Paramount Insurance PLC. announcements
276 Dhaka Stock Exchange announcements for Paramount Insurance PLC. (PARAMOUNT) since 2008: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (21).
- 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 up to December 31, 2020 and relevant qualitative information till 13 November, 2021.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.49 for July-September 2021 as against Tk. 2.68 for July-September 2020; EPS was Tk. 3.08 for January-September 2021 as against Tk. 2.94 for January-September 2020. NOCFPS was Tk. 1.85 for January-September 2021 as against Tk. 1.39 for January-September 2020. NAV per share was Tk. 25.42 as on September 30, 2021 and Tk. 20.92 as on September 30, 2020.
- Completion of Land Purchase
Refer to earlier news disseminated by DSE on 20.05.2021, the company has informed that they have completed the declared land acquisition as Cost of Land: BDT 250,000,400 (Total 200 Katha, Per Katha 1,250,002). Registration and Other Cost BDT 23,750,759.
- 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 26, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 1.74 for April-June 2021 as against Tk. 0.37 for April-June 2020; EPS was Tk. 2.58 for January-June, 2021 as against Tk. 0.26 for January-June, 2020. NOCFPS was Tk. 1.56 for January-June 2021 as against Tk. 1.64 for January-June 2020. NAV per share was Tk. 24.85 as on June 30, 2021 and Tk. 17.96 as on June 30, 2020.
- 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 29, 2021 at 1:20 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2021.
- The Company has informed that it has credited the Bonus shares for the year ended on December 31, 2020 to the respective
The Company has informed that it has credited the Bonus shares for the year ended on December 31, 2020 to the respective shareholders' BO Accounts.
- The Company will be placed in 'A' category from existing 'B' category with effect from today June 07, 2021 as the Compan
The Company will be placed in 'A' category from existing 'B' category with effect from today June 07, 2021 as the Company has reported disbursement of 20% stock dividend for the year ended on December 31, 2020.
- DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase sec
DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Paramount Insurance Company Ltd. in between 1st to 30th trading day after change of categorization, with effect from today June 07, 2021 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- Decision to Land Purchase
The company has informed that the Board of Directors has taken decision to buy 437.00 Satak equivalent to 264.38 Katha land in Katun Mouja, Nagori Union, Kaligonj Thana of Gazipur District. The cost price of the land will be around BDT 26,00,00,000.00. The Company will be funding for the said land from its own fund e.g. Fixed Deposit, Investment in Shares and other investments and the land will be purchased only after getting approval from Regulatory Authority.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 1.01 for January-March 2021 as against Tk. (0.14) for January-March 2020; NOCFPS was Tk. 1.46 for January-March 2021 as against Tk. 1.57 for January-March 2020. NAV per share was Tk. 27.13 as on March 31, 2021 and Tk. 26.62 as on December 31, 2020.
- As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting
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 28, 2021 at 1:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021.
- Resumption after record date
Trading of the shares of the Company will resume on 04.04.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 01.04.2021.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled
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 29.03.2021 to 31.03.2021. Trading of the shares of the Company will remain suspended on record date i.e., 01.04.2021.
- The Board of Directors has recommended 20% stock dividend for the year ended on December 31, 2020. Date of AGM: 03.05.20
The Board of Directors has recommended 20% stock dividend for the year ended on December 31, 2020. Date of AGM: 03.05.2021, Time: 11:00 AM, Venue: Digital Platform. Record Date: 01.04.2021. The Company has also reported EPS of Tk. 5.38, NAV per share of Tk. 26.62 and NOCFPS of Tk. 2.74 for the year ended on December 31, 2020 as against Tk. 1.14, Tk. 21.40 and Tk. 0.50 respectively for the same period of the previous year. (cont.1)
- (Continuation news of PARAMOUNT): The Company has also informed that the Company is constructing a new building named Pa
(Continuation news of PARAMOUNT): The Company has also informed that the Company is constructing a new building named Paramount Insurance Bhaban. Considering this huge investment, the Board decided to payout Stock Dividend rather than Cash dividend this year. The Board has decided to distribute 37.174% of EPS of Tk. 5.38 as Stock dividend which will be 5:1 per share. (cont.2)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Continuation news of PARAMOUNT): i) As per Schedule-1, Section 21 of the Insurance Act 2010, every ono-life Insurance should have Forty Crore of Paid-up Capital. At present Company's paid-up Capital is TK. 33,88,74,720.00 only. That is why The Company has declared 20% stock dividend only for this year. ii) Bonus shares is not declared from capital reserve or revaluation reserve or any kind other than accumulate profit. (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 (09.03.2021) following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.
- Dividend Declaration (Additional Information)
Dividend Declaration (Reason for significant deviation in EPS): The Company has further informed that EPS has been increased for the year ended on December 31, 2020 compared with the same period of previous year due to increase in premium income, underwriting profit, interest & investment income.
- 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 March 08, 2021 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.