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 2016 (30).
- 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, 2015, unaudited financials up to September 30, 2016 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Confirmation of sale by a Director
Mr. Sunanda Majumder, one of the Directors of the Company, has further reported that he has completed his sale of 13,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.12 for July-September, 2016 as against Tk. 0.16 for July-September, 2015; EPS was Tk. 0.35 for January-September, 2016 as against Tk. 0.55 for January-September, 2015. NOCFPS was Tk. 0.01 for January-September, 2016 as against Tk. (2.62) for January-September, 2015. NAV per share was Tk. 11.28 as of September 30, 2016 and Tk. 10.93 as of December 31, 2015.
- Declaration of Sale by a Director
Mr. Sunanda Majumder, one of the Directors of the Company, has expressed his intention to sell 13,00,000 shares out of his total holding of 14,17,641 shares of the Company (in the Block market) at prevailing market price through Stock Exchange within October 31, 2016.
- 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, 2016 at 2:35 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2016.
- Buy Confirmation of a Sponsor
Mr. Jashim Uddin, one of the Sponsors of the Company, has further reported that he has completed his buy of 1,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Confirmation of sale by a Sponsor
Al-Haj Ahmed Shafi, 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.
- Buy Declaration of a Sponsor
Mr. Jashim Uddin, one of the Sponsors of the Company, has expressed his intention to buy 1,00,000 shares of the Company at prevailing market price through Stock Exchange within October 31, 2016.
- Declaration of sale by a Sponsor
Al-Haj Ahmed Shafi, one of the Sponsors of the Company, has expressed his intention to sell 2,00,000 shares out of his total holding of 11,70,914 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, 2015 to the respective shareholders' BO Accounts on August 14, 2016.
- Buy Confirmation
Al-Haj Ahmed Shafi, one of the Sponsors of the Company, has further reported that he has completed his buy of 30,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Buy Confirmation
Mr. Md. Abdul Khaleque, one of the Sponsors/Directors of the Company, has further reported that he has completed his buy of 34,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Q2 Financials
EPS was Tk. 0.12 for April-June, 2016 as against Tk. 0.22 for April-June, 2015; EPS was Tk. 0.23 for January-June, 2016 as against Tk. 0.40 for January-June, 2015. NOCFPS was Tk. 0.13 for January-June, 2016 as against Tk. (1.95) for January-June, 2015. NAV per share was Tk. 11.50 as of June 30, 2016 and Tk. 11.27 as of December 31, 2015.
- Buy Completion of Sponsors/Directors
Mr. Towhidul Alam, Mr. Md. Sabirul Hoque and Khadizatul Anwar, all are Sposnors/Directors of the Company, have further reported that, they have completed their buy of 20,000 shares, 40,000 shares and 33,000 shares respectively at prevailing market price through Stock Exchange, as announced earlier.
- Category Change
The Company will be placed in 'B' category from existing 'A' category with effect from July 24, 2016 as the Company has approved 5% stock dividend for general shareholders (excluding Sponsors/Directors) for the year ended on December 31, 2015.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers, Merchant Bankers and Portfolio Manager are requested to abstain from providing loan facilities to purchase any security of Federal Insurance Company Ltd. in between 1st to 30th trading day after change of categorization, effective from July 24, 2016 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- Buy Confirmation of Directors
Mr. Towfiqul Islam Chowdhury and Mrs. Mamtaj Begum, both are Directors of the Company, have further reported that they have completed their buy of 20,000 shares and 40,000 shares respectively at prevailing market price through Stock Exchange as announced earlier.
- Buy Declaration of Sponsor/Directors
Mr. Md. Abdul Khaleque and Mrs. Khadizatul Anwar, both are Sponsors/Directors of the Company, have expressed their intention to buy 34,000 shares and 33,000 shares respectively at prevailing market price through Stock Exchange within next 30 working days.
- Buy Declaration of Directors
Md. Sabirul Hoque, Towhidul Alam and Towfiqul Islam Chowdhury, all are Directors of the Company, have expressed their intention to buy 40,000 shares, 20,000 shares and 20,000 shares respectively at prevailing market price through Stock Exchange within next 30 working days.
- Address Change of Share Department
The Company has informed that the Share Department of the Company has been shifted from Amin Court (1st Floor), 62-63 Motijheel C/A, Dhaka-1000 to the new address at Hoque Chamber, Level-6, 3 DIT Extension Road, Motijheel C/A, Dhaka-1000.
- Sponsors has expressed his intention to buy
Al-Haj Ahmed Shafi, one of the Sponsors of the Company, has expressed his intention to buy 30,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Buy Declaration of a Director
Mrs. Mamtaj Begum, one of the Directors of the Company, has expressed her intention to buy 40,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Resumption after record date
Trading of the shares of the Company will resume on 05.06.2016 after record date for EGM & AGM.
- Suspension news for record date
Trading of the shares of the Company will remain suspended on record date i.e., 02.06.2016 for EGM & AGM.
- Spot News for EGM & AGM
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 31.05.2016 to 01.06.2016. Trading of the shares of the Company will remain suspended on record date i.e., 02.06.2016 for EGM & AGM.
- Dividend Declaration and Increase of Authorized Capital
The Board of Directors has recommended 5% Stock dividend for general shareholders only for the year ended on December 31, 2015. The Board has also decided to increase the Authorized Capital of the Company from Tk. 60.00 crore to Tk. 100.00 crore by amending the Memorandum of Associations and The Articles of Association. Date of EGM and AGM: 21.07.2016, Time of EGM and AGM: 11:30 AM and 12:00 Noon respectively,): Venue: Muktijuddho Srmity Milonayaton (1st Floor), IDEB Bhaban, 160/A Kakrail, VIP Road, Dhaka-1000. Record Date: 02.06.2016. Sponsors hold total 2,19,89,295 shares and General shareholders will get dividend amount of Tk. 173,59,610.00. The Company has also reported EPS of Tk. 0.31, NAV per share of Tk. 11.27 and NOCFPS of Tk. (3.73) for the year ended on December 31, 2015.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.04.2016) following its corporate declaration.
- Q1 Financials
EPS was Tk. 0.12 for January-March, 2016 as against Tk. 0.19 for January-March, 2015. NOCFPS was Tk. (0.06) for July, 2015-March, 2016 as against Tk. (0.50) for July, 2014-March, 2015. NAV per share was Tk. 11.38 as of March 31, 2016 and Tk. 11.27 as of December 31, 2015.
- 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 27, 2016 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2016.
- Board Meeting
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 April 27, 2016 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.