AB Bank PLC. announcements
442 Dhaka Stock Exchange announcements for AB Bank PLC. (ABBANK) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2009 (25).
- The Bank has informed the following: 1. Bangladesh Bank accorded permission to the Bank to operate Off-shore Banking Uni
The Bank has informed the following: 1. Bangladesh Bank accorded permission to the Bank to operate Off-shore Banking Unit (OBU) at the Bank's EPZ Branch in Chittagong. The unit will be in operation in due course upon intimation to Bangladesh Bank and 2. Bangladesh Bank accorded approval to the Bank as Primary Dealer for trading in Government Securities.
- The Bank has informed that the Bangladesh Bank has decided to release the Bank from the list of Early Warning System (EW
The Bank has informed that the Bangladesh Bank has decided to release the Bank from the list of Early Warning System (EWS) Banks with effect from 30th November, 2009. At the same time, the Observer nominated by the Bangladesh Bank in the Board of Directors of AB Bank limited has also been withdrawn effective from the mentioned date.
- The Bank has informed that Bangladesh Bank vide its letter dated November 08, 2009 has approved formation of the followi
The Bank has informed that Bangladesh Bank vide its letter dated November 08, 2009 has approved formation of the following subsidiary companies under AB Bank Limited: a) AB Merchant Bank Limited and b) AB Securities Limited.
- As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2009 (July to September), the Bank has
As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2009 (July to September), the Bank has reported Net profit after tax of Tk. 586.30 million with EPS of Tk. 22.86 as against Tk. 512.01 million and Tk. 19.97 (restated) respectively for the 3rd quarter ended on 30th September 2008. Whereas net profit after tax was Tk. 2,102.71 million with EPS of Tk. 82.00 for the period of nine months (January to September) ended on 30.09.09 as against Tk. 1,814.73 million and Tk. 70.77 (restated) respectively for the period of nine months ended on 30.09.08.
- The Bank has informed that the Credit Rating Agency of Bangladesh Ltd. (CRAB) has assigned 'AA3' rating in the long term
The Bank has informed that the Credit Rating Agency of Bangladesh Ltd. (CRAB) has assigned 'AA3' rating in the long term and ST-1 in the short term to AB Bank Limited for the half year ended June 30, 2009 (based on unaudited financials).
- The Bank has informed that the Board of Directors of the Bank has decided to sponsor a Mutual Fund in the name of "AB Ba
The Bank has informed that the Board of Directors of the Bank has decided to sponsor a Mutual Fund in the name of "AB Bank 1st Mutual Fund" to the tune of Tk. 350.00 crore. AB Bank Limited will subscribe 20% of the fund as sponsor and the rest will be raised through Pre-IPO placement and IPO subject to approval of SEC.
- (Continuation of news of AB Bank Ltd.): (3) The Bank has to assure that AB Bank or its subsidiary company either several
(Continuation of news of AB Bank Ltd.): (3) The Bank has to assure that AB Bank or its subsidiary company either severally or jointly shall not buy/hold shares in violation of the section 14A of Bank Companies Act 1991; (4) AB Bank Ltd. and Beximco Ltd. have to withdraw the cases filed on this account and (5) After formation of the subsidiary company and withdrawal of the case, the ceased shares of the IFIC Bank Limited shall be returned to the subsidiary company.
The first part of this announcement is missing from the archive. - The Bank has informed that subsequent to AB Bank's appeals and submissions regarding the legality of Arab Bangladesh Ban
The Bank has informed that subsequent to AB Bank's appeals and submissions regarding the legality of Arab Bangladesh Bank Foundation (ABBF) and cessation of IFIC Bank's shares etc., Bangladesh Bank in terms of their letter dated October 14, 2009 has now agreed to release IFIC Bank's shares ceased earlier subject to the following terms and conditions: (1) Arab Bangladesh Bank Foundation shall close-down its Brokerage business/Securities trading; (2) If applied by AB Bank Ltd., consent shall be given to form a separate subsidiary company under AB Bank Ltd. for conducting Brokerage business/Securities trading, subject to fulfillment of certain conditions; (Continue)
- Mr. B. B. Saha Roy, one of the Directors of the Bank, has further reported that he has completed his purchase of 100 sha
Mr. B. B. Saha Roy, one of the Directors of the Bank, has further reported that he has completed his purchase of 100 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.
- As per un-audited half yearly accounts as on 30.06.09, the Bank has reported profit after tax of Tk. 1,516.41 m. with EP
As per un-audited half yearly accounts as on 30.06.09, the Bank has reported profit after tax of Tk. 1,516.41 m. with EPS of Tk. 59.14 as against last year's half yearly of Tk. 1,302.72 m. and Tk. 50.80 (restated) respectively.
- The Bank has informed that it has credited the Stock Dividend for the year 2008 to the respective shareholders' BO Accou
The Bank has informed that it has credited the Stock Dividend for the year 2008 to the respective shareholders' BO Accounts on 07.07.09. The Bank has also informed that the Cash Dividend for the year 2008 will be directly credited to the respective Bank Account (as mentioned in the Shareholders' BO Account). It is to be mentioned that the Bank has obtained necessary approval from the SEC for distribution of Cash Dividend for the year 2008 in the above manner.
- Mr. B. B. Saha Roy, one of the Directors of the Bank, has reported his intention to buy 100 shares of the Bank at prevai
Mr. B. B. Saha Roy, one of the Directors of the Bank, has reported his intention to buy 100 shares of the Bank at prevailing market price through Stock Exchange within next 30 working days.
- The Bank has informed that Credit Rating Agency of Bangladesh Ltd. (CRAB) has assigned 'A1' rating in the long term and
The Bank has informed that Credit Rating Agency of Bangladesh Ltd. (CRAB) has assigned 'A1' rating in the long term and 'ST-2' in the short term to AB Bank Limited for the year 2008.
- Mr. Sajedur Seraj, one of the Sponsors/Directors of the Bank, has further reported that he has completed his sale of 12,
Mr. Sajedur Seraj, one of the Sponsors/Directors of the Bank, has further reported that he has completed his sale of 12,000 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.
- Normal trading of the shares of the Bank will resume on 31.05.09 after Record date and there will be no price limit on t
Normal trading of the shares of the Bank will resume on 31.05.09 after Record date and there will be no price limit on the trading of the shares of the Bank for the same day.
- Trading of the shares of the Bank will remain suspended on record date i.e., 28.05.09 for AGM and EGM.
Trading of the shares of the Bank will remain suspended on record date i.e., 28.05.09 for AGM and EGM.
- Trading of the shares of the Bank will be allowed only in the Spot Market and Block/Odd lot transactions will also be se
Trading of the shares of the Bank will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 25.05.09 to 27.05.09. Trading of the shares of the Bank will remain suspended on record date i.e., 28.05.09 for AGM and EGM.
- Mr. Sajedur Seraj, one of the Sponsors/Directors of the Bank, has reported his intention to sell 12,000 shares out of hi
Mr. Sajedur Seraj, one of the Sponsors/Directors of the Bank, has reported his intention to sell 12,000 shares out of his total holdings of 6,56,112 shares of the Bank at prevailing market price through Stock Exchange within next 30 working days.
- The Bank has informed that "The Board of Directors of the Bank approved its participation as a sponsor in the "LR Global
The Bank has informed that "The Board of Directors of the Bank approved its participation as a sponsor in the "LR Global Bangladesh Mutual Fund One" by Tk. 10 (ten) crore at a face value of Tk. 10 (ten) per share subject to approval of the regulatory authorities."
- As per audited accounts as on 31.12.08, the Bank has reported net profit after tax of Tk. 2,300.62 m. with EPS of Tk. 10
As per audited accounts as on 31.12.08, the Bank has reported net profit after tax of Tk. 2,300.62 m. with EPS of Tk. 103.18 as against Tk. 1,903.49 m. and Tk. 85.37 (restated) respectively as on 31.12.07.
- There will be no price limit on the trading of the shares of the Bank today (29.03.09) following its corporate declarati
There will be no price limit on the trading of the shares of the Bank today (29.03.09) following its corporate declaration.
- The Board of Directors has recommended cash dividend @ 15% and stock dividend @ 15% for the year 2008. The Bank has also
The Board of Directors has recommended cash dividend @ 15% and stock dividend @ 15% for the year 2008. The Bank has also informed that an EGM of the Bank will also be held on the same day. Date of EGM and AGM: 29.06.09, Time of EGM and AGM: 11:00 AM and 11:30 AM respectively, Venue of EGM and AGM: Bangladesh-China Friendship Conference Centre, Sher-E-Bangla Nagar, Dhaka, Record date for AGM and EGM: 28.05.09.
- As per Clause 30 of DSE Listing Regulations, the Bank has informed that the 436th Meeting of the Board of Directors of t
As per Clause 30 of DSE Listing Regulations, the Bank has informed that the 436th Meeting of the Board of Directors of the Bank will be held on March 28, 2009 to transact the following businesses, among others: 1. Approval of Audited Financial Statements along with Auditors' Report thereon and 2. Fixation of Date of 27th AGM, Venue, Time & other issues.
- In response to a query, the Bank has informed that there is no undisclosed price sensitive information of the Bank for r
In response to a query, the Bank has informed that there is no undisclosed price sensitive information of the Bank for recent unusual price hike.
- The Bank has informed that the Board of Directors of the Bank has resolved that the Authorized Capital of the Bank be in
The Bank has informed that the Board of Directors of the Bank has resolved that the Authorized Capital of the Bank be increased to Tk. 600,00,00,000/- (Taka Six hundred crore) divided into 6,00,00,000 (six crore) ordinary shares of Tk. 100/- each from the exiting Tk. 300,00,00,000/-(Taka Three hundred crore) subject to the approval from Bangladesh Bank and other regulatory authorities. The Board has also approved necessary amendments to relevant clauses/articles of the Memorandum and Articles of Association of the Bank.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.