Midland Bank PLC. announcements
85 Dhaka Stock Exchange announcements for Midland Bank PLC. (MIDLANDBNK) since 2023: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (19).
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.09 for July-September 2024 as against Tk. 0.22 for July-September 2023; EPS was Tk. 0.54 for January-September 2024 as against Tk. 0.58 for January-September 2023. NOCFPS was Tk. 4.43 for January-September 2024 as against Tk. (0.25) for January-September 2023. NAV per share was Tk. 14.39 as on September 30, 2024 and Tk. 14.31 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 29, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- The company has informed that the Board of Directors has decided to: (i) increase the paid-up capital of its subsidiary
The company has informed that the Board of Directors has decided to: (i) increase the paid-up capital of its subsidiary namely: \"Midland Bank Asset Management Company Limited (MDBAMCL)\" from existing Tk. 5.00 Crore to Tk. 12.00 Crore (subject to approval of regulatory authorities, if applicable) by subscribing additional paid-up capital of Tk. 7.00 crore; and (ii) sponsor two mutual funds to be launched by MDBAMCL i.e., Midland Bank Fixed Income Fund and Midland Bank Growth Fund (cont.)
- Board decision to increase paid-up capital of its subsidiary & Others
(Cont. news of MIDLANDBNK): with a fund size of Tk. 25.00 crore each; where Midland Bank PLC. will sponsor to the tune of Tk. 2.50 crore in each fund. (end)
The first part of this announcement is missing from the archive. - Query Response
In response to the DSE query dated September 26, 2024, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.
- Midland Bank Asset Management Receives BSEC's Approval
The company has informed that Midland Bank Asset Management Limited, a fully owned subsidiary company of Midland Bank PLC. has obtained registration certificate from Bangladesh Securities and Exchange Commission (BSEC) to conduct its operation as an Asset Manager.
- Q2 Financials
(Q2 Un-audited): Solo EPS was Tk. 0.33 for April-June 2024 as against Tk. 0.08 for April-June 2023; EPS was Tk. 0.45 (consolidated) for January-June 2024 as against Tk. 0.36 (solo) for January-June 2023. NOCFPS was Tk. 4.86 (consolidated) for January-June 2024 as against Tk. 1.77 (solo) for January-June 2023. NAV per share was Tk. 14.29 (consolidated) as on June 30, 2024 and 14.31 (solo) as on December 31, 2023. Reasons for deviation of EPS, NOCFPS and NAVPS: (cont.) (Cont. news of MIDLANDBNK): EPS increase due to higher profit earned in H1, 2024 compared to H1, 2023. NOCFPS increased due to increase of deposit as compared to previous period. NAVPS slightly increased due to cash dividend paid BDT 31.98 crore in this period for the FY2023. (end)
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2023 to the respective shareholders.
- 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 03:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- Credit Rating Result
Emerging Credit Rating Limited (ECRL) has affirmed Surveillance rating of the Company as "A+" in the long term and "ST-2" in the short term along with a Stable outlook based on audited financial statements up to December 31, 2023 and other relevant quantitative as well as qualitative information up to the date of rating.
- Name Change of the Company
Dhaka Stock Exchange PLC. (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Company will be 'Midland Bank PLC.' instead of 'Midland Bank Limited' with effect from June 10, 2024. Other things (except name) will remain unchanged.
- Resumption after Record date
Trading of the shares of the company will resume on 21.05.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 20.05.2024.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.12 (Consolidated) for January-March 2024 as against Tk. 0.28 (Solo) for January-March 2023. NOCFPS was Tk. 6.65 (Consolidated) for January-March 2024 as against Tk. (0.80) (Solo) for January-March 2023. NAV per share was Tk. 14.42 (Consolidated) as on March 31, 2024 and Tk. 14.31 (Solo) as on December 31, 2023.
- 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 16.05.2024 to 19.05.2024 and trading of the shares will remain suspended on record date i.e., 20.05.2024.
- 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 14, 2024 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
- Dividend Declaration
The Board of Directors has recommended 5% Cash Dividend for the year ended December 31, 2023. Date of AGM: 13.06.2024, Time: 9:30 AM, Venue: Hybrid System in combination with physical presence of shareholders at Banquet Hall of Kurmitola Golf Club. Record Date: 20.05.2024. The Company has also reported EPS of Tk. 1.77, NAV per share of Tk. 14.31 and NOCFPS of Tk. 0.55 for the year ended December 31, 2023 as against Tk. 0.88, Tk. 11.95 and Tk. 4.22 respectively for the year ended December 31, 2022.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.04.2024) following its corporate declaration.
- 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 28, 2024 at 4:30 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.