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 2021 (25).
- Declaration of share transfer by a Sponsor Director
The Company has informed that Late Mr. Nurul Islam, one of the Sponsors Director of the Company holding of 40,404 Shares will be transmitted to their successors namely Mr. Shamimul Islam (Director) (20,202 shares) and Mr. Saiful Islam (Sponsor Director) (20,202 shares) respectively, by way of succession certificate issued by the Honorable Court and as per the power of attorney within October 31, 2021.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.24 for July-September 2021 as against Tk. 0.17 for July-September 2020; EPS was Tk. 0.99 for January-September 2021 as against Tk. 0.91 for January-September 2020. NOCFPS was Tk. 0.90 for January-September 2021 as against Tk. 0.36 for January-September 2020. NAV per share (Investment shown at fair value) was Tk. 23.77 as on September 30, 2021 and Tk. 20.35 as on September 30, 2020.
- Reschedule Board Meeting under LR 16(1)
The Company has further informed that due to unavoidable circumstances a meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on October 24, 2021 at 3:00 PM instead October 18, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.
- 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 18, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.
- Confirmation of share transfer by a Sponsor
Mr. Mohammed Harunor Rashid Khan, one of the Sponsors of the company, has further reported that he has completed his transfer of entire shareholding 9,744 shares of the Company to his son Mr. Ahad Harun Khan (General Shareholder), by way of gift outside the trading system of the Exchange as per declaration disseminated on 07.09.2021.
- Confirnation of share transfer by a Sponsor
Mr. Mohammad Hannan, one of the Sponsors of the company, has further reported that he has completed his transfer of entire shareholding 46,593 shares of the Company to his wife Afifa Hannan (General Shareholder), by way of gift outside the trading system of the Exchange as per declaration disseminated on 07.09.2021.
- Mr. Mohammed Harunor Rashid Khan, one of the Sponsors of the company, has expressed his intention to transfer his entire
Mr. Mohammed Harunor Rashid Khan, one of the Sponsors of the company, has expressed his intention to transfer his entire shareholding of 9,744 shares of the Company to his son Mr. Ahad Harun Khan (General Shareholder), 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.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.42 for April-June 2021 as against Tk. 0.43 for April-June 2020; EPS was Tk. 0.75 for January-June 2021 as against Tk. 0.73 for January-June 2020. NOCFPS was Tk. 0.57 for January-June 2021 as against Tk. 0.22 for January-June 2020. NAV per share was Tk. 21.22 as on June 30, 2021 and Tk. 19.20 as on June 30, 2020.
- Declaration of share transfer by a Sponsor
Mr. Mohammad Hannan, one of the Sponsors of the company, has expressed his intention to transfer his entire shareholding of 46,593 shares of the Company to his wife Miss. Afifa Hannan (General Shareholder), 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.
- 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 September 6, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2021.
- Sale Confirmation of a Sponsor Director
Mr. Moazzem Hossain, one of the Sponsor Directors of the Company has further reported that he has completed his sale of 16,77,811 Shares of the Company at prevailing market price through Stock Exchange (DSE) as per declaration disseminated on 10.08.2021.
- Mr. Moazzem Hossain, one of the Sponsor Directors of the Company, has expressed his intention to sell his entire holding
Mr. Moazzem Hossain, one of the Sponsor Directors of the Company, has expressed his intention to sell his entire holding of 16,77,811 shares of the Company at prevailing market price (in the Block Market) through Stock Exchange (DSE) within next 30 working days.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended on December 31, 2020 to the respective shareholders.
- The Company has informed that it has credited the Bonus shares for the year ended on December 31, 2020 to the respective
The Company has informed that it has credited the Bonus shares for the year ended on December 31, 2020 to the respective shareholders' BO Accounts on June 24, 2021.
- (Q1 Un-audited): EPS was Tk. 0.34 for January-March 2021 as against Tk. 0.31 for January-March 2020. NOCFPS was Tk. 0.11
(Q1 Un-audited): EPS was Tk. 0.34 for January-March 2021 as against Tk. 0.31 for January-March 2020. NOCFPS was Tk. 0.11 for January-March 2021 as against Tk. 0.10 for January-March 2020. NAV per share was Tk. 20.98 as on March 31, 2021 and Tk. 21.32 as on March 31, 2020.
- 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 30, 2021 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, 2021.
- Resumption after record date
Trading of the shares of the Company will resume on 29.04.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 28.04.2021.
- Information on Spot Settlement cycle
DSENEWS: We have placed the shares of Eastland Insurance Company Ltd. in the spot market, but mistakenly the public market was not included. Please be informed that all transactions (Public and Block) will be settled as per spot settlement cycle from 26.04.2021 to 27.04.2021. We are sorry for the inconvenience.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled
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 26.04.2021 to 27.04.2021. Trading of the shares of the Company will remain suspended on record date i.e., 28.04.2021.
- The Board of Directors has recommended 7% cash and 3% stock dividend for the year ended on December 31, 2020. Date of AG
The Board of Directors has recommended 7% cash and 3% stock dividend for the year ended on December 31, 2020. Date of AGM: 10.06.2021, Time: 3:00 PM, Venue: Digital Platform; Record date: 28.04.2021. The Company has also reported EPS of Tk. 1.12, NAV per share of Tk. 21.32 and NOCFPS of Tk. 0.85 for the year ended on December 31, 2020 as against Tk. 1.38, Tk. 19.98, and Tk. 0.75 respectively for the same period of the previous year. (Cont. 1)
- (Cont. 1 of EASTLAND): Reasons for declaration of Bonus shares and utilization of such retained amount as capital 1. The
(Cont. 1 of EASTLAND): Reasons for declaration of Bonus shares and utilization of such retained amount as capital 1. The Bonus share has been declared due to expansion of business by enhancing companys capital base. The company has a plan to open several numbers of branches at key points of different districts level. 2. The Bonus shares been declared a. to expand companys business by enhancing company capital base and the additional capital will be used for new branches in the district level. (Cont.2)
The first part of this announcement is missing from the archive. - (Cont. 2 of EASTLAND): b. stock dividend declared out of current year profit; c. stock dividend declared not from capita
(Cont. 2 of EASTLAND): b. stock dividend declared out of current year profit; c. stock dividend declared not from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the company or through reducing paid up capital or through doing anything, so that the post dividend retained earning become negative or a debit balance. The Company has requested the shareholders to update their e-mail addresses through their respective Depository Participants. (End)
The first part of this announcement is missing from the archive. - There will be no price limit on the trading of the shares of the Company on 11.04.2021 following its corporate declarati
There will be no price limit on the trading of the shares of the Company on 11.04.2021 following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.
- 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 08, 2021 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.