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 2022 (20).
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.17 for July-September, 2022 as against Tk. 0.32 for July-September, 2021; EPS was Tk. 1.26 for January-September, 2022 as against Tk. 1.12 for January-September, 2021. NOCFPS was Tk. 0.65 for January-September, 2022 as against Tk. 0.69 for January-September, 2021. NAV per share was Tk. 20.65 as on September 30, 2022 and Tk. 19.17 as on December 31, 2021.
- Alpha Credit Rating Limited (AlphaRating) has rated the Company as \"AA\" in the long term and \"ST-2\" in the short ter
Alpha Credit Rating Limited (AlphaRating) has rated the Company as \"AA\" in the long term and \"ST-2\" in the short term along with a Stable outlook based on audited financial statements of the Company as on December 31, 2021 and relevant qualitative information till October 29, 2022.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 31, 2022 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2022.
- The auditor of the Mercantile Insurance Co. Ltd. has given the \"Emphasis of Matter\" paragraphs in the auditor\'s repor
The auditor of the Mercantile Insurance Co. Ltd. has given the \"Emphasis of Matter\" paragraphs in the auditor\'s report for the year ended December 31, 2021. Emphasis of Matter: We draw attention to the following matters, though our opinion is unqualified in respect of the same: As a public interest company Mercantile Insurance Company Limited should prepare financial statement in accordance with IFRS. But Mercantile Insurance Company Limited yet to comply with IFRS 16 Lease.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.34 for April-June 2022 as against Tk. 0.07 for April-June 2021; EPS was Tk. 1.09 for January-June 2022 as against Tk. 0.79 for January-June 2021. NOCFPS was Tk. 0.73 for January-June 2022 as against Tk. 0.70 for January-June 2021. NAV per share was Tk. 21.46 as on June 30, 2022 and Tk. 19.85 as on December 31, 2021.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 27, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2022.
- Resumption after record date
Trading of the shares of the company will resume on 12.07.2022 after record date.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 07.07.2022 for EGM.
- Spot for EGM
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle from 05.07.2022 to 06.07.2022 and trading of the shares will remain suspended on record date i.e., 07.07.2022 for EGM.
- Decision to hold an EGM
The Company has informed that the Board of Directors has decided to hold an EGM for amendment of Memorandum and Articles of Association of the company as regards the change of name of the company Mercantile Islami Insurance PLC instead of Existing name Mercantile Insurance Company Limited. Date of EGM: 21.07.2022, Time: 11:00 AM, Venue: Digital Platform. Record Date for EGM: 07.07.2022.
- Revised EGM Date
The Company has further informed that the revised EGM date will be July 31, 2022 instead of July 21, 2022. Other information will remain unchanged.
- Resumption after record date
Trading of the shares of the company will resume on 18.05.2022.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 17.05.2022.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.75 for January-March 2022 as against Tk. 0.72 for January-March 2021. NOCFPS was Tk. 0.52 for January-March 2022 as against Tk. 0.57 for January-March 2021. NAV per share was Tk. 21.00 as on March 31, 2022 and Tk. 20.38 as on December 31, 2021.
- Spot News
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 12.05.2022 to 16.05.2022. Trading of the shares of the Company will remain suspended on record date i.e., 17.05.2022.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on May 11, 2022 at 2:45 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2022.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (21.04.2022) following its corporate declaration.
- Dividend Declaration
The Board of Directors has recommended 10% cash dividend for the year ended December 31, 2021. Date of AGM: 23.06.2022, Time: 11:30 AM, Venue: Digital Platform. Record Date: 17.05.2022. The Company has also reported EPS of Tk. 2.08, NAV per share of Tk. 20.38 and NOCFPS of Tk. 1.14 for the year ended December 31, 2021 as against Tk. 1.68, Tk. 19.05 and Tk. 1.08 respectively for the same period of the previous year.
- Board Meeting schedule under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 20, 2022 at 2:30 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.