Federal Insurance PLC announcements
386 Dhaka Stock Exchange announcements for Federal Insurance PLC (FEDERALINS) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2013 (23).
- The Company has informed that the Board of Directors of the Company has decided to purchase floor space 3,300 sft. (appr
The Company has informed that the Board of Directors of the Company has decided to purchase floor space 3,300 sft. (approximate) including common space & 2 car parking at Mans Trade Center (5th Floor), Ramjoy Mohajon Lane, Khatungonj, Chittagong at a cost of Tk. 2,14,60,000.00 only (excluding Registration fees, Tax, VAT and other related charges) for use of the Company.
- (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2013 (July'13 to Sep'13), the Com
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2013 (July'13 to Sep'13), the Company has reported net profit after tax of Tk. 22.19 million with EPS of Tk. 0.48 as against Tk. 13.70 million and Tk. 0.30 (restated) respectively for the same period of the previous year. Whereas net profit after tax was Tk. 62.14 million with EPS of Tk. 1.34 for the period of nine months (Jan'13 to Sep'13) ended on 30.09.2013 as against Tk. 39.73 million and Tk. 0.86 (restated) respectively for the same period of the previous year.
- Mr. Md. Abdus Salim Chowdhury, one of the Sponsors of the Company, has further reported he has completed his sale of 1,2
Mr. Md. Abdus Salim Chowdhury, one of the Sponsors of the Company, has further reported he has completed his sale of 1,28,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Mr. Md. Abdus Salim Chowdhury, one of the Sponsors of the Company, has expressed his intention to sell 1,28,000 shares o
Mr. Md. Abdus Salim Chowdhury, one of the Sponsors of the Company, has expressed his intention to sell 1,28,000 shares out of his total holding of 6,55,656 shares of the Company at prevailing market price through Stock Exchange within October 31, 2013.
- Mr. Neo G. Mendes, one of the Sponsors of the Company, has further reported that he has completed his sale of 15,877 sha
Mr. Neo G. Mendes, one of the Sponsors of the Company, has further reported that he has completed his sale of 15,877 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Mr. Neo G. Mendes, one of the Sponsors of the Company, has expressed his intention to sell 15,877 shares out of his tota
Mr. Neo G. Mendes, one of the Sponsors of the Company, has expressed his intention to sell 15,877 shares out of his total holding of 1,39,193 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- (H/Y): As per un-audited half yearly accounts as on 30.06.2013 (Jan'13 to June'13), the Company has reported net profit
(H/Y): As per un-audited half yearly accounts as on 30.06.2013 (Jan'13 to June'13), the Company has reported net profit after tax of Tk. 39.95 million with EPS of Tk. 0.86 as against Tk. 26.03 million and Tk. 0.56 (restated) respectively for the same period of the previous year. Whereas net profit after tax was Tk. 21.97 million with EPS of Tk. 0.47 for the period of 3 months (Apr'13 to June'13) ended on 30.06.2013 as against Tk. 12.74 million and Tk. 0.27 (restated) respectively for the same period of the previous year.
- Fixed Asset Purchase
The Company has informed that the Board of Directors of the Company has decided to purchase floor space 5,685 sft. (approximate) & 4 car parking at Navana D H Tower (6th Floor), 6 Panthapath, Dhaka from Navana Real Estate Ltd. at a cost of Tk. 8,35,90,000.00 only (excluding Registration fees, Tax, VAT and other related charges) for use of the Company.
- The Company has informed that the Board of Directors of the Company has decided to purchase floor space 5,685 sft. (appr
The Company has informed that the Board of Directors of the Company has decided to purchase floor space 5,685 sft. (approximate) & 4 car parking at Navana D H Tower (6th Floor), 6 Panthapath, Dhaka from Navana Real Estate Ltd. at a cost of Tk. 8,35,90,000.00 only (excluding Registration fees, Tax, VAT and other related charges) for use of the Company.
- The Company has informed that it has credited the bonus shares for the year ended on December 31, 2012 to the respective
The Company has informed that it has credited the bonus shares for the year ended on December 31, 2012 to the respective shareholders' BO Accounts on July 03, 2013.
- Chairnman Election
The Company has informed that Mr. Jainul Abedin Jamal has been elected as Chairman while Alhaj Elias Siddiquee & Mr. Sunanda Majumder have been elected as Vice Chairmen of the Company.
- The Company has informed that Mr. Jainul Abedin Jamal has been elected as Chairman while Alhaj Elias Siddiquee & Mr. Sun
The Company has informed that Mr. Jainul Abedin Jamal has been elected as Chairman while Alhaj Elias Siddiquee & Mr. Sunanda Majumder have been elected as Vice Chairmen of the Company.
- Credit Rating
Credit Rating Information and Services Limited (CRISL) has announced the CPA (Claim Paying Ability) Rating of the Company as "A-" in consideration of financials of the Company up to 31st December 2012 (audited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Credit Rating Information and Services Limited (CRISL) has announced the CPA (Claim Paying Ability) Rating of the Compan
Credit Rating Information and Services Limited (CRISL) has announced the CPA (Claim Paying Ability) Rating of the Company as "A-" in consideration of financials of the Company up to 31st December 2012 (audited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Normal trading of the shares of the Company will resume on 16.05.2013 after record date.
Normal trading of the shares of the Company will resume on 16.05.2013 after record date.
- Trading of the shares of the Company will remain suspended on record date i.e., 15.05.2013.
Trading of the shares of the Company will remain suspended on record date i.e., 15.05.2013.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be
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 12.05.2013 to 14.05.2013. Trading of the shares of the Company will remain suspended on record date i.e., 15.05.2013.
- Q1 Earnings
As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2013 (Jan'13 to March'13), the Company has reported net profit after tax of Tk. 17.98 million with basic EPS of Tk. 0.43 as against Tk. 13.29 million and Tk. 0.32 (restated) respectively for the same period of the previous year. However, considering proposed bonus share @ 12% for the year 2012, restated basic EPS will be Tk. 0.39 as on 31.03.2013 and Tk. 0.29 as on 31.03.2012.
- (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2013 (Jan'13 to March'13), the Compan
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2013 (Jan'13 to March'13), the Company has reported net profit after tax of Tk. 17.98 million with basic EPS of Tk. 0.43 as against Tk. 13.29 million and Tk. 0.32 (restated) respectively for the same period of the previous year. However, considering proposed bonus share @ 12% for the year 2012, restated basic EPS will be Tk. 0.39 as on 31.03.2013 and Tk. 0.29 as on 31.03.2012.
- (Audit Observation): "B Alam & Co.", Auditor of the company, has given the following observation in the audit report of
(Audit Observation): "B Alam & Co.", Auditor of the company, has given the following observation in the audit report of the company for the year ended on 31 December 2012: "Outstanding Premium: Tk. 57,847,397. The above balance includes Tk. 56,445,879 which is carried forward since a long time details of which are given in note 12. No provision for has been made in the accounts for outstanding premium."
- There will be no price limit on the trading of the shares of the Company today (28.04.2013) following its corporate decl
There will be no price limit on the trading of the shares of the Company today (28.04.2013) following its corporate declaration.
- The Board of Directors has recommended stock dividend @ 12% for the year ended on December 31, 2012. Date of AGM: 29.06.
The Board of Directors has recommended stock dividend @ 12% for the year ended on December 31, 2012. Date of AGM: 29.06.2013, Time: 11:00 AM, Venue: Multipurpose Hall, IDEB Bhaban, 160/A Kakrail, VIP Road, Dhaka. Record Date: 15.05.2013. The Company has also reported EPS of Tk. 1.23, NAV per share of Tk. 12.30 and NOCFPS of Tk. 1.68 for the year ended on December 31, 2012.
- As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on April 26, 2013 at 10:00 AM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2012.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.