Eastern Bank PLC. announcements
346 Dhaka Stock Exchange announcements for Eastern Bank PLC. (EBL) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2009 (15).
- The Bank has informed that the Board of Directors has approved the revaluation of Assets (EBL own Plots of Land) of the
The Bank has informed that the Board of Directors has approved the revaluation of Assets (EBL own Plots of Land) of the Bank as certified by the Auditors M/s. Rahman Rahman Huq, Chartered Accountants, from Tk. 841,906,650.00 to revalued Tk. 1,350,570,454.00 with a revaluation gain of Tk. 508,663,804.00. The Board has also approved the proposal for change in Depreciation Method from "Reducing Balance" to "Straight Line" and also estimated life of the Assets with effect from 2009 and in doing so an additional depreciation expense of Tk. 34.36 million for the year 2009 and Tk. 2.91 million prospectively to be incurred.
- The Bank has informed that the Board of Directors has taken the following decisions: 1. " Subject to obtaining of prior
The Bank has informed that the Board of Directors has taken the following decisions: 1. " Subject to obtaining of prior approval from the respective Regulatory Authorities, Eastern Bank Limited (EBL) shall form/establish a Subsidiary Company in the name and style of 'EBL Investments Limited' (Proposed) to conduct merchant Banking Operations." 2. Revised structure of the previously decided 'EBL NRB Mutual Fund' will be as follows: Fund Size: Tk. 1,500.00 million, Sponsor Participation: Tk. 150.00 million (10%) and IPO: Tk. 750.00 million (50%).
- As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2009, the Bank has reported Net profit
As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2009, the Bank has reported Net profit after tax of Tk. 480.92 million with EPS of Tk. 19.26 as against Tk. 188.61 million and Tk. 7.56 (restated) respectively for the 3rd quarter ended on 30th September 2008. Whereas net profit after tax was Tk. 1,153.10 million with EPS of Tk. 46.19 for the period of nine months ended on 30.09.09 as against Tk. 720.06 million and Tk. 28.84 (restated) respectively for the period of nine months ended on 30.09.08.
- The Bank has informed that the Board of Directors of the Bank has decided to purchase a plot of land measuring an area o
The Bank has informed that the Board of Directors of the Bank has decided to purchase a plot of land measuring an area of total 0825 ajutangsha i.e. 5 (five) Kathas at Plot No. 19, Block No. "A", Bashundhara Residential Area, Dhaka at a cost of Tk. 4.80 crore only for the use of the Bank.
- The Bank has informed that the Board of Directors of the Bank has decided to acquire 60% shares of LRK Securities Ltd. (
The Bank has informed that the Board of Directors of the Bank has decided to acquire 60% shares of LRK Securities Ltd. (Stock Brokerage House) subject to the approval of respective Regulatory Authorities.
- As per un-audited half yearly accounts as on 30.06.09, the Bank has reported consolidated profit after tax of Tk. 672.18
As per un-audited half yearly accounts as on 30.06.09, the Bank has reported consolidated profit after tax of Tk. 672.18 m with weighted average EPS of Tk. 27.17 as against last year's half yearly of Tk. 531.44 m and Tk. 23.00 respectively. The Bank has also informed that Credit Rating Information and Services Ltd. (CRISL) has rated the Bank as "AA-" in the Long Term and "ST-2" in the Short Term on the basis performance of the Bank for the year 2008.
- DSE has served a notice of hearing to the Managing Director and Company Secretary of the Bank to appear before DSE Manag
DSE has served a notice of hearing to the Managing Director and Company Secretary of the Bank to appear before DSE Management on 08.06.09 at 3:30 PM in connection with non-dissemination of Price sensitive information.
- SEC has given approval the Bank to sponsor a closed-end Mutual Fund of Tk. 100 crore namely "EBL First Mutual Fund (Tk.
SEC has given approval the Bank to sponsor a closed-end Mutual Fund of Tk. 100 crore namely "EBL First Mutual Fund (Tk. 20 crore for Sponsor, Tk. 60.00 crore for Pre-IPO Placement, Tk. 2.00 crore Reserved for Mutual Funds, Tk. 2.00 crore for Non-Resident, Tk. 16.00 crore for Resident Bangladeshis) for public offering through issuance of prospectus and abridged version of prospectus subject to certain terms and conditions. DSE is disseminating the news as per copy of approval received directly from SEC. EBL has not yet informed the same to DSE. In this regard, a show-cause notice has been issued to EBL.
- The Bank has informed that the Board of Directors of the Bank has decided for Sponsoring a Mutual Fund in the name and s
The Bank has informed that the Board of Directors of the Bank has decided for Sponsoring a Mutual Fund in the name and style of "EBL NRB Mutual Fund" for the local capital market with the minimum investment of Tk. 150.00 m. out of total fund of Tk. 1,250.00 m.
- Normal trading of the shares of the Bank will resume on 31.03.09 after Record date and there will be no price limit on t
Normal trading of the shares of the Bank will resume on 31.03.09 after Record date and there will be no price limit on the trading of the shares of the Bank for the same day.
- As per audited accounts as on 31.12.08, the Bank has reported net profit after tax of Tk. 797.77 m. with EPS of Tk. 57.5
As per audited accounts as on 31.12.08, the Bank has reported net profit after tax of Tk. 797.77 m. with EPS of Tk. 57.52 as against Tk. 419.14 m. and Tk. 30.22 (restated) respectively as on 31.12.07.
- Trading of the shares of the Bank will remain suspended on record date i.e., 30.03.09.
Trading of the shares of the Bank will remain suspended on record date i.e., 30.03.09.
- Trading of the shares of the Bank will be allowed only in the Spot Market and Block/Odd lot transactions will also be se
Trading of the shares of the Bank 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 24.03.09 to 29.03.09. Trading of the shares of the Bank will remain suspended on record date i.e., 30.03.09.
- There will be no price limit on the trading of the shares of the Bank on 03.03.09 following its corporate declaration.
There will be no price limit on the trading of the shares of the Bank on 03.03.09 following its corporate declaration.
- The Board of Directors has recommended stock dividend @ 20% for the year 2008. Date of AGM: 28.04.09, Time: 11:30 AM, Ve
The Board of Directors has recommended stock dividend @ 20% for the year 2008. Date of AGM: 28.04.09, Time: 11:30 AM, Venue : Bangladesh-China Friendship Conference Centre, Sher-E-Bangla Nagar, Dhaka. Record Date: 30.03.09.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.