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corporatewatch
Al-Arafa Islami Bank recommends 26pc stock dividend
3/20/2006
The board of directors of Al-Arafa Islami Bank Limited has recommended a stock dividend of 26 per cent for the year 2005. The annual general meeting (AGM) of the company will be held on May 17, 2006 at 11.00 am at the BDR Darbar Hall, Pilkhana, Dhaka. The record date will be on April 18, 2006. There will be no price limit on the trading of shares of the bank today (Monday) following its corporate declaration.
Trading of shares in spot market
Social Investment Bank: Trading of shares of the bank will be allowed only in the spot market and block/odd transactions will also be settled as per spot settlement cycle from today (Monday) to March 29, 2006. Trading of the shares will remain suspended on the record date on March 30, 2006.
United Leasing: Trading of shares of the company will be allowed only in the spot market and block/odd transactions will also be settled as per spot settlement cycle with benefit from today (Monday) to March 22, 2006. Trading of the shares will remain suspended on the record date on March 23, 2006.
Al-Arafah Islami Bank increases its
authorised capital
The board of directors of Al-Arafah Islami Bank Ltd has recommended enhancement of authorised capital of the bank from Tk 1.0 billion (100 crore) to Tk 2.5 billion. In this connection, an extra-ordinary general meeting (EGM) will be held on May 17, 2006 at 10:30am at the BDR Darbar Hall, Pilkhana, Dhaka. The proposal for the enhancement of the authorised capital will be placed before the EGM for approval after having no objection certificate (NOC) from Bangladesh Bank.
Anwar Galvanizing earns
Tk 7.24m net profit
Anwar Galvanizing Ltd earned a net profit of Tk 7.24 million in the year that ended on June 30, 2005. The earnings per share (EPS) of the bank stood at Tk 5.49.
Prime Bank earns Tk 568.2m net profit
Prime Bank Limited earned a net profit of Tk 568.20 million in the year that ended on December 31, 2005. The earnings per share (EPS) of the bank stood at Tk 43.71.
Scrip degradation of Samorita Hospital
The scrip of Samorita Hospital Ltd has been placed in 'B` category from the existing 'A` category with effect from March 19, 2006 as the company declared 5.0 per cent dividend in the last AGM.
Source: DSE/CSE Online
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