|

United Air proposes no dividend

DSE & CSE (2)
Print Friendly

FT ONLINE

The Board of Directors of United Airways (BD) Limited (United Air) has recommended no dividend for its shareholders for the year that concluded on June 30, 2017.

Date, time and venue of the company’s annual general meeting (AGM) and record date for the AGM will be notified later on.

The company has also reported EPS of Tk (1.68), NAV per share of Tk 7.14 and NOCFPS of Tk 0.79 for the same year as against Tk (1.66), Tk 8.75 and Tk 0.29 respectively for the same period of the previous year.

Aziz Pipes in ‘B’ category from today

Aziz Pipes Limited (Aziz Pipes) will be placed in ‘B’ category from existing ‘Z’ category with effect from today (January 10, 2018) as the company has reported disbursement of 5 per cent stock dividend for its shareholders for the year that ended on June 30, 2017.

Meanwhile, stock brokers and merchant bankers have been requested to abstain from providing loan facilities to purchase security of Aziz Pipes Limited in between 1st to 30th trading day after change of categorisation, with effect from today as per BSEC directive and BSEC order dated on October 27, 2015.

SALAMCRSL board meets Jan 12

S Alam Cold Rolled Steels Limited (SALAMCRSL) has organised its board meeting at the company’s head office at 12:00pm on January 12, 2018.

The company’s board members will consider, among others, its un-audited financial statements for the Second Quarter (Q2) period that ended on December 31, 2017.

Cos credit rating results

National Polymer: Emerging Credit Rating Limited (ECRL) has assigned the surveillance rating of National Polymer Industries Limited (National Polymer) as ‘A+’ in the long term and ‘ST-2’ in the short term along with a stable outlook based on its audited financial statements up to June 30, 2017 and other relevant quantitative as well as qualitative information up to the date of rating.

Fortune: Credit Rating Information and Services Limited (CRISL) has rated Fortune Shoes Limited (Fortune) as ‘A-’ in the long term and ‘ST-3’ in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2017, unaudited financials up to September 30, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

Asia Ins: Credit Rating Information and Services Limited (CRISL) has announced Claim Paying Ability (CPA) rating of Asia Insurance Limited (Asia Ins) as ‘AA-’ along with a stable outlook in consideration of its audited financials up to December 31, 2016, unaudited financials up to September 30, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

Prime Ins: Credit Rating Information and Services Limited (CRISL) has announced the Claim Paying Ability (CPA) rating of Prime Insurance Company Limited (Prime Ins) as ‘A+’ along with a stable outlook in consideration of its audited financials up to December 31, 2016, unaudited financials up to September 30, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

CGIC: Credit Rating Information and Services Limited (CRISL) has announced the Claim Paying Ability (CPA) rating of City General Insurance Company Limited (CGIC) as ‘A+’ along with a stable outlook in consideration of its audited financials up to December 31, 2016, unaudited financials up to September 30, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

-MIAH/SAM/MIAH

Comments