DSE/CSE News in Brief (30-10-2018)

Land purchase

Popular Life Insurance Company Limited: The company has informed that the board of directors has decided to purchase 5.10 decimal land including 3 storied 1 building situated at Satkhira with total price amounting to Tk. 18,000,000.00 approx. only.

Category change

GBB Power Ltd.: The company will be placed in "Z" category from existing "A" category with effect from October 30, 2018 as the company has declared No Dividend for the year ended on June 30, 2018. As per SEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009; the stock brokers & merchant bankers are requested not to provide loan facilities to their clients against trading of the shares of GBBPOWER from October 30, 2018. — DSE Online

Disbursement of dividend

Sandhani Life Insurance Company Ltd.: The company has informed that it has credited the bonus shares for the year ended on December 31, 2017 to the respective shareholders' BO Accounts on October 23, 2018

Board meetings

Alltex Industries Limited: A board meeting of the company will be held on November 07, 2018 at 3:00 pm to consider, among others, un-audited financial statements of the company for the first quarter (Q1) period ended on September 30, 2018.

Quasem Industries Limited: A board meeting of the company will be held on November 07, 2018 at 2:35 pm to consider, among others, un-audited financial statements of the company for the first quarter (Q1) period ended on September 30, 2018.

Suspension of trading

Generation Next Fashions Ltd.: Trading of the shares of the company will remain suspended on its record date, today (Tuesday).

Decision to

purchase a 500 KVA Generator

Aziz Pipes Ltd.: The company has informed that the board of directors has unanimously approved the decision to purchase a 500 KVA Generator with a total cost of Tk. 4.4 million only.

— DSE Online