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 2024 (21).
- Name Change of the Company
Dhaka Stock Exchange PLC. (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Company will be 'Asia Insurance PLC.' instead of 'Asia Insurance Limited' with effect from November 11, 2024. Other things (except name) will remain unchanged.
- (Q3 Un-audited): EPS was Tk. 0.61 for July-September, 2024 as against Tk. 1.11 for July-September, 2023; EPS was Tk. 1.4
(Q3 Un-audited): EPS was Tk. 0.61 for July-September, 2024 as against Tk. 1.11 for July-September, 2023; EPS was Tk. 1.48 for January-September, 2024 as against Tk. 2.54 for January-September, 2023. NOCFPS was Tk. 2.93 for January-September, 2024 as against Tk. 2.16 for January-September, 2023. NAV per share was Tk. 28.55 as on September 30, 2024 and Tk. 27.40 as on December 31, 2023. Reasons for deviation in EPS and NOCFPS: (cont.)
- Q3 Financials
(Cont. news of ASIAINS): EPS has been decreased due to provision against diminution value of share increase of Tk. 44,225,695.00 against investment of share & additional Tax liability Tk. 12,084,043.00 payment at the time of final settlement of Company's income tax against assessment year 2021-2022 & year 2022-2023 compared to previous year. NOCFPS increased due to reduce of re-insurance premium ceded Tk. 59,098,422.00 compared to previous year. (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 October 28, 2024 at 3:15 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2023 to the respective shareholders.
- Reschedule of AGM date
Refer to their earlier news disseminated by DSE on 19.08.2024 regarding postponement of AGM, the company has further informed that the AGM of the company will be held on September 17, 2024 at 12:00 noon by using digital platform.
- Regarding postponement of 24th Annual General Meeting
Refer to their earlier news disseminated by DSE on 30.07.2024 regarding AGM date, the company has further informed that the 24th AGM has been postponed and the new date & time of 24th AGM of the company will be notified later.
- (Q2 Un-audited): EPS was Tk. 0.51 for April-June 2024 as against Tk. 1.22 for April-June 2023; EPS was Tk. 0.88 for Janu
(Q2 Un-audited): EPS was Tk. 0.51 for April-June 2024 as against Tk. 1.22 for April-June 2023; EPS was Tk. 0.88 for January-June 2024 as against Tk. 1.43 for January-June 2023. NOCFPS was Tk. 1.29 for January-June 2024 as against Tk. 1.81 for January-June 2023. NAV per share was Tk. 28.03 as on June 30, 2024 and Tk. 27.29 as on June 30, 2023. (cont.)
- Q2 Financials
(Continuation news of ASIAINS): Reasons for deviation in EPS and NOCFPS: EPS decreased due to increase of provision against diminution value of share against investment of shares and additional tax liability payment compared to previous year. NOCFPS decreased due to increase of payments against claim, management expenses and additional tax liability as compared to earlier period. (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 August 04, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- Regarding AGM date
Refer to their earlier news disseminated by DSE on 27.07.2024 regarding postponement of 24th AGM, the company has further informed that the AGM will be held on August 20, 2024 at 12:00 Noon by using Digital Platform.
- Regarding Postponement of 24th AGM of the Company
Refer to their earlier news disseminated by DSE on 30.04.2024 regarding dividend declaration, the company has further informed that the 24th AGM of the company which was scheduled to be held on July 22, 2024 at 12:00 noon through virtually by using digital platform has been postponed due to unexpected downfall of internet services all over the country. The date and time of the forthcoming 24th AGM(virtual) will be notified later in due course.
- Credit Rating Result
Alpha Credit Rating Limited has assigned Surveillance rating of the Company as "AA+" in the long term and "ST-1" in the short term along with Stable outlook based on audited financial statements up to December 31, 2023 and relevant qualitative information till June 11, 2024.
- Resumption after Record date
Trading of the shares of the company will resume on 27.05.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 26.05.2024.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 21.05.2024 to 23.05.2024 and trading of the shares will remain suspended on record date i.e., 26.05.2024.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.37 for January-March 2024 as against Tk. 0.21 for January-March 2023. NOCFPS was Tk. 0.04 for January-March 2024 as against Tk. 0.22 for January-March 2023. NAV per share was Tk. 27.87 as on March 31, 2024 and Tk. 27.40 as on December 31, 2023.
- 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 13, 2024 at 2:45 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
- Dividend Declaration
The Board of Directors has recommended 11% cash dividend for the year ended December 31, 2023. Date of AGM: 22.07.2024, Time: 12:00 Noon (BST). Venue: Digital Platform. Record Date: 26.05.2024. The Company has also reported EPS of Tk. 2.02, NAV per share of Tk. 27.40 and NOCFPS of Tk. 2.70 for the year ended December 31, 2023 as against Tk. 2.09, Tk. 26.88 and Tk. 4.73 respectively for the year ended December 31, 2022.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.04.2024) following its corporate declaration.
- 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 29, 2024 at 2:45 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.