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 2017 (21).
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.16 for July-September, 2017 as against Tk. 0.12 for July-September, 2016; EPS was Tk. 1.18 for January-September, 2017 as against Tk. 0.70 for January-September, 2016. NOCFPS was Tk. 0.24 for January-September, 2017 as against Tk. 0.14 for January-September, 2016. NAV per share was Tk. 23.29 as on September 30, 2017 and Tk. 21.92 as on September 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 October 27, 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 confirmation of a Sponsor
Mr. Nizam Uddin Ahmed, one of the Sponsors of the Company, has further reported that he has completed his buy of 86,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Confirmation of receipt by a Sponsor
Mr. Saiful Islam, one of the Sponsors of the Company, has further reported that he has received total 11,94,658 shares of the Company from his mother Mrs. Suraiya Begum (1,50,000 shares) and brother Mr. Shamimul Islam (10,44,658 shares), by way of gift outside the trading system of the Exchange (CSE), as announced earlier.
- Declaration of receipt by a Sponsor
Mr. Saiful Islam, one of the Sponsors of the Company, has expressed his intention to receive total 11,94,658 shares of the Company from his mother Mrs. Suraiya Begum (1,50,000 shares) and brother Mr. Shamimul Islam (10,44,658 shares), 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 CSE.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.54 for April-June, 2017 as against Tk. 0.28 for April-June, 2016; EPS was Tk. 1.02 for January-June, 2017 as against Tk. 0.58 for January-June, 2016. NOCFPS was Tk. 0.22 for January-June, 2017 as against Tk. 0.11 for January-June, 2016. NAV per share was Tk. 22.78 as of June 30, 2017 and Tk. 20.43 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 26, 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.
- Buy declaration of a Sponsor
Mr. Nizam Uddin Ahmed, one of the Sponsors of the Company, has expressed his intention to buy 86,000 shares of the Company (In the Public Market) at prevailing market price through Stock Exchange within next 30 working days.
- 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. The remaining un-remitted cash dividend will be dispatched through dividend warrant to the respective shareholders' address.
- Stock 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 Accounts on June 12, 2017.
- Transmission confirmation of a late Sponsor Director to his successor
The Company has further informed that 13,89,430 shares of Mr. A.K.M. Humayun Kabir, the late Sponsor Director of the Company, has been transmitted to his successor Mr. Zahidul kabir, son of Late A.K.M. Humayun Kabir (for himself and on behalf of shares of Lubna Kabir; daughter of late A.K.M. Humayun Kabir), as per succession certificate issued by the Honorable Court.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.51 for January-March, 2017 as against Tk. 0.31 for January-March, 2016. NOCFPS was Tk. 0.21 for January-March, 2017 as against Tk. 0.09 for January-March, 2016. NAV per share was Tk. 25.42 as of March 31, 2017 and Tk. 24.36 as of December 31, 2016.
- Resumption after Record Date
Trading of the shares of the Company will resume on 09.05.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 08.05.2017.
- 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 May 09, 2017 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, 2017.
- Share transmission of a late Sponsor Director to his successor
The Company has informed that A.K.M. Humayun Kabir, the late Sponsor & Director of the Company passed away on 13.10.2015. His total 13,89,430 shares will be transmitted to his successor Mr. Zahidul kabir, son of Late AKM. Humayun Kabir (for himself and on behalf of shares of Lubna Kabir; daughter of late AKM. Humayun Kabir), as per succession certificate issued by the Honorable Court.
- 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 04.05.2017 to 07.05.2017. Trading of the shares of the Company will remain suspended on record date i.e., 08.05.2017.
- 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, 2016 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Dividend Declaration
The Board of Directors has recommended 10% cash and 5% stock dividend for the year ended on December 31, 2016. Date of AGM: 24.05.2017, Time: 3:00 PM, Venue: Spectra Convention Centre Limited, House No: 19, Road No: 7, Gulshan-1, Dhaka-1212. Record date: 08.05.2017. The Company has also reported EPS of Tk. 1.98, NAV per share of Tk. 24.36 and NOCFPS of Tk. 0.90 for the year ended on December 31, 2016 as against Tk. 1.84, Tk. 22.47 and Tk. 1.00 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 (17.04.2017) 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 April 16, 2017 at 3:00 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.