DSE:MERCINS

Mercantile Islami Insurance PLC announcements

340 Dhaka Stock Exchange announcements for Mercantile Islami Insurance PLC (MERCINS) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2010 (23).

  1. 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.

  2. Mr. M. Kamal Uddin, Ms. Afroza Sultana, both are Sponsors/Directors of the company, have further reported that they have

    Mr. M. Kamal Uddin, Ms. Afroza Sultana, both are Sponsors/Directors of the company, have further reported that they have completed their sale of 7,000 and 3,000 shares respectively at prevailing market price through Stock Exchange as announced earlier.

  3. Hazi Abdur Rahman, Ms. Hasin Sultana, Ms. Farhana Islam Sonia and Mr. Abdul Haque, all are Sponsors/Directors of the com

    Hazi Abdur Rahman, Ms. Hasin Sultana, Ms. Farhana Islam Sonia and Mr. Abdul Haque, all are Sponsors/Directors of the company, have further reported that they have completed their sale of 6,000 shares, 500 shares, 1,300 shares and 6,000 shares respectively at prevailing market price through Stock Exchange as announced earlier.

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

    (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2010 (July'10 to Sep'10), the Company has reported net profit after tax of Tk. 13.10 million with EPS of Tk. 7.94 as against Tk. 10.07 million and Tk. 6.10 (restated) respectively for the same period of the previous year. Whereas net profit after tax was Tk. 32.10 million with EPS of Tk. 19.45 for the period of nine months (Jan'10 to Sep'10) ended on 30.09.10 as against Tk. 22.81 million and Tk. 13.82 (restated) respectively for the same period of the previous year.

  5. Mr. M. Kamal Uddin, Ms. Afroza Sultana, Ms. Farhana Islam Sonia and Ms. Hasin Sultana, all are Sponsors/Directors of the

    Mr. M. Kamal Uddin, Ms. Afroza Sultana, Ms. Farhana Islam Sonia and Ms. Hasin Sultana, all are Sponsors/Directors of the company, have reported their intention to sell 7,000 shares, 3,000 shares, 1,300 shares and 500 shares (Bonus Shares) out of their total holdings of 77,000 shares, 33,000 shares, 14,465 and 5,500 shares respectively at prevailing market price through Stock Exchange within 31st October 2010.

  6. Mr. Abdul Haque, one of the Sponsors/Directors of the company, has reported his intention to sell 6,000 shares out of hi

    Mr. Abdul Haque, one of the Sponsors/Directors of the company, has reported his intention to sell 6,000 shares out of his total holdings of 66,000 shares of the company at prevailing market price through Stock Exchange within 31st October 2010.

  7. Hazi Abdur Rahman, one of the Sponsors/Directors of the company, has reported his intention to sell 6,000 shares out of

    Hazi Abdur Rahman, one of the Sponsors/Directors of the company, has reported his intention to sell 6,000 shares out of his total holdings of 66,000 shares of the company at prevailing market price through Stock Exchange within 31st October 2010.

  8. The company has further informed that it has obtained 'No Objection' from the Chief Controller of Insurance to increase

    The company has further informed that it has obtained 'No Objection' from the Chief Controller of Insurance to increase Authorized Capital of the company from Tk. 30.00 crore to Tk. 100.00 crore.

  9. In response to a DSE query dated 24.08.10, the company has informed that there is no undisclosed price sensitive informa

    In response to a DSE query dated 24.08.10, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike.

  10. As per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), the company has reported net profit after t

    As per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), the company has reported net profit after tax of Tk. 23.18 million with EPS of Tk. 14.05 as against Tk. 18.00 million and Tk. 10.91 (restated) respectively for the same period of the previous year. Whereas net profit after tax was Tk. 16.75 million with EPS of Tk. 10.15 for the period of 3 months (Apr' 10 to June' 10) ended on 30.06.10 as against Tk. 14.20 million and Tk. 8.61 (restated) respectively for the same period of the previous year.

  11. The company has informed that it has credited the stock dividend for the year 2009 to the respective shareholders' BO Ac

    The company has informed that it has credited the stock dividend for the year 2009 to the respective shareholders' BO Accounts on 13.07.10.

  12. The company has informed that Al-haj Mohammed Solaiman has been elected as Chairman and Mr. Mahtabuddin Chowdhury, Mr. M

    The company has informed that Al-haj Mohammed Solaiman has been elected as Chairman and Mr. Mahtabuddin Chowdhury, Mr. Md. Nabiullah and Al-haj Md. Nurul Amin (re-elected) as Vice-Chairmen of the company.

  13. Mr. Wahid IBN Reza, one of the Directors of the company, has reported his intention to sell 9,000 shares out of his tota

    Mr. Wahid IBN Reza, one of the Directors of the company, has reported his intention to sell 9,000 shares out of his total holdings of 9,500 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  14. The company has further informed that the 1st EGM and 14th AGM of the company will now be held on 28.06.10 instead of 01

    The company has further informed that the 1st EGM and 14th AGM of the company will now be held on 28.06.10 instead of 01.07.10 at 10:00 a.m. and 11:00 a.m. respectively at BIAM Auditorium, 63, New Eskaton, Dhaka. Other information of the AGM and EGM as announced earlier.

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

    As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2010 (Jan'10 to Mar'10), the company has reported profit after tax of Tk. 14.30 million with basic EPS of Tk. 9.53 as against Tk. 10.10 million and Tk. 6.73 respectively for the same period of the previous year. However, considering proposed bonus share @ 10% for the year 2009, diluted EPS will be Tk. 8.67 as on 31.03.10 and Tk. 6.12 (restated) as on 31.03.09.

  16. Normal trading of the shares of the company will resume on 16.05.10 after record date for AGM and EGM. Another record da

    Normal trading of the shares of the company will resume on 16.05.10 after record date for AGM and EGM. Another record date for entitlement of the proposed rights share to be notified later after obtaining approval from SEC.

  17. Trading of the shares of the company will remain suspended on record date i.e. 13.05.10 for AGM and EGM. Another record

    Trading of the shares of the company will remain suspended on record date i.e. 13.05.10 for AGM and EGM. Another record date for entitlement of the proposed rights share to be notified later after obtaining approval from SEC.

  18. 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 10.05.10 to 12.05.10. Trading of the shares of the company will remain suspended on record date i.e. 13.05.10 for AGM and EGM. Another record date for entitlement of the proposed rights share to be notified later after obtaining approval from SEC.

  19. There will be no price limit on the trading of the shares of the company today (04.05.10) following its corporate declar

    There will be no price limit on the trading of the shares of the company today (04.05.10) following its corporate declaration.

  20. (continuation of news of MERCINS): Date of EGM and AGM: 01.07.10, Time of EGM and AGM: 10:00 AM and 11:00 AM respectivel

    (continuation of news of MERCINS): Date of EGM and AGM: 01.07.10, Time of EGM and AGM: 10:00 AM and 11:00 AM respectively. Record date for EGM and AGM: 13.05.10. Another record date for entitlement of the proposed rights share to be notified later after obtaining approval from SEC. Venue of the EGM and AGM to be notified later. The company has also reported EPS of Tk. 18.05, Net Asset Value per share of Tk. 153.99 and Net Operating Cash Flow per share of Tk. 22.14 for the year ended on 31.12.09.

    The first part of this announcement is missing from the archive.
  21. The Board of Directors has recommended stock dividend @ 10% for the year 2009. The Board of Directors has also recommend

    The Board of Directors has recommended stock dividend @ 10% for the year 2009. The Board of Directors has also recommended for raising paid up capital by issuing rights share @ 1R: 1 (i.e. one right share for every one existing share) at an issue price of Tk. 150.00 each (including a premium of Tk. 50.00 per share) on paid up capital after considering the stock dividend for the year ended 2009 subject to the approval of the shareholders in the EGM and Regulatory Authorities. The Board has also recommended to increase Authorized Capital of the company from Tk. 30.00 crore to Tk. 100.00 crore subject to the approval of the shareholders in the EGM and Regulatory Authorities. (continue)

  22. 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.

  23. Credit Rating Information and Services Ltd. (CRISL) has informed that the Rating Committee of CRISL has announced the CP

    Credit Rating Information and Services Ltd. (CRISL) has informed that the Rating Committee of CRISL has announced the CPA (Claim Paying Ability) Rating of Mercantile Insurance Company Limited as "BBB+" based on audited financial statements of the company for the year ended December 31, 2007.

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