Sunday, May 29, 2011

Market Disclosures

NCC Bank
Aslam-ul-Karim, one of the sponsors of the bank, has reported his intention to sell 70,000 shares out of his total holdings of 25,12,971 shares of the bank at prevailing market price through the stock exchange within next 30 working days.

Bextex
Trading of the shares of the company will remain suspended on record date today for EGM.

Beximco
Trading of the shares of the company will remain suspended on record date today for EGM.
Janata Insurance
Normal trading of the shares of the company will resume today after record date.

First Security Islami Bank
Trading of the shares of the bank will remain suspended on record date today.

Republic Insurance Company
Normal trading of the shares of the company will resume today after record date.

MIDAS Financing
The company has informed that the board of directors of MIDAS Financing Ltd and Micro Industries Development Assistance and Services in their meetings have decided in principle to merge MIDAS with MIDAS Financing Ltd, subject to approval of Bangladesh Bank and others regulatory bodies/authorities.

Salvo Chemical Industry
The board of directors has recommended 5 per cent stock dividend for the year ended on Decem-
ber 31, 2010. The AGM will be held on July 4 at 10:00am at Seagull of Mawna at Sreepur in Gazipur. Record date will be on June 15.

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