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 2024 (22).
- Name Change of the Company
Dhaka Stock Exchange Limited (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Company will be 'Islamic Finance & Investment PLC.' instead of 'Islamic Finance & Investment Limited' with effect from November 28, 2024. Other things (except name) will remain unchanged.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. (5.71) for July-September 2024 as against Tk. (2.16) for July-September 2023; EPS was Tk. (8.10) for January-September 2024 as against Tk. (2.14) for January-September 2023. NOCFPS was Tk. (1.03) for January-September 2024 as against Tk. (1.84) for January-September 2023. NAV per share was Tk. 4.33 as on September 30, 2024 and Tk. 12.42 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 24, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- Sale confirmation of a Sponsor
The company has informed that Mr. S.M. Bakhtiar Alam, a Sponsor of the Company, has completed his sale of 2,00,000 shares of the Company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated on 03.10.2024.
- Sale Declaration of a Sponsor
Mr. S.M. Bakhtiar Alam, a Sponsor of the Company, has expressed his intention to sell 200,000 shares out of his total holding of 30,08,789 shares of the company at prevailing market price (in the Public Market) through Dhaka Stock Exchange PLC. (DSE) within October 31, 2024.
- Query Response
In response to the DSE query, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.
- Credit Rating Result
Emerging Credit Rating Limited (ECRL) has affirmed surveillance rating of the Company as "A" in the long term and "ST-3" in the short term along with Developing outlook based on audited financial statements up to December 31, 2023, unaudited quarterly financial statement up to June 30, 2024 and other relevant quantitative as well as qualitative information up to the date of rating.
- Election of Chairman
The company has informed that the Board of Directors has elected Janab Abul Quasem Haider as Chairman of the Board of Directors of the company with effect from September 05, 2024.
- Query Response
In response to the DSE query dated August 14, 2024, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. (0.76) for April-June 2024 as against Tk. (0.04) for April-June 2023; EPS was Tk. (2.38) for January-June 2024 as against Tk. 0.02 for January-June 2023. NOCFPS was Tk. 0.15 for January-June 2024 as against Tk. (2.26) for January-June 2023. NAV per share was Tk. 10.04 as on June 30, 2024 and Tk. 12.42 as on December 31, 2023.
- Regarding venue of 23rd AGM
Refer to their earlier news disseminated by DSE on 02.07.2024 regarding dividend declaration, the company has further informed that the 23rd AGM of the Company will be held through Hybrid System at Sena Convention Hall (Sena Gourab), SKS Tower, 7 VIP Road, Mohakhali, Dhaka-1206, Bangladesh.
- Resumption after Record Date
Trading of the shares of the company will resume on 29.07.2024.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 28.07.2024.
- 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 30, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 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 from 24.07.2024 to 25.07.2024 and trading of the shares will remain suspended on record date i.e., 28.07.2024.
- Matter of Emphasis
The auditor of the company has given the "Matter of Emphasis" paragraph 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/july/IslamicFinance_2023.pdf
- Dividend Declaration
The Board of Directors has recommended No Dividend for the year ended December 31, 2023. Date of AGM: 22.08.2024, Time: 11:00 AM, System of holding AGM: Hybrid System. Venue: Will be notified through AGM notice. Record Date: 28.07.2024. The Company has also reported EPS of Tk. (1.64), NAV per share of Tk. 12.42 and NOCFPS of Tk. (0.38) for the year ended December 31, 2023 as against Tk. 0.30, Tk. 14.56 and Tk. (16.92) respectively for the year ended December 31, 2022.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (02.07.2024) following its corporate declaration.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (1.62) for January-March 2024 as against Tk. 0.06 for January-March 2023. NOCFPS was Tk. (0.71) for January-March 2024 as against Tk. (1.83) for January-March 2023. NAV per share was Tk. 10.80 as on March 31, 2024 and Tk. 12.42 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 June 30, 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 June 30, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
- Change of the Company Secretary
The company has informed that Mr. Md. Ramzan Hossain ACS has been assigned with the responsibilities of Company Secretary as In-charge/Acting Company Secretary of the company.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.