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SEC directive to One Bank Ltd
The Securities and Exchange Commission (SEC) has issued directive to One Bank Ltd and its alternate director Shafique Uddin that he shall not sell or make any type of transfer of 5,300 shares of the bank which were purchased by him through insider trading during April 19, 2004 to April 21, 2004 for the next two years from the issuance of this directive. It also said One Bank Ltd shall ensure that the said shares are kept as 'locked-in'.
SEC directive to Wonderland Toys
The SEC has issued directive to Wonderland Toys Ltd, its Chairperson and Managing Director Quamrun Nessa, director Farah Shad, Akbar Hossain and Mazharul Hannan to realise the entire loan amount of Tk 24.1 million (2.41 crore) with costs from the chairperson and managing director of the company within two months from the issuance of this directive, and deposit the said amount in the company's bank account within the said period and submit the original bank statement to the commission within three working days of deposit of the money.
Resumption of share trading
Pubali Bank: Trading of shares of the bank will resume on March 12, 2006 after the record date.
Upgradation of Mita Tex
The Mita Textile Mills Limited will be placed in 'B' category from the existing 'Z' category with effect from March 12, 2006 as the company paid a dividend of 3.0 per cent for shareholders of the company for the financial year 2004-2005.
Sale of shares
NCC Bank: The bank has expressed its intention to sell 248 shares of the bank which were created from fraction shares of rights issue of the bank at the prevailing market price through stock exchange within the next 30 working days.
SEC forms probe body
The SEC formed an enquiry committee consisting of three SEC officials for enquiry into dissemination of price sensitive information by Prime Bank Ltd for the year 2005 and trading of shares of the bank by some brokerage firms before and after dissemination of price sensitive information by the bank. The enquiry committee shall complete the enquiry and submit its report to the commission within one month from the date of issuing this order.
Dhaka Bank increases its paid-up shares
Paid-up shares of Dhaka Bank Ltd have been increased by 614,049 bonus shares as the scrip have been allowed to be traded as ex-benefit with effect from March 9, 2006. Now the total paid-up shares of the bank stood at 12,895,020.
Source: DSE/CSE Online
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