Dhaka Bank recommends 15pc cash, 10 pc stock dividends

The board of directors of Dhaka Bank Limited has recommended 15 per cent cash and 10 per cent stock (one bonus share for every ten shares) dividends for the year that ended on December 31, '08. The annual general meeting (AGM) of the bank will be held at the Bangladesh-China Friendship Conference Centre, Agargaon, Sher-E-Bangla Nagar, in the city at 11am on March 31, '09. The record date is March 11, '09. There will be no price limit on the trading of the shares of the bank today (Tuesday) following its corporate declaration.

Call to collect dividend warrants

All shareholders concerned of Dulamia Cotton have been requested to collect their dividend warrants for the year 2007-2008 from February 18, '09 to February 23, '09 (during office hours) from the head office of the company at Anchor Tower, 108 Bir Uttam CR Datta Road (1/1 B Sonargaon Road), in the city.

Response to DSE query

Aftab Automobiles: In response to a DSE query in connection with rumour on direct listing of Navana CNG Limited with stock exchanges and other allied issues, the authorities of Aftab Automobiles have stated that "(a) Aftab Automobiles Limited has still no shares in Navana CNG Limited; and (b) So far we know, Navana CNG Limited has not yet applied for direct listing of its share with DSE and/or CSE."

Golden Son: In response to a DSE query, the authorities of Golden Son Limited have stated that there is no undisclosed price sensitive information of the company for the recent unusual price hike of its shares.

BLTC: In response to a DSE query, the authorities of BLTC have stated that there is no undisclosed price sensitive information of the company for the recent unusual price hike of its shares. The authorities have also stated that the production of the company has been suspended since March, 2003 and until date the factory could not be activated. The company could not declare any dividend due to continuous loss

Spot market trading

Spot market trading and block/odd lot transactions of the shares of HR Textile will be settled as per spot settlement cycle with cum benefit between today (Tuesday) and Thursday (February 18). Trading of the shares of the company will remain suspended on February 19, '09, as book-closure of the company will start from February 20, '09. (as per SEC directive dated December 1, 2008)

Sale of shares

Mr Munshi Akhtaruzzaman, one of the directors of Social Investment Bank Limited (SIBL), has expressed his willingness to sell 10,000 shares out of his total holdings of 92,406 shares of the bank at prevailing market price through stock exchange within next 30 working days.

Source: DSE/CSE Online