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DSE/CSE News in Brief (21-09-2019)

September 21, 2019 00:00:00


Credit rating

Eastland Insurance Company Ltd: Credit Rating Information and Services Ltd. (CRISL) has informed that the rating committee of CRISL has assigned the CPA (Claim Paying Ability) Rating of Eastland Insurance Company Ltd. as "AA+" along with a stable outlook in consideration of audited financials of the company up to December 31, 2018; unaudited financials up to June 30, 2019 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

KDS Accessories Ltd: Credit Rating Information and Services Ltd. (CRISL) has informed that the rating committee of CRISL has assigned the rating to KDS Accessories Ltd. as "A+" in the long term and "ST-3" in the short term along with stable outlook in consideration of its audited financials up to June 30, 2019 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

Board meeting

Fareast Islami Life Insurance: A board meeting of the company will be held on September 24, 2019 at 3:30 pm to consider, among others, un-audited financial statements of the company for the first quarter (Q1) and second quarter (Q2) period ended on March 31, 2019 and June 30, 2019.

Withdrawal of authorised representative

Prime Bank Securities Limited: The company (DSE TREC No. 219) has withdrawn one of its authorised representatives, Mr. Muhammad Rashed Ansary, with immediate effect.

City Brokerage Ltd: The company (DSE TREC No. 145) has withdrawn one of its authorised representatives, Mr. Zawad Zafir, with immediate effect.

Buy intention

Green Delta Insurance Company Ltd: Mrs. Khurshida Chowdhury, one of the directors of Green Delta Insurance Company Ltd., has reported her intention to buy 72,000 shares of the Company at prevailing market price (In the Block Market) through DSE & CSE within next 30 working days.

— DSE/CSE online


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