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ILFSL in ‘B’ category from today

Published : Sunday, 25 August, 2019 at 12:00 AM  Count : 46
Business Desk

International Leasing and Financial Services Limited (ILFSL) will be placed in 'B' category from existing 'A' category with effect from today (August 25) as the company has approved 5 per cent stock dividend for its shareholders for the year that concluded on December 31, 2018.
As per Bangladesh Securities and Exchange Commission (BSEC) directive and BSEC order dated on October 27, 2015; the stock brokers and merchant bankers have been requested not to provide loan facilities to their clients against trading of the shares of ILFSL up to 30 trading days from today.
Funds units on spot market
Trading of the units of the following funds will be allowed only in the spot market and block transactions will also be settled as per spot settlement cycle with benefit from today (August 25) to tomorrow (August 26).
They are Trust Bank 1st Mutual Fund, Popular Life 1st Mutual Fund, PHP 1st Mutual Fund, IFIC Bank 1st Mutual Fund, First Bangladesh Fixed Income Fund, EXIM Bank 1st Mutual Fund, EBL NRB Mutual Fund, EBL First Mutual Fund, AB Bank 1st Mutual Fund and First Janata Bank Mutual Fund          
Trading of their units will remain suspended on record date on August 27, 2019.
Doreen Power board meets Aug 31
Doreen Power Generations and Systems Limited (Doreen Power) has called for its board meeting at the company's head office in the city at 4:00pm on August 31.
The company's board members will consider, among others, its audited financial statements for the year that ended on June 30, 2019 in the meeting.
IPDC credits rights shares

IPDC Finance Limited (IPDC) has credited the rights shares for its shareholders through Central Depository Bangladesh Limited (CDBL) to their respective beneficiary owner (BO) accounts on Wednesday (August 21).
Cos credit rating results
KPPL: National Credit Ratings Limited (NCR) has announced the entity rating of Khulna Printing & Packaging Limited (KPPL) as 'BBB' in the long term and 'ST-3' in the short term along with a developing outlook based on its audited financial statements as on June 30, 2018.
Standard Ceramic: National Credit Ratings Limited (NCR) has announced the rating of Standard Ceramic Industries Limited (Standard Ceramic) as 'BBB' in the long term and 'ST-3' in the short term along with a developing outlook based on its audited financial statements as on June 30, 2018.    -SOURCE: DSE/CSE

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