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Agrani Ins in ‘B’ category from today

Published : Monday, 17 June, 2019 at 12:00 AM  Count : 49
Business Desk

Agrani Insurance Company Limited (Agrani Ins) will be placed in 'B' category from existing 'A' category with effect from today (June 17, 2019).
Because, the company has approved 5 per cent stock dividend for its shareholders for the year that concluded on December 31, 2018.

Buy intention of APGIC sharesWoahida Pervin Happy, director of Asia Pacific General Insurance Company Limited (APGIC), will buy 50,000 shares of the company at prevailing market price (In the Public Market) through stock exchange (DSE) within next 30 working days.

NBL sponsor to transfer sharesMahbubur Rahman, sponsor of National Bank Limited (NBL) will transfer 1,32,50,000 shares out of his total holding of 2,65,11,096 shares of the company to his wife Hameeda Rahman, by way of gift outside the trading system of the exchange within next 30 working days from the date of issuance of approval letter by Dhala Stock Exchange Company Limited (DSE).
Sale/buy completion of co shares
PGIC: Khalid Hossain, sponsor/director of Purabi General Insurance Company Limited (PGIC), has completed his sale of 2,00,000 shares of the company at prevailing market price through stock exchange as per declaration disseminated on May 15, 2019.
United Ins: Syed Aziz Ahmad, sponsor/director of United Insurance Limited  (United Ins) -- nominated by Camellia Duncan Foundation Limited -- has completed his sale of 32,589 shares of the company at prevailing market price through stock exchange as per declaration disseminated on May 20, 2019.
Dhaka Bank: Rakhi Das Gupta, sponsor of Dhaka Bank Limited (Dhaka Bank), has completed her buying of 5,50,000 shares of the bank at prevailing market price through stock exchange as per declaration disseminated on May 27, 2019.
Cos' credit rating results
UCB: Emerging Credit Rating Limited (ECRL) has assigned the surveillance rating of United Commercial Bank Limited (UCB) as 'AA' in the long term and 'ST-2' in the short term along with a stable outlook of the bank based on its audited financial statements up to December 31, 2018 and other relevant quantitative as well as qualitative information up to the date of rating.
ONE Bank: Emerging Credit Rating Limited (ECRL) has assigned the surveillance rating of ONE Bank Limited (ONE Bank) as 'AA' in the long term and 'ST-2' in the short term along with a stable outlook of the bank based on its audited financial statements up to December 31, 2018 and other relevant quantitative as well as qualitative information up to the date of rating.    -SOURCE: DSE/CSE

GPH Ispat to buy land in Ctg

The Board of Directors of GPH Ispat Limited (GPH Ispat) has decided to purchase 8.85 acres land at Masjiddah of Sitakunda in Chattogram for the purpose of ongoing expansion project necessity at a cost (including the registration cost) of approximately Tk 73.60 crore only. -



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