Investment Corporation Of Bangladesh announcements
447 Dhaka Stock Exchange announcements for Investment Corporation Of Bangladesh (ICB) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (22).
- Sale confirmation of a Corporate Sponsor Director
Bangladesh Development Bank PLC., a Corporate Sponsor Director of the Company, has further informed that it has completed its sale of 15,00,000 shares of the Company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated on 23.12.2024.
- Sale declaration of a Corporate Sponsor Director
Bangladesh Development Bank Limited (BDBL), a Corporate Sponsor Director of the Company, has expressed its intention to sell 15,00,000 shares out of its holding of 21,84,88,799 shares of the Company at prevailing market price (In the Public Market) through Dhaka Stock Exchange PLC. (DSE) within next 30 working days.
- Sale confirmation of a Corporate Sponsor Director
Bangladesh Development Bank PLC., a Corporate Sponsor Director of the Company, has further informed that it has completed its sale of 10,00,000 shares of the Company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated on 17.12.2024.
- Regarding BDT 3,000 Crore Loan for ICB under State Guarantee
Investment Corporation of Bangladesh has informed that the Government of the People's Republic of Bangladesh, through the Ministry of Finance, Finance Division, granted a state guarantee on 13.11.2024. Based on this guarantee, Bangladesh Bank approved a loan of BDT 3,000.00 crore on 27.11.2024 to ensure stability in the capital market by enhancing ICB's investment capacity in the capital (cont.) (Cont. news of ICB): market through investments and repayment of high-interest deposits and loans. Subsequently, on 03.12.2024, the interest rate of the approved loan was fixed at the variable Bank Rate. The loan amount was deposited into ICB's bank account on 12.12.2024 at 6:00 PM. (end)
- Sale declaration of a Corporate Sponsor Director
Bangladesh Development Bank PLC., a Corporate Sponsor Director of the Company, has expressed its intention to sell 10,00,000 shares out of its holding of 21,94,88,799 shares of the Company at prevailing market price (In the Public Market) through Dhaka Stock Exchange PLC. (DSE) within next 30 working days.
- Emphasis of Matter and Other Matters
The auditor of the company has given the "Emphasis of Matter" and "Other Matters" paragraphs in the Auditor's Report of the company for the year ended June 30, 2024. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/ICB_2024.pdf
- Credit Rating Result
National Credit Ratings Limited has assigned the Surveillance entity rating of the Company as "AAA" in the long term and "ST-1" in the short term along with Developing outlook based on audited financial statements as on June 30, 2024 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Resumption after Record Date
Trading of the shares of the company will resume on 08.12.2024.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 05.12.2024.
- 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 03.12.2024 to 04.12.2024 and trading of the shares will remain suspended on record date i.e., 05.12.2024.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. (0.87) for July-September 2024 as against Tk. (2.73) for July-September 2023; Consolidated NOCFPS was Tk. (1.80) for July-September 2024 as against Tk. (0.72) for July-September 2023. Consolidated NAV per share was Tk. 51.08 as on September 30, 2024 and Tk. 51.95 as on June 30, 2024. EPS increased due to increase in capital gain from sale of securities and increase in dividend income.
- 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 November 24, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- Dividend Declaration
The Board of Directors has recommended 2% Cash Dividend for the year ended June 30, 2024. Date of AGM: 21.12.2024, Time: 10:30 AM, Venue: Digital Platform. Record Date: 05.12.2024. The Company has also reported Consolidated EPS of Tk. 0.38, Consolidated NAV per share of Tk. 51.95 and Consolidated NOCFPS of Tk. 4.20 for the year ended June 30, 2024 as against Tk. 0.89, Tk. 52.04 and Tk. 1.30 respectively for the year ended June 30, 2023.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (18.11.2024) following its corporate declaration.
- 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 November 17, 2024 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Dividend Disbursement
The company has informed that it has credited the Bonus Shares to the respective shareholders' BO Accounts and it has also disbursed the Cash Dividend to the respective shareholders for the year ended June 30, 2023.
- (Q3 Un-audited): Consolidated EPS was Tk. (0.65) for January-March 2024 as against Tk. 0.03 for January-March 2023; Cons
(Q3 Un-audited): Consolidated EPS was Tk. (0.65) for January-March 2024 as against Tk. 0.03 for January-March 2023; Consolidated EPS was Tk. (3.08) for July 2023-March 2024 as against Tk. 0.57 for July 2022-March 2023. Consolidated NOCFPS was Tk. (1.64) for July 2023-March 2024 as against Tk. (1.17) for July 2022-March 2023. Consolidated NAV per share was Tk. 48.70 as on March 31, 2024 and Tk. 52.04 as on June 30, 2023. (cont.)
- Q3 Financials
(Continuation news of ICB): Reasons for deviation in EPS and NOCFPS: EPS has been decreased due to decrease in capital gain from sale of securities, dividend income, increase in interest expense, increase in provision against loans and advances and provision for taxation. NOCFPS has been decreased due to increase in interest payment and decrease in capital gain from sale of securities. (end)
The first part of this announcement is missing from the archive. - 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 04:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- (Q2 Un-audited): Consolidated EPS was Tk. 0.29 for October-December 2023 as against Tk. 0.30 for October-December 2022;
(Q2 Un-audited): Consolidated EPS was Tk. 0.29 for October-December 2023 as against Tk. 0.30 for October-December 2022; Consolidated EPS was Tk. (2.44) for July-December 2023 as against Tk. 0.54 for July-December 2022; Consolidated NOCFPS was Tk. (1.14) for July-December 2023 as against Tk. 0.18 for July-December 2022. Consolidated NAV per share was Tk. 49.36 as on December 31, 2023 and Tk. 52.04 as on June 30, 2023. (cont.)
- Q2 Financials
(Continuation news of ICB): Reasons for deviation in EPS and NOCFPS: Net profit and EPS declined due to lower capital gains from share sales, interest expense and increased provisioning against loans and advances. NOCFPS declined mainly due to increase in interest expense and decrease in capital gain from share sale. (end)
The first part of this announcement is missing from the archive. - 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 January 29, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.