UPDATED NEWS @ DSE

PEOPLEINS:
Begum Lutfunnesa, one of the Sponsors of the Company, has reported her intention to sell 1,00,000 shares out of her total holdings of 3,00,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

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.

UNIONCAP:
Engr. M Abu Taher, one of the Sponsors/Directors of the company, has reported his intention to sell 2,00,000 shares out of his total holdings of 18,04,365 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

MTBL:
Mr. Waliur Rahman, one of the Sponsors/Directors of the Bank, has reported his intention to sell 6,000 shares out of his total holdings of 89,914 shares of the Bank at prevailing market price through Stock Exchange within 30 working days.

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.

POPULARLIFE:
1. The Company has informed that the Board of Directors of the company has decided to purchase 14,400 sft. floor space with five car parking at Shell Zohura (4th & 5th Floor), Chowmahoni, Agrabad, Chittagong at total price amounting to Tk. 7.65 crore approximately only.

2.There will be no price limit on the trading of the shares of the Company today (12.06.11) following its corporate declaration.

3The Board of Directors has recommended Stock dividend @ 37% for the year ended on December 31, 2010. Date of AGM: 03.08.2011, Time: 11:30 AM, Venue: Institution of Diploma Engineers, Bangladesh, 160/A, Kakrail, Dhaka. Record Date: 23.06.2011.