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 2024 (21).
- (Q3 Un-audited): EPS was Tk. 0.18 for July-September 2024 as against Tk. 0.13 for July-September 2023; EPS was Tk. 0.73
(Q3 Un-audited): EPS was Tk. 0.18 for July-September 2024 as against Tk. 0.13 for July-September 2023; EPS was Tk. 0.73 for January-September 2024 as against Tk. 0.91 for January-September 2023. NOCFPS was Tk. 0.52 for January-September 2024 as against Tk. 0.81 for January-September 2023. NAV per share (Investment shown at fair value) was Tk. 21.64 as on September 30, 2024 and Tk. 21.36 as on September 30, 2023. (cont.)
- Q3 Financials
(Continuation news of EASTLAND): Reasons for deviation in EPS and NOCFPS: EPS and NOCFPS has been decreased due to fact that claims less re-insurance during the current quarter are more than of corresponding period of previous year same quarter. (end)
The first part of this announcement is missing from the archive. - 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 30, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- Name Change of the Company
Dhaka Stock Exchange Limited (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Company will be 'Eastland Insurance PLC.' instead of 'Eastland Insurance Company Limited' with effect from September 19, 2024. Other things (except name) will remain unchanged.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.27 for April-June 2024 as against Tk. 0.41 for April-June 2023; EPS was Tk. 0.55 for January-June 2024 as against Tk. 0.78 for January-June 2023. NOCFPS was Tk. 0.35 for January-June 2024 as against Tk. 0.62 for January-June 2023. NAV per share (investment shown at fair value) was Tk. 20.85 as on June 30, 2024 and Tk. 21.11 as on June 30, 2023.
- 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 24, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has assigned the rating of the company as "AAA" in the long term along with Stable outlook in consideration of its audited financials up to December 31, 2023 also unaudited financials up to March 31, 2024 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Appointment of Chief Executive Officer
The company has informed that as per the decision of the Board of Directors of the company and subsequent approval of IDRA, Mr. Mohammed Salim has joined as Chief Executive Officer of the company.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2023 to the respective shareholders.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.28 for January-March 2024 as against Tk. 0.37 for January-March 2023. NOCFPS was Tk. 0.10 for January-March 2024 as against Tk. 0.16 for January-March 2023. NAV per share was Tk. 21.64 as on March 31, 2024 and Tk. 21.56 as on March 31, 2023.
- 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 April 30, 2024 at 02:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
- Emphasis of Matter
The auditor of the company has given the "Emphasis of Matter" paragraph in the Auditor's Report of the company for the year ended December 31, 2023. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/mar/EASTLAND-2023.pdf
- Resumption after Record date
Trading of the shares of the company will resume on 03.04.2024.
- Suspension for record date
Trading of the shares of the company will remain suspended on record date i.e., 02.04.2024.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 31.03.2024 to 01.04.2024 and trading of the shares will remain suspended on record date i.e., 02.04.2024.
- Change of Platform of Annual General Meeting
Refer to their earlier news disseminated on 10.03.2024 regarding dividend declaration, the company has further informed that the 37th AGM of the company will be held on Tuesday, April 30, 2024 at 11:30 AM through "Digital Platform" in place of "Hybrid System" and others shall remain unchanged.
- The Board of Directors has recommended 10\% Cash Dividend for the general public shareholders excluding the Sponsors/ Di
The Board of Directors has recommended 10\% Cash Dividend for the general public shareholders excluding the Sponsors/ Directors for the year ended on 31-Dec-2023. Date of AGM: 30-Apr-2024, Time: 11:30 AM, Venue: Hybrid System at RAOWA Convention Hall (Eagle Hall-3), VIP Road, Mohakhali, Dhaka. Record Date: 02-Apr-2024. (cont.1)
- (Cont. news of EASTLAND): The Company has also reported EPS of Tk. 1.14, NAV per share of Tk. 21.67 and NOCFPS of Tk. 0.
(Cont. news of EASTLAND): The Company has also reported EPS of Tk. 1.14, NAV per share of Tk. 21.67 and NOCFPS of Tk. 0.83 for the year ended on 31-Dec-2023 as against Tk. 1.63, Tk. 21.19 and Tk. 0.92 respectively for the year ended on 31-Dec-2022. Sponsors/Directors Shares: 3,44,85,719 nos. shares. Amount Payable to the public shareholders Tk. 4,93,94,862.00. (cont.2)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Cont. news of EASTLAND): Reasons for deviation in EPS, NAVPS and NOCFPS: EPS decreased due to decrease of net profit after tax of the company. NAV per share increased due to increase in Reserve for Exceptional Losses and increase of market value of investment securities. NOCFPS decreased due to decrease of net premium income of the company. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (10.03.2024) 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 07, 2024 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.