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ETL in ‘A’ category from today

Published : Thursday, 5 December, 2019 at 12:00 AM  Count : 33
Business Desk

Evince Textiles Limited (ETL) will be placed in 'A' category from existing 'Z' category with effect from today (December 5) as the company has reported disbursement of 12 per cent dividend - 2 per cent cash and 10 percent stock for its shareholders for the year concluded on June 30, 2019.
As per BSEC directive dated on October 27, 2015;     stock brokers and merchant bankers have been asked not to provide loan facilities to clients against trading of the shares of ETL up to 30 trading days from today.

Cos share trading to remain
suspended today
Trading of the following companies' shares will remain suspended on its record date today (December 5).
They are Regent Textile Mills Limited, Ratanpur Steel Re-Rolling Mills Limited, Anwar Galvanizing Limited, Maksons Spinning Mills Limited and Esquire Knit Composite Limited.
Trading of their shares will resume on December 8, 2019 after suspension of record date.
Firms credit bonus shares
ETL: Evince Textiles Limited (ETL) has credited         the bonus shares for its shareholders for the year ended  on June 30, 2019 to their respective beneficiary owner (BO) accounts.
It has also disbursed the cash dividend to shareholders' bank accounts through Bangladesh Electronic Fund Transfer Network (BEFTN) system.
Argon Denim: Argon Denims Limited (Argon Denim) has credited the bonus shares for its shareholders for the year ended on June 30, 2019 to their respective BO accounts. It has also disbursed the cash dividend to the respective shareholders bank accounts through BEFTN system.




UPGDCL: United Power Generation & Distribution Company Limited (UPGDCL) has credited the bonus shares for its shareholders for the year ended on June 30, 2019 to their respective BO accounts on November 18.
Firms credit rating results
ICB: Alpha Credit Rating Limited (AlphaRating) has rated Investment Corporation of Bangladesh (ICB) as 'AAA' in the long term and 'ST-1' in the short term along with a stable outlook based on its audited financial statements as on June 30, 2019 and relevant qualitative information till November 17, 2019.
Premier Cem: Credit Rating Information and Services Limited (CRISL) has rated Premier Cement Mills Limited (Premier Cem) as 'AA' in the long term and 'ST-2' in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2019; unaudited financials up to September 30, 2019 and other relevant quantitative as well as qualitative information up to the date of rating declaration.    -SOURCE: DSE/CSE



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