DSE:ALARABANK

Al-Arafah Islami Bank PLC. announcements

623 Dhaka Stock Exchange announcements for Al-Arafah Islami Bank PLC. (ALARABANK) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2014 (30).

  1. Company News

    The Company has informed that the Board of Directors of the Company has taken decision, to purchase 51% share of Millennium Information Solution Ltd. i.e. 93,69,343 no. of share Tk. 16.01 (including premium) totaling Tk. 15.00 crore subject to obtaining approval from Regulatory Bodies.

  2. trade resume

    Normal trading of the shares of the Company will resume on 01.12.2014 for EGM.

  3. trade suspension

    Trading of the shares of the Company will remain suspended on record date i.e., 30.11.2014 for EGM.

  4. trade suspension

    Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle from 26.11.2014 to 27.11.2014. Trading of the shares of the Company will remain suspended on record date i.e., 30.11.2014 for EGM.

  5. Company news

    The Company has informed that the Board of Directors of the Company has taken the following decisions: (1) to issue Mudaraba Subordinated Bond (7 years Redeemable) for Tk. 300.00 crore to strengthen Bank's Tier II capital as requirement under Basel III in the name and style &quot;AIBL Mudaraba Subordinated Bond&quot; through private placement subject to approval of regulatory bodies and shareholders in the EGM; (2) to amend the clause no. 108.3.1 of Articles of Association of the Company. Date of EGM: 23.12.2014, Time: 10:00 AM, Venue: Al-Arafah Islami Bank Bhaban, Head Office (Proposed), 63, Purana Paltan, Dhaka. Record date for EGM: 30.11.2014. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div> The Company has informed that the Board of Directors of the Company has taken decision, among others, to purchase 4,500 sft. (approx.) floor (1st floor) area with proportionate land (2.25 decimal) at Kuti Bazar, Kashba, B. Baria @ Tk. 5,000.00 per sft. totaling Tk. 2,57,62,500.00 including registration cost (Price of Floor Space Tk. 2,25,00,000.00 + Registration Cost Tk. 32,62,500.00) subject to obtaining approval from Bangladesh Bank. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>

  6. Sponsors share sell

    Dr. Bahauddin Mohammad Yousuf, one of the Sponsors of the Company, has further reported that he has completed his sale of 1,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>

  7. Q3 Earning

    As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported consolidated profit/(loss) after tax (excluding non-controlling interests) of Tk. (226.86) million with consolidated EPS of Tk. (0.24) as against Tk. 625.63 million and Tk. 0.66 respectively for the same period of the previous year. Whereas consolidated profit after tax (excluding non-controlling interests) was Tk. 952.56 million with consolidated EPS of Tk. 1.01 for the period of nine months (Jan'14 to Sep'14) ended on 30.09.2014 as against Tk. 1,313.97 million and Tk. 1.39 respectively for the same period of the previous year. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>

  8. decided to issue Mudaraba Subordinated Bond

    The Company has informed that the Board of Directors of the Company has decided to issue Mudaraba Subordinated Bond (6 year Redeemable) for Tk. 300.00 crore to strengthen Bank's total capital as requirement under Basel III in the name and style &quot;AIBL Mudaraba Subordinated Bond&quot; through private placement subject to approval of regulatory bodies and share holders in the EGM. The date, time and venue of the EGM to be notified later on. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>

  9. Sponsors intention to sell share

    Dr. Bahauddin Mohammad Yousuf, one of the Sponsors of the Company, has expressed his intention to sell 1,00,000 shares out of his total holding of 36,76,802 shares of the Company at prevailing market price through Stock Exchange within October 31, 2014.

  10. Sponsor/Director Share Sale

    Dr. Bahauddin Mohammad Yousuf, one of the Sponsors of the Company, has further reported that he has completed his sale of 1,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.

  11. Sponsors Buy/Sell/Transfer

    AlHajj Abdul Moktadir, one of the Sponsors of the Company, has further reported that he has completed sale of his entire holding of 1,89,45,223 shares of the Company at prevailing market price through Stock Exchange as announced earlier.

  12. intention to sell

    Al Hajj Abdul Moktadir, one of the Sponsors of the Company, has expressed his intention to sell his entire holding of 1,89,45,223 shares of the Company at prevailing market price (In the block market) through Stock Exchange within next 30 working days.

  13. H/Y Earnings

    (H/Y): As per un-audited half yearly accounts as on 30.06.2014 (Jan'14 to June'14), the Company has reported consolidated net profit after tax (excluding non-controlling interests) of Tk. 1,179.42 million with consolidated EPS of Tk. 1.25 as against Tk. 688.34 million and Tk. 0.73 respectively for the same period of the previous year. Whereas consolidated net profit after tax (excluding non-controlling interests) was Tk. 691.10 million with consolidated EPS of Tk. 0.73 for the period of 3 months (Apr'14 to June'14) ended on 30.06.2014 as against Tk. 939.55 million and Tk. 0.99 respectively for the same period of the previous year.

  14. Credit Rating

    Credit Rating Agency of Bangladesh Limited (CRAB) has rated the Company as &quot;AA3&quot; in the long term and &quot;ST-2&quot; in the short term based on audited financial statements of the Company up to December 31, 2013 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

  15. sponsored share sell

    Dr. Bahauddin Mohammad Yousuf, one of the Sponsors of the Company, has further reported that he has completed his sale of 1,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.

  16. Sponsor/Director Share Sale

    Dr. Bahauddin Mohammad Yousuf, one of the Sponsors of the Company, has expressed his intention to sell 1,00,000 shares out of his total holding of 38,76,802 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

  17. Dr. Bahauddin Mohammad Yousuf, one of the Sponsors of the Company, has further reported that he has completed his sale o

    Dr. Bahauddin Mohammad Yousuf, one of the Sponsors of the Company, has further reported that he has completed his sale of 1,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.

  18. Alhaj Kazi Abu Kausar, one of the Sponsors of the Company, has further reported that he has completed his transfer of 20

    Alhaj Kazi Abu Kausar, one of the Sponsors of the Company, has further reported that he has completed his transfer of 20,00,000 shares of the Company to his wife Ruma Kausar by way of gift outside the trading system of the Exchange as announced earlier.

  19. Alhaj Kazi Abu Kausar, one of the Sponsors of the Company, has expressed his intention to transfer 20,00,000 shares out

    Alhaj Kazi Abu Kausar, one of the Sponsors of the Company, has expressed his intention to transfer 20,00,000 shares out of his total holding of 1,82,53,798 shares of the Company to his wife Ruma Kausar by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.

  20. (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Compan

    (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported consolidated net profit/(loss) after tax (excluding non-controlling interest) of Tk. 488.32 million with consolidated EPS of Tk. 0.52 as against Tk. (251.21) million and Tk. (0.27) respectively for the same period of the previous year.

  21. Dr. Bahauddin Mohammad Yousuf, one of the Sponsors of the Company, has expressed his intention to sell 1,00,000 shares o

    Dr. Bahauddin Mohammad Yousuf, one of the Sponsors of the Company, has expressed his intention to sell 1,00,000 shares out of his total holding of 40,76,802 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

  22. Dr. Bahauddin Mohammad Yousuf, one of the Sponsors of the Company, has further reported that he has completed his sale o

    Dr. Bahauddin Mohammad Yousuf, one of the Sponsors of the Company, has further reported that he has completed his sale of 1,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.

  23. Dr. Bahauddin Mohammad Yousuf, one of the Sponsors of the Company, has expressed his intention to sell 1,00,000 shares o

    Dr. Bahauddin Mohammad Yousuf, one of the Sponsors of the Company, has expressed his intention to sell 1,00,000 shares out of his total holding of 41,76,802 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

  24. The Company has informed that it has credited the bonus shares for the year ended on December 31, 2013 to the respective

    The Company has informed that it has credited the bonus shares for the year ended on December 31, 2013 to the respective shareholders' BO Accounts on April 07, 2014.

  25. Normal trading of the shares of the Company will resume on 16.03.2014 after record date.

    Normal trading of the shares of the Company will resume on 16.03.2014 after record date.

  26. Trading of the shares of the Company will remain suspended on record date i.e., 13.03.2014.

    Trading of the shares of the Company will remain suspended on record date i.e., 13.03.2014.

  27. Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be

    Trading of the shares of the Company 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 10.03.2014 to 12.03.2014. Trading of the shares of the Company will remain suspended on record date i.e., 13.03.2014.

  28. The Board of Directors has recommended 13.50% stock dividend for the year ended on December 31, 2013. Date of AGM: 30.03

    The Board of Directors has recommended 13.50% stock dividend for the year ended on December 31, 2013. Date of AGM: 30.03.2014, Time: 10:00 AM, Venue: Ichamati Hall, Hotel Agrabad, Chittagong. Record date: 13.03.2014. The Company has also reported consolidated EPS of Tk. 2.46, consolidated NAV per share of Tk. 19.29 and consolidated NOCFPS of Tk. 10.67 for the year ended on December 31, 2013.

  29. There will be no price limit on the trading of the shares of the Company today (02.03.2014) following its corporate decl

    There will be no price limit on the trading of the shares of the Company today (02.03.2014) following its corporate declaration.

  30. As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will

    As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on February 27, 2014 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2013.

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.