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 2021 (17).
- Intimation of Transmission of shares
The Company has informed that Mrs. Lutfunnessa Ahmed a Folio shareholder (General) of the company passed away on 26.08.2020. Her total holding of 3,42,258 shares will be transmitted to her successor Mr. Shajir Ahmed one of the Nominated Directors of the company according to the Succession Certificate issued by the Honorable Court.
- Intimation of Transmission of shares (Correction)
(Correction): The Company has informed that Mrs. Lutfunnessa Ahmed a Folio shareholder (General) of the company passed away on 26.08.2020. Her 2,56,694 shares out of holding 3,42,258 shares (Folio) will be transmitted to her successor Mr. Shajir Ahmed, one of the Nominated Directors of the company according to the Succession Certificate issued by the Honorable Court.
- Approval of Perpetual Bonds of BDT 600 crore
(ABBANK Cont.): Interest rate of the said bonds is 20-years Treasury-Bond rate plus 2.0% margin p.a. with a coupon floor rate of 6% p.a. and coupon ceiling rate of 10.0% p.a. The consent has been accorded subject to the compliance of relevant laws and regulatory requirements. (end)
- Non approval of Rights Issuance by BSEC
BSEC has expressed its inability to approve the rights issue of AB Bank Limited as considering dividend payment history and present financial position.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.13 for July-September 2021 as against Tk. 0.11 for July-September 2020; Consolidated EPS was Tk. 0.44 for January-September 2021 as against Tk. 0.28 for January-September 2020. Consolidated NOCFPS was Tk. (17.84) for January-September 2021 as against Tk. (10.29) for January-September 2020. Consolidated NAV per share was Tk. 31.08 as on September 30, 2021 and Tk. 31.06 as on September 30, 2020.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 27, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.
- Q2 Financials
(Continuation news of ABBANK): During the period (Jan. 21-Jun. 21) other operating income has been increased significantly due to capital gain of BDT 5.46 crore from sale of motor vehicles. ii) Provision against Investment: Provision against Investment has been reversed BDT 10 crore due to rise in share price of investment in capital market. iii) NOCFPS: NOCFPS increased from T k. (33.71) to Tk. (9.63) for increasing of customer deposits BDT 1,770 crore in 2nd quarter ended June 30, 2021. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 31, 2021 at 11:30 AM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2021.
- Resumption after record date
Trading of the shares of the Company will resume on 20.05.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 19.05.2021.
- Spot News
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 17.05.2021 to 18.05.2021. Trading of the shares of the Company will remain suspended on record date i.e., 19.05.2021.
- Decision to issue perpetual Bonds of BDT 500.00 crore
The Company has informed that the Board of Directors has decided to enhancement of Additional Tier I Capital of the Company through issuance of Non-Convertible, Unsecured and floating rated, perpetual Bonds of BDT 500.00 crore through Private Placement subject to the approval of the Regulatory Authorities and Compliance of all formalities in the respect.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.16 for January-March 2021 as against Tk. 0.08 for January-March 2020; Consolidated NOCFPS was Tk. (16.85) for January-March 2021 as against Tk. (31.95) for January-March 2020. Consolidated NAV per share was Tk. 32.36 as on March 31, 2021 and Tk. 31.72 as on March 31, 2020.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.04.2021) following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.
- Dividend Declaration and issuance of Rights Share
(Continuation news of ABBANK): iii) Bonus Shares are not declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 27, 2021 at 1:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021.
- Board Meeting schedule under LR 19 (1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 27, 2021 at 1:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.