Republic Insurance PLC announcements
304 Dhaka Stock Exchange announcements for Republic Insurance PLC (REPUBLIC) since 2009: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (22).
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.62 for July-September 2023 as against Tk. 0.61 for July-September 2022; EPS was Tk. 1.85 for January-September 2023 as against Tk. 1.81 for January-September 2022. NOCFPS was Tk. 0.75 for January-September 2023 as against Tk. 1.23 for January-September 2022. NAV per share was Tk. 17.86 as on September 30, 2023 and Tk. 17.75 as on September 30, 2022.
- 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, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
- Query Response
In response to a DSE query, 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.
- Alpha Credit Rating Limited (Alpha Rating) has assigned the Surveillance rating of the Company as \"AA\" in the long ter
Alpha Credit Rating Limited (Alpha Rating) has assigned the Surveillance rating of the Company as \"AA\" in the long term and \"ST-2\" in the short term along with Stable outlook based on the audited financial statements as on December 31, 2022 and relevant qualitative information till August 05, 2023.
- (Q2 Un-audited): EPS was Tk. 0.64 for April-June 2023 as against Tk. 0.65 (restated) for April-June 2022; EPS was Tk. 1.
(Q2 Un-audited): EPS was Tk. 0.64 for April-June 2023 as against Tk. 0.65 (restated) for April-June 2022; EPS was Tk. 1.23 for January-June 2023 as against Tk. 1.20 (restated) for January-June 2022. NOCFPS was Tk. 0.72 for January-June 2023 as against Tk. 1.20 for January-June 2022. NAV per share was Tk. 17.24 as on June 30, 2023 and Tk. 17.06 as on December 31, 2022. (cont.)
- Q2 Financials
(Continuation news of REPUBLIC): Reasons for deviation in NOCFPS: The company also informed that NOCFPS has been decreased due to increase of premium on re-issuance ceded (expenses), management expenses, agency commission, claims paid and increase of number of shares. (end)
The first part of this announcement is missing from the archive. - Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2022 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 31, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2023.
- Resumption after record date
Trading of the shares of the company will resume on 28.05.2023.
- Suspension for Record date
Trading of the shares of the company will be suspended on record date i.e., 25.05.2023
- 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 23.05.2023 to 24.05.2023, and trading of the shares will be suspended on the record date i.e., 25.05.2023.
- The auditor of the Republic Insurance Company Limited has given the \"Emphasis of Matter\" paragraph in the Auditor\'s R
The auditor of the Republic Insurance Company Limited has given the \"Emphasis of Matter\" paragraph in the Auditor\'s Report for the year ended on December 31, 2022. \"Emphasis of Matter: In reference to the Insurance Act 2010 Sponsors & Directors of non-life insurance company should hold 60\% of total paid up capital. But, the sponsors & directors of the company have just hold 38.31\% of total paid-up capital. (Please see note number 3.03). Our report is not qualified in this respect.\" (cont.1)
- (Continuation news of REPUBLIC): Note # 3.03: Shareholdings: Pursuant to section 21 of Insurance Act, 2010 (The First Sc
(Continuation news of REPUBLIC): Note # 3.03: Shareholdings: Pursuant to section 21 of Insurance Act, 2010 (The First Schedule), and Rule 4-A of Insurance Rules 1958 and the Memorandum and Articles of Association of the Company, The Company with the permission of Bangladesh Securities and Exchange Commission raised its Paid up Capital from Tk.6.00 Crore to Tk.15.00 Crore (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of REPUBLIC): through Initial Public Offering (IPO) of 900,000 Ordinary Shares of Tk.100 each as per
(Continuation news of REPUBLIC): through Initial Public Offering (IPO) of 900,000 Ordinary Shares of Tk.100 each as per in October, 2008. Company issued 10\% Stock dividend on 2009,2010,2011, 12\% on 2012, 12.5\% on 2013, 10\% on 2014, 13\% on 2015, 12\% on 2016, 12.50\% on 2017 ,10\% on 2018 , 7\% stock and 7\% cash dividend on 2019 , 7\% stock and 7\% cash dividend on 2020 , 10\% cash dividend and 5\% stock dividend on 2021, and 10.50\% cash dividend on 2022. (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of REPUBLIC): So total paid capital increase from Tk.15.00 crore to Tk.52.10 crore. In the year 2011
(Continuation news of REPUBLIC): So total paid capital increase from Tk.15.00 crore to Tk.52.10 crore. In the year 2011 the Company increased its authorized capital Tk.50.00 crore to Tk. 100.00 crore and changed the per share value from Tk.100 to Tk.10 In the 3rd Extra Ordinary General Meeting held on 15th November 2011.The Company also got the necessary permission from Securities and Exchange Commission and maintained the all formalities required by the Register of Joint Stock Companies & Firms. (cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of REPUBLIC): The percentage of holding for the year 2022 of Sponsors and Directors is 38.31\% and Ge
(Continuation news of REPUBLIC): The percentage of holding for the year 2022 of Sponsors and Directors is 38.31\% and General Public is 61.69\%, while for the year 2021 it was 31.67\% and 68.33\% respectively. The sponsors and directors are shareholding 38.31\% against 60\% as required by Insurance Act 2010 section 21(3) and Schedule 1. On the other hand the sponsors and directors of the company are holding more than the 30\% shares of the paid up capital (cont.5)
The first part of this announcement is missing from the archive. - Emphasis of Matter
(Continuation news of REPUBLIC): required under gazette notification no. BSEC/CMRRCD/2009-193/217/Admin/90. Dated: 15 July 2019 of Bangladesh Securities and Exchange Commission. (end)
The first part of this announcement is missing from the archive. - Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.59 for January-March 2023 as against Tk. 0.55 for January-March 2022. NOCFPS was Tk. 0.61 for January-March 2023 as against Tk. 0.90 for January-March 2022. NAV per share was Tk. 17.64 as on March 31, 2023 and Tk. 17.43 as on March 31, 2022.
- 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 15, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023.
- Dividend Declaration
The Board of Directors has recommended 10.50% Cash Dividend for the year ended December 31, 2022. Date of AGM: 19.06.2023, Time: 11:00 AM, Venue: Digital Platform. Record Date: 25.05.2023. The Company has also reported EPS of Tk. 1.96, NAV per share of Tk. 17.06 and NOCFPS of Tk. 1.69 for the year ended December 31, 2022 as against Tk. 2.27 (restated), Tk. 16.85 and Tk. 1.78 respectively for the year ended December 31, 2021.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.04.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- 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, 2023 at 3:00 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.