DSE:ASIAINS

Asia Insurance PLC. announcements

264 Dhaka Stock Exchange announcements for Asia Insurance PLC. (ASIAINS) since 2009: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2010 (28).

  1. The company has further informed that the subscription period for rights issue will be from 31.03.2011 to 25.04.2011. Re

    The company has further informed that the subscription period for rights issue will be from 31.03.2011 to 25.04.2011. Record date for entitlement of rights share: 06.01.2011. The purpose of issuance of rights shares is to enhance financial strength and expansion of business of the company.

  2. SEC has approved the Rights offer of Asia Insurance Ltd. for 1,65,00,000 ordinary shares of Tk. 10.00 each at an issue p

    SEC has approved the Rights offer of Asia Insurance Ltd. for 1,65,00,000 ordinary shares of Tk. 10.00 each at an issue price of Tk. 20.00 per share (including a premium of Tk. 10.00 each) totaling Tk. 33,00,00,000.00 only at a ratio of 1R: 1, i.e. one Rights share for one existing share. The approval has been accorded subject to the condition that the company shall comply with the requirements embodied in the Securities and Exchange Commission (Rights Issue) Rules, 2006 and other relevant laws and Regulatory Requirements, and shall also adhere to the conditions imposed by SEC under Section-2CC of the Securities and Exchange Ordinance, 1969.

  3. (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2010 (Jan'10 to Sep'10), the comp

    (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2010 (Jan'10 to Sep'10), the company has reported net profit after tax of Tk. 44.63 million with EPS of Tk. 2.71(considering face value of Tk. 10.00 per share) for the period of nine months (Jan'10 to Sep'10) ended on 30.09.10 as against Tk. 35.07 million and Tk. 2.13 (restated) respectively for the same period of the previous year.

  4. Normal trading of the shares of the company will resume on 27.10.10 after Record Date with new face value of Tk. 10.00,

    Normal trading of the shares of the company will resume on 27.10.10 after Record Date with new face value of Tk. 10.00, market lot of 250 shares and adjusted open price of Tk. 138.90 as announced earlier.

  5. Following the change of the denomination of shares and market lot with effect from 26.10.10 (record date), the new face

    Following the change of the denomination of shares and market lot with effect from 26.10.10 (record date), the new face value of the shares of the company will be Tk. 10.00 instead of Tk. 100.00 per share, market lot will be 250 shares instead of 50 shares and the new adjusted open price of shares will be Tk. 138.90 per share.

  6. Trading of the shares of the company will remain suspended on record date i.e. 26.10.10 for changing the Face Value and

    Trading of the shares of the company will remain suspended on record date i.e. 26.10.10 for changing the Face Value and Market Lot.

  7. 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 from 21.10.10 to 25.10.10. Trading of the shares of the company will remain suspended on record date i.e. 26.10.10 for changing the Face Value and Market Lot.

  8. The company has further informed that the Board of Directors of the company has decided to fix the Record date on 26.10.

    The company has further informed that the Board of Directors of the company has decided to fix the Record date on 26.10.10 for changing the Denomination of Share.

  9. The company has informed that the Board of Directors of the company has decided to form a separate subsidiary company na

    The company has informed that the Board of Directors of the company has decided to form a separate subsidiary company named "Asia Insurance Capital Limited" for Merchant Banking Operations subject to permission from the Securities and Exchange Commission.

  10. Securities and Exchange Commission has regretted its inability to accord consent to issue rights shares to the existing

    Securities and Exchange Commission has regretted its inability to accord consent to issue rights shares to the existing shareholders of Asia Insurance Ltd. since Mr. Yussuf Abdullah Harun, one of the Directors of the company, is a loan defaulter as informed by Bangladesh Bank.

  11. SEC has accorded its consent to the proposed change in the denomination of share value (face value) of Asia Insurance Lt

    SEC has accorded its consent to the proposed change in the denomination of share value (face value) of Asia Insurance Ltd. from Tk. 100.00 to Tk. 10.00 each as well as market lot from 50 to 250 shares.

  12. As per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), the company has reported profit after tax o

    As per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), the company has reported profit after tax of Tk. 28.09 million with EPS of Tk. 17.02 as against Tk. 24.53 million and Tk. 14.86 (restated) respectively for the same period of the previous year.

  13. The Rating Committee of CRISL has announced the CPA (Claim Paying Ability) Rating of Asia Insurance Company Ltd. as "A"

    The Rating Committee of CRISL has announced the CPA (Claim Paying Ability) Rating of Asia Insurance Company Ltd. as "A" based on financial statements of the company up to December 2009 and other relevant quantitative as well as qualitative information up to date of rating declaration.

  14. DSE NEWS: The Stock Brokers and Merchant Bankers are requested not to provide loan facilities to purchase shares of Asia

    DSE NEWS: The Stock Brokers and Merchant Bankers are requested not to provide loan facilities to purchase shares of Asia Insurance Ltd. between 1st to 30th trading day after change of categorization of the said security i.e. starting from 08.07.2010 as per SEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009 and SEC Order No. SEC/CMRRCD/2001-50/167 dated October 01, 2009 respectively.

  15. The company will be placed in "A" category from existing "N" category with effect from 08.07.10 as the company reported

    The company will be placed in "A" category from existing "N" category with effect from 08.07.10 as the company reported disbursement of stock dividend @ 10% for the year 2009.

  16. The company has informed that it has credited the stock dividend for the year 2009 to the respective shareholders' BO Ac

    The company has informed that it has credited the stock dividend for the year 2009 to the respective shareholders' BO Accounts on 27.06.10.

  17. The company has informed that the Board of Directors of the company has recommended to change of denomination of Shares

    The company has informed that the Board of Directors of the company has recommended to change of denomination of Shares from Tk. 100.00 to Tk. 10.00 and market lot from 50 shares to 250 shares per lot subject to the approval of Regulatory Authorities and the Shareholders.

  18. As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2010 (Jan'10 to Mar'10), the company has re

    As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2010 (Jan'10 to Mar'10), the company has reported net profit after tax of Tk. 16.92 million with basic EPS of Tk. 11.28 as against Tk. 12.77 million and Tk. 21.29 (based on Pre-IPO paid up share) respectively for the same period of the previous year. However, considering proposed bonus share @ 10% for the year 2009, diluted EPS will be Tk. 10.25 as on 31.03.10 and Tk. 7.74 (restated) as on 31.03.09.

  19. Normal trading of the shares of the company will resume on 21.04.10 after record date for AGM and EGM. Another record da

    Normal trading of the shares of the company will resume on 21.04.10 after record date for AGM and EGM. Another record date for entitlement of the proposed right share to be notified later after obtaining approval from SEC.

  20. Trading of the shares of the company will remain suspended on record date i.e. 20.04.10 for AGM and EGM. Another record

    Trading of the shares of the company will remain suspended on record date i.e. 20.04.10 for AGM and EGM. Another record date for entitlement of the proposed right share to be notified later after obtaining approval from SEC.

  21. 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 15.04.10 to 19.04.10. Trading of the shares of the company will remain suspended on record date i.e. 20.04.10 for AGM and EGM. Another record date for entitlement of the proposed rights share to be notified later after obtaining approval from SEC.

  22. There will be no price limit on the trading of the shares of the company today (11.04.10) following its corporate declar

    There will be no price limit on the trading of the shares of the company today (11.04.10) following its corporate declaration.

  23. (continuation of news of ASIAINS): Date of EGM and AGM: 17.06.10, Time of EGM and AGM: 11:00 a.m. and 11:30 a.m. respect

    (continuation of news of ASIAINS): Date of EGM and AGM: 17.06.10, Time of EGM and AGM: 11:00 a.m. and 11:30 a.m. respectively, Venue: Bangabandhu International Conference Centre, Sher-E-Bangla Nagar, Dhaka. Record Date for EGM and AGM: 20.04.10. Another record date for entitlement of the proposed rights share to be notified later after obtaining approval from SEC. The company has also reported EPS of Tk. 31.19, Net Asset Value per share of Tk. 169.26 and Net Operating Cash flow per Share of Tk. 88.26 for the year ended on 31.12.09.

    The first part of this announcement is missing from the archive.
  24. The Board of Directors has recommended stock dividend @ 10% for the year 2009. The Board has also recommended for raisin

    The Board of Directors has recommended stock dividend @ 10% for the year 2009. The Board has also recommended for raising paid up capital by issuing right shares @ 1R: 1 (i.e. one right share for every one share) at an issue price of Tk. 200.00 each (including a premium of Tk. 100.00) on paid up capital after considering stock dividend for the year ended 2009 subject to the approval of shareholders and Regulatory Authorities. The Board has also decided to increase the Authorized Capital of the company from Tk. 30.00 crore to Tk. 100.00 crore and accordingly, Memorandum and Articles of Association of the company will be amended subject to the approval of shareholders in the EGM and Regulatory Authorities. (continue)

  25. As per Regulation 30 of DSE Listing Regulations, the company has informed that a meeting of the Board of Directors of th

    As per Regulation 30 of DSE Listing Regulations, the company has informed that a meeting of the Board of Directors of the company will be held on 10.04.2010 at 3:00 PM to consider, among other things, audited financial statements of the company for the year ended on December 31, 2009.

  26. In response to a DSE query dated 14.02.2010, the company has informed that there is no undisclosed price sensitive infor

    In response to a DSE query dated 14.02.2010, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike.

  27. The Company has informed that the Board of Directors of the Company has given approval to purchase a floor space measuri

    The Company has informed that the Board of Directors of the Company has given approval to purchase a floor space measuring of 21,507 sft. @ Tk. 6,640.00 per sft. constructed on the 14th floor of "Rupayan Trade Centre", 114 & 115, Kazi Nazrul Islam Avenue (Banglamotor More), Dhaka along with undivided and undemarcated proportionate share of land measuring 35.69 Katah, equivalent to 58.90 decimals with 06 (Six) car parks at Basement and utility connection fees at a cost of Tk. 14,58,56,480.00 only without registration cost for their Head Office and a newly proposed Branch Office.

  28. As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2009 (January to September), the Compan

    As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2009 (January to September), the Company has reported net profit after tax of Tk. 37.54 million with EPS of Tk. 25.03 as against Tk. 22.65 m. and Tk. 37.75 respectively for the same period of the previous year.

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