DSE/CSE News in Brief (7-11-2018)


FE Team | Published: November 07, 2018 00:04:44


DSE/CSE News in Brief (7-11-2018)

Recommendation of dividend
Atlas Bangladesh Ltd.: The board of directors has recommended 10 per cent stock dividend for the year ended on June 30, 2018. The AGM will be held on December 22, 2018 at 11:00 am at the factory premises of the company, 265-267 Tongi I/A, Gazipur. The record date is November 26, 2018. The company has also reported EPS of Tk. (1.23), NAV per share of Tk. 148.00 and NOCFPS of Tk. 1.61 for the year ended on June 30, 2018 as against Tk. (2.39), Tk. 165.00 and Tk. (3.58) respectively for the same period of the previous year.
Pharma Aids: The board of directors has recommended 50 per cent cash dividend for the year ended on June 30, 2018. The AGM will be held on December 27, 2018 at 11:00 am at Kendrio Kanchi Kancher Mela Auditorium, 37/A Segun Bagicha, Dhaka-1000. The record date is December 02, 2018. The company has also reported EPS of Tk. 15.07, NAV per share of Tk. 60.81 and NOCFPS of Tk. 12.51 for the year ended on June 30, 2018 as against Tk. 9.48, Tk. 49.53 and Tk. 4.09 respectively for the same period of the previous year.
Credit rating
Advent Pharma Limited: Alpha Credit Rating Limited (AlphaRating) has rated the company as "BBB+" in the long term and "ST-3" in the short term along with a stable outlook based on audited financial statements of the company as on June 30, 2018 and relevant qualitative information up to November 05, 2018.
Board meeting
Generation Next Fashions Limited: A board meeting of the company will be held on November 13, 2018 at 3:30 pm to consider, among others, un-audited financial statements of the company for the first quarter (Q1) period ended on September 30, 2018.
— DSE Online

DSE NEWS
Board meetings
SAIF Powertec Limited: A board meeting of the company will be held on November 13, 2018 at 3:30 pm to consider, among others, un-audited financial statements of the company for the first quarter (Q1) period ended on September 30, 2018.
Bangladesh Building Systems Ltd.: A board meeting of the company will be held on November 12, 2018 at 4:30 pm to consider, among others, un-audited financial statements of the company for the first quarter (Q1) period ended on September 30, 2018.
Dhaka Electric Supply Company Ltd.: A board meeting of the company will be held on November 12, 2018 at 6:00 pm to consider, among others, un-audited financial statements of the company for the first quarter (Q1) period ended on September 30, 2018.
Hamid Fabrics Ltd.: A board meeting of the company will be held on November 11, 2018 at 4:00 pm to consider, among others, un-audited financial statements of the company for the first quarter (Q1) period ended on September 30, 2018.
Bangladesh Submarine Cable Company Limited: A board meeting of the company will be held on November 13, 2018 at 4:00 pm to consider, among others, un-audited financial statements of the company for the first quarter (Q1) period ended on September 30, 2018.

CSE NEWS
Recommendation of dividend
Standard Ceramic Industries Ltd.: The board of directors has recommended 2.0 per cent cash dividend for general shareholders only (other than sponsors & directors) for the year ended on June 30, 2018. The sponsors/directors hold 18,41,072 shares out of total 64,60,650 shares of the company and the cash dividend to be payable to the General shareholders is Tk. 9,23,915.60. The AGM will be held on December 29, 2018 at 10:30 am at the factory premises at Saydana K.B Bazar, Joydebpur, Gazipur. The record date is November 27, 2018. The company has also reported EPS of Tk. 1.58, NAV per share of Tk. 14.96 and NOCFPS of Tk. (0.65) for the year ended on June 30, 2018 as against Tk. (0.39), Tk. 13.51 and Tk. (0.29) respectively for the same period of the previous year.
— DSE/CSE Online

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