Eastland Insurance PLC. announcements
363 Dhaka Stock Exchange announcements for Eastland Insurance PLC. (EASTLAND) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (22).
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has announced the CPA (Claim Paying Ability) Rating of the Company as "AA" along with a stable outlook in consideration of audited financials of the Company up to December 31, 2014, unaudited financials up to September 30, 2015 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.07 for July-September, 2015 as against Tk. 0.52 for July-September, 2014; EPS was Tk. 1.29 for January-September, 2015 as against Tk. 2.27 for January-September, 2014. NOCFPS was Tk. 0.37 for January-September, 2015 as against Tk. 0.99 for January-September, 2014. NAV per share was Tk. 19.98 as of September 30, 2015 and Tk. 19.59 as of December 31, 2014.
- Completion of transmission
The Company has further informed that entire 49,470 shares of Late Golam Mahmood, Ex - Public Director of the Company, has been transmitted to the account of his sister Hameeda Rahman (nominee), a Sponsor/Director of the company as announced earlier.
- Transmission of Deceased Public DirectorÂs shares
The Company has informed that Golam Mahmood, Ex - Public Director of the Company, passed away on 02.01.2015. His total holding is 49,470 shares. The entire shares will be transmitted to the account of his sister Hameeda Rahman (nominee), a Sponsor/Director of the company.
- Confirmation of sale by a Sponsor
Nazrul Islam, one of the Sponsors of the Company, has further reported that he has completed his sale of 40,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale Declaration
Nazrul Islam, one of the Sponsors of the Company, has expressed his intention to sell 40,000 shares out of his total holding of 1,11,500 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Q2 Financials
EPS for April-June, 2015 was Tk. 0.57 as against Tk. 0.79 for April-June, 2014, EPS for Jan-June, 2015 was Tk. 1.22 as against Tk. 1.75 for Jan-June, 2014. NOCFPS was Tk. 0.15 for Jan-June, 2015 as against Tk. 0.83 for Jan-June, 2014. NAV per share was Tk. 19.91 as of June 30, 2015 and Tk. 19.59 as of December 31, 2014.
- Confirmation of Sale/Buy of Sponsor/Director
Shaheda Khatoon, one of the Sponsors of the Company, has further reported that she has completed sale of her entire holding of 6,37,300 shares of the Company while Abu Sayeed Md. Quasem, one of the Directors of the Company, has further reported that he has completed his buy of 6,37,300 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Declaration of Sale/Buy
Shaheda Khatoon, one of the Sponsors of the Company, has expressed her intention to sell her entire holding of 6,37,300 shares of the Company while Abu Sayeed Md. Quasem, one of the Directors of the Company, has expressed his intention to buy 6,37,300 shares of the Company at prevailing market price (In the Block Market) through Stock Exchange within next 30 working days.
- Dividend Disbursement
The Company has further informed that the Cash dividend (along with the payment of the sale proceeds of fractional shares) for the year ended on December 31, 2014 has been credited to the respective shareholders' Bank Accounts through Bangladesh Electronic Fund Transfer Network (BEFTN) System on June 29, 2015. The dividend warrants of folio/scrip holders have been sent to the shareholders registered address by Courier Service.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on December 31, 2014 to the respective shareholders BO Accounts on June 23, 2015. The payment of the sale proceeds of fractional shares together with 10% cash dividend distribution schedule will be notified later.
- Confirmation of Transfer by Sponsor
Md. Harunor Rashid Khan, one of the Sponsors of the Company, has further reported that he has completed his transfer of 50,000 shares of the Company to his son Ahad Harun Khan, by way of gift outside the trading system of the Exchange as announced earlier.
- Declaration of Transfer by Sponsor
Md. Harunor Rashid Khan, one of the Sponsors of the Company, has expressed his intention to transfer 50,000 shares out of his total holdings of 1,77,405 shares of the Company to his son Ahad Harun Khan, by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.
- Q1 Financials
(Q1 Un-audited): Net Profit after tax from Jan15 to March15 was Tk. 38.44 million with basic EPS of Tk. 0.71 as against Tk. 57.21 million and Tk. 1.06 respectively for the same period of the previous year. However, considering proposed bonus share 10% for the year 2014, restated basic EPS will be Tk. 0.65 as on 31.03.2015 and Tk. 0.96 as on 31.03.2014.
- Confirmation of Transfer by Sponsor/Director
Nazrul Islam, one of the Sponsors of the Company, has further reported that he has completed his sale of 15,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- intention to sell
Nazrul Islam, one of the Sponsors of the Company, has expressed his intention to sell 15,000 shares out of his total holding of 1,15,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Resumption News after Record Date
Normal trading of the shares of the Company will resume on 09.04.2015 after record date.
- Suspension News for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 08.04.2015
- 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 06.04.2015 to 07.04.2015. Trading of the shares of the Company will remain suspended on record date i.e., 08.04.2015.
- Dividend Declaration
The Board of Directors has recommended 10% cash dividend and 10% stock dividend for the year ended on December 31, 2014. Date of AGM: 31.05.2015, Time: 3:30 PM, Venue: Spectra Convention Centre Limited, House 19, Road 7, Gulshan - 1, Dhaka-1212. Record Date: 08.04.2015. The Company has also reported net profit after tax of Tk. 157.98 million, EPS of Tk. 2.92, NAV per share of Tk. 21.55 and NOCFPS of Tk. 1.51 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 (30.03.2015) 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 March 29, 2015 at 03:30 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.