Today’s News

Thursday, February 22, 2024

Feb 22, 2024

01:01 PM

IDLC

Notice for claiming of unclaimed cash and stock dividends

(Continuation news of IDLC): In compliance with the same, the company is notifying all the entitled shareholders to claim their respective portion of the unclaimed Cash and/or Stock Dividend with proper supporting documents on or before April 04, 2024, after which the company shall transfer those dividends to CMSF. (end)

Feb 22, 2024

01:01 PM

IDLC

Notice for claiming of unclaimed cash and stock dividends

According to BSEC Directive No. BSEC/CMRRCD/2021-386/03, dated January 14, 2021, and the Bangladesh Securities and Exchange Commission (Capital Market Stabilization Fund) Rules, 2021, dated June 01, 2021, any entitlement which remains unclaimed for a period of 3 (three) years from the date of approval or date of subscription, shall be transferred to the fund named "Capital Market Stabilization Fund (CMSF)". (cont.)

Feb 22, 2024

12:21 PM

LOVELLO

Sale confirmation of Managing Director

Mr. Md. Ekramul Haque, a Sponsor and also Managing Director of the Company, has further informed that he has completed his sale of 30,00,000 shares of the Company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated by DSE on 15.02.2024.

Feb 22, 2024

11:31 AM

TB20Y0830

Resumption after Record date

Trading of 20Y BGTB 25/08/2030 Government Securities will resume on 25.02.2024.

Feb 22, 2024

11:31 AM

TB20Y0229

Resumption after Record date

Trading of 20Y BGTB 25/02/2029 Government Securities will resume on 25.02.2024.

Feb 22, 2024

11:31 AM

TB20Y0831

Resumption after Record date

Trading of 20Y BGTB 24/08/2031 Government Securities will resume on 25.02.2024.

Feb 22, 2024

11:26 AM

TB20Y0230

Resumption after Record date

Trading of 20Y BGTB 24/02/2030 Government Securities will resume on 25.02.2024.

Feb 22, 2024

11:26 AM

TB20Y0231

Resumption after Record date

Trading of 20Y BGTB 23/02/2031 Government Securities will resume on 25.02.2024.

Feb 22, 2024

11:26 AM

TB2Y0325

Record date for entitlement of coupon payment

Record date for entitlement of coupon payment of 2Y BGTB 05/03/2025 Government Securities is 04.03.2024.

Feb 22, 2024

11:21 AM

SINGERBD

Resumption after Record date

Trading of the shares of the company will resume on 25.02.2024.

Feb 22, 2024

10:21 AM

GQBALLPEN

Declaration of share transfer by a Director

Mrs. Salma Huq, a Director of the company, has expressed her intention to transfer 34,500 shares of the company to her daughter Ms. Sana Huq (General Shareholder of the company), by way of gift outside the trading system of the Exchange within 30 working days with effect from January 21, 2024.

Feb 22, 2024

10:01 AM

SUMITPOWER

Price Limit Open

There will be no price limit on the trading of the shares of the company today (22.02.2024) following its corporate declaration.

Feb 22, 2024

10:01 AM

SUMITPOWER

Dividend Declaration

(Continuation news of SUMITPOWER): from the Profit Earned prior to the incorporation of the Company, if any, or doing anything so that the post Dividend Retained Earnings become negative or a debit balance. (end)

Feb 22, 2024

10:01 AM

SUMITPOWER

Dividend Declaration

(Continuation news of SUMITPOWER): local banks due to excessive delay in payment of bills from only off-taker, BPDB and lastly, increased foreign exchange loss on quarterly servicing of foreign currency project financing. The company has also informed that no dividend has been declared out of the Capital Reserve account, the Revaluation Reserve account, through reducing Paid-up Capital or through any Unrealised Gain or (cont.3)

Feb 22, 2024

10:01 AM

SUMITPOWER

Dividend Declaration

(Continuation news of SUMITPOWER): Krishibid Institution Bangladesh (KIB), Krishi Khamar Sarak, Khamarbari, Farmgate, Dhaka-1215. Reasons for decrease in EPS: There were three major reasons for decrease in EPS, due to global scenarios adversely effecting US dollar exchange rate and national forex reserves. First, the fuel cost was excess to fuel revenue on the account of adverse exchange rate. Second, increase of net finance expense arising out of working capital supports through (cont.2)

Feb 22, 2024

10:01 AM

SUMITPOWER

Dividend Declaration

The Board of Directors has recommended 10% Cash Dividend for the year ended June 30, 2023. The Company has also reported Consolidated EPS of Tk. 2.07, Consolidated NAV per share of Tk. 38.02 and Consolidated NOCFPS of Tk. 7.04 for the year ended June 30, 2023 as against Tk. 3.87, Tk. 35.72 and Tk. 5.91 respectively for the year ended June 30, 2022. Record Date: 14.03.2024. Date of AGM: 18.04.2024, Time: 11:30 AM, Venue: Hybrid System, Location of physical meeting: (cont.1)

Feb 22, 2024

10:01 AM

EXCH

Commencement of subs. to the units of Southeast Bank 1st Perpetual Bond

(Continuation of DSE NEWS): The registered Stockbroker's/Merchant Bankers shall upload the lists of application from General Public (GP) to ESS and shall deposit the full subscription amount in between February 27, 2024 to February 29, 2024 (during banking hour). Please visit the following website for subscription related updates: https://www.essbangladesh.com." (end)

Feb 22, 2024

10:01 AM

EXCH

Commencement of subs. to the units of Southeast Bank 1st Perpetual Bond

(Continuation of DSE NEWS): Participating EIs & GPs will be required to pay full subscription amount (100%) and subscription fee only for EIs is Tk. 3,000.00 (three thousand only) through UCB Bank PLC (A/C Name: Dhaka Stock Exchange Limited, A/C No.: 1511308000000016). (cont.2)

Feb 22, 2024

10:01 AM

EXCH

Commencement of subs. to the units of Southeast Bank 1st Perpetual Bond

"Commencement of subscription to the units of Southeast Bank 1st Perpetual Bond for both EIs & GPs: The subscription to the units of Southeast Bank 1st Perpetual Bond for both Eligible Investors (EIs) & General Public (GPs) through electronic subscription system of the stock exchanges will start from 10:00 a.m. of February 18, 2024 and continue till 4.30 p.m. of February 25, 2024. Minimum subscription amount is BDT 5,000 (or its multiples) and there is no maximum bar. (cont.1)

Feb 22, 2024

10:01 AM

KPPL

Inspection of the Factory premises & Head Office of the Company

A team of Dhaka Stock Exchange PLC. (DSE) visited the factory premises & head office of Khulna Printing & Packaging Limited on February 04, 2024 to inspect their current operational status and found closed.

Feb 22, 2024

10:01 AM

EXCH

Commencement of PP subscription of LB MULTI ASSET INCOME ETF by EI

(Cont. news of DSE NEWS): Please visit the following website for subscription related updates: https://www.essbangladesh.com. (end)

Feb 22, 2024

10:01 AM

EXCH

Commencement of PP subscription of LB MULTI ASSET INCOME ETF by EI

(Cont. news of DSE NEWS): Minimum subscription amount is BDT 100,000 and maximum amount would be BDT 500,000,000. Participating EIs will be required to pay full subscription amount (100%) and subscription fee of Tk. 3,000.00 (three thousand only) through United Commercial Bank PLC (A/C Name: Dhaka Stock Exchange Limited, A/C No.: 1511308000000016) in between 10:00 a.m. of February 12, 2024 to February 28, 2024 (during banking hour). (cont.2)

Feb 22, 2024

10:01 AM

EXCH

Commencement of PP subscription of LB MULTI ASSET INCOME ETF by EI

Commencement of private placement subscription of LB MULTI ASSET INCOME ETF by the Eligible Investors (EIs) through electronic subscription system: The private placement subscription of the first ever Exchange Traded Fund at DSE, namely "LB MULTI ASSET INCOME ETF" will start from 10:00 a.m. of February 12, 2024 and continue till 4:30 p.m. of February 28, 2024, by the registered Eligible Investors (EIs) through electronic subscription system of the stock exchanges. (cont.1)

Feb 22, 2024

10:01 AM

FAMILYTEX

Inspection of the factory and head office premises of the company

A team of Dhaka Stock Exchange Limited (DSE) visited the factory premises & head office of the company on September 27, 2023 & October 09, 2023 respectively to inspect their current operational status and found the factory closed. As well as, when the inspection team visited the head office located at House 127 (3rd Floor), Road 10, Block C, Niketon, Gulshan- 1, Dhaka (as provided by the company), it was found that the head office is being used by another company named Olila Glass Industries Ltd.

Feb 22, 2024

10:01 AM

USMANIAGL

Inspection of the factory premises of the company

A team of Dhaka Stock Exchange Limited (DSE) visited the factory premises of Usmania Glass Sheet Factory Limited on September 26, 2023. During the visit, the inspection team found that the operation of the Company was closed.

Feb 22, 2024

10:01 AM

REGENTTEX

Inspection of the factory premises of the company

A team of Dhaka Stock Exchange Limited (DSE) visited the factory premises of Regent Textile Mills Limited on September 26, 2023. During the visit, the inspection team found that the operation of the Company was closed.

Feb 22, 2024

10:01 AM

DULAMIACOT

Inspection of the factory premises of the company

A team of Dhaka Stock Exchange Limited (DSE) visited the factory of Dulamia Cotton Spinning Mills Limited on September 24, 2023 for inspection on their current operational status. The team could not enter into the factory of the company and could not perform the aforesaid inspection since the factory was fully closed and sealed.

Feb 22, 2024

10:01 AM

NORTHERN

Inspection of the factory premises and head office

(Continuation news of NORTHERN): As well as, when visited the head office located in Dhaka, it was found that the head office premises has been using by OMC Limited. (end)

Feb 22, 2024

10:01 AM

NORTHERN

Inspection of the factory premises and head office

A team of Dhaka Stock Exchange Limited (DSE) visited the factory premises on September 4, 2023 and head office on September 5, 2023 of Northern Jute Manufacturing Company Limited for inspection on their current operational status. The team could not enter into the factory premises of the company and could not perform the aforesaid inspection since the factory premises was fully closed. (cont.)

Feb 22, 2024

10:01 AM

EXCH

Awareness message

DSENEWS: All Stock Dealers, Stock Brokers and Authorized Representatives are asked to strictly follow the code of conduct as enumerated in the Second Schedule to the Securities and Exchange Commission (Stock Dealer, Stock Broker and Authorized Representative) Rules, 2000.

Feb 22, 2024

10:01 AM

EXCH

Awareness Message for Investors

(Continuation of DSE News): If anyone spreads information based on rumor, using patent of DSE, he/she will be held liable under Copyright Act, 2000 and it shall be treated as punishable offence under Section-17 of the Securities and Exchange Ordinance, 1969. (end)

Feb 22, 2024

10:01 AM

EXCH

Awareness Message for Investors

DSE does not publish market data through any social media pages. INVESTORS should not rely on any information from an unauthorized source such as Facebook, WhatsApp, Viber, Linkedin etc. (cont.)

Feb 22, 2024

10:01 AM

REGL

Awareness Message for Investors

(Continuation of BSEC News - Awareness Message for Investors) 3. Do not pay any heed to rumors at the time of trading shares; it may cause loss to you. Even spreading rumor is legally prohibited. (Ref.: SEC letter no. SEC/SRMIC/2010/726 dated November 23, 2010). (end)

Feb 22, 2024

10:01 AM

REGL

Awareness Message for Investors

Investors are requested to consider the following facts at the time of making investment decision in the Capital Market: 1. Without acquiring proper knowledge, information and experience regarding different aspects and matters of Capital Market, one should not invest in the Capital Market. 2. The gain or loss, whichever comes from the investment, it belongs to you. So, well - thought of investment decision based on knowledge and fundamentals of the securities may be real assistance to you. (cont.)

Feb 22, 2024

10:01 AM

EXCH

Greetings Message

Honorable Investors, Good morning! Please make your investment decision based on Company fundamentals, technical analysis, price level and disclosed information. Avoid rumor-based speculations.

Feb 22, 2024

01:01 PM

IDLC

Notice for claiming of unclaimed cash and stock dividends

(Continuation news of IDLC): In compliance with the same, the company is notifying all the entitled shareholders to claim their respective portion of the unclaimed Cash and/or Stock Dividend with proper supporting documents on or before April 04, 2024, after which the company shall transfer those dividends to CMSF. (end)

Feb 22, 2024

01:01 PM

IDLC

Notice for claiming of unclaimed cash and stock dividends

According to BSEC Directive No. BSEC/CMRRCD/2021-386/03, dated January 14, 2021, and the Bangladesh Securities and Exchange Commission (Capital Market Stabilization Fund) Rules, 2021, dated June 01, 2021, any entitlement which remains unclaimed for a period of 3 (three) years from the date of approval or date of subscription, shall be transferred to the fund named "Capital Market Stabilization Fund (CMSF)". (cont.)

Feb 22, 2024

10:01 AM

SUMITPOWER

Dividend Declaration

(Continuation news of SUMITPOWER): from the Profit Earned prior to the incorporation of the Company, if any, or doing anything so that the post Dividend Retained Earnings become negative or a debit balance. (end)

Feb 22, 2024

10:01 AM

SUMITPOWER

Dividend Declaration

(Continuation news of SUMITPOWER): local banks due to excessive delay in payment of bills from only off-taker, BPDB and lastly, increased foreign exchange loss on quarterly servicing of foreign currency project financing. The company has also informed that no dividend has been declared out of the Capital Reserve account, the Revaluation Reserve account, through reducing Paid-up Capital or through any Unrealised Gain or (cont.3)

Feb 22, 2024

10:01 AM

SUMITPOWER

Dividend Declaration

(Continuation news of SUMITPOWER): Krishibid Institution Bangladesh (KIB), Krishi Khamar Sarak, Khamarbari, Farmgate, Dhaka-1215. Reasons for decrease in EPS: There were three major reasons for decrease in EPS, due to global scenarios adversely effecting US dollar exchange rate and national forex reserves. First, the fuel cost was excess to fuel revenue on the account of adverse exchange rate. Second, increase of net finance expense arising out of working capital supports through (cont.2)

Feb 22, 2024

10:01 AM

SUMITPOWER

Dividend Declaration

The Board of Directors has recommended 10% Cash Dividend for the year ended June 30, 2023. The Company has also reported Consolidated EPS of Tk. 2.07, Consolidated NAV per share of Tk. 38.02 and Consolidated NOCFPS of Tk. 7.04 for the year ended June 30, 2023 as against Tk. 3.87, Tk. 35.72 and Tk. 5.91 respectively for the year ended June 30, 2022. Record Date: 14.03.2024. Date of AGM: 18.04.2024, Time: 11:30 AM, Venue: Hybrid System, Location of physical meeting: (cont.1)