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 2011 (46).

  1. Following the change of denomination, normal trading of the shares of the Company will resume on 04.12.2011 after record

    Following the change of denomination, normal trading of the shares of the Company will resume on 04.12.2011 after record date with new face value of Tk. 10.00 per share, market lot of 500 shares and adjusted open price of Tk. 41.20 per share.

  2. Normal trading of the shares of the Company will resume on 23.10.11 after record date for EGM.

    Normal trading of the shares of the Company will resume on 23.10.11 after record date for EGM.

  3. Trading of the shares of the Company will remain suspended on record date i.e., 20.10.11 for EGM.

    Trading of the shares of the Company will remain suspended on record date i.e., 20.10.11 for EGM.

  4. 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 from 17.10.11 to 19.10.11. Trading of the shares of the Company will remain suspended on record date i.e., 20.10.11 for EGM.

  5. (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2011 (July'11 to Sep'11), the Com

    (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2011 (July'11 to Sep'11), the Company has reported net profit after tax of Tk. 11.38 million with EPS of Tk. 3.25 as against Tk. 13.10 million and Tk. 7.09 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 38.35 million with EPS of Tk. 14.35 for the period of nine months (Jan'11 to Sep'11) ended on 30.09.11 as against Tk. 32.10 million and Tk. 17.37 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.

  6. The Company has informed that in compliance with SEC's Order dated 15.09.2011, the Board of Directors of the Company has

    The Company has informed that in compliance with SEC's Order dated 15.09.2011, the Board of Directors of the Company has decided to convert the face value of shares from Tk. 100.00 to Tk. 10.00 each. Date of EGM: 23.11.2011 Time: 10:00 AM, Venue: Institution of Diploma Engineers, Bangladesh, Seminar Hall, 160/A Kakrail VIP Road, Dhaka. Record date for EGM: 20.10.2011.

  7. The Credit Rating Agency of Bangladesh Limited (CRAB) has rated the Company as A3 in the long term and ST-3 in the short

    The Credit Rating Agency of Bangladesh Limited (CRAB) has rated the Company as A3 in the long term and ST-3 in the short term based on audited financial statements of the Company up to 31st December, 2010 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

  8. Mrs. Suraya Karim Muuny, one of the Sponsors/Directors of the Company, has reported her intention to sell 34,000 shares

    Mrs. Suraya Karim Muuny, one of the Sponsors/Directors of the Company, has reported her intention to sell 34,000 shares out of her total holdings of 84,000 shares of the Company at prevailing market price through Stock Exchange within 31st October 2011.

  9. - Mr. M. Kamal Uddin and...

    Mr. M. Kamal Uddin and Mrs. Suraya Karim Munny, both are Sponsors/Directors of the Company, have further reported that they have completed their sale of 78,400 and 9,280 shares respectively at prevailing market price through Stock Exchange as announced earlier.

  10. Mr. M. Kamal Uddin and Mrs. Suraya Karim Munny, both are Sponsors/Directors of the Company, have further reported that t

    Mr. M. Kamal Uddin and Mrs. Suraya Karim Munny, both are Sponsors/Directors of the Company, have further reported that they have completed their sale of 78,400 and 9,280 shares respectively at prevailing market price through Stock Exchange as announced earlier.

  11. Mr. M. Kamal Uddin, one of the Sponsors/Directors of the Company, has reported his intention to sell 78,400 shares out o

    Mr. M. Kamal Uddin, one of the Sponsors/Directors of the Company, has reported his intention to sell 78,400 shares out of his total holdings of 1,48,400 shares (In the Block Market) of the Company at prevailing market price through Stock Exchange within next 30 working days.

  12. Mr. Mohammad Ali Asghar, one of the Sponsors/Directors of the Company, has reported his intention to sell 12,320 shares

    Mr. Mohammad Ali Asghar, one of the Sponsors/Directors of the Company, has reported his intention to sell 12,320 shares out of his total holdings of 23,320 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

  13. Mrs. Suraya Karim Munny, one of the Sponsors/Directors of the Company, has reported her intention to sell 9,280 shares o

    Mrs. Suraya Karim Munny, one of the Sponsors/Directors of the Company, has reported her intention to sell 9,280 shares out of her total holdings of 93,280 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

  14. Ms. Farhana Islam Sonia, one of the Sponsors/Directors of the Company, has further reported that she has completed her s

    Ms. Farhana Islam Sonia, one of the Sponsors/Directors of the Company, has further reported that she has completed her sale of 1,550 shares of the Company at prevailing market price through Stock Exchange as announced earlier.

  15. Mr. Abdul Haque, Hazi Abdur Rahman, Mr. Syed Noor Alam and Dr. Md. Mizanur Rahman , all are Sponsors/Directors of the Co

    Mr. Abdul Haque, Hazi Abdur Rahman, Mr. Syed Noor Alam and Dr. Md. Mizanur Rahman , all are Sponsors/Directors of the Company, have further reported that they have completed their sale of 7,200 shares, 7,200 shares, 2,320 shares and 9,280 shares respectively at prevailing market price through Stock Exchange as announced earlier.

  16. (H/Y): As per un-audited half yearly accounts as on 30.06.11 (Jan' 11 to June' 11), the company has reported profit afte

    (H/Y): As per un-audited half yearly accounts as on 30.06.11 (Jan' 11 to June' 11), the company has reported profit after tax of Tk. 35.06 million with EPS of Tk. 15.51 as against Tk. 23.18 million and Tk. 12.54 respectively for the same period of the previous year. Whereas profit after tax was Tk. 20.30 million with EPS of Tk. 7.59 for the period of 3 months (Apr' 11 to June' 11) ended on 30.06.11 as against Tk. 16.75 million and Tk. 9.06 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 number of shares of the company.

  17. Al-haj Mohammed Hossain and Al-Haj Md. Abdul Mannan Mazumder, both are Sponsors/Directors of the Company, have further r

    Al-haj Mohammed Hossain and Al-Haj Md. Abdul Mannan Mazumder, both are Sponsors/Directors of the Company, have further reported that they have completed their sale of 3,300 and 3,960 shares respectively at prevailing market price through Stock Exchange as announced earlier.

  18. Ms. Farhana Islam Sonia, one of the Sponsors/Directors of the Company, has reported her intention to sell 1,550 shares o

    Ms. Farhana Islam Sonia, one of the Sponsors/Directors of the Company, has reported her intention to sell 1,550 shares out of her total holdings of 27,909 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

  19. 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.

  20. Mr. Syed Noor Alam, one of the Sponsors/Directors of the Company, has reported his intention to sell 2,320 shares out of

    Mr. Syed Noor Alam, one of the Sponsors/Directors of the Company, has reported his intention to sell 2,320 shares out of his total holdings of 23,320 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

  21. Dr. Md. Mizanur Rahman, one of the Sponsors/Directors of the Company, has reported his intention to sell 9,280 shares ou

    Dr. Md. Mizanur Rahman, one of the Sponsors/Directors of the Company, has reported his intention to sell 9,280 shares out of his total holdings of 93,280 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

  22. Mr. Abdul Haque and Hazi Abdur Rahman, both are Sponsors/Directors of the Company, have further reported that they have

    Mr. Abdul Haque and Hazi Abdur Rahman, both are Sponsors/Directors of the Company, have further reported that they have completed their sale of 60,000 shares each at prevailing market price through Stock Exchange as announced earlier.

  23. Hazi Abdur Rahman, one of the Sponsors/Directors of the Company, has reported his intention to sell 7,200 shares out of

    Hazi Abdur Rahman, one of the Sponsors/Directors of the Company, has reported his intention to sell 7,200 shares out of his total holdings of 67,200 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

  24. Mr. Abdul Haque, one of the Sponsors/Directors of the Company, has reported his intention to sell 7,200 shares out of hi

    Mr. Abdul Haque, one of the Sponsors/Directors of the Company, has reported his intention to sell 7,200 shares out of his total holdings of 67,200 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

  25. Al-haj Mohammed Hossain and Al-Haj Md. Abdul Mannan Mazumder, both are Sponsors/Directors of the Company, have reported

    Al-haj Mohammed Hossain and Al-Haj Md. Abdul Mannan Mazumder, both are Sponsors/Directors of the Company, have reported their intention to sell 3,300 and 3,960 shares out of their total holdings of 55,800 and 66,960 shares respectively at prevailing market price through Stock Exchange within next 30 working days.

  26. The Company has informed that it has credited the Bonus shares for the year 2010 to the respective shareholders' BO Acco

    The Company has informed that it has credited the Bonus shares for the year 2010 to the respective shareholders' BO Accounts on 13.07.11.

  27. Hazi Abdur Rahman, one of the Sponsors/Directors of the Company, has reported his intention to sell 60,000 shares out of

    Hazi Abdur Rahman, one of the Sponsors/Directors of the Company, has reported his intention to sell 60,000 shares out of his total holdings of 1,20,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

  28. - Disclosure

    The Company has informed that the Board of Directors of the company has unanimously elected Mr. Abdul Haque as Chairman and Mr. Md. Nabiullah as Vice-Chairman of the Company.

  29. The Company has informed that the Board of Directors of the company has unanimously elected Mr. Abdul Haque as Chairman

    The Company has informed that the Board of Directors of the company has unanimously elected Mr. Abdul Haque as Chairman and Mr. Md. Nabiullah as Vice-Chairman of the Company.

  30. Mr. Abdul Haque, one of the Sponsors/Directors of the Company, has reported his intention to sell 60,000 shares out of h

    Mr. Abdul Haque, one of the Sponsors/Directors of the Company, has reported his intention to sell 60,000 shares out of his total holdings of 1,20,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

  31. The Company has informed that it has credited the Rights shares to the respective shareholders' BO Accounts on 14.06.11.

    The Company has informed that it has credited the Rights shares to the respective shareholders' BO Accounts on 14.06.11.

  32. Al-Haj Abdul Mannan Mazumder and Al-Haj Mohammed Hossain, both are Sponsors/Directors of the Company, have further repor

    Al-Haj Abdul Mannan Mazumder and Al-Haj Mohammed Hossain, both are Sponsors/Directors of the Company, have further reported that they have completed their sale of 3,000 and 2,500 shares respectively at prevailing market price through Stock Exchange as announced earlier.

  33. Al-Haj Abdul Mannan Mazumder, one of the Sponsors/Directors of the Company, has reported his intention to sell 3,000 sha

    Al-Haj Abdul Mannan Mazumder, one of the Sponsors/Directors of the Company, has reported his intention to sell 3,000 shares (Bonus Shares) out of his total holdings of 33,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

  34. Al-Haj Mohammed Hossain, one of the Sponsors/Directors of the Company, has reported his intention to sell 2,500 shares (

    Al-Haj Mohammed Hossain, one of the Sponsors/Directors of the Company, has reported his intention to sell 2,500 shares (Bonus Shares) out of his total holdings of 27,500 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

  35. (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2011 (Jan'11 to March'11), the Compan

    (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2011 (Jan'11 to March'11), the Company has reported net profit after tax of Tk. 14.70 million with basic EPS of Tk. 8.90 as against Tk. 14.30 million and Tk. 8.67 respectively for the same period of the previous year. However, considering proposed bonus share @ 12% for the year 2010, restated EPS will be Tk. 7.95 as on 31.03.2011 and Tk. 7.74 as on 31.03.2010.

  36. Normal trading of the shares of the company will resume on 28.04.11 after record date.

    Normal trading of the shares of the company will resume on 28.04.11 after record date.

  37. Trading of the shares of the company will remain suspended on record date i.e., 27.04.11.

    Trading of the shares of the company will remain suspended on record date i.e., 27.04.11.

  38. 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 24.04.11 to 26.04.11. Trading of the shares of the company will remain suspended on record date i.e., 27.04.11.

  39. There will be no price limit on the trading of the shares of the Company today (17.04.11) following its corporate declar

    There will be no price limit on the trading of the shares of the Company today (17.04.11) following its corporate declaration.

  40. The Board of Directors has recommended stock dividend @ 12% for the year ended on December 31, 2010. Date of AGM: 27.06.

    The Board of Directors has recommended stock dividend @ 12% for the year ended on December 31, 2010. Date of AGM: 27.06.2011, Time: 11:00 AM, Venue: "Bangladesh Institute of Administration and Management (BIAM) Foundation", Shaheed A.K.M. Shamsul Haque Khan Memorial (Auditorium) Hall, 63, New Eskaton, Dhaka-1000. Record Date: 27.04.2011. The company has also reported EPS of Tk. 20.69, NAV per share of Tk. 160.69 and NOCFPS of Tk. 23.14 for the year ended on December 31, 2010.

  41. Normal trading of the shares of the company will resume on 13.04.11 after record date for entitlement of rights shares.

    Normal trading of the shares of the company will resume on 13.04.11 after record date for entitlement of rights shares.

  42. Trading of the shares of the company will remain suspended on record date i.e., 12.04.11 for entitlement of rights share

    Trading of the shares of the company will remain suspended on record date i.e., 12.04.11 for entitlement of rights shares.

  43. As per regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of Board of Directors of the Co

    As per regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of Board of Directors of the Company will be held on April 14, 2011 at 11:00 a.m. to consider, among others, audited financial statements of the Company for the year ended on December 31, 2010.

  44. 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 the entitlement of rights share from 07.04.11 to 11.04.11. Trading of the shares of the company will remain suspended on record date i.e., 12.04.11.

  45. The company has further informed that the subscription period for rights issue will be from 28.04.2011 to 16.05.2011. Re

    The company has further informed that the subscription period for rights issue will be from 28.04.2011 to 16.05.2011. Record date for entitlement of rights share: 12.04.2011. The purpose of raising fund through rights shares is to strengthen the company's capital base and to amplify business expansion.

  46. SEC has approved the Rights offer of Mercantile Insurance Company Ltd. for 16,50,000 ordinary shares of Tk. 100.00 each

    SEC has approved the Rights offer of Mercantile Insurance Company Ltd. for 16,50,000 ordinary shares of Tk. 100.00 each at an issue price of Tk. 150.00 per share (including a premium of Tk. 50.00 each) totaling Tk. 24,75,00,000.00 only at a ratio of 1R: 1, i.e. one Rights share for one existing share. 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.

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