Today’s News

Tuesday, November 29, 2022

Nov 29, 2022

10:32 AM

EXCH

Daily Turnover

Today's (29.11.2022) Total Trades: 85,467; Volume: 47,987,841 and Turnover: Tk. 3,340.374 million.

Nov 29, 2022

10:32 AM

HAM

Withdrawal of Authorized Representative

Withdrawal of Authorized Representative: HAC Securities Limited. (DSE TREC No. 74) has withdrawn one of its Authorized Representatives, Mr. Rakhal Chandra Paul with immediate effect.

Nov 29, 2022

10:32 AM

EPS

Withdrawal of Authorized Representative

Withdrawal of Authorized Representative: BRAC EPL Stock Brokerage Ltd. (DSE TREC No. 11) has withdrawn one of its Authorized Representatives, Mr. Shaibal Chowdhury with immediate effect.

Nov 29, 2022

10:32 AM

AMC

Withdrawal of Authorized Representatives

Withdrawal of Authorized Representatives: Al-Muntaha Trading Co. Ltd. (DSE TREC No. 49) has withdrawn three of its Authorized Representatives, i) Mr. Mohammed Rezaul Karim, ii) Mr. Shyan Bin Rahim, and iii) Mr. Maksidul Hasan with immediate effect.

Nov 29, 2022

08:09 AM

TB2Y0624

Record date for entitlement of coupon payment

Record date for entitlement of coupon payment of 02 Y BGTB 08/06/2024 Government Securities is 07.12.2022.

Nov 29, 2022

07:54 AM

TB20Y0532

Resumption after Record date

Trading of 20Y BGTB 30/05/2032 Government Securities will resume on 30.11.2022 after record date.

Nov 29, 2022

07:54 AM

ATLASBANG

Resumption after record date

Trading of the shares of the Company will resume on 30.11.2022 after record date.

Nov 29, 2022

07:49 AM

GOLDENSON

Resumption after record date

Trading of the shares of the Company will resume on 30.11.2022 after record date.

Nov 29, 2022

07:49 AM

MHSML

Resumption after record date

Trading of the shares of the Company will resume on 30.11.2022 after record date.

Nov 29, 2022

07:49 AM

HFL

Resumption after record date

Trading of the shares of the Company will resume on 30.11.2022 after record date.

Nov 29, 2022

07:49 AM

BDSERVICE

Suspension for Record date

Trading of the shares of the Company will remain suspended on record date i.e., 30.11.2022.

Nov 29, 2022

07:49 AM

KBPPWBIL

Suspension for Record date

Trading of the shares of the Company will remain suspended on record date i.e., 30.11.2022.

Nov 29, 2022

07:49 AM

POWERGRID

Suspension for Record date

Trading of the shares of the Company will remain suspended on record date i.e., 30.11.2022.

Nov 29, 2022

07:49 AM

DSSL

Suspension for Record date

Trading of the shares of the Company will remain suspended on record date i.e., 30.11.2022.

Nov 29, 2022

07:49 AM

NTLTUBES

Suspension for Record date

Trading of the shares of the Company will remain suspended on record date i.e., 30.11.2022.

Nov 29, 2022

07:49 AM

PREMIERLEA

Suspension for Record date

Trading of the shares of the Company will remain suspended on record date i.e., 30.11.2022.

Nov 29, 2022

07:49 AM

SAMORITA

Suspension for Record date

Trading of the shares of the Company will remain suspended on record date i.e., 30.11.2022.

Nov 29, 2022

07:44 AM

AOL

Suspension for Record date

Trading of the shares of the Company will remain suspended on record date i.e., 30.11.2022.

Nov 29, 2022

07:44 AM

TOSRIFA

Suspension for Record date

Trading of the shares of the Company will remain suspended on record date i.e., 30.11.2022.

Nov 29, 2022

07:44 AM

JHRML

Suspension for Record date

Trading of the shares of the Company will remain suspended on record date i.e., 30.11.2022.

Nov 29, 2022

07:44 AM

VAMLBDMF1

Spot News

Trading of the units of the Fund will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 30.11.2022 to 01.12.2022. Trading of the units of the Fund will remain suspended on record date i.e., 04.12.2022.

Nov 29, 2022

07:44 AM

ORIONPHARM

Spot News

Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 30.11.2022 to 01.12.2022. Trading of the shares will remain suspended on record date i.e., 04.12.2022 for EGM and AGM.

Nov 29, 2022

07:44 AM

ORIONINFU

Spot News

Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 30.11.2022 to 01.12.2022. Trading of the shares will remain suspended on record date i.e., 04.12.2022.

Nov 29, 2022

07:44 AM

SALVOCHEM

Spot News

Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 30.11.2022 to 01.12.2022. Trading of the shares will remain suspended on record date i.e., 04.12.2022.

Nov 29, 2022

07:34 AM

FUWANGCER

Qualified Opinion

(Continuation news of FUWANGCER): were not available to us for our verification. Refer to Note No. 7: An amount of Tk. 13,331,551 receivable from Hua-Thai Ceramic Industry Ltd. included in Trade and Other Receivable of Tk. 67,992,411 carried forwarded since long. However, the company did not create any provision in this regard as required by IAS 37. (end)

Nov 29, 2022

07:34 AM

FUWANGCER

Qualified Opinion

(Continuation news of FUWANGCER): Spare Parts and Packing Materials of Tk. 779,384,748, Tk. 45,200,513 and Tk. 39,899,796 respectively were purchased during the year remained unverified due to lack of sufficient supporting documents. Refer to Note No. 10.02: Cash at Bank reported in the statement of financial position of Tk. 4,577,403 with twenty-one (21) bank accounts from which two (2) bank statements containing balance of Tk. 47,475 (cont.2)

Nov 29, 2022

07:34 AM

FUWANGCER

Qualified Opinion

The auditor of the Fu-Wang Ceramic Industries Ltd. has given the "Qualified Opinion" paragraph in the Auditor's Report for the year ended June 30, 2022. Basis for Qualified Opinion: Refer to Note No. 06: We could not verify inventories of Tk. 1,834,695,807 due to lack of proper schedule/documents/reports and haphazard position of inventories as on 30 June 2022. Refer to Note No. 24.00, 24.01.01 & 24.02.01: Raw Materials, (cont.1)

Nov 29, 2022

07:34 AM

CONFIDCEM

Qualified Opinion

(Continuation news of CONFIDCEM): the Company required to transfer the unclaimed dividend remained unpaid for three (3) years or more to Bangladesh Securities and Exchange Commission (Capital Market Stabilization Fund). The company has not yet transferred Tk. 79,135,305 unclaimed dividend to the abovementioned fund.(end)

Nov 29, 2022

07:34 AM

CONFIDCEM

Qualified Opinion

The auditor of the Confidence Cement Ltd. has given the "Qualified Opinion" paragraph in the Auditor's Report for the year ended June 30, 2022. Basis for Qualified Opinion: The Company's Unclaimed Dividend carried at Tk. 94,670,346 as on 30 June 2022 under note: 23 to the financial statements. As per notification no- BSEC/CMRRCD/2021-391/20/Admin/121 dated 14 January 2021 (cont.)

Nov 29, 2022

07:34 AM

HAKKANIPUL

Update of Information

The Company has requested the concerned brokerage house/merchant bank to send the detailed data of the shareholders as on the record date (shareholder's Name, BO Number, e-TIN, Shareholders position etc.) relating to margin loan to the email compliancehppml@gmail.com by December 10, 2022 followed by hard copy to receive cash dividend in their favor. Otherwise the cash dividend will be deposited to shareholder's account.

Nov 29, 2022

07:24 AM

ALIF

Special resolution regarding utilization of Right Share Issue fund

(Continuation news of ALIF): as per condition on 19 of BSEC/CI/RI-111/2017/697 "Approval of Right Share" is do and here by approved. It has been resolved further that utilization time of Right Share Issue (RI) proceeds has been extended up to December 31, 2022. (end)

Nov 29, 2022

07:24 AM

ALIF

Special resolution regarding utilization of Right Share Issue fund

The company has informed that the board of directors has decided to place an agenda, among others, as special resolution for approval of shareholders in 27th AGM. Special Resolution: It has been resolved that the revised Utilization of Right Share Issue fund (which has been already utilized) is do and hereby approved and the revised right share issue fund utilization shall be sent to BSEC for approval (cont.)

Nov 29, 2022

05:14 AM

BBS

Credit Rating Result

Credit Rating Information and Services Limited (CRISL) has rated the Company as "A+" in the long term and "ST-3" in the short term along with a stable outlook based on audited financial statements of the Company as on June 30, 2022 ,unaudited financial statements as on September 30, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

Nov 29, 2022

04:24 AM

EXIMBANK

Revaluation of immovable fixed assets

(Continuation news of EXIMBANK): Overall immovable fixed assets decreased from Tk. 5,581,570,108.00 to Tk. 4,128,881,150.00 i.e. Tk. 1,452,688,958.00 will be accounted for in the Books of the Bank subject to observing applicable formalities. (end)

Nov 29, 2022

04:24 AM

EXIMBANK

Revaluation of immovable fixed assets

The Company has informed that the Board of Directors has accepted the revaluation of immovable fixed assets of the company have been revaluated by MRH Dey and Co., Chartered Accountants based on book value as of October 19, 2022. The Book Value of Land decreased from Tk. 3,544,460,503.00 to Tk. 2,841,439,000.00, Building and Construction decreased from Tk. 1,824,198,843.00 to Tk. 1,082,962,150.00 and Leasehold Properties decreased from Tk. 212,910,762.00 to Tk. 204,480,000.00 (Cont.)

Nov 29, 2022

04:04 AM

ALIF

Change of AGM Date

The Company has further informed that the AGM of the Company will be held on December 24, 2022 at 3:30 PM instead of earlier declared date December 29, 2022 at 3:00 PM. Other information of the AGM will remain unchanged.

Nov 29, 2022

04:04 AM

AIL

Change of AGM Date

The Company has further informed that the AGM of the Company will be held on December 24, 2022 at 2:30 PM instead of earlier declared date December 29, 2022 at 2:30 PM. Other information of the AGM will remain unchanged.

Nov 29, 2022

04:04 AM

GHCL

Price Limit Open

There will be no price limit on the trading of the shares of the Company today (29.11.2022) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.

Nov 29, 2022

04:04 AM

GHCL

Dividend Declaration

(Continuation news of GHCL): due to deficiency in Gas supply and being unable to recover operating fixed costs like depreciation, labour cost, finance cost etc. NOCFPS has been decreased compared to previous year as net cash generation from operation has reduced due to increase of payments to suppliers and financial expenses. (end)

Nov 29, 2022

04:04 AM

GHCL

Dividend Declaration

(Continuation news of GHCL): The Company has also reported EPS of Tk. (1.57), NAV per share of Tk. 53.68 and NOCFPS of Tk. (0.50) for the year ended June 30, 2022 as against Tk. 0.34, Tk. 54.65 and Tk. 0.41 respectively for the same period of the previous year. Reasons for deviation in EPS and NOCFPS: EPS has been reduced as sales have decreased during the year compared to previous year (cont.2)

Nov 29, 2022

04:04 AM

GHCL

Dividend Declaration

The Board of Directors has recommended 2% cash dividend to shareholders except the directors for the year ended June 30, 2022. The Directors hold 49,395,000 shares of the Company out of total 72,000,000 shares and the cash dividend payable to the general shareholders is Tk. 45,21,000.00. Date of AGM: 31.12.2022, Time: 11:00 AM, Venue: Digital Platform. Record Date: 18.12.2022. (cont.1)

Nov 29, 2022

04:04 AM

EXCH

Commencement of ES of Islami Commercial Insurance Co. Ltd. by GP

(Continuation of DSENEWS): from November 27, 2022 to November 29, 2022 (during banking hour) from their consolidated customers' account based on total submitted application. Exchanges shall send the list of BO accounts who have applied in the IPO to the CDBL and CDBL shall verify the list of BO accounts provided by the Exchanges regarding investment of general applicants in listed securities. Please visit the following website for subscription related updates: https://www.essbangladesh.com. (end)

Nov 29, 2022

04:04 AM

EXCH

Commencement of ES of Islami Commercial Insurance Co. Ltd. by GP

(Continuation of DSENEWS): maximum amount allowed for subscription for General Public would be BDT 10,000 (ten thousand only). The registered TREC Holders/Merchant bankers have to upload the IPO application file of General Public in the Electronic Subscription System (ESS) from 9:00 AM of November 27, 2022 to 4:00 PM of November 29, 2022 and make the full payment to DSE through Mercantile Bank Limited (A/C Name: Dhaka Stock Exchange Limited, A/C No.: 135413134079404) (cont. 3)

Nov 29, 2022

04:04 AM

EXCH

Commencement of ES of Islami Commercial Insurance Co. Ltd. by GP

(Continuation of DSENEWS): be BDT 50,000 (fifty thousand only) and for Non-resident Bangladeshi (NRB) will be BDT 100,000 (one lakh only) as on November 10, 2022 (day-end) in matured listed securities including open end mutual funds at market price (between the close price of both Exchanges whichever is higher) which is in accordance with the BSEC consent letter to Islami Commercial Insurance Company Limited Ref: BSEC/CI/IPO-330/2022/1022 dated October 18, 2022. Minimum and (cont. 2)

Nov 29, 2022

04:04 AM

EXCH

Commencement of ES of Islami Commercial Insurance Co. Ltd. by GP

Commencement & closure of subscription of Islami Commercial Insurance Company Limited by General Public and upload the IPO application file and deposit the full subscription amount of General Public in the ESS by TREC Holders of DSE & CSE and Merchant Bankers: The subscription for shares of Islami Commercial Insurance Company Limited will be started from November 20, 2022 and continued till November 24, 2022. Minimum required investment for General Public (RB) will (cont.1)

Nov 29, 2022

04:04 AM

EXCH

Commencement of ES of Islami Commercial Insurance Co. Ltd. by EIs

(Continuation of DSENEWS): compliance in this regard. Participating EIs will be required to pay full subscription amount (100%) and subscription fee Tk. 3,000 (three thousand only) through Mercantile Bank Limited (A/C Name: Dhaka Stock Exchange Limited, A/C No.: 135413134079404) in between 9:00 a.m. of November 20, 2022 to 1:30 p.m. of November 24, 2022 (during banking hour). Please visit the following website for subscription related updates: https://www.essbangladesh.com. (end)

Nov 29, 2022

04:04 AM

EXCH

Commencement of ES of Islami Commercial Insurance Co. Ltd. by EIs

(Continuation of DSENEWS): 2(1)(e) of the Bangladesh Securities and Exchange Commission (Public Issue) Rules, 2015; which is in accordance with the BSEC consent letter to Islami Commercial Insurance Company Limited Ref: BSEC/CI/IPO-330/2022/1022 dated October 18, 2022. The Central Depository Bangladesh Limited (CDBL) shall send a report to the exchange regarding the holding of EIs in the matured listed securities and the exchange shall ensure the (cont. 3)

Nov 29, 2022

04:04 AM

EXCH

Commencement of ES of Islami Commercial Insurance Co. Ltd. by EIs

(Continuation of DSENEWS): Investor (EI) who intends to submit application through the Electronic Subscription System (ESS) of the exchange(s) shall maintain a minimum investment of BDT 15,000,000 (one crore fifty lakh only) for approved pension funds, recognized provident funds and approved gratuity funds and other Els of BDT 30,000,000 (three crore only) at market price in listed securities including open end mutual funds as on November 10, 2022 (day-end) as per Rule (cont. 2)

Nov 29, 2022

04:04 AM

EXCH

Commencement of ES of Islami Commercial Insurance Co. Ltd. by EIs

Commencement of electronic subscription of Islami Commercial Insurance Company Limited through electronic subscription system under fixed price method: The subscription for shares of Islami Commercial Insurance Company Limited by the eligible investors through electronic subscription system of the stock exchanges under fixed price method will be started from 9:00 a.m. of November 20, 2022 and continued till 4:00 p.m. of November 24, 2022 (round the clock). Each Eligible (cont.1)

Nov 29, 2022

04:04 AM

EXCH

Extension of PO subscription portion of per. bond of AB Bank Limited

Extension of public offer subscription portion of perpetual bond of AB Bank Limited upto December 30, 2022: BSEC has extended the consent validity and subscription period of public offer portion of BDT 60.00 crore of transferrable, unsecured, non-cumulative, contingent-convertible perpetual bond of AB Bank Limited upto December 30, 2022. Please visit the following website for further update in this regard: https://www.essbangladesh.com.

Nov 29, 2022

04:04 AM

EXCH

Compliances and Awareness for Alert to Covid - 19

(continuation news of DSENEWS): (6) Arrangement of hand sanitizer every time to enter office premise (employees, clients and visitors), (7) Arrangement of mask to provide to employees and clients in the brokerage house, (8) Discourage visitors to enter into the office, (9) Arrangement of virtual office for part of employees on rotation basis and (10) Avoid face to face meetings in the office and encourage telephone/video conference among the employees and clients. (end)

Nov 29, 2022

04:04 AM

EXCH

Compliances and Awareness for Alert to Covid - 19

DSENEWS: All concerned are hereby informed that (1) Discourage clients for rushing in the brokerage house and encourage more for trading through mobile apps and other internet based devices, (2) No hand shake, (3) No hugging; (4) Maintain reasonable social distance (at least one meter), (4) Identifying employees and clients who is coughing or sneezing or with any suspicious symptoms, (5) Avoid touching eyes, nose, ears and mouth, (cont.)

Nov 29, 2022

04:04 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.

Nov 29, 2022

04:04 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)

Nov 29, 2022

04:04 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.)

Nov 29, 2022

04:04 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)

Nov 29, 2022

04:04 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.)

Nov 29, 2022

04:04 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.

Nov 29, 2022

04:04 AM

GHCL

Dividend Declaration

(Continuation news of GHCL): due to deficiency in Gas supply and being unable to recover operating fixed costs like depreciation, labour cost, finance cost etc. NOCFPS has been decreased compared to previous year as net cash generation from operation has reduced due to increase of payments to suppliers and financial expenses. (end)

Nov 29, 2022

04:04 AM

GHCL

Dividend Declaration

(Continuation news of GHCL): The Company has also reported EPS of Tk. (1.57), NAV per share of Tk. 53.68 and NOCFPS of Tk. (0.50) for the year ended June 30, 2022 as against Tk. 0.34, Tk. 54.65 and Tk. 0.41 respectively for the same period of the previous year. Reasons for deviation in EPS and NOCFPS: EPS has been reduced as sales have decreased during the year compared to previous year (cont.2)

Nov 29, 2022

04:04 AM

GHCL

Dividend Declaration

The Board of Directors has recommended 2% cash dividend to shareholders except the directors for the year ended June 30, 2022. The Directors hold 49,395,000 shares of the Company out of total 72,000,000 shares and the cash dividend payable to the general shareholders is Tk. 45,21,000.00. Date of AGM: 31.12.2022, Time: 11:00 AM, Venue: Digital Platform. Record Date: 18.12.2022. (cont.1)