Mutual Trust Bank PLC. announcements
608 Dhaka Stock Exchange announcements for Mutual Trust Bank PLC. (MTB) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (36).
- Al-Haj Syed Abul Hossain, one of the Sponsors of the company passed away on 25.10.2023. His holding of 21,718,560 shares
Al-Haj Syed Abul Hossain, one of the Sponsors of the company passed away on 25.10.2023. His holding of 21,718,560 shares (out of his total holding of 23,890,416 shares) will be transmitted to the account of his nominees Ms. Syeda Rubaiyat Hossain and Ms. Syeda Iffat Hossain, daughters of late Syed Abul Hossain, by way of nomination (50\% each).
- Dhaka Stock Exchange Limited (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Co
Dhaka Stock Exchange Limited (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Company will be \'Mutual Trust Bank PLC\' instead of \'Mutual Trust Bank Limited\' with effect from November 30, 2023. Other things (except name) will remain unchanged.
- (Q3 Un-audited): Consolidated EPS was Tk. 0.84 for July-September 2023 as against Tk. 0.91 (Restated) for July-September
(Q3 Un-audited): Consolidated EPS was Tk. 0.84 for July-September 2023 as against Tk. 0.91 (Restated) for July-September 2022; Consolidated EPS was Tk. 1.94 for January-September 2023 as against Tk. 2.27 (Restated) for January-September 2022. Consolidated NOCFPS was Tk. 22.42 for January-September 2023 as against Tk. 3.59 (Restated) for January-September 2022. Consolidated NAV per share was Tk. 23.75 as on September 30, 2023 and Tk. 21.70 (Restated) as on December 31, 2022. (cont.)
- Q3 Financials
(Continuation news of MTB): Reasons for deviation in EPS and NOCFPS: EPS has decreased compared to the same period of last year due to increase of total provision and provision for Tax. NOCFPS increased mainly due to increase of gap between collection of deposits / fund and deployment of fund through advances over the same period of previous year. (end)
The first part of this announcement is missing from the archive. - 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 25, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
- Sale and Buy confirmations of a sponsor and a director
Associated Builders Corporation Ltd., a Sponsor of the Company, has further informed that it has completed its sale of 21,36,300 shares and Mr. Rashed Ahmed Chowdhury, a Director of the company, has informed that he has completed his buying of 21,36,300 shares at prevailing market price through Dhaka Stock Exchange Limited as per declaration news disseminated by DSE on 04.10.2023.
- Sale and Buy Declarations of a sponsor and a director
Associated Builders Corporation Ltd., a Sponsor of the Company, has expressed its intention to sell 21,36,300 shares out of its holding of 10,499,410 shares (in the Block Market) whereas Mr. Rashed Ahmed Chowdhury, a Director of the company, has expressed his intention to buy 21,36,300 shares at prevailing market price (in the Block Market) through Dhaka Stock Exchange Limited within October 31, 2023.
- DSENEWS: Withdrawal of Authorized Representative
Withdrawal of Authorized Representative: MTB Securities Ltd. (DSE TREC No. 197) has withdrawn one of its Authorized Representatives, Mr. S.M. Jahangir Kabir with immediate effect.
- Board Approval for application to BB to obtain license for Digital Bank
The company has informed that the Board of Directors of the Company has approved the proposal for application to Bangladesh Bank to obtain license for 'Digital Bank' through participating in consortium and investing initial minimum paid up capital as per the guidelines issued by Bangladesh Bank in this regard.
- (Q2 Un-audited): Consolidated EPS was Tk. 0.41 for April-June 2023 as against Tk. 0.71 (restated) for April-June 2022; C
(Q2 Un-audited): Consolidated EPS was Tk. 0.41 for April-June 2023 as against Tk. 0.71 (restated) for April-June 2022; Consolidated EPS was Tk. 1.10 for January-June 2023 as against Tk. 1.36 (restated) for January-June 2022. Consolidated NOCFPS was Tk. 13.22 for January-June 2023 as against Tk. 4.42 (restated) for January-June 2022. Consolidated NAV per share was Tk. 22.75 as on June 30, 2023 and Tk. 21.70 (restated) as on December 31, 2022. (cont.)
- Q2 Financials
(Continuation news of MTB): The Company has reported that EPS has decreased compared to the same period of last year due to increase of total provision and provision for Tax. NOCFPS has increased mainly due to increase of gap between collection of deposits/fund and deployment of fund through advances over the same period of previous year. (end)
The first part of this announcement is missing from the archive. - 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 26, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2023.
- Resignation and Appointment of Group Company Secretary
The company has informed that Mr. Malik Muntasir Reza has resigned from the post of Group Company Secretary (GCS), and Mr. Rais Uddin Ahmad, Deputy Managing Director & Chief Anti Money Laundering and Compliance Officer (CAMLCO) of the company has been assigned with the responsibilities of Group Company Secretary (GCS) in addition to his current jobs.
- Buy Confirmation of a Sponsor Director
Mr. Syed Manzur Elahi, one of the Sponsor Directors of the Company, has further informed that he has completed his buying of 6,00,000 shares of the company at prevailing market price through Dhaka Stock Exchange Limited as per declaration disseminated on 21.06.2023.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended December 31, 2022 to the respective shareholders' BO Accounts.
- Buy Declaration of a Sponsor Director
Mr. Syed Manzur Elahi, one of the Sponsor Directors of the Company, has expressed his intention to buy 6,00,000 shares of the company at prevailing market price (in the Public Market) through Dhaka Stock Exchange Ltd. within next 30 working days.
- Buy confirmation of a Sponsor Director
Syed Manzur Elahi, one of the Sponsor Directors of the Company, has further informed that he has completed his buying of 6,00,000 shares of the company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 16.05.2023.
- Credit Rating Information and Services Limited (CRISL) has assigned rating of the Company as \"AA+\" in the long term an
Credit Rating Information and Services Limited (CRISL) has assigned rating of the Company as \"AA+\" in the long term and \"ST-2\" in the short term along with Stable outlook in consideration of its audited financials up to December 31, 2022, unaudited financial up to March 31, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Resumption after record date
Trading of the shares of the company will resume on 24.05.2023.
- Suspension for Record date
Trading of the shares of the company will be suspended on the record date i.e., 23.05.2023.
- Sale and Buy Confirmations of a sponsor and a director
Associated Builders Corporation Ltd., one of the Sponsors of the Company, has further informed that it has completed its sale of 15,20,000 shares whereas Rashed Ahmed Chowdhury, a Director of the company, has also informed that he has completed his buying of 15,20,000 shares at prevailing market price through Dhaka Stock Exchange Limited as per declaration disseminated on 17.05.2023.
- 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 21.05.2023 to 22.05.2023 and trading of the shares will remain suspended on record date i.e., 23.05.2023.
- BSEC's consent regarding 10% Stock Dividend
Refer to their earlier news disseminated by DSE on 02.05.2023 regarding dividend declaration and decision to increase Authorized Capital, the Company has further informed that BSEC has accorded its consent for their declaration of 10% Stock Dividend for the year ended December 31, 2022. The record date on May 23, 2023 for entitlement of the aforesaid Stock Dividend will remain unchanged, as previously announced.
- Sale and Buy Declarations of a sponsor and a director
Associated Builders Corporation Ltd., one of the Sponsors of the Company, has expressed its intention to sell 15,20,000 shares out of its holding of 11,064,919 shares (in the Block Market) whereas Rashed Ahmed Chowdhury, a Director of the company, has expressed its intention to buy 15,20,000 shares at prevailing market price (in the Block Market) through Dhaka Stock Exchange Limited within next 30 working days.
- Buy Declaration of a Sponsor Director
Syed Manzur Elahi, one of the Sponsor Directors of the Company, has expressed his intention to buy 600,000 shares of the company at prevailing market price (in the Public Market) through Dhaka Stock Exchange Ltd. within next 30 working days.
- The Board of Directors has recommended 10\% Stock dividend for the year ended December 31, 2022 subjective to approval o
The Board of Directors has recommended 10\% Stock dividend for the year ended December 31, 2022 subjective to approval of the respective regulatory authorities. Date of AGM: 21.06.2023, Time: 11:30 AM, Venue: Digital Platform. Record date: 23.05.2023. The Company has also reported Consolidated EPS of Tk. 2.65, Consolidated NAV per share of Tk. 23.87 and Consolidated NOCFPS of Tk. 13.82 (cont.1)
- (Continuation news of MTB): for the year ended December 31, 2022 as against Tk. 3.33 (restated), Tk. 21.99 (restated) an
(Continuation news of MTB): for the year ended December 31, 2022 as against Tk. 3.33 (restated), Tk. 21.99 (restated) and Tk. 12.94 (restated) respectively for the year ended December 31, 2021. Disclosures on recommendation of stock dividend: i. Stock dividend (bonus shares) has been declared to strengthen the capital base of the bank to support business growth and increase ratios as per the regulatory requirement of Basel III guidelines. ii. Stock Dividend (bonus shares) has been declared (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of MTB): out of the current year\'s profit. and iii. Stock Dividend (bonus shares) has not been decla
(Continuation news of MTB): out of the current year\'s profit. and iii. Stock Dividend (bonus shares) has not been declared from out of the capital reserve or revaluation reserve or any unrealized gain or out of the profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post-dividend retained earnings become negative or a debit balance. The Board has also decided to increase authorized capital as follows: (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of MTB): \"The authorized Capital of the Company be and is hereby increased to BDT. 2000,00,00,000.00
(Continuation news of MTB): \"The authorized Capital of the Company be and is hereby increased to BDT. 2000,00,00,000.00 (Twenty Billion) from existing BDT. 1000,00,00,000.00 (Ten Billion) and amend the relevant Clause 38-V of the Memorandum of Association (MoA) and Clause-4 of the Article of Association (AoA) of Mutual Trust Bank Ltd. subject to approval of the shareholders and by the regulatory authority(ies).\" (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 (02.05.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.75 for January-March 2023 as against Tk. 0.71 (restated) for January-March 2022. Consolidated NOCFPS was Tk. 14.75 for January-March 2023 as against Tk. 2.83 (restated) for January-March 2022. Consolidated NAV per share was Tk. 24.61 as on March 31, 2023 and Tk. 23.87 as on December 31, 2022. NOCFPS has increased mainly due to increase of gap between collection of deposits/fund and deployment of fund through advances over the same period of previous year.
- 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 30, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2023.
- 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 30, 2023 at 4:00 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2022.
- DSENEWS: Withdrawal of Authorized Representative
Withdrawal of Authorized Representative: MTB Securities Ltd. (DSE TREC No. 197) has withdrawn one of its Authorized Representatives, Mr. Md. Afjal Hossain with immediate effect.
- DSENEWS: Withdrawal of Authorized Representative
Withdrawal of Authorized Representative: MTB Securities Ltd. (DSE TREC No. 197) has withdrawn one of its Authorized Representatives, Mr. Md. Saidul Haque Chowdhury with immediate effect.
- Election of Chairman and Vice Chairman
The Company has informed that the Board of Directors has elected Mr. Md. Abdul Malek as the Chairman and Mr. Syed Manzur Elahi as the Vice Chairman of the Company, with effect from January 01, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.