Summit Alliance Port
Alliance Holdings Ltd, one of the corporate sponsors of the company, has reported its intention to sell 11,95,690 shares out of its total holdings of 79,36,300 shares of the company at prevailing market price through the stock exchange within next 30 working days. It is to be noted that Alliance Holdings Ltd earlier reported its intention to sell 20,32,590 shares of the company on October 28, 2010 and completed its sale of 8,36,900 shares up to October 31, 2010. Now it intends to sell the remaining 11,95,690 shares.
Bangladesh Finance and Investment Co
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 April 25 to 27. Trading of the shares of the company will remain suspended on record date on April 28.
Green Delta Insurance
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 April 25 to 27. Trading of the shares of the company will remain suspended on record date on April 28.
United Leasing
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 April 25 to 27. Trading of the shares of the company will remain suspended on record date on April 28.
One Bank
Asaduz Zaman, one of the sponsors of the bank, has reported his intention to sell 60,000 shares (bonus shares) out of his total holdings of 4,69,346 shares of the bank at prevailing market price through the stock exchange within next 30 working days.
Peoples Insurance
Golam Faruk Ahmed, one of the directors of the company, has reported his intention to sell 2,00,000 shares (bonus Shares) out of his total holdings of 6,87,450 shares of the company at prevailing market price through the stock exchange within next 30 working days.
Asia Pacific General Insurance Co
AHM Mustafa Kamal, one of the sponsors/directors of the company, has reported his intention to sell 77,700 shares out of his total holdings of 1,55,400 shares of the company at prevailing market price through the stock exchange within next 30 working days.
Uttara Finance
The board of directors has recommended 40 per cent stock dividend for the year ended on December 31, 2010. The AGM will be held on May 30. Record date will be on May 3.
United Commercial Bank
The board of directors has recommended 25 per cent stock dividend for the year ended on December 31, 2010. The AGM will be held on May 30 at 10:30am at Army Golf Club at Dhaka Cantonment in Dhaka. Record date will be on May 4.
City General Insurance
The board of directors has recommended 12 per cent stock dividend for the year ended on December 31, 2010. The AGM will be held on June 23 at 10:30am at Institution of Diploma Engineers, Bangladesh at Kakrail in Dhaka. Record date will be on May 4.
Source: New Age
