CSE News 08/04/21 Chittagong Stock Exchange


CSE News 08/04/21 Chittagong Stock Exchange

2021-04-08: Transmission confirmation of Deceased Placement Shareholder among her successors

MTB: Mrs. Niloufer Manzur, Placement Shareholder of the company passed away on 26.05.2020. Her total holding of 556 shares has been transmitted in the accounts of her successors in the following manner as per succession certificate issued by the Honorable Court: (1) 139 shares to Mr. Syed Manzur Elahi, Sponsor Director, (2) 278 shares to Mr. Syed Nasim Manzur, Placement Holder and (3) 139 shares to Ms. Munize Manzur, Sponsor of the company.

2021-04-08: Buy Confirmation

SHAHJABANK: Artistic Design Ltd. (where Mr. A. K. Azad is the Sponsor Director of Shahjalal Islami Bank Ltd. and Managing Director of Artistic Design Ltd.), has further reported that it has completed its buy of 10,00,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 28.03.2021.

2021-04-08: Board Meeting

JANATAINS: Janata Insurance Company Limited has informed that the Board Meeting of the Company will be held on April 15, 2021 at 2:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021.

2021-04-08: Board Meeting

JANATAINS: Janata Insurance Company Limited has informed that the Board Meeting of the Company will be held on April 15, 2021 at 2:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.

2021-04-08: Decision to land procurement for factory

FUWANGFOOD: Fu-Wang Foods Limited has informed that the Board of Directors of the Company has taken decision to procurement process and registration of 96 decimal land at Bokran, Monipur Mouja, Gazipur valued at BDT 3.00 crore only has completed at mouja value. The land may play a vital role in upcoming production expansion facilities of the Company.

2021-04-08: Cont-Decision to issue Non-Convertible Callable Zero-Coupon Bonds

HRTEX(cont):The bonds will be offered to the potential investors including Banks, Insurance Companies, Financial Institutions, Corporate Houses, Non-resident Bangladeshi (NRB) and General Public. The proceeds from bond issuance will be used for improving the profitability and growth prospect of the Company.(end)

2021-04-08: Decision to issue Non-Convertible Callable Zero-Coupon Bonds

HRTEX: H.R. Textile Mills Ltd. has informed that Board of Directors has decided to issue Non-Convertible Callable Zero-Coupon Bonds (ZCBs) of BDT 1,00,000 each, totaling discounted issue price of BDT 800,000,000 with total face value of BDT 1,262,885,878 through private placement, subject to the approval of the Bangladesh Securities & Exchange Commission (BSEC) and other relevant regulatory bodies. The yield of issue will range from 9.00% to 9.60% per annum with 3 to 7 years maturity.(cont)

2021-04-08: BSEC Directive on Maximum Margin Loan Limit

BSEC NEWS: As per BSEC Directive No. BSEC/Surveillance/2020-975/201 dated April 04, 2021, due to considering the Covid-19 pandemic situation, the Commission's Directive No. BSEC/Surveillance/2020-975/132 dated September 28, 2020 will remain Suspended. For the interest of the investors, the TREC holders of the Stock Exchanges will extend maximum margin limit of credit facilities to their approved client in the following manner under the Margin Rules, 1999, until further order: 1. DSE X Index: Below 7,000 maximum margin loan limit: 1:0.80 Basis i.e. 80% of clients margin/deposit. 2. DSE X Index: 7,001 or above: 1:0.50 Basis i.e. 50% of clients margin/deposit. The Directive shall have immediate effect.

2021-04-08: Cont3-Exemption of 66 companies regarding floor price

BSEC NEWS(cont3):50. Saiham Textile Mills Limited 51. Sonargaon Textiles Ltd. 52. Alif Industries Limited 53. Global Heavy Chemicals Limited 54. Navana CNG Limited 55. Dhaka Electric Supply Company Ltd. 56. Unique Hotel & Resorts Limited 57. Standard Insurance Limited 58. Fareast Islami Life Insurance Co. Ltd. 59. Uttara Finance and Investment Limited 60. Usmania Glass Sheet Factory Limited 61. Khulna Power Company Ltd. 62. Nahee Aluminum Composite Panel Ltd. 63. Dulamia Cotton Spinning Mills Ltd. 64. Sinobangla Industries Limited 65. Paramount Textile Limited 66. M. L. Dyeing Limited. However, Bangladesh Services Limited is not listed in CSE.(end)

2021-04-08: Cont2-Exemption of 66 companies regarding floor price

BSEC NEWS(cont2):30. Golden Harvest Agro Industries Ltd. 31. AFC Agro Biotech Ltd. 32. Bengal Windsor Thermoplastics Ltd. 33. Khulna Printing & Packaging Limited 34. Silva Pharmaceuticals Limited 35. Indo-Bangla Pharmaceuticals Limited 36. Argon Denims Limited 37. Coppertech Industries Limited 38. Shasha Denims Limited 39. Shurwid Industries Limited 40. Esquire Knit Composite Limited 41. VFS Thread Dyeing Limited 42. IPDC Finance Limited 43. Phoenix Finance and Investments Ltd. 44. Advent Pharma Limited 45. Ratanpur Steel Re-Rolling Mills Limited 46. Queen South Textile Mills Limited 47. Mutual Trust Bank Ltd. 48. Oimex Electrode Limited 49. Rupali Bank Limited(cont3)

2021-04-08: Cont1-Exemption of 66 companies regarding floor price

BSEC NEWS(cont1):07. Olympic Accessories Limited 08. DBH First Mutual Fund 09. Phoenix Finance 1st Mutual fund 10. Nurani Dyeing & Sweater Limited 11. Regent Textile Mills Limited 12. SEML FBSL Growth Fund 13. Evince Textiles Limited 14. Pacific Denims Limited 15. Metro Spinning Limited 16. Kattali Textile Limited 17. Far Chemical Industries Limited 18. Deshbandhu Polymer Limited 19. Yeakin Polymer Limited 20. Safko Spinning Mills Ltd. 21. Western Marine Shipyard Limited 22. Central Pharmaceuticals Limited 23. Beach Hatchery Ltd. 24. Simtex Industries Limited 25. Shepherd Industries Limited 26. Hamid Fabrics Limited 27. Prime Textile Spinning Mills Ltd. 28. Saiham Cotton Mills Limited 29. Bangladesh Building Systems Ltd.(cont2)

2021-04-08: Exemption of 66 companies regarding floor price

BSEC NEWS: In the Interest of investors and development of the capital market, the Commission in exercise of its power conferred by the Section 20A of the Securities and Exchange Ordinance, 1969 (XVII of 1969), hereby directs through Order No. BSEC/Surveillance/2020-975/202 dated April 07, 2021 to the Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited to exempt the following 66 companies regarding floor price from the Commission's Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020: 01. People's Leasing and Financial Services Limited 02. R. N. Spinning Mills Limited 03. Bangladesh Services Limited 04. IFIL Islamic Mutual Fund-1, 05. Zaheen Spinning Limited 06. Ring Shine Textiles Limited(cont1)

2021-04-08: Spot Trade Continuing Today (08.04.2021)

SPOT TRADE: Please find SPOT Trade is continuing today on the trading of the shares of FIRSTFIN & PREMIERBAN.

2021-04-08: Cont-Compliances and Awareness for Alert to COVID-19

CSENEWS: (cont) (7) Arrangement of mask to provide to employees and clients in the brokerage house, (8) Discourage visitors to enter into the office, (9) Arrangement of virtual office for part of employees on rotation basis and (10) Avoid face to face meetings in the office and encourage telephone/video conference among the employees and clients. (end)

2021-04-08: Compliances and Awareness for Alert to COVID-19

CSENEWS: All concerned are hereby informed that (1) Discourage clients for rushing in the brokerage house and encourage more for trading through mobile apps and other internet based devices, (2) No hand shake, (3) No hugging; (4) Maintain reasonable social distance (at least one meter), (4) Identifying employees and clients who is coughing or sneezing or with any suspicious symptoms, (5) Avoid touching eyes, nose, ears and mouth, (6) Arrangement of hand sanitizer every time to enter office premise (employees, clients and visitors), (cont)

2021-04-08: Investor Awareness

BSEC's Message (Repeat): 1) It is not wise to invest in the capital market without having proper information, detail knowledge and experience regarding different aspects and nitty-gritty of the capital market. 2) It is to be kept in mind that the profit or loss whatever you make from investment is belong to you only. Therefore, prudent investment decision based on knowledge and fundamentals can be your real assistance. 3) Don't pay heed to rumors at the time of buying and selling of shares. Buying and selling of shares based on rumor can be harmful. Even spreading of rumor is legally prohibited. (BSEC vide its letter no. SEC/SRMIC/2010/726 dated 23 November 2010).

2021-04-08: Continue- Important news

BSEC (continue) (Repeat): In this situation, in the greater and long term interest of the growing capital market and investors, all related to Stock Exchange and market intermediaries i.e. stock broker/dealer, asset manager, merchant banker, issuer company including their officials are requested to abstain from giving opinion/comment on investment which may create enthusiasm or confusion among the investors. (end)

2021-04-08: Important news

BSEC (Repeat): It is observed that in the context of the present condition of the capital market, many small and new investors are involved which is undoubtedly encouraging. But it is a matter of concern that a portion of these investors without having proper, timely and detail knowledge and reviewing/analyzing the information of the different aspects of the capital market are being attracted in investing on the basis of rumor, hearsay and different comments from different quarters, which may make their hard earned capital risky, as a result, it will not only hamper the confidence of these investors but may also create hindrance of the continuity and firm growth of the capital market. (continue)

2021-04-08: CSE NEWS

Message: All investors are requested to make their investment decision on the basis of financial strength of the companies not on the basis of rumor.

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