Janata Insurance PLC announcements
389 Dhaka Stock Exchange announcements for Janata Insurance PLC (JANATAINS) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (14).
- Credit Rating Result
Alpha Credit Rating Limited (AlphaRating) has rated the Company as "A-" in the long term and "AR-3" in the short term along with a stable outlook based on audited financial statements of the Company up to December 31, 2014, half yearly unaudited management report of 30th June, 2015 and relevant qualitative information up to December 05, 2015.
- Emphasis of Matter
Auditor of the company has given the following "Matter of Emphasis" paragraph in the audit report of the company for the year ended on 31 December 2014: Matter of Emphasis: Board resolution dated 20 May 2013 it was decided that the short provision on account of gratuity fund amount of Taka 48,931,510.00 (unaudited) will be recouped within 10 years by making arrear provision of gratuity with the current year provision starting from the year 2013, accordingly the company provided Taka 4,000,000.00 in the year 2013 and also the same amount of Taka 4,000,000.00 has been provided in the accounts of 2014 as arrear provision of gratuity and balance short provision will be met up by coming 8 (eight) years.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.02 for July-September, 2015 as against Tk. (0.20) for July-September, 2014; EPS was Tk. 0.40 for January-September, 2015 as against Tk. 0.25 for January-September, 2014. NOCFPS was Tk. 0.10 for January-September, 2015 as against Tk. 0.25 for January-September, 2014. NAV per share was Tk. 13.56 as of September 30, 2015 and Tk. 14.47 as of December 31, 2014.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on December 31, 2014 to the respective shareholders' BO Accounts on August 12, 2015.
- Q2 Financials
EPS for April-June, 2015 was Tk. 0.15 as against Tk. 0.14 for April-June, 2014, EPS for Jan-June, 2015 was Tk. 0.42 as against Tk. 0.50 for Jan-June, 2014. NOCFPS was Tk. 0.21 for Jan-June, 2015 as against Tk. 0.46 for Jan-June, 2014. NAV per share was Tk. 14.89 as of June 30, 2015 and Tk. 14.47 as of December 31, 2014.
- Venue of 29th AGM
The Company has further informed that the 29th AGM of the Company will be held on July 25, 2015 at 11.00 AM at EmmanuelleÂs New Hall, House # 08, Road # 135, Gulshan-1, Dhaka-1212. Other information of the AGM will remain unchanged.
- Share acquisition by a Sponsor
Ifteakhar Al Jamil, one of the Sponsors of the Company, has expressed his intention to acquire 11,62,158 shares of the Company from Hasina Begum, another Sponsor of the Company, as per Judgment made by the Honorable High Court Division of the Supreme Court of Bangladesh dated 04.12.14, at prevailing market price through Stock Exchange within next 30 working days.
- Resumption News after Record Date
Normal trading of the shares of the Company will resume on 24.05.2015 after record date.
- Suspension News for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 21.05.2015.
- Spot News for AGM
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 19.05.2015 to 20.05.2015. Trading of the shares of the Company will remain suspended on record date i.e., 21.05.2015.
- Q1 Financials
Net Profit after tax from Jan15 to March15 was Tk. 9.21 million with basic EPS of Tk. 0.26 as against Tk. 12.37 million and Tk. 0.35 respectively for the same period of the previous year. However, considering proposed bonus share 10% for the year 2014, restated basic EPS will be Tk. 0.24 as on 31.03.2015 and Tk. 0.32 as on 31.03.2014.
- Dividend Declaration
The Board of Directors has recommended 10% stock dividend for the year ended on December 31, 2014. Date of AGM: 25.07.2015, Record Date: 21.05.2015. Time and Venue of the AGM will be notified later. The Company has also reported EPS of Tk. 0.16, NAV per share of Tk. 14.47 and NOCFPS of Tk. 0.74 for the year ended on December 31, 2014.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (11.05.2015) following its corporate declaration.
- Board Meeting
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on May 10, 2015 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2014.<br>
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.