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 2015 (22).
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has announced the CPA (Claim Paying Ability) Rating of the Company as "A" along with a stable outlook in consideration of audited financials of the Company up to December 31, 2014, unaudited financials up to September 30, 2015 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Q3
EPS was Tk. 0.17 for July-September, 2015 as against Tk. 0.36 for July-September, 2014; EPS was Tk. 0.57 for January-September, 2015 as against Tk. 0.89 for January-September, 2014. NOCFPS was Tk. (2.70) for January-September, 2015 as against Tk. 0.10 for January-September, 2014. NAV per share was Tk. 11.63 as of September 30, 2015 and Tk. 10.96 as of December 31, 2014.
- Confirmation of sale by a Sponsor
Mohammed Abdus Salim, one of the Sponsors of the Company, has further reported that he has completed his sale of 2,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Confirmation of sale by a Sponsor/Director
Md. Sabirul Hoque, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of 2,85,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Declaration of sale
Md. Sabirul Hoque, one of the Sponsors/Directors of the Company, has expressed his intention to sell 2,85,000 shares out of his total holding of 14,22,662 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Confirmation of sale
Al-haj Ahmed Shafi, one of the Sponsors of the Company, has further reported that he has completed his sale of 90,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier
- Declaration of sale by a Sponsor
Bar. Imtiaz Uddin Ahmad Asif, one of the Sponsors of the Company, has expressed his intention to sell 8,00,000 shares out of his total holding of 12,80,888 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Sale declaration by a Sponsor
Mohammed Abdus Salim, one of the Sponsors of the Company, has expressed his intention to sell 2,00,000 shares out of his total holding of 3,14,266 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Q2 Financials
EPS for April-June, 2015 was Tk. 0.22 as against Tk. 0.24 for April-June, 2014, EPS for Jan-June, 2015 was Tk. 0.40 as against Tk. 0.58 for Jan-June, 2014. NOCFPS was Tk. (1.95) for Jan-June, 2015 as against Tk. 0.09 for Jan-June, 2014. NAV per share was Tk. 11.36 as of June 30, 2015 and Tk. 10.96 as of December 31, 2014.
- Declaration of sale by a Sponsor
Al-haj Ahmed Shafi, one of the Sponsors of the Company, has expressed his intention to sell 90,000 shares out of his total holding of 12,30,914 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on December 31, 2014 to the respective shareholders' BO Accounts on July 13, 2015.
- Newly Elected Chairman
The Company has informed that the Board of Directors of the Company has elected Mr. Enamul Hoq as the Chairman of the Company.
- Confirmation of Transfers by Sponsors
Md. Lokman Chowdhury and Nurul Alam, both are Sponsors of the Company, have further reported that they have completed their transfers of 10,50,000 shares each to their sons Towfiqul Islam Chowdhury and Towhidul Alam, by way of gift outside the trading system of the Exchange as announced earlier.<br>
- Declaration of Transfer by Sponsors
Md. Lokman Chowdhury and Nurul Alam, both are Sponsors of the Company, have expressed their intention to transfer 10,50,000 shares each out of their total holdings of 13,24,514 and 13,24,469 shares respectively to their sons, Towfiqul Islam Chowdhury and Towhidul Alam 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.
- Resumption News after Record Date
Normal trading of the shares of the Company will resume on 19.05.2015 after record date.
- Suspension News for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 18.05.2015.
- 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 14.05.2015 to 17.05.2015. Trading of the shares of the Company will remain suspended on record date i.e., 18.05.2015.
- Q1 Financials
Net Profit after tax from Jan15 to March15 was Tk. 9.99 million with basic EPS of Tk. 0.19 as against Tk. 17.48 million and Tk. 0.34 respectively for the same period of the previous year. However, considering proposed bonus share 10% for the year 2014, restated basic EPS will be Tk. 0.18 as on 31.03.2015 and Tk. 0.31 as on 31.03.2014.
- Dividend Declaration
The Board of Directors has recommended 10% stock dividend for the year ended on December 31, 2014. Date of AGM: 29.06.2015, Time: 11:00 AM, Venue: BIAM Auditorium, 63 New Eskaton Road, Dhaka. Record Date: 18.05.2015. The Company has also reported EPS of Tk. 1.09, NAV per share of Tk. 12.06 and NOCFPS of Tk. 0.65 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 (29.04.2015) following its corporate declaration.
- Board Meeting
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 27, 2015 at 2:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2014.
- Credit Rating
Credit Rating Information and Services Limited (CRISL) has announced the CPA (Claim Paying Ability) Rating of the Company as A- along with a stable outlook in consideration of audited financials up to December 31, 2013, unaudited financials up to September 30, 2014 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.