News Briefs 23-10-2021

CAPM declares Unit Fund NAV

CAPM Company Limited has declared the Net Asset Value (NAV) of CAPM Unit Fund. The total NAV of CAPM Unit Fund stood at Tk 152,470,387.19 on the basis of cost price and Tk 172,233,249.91 on the basis of market price at the close of the operations on October 21. The NAV per unit at cost price and market price of the fund are Tk 111.99 and Tk 126.51 respectively against the face value of Tk 100 per unit. Per unit subscription and surrender prices of the CAPM Unit Fund have been re-fixed at Tk 126.51 and Tk 126.11 respectively. The prices will remain valid from 24 October, 2021 until announcement of the next NAV.

— Statement

Board meetings

Simtex Industries Ltd: A board meeting of the company will be held on October 28, 2021 at 4:00 PM to consider, among others, audited financial statements of the company for the year ended on June 30, 2021.

Ratanpur Steel Re-Rolling Mills Ltd: A board meeting of the company will be held on October 30, 2021 at 4:00 PM to consider, among others, audited financial statements of the company for the year ended on June 30, 2021.

Union Capital Limited: A board meeting of the company will be held on October 28, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the company for the third quarter period ended on September 30, 2021.

Meghna Life Insurance Co. Ltd: A board meeting of the company will be held on October 28, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the company for the third quarter period ended on September 30, 2021.

Bangladesh General Insurance Company Ltd: A board meeting of the company will be held on October 30, 2021 at 10:00 AM to consider, among others, un-audited financial statements of the company for the third quarter period ended on September 30, 2021.

Sale and buy intention

Mercantile Insurance Company: Mr. M. Kamal Uddin, one of the sponsor directors of Mercantile Insurance Company Limited, has reported his intention to sell his entire holding of 8,62,400 shares (in the Block Market) whereas Mr. Shajjad Mustafa another Director of the company has expressed his intention to buy 8,62,400 shares at prevailing market price (in the Block Market) through Stock Exchange (DSE) within October 31, 2021.

— DSE/CSE Online