News Briefs01-01-2022

Category change

Silva Pharmaceuticals Limited: The company will be placed in "B" category from existing "A" category with effect from 2 January 2022 as the company has approved 5 per cent cash dividend for shareholders excluding the sponsors/directors (except ICB) for the year ended on June 30, 2021.

Bangas: The company has been placed in 'B' category from existing 'A' category with effect from January 02, 2022 as the company has approved 4 per cent cash dividend for the year ended on June 30, 2021.

GQ Ball Pen: The company has been placed in 'B' category from existing 'A' category with effect from January 02, 2022 as the company has approved 5 per cent cash dividend for general shareholders excluding sponsors/directors for the year ended on June 30, 2021.

Bonus shares credited

ACI Formulations Limited: The bonus shares of the company for the year ended on June 30, 2021 have already been credited through CDBL to the respective shareholders' BO accounts.

Extension of

suspension of trading

Beximco Synthetics: Referring to the earlier news disseminated on 15.12.2021 regarding suspension of trading of shares of Beximco Synthetics Ltd, the suspension period of trading of shares of the company has been extended for further period of 15 days effective from January 01, 2022 as per Section 9(8) of the Securities and Exchange Ordinance, 1969.

Spot trading

APSCLBOND: Trading of the units of APSCL Non-Convertible and Fully Redeemable Coupon Bearing Bond will be allowed only in the spot market from 02.01.2022 to 03.01.2022 as the record date of the bond is on 04.01.2022 for Annual Profit.

Change of

dividend mode

Dragon Sweater & Spinning Ltd: The board of directors and shareholders of the company has approved 5 per cent cash dividend for all shareholders except sponsor directors and 5 per cent stock dividend for all shareholders instead of earlier declared 10 per cent stock dividend for the year ended June 30, 2021 in their 22nd AGM which was held on December 29, 2021.

Credit rating

AB Bank: ARGUS Credit Rating Services Limited (ACRSL) has announced the rating of AB Bank Limited as "AA-" for long term and "ST-2" for short term in consideration of financials of the company up to December 31, 2020 (audited), Q3FY21 (unaudited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.

— DSE/CSE Online