DSE:MERCANBANK

Mercantile Bank PLC. announcements

766 Dhaka Stock Exchange announcements for Mercantile Bank PLC. (MERCANBANK) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2010 (72).

  1. The Bank has informed that SEC has approved the issuance of MBL non-convertible unsecured subordinated bond amounting to

    The Bank has informed that SEC has approved the issuance of MBL non-convertible unsecured subordinated bond amounting to BDT 100.00 crore. The key features of the approved subordinated and non-convertible Bond are as follows: Issue Size: BDT 100.00 crore, Minimum Subscription: BDT 1.00 crore, Tenure of the Bond: 8 years, Trustee: Eastern Bank Limited (EBL), Issue Manager: AAA Consultants & Financial Advisers Ltd., Coupon Rate: 12%, Payable semi-annually, Offering Style: Private Placement, Redemption: Bullet Payment at maturity, Transferability: Freely Transferable (subject to approval of Regulatory Authority) and Purpose: For enhancement of Tier-II Capital and business expansion of the Bank.

  2. In response to a DSE query, the Bank has informed that there is no undisclosed price sensitive information of the Bank f

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

  3. (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2010 (July'10 to Sep'10), the Ban

    (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2010 (July'10 to Sep'10), the Bank has reported net profit after tax of Tk. 406.46 million with EPS of Tk. 12.42 as against Tk. 256.40 million and Tk. 9.74 (restated) respectively for the same period of the previous year. Whereas net profit after tax was Tk. 928.17 million with EPS of Tk. 28.36 for the period of nine months (Jan'10 to Sep'10) ended on 30.09.10 as against Tk. 586.43 million and Tk. 22.27 (restated) respectively for the same period of the previous year. It is to be noted that EPS has been calculated based on weighted average number of shares outstanding.

  4. Alhaj Mosharref Hossain and Alhaj Md. Akram Hossain (Humayun), both are Sponsors/Directors of the Bank, have further rep

    Alhaj Mosharref Hossain and Alhaj Md. Akram Hossain (Humayun), both are Sponsors/Directors of the Bank, have further reported that they have completed their sale/buy of 30,000 shares each at prevailing market price through Stock Exchange as announced earlier.

  5. Alhaj Mosharref Hossain and Mr. M. Amanullah, both are Sponsors/Directors of the Bank, have further reported that they h

    Alhaj Mosharref Hossain and Mr. M. Amanullah, both are Sponsors/Directors of the Bank, have further reported that they have completed their sale/buy of 40,000 shares each at prevailing market price through Stock Exchange as announced earlier.

  6. Alhaj Mosharref Hossain, one of the Sponsors/Directors of the Bank, has reported his intention to sell total 70,000 (40,

    Alhaj Mosharref Hossain, one of the Sponsors/Directors of the Bank, has reported his intention to sell total 70,000 (40,000+30,000) shares out of his total holdings of 10,44,702 shares of the Bank while Mr. M. Amanullah and Alhaj Md. Akram Hossain (Humayun), both are Sponsors/Directors of the Bank, have reported their intention to buy 40,000 and 30,000 shares (in the Block Market) respectively at prevailing market price through Stock Exchange within next 30 working days.

  7. Mr. Subrota Narayan Roy and Mr. M.S Ahsan, both are Sponsors/Directors of the Bank, have further reported that they have

    Mr. Subrota Narayan Roy and Mr. M.S Ahsan, both are Sponsors/Directors of the Bank, have further reported that they have completed their sale/buy of 48,958 shares each at prevailing market price through Stock Exchange as announced earlier.

  8. Mrs. Rena Jalil and Mr. M.S Ahsan, both are Sponsors/Directors of the Bank, have further reported that they have complet

    Mrs. Rena Jalil and Mr. M.S Ahsan, both are Sponsors/Directors of the Bank, have further reported that they have completed their sale/buy of 12,000 shares each at prevailing market price through Stock Exchange as announced earlier.

  9. Mrs. Rena Jalil, one of the Sponsors of the Bank, has reported her intention to sell 12,000 shares out of her total hold

    Mrs. Rena Jalil, one of the Sponsors of the Bank, has reported her intention to sell 12,000 shares out of her total holdings of 1,01,960 shares while Mr. M.S Ahsan, another Sponsor/Director of the Bank, has reported his intention to buy 12,000 shares (In the Block Market) of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  10. As per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), the Bank has reported net profit after tax

    As per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), the Bank has reported net profit after tax of Tk. 521.71 million with EPS of Tk. 18.10 as against Tk. 330.02 million and Tk. 12.53 (restated) respectively for the same period of the previous year. Whereas net profit after tax was Tk. 321.03 million with EPS of Tk. 11.14 for the period of 3 months (Apr' 10 to June' 10) ended on 30.06.10 as against Tk. 130.54 million and Tk. 4.96 (restated) respectively for the same period of the previous year. It is to be noted that EPS has been calculated on basis of the weighted average shares of the Bank.

  11. Mr. Subrota Narayan Roy, one of the Sponsors of the Bank, has reported his intention to sell 48,958 shares out of his to

    Mr. Subrota Narayan Roy, one of the Sponsors of the Bank, has reported his intention to sell 48,958 shares out of his total holdings of 7,24,283 shares while Mr. M.S Ahsan, another Sponsor/Director of the Bank, has reported his intention to buy 48,958 shares (In the Block & Odd lots Market) of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  12. Mr. Md. Abdul Hannan and Mr. M. Amanullah, both are Sponsors/Directors of the Bank, have further reported that they have

    Mr. Md. Abdul Hannan and Mr. M. Amanullah, both are Sponsors/Directors of the Bank, have further reported that they have completed their sale/buy of 50,000 shares each at prevailing market price through Stock Exchange as announced earlier.

  13. Alhaj Mosharref Hossain and Mr. Md. Shahabuddin Alam, both are Sponsors/Directors of the Bank, have further reported tha

    Alhaj Mosharref Hossain and Mr. Md. Shahabuddin Alam, both are Sponsors/Directors of the Bank, have further reported that they have completed their sale/buy of 35,000 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  14. Mr. Mohd. Selim, one of the Sponsors/Directors of the Bank, has further reported that he has completed his transfer of 5

    Mr. Mohd. Selim, one of the Sponsors/Directors of the Bank, has further reported that he has completed his transfer of 50,000 shares of the Bank to his close relative (Father and Son) Mr. Md. Abdul Awal by way of gift outside the trading system of the Exchange as announced earlier.

  15. Mr. Morshed Alam, one of the Sponsors/Directors of the Bank, has further reported that he has completed his transfer of

    Mr. Morshed Alam, one of the Sponsors/Directors of the Bank, has further reported that he has completed his transfer of 42,280 shares of the Bank to his Son Mr. Firoz Alam by way of gift outside the trading system of the Exchange as announced earlier.

  16. Mr. Golam Faruk Ahmed and Mr. M. S. Ahsan, both are Sponsors/Directors of the Bank, have further reported that they have

    Mr. Golam Faruk Ahmed and Mr. M. S. Ahsan, both are Sponsors/Directors of the Bank, have further reported that they have completed their sale/buy of 50,000 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  17. Alhaj Mosharref Hossain, one of the Sponsors/Directors of the Bank, has reported his intention to sell 35,000 shares out

    Alhaj Mosharref Hossain, one of the Sponsors/Directors of the Bank, has reported his intention to sell 35,000 shares out of his total holdings of 10, 79,702 shares of the Bank while Mr. Md. Shahabuddin Alam, another Sponsor/Director of the Bank, has reported his intention to buy 35,000 shares of the Bank (In the Block Market) at prevailing market price through Stock Exchange within next 30 working days.

  18. Mr. Mohd. Selim, one of the Sponsors/Directors of the Bank, has reported his intention to transfer 50,000 shares out of

    Mr. Mohd. Selim, one of the Sponsors/Directors of the Bank, has reported his intention to transfer 50,000 shares out of his total holdings of 10,87,562 shares of the Bank to his close relative (Father and Son) Mr. Md. Abdul Awal by way of gift outside the trading system of the Exchange within next 30 working days.

  19. Mr. Morshed Alam, one of the Sponsors/Directors of the Bank, has reported his intention to transfer 42,280 shares out of

    Mr. Morshed Alam, one of the Sponsors/Directors of the Bank, has reported his intention to transfer 42,280 shares out of his total holdings of 11,77,872 shares of the Bank to his Son Mr. Firoz Alam by way of gift outside the trading system of the Exchange within next 30 working days.

  20. Ms. Khurshida Ahmed and Mr. M. Amanullah, both are Sponsors/Directors of the Bank, have further reported that they have

    Ms. Khurshida Ahmed and Mr. M. Amanullah, both are Sponsors/Directors of the Bank, have further reported that they have completed their sale/buy of 5,500 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  21. Mr. Golam Faruk Ahmed and Mr. M. Amanullah, both are Sponsors/Directors of the Bank, have further reported that they hav

    Mr. Golam Faruk Ahmed and Mr. M. Amanullah, both are Sponsors/Directors of the Bank, have further reported that they have completed their sale/buy of 19,757 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  22. Mr. Golam Faruk Ahmed, one of the Sponsors/Directors of the Bank, has reported his intention to sell 50,000 shares out o

    Mr. Golam Faruk Ahmed, one of the Sponsors/Directors of the Bank, has reported his intention to sell 50,000 shares out of his total holdings of 5,22,636 shares while Mr. M. S Ahsan, another Sponsor/Director of the Bank, has reported his intention to buy 50,000 shares (In the Block Market) of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  23. Mr. Md. Selim, one of the sponsors/Directors of the Bank, has further reported that he has completed his buy of 50,000 s

    Mr. Md. Selim, one of the sponsors/Directors of the Bank, has further reported that he has completed his buy of 50,000 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  24. Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has reported his intention to buy 19,757 shares (in the Blo

    Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has reported his intention to buy 19,757 shares (in the Block & Odd Lot Market) of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  25. Mr. Golam Faruk Ahmed, one of the Sponsors/Directors of the Bank, has reported his intention to sell 19,757 shares out o

    Mr. Golam Faruk Ahmed, one of the Sponsors/Directors of the Bank, has reported his intention to sell 19,757 shares out of his total holdings of 5,42,393 shares (in the Block & Odd Lot Market) of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  26. Ms. Khurshida Ahmed, one of the Sponsors of the Bank, has reported her intention to sell 5,500 shares out of her total h

    Ms. Khurshida Ahmed, one of the Sponsors of the Bank, has reported her intention to sell 5,500 shares out of her total holdings of 47,166 shares of the Bank while Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has reported his intention to buy 5,500 shares (in the Block Market) of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  27. Mr. Md. Selim, one of the sponsors/Directors of the Bank, has reported his intention to buy 50,000 shares (in the Block

    Mr. Md. Selim, one of the sponsors/Directors of the Bank, has reported his intention to buy 50,000 shares (in the Block Market) of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  28. Mr. M.S. Ahsan, one of the Sponsors/Directors of the Bank, has further reported that he has completed his buy of total 1

    Mr. M.S. Ahsan, one of the Sponsors/Directors of the Bank, has further reported that he has completed his buy of total 10,784 (7,200+3,584) shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  29. Dr. Toufique Rahman Chowdhury and Ms. Nazifa Khanam Chowdhury, both are Sponsors/Directors of the Bank, have further rep

    Dr. Toufique Rahman Chowdhury and Ms. Nazifa Khanam Chowdhury, both are Sponsors/Directors of the Bank, have further reported that they have completed their sale of 7,200 and 3,584 shares respectively at prevailing market price through Stock Exchange as announced earlier.

  30. Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has further reported that he has completed his sale of 28,7

    Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has further reported that he has completed his sale of 28,729 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  31. Dr. Toufique Rahman Chowdhury and Ms. Nazifa Khanam Chowdhury, both are Sponsors/Directors of the Bank, has reported the

    Dr. Toufique Rahman Chowdhury and Ms. Nazifa Khanam Chowdhury, both are Sponsors/Directors of the Bank, has reported their intention to sell 7,200 and 3,584 shares out of their total holdings of 1,13,200 and 13,584 shares respectively while Mr. M. S Ahsan, another Sponsor/Director of the Bank, has reported his intention to buy total 10,784 (7,200+3,584) shares of the Bank (In the Block & Odd Lot Market) at prevailing market price through Stock Exchange within next 30 working days.

  32. Alhaj Mosharref Hossain and Md. Shahabuddin Alam, both are Sponsors/Directors of the Bank, have further reported that th

    Alhaj Mosharref Hossain and Md. Shahabuddin Alam, both are Sponsors/Directors of the Bank, have further reported that they have completed their sale/buy of 65,000 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  33. Alhaj Mosharref Hossain, one of the Sponsors/Directors of the Bank, has reported his intention to sell 65,000 shares out

    Alhaj Mosharref Hossain, one of the Sponsors/Directors of the Bank, has reported his intention to sell 65,000 shares out of his total holdings of 11, 44,702 shares of the Bank while Mr. Md. Shahabuddin Alam, one of the Sponsors/Directors of the Bank, has reported his intention to buy 65,000 shares of the Bank (In the Block Market) at prevailing market price through Stock Exchange within next 30 working days.

  34. Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has reported his intention to sell 28,729 shares out of his

    Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has reported his intention to sell 28,729 shares out of his total holdings of 24,53,472 shares of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  35. Ms. Sultana Ferdausi Begum and Mr. M. Amanullah, both are Sponsors/Directors of the Bank, have further reported that the

    Ms. Sultana Ferdausi Begum and Mr. M. Amanullah, both are Sponsors/Directors of the Bank, have further reported that they have completed their sale/buy of 13,472 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  36. The Bank has informed that it has credited the Right shares to the respective shareholders' BO Accounts on 20.05.10.

    The Bank has informed that it has credited the Right shares to the respective shareholders' BO Accounts on 20.05.10.

  37. Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has further reported that he has completed his sale of 60,0

    Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has further reported that he has completed his sale of 60,000 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  38. Ms. Sultana Ferdausi Begum and Mr. M. Amanullah, both are Sponsors/Directors of the Bank, have reported their intention

    Ms. Sultana Ferdausi Begum and Mr. M. Amanullah, both are Sponsors/Directors of the Bank, have reported their intention to sell 13,472 shares each out of their total holdings of 65,880 and 13,64,692 shares respectively (in the Block & Odd Lots Market) at prevailing market price through Stock Exchange within next 30 working days.

  39. In response to a DSE query dated 18.05.10, the Bank has informed that there is no undisclosed price sensitive informatio

    In response to a DSE query dated 18.05.10, the Bank has informed that there is no undisclosed price sensitive information of the Bank for recent unusual price hike.

  40. Ms. Lenore Katherine Khan and Mr. M.S. Ahsan, both are Sponsors/Directors of the Bank, have further reported that they h

    Ms. Lenore Katherine Khan and Mr. M.S. Ahsan, both are Sponsors/Directors of the Bank, have further reported that they have completed their sale/buy of 18,353 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  41. Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has reported his intention to sell 60,000 shares out of his

    Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has reported his intention to sell 60,000 shares out of his total holdings of 14,32,488 shares (in the Block Market/Public Market) of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  42. As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2010 (Jan'10 to Mar'10), the Bank has repor

    As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2010 (Jan'10 to Mar'10), the Bank has reported net profit after tax of Tk. 200.68 million with basic EPS of Tk. 9.30 as against Tk. 199.48 million and Tk. 9.24 (restated) respectively for the same period of the previous year. However, considering bonus share @ 22% for the year 2009, diluted EPS is Tk. 7.62 as on 31.03.10 and Tk. 7.58 (restated) as on 31.03.09.

  43. The Credit Rating Information and Services Limited (CRISL) has rated the Bank as "AA-" in the long term and "ST-2" in th

    The Credit Rating Information and Services Limited (CRISL) has rated the Bank as "AA-" in the long term and "ST-2" in the short term based on financial statements of the Bank up to December 2009 and other relevant quantitative as well as qualitative information up to date of rating declaration.

  44. Ms. Lenore Katherine Khan, one of the Sponsors of the Bank, has reported her intention to sell 18,353 shares out of her

    Ms. Lenore Katherine Khan, one of the Sponsors of the Bank, has reported her intention to sell 18,353 shares out of her total holdings of 22,390 shares of the Bank while Mr. M.S. Ahsan, another Sponsor/Director of the Bank, has reported his intention to buy 18,353 shares of the Bank (In the Block & Odd Lot Market) at prevailing market price through Stock Exchange within next 30 working days.

  45. Mr. Md. Shahabuddin Alam, one of the Sponsors/Directors of the Bank, has further reported that he has completed his buy

    Mr. Md. Shahabuddin Alam, one of the Sponsors/Directors of the Bank, has further reported that he has completed his buy of 2,20,000 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  46. Mr. M.S. Ahsan, one of the Sponsors/Directors of the Bank, has further reported that he has completed his buy of 2,00,00

    Mr. M.S. Ahsan, one of the Sponsors/Directors of the Bank, has further reported that he has completed his buy of 2,00,000 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  47. Mr. Md. Tabibul Huq, Mr. Subrota Narayan Roy, Mr. Md. Abdul Hannan, Mr. Golam Faruk Ahmed and Mr. A. K. M. Shaheed Reza,

    Mr. Md. Tabibul Huq, Mr. Subrota Narayan Roy, Mr. Md. Abdul Hannan, Mr. Golam Faruk Ahmed and Mr. A. K. M. Shaheed Reza, all are Sponsors/Directors of the Bank, have further reported that they have completed their sale of 1,00,000, 50,000, 2,00,000, 50,000 and 20,000 shares respectively at prevailing market price through Stock Exchange as announced earlier.

  48. Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has further reported that he has completed his sale of 1,03

    Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has further reported that he has completed his sale of 1,03,512 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  49. Mr. Golam Faruk Ahmed, Mr. A. K. M. Shaheed Reza, Mr. Subroto Narayan Roy and Mr. Md. Tabibul Huq, all are Sponsors/Dire

    Mr. Golam Faruk Ahmed, Mr. A. K. M. Shaheed Reza, Mr. Subroto Narayan Roy and Mr. Md. Tabibul Huq, all are Sponsors/Directors of the Bank, have reported their intention to sell 50,000, 20,000, 50,000 and 1,00,000 shares (in the Block Market) out of their total holdings of 3,83,067, 1,11,265, 5,00,685 and 5,37,397 shares respectively at prevailing market price through Stock Exchange within next 30 working days.

  50. Mr. Md. Shahabuddin Alam, one of the Sponsors/Directors of the Bank, has reported his intention to buy total 2,20,000 sh

    Mr. Md. Shahabuddin Alam, one of the Sponsors/Directors of the Bank, has reported his intention to buy total 2,20,000 shares (in the Block Market) of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  51. Mr. Md. Abdul Hannan, one of the Sponsors/Directors of the Bank, has reported his intention to sell 2,00,000 shares out

    Mr. Md. Abdul Hannan, one of the Sponsors/Directors of the Bank, has reported his intention to sell 2,00,000 shares out of his total holdings of 8,41,800 shares (in the Block Market) of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  52. Mr. M.S Ahsan, one of the Sponsors/Directors of the Bank, has reported his intention to buy 2,00,000 shares (in the Bloc

    Mr. M.S Ahsan, one of the Sponsors/Directors of the Bank, has reported his intention to buy 2,00,000 shares (in the Block Market) of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  53. Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has reported his intention to sell 1,03,512 shares out of h

    Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has reported his intention to sell 1,03,512 shares out of his total holdings of 15,36,000 shares of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  54. Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has further reported that he has completed his sale of 50,0

    Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has further reported that he has completed his sale of 50,000 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  55. Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has reported his intention to sell 50,000 shares out of his

    Mr. M. Amanullah, one of the Sponsors/Directors of the Bank, has reported his intention to sell 50,000 shares out of his total holdings of 15,86,000 shares (in the Block Market) of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  56. The Bank has informed that it has credited the stock dividend for the year 2009 to the respective shareholders' BO Accou

    The Bank has informed that it has credited the stock dividend for the year 2009 to the respective shareholders' BO Accounts on 12.04.10.

  57. Mr. Md. Selim, one of the sponsors of the Bank, has further reported that he has completed his sale of 50,000 shares of

    Mr. Md. Selim, one of the sponsors of the Bank, has further reported that he has completed his sale of 50,000 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  58. Normal trading of the shares of the Bank will resume on 08.03.10 after record date.

    Normal trading of the shares of the Bank will resume on 08.03.10 after record date.

  59. Trading of the shares of the Bank will remain suspended on record date i.e. 07.03.2010.

    Trading of the shares of the Bank will remain suspended on record date i.e. 07.03.2010.

  60. Trading of the shares of the Bank will be allowed only in the Spot Market and Block/Odd lot transactions will also be se

    Trading of the shares of the Bank 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 02.03.10 to 04.03.10. Trading of the shares of the Bank will remain suspended on record date i.e., 07.03.10.

  61. Normal trading of the shares of the Bank will resume on 01.03.10 after record date for entitlement of Rights Share.

    Normal trading of the shares of the Bank will resume on 01.03.10 after record date for entitlement of Rights Share.

  62. Trading of the shares of the Bank will remain suspended on record date i.e. 28.02.2010 for entitlement of Rights Share.

    Trading of the shares of the Bank will remain suspended on record date i.e. 28.02.2010 for entitlement of Rights Share.

  63. Mrs. Bilkis Begum, one of the Sponsors/Directors of the Bank, has further reported that she has completed her sale of 8,

    Mrs. Bilkis Begum, one of the Sponsors/Directors of the Bank, has further reported that she has completed her sale of 8,000 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  64. Trading of the shares of the Bank will be allowed only in the Spot Market and Block/Odd lot transactions will also be se

    Trading of the shares of the Bank will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with the entitlement of Right Shares from 23.02.10 to 25.02.10. Trading of the shares of the Bank will remain suspended on record date i.e., 28.02.10.

  65. Mrs. Bilkis Begum, one of the Sponsors/Directors of the Bank, has reported her intention to sell 8,000 shares out of her

    Mrs. Bilkis Begum, one of the Sponsors/Directors of the Bank, has reported her intention to sell 8,000 shares out of her total holdings of 1,34,615 shares of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  66. Mr. Md. Selim, one of the sponsors of the Bank , has reported his intention to sell 50,000 shares out of his total holdi

    Mr. Md. Selim, one of the sponsors of the Bank , has reported his intention to sell 50,000 shares out of his total holdings of 5,99,945 shares (in the Block Market) of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  67. There will be no price limit on the trading of the shares of the Bank today (15.02.2010) following its corporate declara

    There will be no price limit on the trading of the shares of the Bank today (15.02.2010) following its corporate declaration.

  68. The Board of Directors has recommended stock dividend @ 22% for the year 2009. Date of AGM: 29.03.2010, Time: 11.30 a.m.

    The Board of Directors has recommended stock dividend @ 22% for the year 2009. Date of AGM: 29.03.2010, Time: 11.30 a.m., Venue: Winter Garden, Dhaka Sheraton Hotel. Record Date: 07.03.2010. The Bank has also reported net profit after tax of Tk. 807.52 million, Earning Per Share (EPS) of Tk. 37.41, Net Asset Value (NAV) per share of Tk. 199.05 and Net Operating Cash Flow per share of Tk. 361.19 for the year ended on 31.12.2009 as against Tk. 615.88 million, Tk. 28.52, Tk. 192.92 and Tk. 100.21 respectively as on 31.12.2008.

  69. The Bank has informed that a meeting of the Board of Directors of the Bank will be held on February 14, 2010 at 3:15 p.m

    The Bank has informed that a meeting of the Board of Directors of the Bank will be held on February 14, 2010 at 3:15 p.m. for consideration of Annual Accounts for the year ended on 31.12.2009 and appropriation for the same period along with other agenda in the meeting.

  70. The Company has further informed that subscription period for right issue will be from 24.03.2010 to 19.04.2010. Record

    The Company has further informed that subscription period for right issue will be from 24.03.2010 to 19.04.2010. Record date for entitlement of rights share: 28.02.2010.

  71. SEC has approved the Right Issue of Mercantile Bank Ltd. for 1,43,89,423 Ordinary Shares of Tk. 100.00 each at par total

    SEC has approved the Right Issue of Mercantile Bank Ltd. for 1,43,89,423 Ordinary Shares of Tk. 100.00 each at par totalling Tk. 143,89,42,300.00 only at a ratio of 2:3 i.e. two Rights Shares for three existing shares. The approval has been accorded subject to the condition that the company shall comply with the requirements embodied in the Securities and Exchange Commission (Rights Issue) Rules, 2006 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.

  72. The Bank has informed that the Board of Directors of the Bank has decided to form a separate subsidiary company for Brok

    The Bank has informed that the Board of Directors of the Bank has decided to form a separate subsidiary company for Brokerage House Operation in the name and style of 'Mercantile Bank Securities Limited'.

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