amount shall be paid through Mutual Trust Bank Limited, (Account Name: Dhaka Stock Exchange Limited, Account No. 00120320001838) in between 10:00 a.m. of February 18, 2019 to 2:00 p.m. of February 28, 2019 (during banking hour). Interested persons have to visit the following website for subscription related updates http://www.essbangladesh.com.

CSE NEWS

Credit rating

Far East Knitting & Dyeing Industries Ltd.: Credit Rating Information and Services Limited (CRISL) has informed that the Rating Committee of CRISL has assigned the rating to the company as "AA-" in the long term and "ST-2" in the short term along with a stable outlook based on audited financial statements of the company up to June 30, 2018; unaudited financial up to December 31, 2018 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

Transmission

confirmation of deceased sponsor director shares

Zaheen Spinning Ltd.: The company has informed that 1,47,75,200 shares of Late A.M. Badruzzaman Khashroo, sponsor director of the company, has been transmitted among his successors in the following manner according to the Succession Certificate: 18,46,900 shares to Mrs. Farida Khanam; sponsor director of the company, 51,71,320 shares to Mr. Mahmudur Rahman; sponsor director of the company, 51,71,320 shares to Mr. Mahbubur Rahman Khan and 25,85,660 shares to Masuma Khan.

— DSE/CSE Online


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