DSE/CSE News in Brief (25-09-2019)


FE Team | Published: September 24, 2019 22:53:48


DSE/CSE News in Brief (25-09-2019)

DSE NEWS
Board meeting
Padma Islami Life Insurance Ltd: A board meeting of the company will be held on September 28, 2019 at 12:00 Noon to consider, among others, un-audited financial statements of the company for the first quarter (Q1) period ended on March 31, 2019 and second quarter (Q2) period ended on June 30, 2019.
Suspension of trading
Apex Tannery Ltd.: Trading of the shares of Apex Tannery Ltd. will remain suspended on its record date, today (Wednesday).
Withdrawal of authorised
representatives
Al-Muntaha Trading Co. Ltd.: The company (DSE TREC No. 49) has withdrawn one of its authorised representatives, Mr. Arifur Rahman, with immediate effect.
Mohammadi Stock Market Ltd.: The company (DSE TREC No. 15) has withdrawn one of its authorised representatives, Mr. Abu Farah Md. Iqbal, with immediate effect.
Premier Bank Securities Ltd.: The company (DSE TREC No. 236) has withdrawn one of its authorised representatives, Ms. Gargi Das, with immediate effect.
Transfer intention
Al-Arafah Islami Bank Ltd: Mr. Alhajj Kazi Abu Kausar, one of the sponsors of the company has expressed his intention to transfer 16,60,000 shares out of his total holding of 1,82,78,205 shares of the company to his sisters Mrs. Kazi Sultana Delwar (10,00,000 shares) and Mrs. Kazi Nasema Akter (6,60,000 shares) respectively, by way of gift outside the trading system of the exchange within 30 working days from the date of issuance of approval letter by DSE.
CSE NEWS
Disbursement of dividend
Pragati Life Insurance Ltd.: The bonus shares of the company for the year ended on December 31, 2018 have already been credited through CDBL to the respective shareholders' BO Accounts and also disbursed cash dividend.
Buy confirmation
Peoples Insurance Company Ltd.: Mr. Jafar Ahmed Patwari, one of the directors of the company, has reported that he has completed his buy of 1,00,000 shares of the company at prevailing market price through stock exchange as per declaration disseminated on 15.09.2019.
Popular Life Insurance Company Limited: Mr. Kabir Ahmed, one of the sponsor directors and Mr. Nur Jahan Ahmed one of the directors of Popular Life Insurance Company Limited, have reported that they have completed their buy of 5,38,000 shares and 2,94,500 shares respectively of the company at prevailing market price through stock exchange as per declaration disseminated on 22.09.2019.
Meghna Life Insurance Co. Ltd.: Mrs. Jannatul Fardous, one of the directors of the company, has further reported that she has completed her buy of 3,35,220 shares of the company at prevailing market price through stock exchange as per declaration disseminated on 22.09.2019.
Sale intention
Fareast Islami Life Insurance Co. Ltd.: Mr. Jahurul Islam Chowdhury, one of the sponsors of Fareast Islami Life Insurance Co. Ltd., has reported his intention to sell 75,000 shares out of his holding of 2,08,480 shares of the company at prevailing market price (in the public market) through DSE within October 31, 2019.
— DSE/CSE Online

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