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 2022 (22).
- Alpha Credit Rating Limited (AlphaRating) has rated the Company as \"AA+\" in the long term and \"ST-1\" in the short te
Alpha Credit Rating Limited (AlphaRating) has rated the Company as \"AA+\" in the long term and \"ST-1\" in the short term along with a Stable outlook based on audited financial statements of the Company as on December 31, 2021 and relevant qualitative information till October 30, 2022.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 1.45 for July-September, 2022 as against Tk. 1.70 for July-September, 2021; EPS was Tk. 2.87 for January-September, 2022 as against Tk. 3.18 for January-September, 2021. NOCFPS was Tk. 1.67 for January-September, 2022 as against Tk. 4.20 for January-September, 2021. NAV per share was Tk. 27.72 as on September 30, 2022 and Tk. 28.09 as on September 30, 2021.
- Confirmation of share transfer by a Sponsor Director
Mr. Abul Bashar Chowdhury, one of the Sponsors Directors of the Company, has further informed that he has completed transfer of 9,41,293 shares of the company to his Daughter Ms. Rubaiya Tasnim Chowdhury, General Shareholder of the Company, by way of gift outside the trading system of the Exchange (CSE) as per declaration disseminated on 03.10.2022.
- Confirmation of share transfer by a Sponsor
Mr. Mahbubul Alam, one of the Sponsors of the Company, has further informed that he has completed transfer of 9,41,293 shares of the company to his daughter Ms. Munal Mahbub, General Shareholder of the Company, by way of gift outside the trading system of the Exchange (CSE) as per declaration disseminated on 03.10.2022.
- 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 24, 2022 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2022.
- Declaration of share transfer by a Sponsor Director
Mr. Abul Bashar Chowdhury, one of the Sponsor Directors of the Company, has expressed his intention to transfer 9,41,293 shares out of his holdings 18,82,793 shares of the Company to his Daughter Ms. Rubaiya Tasnim Chowdhury, General Shareholder of the Company, by way of gift outside the trading system of the Exchange within October 31, 2022 from the date of issuance of approval letter by CSE.
- Declaration of share transfer by a Sponsor
Mr. Mahbubul Alam, one of the Sponsors of the Company, has expressed his intention to transfer 9,41,293 shares out of his holdings 18,82,793 shares of the Company to his daughter Ms. Munal Mahbub, General Shareholder of the Company, by way of gift outside the trading system of the Exchange (CSE) within October 31, 2022.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.87 for April-June 2022 as against Tk. 0.75 for April-June 2021; EPS was Tk. 1.42 for January-June 2022 as against Tk. 1.48 for January-June 2021. NOCFPS was Tk. 2.63 for January-June 2022 as against Tk. 2.57 for January-June 2021. NAV per share was Tk. 26.42 as on June 30, 2022 and 25.30 as on June 30, 2021.
- 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 28, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2022.
- Resumption after record date
Trading of the shares of the company will resume on 08.06.2022 after record date.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 07.06.2022.
- 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 05.06.2022 to 06.06.2022. Trading of the shares of the Company will remain suspended on record date i.e., 07.06.2022.
- The auditor of the Asia Insurance Ltd. has given the \"Emphasis of Matters\" paragraphs on the audited financial stateme
The auditor of the Asia Insurance Ltd. has given the \"Emphasis of Matters\" paragraphs on the audited financial statements for the year ended December 31, 2021. Emphasis of Matters: Without qualifying our opinion, we draw attention to the following matter: 1. Shareholding position of the sponsors need be maintained at 60\% rather than 40\% now appearing, (cont.1)
- (Continuation news of ASIAINS): in order to maintain compliance under section 21 schedule 1 of the Insurance Act 2010. 2
(Continuation news of ASIAINS): in order to maintain compliance under section 21 schedule 1 of the Insurance Act 2010. 2. Worker\'s Profit Participation Fund (WPPF) should be introduced under section 232 & 234 of The Bangladesh Labor Act 2006 (amended in 2018), considering the amount of paid-up capital and permanent assets figure more than Tk.47 crore & 19 crore respectively, (cont.2)
The first part of this announcement is missing from the archive. - Emphasis of Matters
(Continuation news of ASIAINS): but the matter of treatment of the workers of Insurance Company under labor law appears questionable as per IDRA observation vide Ref. No. 53.03.0000.075.22.29.2021.30 Dated: 02 June 2021. (end)
The first part of this announcement is missing from the archive. - Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.55 for January-March 2022 as against Tk. 0.74 for January-March 2021. NOCFPS was Tk. 2.13 for January-March 2022 as against Tk. 3.59 for January-March 2021. NAV per share was Tk. 27.02 as on March 31, 2022 and Tk. 25.14 as on March 31, 2021.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (11.05.2022) following its corporate declaration.
- Dividend Declaration
The Board of Directors has recommended 15% cash for the year ended December 31, 2021. Date of AGM: 26.07.2022, Time: 12:00 Noon. Venue: Digital Platform. Record Date: 07.06.2022. The Company has also reported EPS of Tk. 3.29, NAV per share of Tk. 26.57 and NOCFPS of Tk. 6.83 for the year ended December 31, 2021 as against Tk. 2.34, Tk. 24.52 and Tk. 5.99 respectively for the same period of the previous year.
- 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 May 10, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2022.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that, due to unavoidable circumstances, the Board meeting under LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on May 10, 2022 at 3:00 PM instead of April 26, 2022 at 2:30 PM to consider, among others, audited financial statements of the Company for the year ended December 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 26, 2022 at 2:30 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.