City Bank PLC. announcements
537 Dhaka Stock Exchange announcements for City Bank PLC. (CITYBANK) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (60).
- Decision to sell land and floor space of the Bank to its Subsidiary
The Company has informed that the Board of Directors has approved to transfer by way of sale bank's land measuring more or less 0.0275 acre and its connected floor area of total 20,632 sft. from 7th floor to 10th floor i.e. 04 floors, each floor measuring 5,158 sft. and 4 designated car parking on the basement floor and common space measuring 970 sft. all together 21,602 sft. thereon of the constructed building named and styled 'Al-Amin Centre', situated at Dilkusha C/A, Motijheel, Dhaka (cont.) (continuation news of CITYBANK): at current market value of Tk. 26,32,35,000.00 to its own subsidiary City Brokerage Limited. Bank will recognize gain of Tk. 18,26,10,028.00 through making the transaction. (end)
- Issuance of Subordinated Debt (Bond)
The Company has informed that the Board of Directors of the Company, among others, has decided to issue Subordinated Debt (Bond) worth of Tk. 700.00 crore to meet capital requirement under Basel-III subject to approval from the regulatory authorities.
- Buy confirmation of a Director
Mr. Rajibul Huq Chowdhury, one of the Directors of the Company, has further reported that he has completed his buy of 1,50,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier. Ms. Tabassum Kaiser, one of the Directors of the Company, has further reported that she has completed her buy of 9,71,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Early redemption of bank's 1st Tier-II Subordinated Debt
The Company has informed that the Board of Directors has recommended early redemption of bank's 1st Tier-II Subordinated Debt (Bond), issued during the year 2014 subject to approval from the Regulatory Authorities. The Company has also informed that as of today remaining principal outstanding of the said Subordinated Debt (Bond) is Tk. 225.00 crore only and it will be redeemed along with accrued and unpaid interest on the date of redemption subject to having approval from the Regulators.
- Buy declaration of a Director
Ms. Tabassum Kaiser, one of the Directors of the Company, has expressed her intention to buy 9,71,000 shares of the Company at prevailing market price (in the Public/Block Market) through Stock Exchange within October 31, 2017.
- Buy confirmation of a Director
Mr. Hossain Mehmood, one of the Directors (Representative from A-One Polymer Ltd.) of the Company, has further reported that he has completed his buy of 3,60,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier. Mr. Hossain Khaled, one of the Directors of the Company, has further reported that he has completed his buy of 4,75,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.91 for July-September, 2017 as against Tk. 0.48 for July-September, 2016; Consolidated EPS was Tk. 3.09 for January-September, 2017 as against Tk. 2.78 for January-September, 2016. Consolidated NOCFPS was Tk. (16.74) for January-September, 2017 as against Tk. (0.83) for January-September, 2016. Consolidated NAV per share was Tk. 34.38 as on September 30, 2017 and Tk. 27.98 as on December 31, 2016.
- Buy Declaration of a Director
Mr. Rajibul Huq Chowdhury, one of the Directors of the Company, has expressed his intention to buy 1,50,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange within October 31, 2017.
- Buy declaration of a Director (Representative from A-One Polymer Ltd.)
Mr. Hossain Mehmood, one of the Directors (Representative from A-One Polymer Ltd.) of the Company, has expressed his intention to buy 3,60,000 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017.
- Buy Declaration of a Director
Mr. Hossain Khaled, one of the Directors of the Company, has expressed his intention to buy 4,75,000 shares of the Company at prevailing market price (in the Public /Block Market) through Stock Exchange within October 31, 2017.
- Buy confirmation of Director (Representative from A-One Polymer Ltd.)
Mr. Hossain Mehmood, one of the Directors (Representative from A-One Polymer Ltd.) of the Company, has further reported that he has completed his buy of 2,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- 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 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2017.
- Buy declaration of a Director (Representative from A-One Polymer Ltd.)
Mr. Hossain Mehmood, one of the Directors (Representative from A-One Polymer Ltd.) of the Company, has expressed his intention to buy 2,00,000 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017.
- Buy confirmation of a Director
Mr. Hossain Mehmood, one of the Directors (Representative Director of A-One Polymer Ltd.) has further reported that he has completed his buy of 65,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Fresh Ordinary shares allotted to IFC
With reference to BSEC's consent for issuing of 46,094,633 fresh ordinary shares of Tk. 10.00 each (offer price of Tk. 28.30 including a premium of Tk. 18.30 per share) to International Finance Corporation (IFC), the Company has further informed that IFC has already subscribed the required amount of Tk. 1,304,478,113.90 only to the Bank and they have already allotted the said number of shares of the City Bank Limited to IFC. (cont.) (Continuation news of CITYBANK): The Company has further informed that with the issuance of 46,094,633 fresh ordinary shares of the bank to IFC, the City Bank Limited's issued Paid up capital has increased to Tk. 9,218,926,640.00 from Tk. 8,757,980,310.00 and share premium amount has increased to Tk. 1,504,388,796.90 from Tk. 660,857,013.00. (end)
- Buy declaration of a Director (Representative of A-One Polymer Ltd.)
Mr. Hossain Mehmood, one of the Directors (Representative Director of A-One Polymer Ltd.) has expressed his intention to buy 65,000 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017.
- Buy Confirmation of a Director
Mr. Hossain Khaled, one of the Directors 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.
- Query Response
In response to a DSE query dated September 17, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike. However the Company has further informed that the execution of the agreement between the Company and the IFC concerned of capital injection now under process for the fund disbursement. Upon receiving the fund of IFC, 5% shares will be issued in favour of IFC.
- Buy Declaration of a Director
Mr. Hossain Khaled, one of the Directors 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 next 30 working days.
- Buy confirmation of a Director (Representative of A-One Polymer Ltd.)
Mr. Hossain Mehmood, one of the Directors (Representative Director of A-One Polymer Ltd.) has further reported that he has completed his buy of 4,50,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Buy confirmation of a Director
Mr. Hossain Khaled, one of the Directors of the Company, has further reported that he has completed his buy of 1,00,000 shares of the Company at prevailing market price as announced earlier.
- Buy Declaration of a Director
Mr. Hossain Khaled, one of the Directors of the Company, has expressed his intention to buy 1,00,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange within next 30 working days.
- Buy confirmation of a Director
Mrs. Syeda Shaireen Aziz, one of the Directors of the Company, has further reported that she has completed her buy of 8,80,782 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Buy confirmation of a Corporate Director
Partex Corporate Limited, one of the Corporate Directors of the Company, has further reported that it has completed its buy of 5,59,780 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Buy confirmation of a Director
Mr. Rafiqul Islam Khan, one of the Directors of the Company, has further reported that he has completed his buy of 8,50,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Buy Declaration of a Corporate Director
Partex Corporate Limited, one of the Corporate Directors of the Company, has expressed its intention to buy 5,59,780 shares of the Company at prevailing market price (in the Public/Block Market) through Stock Exchange within next 30 working days.
- Buy confirmation of a Corporate Director
A-One Polymer Ltd., one of the Corporate Directors of the Company, has further reported that it has completed its buy of 9,50,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Buy confirmation of a Director
Mrs. Tabassum Kaiser, one of the Directors of the Company, has further reported that she has completed her buy of 9,21,500 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Buy declaration of a Director
Mrs. Syeda Shaireen Aziz, one of the Directors of the Company, has expressed her intention to buy 8,80,782 shares of the Company at prevailing market price (in the Public/Block Market) through Stock Exchange within next 30 working days.
- Buy confirmation of a Director
Mr. Hossain Khaled, one of the Directors of the Company, has further reported that he has completed his buy of 10,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Buy declaration of a Director
Mr. Rafiqul Islam Khan, one of the Directors of the Company, has expressed his intention to buy 8,50,000 shares of the Company at prevailing market price (in the Public/Block Market) through Stock Exchange within next 30 working days.
- Buy declaration of a Director (Representative of A-One Polymer Ltd.)
Mr. Hossain Mehmood, one of the Directors (Representative Director of A-One Polymer Ltd.) has expressed his intention to buy 4,50,000 shares of the Company at prevailing market price (In the Public/Block Market) through Stock Exchange within next 30 working days.
- Buy declaration of a Director
Ms. Tabassum Kaiser, one of the Directors of the Company, has expressed her intention to buy 9,21,500 shares of the Company at prevailing market price (in the Public/Block Market) through Stock Exchange within next 30 working days.
- Buy declaration of a Corporate Director
A-One Polymer Ltd., one of the Corporate Directors of the Company, has expressed its intention to buy 9,50,000 shares of the Company at prevailing market price (In the Public/Block Market) through Stock Exchange within next 30 working days.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 1.51 for April-June, 2017 as against Tk. 1.51 for April-June, 2016; Consolidated EPS was Tk. 2.18 for January-June, 2017 as against Tk. 2.30 for January-June, 2016. Consolidated NOCFPS was Tk. (10.98) for January-June, 2017 as against Tk. 0.82 for January-June, 2016. Consolidated NAV per share was Tk. 32.86 as of June 30, 2017 and Tk. 27.98 as of December 31, 2016.
- Buy declaration of a Director
Mr. Hossain Khaled, one of the Directors of the Company, has expressed his intention to buy 10,00,000 shares of the Company at prevailing market price (In the Public/Block Market) through Stock Exchange within next 30 working days.
- 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 27, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2017.
- Dividend Disbursement
The Company has informed that it has disbursed cash dividend for the year ended on December 31, 2016 to the respective shareholders' Bank Accounts through BEFTN System.
- Buy confirmation of a Sponsor
Mr. Md. Ali Hossain, one of the Sponsors of the Company, has further reported that he has completed his buy of 72,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale of Land
The Company has informed that the Board of Directors has decided to sell its 12 katha land with construction work situated at Abdulllahpur, Uttara, Dhaka at current market value of Tk. 407,498,298.00 to its own subsidiary City Bank Capital Resources Ltd. (CBCRL). The Company will recognize capital gain of Tk. 260,512,600.00 through making the transaction.
- Buy confirmation of a Director
Mr. Hossain Khaled, one of the Directors of the Company, has further reported that he has completed his buy of 10,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Buy Declaration of a Director
Mr. Hossain Khaled, one of the Directors of the Company, has expressed his intention to buy 10,00,000 shares of the Company at prevailing market price (in the Block Market) through Stock Exchange within next 30 working days.
- Buy confirmation of a Sponsor
Mr. Md. Ali Hossain, one of the Sponsors 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.
- Buy Declaration of a Sponsor
Mr. Md. Ali Hossain, one of the Sponsors of the Company, has expressed his intention to buy 72,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange within next 30 working days.
- Consent accorded from BSEC for raising Capital through issuance of Bond
The Company has informed that BSEC has given consent for issuance of Floating Rate Non-Convertible Subordinated Bond of Tk. 500.00 crore divided into 500 Bond of Tk. 1.00 crore each through private placement to other than existing shareholders. The consent has been accorded subject to the condition that the Company shall comply with the relevant laws and Regulatory Requirements, and shall also adhere to the conditions imposed by BSEC under Section 2CC of the Securities and Exchange Ordinance, 1969.
- Setting up a new Subsidiary Company with an AMC license
The Company has informed that the Board of Directors has decided to set up a new Subsidiary Company with an Asset Management Company (AMC) license. The Asset Management Company will also function as a Fund Management Company. This is subject to the approval of the concerned regulators and compliance of all regulatory requirements. Upon incorporation of the Asset Management Company, (cont.) (continuation news of CITYBANK): the new Company will establish a Mutual Fund and an Alternative Investment Fund by following Mutual Fund Rules, 2001 and Alternative Investment Rules, 2015 respectively. (end)
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Company as "AA2" in the long term and "ST-2" in the short term along with a stable outlook based on audited financial statement of the Company up to December 31, 2016 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Buy declaration of a Sponsor
Mr. Md. Ali Hossain, one of the Sponsors 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 next 30 working days.
- Buy confirmation of a Sponsor
Mr. Md. Ali Hossain, one of the Sponsors 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.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.67 for January-March, 2017 as against Tk. 0.79 for January-March, 2016. Consolidated NOCFPS was Tk. 7.23 for January-March, 2017 as against Tk. (0.52) for January-March, 2016. Consolidated NAV per share was Tk. 31.72 as of March 31, 2017 and Tk. 27.98 as of December 31, 2016.
- Sale confirmation of a Sponsor
Ms. Hosne Ara Aziz, one of the Sponsors of the Company, has further reported that she has completed her sale of 1,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- 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 11, 2017 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2017.
- Buy Declaration of a Sponsor
Mr. Md. Ali Hossain, one of the Sponsors 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 next 30 working days.
- Resumption after record date
Trading of the shares of the Company will resume on 23.04.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 20.04.2017.
- 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 18.04.2017 to 19.04.2017. Trading of the shares of the Company will remain suspended on record date i.e., 20.04.2017.
- Sale declaration of a Sponsor
Ms. Hosne Ara Aziz, one of the Sponsors of the Company, has expressed her intention to sell 1,00,000 shares out of his total holding of 21,24,780 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within next 30 working days.
- Dividend Declaration
The Board of Directors has recommended 24% cash dividend for the year ended on December 31, 2016. Date of AGM: 15.06.2017. Time: 11:00 AM, Venue: Kurmitola Golf Club, Dhaka Cantonment, Dhaka. Record Date: 20.04.2017. The Company has also reported Consolidated EPS of Tk. 4.64, Consolidated NAV per share of Tk. 27.98 and Consolidated NOCFPS of Tk. 14.92 for the year ended on December 31, 2016 as against Tk. 4.10, Tk. 28.07 and Tk. 11.79 respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (02.04.2017) 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 March 30, 2017 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2016.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.