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Trading of fund units remains suspended today

Published : Thursday, 13 September, 2018 at 12:00 AM Count : 666
Business Desk

Trading of the following funds' units will remain suspended on its record date today (September 13, 2018).
The funds are AB Bank 1st Mutual Fund, EBL NRB Mutual Fund, PHP 1st Mutual Fund, Popular Life 1st Mutual Fund, EXIM Bank 1st Mutual Fund, First Bangladesh Fixed Income Fund, First Janata Bank Mutual Fund, IFIC Bank 1st Mutual Fund, Trust Bank 1st Mutual Fund and EBL First Mutual Fund.
Trading of their units will resume on September 16, 2018 after suspension of record date.

Sale/buy completion of co sharesSJIBL: Tahera Faruque, director of Shahjalal Islami Bank Limited (SJIBL), has completed her sale of 8,70,000 shares of the bank at prevailing market price through stock exchange as announced earlier.
MTB: Rashed Ahmed Chowdhury, director (nominated from Associated Builders Corporation Limited) of Mutual Trust Bank Limited (MTB), has completed his buy of 1,00,000 shares of the company at prevailing market price through stock exchange as announced earlier.
City Bank: Rafiqul Islam Khan, directors of The City Bank Limited (City Bank), has completed his buy of 4,15,000 shares of the bank at prevailing market price through stock exchange as announced earlier.
Dhaka Bank: Abdul Hai Sarker, sponsor/director of Dhaka Bank Limited (City Bank), has completed his buy of 5,00,000 shares of the bank at prevailing market price through stock exchange as announced earlier.

Cos record date todayTrading of the following companies' shares will remain suspended on its record date today (September 13, 2018).
The companies are Dragon Sweater and Spinning Limited and Sandhani Life Insurance Company Limited.  
Trading of their shares will resume on September 16, 2018 after suspension of record date.

Argon Denim board meets Sept 20Argon Denims Limited (Argon Denim) has organised its board meeting at the company's head office in the city at 3:00pm on September 20, 2018.
The company's board members will consider, among others, its audited financial statements for the year that ended on June 30, 2018 in the meeting.

Sale intention of NHFIL sharesSyed Ali Jowher Rizvi, director of National Housing Finance and Investment Limited (NHFIL), will sell his entire holding of 28,84,860 shares of the company at prevailing market price (In the Public Market) through stock exchange (DSE) within next 30 working days.
Syed Rizvi has already resigned from the Board of Directors of the company.    SOURCE: DSE/CSE

ML Dyeing credits IPO shares

The initial public offering (IPO) shares of ML Dyeing Limited (ML Dyeing) have been credited to its shareholders through Central Depository Bangladesh Limited (CDBL) to their respective beneficiary owner (BO) accounts on September 6, 2018 except one BO account.

Cos withdraw authorised reps

NSL: Nexus Securities Limited (NSL) -- DSE TREC No. 218 -- has withdrawn one of its authorised representatives, Imroze Ahmed, with immediate effect.

UCML: UCB Capital Management Limited (UCML) -- DSE TREC No. 181 -- has withdrawn one of its authorised representatives, Ashfaque Mahmood, with immediate effect.

Cos credit rating results

Orion Pharma: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity rating (Surveillance) of Orion Pharma Limited (Orion Pharma) as 'A1' along with a stable outlook based on its un-audited financial statements as of March 31, 2018 and audited financial statement up to June 30, 2017; bank liability position as of April 30, 2018 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

Popular Life: National Credit Ratings Limited (NCR) has assigned the surveillance insurers financial strength rating to Popular Life Insurance Company Limited (Popular Life) as 'AA+' in the long term and 'ST-1' in the short term based on its audited financial statements as of December 31, 2017.



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