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 2024 (17).
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.15 for July-September, 2024 as against Tk. 0.10 for July-September, 2023; EPS was Tk. 0.70 for January-September, 2024 as against Tk. 1.05 for January-September, 2023. NOCFPS was Tk. 0.14 for January-September, 2024 as against Tk. 0.55 for January-September, 2023. NAV per share was Tk. 19.48 as on September 30, 2024 and Tk. 19.75 as on December 31, 2023.
- 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, 2024 at 2:45 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- Credit Rating Result
Alpha Credit Rating Limited (Alpha Rating) has assigned the Surveillance rating of the Company as "AA" in the long term and "ST-2" in the short term along with Stable outlook based on the audited financial statement up to December 31, 2023 and relevant qualitative information till October 21, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2023 to the respective shareholders.
- Regarding non-submission of Dividend Distribution Compliance Report
The Company did not submit Dividend Distribution Compliance Report as per Regulation 29 of the Dhaka Stock Exchange (Listing) Regulations, 2015 in connection with disbursement of the declared dividend for the year ended December 31, 2023. However, Dhaka Stock Exchange PLC. (DSE) has issued a query letter to the company in this regard.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.10 for April-June 2024 as against Tk. 0.39 for April-June 2023; EPS was Tk. 0.55 for January-June 2024 as against Tk. 0.95 for January-June 2023. NOCFPS was Tk. 0.13 for January-June 2024 as against Tk. 0.70 for January-June 2023. NAV per share was Tk. 20.47 as on June 30, 2024 and Tk. 19.75 as on December 31, 2023.
- 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 30, 2024 at 02:45 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- Resumption after Record date
Trading of the shares of the company will resume on 27.05.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 26.05.2024.
- Matter of Emphasis
The auditor of the company has given the "Matter of Emphasis" paragraph in the Auditor's Report of the company for the year ended December 31, 2023. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/may/MERCINS.pdf
- Spot News
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 with cum benefit from 21.05.2024 to 23.05.2024 and trading of the shares will remain suspended on record date i.e., 26.05.2024.
- The Board of Directors has recommended 10\% Cash Dividend for all the shareholders for the year ended December 31, 2023.
The Board of Directors has recommended 10\% Cash Dividend for all the shareholders for the year ended December 31, 2023. Date of AGM: 27.06.2024, Time: 11:00 AM, Venue: Multipurpose Hall, Institution of Diploma Engineers, Bangladesh (IDEB) 160/A, Kakrail. Dhaka by using Hybrid System i.e. in combination with physical presence and by using Digital Platform. Record Date: 26.05.2024. (cont.)
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.45 for January-March 2024 as against Tk. 0.56 for January-March 2023. NOCFPS was Tk. 0.10 for January-March 2024 as against Tk. 0.20 for January-March 2023. NAV per share was Tk. 20.46 as on March 31, 2024 and Tk. 20.78 as on December 31, 2023.
- Dividend Declaration
(Cont. news of MERCINS): The Company has also reported EPS of Tk. 1.15, NAV per share of Tk. 19.75 and NOCFPS of Tk. 0.88 for the year ended December 31, 2023 as against Tk. 1.95, Tk. 20.78 and Tk. 0.90 respectively for the year ended December 31, 2022. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.04.2024) following its corporate declaration.
- 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 April 29, 2024 at 02:35 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
- 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 29, 2024 at 03:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.