BRAC Bank PLC. announcements
410 Dhaka Stock Exchange announcements for BRAC Bank PLC. (BRACBANK) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (19).
- Buy confirmation of a Nominated Director
Mr. Syed S. Kaiser Kabir, one of the Directors (Nominated Director) of the Company, has further reported that he has completed his buy of 50,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 1.76 for July-September, 2017 as against Tk. 1.03 for July-September, 2016; Consolidated EPS was Tk. 4.42 for January-September, 2017 as against Tk. 3.02 for January-September, 2016. Consolidated NOCFPS was Tk. 13.74 for January-September, 2017 as against Tk. 15.14 for January-September, 2016. Consolidated NAV per share was Tk. 29.64 as on September 30, 2017 and Tk. 29.61 as on September 30, 2016.
- Buy declaration of a Nominated Director
Mr. Syed S. Kaiser Kabir, one of the Directors (Nominated Director) of the Company, has expressed his intention to buy 50,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange within October 31, 2017.
- 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 25, 2017 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2017.
- A strategic investor may acquire minority shareholding in bKash
The Company has announced that they have been informed by its subsidiary bKash that they have (bKash) entered into a non-binding 'Summary of Terms' under which a strategic investor may acquire a minority shareholding in bKash. The proposed acquisition however remains subject to satisfactory due diligence, negotiation, completion of a definitive share acquisition agreement and compliance with all applicable Regulatory Requirements.
- Off-loading 1,034 shares of a subsidiary in favor of BRAC
The Company has informed that the Board of Directors of the Company has decided to off-load 1,034 shares of BRAC IT Services Limited (biTs) (a Subsidiary Company of BRAC Bank Limited) in favor of BRAC. After off-loading the above shares, BRAC IT Services Limited (biTs) will not remain a Subsidiary of BRAC Bank Limited.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 1.25 for April-June, 2017 as against Tk. 1.25 for April-June, 2016; Consolidated EPS was Tk. 2.66 for January-June, 2017 as against Tk. 2.10 for January-June, 2016. Consolidated NOCFPS was Tk. 13.45 for January-June, 2017 as against Tk. 10.75 for January-June, 2016. Consolidated NAV per share was Tk. 27.86 as of June 30, 2017 and Tk. 26.15 as of June 30, 2016.
- 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, 2017 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2017.
- 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 with a stable outlook based on audited financial statements of the Company up to December 31, 2016 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, 2016 to the respective shareholders' Bank Account through EFTN on May 25, 2017.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended on December 31, 2016 to the respective shareholders' BO Account on May15, 2017.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 1.62 for January-March, 2017 as against Tk. 0.98 for January-March, 2016. Consolidated NOCFPS was Tk. 7.98 for January-March, 2017 as against Tk. (4.42) for January-March, 2016. Consolidated NAV per share was Tk. 32.89 as of March 31, 2017 and Tk. 29.53 as of March 31, 2016.
- 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 08, 2017 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2017.
- Resumption after record date
Trading of the shares of the Company will resume on 11.04.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 10.04.2017.
- 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 06.04.2017 to 09.04.2017. Trading of the shares of the Company will remain suspended on record date i.e., 10.04.2017.
- Dividend Declaration
The Board of Directors has recommended 10% cash dividend and 20% stock dividend for the year ended on December 31, 2016. Date of AGM: 27.04.2017, Time: 10:00 AM, Venue: BRAC-CDM, Savar, Khagan, Dhaka. Record Date: 10.04.2017. The Company has also reported Consolidated EPS of Tk. 5.47, Consolidated NAV per share of Tk. 31.34 and Consolidated NOCFPS of Tk. 13.75 for the year ended on December 31, 2016 (cont.) (Continuation news of BRACBANK): as against Tk. 3.19, Tk. 28.47 and Tk. (4.11) respectively for the same period of the previous year. It is to be noted that Consolidated EPS figure of Tk. 3.19 for the year ended on December 31, 2015 has been decreased by Tk. 0.09 in compared to previous disclosure of Tk. 3.28 due to restatement of subsidiary financial statements of BRAC IT Services Limited. (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (21.03.2017) following its corporate declaration.
- Decision to form a wholly-owned subsidiary
The Company has informed that the Board of Directors has decided to form a wholly owned subsidiary company named BRAC AMC Limited with paid up capital of Tk. 10.00 crore, subject to the approval of the relevant regulatory bodies.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.