Dhaka stocks rise on bankers' assurance
The stock skyrocketed by 5.44 per
cent as on October 20,2011, capital markets and investment in distressed by the bankers came up with increasing assurance. DGEN,
the Dhaka Stock Exchange's general index, up sharply by 286.28 points to
5,544.75 points, a few days off, such as institutional investors became active
when the retail investors to purchase shares of a break in a lot of panic
selling. BDT402.16
crore turnover from the overseas shares of BDT 277.71 million from the previous
session rose.
company Information
Name of
Company
|
Dividend in
(%)
|
Date of
AGM/EGM
|
Record Date
|
MIDAS
Financing Ltd.
|
10%B
|
08.12.11
|
03.11.11
|
Hakkani Pulp &
Paper
|
5%C
|
17.12.2011
|
03.11.11
|
National
Polymer Industries
|
15%B
|
22.11.11
|
01.11.11
|
Renwick
Jajneswar & Co
|
20%C
|
26.11.11
|
14.11.11
|
Standard
Ceramic Industries
|
5%C
|
27.12.11
|
25.10.11
|
Deshbandhu
Polymer Ltd
|
15%B
|
29.12.11
|
30.10.11
|
DSE gives nod to IPO prospectuses of Westin, BSSC, Padma Life
The Dhaka Stock Exchange on Sunday gave nod to
prospectuses of initial public offerings of Bangladesh Submarine Cable Company, Unique Hotel and Resorts Ltd and Padma Life Insurance Company.
The bourse’s board will now forward its
recommendations in favour of the prospectuses of the three companies to the
Securities and Exchange Commission for approval, DSE sources said.
The state-run submarinecable company will float 3.10 crore ordinary shares of Tk 10 each at an
offer price of Tk 35 including Tk 25 premium, using the fixed price method.
Sale of Bangladesh Fund units begins today
The much-awaited Bangladesh Fund, the country's
largest ever open-ended mutual fund,
is going to start its unit sale operation from today (Monday).
The officials of the state-owned
Investment Corporation of
Bangladesh (ICB), the leading sponsor of the Fund, said Finance Minister AMA
Muhith will formally inaugurate the sale
operation of the units of Tk 50 billion Bangladesh Fund at a city hotel at
4pm today.
SEC alters mutual fund rules
An individual
investor will be allowed to receive up to Tk 1 crore units of a mutual fund in pre-IPO placement, an
official said yesterday.
The Securities
and Exchange Commission approved an amendment to the Mutual Fund Rules 2001 at a meeting
with SEC Chairman Prof M Khairul Hossain in the chair.
First Bangladesh Fixed Income Fund
Name
|
|
Nature of Fund
|
Special Purpose
Investment Fund with tenure of 10 years.
|
Objective
|
The Fund will
target 15-20% annual returns backed by the stability of fixed income stream
from Fixed Income Instruments and boosted by selective
Investments in
equity and hybrid instruments. The Fund’s special objective includes
development of the Bangladesh Bond Market by improving the demand side;
promoting research based investing and becoming a captive buyer in the
nascent fixed income market in Bangladesh.
|
Publication
of Prospectus
|
September 14,
2011
|
Subscription Open
|
October 16, 2011
|
Subscription
Close
|
October 20, 2011
|
Investment cap for mutual funds goes
The
Securities and Exchange Commission yesterday decided to let mutual funds invest
in securities freely, in a move that will increase the flow of funds to the
cash-strapped stock market.
“The
SEC has lifted the investment ceiling for mutual funds as they urged the
regulator to do so,” said Saifur Rahman, an executive director of SEC.
Beximco to issue $350m bonds
Bangladesh
Export Import Company Ltd (Beximco) approved issuance of up to $350 million
foreign currency convertible bonds on Thursday.
The
shareholders of the company unanimously took the decision in an extra ordinary
general meeting (EGM) at Beximco Industrial Park in Gazipur. The terms and
conditions such as coupon rate and conversion price will be fixed at the time
of issuance by the company’s board of directors.
RPO of BSC
|
Nature of Business
|
The Corporation Renders Shipping Service by Ocean carriage
of cargo in international trade by engaging ocean going vessels of BSC.
|
|
Subscription Open
|
October 09, 2011
|
|
Subscription Close
|
October 13, 2011
|
|
Subscription period for NRB
|
October 09, 2011 to October 22, 2011
|
|
Authorized Capital
|
BDT. 4,000.00 million
|
Salman joins DSE
Beximco
Group deputy chairman Salman F Rahman, president of Bangladesh Association of
Publicly Listed Companies (BAPLC), has been appointed as a Director of the
Dhaka Stock Exchange (DSE) on 08 September, 2011. He has joined the DSE as a
nominated Director approved by the Securities and Exchange Commission (SEC).
Salman
F Rahman’s elder brother Sohel F Rahman was earlier in his position on behalf
of the Beximco Group.
AB Bank First M/F
Name
|
AB Bank
first Mutual Fund
|
Nature of Fund
|
Closed-end
Mutual Fund of 10 (Ten) years tenure.
|
Objective
|
The
objective of the Fund is to provide attractive dividends to the unit holders
by investing the proceeds in the various instruments in the Bangladeshi
Capital Market and Money Market.
|
Subscription
Open
|
September 25, 2011
|
Subscription
Close
|
September 29, 2011 |
Stock Market Investing Tips
When looking for an online trading broker, be sure to compare how much
the cost per trade is and the charge per lot. Find an online trading
company, but always read the restrictions before signing up with them,
with tips from a futures and options floor trader in this free video on
investing.
Uploaded by eHow on Oct 30, 2008
Zahintex Industries Ltd
| Nature of Business | Zahintex Industries Ltd. runs the business of manufacturing and exporting of readymade sweaters, pull over and wearing apparels of all kinds out of wool, cotton, synthetic, fibers and others. |
| Subscription Open | September 18, 2011 |
| Subscription Close | September 22, 2011 |
Rangpur Dairy & Food Products Ltd
| Nature of Business | To produce or manufacture Ultra High Temperature or UHT Fresh milk, pasteurized and flavored milk, ghee, butter, milk candy and chocolate candy and milk products and marketing the same in the domestic market. |
| Subscription Open | September 11, 2011 |
| Subscription Close | September 15, 2011 |
| Subscription period for NRB | September 11, 2011 to September 24, 2011 |
| Authorized Capital | BDT. 1000.00 million |
| Pre- IPO paid-up Capital | BDT. 236.59 million |
Subscribe to:
Posts (Atom)
