Northern Islami Insurance PLC. announcements
294 Dhaka Stock Exchange announcements for Northern Islami Insurance PLC. (NORTHRNINS) since 2008: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (20).
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.53 for July-September 2022 as against Tk. 0.56 for July-September 2021; EPS was Tk. 1.51 for January-September 2022 as against Tk. 1.39 for January-September 2021. NOCFPS was Tk. 6.47 for January-September 2022 as against Tk. 4.36 for January-September 2021. NAV per share was Tk. 21.50 as on September 30, 2022 and Tk. 20.62 as on September 30, 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 October 29, 2022 at 1:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2022.
- Confirmation of share transfer by a Director
Al-Haj Abdus Samad, one of the Directors of the company, has further informed that he has completed his transfer of 9,27,111 shares of the Company to his son Mr. Jawadul Alam Chowdhury (General Shareholder of the company), by way of gift outside the trading system of the Exchange as per declaration disseminated on 20.09.2022.
- Declaration of share transfer by a Director
Al-Haj Abdus Samad, one of the Directors of the company, has expressed his intention to transfer his holdings 9,27,111 shares of the Company to his son Mr. Jawadul Alam Chowdhury (General Shareholder of the company), by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.
- 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. 0.32 for April-June 2022 as against Tk. 0.24 for April-June 2021; EPS was Tk. 0.97 for January-June 2022 as against Tk. 0.83 for January-June 2021. NOCFPS was Tk. 2.56 for January-June 2022 as against Tk. 2.18 for January-June 2021. NAV per share was Tk. 21.97 as on June 30, 2022 and Tk. 21.07 as on June 30, 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 30, 2022 at 12:00 noon to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2022.
- Alpha Credit Rating Limited (AlphaRating) has rated the Company as \"AA+\" in the long term and \"ST-1\" in the short te
Alpha Credit Rating Limited (AlphaRating) has rated the Company as \"AA+\" in the long term and \"ST-1\" 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 May 30, 2022.
- Resumption after record date
Trading of the shares of the company will resume on 29.05.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 26.05.2022.
- The auditor of the Northern Islami Insurance Ltd. has given the \"Emphasis of Matters\" paragraphs on the audited financ
The auditor of the Northern Islami Insurance Ltd. has given the \"Emphasis of Matters\" paragraphs on the audited financial statements for the year ended December 31, 2021. Emphasis of Matters: a) We draw attention to note 2.13.3.1 of the Financial Statements, which describes the reason for not establishing Workers\' Profit Participation Fund by the Company according to the Labor Act, 2006 (as amended in 2013 and 2018); (cont.1)
- (Continuation news of NORTHRNINS): b) Management has described the reason for not performing impairment test in accordan
(Continuation news of NORTHRNINS): b) Management has described the reason for not performing impairment test in accordance with IFRS 9 regarding the investment on FDR in People\'s Leasing and Financial Service and International Leasing and Financial Service Ltd. carrying at BDT 1,600,000 and BDT 1,39,29,299 respectively as at December 31, 2021 in note 15.1 and 15.1.1 of the financial statements; and (cont.2)
The first part of this announcement is missing from the archive. - Emphasis of Matters
(Continuation news of NORTHRNINS): c) As disclosed in note 2.18.6 to the financial statements where it has been described the reason for departure from IFRS 16 during the year in the financial statements. Our Opinion is not modified in respect of the matters emphasized. (end)
The first part of this announcement is missing from the archive. - 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 24.05.2022 to 25.05.2022. Trading of the shares of the Company will remain suspended on record date i.e., 26.05.2022.
- Dividend Declaration
The Board of Directors has recommended 10% Cash dividend for the year ended December 31, 2021. Date of AGM: 28.06.2022, Time: 11:00 AM, Venue: Digital Platform. Record Date: 26.05.2022. The Company has also reported EPS of Tk. 1.76, NAV per share of Tk. 21.00 and NOCFPS of Tk. 3.75 for the year ended December 31, 2021 as against Tk. 1.74, Tk. 20.24 and Tk. 6.53, respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.04.2022) following its corporate declaration.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.65 for January-March 2022 as against Tk. 0.59 for January-March 2021. NOCFPS was Tk. 0.62 for January-March 2022 as against Tk. 1.65 for January-March 2021. NAV per share was Tk. 21.64 as on March 31, 2022 and Tk. 20.83 as on March 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 April 27, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2022.
- 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 27, 2022 at 3:30 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2021.
- Appointment of Managing Director & CEO
The Company has informed that the Board of Directors has appointed Mr. Chowdhury Golam Faruque, as the Managing Director & CEO of the Company with effect from January 20, 2022. The Insurance Development and Regulatory Authority (IDRA) has approved his appointment.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.