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GSP Finance declares 23.50pc stock dividend

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FT ONLINE

The Board of Directors of GSP Finance Company (Bangladesh) Limited (GSP Finance) has recommended 23.50 per cent stock dividend for its shareholders for the year that concluded on December 31, 2017.

The GSP Finance’s annual general meeting (AGM) will be held at 11:30am on March 14, 2018 at Institution of Diploma Engineers Bangladesh (IDEB) in the city’s Kakrail area.

The company’s record date for the AGM is on February 25, 2018.

The company has also reported Consolidated EPS of Tk 3.08, Consolidated NAV per share of Tk 25.24 and Consolidated NOCFPS of Tk (7.29) for the same year as against Tk 2.87, Tk 24.36 and Tk (1.76) respectively for the same period of the previous year.

Monno Ceramic in ‘A’ category from tomorrow

Monno Ceramic Industries Limited (Monno Ceramic) will be placed in ‘A’ category from existing ‘B’ category with effect from tomorrow (February 5, 2018) as the company has reported disbursement of 10 per cent dividend – 5 per cent cash dividend and 5 per cent stock dividend – for its shareholders for the year that ended on June 30, 2017.

Libra Infu board now meets tomorrow

The board meeting of Libra Infusions Limited (Libra Infu) will now be held at the company’s head office in the city at 4:00pm tomorrow (February 5, 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 un the meeting.

Cos credit rating results

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

Apex Spinning: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating (surveillance) of Apex Spinning & Knitting Mills Limited (Apex Spinning) as ‘AA3’ based on its audited financial statements up to June 30, 2017; bank liability position as on November 30, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

GDIC board meets Feb 11

Green Delta Insurance Company Limited (GDIC) has organised its board meeting at the company’s head office in the city at 2:45pm on February 11, 2018.

The GDIC board members will consider, among others, its audited financial statements for the year that ended on December 31, 2017 in the meeting.

-MIAH/SAM

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