Bank Asia PLC. announcements
506 Dhaka Stock Exchange announcements for Bank Asia PLC. (BANKASIA) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (28).
- Transfer of shares outside the Trading System of the Exchange
Dhaka Stock Exchange PLC. (DSE) has approved the transfer of total 3,000,000 shares of Bank Asia PLC. of Mrs. Hosneara Sinha, a sponsor of the company, to Union Capital Limited (the transferee) within 30 working days with effect from December 09, 2024 under Regulation 47 (1)(d) of the Dhaka Stock Exchange (Listing) Regulations, 2015 as well as other applicable laws.
- BSEC's consent regarding issuance Unsecured, Nonconvertible Bond
Refer to the earlier news disseminated by DSE on 05.06.2024, the company has further informed that Bangladesh Securities and Exchange Commission (BSEC), vide their letter dated November 28, 2024 has accorded its consent to the company for raising capital through issuance of Unsecured, Nonconvertible, and Fully Redeemable Floating Rate Subordinated Bond of Tk. 4,000,000,000.00 (Four hundred crore Taka) only (cont.) (Cont. news of BANKASIA): divided into 400 (four hundred) bonds of Tk. 10,000,000.00 each through private placement. The consent has been accorded subject to compliance of relevant laws and regulatory requirements as per BSEC (Debt Securities) Rules, 2021 and also adherence to the conditions imposed by BSEC under Section-2CC of the Securities and Exchange Ordinance, 1969. The Purpose of the proposed bond is to strengthen the capital base of the bank. (end)
- (Q3 Un-audited): Consolidated EPS was Tk. (0.89) for July-September 2024 as against Tk. 0.18 for July-September 2023; Co
(Q3 Un-audited): Consolidated EPS was Tk. (0.89) for July-September 2024 as against Tk. 0.18 for July-September 2023; Consolidated EPS was Tk. 1.76 for January-September 2024 as against Tk. 3.06 for January-September 2023. Consolidated NOCFPS was Tk. 32.91 for January-September 2024 as against Tk. 17.06 for January-September 2023. Consolidated NAV per share was Tk. 26.55 as on September 30, 2024 and Tk. 26.26 as on September 30, 2023. (cont.)
- Q3 Financials
(Cont. news of BANKASIA): Reasons for deviation in NOCFPS and EPS: NOCFPS increased mainly due to cash inflow by way of increase in deposit. EPS decreased mainly due to maintaining higher provision. (end)
The first part of this announcement is missing from the archive. - Appointment of Company Secretary
The Company has informed that the Board of Directors has decided to appoint Mr. Zahid Hasan, FVP as the Acting Company Secretary of the company.
- 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 31, 2024 at 2:35 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- (Q2 Un-audited): Consolidated EPS was Tk. 1.98 for April-June 2024 as against Tk. 1.81 for April-June 2023; Consolidated
(Q2 Un-audited): Consolidated EPS was Tk. 1.98 for April-June 2024 as against Tk. 1.81 for April-June 2023; Consolidated EPS was Tk. 2.65 for January-June 2024 as against Tk. 2.88 for January-June 2023. Consolidated NOCFPS was Tk. 28.95 for January-June 2024 as against Tk. 14.43 for January-June 2023. Consolidated NAV per share was Tk. 26.51 as on June 30, 2024 and Tk. 25.80 as on June 30, 2023. (cont.)
- Q2 Financials
(Continuation news of BANKASIA): Reasons for deviation in EPS and NOCFPS: EPS has been increased due to maintaining higher provision compared to same quarter of last year. NOCFPS has been increased mainly due to cash inflow by way of increase in deposit. (end)
The first part of this announcement is missing from the archive. - 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 Board Meeting under LR 16(1)
The Company has further informed that due to unavoidable circumstances the meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on July 31, 2024 at 02:35 PM instead of July 30, 2024 at 02:31 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- 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 30, 2024 at 02:31 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the rating of the Company as "AA1" 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, as well as other relevant quantitative and qualitative information up to the date of rating declaration.
- Issuance of Seven-Year Floating Rate Non-Convertible Subordinated Bond
This is for information of all concerned that the Board of Directors of the company in its meeting held on June 04, 2024 has approved the issuance of Seven-Year Floating Rate Non-Convertible Subordinated Bond with an issue price of Tk. 8,000,000,000.00 (Taka eight billion) through private placement to raise regulatory capital (Tier-2) of the bank as per Basel III norms, subject to the approval of regulatory authorities.
- Resumption after Record date
Trading of the shares of the company will resume on 21.05.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 20.05.2024.
- 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 16.05.2024 to 19.05.2024 and trading of the shares will remain suspended on record date i.e., 20.05.2024.
- (Q1 Un-audited): Consolidated EPS was Tk. 0.67 for January-March 2024 as against Tk. 1.14 for January-March 2023; Consol
(Q1 Un-audited): Consolidated EPS was Tk. 0.67 for January-March 2024 as against Tk. 1.14 for January-March 2023; Consolidated NOCFPS was Tk. 17.44 for January-March 2024 as against Tk. 13.77 for January-March 2023. Consolidated NAV per share was Tk. 25.85 as on March 31, 2024 and Tk. 23.98 as on March 31, 2023. (cont.)
- Q1 Financials
(Continuation news of BANKASIA): Reason for deviations EPS and NOCFPS: EPS has been decreased mainly due to maintaining higher provision compared to same quarter of last year. NOCFPS has been increased due to cash inflow by way of increase in deposit and lower growth of loans and advances. (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 May 13, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
- The Board of Directors has recommended 15\% Cash Dividend for the year ended December 31, 2023. Date of AGM: 23.06.2024,
The Board of Directors has recommended 15\% Cash Dividend for the year ended December 31, 2023. Date of AGM: 23.06.2024, Time: 11:00 AM. Venue: Digital Platform. Record Date: 20.05.2024. The Company has also reported Consolidated EPS of Tk. 1.79, Consolidated NAV per share of Tk. 25.22 and Consolidated NOCFPS of Tk. (5.69) for the year ended December 31, 2023 as against Tk. 2.62, Tk. 24.41 and Tk. 13.82 respectively for the year ended December 31, 2022. (cont.)
- Dividend Declaration
(Cont. news of BANKASIA): EPS decreased mainly due to maintaining higher provision compared to last year. NOCFPS decreased mainly for adjustment of Borrowings from other banks, financial institutions and agents. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.04.2024) following its corporate declaration.
- The company has informed that the Board of Directors of the company has approved in its meeting held on April 18, 2024,
The company has informed that the Board of Directors of the company has approved in its meeting held on April 18, 2024, in principle, of negotiated acquisition of the assets & liabilities of Bank Alfalah Limited, Bangladesh Operations, by Bank Asia PLC., subject to compliance of all formalities and approval from regulatory authorities. The Board of Directors of Bank Asia PLC., in the same meeting, has also approved of authorizing (cont.)
- Board approval for acquisition of assets & liabilities of Bank Alfalah
(Continuation news of BANKASIA): the bank management to carry out all necessary formalities for taking in-principle approval of the aforesaid acquisition from Bangladesh Bank, and signing the Declaration/Undertaking of Confidentiality as part of due diligence process. (end)
The first part of this announcement is missing from the archive. - 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 be held on April 28, 2024 at 3:00 PM instead of April 25, 2024 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
- 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 'Bank Asia PLC.' instead of 'Bank Asia Limited' with effect from April 22, 2024. Other things (except name) will remain unchanged.
- 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 25, 2024 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
- Appointment of Managing Director
The company has informed that Mr. Sohail Reza Khaled Hussain has been appointed as the President and Managing Director of the company and assumed office on February 11, 2024.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.