DSE/CSE News in Brief (27-08-2019)

FE Team | Published: August 26, 2019 23:47:42

DSE NEWS
Disbursement of
dividend
Purabi Gen. Insurance Company Ltd.: The company has informed that cash dividend warrants has been disbursed for the year ended on December 31, 2018. The company requested shareholders' who have not provided their exact addresses, to collect their undistributed dividend warrant from company's Share Department.
Islami Insurance Bangladesh Limited: The company has informed that cash dividend warrants has been disbursed for the year ended on December 31, 2018.
Credit Rating
Standard Insurance Limited: ARGUS Credit Rating Services Limited (ACRSL) has announced the claim paying ability rating of the company as "A+" for long term and "ST-2" for short term in consideration of financials of the company up to December 31, 2018 (audited), Q2FY19 (unaudited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Sale Confirmation
Export Import (Exim) Bank of Bangladesh Limited: Mr. Mazakat Harun, one of the sponsors of the company, has further reported that he has completed his sale of 25,00,000 shares of the company at prevailing market price through stock exchange as per declaration disseminated on 15.07.2019.
Intention to buy shares
Meghna Life Insurance Co. Ltd.: Karnaphuli Insurance Co. Ltd., one of the corporate directors of the company, has expressed its intention to buy 3,40,000 shares of the company at prevailing market price (In the block market) through stock exchange (DSE) within next 30 working days.
CSE NEWS
Suspension of trading
Trading of the units of AB Bank 1st Mutual Fund, EBL NRB Mutual Fund, PHP 1st Mutual Fund, Popular Life 1st Mutual Fund, EXIM Bank 1st Mutual Fund, First Bangladesh Fixed Income Fund, First Janata Bank Mutual Fund, IFIC Bank 1st Mutual Fund, Trust Bank 1st Mutual Fund and EBL First Mutual Fund will remain suspended on its record date, today. Trading of the units of the funds will resume on August 28, 2019.
Sunlife Insurance Company Ltd.: Trading of the shares of the company will remain suspended on its record date, today. Trading of the shares of the company will resume on August 28, 2019.
Withdrawal of authorised representative
North West Securities Limited: The company (TREC NO. CSE 019) has informed that they have withdrawn their authorised representative Mr. Md. Anisul Islam Masum with immediate effect.
— DSE/CSE Online