Prime Bank PLC. announcements
530 Dhaka Stock Exchange announcements for Prime Bank PLC. (PRIMEBANK) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (25).
- Appointment of Managing Director
The Company has informed that Mr. Rahel Ahmed has been appointed as the Managing Director of the Company with effect from December 14, 2017.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.58 for July-September, 2017 as against Tk. (0.08) for July-September, 2016; Consolidated EPS was Tk.1.43 for January-September, 2017 as against Tk. 0.23 for January-September, 2016. Consolidated NOCFPS was Tk. 17.07 for January-September, 2017 as against Tk. 5.56 for January-September, 2016. Consolidated NAV per share was Tk. 24.34 as on September 30, 2017 and Tk. 22.70 as on September 30, 2016.
- Issuance of Prime Bank Subordinated Bond-3
The Company has informed that the Board of Directors has decided to issue "Prime Bank Subordinated Bond-3" up to Tk. 7,000.00 million for raising Tier-II Capital Subject to approval of the Regulatory Authorities.
- 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, 2017 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, 2017.
- Query Response
In response to a DSE query dated September 17, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Buy Confirmation of a Sponsor Director
Marina Yasmin Chowdhury, one of the Sponsors Directors of the Company, has further reported that she has completed her buy of 9,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Land Purchase
The Company has informed that the Board of Directors' has decided to purchase 62.00 decimal land at Panchbaria, Jessore Sadar, Jessore at a total cost of Tk. 85,00,000.00 only excluding Registration Cost, VAT, Tax and any other admissible cost for setting up Bank's Disaster Recovery site (DR Site). The decision is subject to the approval of Regulatory Authorities.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.07 or April-June, 2017 as against Tk. (0.20) for April-June, 2016; Consolidated EPS was Tk. 0.85 for January-June, 2017 as against Tk. 0.31 for January-June, 2016. Consolidated NOCFPS was Tk. 4.61 for January-June, 2017 as against Tk. 5.47 for January-June, 2016. Consolidated NAV per share was Tk. 23.76 as of June 30, 2017 and Tk. 22.81 as of June 30, 2016.
- Buy declaration of a Sponsor Director
Marina Yasmin Chowdhury, one of the Sponsors Directors of the Company, has expressed her intention to buy 9,00,000 shares of the Company (In the Public/Block Market) at prevailing market price through Stock Exchange within next 30 working days.
- 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 27, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2017.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA" in the long term and "ST-2" in the short term along with a stable outlook in consideration of its audited financials up to December 31, 2016, unaudited financials up to March 31, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration. Credit Rating Agency of Bangladesh Limited (CRAB) has announced the rating of the Company as "AA2" 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, 2016 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Dividend Disbursement
The Company has informed that it has disbursed cash dividend for the year ended on December 31, 2016 to the respective shareholders' Bank Account through BEFTN. The Shareholders, whose accounts could not be credited due to inadequate information or bounced back for any reason, shall be paid through issuance of Dividend Warrants and sent by Courier Services at the recorded address.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.78 for January-March, 2017 as against Tk. 0.51 for January-March, 2016. Consolidated NOCFPS was Tk. (0.31) for January-March, 2017 as against Tk. (0.52) for January-March, 2016. Consolidated NAV per share was Tk. 25.35 as of March 31, 2017 and Tk. 24.82 as of March 31, 2016.
- Confirmation of transfer by a Sponsor
Mr. Md. Shahadat Hossain, one of the Sponsors of the Company, has further reported that he has completed his transfer of 72,00,000 shares of the Company to his son Mr. S.M. Tamjid, by way of gift outside the trading system of the Exchange as announced earlier.
- 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 11, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2017.
- Confirmation of transfer by a Sponsor Director
Mr. K. M. Khaled, one of the Sponsors Directors of the Company, has further reported that he has completed his transfer of 22,00,000 shares of the Company to his wife Mrs. Gol-e-Afroz Banu, by way of gift outside the trading system of the Exchange as announced earlier.
- Declaration of transfer by a Sponsor
Mr. Md. Shahadat Hossain, one of the Sponsors of the Company, has expressed his intention to transfer 72,00,000 shares out of his total holding of 2,78,11,583 shares of the Company to his son Mr. S.M. Tamjid, by way of gift outside the trading system of the Exchange within next 30 working days.
- Declaration of transfer by a Sponsor Director
Mr. K. M. Khaled, one of the Sponsors Directors of the Company, has expressed his intention to transfer 22,00,000 shares out of his total holding of 2,85,70,378 shares of the Company to his wife Mrs. Gol-e-Afroz Banu, by way of gift outside the trading system of the Exchange within next 30 working days.
- Resumption after record date
Trading of the shares of the Company will resume on 23.04.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 20.04.2017.
- 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 18.04.2017 to 19.04.2017. Trading of the shares of the Company will remain suspended on record date i.e., 20.04.2017.
- Updating information
The Company has requested the members to update their BO Accounts with 12 digits Tax Payers Identification Number (TIN), Bank Accounts number, address through their respective DPs before the "Record Date". If anyone fails to update his/her respective BO Account with the 12 Digits e-TIN before the Record Date, Advance Income Tax @ 15% (instead of 10%) will be deducted from eligible cash dividend as per Section 54 of the amended Income Tax Ordinance 1984. (cont.) (continuation news of PRIMEBANK): The Company has also requested concerned Brokerage Houses to provide statement with details of margin loan holders on the 'Record Date' along with name of the contact person, name of the bank, account details along with routing number etc. to the share department of the Company, on or before April 27, 2017. (end)
- Dividend Declaration
The Board of Directors has recommended 16% cash dividend for the year ended on December 31, 2016. Date of AGM: 08.05.2017, Time: 11:00 AM. Venue: Golf Garden, Army Golf Club, Dhaka Cantonment, Airport Road, Dhaka-1206. Record Date: 20.04.2017.(cont.) (Continuation news of PRIMEBANK): The Company has also reported Consolidated EPS of Tk. 2.13 (weighted), Consolidated NAV per share of Tk. 24.57 and Consolidated NOCFPS of Tk. 4.05 for the year ended on December 31, 2016 as against Tk. 2.11, Tk. 25.75 and Tk. 0.15 respectively for the same period of the previous year.(end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company on 02.04.2017 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 March 30, 2017 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2016.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.