Finance News: Latest Financial News, Finance News today in Bangladesh

Trading on DSE mobile app creeping up

FE ReportShare trading through the Dhaka Stock Exchange (DSE) mobile app is on the rise as the number of active users of the application exceeded the 34,000-mark recently.The app's features include market and trading statistics in real time, company information, portfolio information and company news.The number of active users of...

Kattali Textile IPO subscription opens on Aug 28

FE ReportThe initial public offering (IPO) subscription period of Kattali Textile will start on August 28, according to DSE website.Applicants will be able to apply for the IPO subscription until September 13.The company will raise capital worth Tk 340 million (34 crore) by offloading 34 million shares at an offer...

Baraka Shikalbaha Power enters deal with BPDB

FE ReportThe Baraka Shikalbaha Power Limited (BSPL) has signed a power purchase agreement with the state-owned Bangladesh Power Development Board (BPDB), according to a disclosure made by the Baraka Power Limited.The agreement will help implement the HFO (Heavy Fuel Oil)-fired independent power producer (IPP) plant.The agreement was signed on August...

Buy intention

Mr. M.A. Rouf, one of the sponsor directors of Mutual Trust Bank Ltd, has expressed his intention to buy 300,000 shares of the company at the prevailing market price (in the public market) through the Dhaka Stock Exchange (DSE) within next 30 working days.

Janata Insurance AGM

The Janata Insurance Company Limited has confirmed that the 32nd AGM of the company will be held on September 04, 2018 at 11:00 am at Utsab Banquet Hall of Radisson Blu Dhaka Water Garden, Airport Road, Dhaka Cantonment, Dhaka-1206. Other information will remain unchanged.

Sale confirmation

Mr. Kamaluddin Ahmed, one of the sponsors of Social Islami Bank Limited, has reported that he has completed his sale of 500,000 shares of the company at the prevailing market price through stock exchanges as announced earlier.Ms. Rokia Afzal Rahman, one of the sponsors and directors (nominated director from MIDAS)...