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 2024 (21).
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.21 for July-September, 2024 as against Tk. 0.25 for July-September, 2023; EPS was Tk. 0.75 for January-September, 2024 as against Tk. 0.96 for January-September, 2023. NOCFPS was Tk. 0.26 for January-September, 2024 as against Tk. 0.20 for January-September, 2023. NAV per share was Tk. 12.68 as on September 30, 2024 and Tk. 12.93 as on December 31, 2023.
- 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 28, 2024 at 2:45 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- Category Change
The Company has been placed in 'A' category from existing 'Z' category with effect from today i.e., October 02, 2024 as the Company has reported disbursement of 10% Cash Dividend for the year ended December 31, 2023.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase the securities of Federal Insurance Company Ltd. in between 1st to 7th trading days following the change of categorization, with effect from today i.e., October 02, 2024 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.
- Category Change
The Company has been placed in 'Z' category from existing 'A' category with effect from today i.e., 01.10.2024 as per provision 1(e) of BSEC Directive No. BSEC/CMRRCD/2009-193/77, dated May 20, 2024.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase securities of Federal Insurance Company Ltd. with effect from today i.e., 01.10.2024 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2023 to the respective shareholders.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.21 for April-June 2024 as against Tk. 0.30 for April-June 2023; EPS was Tk. 0.54 for January-June 2024 as against Tk. 0.65 for January-June 2023. NOCFPS was Tk. 0.16 for January-June 2024 as against Tk. 0.24 for January-June 2023. NAV per share was Tk. 13.47 as on June 30, 2024 and Tk. 12.93 as on December 31, 2023.
- Reschedule of Board Meeting under LR 16(1)
The Company has further informed that the meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on July 29, 2024 at 02:30 PM instead of July 22, 2024 to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- 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 July 22, 2024 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- Credit Rating Result
National Credit Ratings Limited has assigned the surveillance entity rating of the Company as "AA+" in the long term and "ST-2" in the short term along with Stable outlook based on audited financial statements as on December 31, 2023.
- Resumption after Record date
Trading of the shares of the company will resume on 11.06.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 10.06.2024.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 06.06.2024 to 09.06.2024 and trading of the shares will remain suspended on record date i.e., 10.06.2024.
- Qualified Opinion and Emphasis of Matter
The auditor of the company has given the "Qualified Opinion and Emphasis of Matter" paragraphs in the Auditor's Report of the company for the year ended December 31, 2023. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/may/FederalInsurance_2023.pdf
- The Board of Directors has recommended 10\% Cash Dividend for the year ended December 31, 2023. Date of AGM: 14.08.2024,
The Board of Directors has recommended 10\% Cash Dividend for the year ended December 31, 2023. Date of AGM: 14.08.2024, Time: 11:00 AM, Venue: Hybrid System i.e combination of physical presence at Muktijuddho Srmity Milonayaton (1st Floor) IDEB Bhaban, 160/A Kakrail, VIP Road, Dhaka-1000 & using Digital Platform. Record date: 10.06.2024. (cont.)
- Dividend Declaration
(Continuation news of FEDERALINS): The Company has also reported EPS of Tk. 0.96, NAV per share of Tk. 12.93 and NOCFPS of Tk. 0.93 for the year ended December 31, 2023 as against Tk. 1.03, Tk. 12.97 and Tk. 1.65 respectively for the year ended December 31, 2022. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.04.2024) following its corporate declaration.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.33 for January-March 2024 as against Tk. 0.35 for January-March 2023. NOCFPS was Tk. 0.26 for January-March 2024 as against Tk. 0.18 for January-March 2023. NAV per share was Tk. 13.26 as on March 31, 2024 and Tk. 12.93 as on December 31, 2023.
- Board Meeting schedule under LR 19(1)
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 28, 2024 at 03:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
- 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 28, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.