DSE/CSE News in Brief (9-12-2018)

FE Team | Published: December 08, 2018 22:01:34

DSE NEWS
Credit rating
Bashundhara Paper Mills Limited: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of the company as "AA3" along with a stable outlook based on audited financial statements up to June 30, 2018; bank liability position as on September 30, 2018 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Quasem Industries Limited: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating of the company as "A1" along with Stable outlook based on audited financial statements up to June 30, 2018, bank liability up to November 01, 2018 and other relevant quantitative & qualitative information up to the date of rating declaration.
Bangladesh Finance and Investment Co. Ltd: Emerging Credit Rating Limited (ECRL) has assigned the initial rating of the Company as "A+" in the long term and "ST-2" in the short term along with a Stable outlook of the company based on audited financials up to December 31, 2017 and other relevant qualitative along with quantitative information available up to the date of rating.
Spot trading
Bata Shoe Company (Bangladesh) Limited: Trading of the shares of the company will be allowed only in the spot market and block transactions will also be settled as per Spot settlement cycle with cum benefit from today (Sunday) to December 10, 2018. Trading of the shares of the Company will remain suspended on record date, December 11, 2018 for entitlement of interim dividend.
CSE NEWS
Bonus shares
Dragon Sweater & Spinning Ltd.: The company has informed that the bonus shares of the company for the year ended on June 30, 2018 have already been credited through CDBL to the respective shareholders' BO Accounts on December 05, 2018.
Credit rating
Eastern Insurance Co. Ltd.: ARGUS Credit Rating Services Limited (ACRSL) has announced the rating of the company as "AA+" for long term and "ST-2" for short term in consideration of financials of the company up to December 31, 2017 (audited), & Q3FY18 (unaudited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
— DSE/CSE Online