First Security Islami Bank PLC announcements
340 Dhaka Stock Exchange announcements for First Security Islami Bank PLC (FIRSTSBANK) since 2008: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2014 (24).
- Trade Resume
Normal trading of the shares of the Company will resume on 23.11.2014 after record date.
- Trade Suspended
Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2014 for entitlement of Rights shares. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>
- New Managing Director
The Company has informed that the Board of Directors of the Company has decided Mr. Syed Waseque Md Ali as the Managing Director (Current Charge) of the Company in addition to his current post of Deputy Managing Director with effect from November 15, 2014. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>
- Spot Market and Block/Odd lot transactions
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 the entitlement of Rights shares from 18.11.2014 to 19.11.2014. Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2014. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>
- Q3 earnings
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported consolidated net profit after tax of Tk. 61.12 million with consolidated EPS of Tk. 0.15 as against Tk. 179.88 million and Tk. 0.44 respectively for the same period of the previous year. Whereas consolidated net profit after tax was Tk. 364.99 million with consolidated EPS of Tk. 0.89 for the period of nine months (Jan'14 to Sep'14) ended on 30.09.2014 as against Tk. 426.08 million and Tk. 1.04 respectively for the same period of the previous year.
- subscription period for rights issue
The Company has further informed that the subscription period for rights issue of the Company will be from 07.12.2014 to 28.12.2014. Record Date for entitlement of rights share: 20.11.2014. Purpose of the rights issue is to raise Tier I capital for strengthening capital base of the Company.
- Right Issue Approved
Bangladesh Securities and Exchange Commission (BSEC) has approved the Rights offer of First Security Islami Bank Ltd. for 205,719,360 ordinary shares of Tk. 10.00 each totaling Tk. 2,057,193,600.00 at a ratio of 1R:2, i.e. one rights share for two existing shares. The approval has been accorded subject to the condition that the Company shall comply with the requirements embodied in the Securities and Exchange Commission (Rights Issue) Rules, 2006 and other relevant laws and Regulatory Requirements, and shall also adhere to the conditions imposed by BSEC under Section-2CC of the Securities and Exchange Ordinance, 1969.
- regarding approval of rights issue as the Company has failed
BSEC is not in a position to consider the application of First Security Islami Bank Limited regarding approval of rights issue as the Company has failed to comply with the requirement of rule 3(f) of the Securities and Exchange Commission (Rights Issue) Rules, 2006.
- H/Y Earnings
(H/Y): As per un-audited half yearly accounts as on 30.06.2014 (Jan'14 to June'14), the Company has reported consolidated net profit after tax of Tk. 303.87 million with consolidated EPS of Tk. 0.74 as against Tk. 246.19 million and Tk. 0.60 respectively for the same period of the previous year. Whereas consolidated net profit after tax was Tk. 207.73 million with consolidated EPS of Tk. 0.50 for the period of 3 months (Apr'14 to June'14) ended on 30.06.2014 as against Tk. 175.55 million and Tk. 0.43 respectively for the same period of the previous year.
- trade resume
Normal trading of the shares of the Company will resume on 23.06.2014 after record date for EGM
- trade suspension
Trading of the shares of the Company will remain suspended on record date i.e., 22.06.2014 for EGM only. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.
- Spot Market Transaction
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 from 18.06.2014 to 19.06.2014. Trading of the shares of the Company will remain suspended on record date i.e., 22.06.2014 for EGM only. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.
- revised Right offer 1R:2
With reference to their earlier news (news disseminated by DSE on March 13, 2014) regarding issuance of Rights share, the Company has further informed that the Board of Directors has recommended to revise the Offer Price of the rights issue @ 1R:2 (1 rights share for every two shares) to Tk. 10.00 each at par instead of Tk. 12.00 subject to approval by the shareholders in the EGM as well as by the Regulatory Authorities. Date of EGM: 19.07.2014, Time: 12:00 Noon, Venue: Hotel Agrabad, Chittagong. Record date for EGM: 22.06.2014. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.
- The Company has informed that Cash Dividend for shareholders except Sponsors/Directors for the year ended on December 31
The Company has informed that Cash Dividend for shareholders except Sponsors/Directors for the year ended on December 31, 2013 has been credited to the respective shareholders' Bank Accounts through BEFTN. The shareholders whose accounts were not credited due to inadequate information in their bank accounts have been requested to collect their dividend warrants from share department of the Company at 23 Dilkusha C/A (3rd Floor), Dhaka-1000 during the office hours.
- (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Compan
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported consolidated net profit after tax of Tk. 96.14 million with consolidated EPS of Tk. 0.23 as against Tk. 70.65 million and Tk. 0.17 respectively for the same period of the previous year.
- Credit Rating
Emerging Credit Rating Limited (ECRL) has assigned the surveillance rating of the Company as "A+" in the long term and ECRL-2 in the short term along with a stable outlook to the Company based on financials of the Company up to December 31, 2013 and other relevant quantitative and qualitative information up to the date of rating.
- Emerging Credit Rating Limited (ECRL) has assigned the surveillance rating of the Company as "A+" in the long term and E
Emerging Credit Rating Limited (ECRL) has assigned the surveillance rating of the Company as "A+" in the long term and ECRL-2 in the short term along with a stable outlook to the Company based on financials of the Company up to December 31, 2013 and other relevant quantitative and qualitative information up to the date of rating.
- Normal trading of the shares of the Company will resume on 27.03.2014 after record date. Another record date for entitle
Normal trading of the shares of the Company will resume on 27.03.2014 after record date. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.
- Trading of the shares of the Company will remain suspended on record date i.e., 25.03.2014. Another record date for enti
Trading of the shares of the Company will remain suspended on record date i.e., 25.03.2014. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.
- 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 20.03.2014 to 24.03.2014. Trading of the shares of the Company will remain suspended on record date i.e., 25.03.2014. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.
- The Board of Directors has recommended 10% cash dividend only for Shareholders except Sponsors/Directors for the year en
The Board of Directors has recommended 10% cash dividend only for Shareholders except Sponsors/Directors for the year ended on December 31, 2013. The Sponsors/Directors holding total 210,974,520 shares of the Company will not be entitled to recommended dividend. The total amount payable to public Shareholders as dividend is Tk. 200,464,200.00. The Board has also decided to issue Rights shares @ 1R:2 (i.e. 1 Rights share for every 2 Ordinary shares) of Tk. 10.00 each at an issue price of Tk. 12.00 each (including a premium of Tk. 2.00 per share) subject to the approval by the shareholders and regulatory authorities. Purpose of the Rights share issue is to enhance and strengthen the capital base of the Company. (cont.)
- (Continuation of news of FIRSTSBANK): Date of AGM: 25.04.2014, Time: 10:00 AM, Venue: Hotel Agrabad, Agrabad, Chittagong
(Continuation of news of FIRSTSBANK): Date of AGM: 25.04.2014, Time: 10:00 AM, Venue: Hotel Agrabad, Agrabad, Chittagong. Record date: 25.03.2014. The Company has also reported EPS of Tk. 1.87, NAV per share of Tk. 15.64 and NOCFPS of Tk. 18.41 for the year ended on December 31, 2013. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC. (end)
The first part of this announcement is missing from the archive. - There will be no price limit on the trading of the shares of the Company today (13.03.2014) following its corporate decl
There will be no price limit on the trading of the shares of the Company today (13.03.2014) following its corporate declaration.
- 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 March 12, 2014 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2013.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.