Islamic Finance and Investment PLC. announcements
488 Dhaka Stock Exchange announcements for Islamic Finance and Investment PLC. (ISLAMICFIN) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (25).
- Sale confirmation of a Sponsor
Mr. Mostanser Billa, one of the Sponsors of the Company, has further reported that he has completed his sale of 35,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.105 for July-September, 2017 as against Tk. 0.280 for July-September, 2016; EPS was Tk. 0.838 for January-September, 2017 as against Tk. 0.844 for January-September, 2016. NOCFPS was Tk. 4.18 for January-September, 2017 as against Tk. 8.77 for January-September, 2016. NAV per share was Tk. 13.31 as of September 30, 2017 and Tk. 11.70 as of September 30, 2016.
- Sale declaration of a Sponsor
Mr. Mostanser Billa, one of the Sponsors of the Company, has expressed his intention to sell 35,000 shares out of his total holding of 27,24,877 shares of the Company at prevailing market price (In the Public/Block Market) through Stock Exchange within October 31, 2017.
- 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 24, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2017.
- Sale confirmation of a Sponsor
Mr. Md. Shafiqul Islam, one of the Sponsors of the Company, has further reported that he has completed his sale of 1,00,000 shares of the Company at prevailing market price through Stock Exchanges as announced earlier.
- Sale declaration of a Sponsor
Mr. Md. Shafiqul Islam, one of the Sponsors of the Company, has expressed his intention to sell 1,00,000 shares out of his total holding of 5,86,873 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2017.
- Sale confirmation of a Sponsor
Mr. Liaquat Hossain Moghul, one of the Sponsors of the Company, has further reported that he has completed his sale of 1,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale Declaration of a Sponsor
Referring to the earlier declaration made by a Sponsor Mr. Md. Fazlul Hoque, regarding sale of 2,00,000 shares (news disseminated by DSE on 25.10.2016), the Sponsor has further informed that he failed to sell the above mentioned shares within the stipulated time. After receiving permission from the BSEC, he further expressed his intention to sell 2,00,000 shares within next 30 working days starting from August 20, 2017; i.e. the date of issuing the consent letter by the BSEC.
- Decision to form a Subsidiary Company
The Company has informed that the Board of Directors has decided to form a Subsidiary Company in the name and style "IFIL Securities Ltd." subject to the approval of the Regulatory Authorities.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.21 for April-June, 2017 as against Tk. 0.42 for April-June, 2016; EPS was Tk. 0.73 for January-June, 2017 as against Tk. 0.56 for January-June, 2016. NOCFPS was Tk. 2.68 for January-June, 2017 as against Tk. 10.80 for January-June, 2016. NAV per share was Tk. 13.20 as of June 30, 2017 and Tk. 11.42 as of June 30, 2016.
- Sale declaration of a Sponsor
Mr. Liaquat Hossain Moghul, one of the Sponsors of the Company, has expressed his intention to sell 1,00,000 shares out of his total holding of 21,29,649 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within next 30 working days.
- 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 24, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2017.
- Dividend Disbursement
The Company has informed that it has disbursed cash dividend for the year ended on December 31, 2016.
- Stock Dividend Credited
The Company has informed that it has credited the bonus shares for the year ended on December 31, 2016 to the respective shareholders' BO Accounts on June 12, 2017.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.58 for January-March, 2017 as against Tk. 0.15 for January-March, 2016. NOCFPS was Tk. 4.45 for January-March, 2017 as against Tk. 3.88 for January-March, 2016. NAV per share was Tk. 14.72 as of March 31, 2017 and Tk. 13.63 as of March 31, 2016.
- Confirmation of sale by a Sponsor
Mr. Shibbir Mahmud, 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.
- Credit Rating Result
Alpha Credit Rating Limited (AlphaRating) has rated the Company as "A" in the long term and "ST-3" in the short term along with a stable outlook based on audited financial statements of the Company as on December 31, 2016 and other relevant qualitative information till April 29, 2017.
- Resumption after Record Date
Trading of the shares of the Company will resume on 30.04.2017 after record date.
- 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 May 02, 2017 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, 2017.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 27.04.2017.
- Spot News
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 25.04.2017 to 26.04.2017. Trading of the shares of the Company will remain suspended on record date i.e., 27.04.2017.
- Sale declaration of a Sponsor
Mr. Shibbir Mahmud, one of the Sponsors of the Company, has expressed his intention to sell 2,00,000 shares out of his total holding of 26,59,570 shares of the Company at prevailing market price (In the Public) through Stock Exchange within next 30 working days.
- Dividend Declaration
The Board of Directors has recommended 3% cash dividend and 11% stock dividend for the year ended on December 31, 2016. Date of AGM: 24.05.2017, Time: 10:30 AM, Venue: Institution of Diploma Engineers, 160/A, Kakrail, Dhaka-1000. Record Date: 27.04.2017. The Company has also reported EPS of Tk. 2.30, NAV per share of Tk. 14.14 and NOCFPS of Tk. 13.26 for the year ended on December 31, 2016 as against Tk. 1.64, Tk. 13.35 and Tk. 1.14 respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (06.04.2017) 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 April 05, 2017 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2016.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.