12-06-11: Companies News

BRACBANK:

The Bank has informed that the Share Department of the Bank has been relocated at Head Office, Anik Tower (1st floor), 220/B, Tajgaon I/A, Dhaka-1208.

ALARABANK:

The Bank has informed that the Board of Directors of the Bank has re-elected Janab Badiur Rahman as Chairman and Janab Sarker Mohammad Shameem Iqbal as Vice Chairman of the Bank with immediate effect.

PRIMEBANK:

Mr. Mafiz Ahmed Bhuiyan, one of the Sponsors/Directors of the Bank, has reported his intention to transfer 25,00,000 shares out of his total holdings of 1,26,20,151 shares of the Bank to his wife Mrs. Mahanur Ummel Ara by way of gift outside the trading system of the Exchange by today (12.06.11).

SHAHAJABANK:

The Credit Rating Information and Services Limited (CRISL) has rated the Bank as "AA" in the long term and "ST-2" in the short term in consideration of financials of the Bank up to December, 2010 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

NBL:

The Bank has informed that NBL Capital and Equity Management Limited, a subsidiary company of National Bank Limited has got a full fledged Merchant Banker Registration Certificate Bearing No. MB-66/2011 from the Securities and Exchange Commission on 9th June 2011.

DESCO:

The Company has informed that the Board of Directors of the company has approved purchase of RAJUK Commercial Plot no. 91 & 93 measuring more or less 20 kathas located at Uttara Model Town, Dhaka at a cost of Tk. 25.00 crore only for construction of its Head Office Building.