The board of directors of Prime Finance and Investment Limited has recommended 30 per cent stock dividend for the year 2005 subject to the approval of Bangladesh Bank. The annual general meeting (AGM) of the company will be held on April 12, 2006 at 3:00pm at Bangladesh-China Friendship Conference Centre at Sher-e-Bangla Nagar in Dhaka. The record date will be March 27, 2006. SEC directive to Mercantile Bank The Securities and Exchange Commission (SEC) has issued a directive to Mercantile Bank Ltd and its Director Amanullah that he shall not sell or make any type of transfer of 79,150 shares of the bank, which were purchased by him through insider trading before dissemination of price sensitive information within the next two years from the issuance of this directive. Withdrawal of authorised representative Haji Ahmad Brothers, a Dhaka Stock Exchange (DSE) member (number 41), has withdrawn one of its authorised representatives, Mohammad Abdullah Faruque Quoraishi, with immediate effect. Trading of shares in spot market Anwar Galvanising: Trading of shares of the company will be allowed in the spot market with benefit today (Monday) and tomorrow (Tuesday) as the book-closure will start on March 16, 2006. Petro Synthetic: Trading of shares of the company will be allowed in the spot market from today (Monday) to March 20, 2006 as the book-closure will start on March 22, 2006 for the extra-ordinary general meeting (EGM). Suspension of share trading Prime Bank: Trading of shares of the bank will remain suspended on the record date tomorrow (Tuesday). Mondol Securities gets certificate Mondol Securities Ltd (Member No. 209) has got the broker registration certificate (No. Reg-3.1/DSE-209/2005/105 dated 18/10/2005 valid up to 17/10/2006, vide SEC's letter No. SEC/Reg.-3.1/G-55/Part IV//2005/572 dated September 18, 2005). The member code of Mondol Securities Ltd is MON. Sinobangla earns Tk 3.25m net profit Sinobangla Industries Limited earned a net profit of Tk 3.25 million in the year that ended on October 31, 2005. The earnings per share (EPS) of the company stood at Tk 0.32. Withdrawal of authorised representative Lankabangla Securities Ltd, a Chittagong Stock Exchange (CSE) member (number 091), has withdrawn one of its authorised representatives, Gazi Mohd Tareq, S/o Mohd Musa, with effect from March 9, 2006. Pubali Bank increases its paid-up shares Paid-up shares of Pubali Bank Ltd has been increased by 8,000,000 bonus shares as the scrip has been allowed to trade as ex-benefit with effect from March 12, 2006. Now the total paid-up shares of the bank stood at 12,000,000. Source: DSE/CSE Online
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