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Paramount Ins in ‘B’ category from today

Published : Tuesday, 16 April, 2019 at 12:00 AM  Count : 77
Business Desk

Paramount Insurance Company Limited (Paramount Ins) will be placed in 'B' category from existing 'A' category with effect from today (April 16, 2019) as the company has approved 5 per cent stock dividend for its shareholders for the year that concluded on December 31, 2018.
As per BSEC directive and BSEC order dated on October 27, 2015; stock brokers and merchant bankers have been requested not to provide loan facilities to their clients against trading of the shares of PARAMOUNT up to 30 trading days from today.

Pragati Ins declares 20pc dividendThe Board of Directors of Pragati Insurance Limited (Pragati Ins) has recommended 20 per cent dividend - 13 per cent cash dividend and 7 per cent stock dividend - for its shareholders for the year that concluded on December 31, 2018.
The Pragati Ins' annual general meeting (AGM) will be held at 11:00am on June 27, 2019 at KIB Auditorium on Krishi Khamar Sharani in the city's Farmgate area.
The company's record date for the AGM is on May 16, 2019.  The company has also reported EPS of Tk 3.02, NAV per share of Tk 53.05 and NOCFPS of Tk 0.61 for the same year as against Tk 2.66, Tk 54.54 and Tk 0.54 respectively for the same period of the previous year.

Takaful Ins proposes 11pc dividendThe Board of Directors of Takaful Islami Insurance Limited (Takaful Ins) has recommended 11 per cent dividend - 5 per cent cash dividend and 6 per cent stock dividend - for its shareholders for the year that ended on December 31, 2018.
The company's annual general meeting (AGM) will be held at 10:00am on June 29, 2019 at Institution of Diploma Engineers Bangladesh on VIP Road in the city's Kakrail area. The company's record date for the AGM is on May 16, 2019.

Sale/buy intention of co shares RD Food: SM Fakhar-Uz-Zaman, sponsor of Rangpur Dairy & Food Products Limited (RD Food), will sell 7,19,426 shares out of his total holding of 9,60,406 shares of the company, whereas Concrete and Steel Technologies Limited, a corporate director of RD Food, will buy 7,19,426 shares of the same company, at prevailing market price (In the Block market) through stock exchange (DSE) within April 30, 2019.
Dhaka Bank: Rakhi Das Gupta, sponsor of Dhaka Bank Limited (Dhaka Bank), will buy 4,00,000 shares of the bank at prevailing market price (In the Public Market) through stock exchange (DSE) within next 30 working days.
Malek Spinning: Dr Shamim Matin Chowdhury, director of Malek Spinning Mills Limited (Malek Spinning), will buy 5,00,000 shares of the company at prevailing market price (in the Public Market) through stock exchange (DSE) within April 30, 2019.     -SOURCE: DSE/CSE



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