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 2015 (19).
- Q3 Financials
Consolidated EPS was Tk. 0.40 for July-September, 2015 as against Tk. (0.24) for July-September, 2014; Consolidated EPS was Tk. 1.15 for January-September, 2015 as against Tk. 1.01 for January-September, 2014. Consolidated NOCFPS was Tk. 6.43 for January-September, 2015 as against Tk. 5.16 for January-September, 2014. Consolidated NAV per share was Tk. 19.36 as of September 30, 2015 and Tk. 18.80 as of September 30, 2014.
- Confirmation of sale by a Sponsor
Dr. Bahauddin Mohammad Yousuf, one of the Sponsors of the Company, has further reported that he has completed his sale of 8,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale declaration by a Sponsor
Dr. Bahauddin Mohammad Yousuf, one of the Sponsors of the Company, has expressed his intention to sell 8,00,000 shares out of his total holding of 34,76,802 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Q2 Financials
Consolidated EPS for April-June, 2015 was Tk. 0.55 as against Tk. 0.73 for April-June, 2014, consolidated EPS for Jan-June, 2015 was Tk. 0.75 as against Tk. 1.25 for Jan-June, 2014. Consolidated NOCFPS was Tk. 9.24 for Jan-June, 2015 as against Tk. 1.67 for Jan-June, 2014. Consolidated NAV per share was Tk. 18.85 as of June 30, 2015 and Tk. 18.39 as of June 30, 2014.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the rating of the Company as "AA2" in the long term and "ST-2" in the short term along with a stable outlook based on audited financial statements of the Company up to 31 December 2014 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Mudaraba Subordinated Bond
The Company has informed that BSEC has given consent under the provisions of the Securities and Exchange Commission (Private Placement of Debt Securities) Rules, 2012, for raising of capital of Al-Arafah Islami Bank Limited amounting to Tk. 300.00 crore only through issuance of Mudaraba Subordinated Bond. The consent has been accorded subject to the condition that the company shall comply with the relevant laws and Regulatory requirements, and shall also adhere to the conditions imposed by BSEC under Section2CC of the Securities and Exchange Ordinance, 1969.
- Q1 Financials
Consolidated Net Profit after tax (excluding non-controlling interest) from Jan15 to March15 was Tk. 186.92 million with consolidated EPS of Tk. 0.20 as against Tk. 488.32 million and Tk. 0.52 respectively for the same period of the previous year.
- Dividend Disbursement
The Company has informed that it has transferred the cash dividend for the year 2014 to the respective shareholders bank account through BEFTN/MICR encoded Dividend Warrants/Payment Warrants on 15.04.2015 and dispatch of the same completed through courier services on 30.04.2015.
- Confirmation of sale by Sponsor
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.
- Declaration of sale by Sponsor
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 35,76,802 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Resumption News after Record Date
Normal trading of the shares of the Company will resume on 16.03.2015 after record date.
- Confirmation of Transfer by Sponsor/Director
Alhajj Mohammad Haroon, one of the Sponsors/Directors of the Company, has further reported that he has completed his transfer of total 27,00,000 shares of the Company to his daughter and sons namely, Rukshana Mumtaz Hussain (9,00,000 shares), Akther Hussain (9,00,000 shares) and Akram Hussain (9,00,000 shares) by way of gift outside the trading system of the Exchange as announced earlier.
- Suspension News for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 15.03.2015.
- Declaration of Transfer by Sponsor /Director
Alhajj Mohammad Haroon, one of the Sponsors/Directors of the Company, has expressed his intention to transfer total 27,00,000 shares out of his total holdings of 2,17,49,599 shares of the Company to his daughter and sons namely, Rukshana Mumtaz Hussain (9,00,000 shares), Akther Hussain (9,00,000 shares) and Akram Hussain (9,00,000 shares) 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.
- Spot News for AGM
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 11.03.2015 to 12.03.2015. Trading of the shares of the Company will remain suspended on record date i.e., 15.03.2015.
- Furnishing 12 digit e-TIN Number
The Company has requested the shareholders to update their BO Accounts with 12 digits e-TIN number before the Record Date declared by the Bank. If any Account Holder fails to update his/her BO Account with e-TIN, disbursement of his/her dividend will be subject to deduction of Advance Income Tax (AIT) 15% instead of 10% (for individual) as per Section 54 of the amended Income Tax Ordinance, 1984.
- Dividend
The Board of Directors has recommended 14% cash dividend for the year ended on December 31, 2014. Date of AGM: 31.03.2015, Time: 10:00 AM, Venue: Al-Arafah Islami Bank Bhaban (Proposed), Head Office, 63, Purana Paltan, Dhaka. Record Date: 15.03.2015. The Company has also reported consolidated EPS of Tk. 2.20, consolidated NAV per share of Tk. 17.51 and consolidated NOCFPS of Tk. 4.68 for the year ended on December 31, 2014.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (02.03.2015) following its corporate declaration.
- Board Meeting schedule under LR 30
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on March 01, 2015 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2014.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.