Apex Tannery
recommends
30pc cash
dividend
The board of directors of Apex Tannery has recommended 30 per cent cash dividend for the year that ended on June 30, 2011. The annual general meeting (AGM) of the company will be held at Officers Club Dhaka, 26, Baily Road, Dhaka-1000 on September 29, 2011 at 10:00am. The record date is August 24, 2011. The authorities of the company have also stated earnings per share (EPS) of Tk 63.55, net asset value (NAV) per share of Tk 601.00 and Net Operating Cash Flow per share of Tk (44.80) for the year that ended on June 30, 2011.
MFs recommend no dividend
Popular Life First MF: The trustee committee of Popular Life First Mutual Fund has recommended no dividend for the first accounting period that ended on June 30, 2011. The trustee of the fund have stated net profit/(deficit) of Tk (5,499,200.00) with earnings/(loss) per unit of Tk (0.027) for the first accounting period that ended on June 30, 2011.
PHP First MF: The trustee committee of PHP First Mutual Fund has recommended no dividend for the first accounting period that ended on June 30, 2011. The authorities of the fund have stated net profit/(deficit) of Tk (97,661,712.00) with earnings/(loss) per unit of Tk (0.49) for the first accounting period that ended on June 30, 2011.
Islami Ins upgraded
The shares of Islami Insurance Bangladesh Limited will be placed in "A" category from existing "Z" category with effect from tomorrow (Tuesday) as the authorities of the company have confirmed disbursement of 20 per cent stock dividend for the year that ended on December 31, 2010.
Cos rated A1, A3, BBB2
Sandhani Life Ins: The Credit Rating Agency of Bangladesh Limited (CRAB) has announced the surveillance rating of Sandhani Life Insurance as A1 in the long-term based on audited financials and actuarial valuation report up to December 31, 2010 and other relevant information.
Asia Pacific General Ins: The CRAB has rated Asia Pacific General Insurance Co. Ltd. as A3 in the long-term and ST-3 in the short-term based on audited financial statements of the company up to December 31, 2010 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Takaful Islami Ins: The CRAB has rated Takaful Islami Insurance Limited as BBB2 in the long-term and ST-3 in the short-term based on audited financial statements of the company up to December 31, 2010 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
— DSE Online
recommends
30pc cash
dividend
The board of directors of Apex Tannery has recommended 30 per cent cash dividend for the year that ended on June 30, 2011. The annual general meeting (AGM) of the company will be held at Officers Club Dhaka, 26, Baily Road, Dhaka-1000 on September 29, 2011 at 10:00am. The record date is August 24, 2011. The authorities of the company have also stated earnings per share (EPS) of Tk 63.55, net asset value (NAV) per share of Tk 601.00 and Net Operating Cash Flow per share of Tk (44.80) for the year that ended on June 30, 2011.
MFs recommend no dividend
Popular Life First MF: The trustee committee of Popular Life First Mutual Fund has recommended no dividend for the first accounting period that ended on June 30, 2011. The trustee of the fund have stated net profit/(deficit) of Tk (5,499,200.00) with earnings/(loss) per unit of Tk (0.027) for the first accounting period that ended on June 30, 2011.
PHP First MF: The trustee committee of PHP First Mutual Fund has recommended no dividend for the first accounting period that ended on June 30, 2011. The authorities of the fund have stated net profit/(deficit) of Tk (97,661,712.00) with earnings/(loss) per unit of Tk (0.49) for the first accounting period that ended on June 30, 2011.
Islami Ins upgraded
The shares of Islami Insurance Bangladesh Limited will be placed in "A" category from existing "Z" category with effect from tomorrow (Tuesday) as the authorities of the company have confirmed disbursement of 20 per cent stock dividend for the year that ended on December 31, 2010.
Cos rated A1, A3, BBB2
Sandhani Life Ins: The Credit Rating Agency of Bangladesh Limited (CRAB) has announced the surveillance rating of Sandhani Life Insurance as A1 in the long-term based on audited financials and actuarial valuation report up to December 31, 2010 and other relevant information.
Asia Pacific General Ins: The CRAB has rated Asia Pacific General Insurance Co. Ltd. as A3 in the long-term and ST-3 in the short-term based on audited financial statements of the company up to December 31, 2010 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Takaful Islami Ins: The CRAB has rated Takaful Islami Insurance Limited as BBB2 in the long-term and ST-3 in the short-term based on audited financial statements of the company up to December 31, 2010 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
— DSE Online
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