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 2021 (21).
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.30 for July-September 2021 as against Tk. 0.28 for July-September 2020; EPS was Tk. 1.88 for January-September 2021 as against Tk. 1.20 for January-September 2020. NOCFPS was Tk. 3.72 for January-September 2021 as against Tk. 3.56 for January-September 2020. NAV per share was Tk. 20.12 as on September 30, 2021 and Tk. 19.01 as on September 30, 2020.
- 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 30, 2021 at 10:00 AM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.
- ARGUS Credit Rating Services Limited (ACRSL) has announced the CPA (Claim Paying Ability) rating of the Company as "AA+"
ARGUS Credit Rating Services Limited (ACRSL) has announced the CPA (Claim Paying Ability) rating of the Company as "AA+" for long term and "ST-2" for short term in consideration of financials of the Company up to December 31, 2020 (audited), Q2FY21 (unaudited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended on December 31, 2020 to the respective shareholders.
- (Q2 Un-audited): EPS was Tk. 0.89 for April-June 2021 as against Tk. 0.52 for April-June 2020; EPS was Tk. 1.58 for Janu
(Q2 Un-audited): EPS was Tk. 0.89 for April-June 2021 as against Tk. 0.52 for April-June 2020; EPS was Tk. 1.58 for January-June 2021 as against Tk. 0.92 for January-June 2020. NOCFPS was Tk. 2.40 for January-June 2021 as against Tk. 2.36 for January-June 2020. NAV per share was Tk. 21.09 as on June 30, 2021 and Tk. 19.38 as on June 30, 2020.
- 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 05, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2021.
- Trading of the shares of the Company will resume on 15.06.2021 after record date.
Trading of the shares of the Company will resume on 15.06.2021 after record date.
- Trading of the shares of the Company will remain suspended on record date i.e., 14.06.2021.
Trading of the shares of the Company will remain suspended on record date i.e., 14.06.2021.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled
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 10.06.2021 to 13.06.2021. Trading of the shares of the Company will remain suspended on record date i.e., 14.06.2021.
- (Q1 Un-audited): EPS was Tk. 0.69 for January-March 2021 as against Tk. 0.40 for January-March 2020. NOCFPS was Tk. 0.84
(Q1 Un-audited): EPS was Tk. 0.69 for January-March 2021 as against Tk. 0.40 for January-March 2020. NOCFPS was Tk. 0.84 for January-March 2021 as against Tk. 1.55 for January-March 2020. NAV per share was Tk. 19.43 as on March 31, 2021 and Tk. 18.83 as on March 31, 2020.
- As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting
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 June 6, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021.
- The auditor of the Bangladesh General Insurance Company Ltd has given the "Qualified Opinion" & "Emphasis of Matter" par
The auditor of the Bangladesh General Insurance Company Ltd has given the "Qualified Opinion" & "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended on 31 December 2020. Basis for Qualified Opinion: We could not obtain sufficient appropriate audit evidence regarding Sundry Debtors of BDT 16.01 million referred to in note no. 20 to the financial statements, "Unquoted Share" of BDT 23.68 million in note no. 17 to the financial statements, (cont.1)
- (Continuation news of BGIC): BDT 20.53 million in the "Cash and Cheques in hand" as carried in note no. 22 to the financ
(Continuation news of BGIC): BDT 20.53 million in the "Cash and Cheques in hand" as carried in note no. 22 to the financial statements, and the reconciliation of the difference of BDT 125.54 million between VAT return and "Premium" as presented in "Form-XL" to the financial statements. Moreover, we could not obtain the fixed asset register of the Property, Plant and Equipment of the company shown in note no. 23 to the financial statements. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of BGIC): Furthermore, as described in note no. 3.23 (a) of the Financial Statements, the management
(Continuation news of BGIC): Furthermore, as described in note no. 3.23 (a) of the Financial Statements, the management could not determine the forfeited amount of the provident fund due to non-availability of audit report. Our opinion is not modified in respect of these matters. (end)
The first part of this announcement is missing from the archive. - Qualified Opinion & Emphasis of Matter
(Continuation news of BGIC): Emphasis of Matter: We draw attention to note 3.23 (d) of the Financial Statements, which describes the reason for net establishing Workers' Profit Participation Fund by the Company according to Bangladesh Labor Act 2006 (as amended in 2013). We refer to note 3.23 (b) of the Financial Statements, which shows that the company has not performed any actuarial valuation on gratuity fund that is a noncompliance as per IAS 19. (cont.3)
The first part of this announcement is missing from the archive. - Dividend Declaration
The Board of Directors has recommended 12% cash dividend for the year ended on December 31, 2020. Date of AGM: 14.07.2021, Time: 11:00 AM, Venue: Digital Platform. Record Date: 14.06.2021. The Company has also reported EPS of Tk. 1.25, NAV per share of Tk. 18.65 and NOCFPS of Tk. 1.94 for the year ended on December 31, 2020 as against Tk. 1.28 (restated), Tk. 18.65 and Tk. 0.94 respectively for the same period of the previous year.
- Updating information
(Continuation news of BGIC): Depository Participants are requested to provide the details (shareholder's name, BO ID, shareholding position, applicable tax rate, dividend amount, bank name, account no. and routing no., etc.) of the margin loan holders who hold Company's shares on the Record date to the share office at 42, Dilkusha C/A, Dhaka. (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 (20.05.2021) following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.
- Revised NAV
The Company has further informed that NAV per share of Tk. 19.38 instead of Tk. 18.65 for the year ended on December 31, 2020.
- 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 May 19, 2021 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.
- Query Response
In response to a DSE query dated April 25, 2021, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.