News Briefs (2022-04-25)

Disbursement of dividend

The Dacca Dyeing & Manufacturing Co. Limited: The company has disbursed cash dividend for the year ended on June 30, 2021 to the respective shareholders through BEFTN and Warrant.

Suspension of trading

United Commercial Bank: Trading of the shares of United Commercial Bank Limited will remain suspended on its record date, today (Monday). Trading of the shares of the company will resume on April 26, 2022.

Eastern Bank: Trading of the shares of Eastern Bank Limited will remain suspended on its record date, today (Monday). Trading of the shares of the company will resume on April 26, 2022.

SS Steel: Trading of the shares of S. S. Steel Limited will remain suspended on its record date, today (Monday). Trading of the shares of the company will resume on April 26, 2022.

Reschedule of board meetings

Union Capital Limited: A board meeting of the company will now be held on April 27, 2022 at 2:06 PM instead of 2:00 PM to consider, among others, un-audited financial statements of the company for the first quarter period ended on March 31, 2022 and December 31, 2021.

Credit rating

United Commercial Bank: Emerging Credit Rating Limited (ECRL) has assigned the rating of United Commercial Bank Ltd as "AA" in the long term and "ST-2" in the short term along with a Stable outlook of the company based on audited financial statements up to December 31, 2021 and other relevant quantitative along with qualitative information available up to the date of rating.

Board meeting

GBB Power Ltd: A board meeting of the company will be held on April 28, 2022 at 9:30 AM to consider, among others, un-audited financial statements of the company for the third quarter period ended on March 31, 2022.

— DSE/CSE Online