NCC Bank gets permission to establish exchange houses
The authorities of NCC Bank Limited have stated that Bangladesh Bank vide its letter dated June 13, 2011 has accorded its approval for establishment of two branches of a 100 per cent owned subsidiary/exchange company of National Credit and Commerce Bank Ltd. in London and Birmingham in the name and & style "NCCB Exchange (UK) Limited" (proposed), with paid up capital of GBP 3,00,000.00 or equivalent foreign currency, subject to regulatory compliance of Regulatory & Monitory Authority of the United Kingdom.
Stock dividends credited
Peoples Ins: The authorities of Peoples Insurance have stated that they have credited the stock dividend for the year that ended on December 31, 2010 to the respective shareholders' BO Accounts. The authorities have also requested the shareholders concerned to collect the sale proceeds (stock dividend warrants) against their fractional bonus share and cash dividend warrant from June 20, 2011 during business hour from the head office of the company at Peoples Insurance Bhaban (15th Floor), 36, Dilkusha C/A, Dhaka-1000.
United Ins: The authorities of United Insurance have stated that they have credited the bonus shares to the respective shareholders' BO Accounts.
Suspension/resumption of trading
Salvo Chemical: Trading of the shares of Salvo Chemical Industry Limited will remain suspended on record date today (Wednesday).
GQ Ball Pen: Normal trading of the shares of GQ Ball Pen will resume today (Wednesday) after record date.
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 1,00,000 shares out of her total holdings of 66,34,460 shares of the bank at prevailing market price through stock exchange within next 30 working days.
Continental Ins: Mr Mohd Jahangir Hussain, one of the sponsors/directors of Continental Insurance Ltd., has expressed his willingness to sell 4,000 shares out of his total holdings of 62,976 shares of the company at prevailing market price through stock exchange within next 30 working days.
NCC Bank: Mr Minhaz Kamal Khan, one of the sponsors of NCC Bank Limited, has expressed his willingness to sell 15,000 shares out of his total holdings of 7,62,834 shares of the bank at prevailing market price through stock exchange within next 30 working days.
—DSE Online
The authorities of NCC Bank Limited have stated that Bangladesh Bank vide its letter dated June 13, 2011 has accorded its approval for establishment of two branches of a 100 per cent owned subsidiary/exchange company of National Credit and Commerce Bank Ltd. in London and Birmingham in the name and & style "NCCB Exchange (UK) Limited" (proposed), with paid up capital of GBP 3,00,000.00 or equivalent foreign currency, subject to regulatory compliance of Regulatory & Monitory Authority of the United Kingdom.
Stock dividends credited
Peoples Ins: The authorities of Peoples Insurance have stated that they have credited the stock dividend for the year that ended on December 31, 2010 to the respective shareholders' BO Accounts. The authorities have also requested the shareholders concerned to collect the sale proceeds (stock dividend warrants) against their fractional bonus share and cash dividend warrant from June 20, 2011 during business hour from the head office of the company at Peoples Insurance Bhaban (15th Floor), 36, Dilkusha C/A, Dhaka-1000.
United Ins: The authorities of United Insurance have stated that they have credited the bonus shares to the respective shareholders' BO Accounts.
Suspension/resumption of trading
Salvo Chemical: Trading of the shares of Salvo Chemical Industry Limited will remain suspended on record date today (Wednesday).
GQ Ball Pen: Normal trading of the shares of GQ Ball Pen will resume today (Wednesday) after record date.
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 1,00,000 shares out of her total holdings of 66,34,460 shares of the bank at prevailing market price through stock exchange within next 30 working days.
Continental Ins: Mr Mohd Jahangir Hussain, one of the sponsors/directors of Continental Insurance Ltd., has expressed his willingness to sell 4,000 shares out of his total holdings of 62,976 shares of the company at prevailing market price through stock exchange within next 30 working days.
NCC Bank: Mr Minhaz Kamal Khan, one of the sponsors of NCC Bank Limited, has expressed his willingness to sell 15,000 shares out of his total holdings of 7,62,834 shares of the bank at prevailing market price through stock exchange within next 30 working days.
—DSE Online
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