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Zaheen Spinning increases authorised capital

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Zaheen Spinning Limited (Zaheen Spinning) has increased its authorised capital from Tk 1,000.00 million to Tk 4,000.00 million with 300 million Ordinary Shares and 100 million Preference shares, of Tk 10.00 each, by altering Memorandum and Articles of Association of the company.

The decision came with its shareholders’ consent at the first extraordinary general meeting (EGM) of the company held in the city on June 15, 2016.

This has been approved by the RJSC.

RN Spinning record date today

Trading of the shares of RN Spinning Mills Limited (RN Spinning) will remain suspended on its record date today (September 25, 2017).

Trading of the RN Spinning shares will resume tomorrow (September 26, 2017).

Trading of co shares

Summit Power: Trading of the shares of Summit Power Limited (Summit Power) will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefits from today (September 25) to tomorrow (September 26, 2017).

Trading of the Summit Power shares will remain suspended on record date on September 27, 2017.

SAPL: Trading of the shares of Summit Alliance Port Limited (SAPL) will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefits from today (September 25) to tomorrow (September 26, 2017).

Trading of the SAPL shares will remain suspended on record date on September 27, 2017.

EXIM Bank sponsor completes sale of shares

Rabeya Khatoon, sponsor of EXIM Bank Limited (EXIM Bank), has completed her sale of 69,44,800 shares of the bank at prevailing market price through stock exchange, as announced earlier.

BSL rated as ‘A-’ in long term

Emerging Credit Rating Limited (ECRL) has assigned the rating of Beximco Synthetics Limited (BSL) as ‘A-’ in the long term and ‘ST-3’ in the short term along with a stable outlook to the company based on audited financial statements up to June 30, 2016 and other qualitative information.

Cos withdraw authorised reps

TSL: Treasure Securities Limited (TSL) — DSE TREC No. 221 — has withdrawn one of its authorised representatives, Md Nurul Alam Swapon, with immediate effect.

PFIS: PFI Securities Limited (PFIS) — DSE TREC No. 79 — has withdrawn one of its authorised representatives, Md Kamruzzaman, with immediate effect.

-MIAH/NK/MIAH

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