03 February 2010 DSE News

Source: DSE

EXIMBANK:The Bank has informed that the Executive Committee of the Board of Directors of the Bank has decided to open 02 (two) Exchange Companies in New York, USA and Sydney, Australia under the name & style "EXIM Exchange (USA) Inc." and "EXIM Exchange (Australia) Ltd." respectively both as subsidiary company fully owned by Export Import Bank of Bangladesh Ltd. subject to approval of Regulatory Authorities and completion of all necessary formalities as soon as possible.

PARAMOUNT: The company has informed that Credit Rating Agency of Bangladesh (CRAB) has rated the company as "BBB3" in the long term and "ST-4" in the short term based on audited financial statements of the company for the year ended December 31, 2008

MONNOCERA: Mr. Rashid-ul Hasan, one of the Independent Directors of the company, has further reported that he has completed sale of his entire holdings of 1,000 shares of the company at prevailing market price through Stock Exchange as announced earlier



AGNISYSL: Worldwide Opportunity Fund (Cayman) Ltd., one of the corporate Sponsors/Directors of the company, has further reported that it has completed its sale of 1,50,000 shares of the company at prevailing market price through Stock Exchange as announced earlie

 FINEFOODS:Mr. Humayun Kabir Majumder, one of the Sponsors of the company, has further reported that he has completed sale of his entire holdings of 2,41,475 shares of the company at prevailing market price through Stock Exchange as announced earlier.

 PADMACEM:Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle from 04.02.10 to 16.02.10. Trading of the shares of the company will remain suspended on record date i.e. 17.02.10.

GULFOODS: As per un-audited half yearly accounts as on 31.12.09, the Company has reported net loss of Tk. (1.11) m. with EPS of Tk. (2.92) as against last year's half yearly of Tk. (0.40) m. and Tk. (1.05) respectively. Accumulated loss of the Company was Tk. (1.00) m. as on 31.12.09.

ULC: The company has informed that pursuant to the Regulation No. 30 of the Listing Regulations of the Dhaka Stock Exchange Limited, a meeting of the Board of Directors of the company will be held on Tuesday, February 9, 2010 at 3:00 p.m. for consideration of its accounts and appropriation for the year 2009.
AFTABAUTO:  The company has informed that the Board of Directors of the company has, on full subscription, allotted 1,80,00,000 fully convertible, 5% dividend, Preference Shares of Taka 100 .00 each amounting to Tk. 180,00,00,000.00 to subscribers thereof. These shares are expected to be credited to the BO Account of the concerned subscribers on 04.02.2010.

IDLC: The company has informed that the Board of Directors of the company has decided to form a separate fully owned subsidiary company for its merchant banking activities in the name and style "IDLC Investments Limited" subject to the approval of Regulatory Authorities. The newly formed company's authorized and paid-up capital would be Tk. 3.00 billion and Tk. 400 million, respectively.