Popular Life Ins board meet on June 9
A meeting of the board of directors of Popular Life Insurance Company Ltd awill be held on June 9, 2011 at 3:15pm to consider, among others, audited financial statements of the company for the year that ended on December 31, 2010.
Summit Power credits stock dividends
The authorities of Summit Power Limited have stated that they have credited the stock dividends to the respective shareholders' BO accounts.
BRAC Bank rated 'AA3'
The Credit Rating Agency of Bangladesh Limited (CRAB) has announced the surveillance rating of BRAC Bank Ltd as AA3 in the long term and ST-2 in the short term based on audited financial statements of the bank up to December 31, 2010 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Southeast Bank rated 'AA-'
The Credit Rating Information and Services Limited (CRISL) has rated Southeast 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.
Salvo Chemical discloses Q1 accounts
As per un-audited quarterly accounts for the 1st quarter that ended on March 31, 2011 (Jan'11 to March'11), Salvo Chemical Industry Limited has stated net profit after tax of Tk 27.85 million with basic EPS of Tk 0.81 as against Tk 7.84 million and Tk 0.56 respectively for the same period of the previous year. However, considering proposed bonus share at 5 per cent for the year that ended on December 31, 2010, restated basic EPS will be Tk 0.76 as on March 31, 2011 and Tk 0.49 as on March 31, 2010. It is to be noted that EPS has been calculated based on weighted average number of shares outstanding.
Offer to sell shares
Shahjalal Islami Bank: Nasima Akter, one of the sponsors/directors of Shahjalal Islami Bank Ltd, has expressed her willingness to sell 100,000 shares out of her total holdings of 6,934,460 shares of the bank at prevailing market price through stock exchange within next 30 working days.
BGIC: Mosahid Ali, one of the sponsors/directors of BGIC, has expressed his willingness to sell 39,500 shares out of his total holdings of 557,790 shares of the company at prevailing market price through stock exchange within next 30 working days.
A meeting of the board of directors of Popular Life Insurance Company Ltd awill be held on June 9, 2011 at 3:15pm to consider, among others, audited financial statements of the company for the year that ended on December 31, 2010.
Summit Power credits stock dividends
The authorities of Summit Power Limited have stated that they have credited the stock dividends to the respective shareholders' BO accounts.
BRAC Bank rated 'AA3'
The Credit Rating Agency of Bangladesh Limited (CRAB) has announced the surveillance rating of BRAC Bank Ltd as AA3 in the long term and ST-2 in the short term based on audited financial statements of the bank up to December 31, 2010 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Southeast Bank rated 'AA-'
The Credit Rating Information and Services Limited (CRISL) has rated Southeast 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.
Salvo Chemical discloses Q1 accounts
As per un-audited quarterly accounts for the 1st quarter that ended on March 31, 2011 (Jan'11 to March'11), Salvo Chemical Industry Limited has stated net profit after tax of Tk 27.85 million with basic EPS of Tk 0.81 as against Tk 7.84 million and Tk 0.56 respectively for the same period of the previous year. However, considering proposed bonus share at 5 per cent for the year that ended on December 31, 2010, restated basic EPS will be Tk 0.76 as on March 31, 2011 and Tk 0.49 as on March 31, 2010. It is to be noted that EPS has been calculated based on weighted average number of shares outstanding.
Offer to sell shares
Shahjalal Islami Bank: Nasima Akter, one of the sponsors/directors of Shahjalal Islami Bank Ltd, has expressed her willingness to sell 100,000 shares out of her total holdings of 6,934,460 shares of the bank at prevailing market price through stock exchange within next 30 working days.
BGIC: Mosahid Ali, one of the sponsors/directors of BGIC, has expressed his willingness to sell 39,500 shares out of his total holdings of 557,790 shares of the company at prevailing market price through stock exchange within next 30 working days.
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