DSE:EASTERNINS

Eastern Insurance PLC. announcements

298 Dhaka Stock Exchange announcements for Eastern Insurance PLC. (EASTERNINS) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2010 (23).

  1. Normal trading of the shares of the company will resume on 27.12.10 after record date for entitlement of Rights shares.

    Normal trading of the shares of the company will resume on 27.12.10 after record date for entitlement of Rights shares.

  2. Trading of the shares of the company will remain suspended on record date i.e. 26.12.10 for entitlement of Rights shares

    Trading of the shares of the company will remain suspended on record date i.e. 26.12.10 for entitlement of Rights shares.

  3. Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be

    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 the entitlement of Rights shares from 21.12.10 to 23.12.10. Trading of the shares of the company will remain suspended on record date i.e. 26.12.10.

  4. The company has further informed that subscription period for rights issue will be from 25.01.2011 to 22.02.2011. Record

    The company has further informed that subscription period for rights issue will be from 25.01.2011 to 22.02.2011. Record date for entitlement of rights share: 26.12.2010.

  5. The company has further informed that SEC has approved the Rights Issue of the company vide its letter dated 25.11.2010

    The company has further informed that SEC has approved the Rights Issue of the company vide its letter dated 25.11.2010 for issuance of 18,66,240 ordinary shares of Tk. 100.00 each @ 1R: 1 at an issue price of Tk. 300.00 per share (including premium of Tk. 200.00 each) totaling Tk. 55,98,72,000.00. The purpose of Rights Issue is to fulfill the requirement of Insurance Act, 2010 to raise the paid up capital to the extent of minimum Tk. 40.00 crore and to enhance the net worth of the company for the benefit of shareholders. The Record Date for entitlement of rights share to be notified later.

  6. In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Com

    In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

  7. The Rating Committee of CRISL has announced the CPA (Claim Paying Ability) Rating of Eastern Insurance Company Ltd. as "

    The Rating Committee of CRISL has announced the CPA (Claim Paying Ability) Rating of Eastern Insurance Company Ltd. as "A" based on financial statements of the company up to December 2009 and other relevant quantitative as well as qualitative information up to date of rating declaration.

  8. (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2010 (July'10 to Sep'10), the com

    (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2010 (July'10 to Sep'10), the company has reported net profit after tax of Tk. 9.46 million with EPS of Tk. 5.07 as against Tk. 9.65 million and Tk. 5.17 (restated) respectively for the same period of the previous year. Whereas net profit after tax was Tk. 48.68 million with EPS of Tk. 26.08 for the period of nine months (Jan'10 to Sep'10) ended on 30.09.10 as against Tk. 25.98 million and Tk. 13.92 (restated) respectively for the same period of the previous year.

  9. In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the com

    In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike.

  10. The Company has informed that Mr. Mujibur Rahman has been re-elected as Chairman and Mr. Azmal Hossain as Vice Chairman

    The Company has informed that Mr. Mujibur Rahman has been re-elected as Chairman and Mr. Azmal Hossain as Vice Chairman of the company.

  11. In response to a DSE query dated 08.08.10, the company has informed that there is no undisclosed price sensitive informa

    In response to a DSE query dated 08.08.10, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike.

  12. As per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), the company has reported net profit after t

    As per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), the company has reported net profit after tax of Tk. 39.22 million with basic EPS of Tk. 25.22 as against Tk. 16.33 million and Tk. 10.50 (restated) respectively for the same period of the previous year. However considering bonus share @ 20% for the year 2009, diluted EPS is Tk. 21.02 as on 30.06.10 (Jan' 10 to June' 10) and Tk. 8.75 (restated) for the same period of the previous year.

  13. The company has informed that it has credited the Stock Dividend for the year 2009 to the respective shareholders' BO Ac

    The company has informed that it has credited the Stock Dividend for the year 2009 to the respective shareholders' BO Accounts.

  14. SEC has sought explanation/clarification to the company regarding the observations/qualified opinion of the auditors in

    SEC has sought explanation/clarification to the company regarding the observations/qualified opinion of the auditors in connection with the Audited Financial Statements of the company for the year ended on December 31, 2009.

  15. As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2010 (Jan'10 to Mar'10), the company has re

    As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2010 (Jan'10 to Mar'10), the company has reported net profit after tax of Tk. 9.49 million with basic EPS of Tk. 6.10 as against Tk. 8.16 million and Tk. 5.25 (restated) respectively for the same period of the previous year. However, considering proposed bonus share @ 20% for the year 2009, diluted EPS will be Tk. 5.09 as on 31.03.10 and Tk. 4.37 (restated) as on 31.03.09.

  16. Normal trading of the shares of the company will resume on 18.05.10 after record date for AGM and EGM. Another record da

    Normal trading of the shares of the company will resume on 18.05.10 after record date for AGM and EGM. Another record date for entitlement of the proposed rights share to be notified later after obtaining approval from SEC.

  17. Trading of the shares of the company will remain suspended on record date i.e. 17.05.10 for AGM and EGM. Another record

    Trading of the shares of the company will remain suspended on record date i.e. 17.05.10 for AGM and EGM. Another record date for entitlement of the proposed rights share to be notified later after obtaining approval from SEC.

  18. Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be

    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 12.05.10 to 16.05.10. Trading of the shares of the company will remain suspended on record date i.e. 17.05.10 for AGM and EGM. Another record date for entitlement of the proposed rights share to be notified later after obtaining approval from SEC.

  19. There will be no price limit on the trading of the shares of the company today (29.04.10) following its corporate declar

    There will be no price limit on the trading of the shares of the company today (29.04.10) following its corporate declaration.

  20. (continuation of news of EASTERNINS): Venue: Spectra Convention Center Ltd., House # 19, Road # 07, Gulshan-1, Dhaka-121

    (continuation of news of EASTERNINS): Venue: Spectra Convention Center Ltd., House # 19, Road # 07, Gulshan-1, Dhaka-1212. Record date for EGM and AGM: 17.05.10. Another record date for entitlement of the proposed rights share to be notified later after obtaining approval from SEC. The company has also reported EPS of Tk. 29.08, Net Asset Value per share of Tk. 404.20 and Net Operating Cash flow per Share of Tk. 12.52 for the year ended on 31.12.09.

    The first part of this announcement is missing from the archive.
  21. The Board of Directors has recommended stock dividend @ 20% (i.e., 1 Bonus share for every 5 shares held) for the year 2

    The Board of Directors has recommended stock dividend @ 20% (i.e., 1 Bonus share for every 5 shares held) for the year 2009. The Board has also taken a special resolution to offer rights share @ 1R: 1 (i.e. one right share for every one share) at an issue price of Tk. 300.00 each (including a premium of Tk. 200.00 each) subject to the approval of shareholders in the EGM and Regulatory Authorities. The Board has also decided to increase Authorized Capital of the Company from Tk. 25.00 crore to Tk. 100.00 crore and accordingly, Memorandum and Articles of Association of the company will be amended subject to approval of Shareholders in the EGM and Regulatory Authorities. Date of EGM and AGM: 07.07.10, Time of EGM and AGM: 11:00 a.m. and 11:30 a.m. respectively. (continue)

  22. As per regulation 30 of DSE Listing Regulations, the company has informed that a meeting of the Board of Directors of th

    As per regulation 30 of DSE Listing Regulations, the company has informed that a meeting of the Board of Directors of the company will be held on April 28, 2010 at 4:00 p.m. to consider, among others, audited financial statements of the company for the year ended December 31, 2009.

  23. Credit Rating Information and Services Ltd. (CRISL) has informed that the Rating Committee of CRISL has announced the CP

    Credit Rating Information and Services Ltd. (CRISL) has informed that the Rating Committee of CRISL has announced the CPA (Claim Paying Ability) Rating of Eastern Insurance Company Limited as "A" based on audited financial statements of the company for the year ended December 31, 2008.

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.