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FAS Finance declares 5pc stock dividend

Published : Thursday, 16 May, 2019 at 12:00 AM  Count : 92
Business Desk

The Board of Directors of FAS Finance and Investment Limited (FAS Finance) has recommended 5 per cent stock dividend for its shareholders for the year that concluded on December 31, 2018.
The FAS Finance's annual general meeting (AGM) will be held at 10:30am on June 27, 2019 at RAOWA Convention Hall on VIP Road in the city's Mohakhali area.
The company's record date for the AGM is on June 12, 2019.
The company has also reported Consolidated EPS of Tk 0.85, Consolidated NAV per share of Tk 14.19 and Consolidated NOCFPS of Tk (9.61) for the same year as against Tk 1.00 (restated), Tk 13.34 (restated) and Tk 7.28 (restated) respectively for the same period of the previous year.
Bay Leasing board now meets May 18
The board meeting of Bay Leasing & Investment Limited (Bay Leasing) will now be held at 11:00am on May 18, 2019 instead of May 15, 2019.
The company's board members will consider, among others, its audited financial statements for the year that ended on December 31, 2018 in the meeting.
Co shares' trading remain suspended today
Trading of the following companies' shares will remain suspended on its record date today (May 16, 2019).
The companies are Takaful Islami Insurance Limited, Pragati Insurance Limited, Pioneer Insurance Company Limited, Bangladesh National Insurance Company Limited and Eastland Insurance Company Limited.
 Trading of their shares will resume on May 19, 2019 after suspension of record date.
Trading of co shares
Trading of the following companies' shares will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from today (May 16) to May 19, 2019.
The companies are Phoenix Insurance Company Limited, Karnaphuli Insurance Company Limited, EXIM Bank Limited, Bata Shoe Company (Bangladesh) Limited, AB Bank Limited and Uttara Bank Limited.    
Trading of their shares will remain suspended on record date on May 20, 2019.
BGIC now to hold 34th AGM July 25
The 34th annual general meeting (AGM) of Bangladesh General Insurance Company Limited (BGIC) will now be held at 11:30am on July 25, 2019 instead of earlier declared date on June 27, 2019, subject to the approval of Bangladesh Securities and Exchange Commission (BSEC).
Other information in connection with the company's AGM will remain unchanged.    
    -SOURCE: DSE/CSE



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