News Briefs (2022-05-30)

FE Team | Published: May 29, 2022 23:51:47

Disbursement of dividend
IFIC Bank Limited: The company has credited the bonus shares for the year ended December 31, 2021 to the respective shareholders' BO accounts on May 29, 2022.
Spot trading
Peninsula: Trading of the shares of The Peninsula Chittagong Limited will be allowed only in the spot market from today (Monday) to May 31, 2022 as the record date of the company is on June 01, 2022 for EGM.
Desh General Insurance: Trading of the shares of Desh General Insurance Company Ltd will be allowed only in the spot market from today (Monday) to May 31, 2022 as the record date of the company is on June 01, 2022.
Suspension of trading
Trading of the shares of Union Bank Limited, Eastern Insurance Co. Ltd, Global Insurance Ltd and Provati Insurance Company Limited will remain suspended on its record date, today (Monday). Trading of the shares of the companies will resume on May 31, 2022.
Credit rating
Prime Finance & Investment: Credit Rating Information and Services Limited (CRISL) has assigned the rating of Prime Finance & Investment Limited as "A+" in the long term and "ST-3" in the short term along with a stable outlook based on audited financials of the company up to December 31, 2020; unaudited financials up to September 30, 2021 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Buy confirmation
NRBC Bank: Mr. Nizam M Meah, one of the sponsors of the company, has further informed that he has completed his buying of 13,00,000 shares of the company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 19.05.2022.
— DSE/CSE Online