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 2015 (14).
- Revaluation of plots of land
The Company has further informed that the Board of Directors has approved the Revaluation of all the plots of land of the Bank as per the value determined by 'Jorip O Paridarshan' a Qualified Valuation Firm on fair value and as certified by the External Auditors 'KPMG Rahman Rahman Huq' Chartered Accountants showing the total Carrying Amount of Tk. 519,93,80,279.00 as on 30.11.2015 and total Revalued Amount of Tk. 418,46,27,267.00 as on 21.12.2015. As a result of that total reversal of revaluation reserve stands at Tk. (1,014,753,012.00). Net amount required to be adjusted for this is Tk. (1,154,620,812.00).
- Decision to Revalue the Lands
The Company has informed that the Board of Directors has decided to determine the Current Market Value of all the Plots of Land owned by EBL by a professionally qualified Valuation Firm.
- Q3 Financials
Consolidated EPS was Tk. 1.35 for July-September, 2015 as against Tk. 0.55 for July-September, 2014; Consolidated EPS was Tk. 3.38 for January-September, 2015 as against Tk. 2.10 for January-September, 2014. Consolidated NOCFPS was Tk. 0.79 for January-September, 2015 as against Tk. (25.77) for January-September, 2014. Consolidated NAV per share was Tk. 36.24 as of September 30, 2015 and Tk. 31.85 as of September 30, 2014.
- 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 21, 2015 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2015.
- Q2 Financials
Consolidated EPS for Jan-June, 2015 was Tk. 2.03 as against Tk. 1.55 for Jan-June, 2014. Consolidated EPS for April-June, 2015 was Tk. 0.99 as against Tk. 0.37 for April-June, 2014. Consolidated NOCFPS was Tk. 3.64 for Jan-June, 2015 as against Tk. (21.80) for Jan-June, 2014. Consolidated NAV per share was Tk. 32.88 as of June 30, 2015 and Tk. 30.74 as of June 30, 2014.
- Credit Rating
Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA" in the long term and "ST-2" in the short term along with a stable outlook in consideration of its audited financials up to December 31, 2014, unaudited financials up to March 31, 2015 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Q1 Financials
Consolidated Net Profit after tax from Jan15 to March15 was Tk. 634.11million with consolidated EPS of Tk. 1.04 as against Tk. 713.33 million and Tk. 1.17 respectively for the same period of the previous year.
- Resumption News after Record Date
Normal trading of the shares of the Company will resume on 12.03.2015 after record date.
- Suspension News for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 11.03.2015.
- 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 09.03.2015 to 10.03.2015. Trading of the shares of the Company will remain suspended on record date i.e., 11.03.2015.
- Dividend Declaration
The Board of Directors has recommended 20% cash dividend for the year ended on December 31, 2014. Date of AGM: 31.03.2015, Time: 10:30 AM, Venue: Unique Trade Centre (UTC), Convention Hall (Level-5), 8 Panthapath, Kawranbazar, Dhaka-1215. Record Date: 11.03.2015. The Company has also reported consolidated EPS of Tk. 3.50, consolidated NAV per share of Tk. 33.11 and consolidated NOCFPS of Tk. (20.39) 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 (26.02.2015) following its corporate declaration.
- Furnishing 12 digit TIN Number
The Company has requested the shareholders to update their respective BO Accounts with 12 digits e-TIN number through their respective DP latest by March 10, 2015, failing which Income Tax at source will be deducted from payable Dividend 15% instead of 10% as per amended IT Ordinance 1984 under Section 54.
- 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 February 25, 2015 at 2:30 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.