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DSE/CSE News in Brief (29-08-2019)

August 29, 2019 00:00:00


DSE NEWS

Disbursement of cash dividend

Janata Insurance Company Ltd.: The company has informed that cash dividend warrants has been disbursed for the year ended on December 31, 2018.

Category change

Janata Insurance Company Ltd.: The company will be placed in 'A' category from existing 'B' category with effect from Wednesday as the company has reported disbursement of 5 per cent stock and 5 per cent cash dividend for the year ended on December 31, 2018.

Suspension of trading

Rupali Life Insurance Company Ltd.: Trading of the shares of the company will remain suspended on its record date, today.

Resumption of trading

Trading of the units of Southeast Bank 1st Mutual Fund, NLI First Mutual Fund, Green Delta Mutual Fund and DBH First Mutual Fund will resume today after record date.

Change of address of registered and corporate office

IFAD Autos Limited: The registered office of the company will be shifted to its new address at Sahabelishor, Dhamrai, Dhaka. They also informed that the new corporate office is at IFAD TOWER, Plot-7 (new), Tejgaon industrial Area, Dhaka-1208 and the Share department address is Sonartari Tower (13th Floor) 12, Bipanan C/A, Sonargaon Road, Banglamotor, Dhaka-1000. Tel: 9632753-7, 9632761-2; Fax: 880-2-9632764.

CSE NEWS

Share receipt

confirmation

Pragati Insurance Ltd.: Mr. Mohammed Abdul Malek, one of the sponsor directors of Pragati Insurance Ltd., has further reported that he has completed his receipt of 27,079 shares of the company from his wife Mrs. Shahnaz Sharmin Malek, by way of gift outside the trading system of the exchange as per declaration disseminated on 28.08.2019.

Buy Intention

Meghna Life Insurance Co. Ltd.: Mrs. Dilruba Sharmin, one of the directors of the company, has reported her intention to buy 80,500 shares of the company at prevailing market price (In the Block Market) through Stock Exchange (DSE) within next 30 working days.

Meghna Life Insurance Co. Ltd.: Umme Khadiza Meghna, one of the directors of the company, has reported her intention to buy 1,17,000 shares of the company at prevailing market price (In the Block Market) through Stock Exchange (DSE) within next 30 working days.

Withdrawal of authorised

representative

Cordial Securities Ltd.: The company (TREC NO. CSE 113) has informed that they have withdrawn their authorised representatives Mr. Ifthekharul Alam, Mr. Parvez Ahmed Chowdhury and Mr. Tajul Islam Jahed respectively with immediate effect.

Revised issue price for rights issuance

Ratanpur Steel Re-Rolling Mills Ltd.: Referring to their earlier news disseminated on 04.01.2018, the company has informed that the board of directors has revised the issue price of their proposed Rights issuance of 2R:3 (2 Rights Share for every 3 shares held) to Tk. 15.00 each (including premium of Tk. 5.00 each) instead of earlier recommended of Tk. 20.00 each (including premium of Tk. 10.00 each) subject to the approval of the shareholders in the 4th EGM and by the BSEC. The EGM will be held on 09 October 2019 at 11:00 AM at Shaheen Golf and Country Club, Patenga, Chittagong. Record Date for EGM is on 18 September 2019. Another Record Date will be declared for Rights issuance after getting approval from the BSEC.

— DSE/CSE Online


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