DSE:KARNAPHULI

Karnaphuli Insurance PLC announcements

385 Dhaka Stock Exchange announcements for Karnaphuli Insurance PLC (KARNAPHULI) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2009 (47).

  1. The Company has informed that the subscription period for right issue will be from 25.02.2010 to 24.03.2010. Record date

    The Company has informed that the subscription period for right issue will be from 25.02.2010 to 24.03.2010. Record date for entitlement of rights share: 20.01.2010. The Board of Directors has also decided to sponsor a Mutual Fund in the name and style 'Karnaphuli Insurance 1st Mutual Fund' of BDT 75.00 crore divided into 75,000,000 units of Tk. 10.00 each wherein company's stake as sponsor will be 10%, Pre-IPO placement will be 40% and rest 50% of total fund will be for public offering subject to approval from the SEC.

  2. SEC has given consent to the Rights Issue of the company under the provisions of the Securities and Exchange Commission

    SEC has given consent to the Rights Issue of the company under the provisions of the Securities and Exchange Commission (Rights Issue) Rules, 2006, for issuance of 13,37,670 ordinary shares of Tk. 100.00 each at an issue price of Tk. 200.00 per share (including premium of Tk. 100.00 each) amounting Tk. 26,75,34,000.00 only at a ratio of 1:1 i.e. one right share for each existing share. The approval has been accorded subject to the condition that the company shall comply with the requirements embodied in the aforesaid Rules and other relevant laws and regulatory requirements, and shall also adhere to the conditions imposed by SEC under section -2CC of the Securities and Exchange Ordinance, 1969.

  3. SEC has informed that the Commission does not accord approval to the rights issue since explanations of the company rega

    SEC has informed that the Commission does not accord approval to the rights issue since explanations of the company regarding non-compliance of Rule 4(2) of the Securities and Exchange Commission (Rights Issue) Rules, 2006 in respect of offering the rights shares at premium are not convincing.

  4. SEC has warned the Company, its Directors, Managing Director and Company Secretary for non-compliance with securities re

    SEC has warned the Company, its Directors, Managing Director and Company Secretary for non-compliance with securities related laws in connection with audited financial statements for the year ended on December 31, 2007.

  5. The company has informed that Credit Rating Information and Services Ltd. (CRISL) has assigned the company Entity Rating

    The company has informed that Credit Rating Information and Services Ltd. (CRISL) has assigned the company Entity Rating as "A-" for the year 2008.

  6. As per un-audited half yearly accounts as on 30.06.09, the Company has reported profit after tax of Tk. 18.19 m with bas

    As per un-audited half yearly accounts as on 30.06.09, the Company has reported profit after tax of Tk. 18.19 m with basic EPS of Tk. 16.32 as against last year's half yearly of Tk. 23.36 m and Tk. 20.95 respectively. However, considering bonus share for the year 2008, diluted EPS of the company is Tk. 13.60 as on 30.06.09 and Tk. 17.46 as on 30.06.08.

  7. The company has informed that it has credited the stock dividend for the year 2008 to the respective shareholders' BO Ac

    The company has informed that it has credited the stock dividend for the year 2008 to the respective shareholders' BO Accounts on 28.07.09.

  8. Mrs. Hasina Nizam, one of the Sponsors/Directors of the company, has further reported that she has completed her sale of

    Mrs. Hasina Nizam, one of the Sponsors/Directors of the company, has further reported that she has completed her sale of 5,000 shares of the company at prevailing market price through Stock Exchange as announced earlier.

  9. Mrs. Maria Zaman, one of the Directors of the company, has further reported that she has completed her sale of 1,700 sha

    Mrs. Maria Zaman, one of the Directors of the company, has further reported that she has completed her sale of 1,700 shares of the company at prevailing market price through Stock Exchange as announced earlier.

  10. Mrs. Ummu Kawser Salsabil, one of the Sponsors/Directors of the company, has further reported that she has completed her

    Mrs. Ummu Kawser Salsabil, one of the Sponsors/Directors of the company, has further reported that she has completed her sale of 2,000 shares of the company at prevailing market price through Stock Exchange as announced earlier.

  11. Mrs. Raquiba Fakhrul, one of the Directors of the Company, has reported her intention to transfer 5,500 shares out of he

    Mrs. Raquiba Fakhrul, one of the Directors of the Company, has reported her intention to transfer 5,500 shares out of her total holdings of 25,067 shares of the company to her son Mr. Raquib Md. Fakhrul by way of gift outside the trading system of the Exchange.

  12. Mrs. Maria Zaman, one of the Directors of the company, has reported her intention to sell 1,700 shares out of her total

    Mrs. Maria Zaman, one of the Directors of the company, has reported her intention to sell 1,700 shares out of her total holdings of 8,971 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  13. Ms. Maria Zaman, one of the Sponsors/Directors of the company, has further reported that she has completed her sale of 1

    Ms. Maria Zaman, one of the Sponsors/Directors of the company, has further reported that she has completed her sale of 1,800 shares of the company at prevailing market price through Stock Exchange as announced earlier.

  14. Mr. Nasir Uddin Ahmed, one of the Directors of the company, has further reported that he has completed his sale of 5,000

    Mr. Nasir Uddin Ahmed, one of the Directors of the company, has further reported that he has completed his sale of 5,000 shares of the company at prevailing market price through Stock Exchange as announced earlier.

  15. Mr. Sk. Shafiqul Islam, one of the Directors of the company, has further reported that he has completed his sale of 2,00

    Mr. Sk. Shafiqul Islam, one of the Directors of the company, has further reported that he has completed his sale of 2,000 shares of the company at prevailing market price through Stock Exchange as announced earlier.

  16. Mrs. Ummu Kawser Salsabil, one of the Sponsors/Directors of the company, has reported her intention to sell 2,000 shares

    Mrs. Ummu Kawser Salsabil, one of the Sponsors/Directors of the company, has reported her intention to sell 2,000 shares out of her total holdings of 24,023 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  17. Ms. Maria Zaman, one of the Sponsors/Directors of the company, has reported her intention to sell 1,800 shares out of he

    Ms. Maria Zaman, one of the Sponsors/Directors of the company, has reported her intention to sell 1,800 shares out of her total holdings of 10,771 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  18. Ms. Hasina Nizam, one of the Sponsors/Directors of the company, has further reported that she has completed her sale of

    Ms. Hasina Nizam, one of the Sponsors/Directors of the company, has further reported that she has completed her sale of total 5,000 (3,000+2,000) shares of the company at prevailing market price through Stock Exchange as announced earlier.

  19. Mrs. Hasina Nizam, one of the Sponsors/Directors of the company, has reported her intention to sell 5,000 shares out of

    Mrs. Hasina Nizam, one of the Sponsors/Directors of the company, has reported her intention to sell 5,000 shares out of her total holdings of 60,022 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  20. Mrs. Raquiba Fakhrul, one of the Sponsors/Directors of the company, has further reported that she has completed her sale

    Mrs. Raquiba Fakhrul, one of the Sponsors/Directors of the company, has further reported that she has completed her sale of 2,800 shares of the company at prevailing market price through Stock Exchange as announced earlier.

  21. Normal trading of the shares of the company will resume on 21.06.09 after Record date and there will be no price limit o

    Normal trading of the shares of the company will resume on 21.06.09 after Record date and there will be no price limit on the trading of the shares of the company for the same day.

  22. Trading of the shares of the company will remain suspended on record date i.e., 18.06.09 for AGM and EGM.

    Trading of the shares of the company will remain suspended on record date i.e., 18.06.09 for AGM and EGM.

  23. Mrs. Hasina Nizam, one of the Sponsors/Directors of the company, has reported her intention to sell 2,000 shares out of

    Mrs. Hasina Nizam, one of the Sponsors/Directors of the company, has reported her intention to sell 2,000 shares out of her total holdings of 62,022 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  24. 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 15.06.09 to 17.06.09. Trading of the shares of the company will remain suspended on record date i.e., 18.06.09 for AGM and EGM.

  25. Ms. Hasina Nizam, one of the Sponsors/Directors of the company, has reported her intention to sell 3,000 shares out of h

    Ms. Hasina Nizam, one of the Sponsors/Directors of the company, has reported her intention to sell 3,000 shares out of her total holdings of 65,022 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  26. Mr. Nasir Uddin Ahmed, one of the Directors of the company, has reported his intention to sell 5,000 shares out of his t

    Mr. Nasir Uddin Ahmed, one of the Directors of the company, has reported his intention to sell 5,000 shares out of his total holdings of 41,445 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  27. SEC has issued show cause cum hearing notice to the Company, its Directors, Managing Director and Company Secretary for

    SEC has issued show cause cum hearing notice to the Company, its Directors, Managing Director and Company Secretary for non-compliance with securities related laws in connection with audited financial statements for the year ended on December 31, 2007.

  28. Mr. Sk. Shafiqul Islam, one of the Directors of the company, has further reported that he has completed his sale of 2,00

    Mr. Sk. Shafiqul Islam, one of the Directors of the company, has further reported that he has completed his sale of 2,000 shares of the company at prevailing market price through Stock Exchange as announced earlier.

  29. Mr. Nasir Uddin Ahmed, one of the Sponsors/Directors of the company, has further reported that he has completed his sale

    Mr. Nasir Uddin Ahmed, one of the Sponsors/Directors of the company, has further reported that he has completed his sale of 5,000 shares of the company at prevailing market price through Stock Exchange as announced earlier.

  30. Mr. Md. Shah Alam, one of the Directors of the company, has further reported that he has completed his sale of 4,280 sha

    Mr. Md. Shah Alam, one of the Directors of the company, has further reported that he has completed his sale of 4,280 shares of the company at prevailing market price through Stock Exchange as announced earlier.

  31. Mr. Md. Shahjahan Golder, one of the Directors of the company, has further reported that he has completed his sale of 4,

    Mr. Md. Shahjahan Golder, one of the Directors of the company, has further reported that he has completed his sale of 4,280 shares of the company at prevailing market price through Stock Exchange as announced earlier.

  32. Mr. Sk. Shafiqul Islam, one of the Directors of the company, has reported his intention to sell 2,000 shares out of his

    Mr. Sk. Shafiqul Islam, one of the Directors of the company, has reported his intention to sell 2,000 shares out of his total holdings of 8,102 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  33. In response to a DSE query, the company has informed that Karnaphuli Insurance Company Limited & Meghna Life Insurance C

    In response to a DSE query, the company has informed that Karnaphuli Insurance Company Limited & Meghna Life Insurance Company Limited are the owner of the said land measuring 7.93 Katha at 11, Toyenbee Circular Road, Motijheel, Dhaka, out of which 5.93 Katha is owned by Meghna Life Insurance Company Limited and the rest 2 Katha is owned by Karnaphuli Insurance Company Limited. Floors will be distributed proportionately as per Memorandum of Understanding (MOU).

  34. The company has informed that the Board of Directors of the company has decided to construct "MEGHNA-KARNAPHULI BIMA BHA

    The company has informed that the Board of Directors of the company has decided to construct "MEGHNA-KARNAPHULI BIMA BHABAN", a 17-storied (2 basement + 15- storey) building in its own land situated at 11, Toyenbee Circular Road, Motijheel C/A, Dhaka-1000.

  35. Mr. Md. Shah Alam, one of the Directors of the company, has reported his intention to sell 4,280 shares out of his total

    Mr. Md. Shah Alam, one of the Directors of the company, has reported his intention to sell 4,280 shares out of his total holdings of 9,288 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  36. Mr. Md. Shahjahan Golder, one of the Directors of the company, has reported his intention to sell 4,280 shares out of hi

    Mr. Md. Shahjahan Golder, one of the Directors of the company, has reported his intention to sell 4,280 shares out of his total holdings of 9,288 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  37. Mr. Sk. Shafiqul Islam, one of the Directors of the company, has reported his intention to sell 2,000 shares out of his

    Mr. Sk. Shafiqul Islam, one of the Directors of the company, has reported his intention to sell 2,000 shares out of his total holdings of 10,102 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  38. Mr. Nasir Uddin Ahmed, one of the Sponsors/Directors of the company, has reported his intention to sell 5,000 shares out

    Mr. Nasir Uddin Ahmed, one of the Sponsors/Directors of the company, has reported his intention to sell 5,000 shares out of his total holdings of 46,445 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  39. Mrs. Raquiba Fakhrul, one of the Sponsors/Directors of the company, has reported her intention to sell 2,800 shares out

    Mrs. Raquiba Fakhrul, one of the Sponsors/Directors of the company, has reported her intention to sell 2,800 shares out of her total holdings of 27,867 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  40. There will be no price limit on the trading of the shares of the company today (18.05.09) following its corporate declar

    There will be no price limit on the trading of the shares of the company today (18.05.09) following its corporate declaration.

  41. The company has informed that the Board of Directors has decided to issue Right Share @ 1:1 (one right share against one

    The company has informed that the Board of Directors has decided to issue Right Share @ 1:1 (one right share against one existing share) at Tk. 200.00 each (including a premium of Tk. 100.00) subject to the approval of shareholders in the EGM and SEC. In this regard an EGM of the Company will be held on 16.07.09 at 11.30 a.m. at BIAM Auditorium, 63, New Eskaton, Dhaka. Record date for EGM: 18.06.09. Another Record date for determination of entitlement of the proposed Right Issue of shares will be intimated after obtaining approval from SEC.

  42. As per audited accounts as on 31.12.08, the Company has reported profit after tax of Tk. 38.84 m. with EPS of Tk. 34.85

    As per audited accounts as on 31.12.08, the Company has reported profit after tax of Tk. 38.84 m. with EPS of Tk. 34.85 as against Tk. 16.93 m. and Tk. 15.19 (restated) respectively as on 31.12.07.

  43. There will be no price limit on the trading of the shares of the company today (27.04.09) following its corporate declar

    There will be no price limit on the trading of the shares of the company today (27.04.09) following its corporate declaration.

  44. The Board of Directors has recommended stock dividend @ 20% for the year 2008. Date of AGM: 16.07.09, Time: 11.00 a.m.,

    The Board of Directors has recommended stock dividend @ 20% for the year 2008. Date of AGM: 16.07.09, Time: 11.00 a.m., Venue: BIAM Auditorium, 63, New Eskaton, Dhaka. Record Date: 18.06.09.

  45. The company has informed that a meeting of the Board of Directors of the company will be held today (26.04.09) at 4:00 p

    The company has informed that a meeting of the Board of Directors of the company will be held today (26.04.09) at 4:00 p.m. to discuss and consider Accounts for the year ended 31st December, 2008 and also to fix the date of 22nd AGM. The meeting shall also decide about declaration of dividend to shareholders as per Accounts.

  46. In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the com

    In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike.

  47. Ms. Maria Zaman, one of the Sponsors/Directors of the company, has further reported that she has completed her sale of 2

    Ms. Maria Zaman, one of the Sponsors/Directors of the company, has further reported that she has completed her sale of 2,000 shares of the company at prevailing market price through Stock Exchange as announced earlier.

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.