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News Briefs (2022-08-01)

FE Team | Published: July 31, 2022 22:17:10

News Briefs (2022-08-01)

Disbursement of dividend
SBAC Bank: South Bangla Agriculture & Commerce Bank Limited informed that it has disbursed the cash dividend for the year ended on December 31, 2021 to the respective shareholders.
Marico Bangladesh Ltd: The company has disbursed 1st interim cash dividend based on audited and approved annual financial statement for the year ended on March 31, 2022 to the respective shareholders.
Board meeting
GSP Finance Company (Bangladesh) Ltd: A board meeting of the company will be held on August 08, 2022 at 3:30 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2021.
Credit rating
IBBL2PBOND: Alpha Credit Rating Limited (AlphaRating) has rated IBBL 2nd Perpetual Mudaraba Bond as "AA+" along with a stable outlook based on audited financial statements of the company as on December 31, 2021 and relevant qualitative information till July 27, 2022.
Purchase of floor space
Federal Insurance Co. Ltd: The board of directors has decided to purchase floor space 2,150 sft (Flat No. 3-A) including common space at Suvastu Tower, 3rd floor, 69/1, Panthopath, Dhanmondi, Dhaka and one car parking at ground floor at a cost of BDT 2,40,00,000.00 (BDT 11,000.00 per sft + BDT 3,50,000.00 for utility) (excluding Registration fees, Tax, VAT and other related charges) for use of the company.
BSEC consent for raising capital
Paramount Textile Ltd: The company has informed that BSEC has provided the consent for raising capital of Tk. 150.00 Crore through issuance of 150,000,000 number of fully Redeemable, Non-convertible, Cumulative Preference Shares of Tk. 10/- each through Private Placement subject to compliance with the relevant laws and regulatory requirements.
Withdrawal of authorised representative
United Financial Trading Company Limited: The company (TREC NO. CSE 121043) has informed that they have withdrawn their authorised representative Abu Noor Mostofa Murad with immediate effect.
— DSE/CSE Online

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