Runner Automobiles recommends 15pc dividend
The board of directors of Runner Automobiles Ltd has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2019. The final approval the of dividend will come during the annual general meeting (AGM) scheduled to be held on November 25 in Dhaka, said an official disclosure on Tuesday. The record date is on October 15, 2019. The company has also reported consolidated earnings per share (EPS) of Tk 5.07, consolidated net asset value (NAV) per share of Tk 65.49 and consolidated net operating cash flow per share (NOCFPS) of Tk 0.67 for the year ended on June 30, 2019 as against Tk 4.90, Tk 59.53 and Tk 2.64 respectively for the same period of the previous year.— FE Report
PHWC inks MoU with Praava Health
Psychological Health & Wellness Clinic (PHWC) has signed a MoU with Praava Health Bangladesh Limited. This collaboration aims to promote the importance of keeping a balanced physical and mental health. Patients of Pravaa who will need psychiatric assessment will be referred to PHWC to seek help. — Statement
Recommendation of Dividend
Runner Automobiles Limited: The board of directors has recommended 10 per cent cash and 5 per cent stock dividend for the year ended on June 30, 2019. The AGM will be held on November 25, 2019 at 11:00 am at Trust Milonayaton, Near Jahangir Gate, Mohakhali, Dhaka - 1206. The record date is October 15, 2019. The company has also reported Consolidated EPS of Tk. 5.07, Consolidated NAV per share of Tk. 65.49 and Consolidated NOCFPS of Tk. 0.67 for the year ended on June 30, 2019 as against Tk. 4.90, Tk. 59.53 and Tk. 2.64 respectively for the same period of the previous year.
Suspension of trading
Ratanpur Steel Re-Rolling Mills Ltd.: Trading of the shares of Ratanpur Steel Re-Rolling Mills Ltd. will remain suspended on its record date today (Wednesday) for EGM. Trading of the shares of the company will resume on September 19, 2019.— DSE/CSE Online
Credit Rating
Provati Insurance Company Limited: ARGUS Credit Rating Services Limited (ACRSL) has announced the CPA rating of Provati Insurance Company Limited as "AA" 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.
Spot trading
Northern General Insurance Co. Ltd.: Trading of the shares of Northern General Insurance Co. Ltd. will be allowed only in the spot market from today (Wednesday) to September 19, 2019 as the record date of the Company is on September 22, 2019 for EGM.
National Polymer Industries Ltd.: Trading of the shares of National Polymer Industries Ltd. will be allowed only in the spot market from today (Wednesday) to September 19, 2019 as the record date of the company is on September 22, 2019 for EGM & AGM.— CSE Online
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