2021-02-15: Decision to convert into open-ended fund
SEBL1STMF: VIPB Asset Management has informed that the trustee committee of Southeast Bank 1st Mutual Fund has approved the modality of conversion of closed-end mutual fund into an open-ended one. The following dates were decided in the meeting: Trade suspension date: May 16, 2021, Effective date: May 17, 2021 and Date of unitholders meeting: May 25, 2021. The time and place of the meeting will be informed later. The conversion will take place only if at least 75% unitholders present at the meeting and approve the conversion. Otherwise, the fund will be liquidated.
2021-02-15: CB Free
GREENDELT: Please note that there will be no price limit today 15.02.2021 on the trading of the shares of the Company following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.
2021-02-15: Cont-Recommendation of Dividend
GREENDELT(cont): Bonus share has not been declared from the revaluation or any unrealized gain or through reducing paid up capital so that the post dividend retained earnings will have negative impact. Reason for significant deviation in EPS and NOCFPS: Consolidated EPS has increased due to decrease in agency cost by 34%, decrease in claim expense by 31% and decrease in management expense by 18%. Consolidated NOCFPS has increased due to decrease in agency cost, decrease in claim payment and decrease in management expense.(end)
2021-02-15: Recommendation of Dividend
GREENDELT: The Board of Directors has recommended 24.5% Cash and 7.5% Stock dividend for the year ended on December 31, 2020. Date of AGM: 30.03.2021, Time: 11:00 AM, Venue: Digital Platform. Record Date: 08.03.2021. The Company has also reported Consolidated EPS of Tk. 7.16, Consolidated NAV per share of Tk. 68.95 and Consolidated NOCFPS of Tk. 9.24 for the year ended on December 31, 2020 as against Tk. 3.23 (adjusted), Tk. 68.33 and Tk. (0.43) (adjusted) respectively for the same period of the previous year. The Company has also informed that they recommended 7.5% stock dividend this year due to following reasons: Bonus share utilizing the share premium balance in terms of Section 57(2) of the Companies Act 1994.(cont)
2021-02-15: Un-audited HY A/Cs
BEACHHATCH: (Quarter 2) As per un-audited half yearly accounts of Beach Hatchery Ltd., EPS was Tk. (0.10) for July-December 2020 as against Tk. (0.24) for July-December 2019. NOCFPS was Tk. (0.000002) for July-December 2020 as against Tk. (0.000001) for July-December 2019. NAV per share was Tk. 10.11 as on December 31, 2020 and Tk. 9.90 as on December 31, 2019.
2021-02-15: Cont-2 Commencement of ES of Desh General Insurance Company Limited
CSENEWS:(cont-2) Participating EIs will be required to pay full subscription amount (100%) and subscription fee BDT 3,000.00 (three thousand only) through Social Islami Bank Limited (A/C Name: Dhaka Stock Exchange Limited, A/C No.: 0021360003343) in between 10:00 a.m. of February 14, 2021 to 2:00 p.m. of February 18, 2021 (during banking hour). Please visit the following website for subscription related updates: https://www.essbangladesh.com.(end)
2021-02-15: Cont-1 Commencement of ES of Desh General Insurance Company Limited
CSENEWS:(cont-1) as per Rule 2(1)(e) of the Bangladesh Securities and Exchange Commission (Public Issue) Rules, 2015; which is in accordance with the BSEC consent letter to Desh General Insurance Company Limited Ref: BSEC/CI/IPO-275/2018/307 dated January 13, 2021. The Central Depository Bangladesh Limited (CDBL) shall send a report to the exchange regarding the holding of EIs in the listed securities and the exchange shall ensure the compliance in this regard. (cont-2)
2021-02-15: Commencement of ES of Desh General Insurance Company Limited
CSENEWS: The subscription for shares of Desh General Insurance Company Limited by the eligible investors through electronic subscription system under fixed price method of the stock exchanges will be started from 10:00 a.m. of February 14, 2021 and continued till 5:30 p.m. of February 18, 2021 (round the clock). Each Eligible Investor (EI) who intends to submit application through the Electronic Subscription System (ESS) of the exchange(s) shall maintain a minimum investment of BDT 50,00,000 (fifty lakh only) for approved pension funds, recognized provident funds and approved gratuity funds and other Els of BDT 1,00,00,000 (one crore only) at market price in listed securities as on February 04, 2021 (day-end)(cont-1)
2021-02-15: Cont2- Reschedule of Commencement of Bidding of Baraka Patenga Power Limited
CSENEWS(cont2): Participating EIs will be required to pay full bid amount (100%) and bidding fee BDT 5,000.00 (five thousand only) through The City Bank Limited (A/C Name: Dhaka Stock Exchange Limited, A/C No.:1121063938001) in between 10:00 a.m. of February 22, 2021 to 2:00 p.m. of February 25, 2021 (during banking hour). Please visit the following website for bidding related updates: https://www.essbangladesh.com. (end)
2021-02-15: Cont1- Reschedule of Commencement of Bidding of Baraka Patenga Power Limited
CSENEWS(cont1): Each EI who intends to participate in the electronic bidding shall maintain a minimum investment of BDT 1.00 crore only in listed securities as on the end of 11th of February, 2021 as per clause (c) of sub-rule (1) of rule 2 of the Bangladesh Securities and Exchange Commission (Public Issue) Rules, 2015. The minimum tick size (minimum bidding value) for bidding shall be BDT 50 (fifty) Lakh which is in accordance with the BSEC consent letter to Baraka Patenga Power Limited Ref: BSEC/CI/BB-15/2018/305 dated January 11, 2021. (cont2)
2021-02-15: Reschedule of Commencement of Bidding of Baraka Patenga Power Limited
CSENEWS: As per request of the company, the revised bidding period for Eligible Investors to determine the cut-off price of shares of Baraka Patenga Power Limited through Electronic Subscription System (ESS) of the Exchanges will commence from 5:00 p.m. on February 22, 2021 and will continue till 5:00 p.m. on February 25, 2021 (round the clock) and valuation report submission period for Eligible Investors through Electronic Subscription System (ESS) of the Exchanges will start at 10:30 a.m. on February 28, 2021 and continue till 10:30 a.m. on March 02, 2021.(cont1)
2021-02-15: Spot Trade Continuing Today (15.02.2021)
SPOT TRADE: Please find SPOT Trade is continuing today on the trading of the shares of GP & SINGERBD.
2021-02-15: Cont-Compliances and Awareness for Alert to COVID-19
CSENEWS: (cont) (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)
2021-02-15: Compliances and Awareness for Alert to COVID-19
CSENEWS: 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, (6) Arrangement of hand sanitizer every time to enter office premise (employees, clients and visitors), (cont)
2021-02-15: Investor Awareness
BSEC’s Message (Repeat): 1) It is not wise to invest in the capital market without having proper information, detail knowledge and experience regarding different aspects and nitty-gritty of the capital market. 2) It is to be kept in mind that the profit or loss whatever you make from investment is belong to you only. Therefore, prudent investment decision based on knowledge and fundamentals can be your real assistance. 3) Don’t pay heed to rumors at the time of buying and selling of shares. Buying and selling of shares based on rumor can be harmful. Even spreading of rumor is legally prohibited. (BSEC vide its letter no. SEC/SRMIC/2010/726 dated 23 November 2010).
2021-02-15: Continue- Important news
BSEC (continue) (Repeat): In this situation, in the greater and long term interest of the growing capital market and investors, all related to Stock Exchange and market intermediaries i.e. stock broker/dealer, asset manager, merchant banker, issuer company including their officials are requested to abstain from giving opinion/comment on investment which may create enthusiasm or confusion among the investors. (end)
2021-02-15: Important news
BSEC (Repeat): It is observed that in the context of the present condition of the capital market, many small and new investors are involved which is undoubtedly encouraging. But it is a matter of concern that a portion of these investors without having proper, timely and detail knowledge and reviewing/analyzing the information of the different aspects of the capital market are being attracted in investing on the basis of rumor, hearsay and different comments from different quarters, which may make their hard earned capital risky, as a result, it will not only hamper the confidence of these investors but may also create hindrance of the continuity and firm growth of the capital market. (continue)
2021-02-15: CSE NEWS
Message: All investors are requested to make their investment decision on the basis of financial strength of the companies not on the basis of rumor.