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SEC, DSE NEWS AND DISCLOSURE 02.03.2011
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SEC, DSE NEWS AND DISCLOSURE 02.03.2011
03/01/2011 7:01 am

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SONARGAON
SEC has approved the Rights Issue of Sonargaon Textiles Ltd. for 10,91,200 Ordinary Shares of Tk. 100.00 each at an issue price of Tk. 150.00 per share (including a premium of Tk. 50.00 each) totaling Tk. 16,36,80,000.00 only at a ratio of 1R: 1, i.e., one rights share for one existing share. The approval has been accorded subject to the condition that the company shall comply with the requirements embodied in the Securities and Exchange Commission (Rights Issue) Rules, 2006 and other relevant laws and Regulatory Requirements, and shall also adhere to the conditions imposed by SEC under Section-2CC of the Securities and Exchange Ordinance, 1969.


SIBL
SEC has approved the Rights Issue of Social Islami Bank Ltd. for 29,87,81,575 Ordinary Shares of Tk. 10.00 each at par totaling Tk. 298,78,15,750.00 only at a ratio of 1R: 1, i.e., one rights share for one existing share. The approval has been accorded subject to the condition that the Bank shall comply with the requirements embodied in the Securities and Exchange Commission (Rights Issue) Rules, 2006 and other relevant laws and Regulatory Requirements, and shall also adhere to the conditions imposed by SEC under Section-2CC of the Securities and Exchange Ordinance, 1969.


PREMIERBAN
As per regulation 30 of DSE Listing Regulations, the Bank has informed that a meeting of Board of Directors of the Bank will be held on March 03, 2011 at 3:30 p.m. to consider, among others, audited financial statements of the Bank for the year ended on December 31, 2010.

AIMS1STMF
The Trustee of the Fund has informed that 128,900,000 Units of Tk. 1.00 each against allotment of Rights Entitlement Units have been credited in full in the respective BO Accounts of the applicants with the CDBL. Therefore, the Paid-up capital of the subject Fund has been raised from Tk. 285,600,000.00 to Tk. 414,500,000.00 divided into similar number of Units of Tk. 1.00 each.


FUWANGFOOD
Mr. Md. Sadeque, one of the Directors of the Company, has reported his intention to buy 10,000 shares (qualifying shares) of the Company at prevailing market price through Stock Exchange within next 30 working days.


AL-HAJTEX
Referring to their earlier letter dated 12.04.2010 (news disseminated by DSE on 13.04.2010), the company has further informed that after hearing of the said Writ Petition No. 5129 of 2009, the hon'ble High Court Division of the Supreme Court was pleased to dispose off the Rule with a direction upon Agrani Bank to pay the special fund with interest.


PUBALIBANK
As per regulation 30 of DSE Listing Regulations, the Bank has informed that a meeting of Board of Directors of the Bank will be held on March 03, 2011 at 3:30 p.m. to consider, among others, audited financial statements of the Bank for the year ended on December 31, 2010.


JAMUNABANK
The Bank has informed that SEC has given consent vide its letter dated February 24, 2011, under the provisions of the Securities and Exchange Commission (Issue of Capital) Rules, 2001 for issuance of 1,00,000 ordinary shares of Tk. 100.00 each of the Bank (i.e., 10,00,000 ordinary shares of Tk. 10.00 each as per present denomination) in favor of Mrs. Ayesha Hossain, w/o Mr. Nur Hossain from the date of incorporation of the Bank along with the up-to-date profit as per the agreement for out of court settlement as endorsed by the Honorable Appellate Division of the Supreme Court of Bangladesh.
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03/02/2011 5:45 am

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SALAMCRST
Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 03.03.11 to 07.03.11. Trading of the shares of the company will remain suspended on record date i.e., 08.03.11.


ASIAINS
Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 03.03.11 to 07.03.11. Trading of the shares of the company will remain suspended on record date i.e., 08.03.11.


MERCANBANK
Trading of the shares of the Bank will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 03.03.11 to 07.03.11. Trading of the shares of the Bank will remain suspended on record date i.e., 08.03.11 for AGM & EGM.


DHAKABANK
Normal trading of the shares of the Bank will resume on 03.03.11 after record date.


PRIMEBANK
Trading of the shares of the Bank will remain suspended on record date i.e., 03.03.11.



LANKABAFIN
Trading of the shares of the company will remain suspended on record date i.e., 03.03.11 for AGM and EGM.


ILFSL
Normal trading of the shares of the Company will resume on 03.03.11 after record date. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from SEC.


ONEBANKLTD
Mr. Asaduz Zaman, one of the Sponsors of the Bank, has reported his intention to sell 40,000 shares out of his total holdings of 5,61,626 shares of the Bank at prevailing market price through Stock Exchange within next 30 working days.


SONARGAON
The company has further informed that the Rights Issue fund will be utilized to increase production capacity and turnover with assurance of quality as well as profitability by way of BMRE of this 100% export oriented spinning mill.
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