Bangladesh General Insurance Company PLC. announcements
350 Dhaka Stock Exchange announcements for Bangladesh General Insurance Company PLC. (BGIC) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (14).
- Confirming Transmission of Deceased Sponsor's shares
The Company has further informed that a total 3,41,251 shares of Late Abu Zafar Humayun, a Sponsor shareholder of Bangladesh General Insurance Company Limited, has been transmitted to his successors (wife, son and daughter) in the following manner according to the Succession Certificate issued by the Honorable Court: (1) 42,656 shares to Rina Humayun, (2) 1,99,063 shares to Sohil Humayun (Public Director) and (3) 99,532 shares to Prema Humayun.
- Q3 Financials
EPS was Tk. 0.28 for July-September, 2015 as against Tk. 0.30 for July-September, 2014; EPS was Tk. 1.78 for January-September, 2015 as against Tk. 1.76 for January-September, 2014. NOCFPS was Tk. 0.72 for January-September, 2015 as against Tk. 1.41 for January-September, 2014. NAV per share was Tk. 20.31 as of September 30, 2015 and Tk. 19.63 as of December 31, 2014.
- 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 27, 2015 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2015.
- Transmission of Deceased Sponsor's share to his nominee
Referring to their earlier news (disseminated by DSE on 17.09.2015), regarding Transmission of Deceased Sponsor's shares to his nominees, the Company has further informed that the 01 share of the Company could not be transferred according to the Succession Certificate. It will now be transmitted to Prema Humayun (daughter), without any objection of other successors.
- Transmission of Deceased Sponsor's shares to his nominees
The Company has informed that Abu Zafar Humayun, Sponsor Shareholder of the Company passed away on 18.05.2015. His present holding is 3,41,251 shares. These shares will be transmitted to his successors (wife, son and daughter) in the following manner according to the Succession Certificate issued by the Honorable Court: (1) 42,656 shares to Rina Humayun, (2) 1,99,063 shares to Sohil Humayun (Public Director) and (3) 99,531 shares to Prema Humayun.
- Q2 Financials
EPS for April-June, 2015 was Tk. 0.63 as against Tk. 0.66 for April-June, 2014, EPS for Jan-June, 2015 was Tk. 1.50 as against Tk. 1.47 for Jan-June, 2014. NOCFPS was Tk. 1.21 for Jan-June, 2015 as against Tk. 1.95 for Jan-June, 2014. NAV per share was Tk. 21.17 as of June 30, 2015 and Tk. 19.63 as of December 31, 2014.
- Credit Rating
ARGUS Credit Rating Services Limited (ACRSL) has announced the CPA (Claim Paying Ability) Rating of the Company as 'A+' for long term and 'ST-2' for short term in consideration of financials of the Company up to December 31, 2014 (audited), Q1FY15 (unaudited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Q1 Financials
(Q1 Un-audited): Net Profit after tax from Jan15 to March15 was Tk. 46.80 million with EPS of Tk. 0.87 as against Tk. 43.51 million and Tk. 0.81 respectively for the same period of the previous year.
- Resuption News after Record date
Normal trading of the shares of the Company will resume on 26.04.2015 after record date.
- Suspension News for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 23.04.2015.
- 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 21.04.2015 to 22.04.2015. Trading of the shares of the Company will remain suspended on record date i.e., 23.04.2015.
- Dividend Declaration
The Board of Directors has recommended 12% cash dividend for the year ended on December 31, 2014. Date of AGM: 11.06.2015, Time: 11:00 AM, Venue: Dhaka Ladies Club, Eskaton Garden Road, Dhaka. Record date: 23.04.2015. The Company has also reported EPS of Tk. 1.31, NAV per share of Tk. 19.63 and NOCFPS of Tk. 2.18 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 (12.04.2015) 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 April 09, 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.