Social Islami Bank PLC. announcements
638 Dhaka Stock Exchange announcements for Social Islami Bank PLC. (SIBL) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (32).
- Issuance of SIBL 3rd Mudaraba Subordinated Redeemable Bond
The Company has informed that the Board of Directors has decided to issue SIBL 3rd Mudaraba Subordinated Redeemable Bond of Tk. 500.00 crore for 7 years; subject to the approval of BSEC and Bangladesh Bank. Other core features of the Bond are as follows: Value per unit: Tk. 1.00 crore (only), Minimum Application: Tk. 1.00 crore (only), (cont.) (Continuation news of SIBL): Profit Rate Policy: Profit Rate= Six Monthly Mudaraba Term Deposit Profit Rate of SIBL + 2.00%, Redemption Policy: 20% of the total Bond Value to be redeemed at the end of each year starting from Year 3, Payment of Profit: Semi-Annually, Fund Placement Structure: Private Placement, Listing Status: Un-Listed. (end)
- Appointment of Chairman and Managing Director & CEO
The Company has informed that Professor Md. Anwarul Azim Arif has been elected as the Chairman and Mr. Quazi Osman Ali has been appointed as the Managing Director and CEO of the Company with immediate effect.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.60 for July-September, 2017 as against Tk. 0.31 for July-September, 2016; Consolidated EPS was Tk. 1.00 for January-September, 2017 as against Tk. 1.04 for January-September, 2016. Consolidated NOCFPS was Tk. 10.97 for January-September, 2017 as against Tk. (0.22) for January-September, 2016. Consolidated NAV per share was Tk. 18.22 as on September 30, 2017 and Tk. 17.16 as on September 30, 2016.
- 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 30, 2017 at 2:35 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2017.
- Sale confirmation of a Sponsor
Ms. Hasina Iqbal, one of the Sponsors of the Company, has further reported that she has completed her sale of 10,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale confirmation of Sponsors
Mr. Md. Shah Alam and Mrs. Zohra Alam, both are Sponsors of the Company, have further reported that they have completed their sale of 1,72,000 shares and 82,800 shares respectively at prevailing market price through Stock Exchange as announced earlier.
- Sale declaration of a Sponsor
Ms. Hasina Iqbal, one of the Sponsors of the Company, has expressed her intention to sell 10,00,000 shares out of her total holding of 27,83,480 shares of the Company at prevailing market price (in the Block Market) through Stock Exchange within October 31, 2017.
- Sale declarations of Sponsors
Mr. Md. Shah Alam and Mrs. Zohra Alam, both are Sponsors of the Company, have expressed their intentions to sell 1,72,000 shares and 82,800 shares out of their total holdings of 1,72,537 shares and 82,846 shares respectively at prevailing market price (In the Block Market) through Stock Exchange within October 31, 2017.
- Query Response (Repeat News)
(Repeat News): In response to a DSE query dated September 06, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- 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.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.29 for April-June, 2017 as against Tk. 0.53 for April-June, 2016; Consolidated EPS was Tk. 0.40 for January-June, 2017 as against Tk. 0.73 for January-June, 2016. Consolidated NOCFPS was Tk. 3.53 for January-June, 2017 as against Tk. (2.31) for January-June, 2016. Consolidated NAV per share was Tk. 17.62 as of June 30, 2017 and Tk. 16.85 as of June 30, 2016.
- 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, 2017 at 12:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2017.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.10 for January-March, 2017 as against Tk. 0.20 for January-March, 2016; Consolidated NOCFPS was Tk. (3.36) for January-March, 2017 as against Tk. (6.24) for January-March, 2016. Consolidated NAV per share was Tk. 19.33 as of March 31, 2017 and Tk. 18.63 as of March 31, 2016.
- Dividend Disbursement
The Company has informed that it has disbursed Cash Dividend for the year ended on December 31, 2016 through BEFTN and Bank transfer to the Bank Accounts of 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 April 30, 2017 at 2:35 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2017.
- Sale confirmation of a Sponsor
Prof. Dr. M. A. Mannan, one of the Sponsors of the Company, has further reported that he has completed his sale of 2,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Confirmation of transfer by a Sponsor
Prof. Dr. M. A. Mannan, one of the Sponsors of the Company, has further reported that he has completed his transfer of 1,28,07,500 shares of the Company to his wife Mrs. Nargis Mannan, one of the Sponsor Directors of the Company, by way of gift outside the trading system of the Exchange, as announced earlier.
- Declaration of transfer by a Sponsor
Prof. Dr. M. A. Mannan, one of the Sponsors of the Company, has expressed his intention to transfer 1,28,07,500 shares out of his total holding of 1,40,90,063 shares of the Company to his wife Mrs. Nargis Mannan, one of the Sponsor Directors 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.
- Declaration of sale by a Sponsor
Prof. Dr. M. A. Mannan, one of the Sponsors of the Company, has expressed his intention to sell 2,00,000 shares out of his total holding of 1,42,90,063 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange within next 30 working days.
- Resumption after record date
Trading of the shares of the Company will resume on 15.03.2017 after record date.
- Buy confirmation of a Corporate Sponsor Director
Fountain Private Ltd., one of the Corporate Sponsors & Directors of the Company, has further reported that it has completed its buy of 1,46,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 14.03.2017.
- Time and Venue of the AGM
The Company has further informed that 22nd AGM of the Company will be held on March 30, 2017 at 10:00 AM at Rajdarshan Hall-3, International Convention City Bashundhara, Kuril Bishwa Road, 300ft. Purbanchal Express Highway, Dhaka. Other information of the AGM will remain unchanged.
- Credit Rating Result
Emerging Credit Rating Limited (ECRL) has assigned the surveillance rating of the Company as "AA-" in the long term and "ST-2" in the short term along with a stable outlook based on audited financials of the Company up to December 31, 2016 and other relevant quantitative and qualitative information up to the date of rating declaration.
- 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 12.03.2017 to 13.03.2017. Trading of the shares of the Company will remain suspended on record date i.e., 14.03.2017.
- Buy Declaration
Fountain Private Ltd., one of the Corporate Sponsors & Directors of the Company, has expressed its intention to buy 1,46,00,000 shares of the Company at prevailing market price (in the Block Market) through Stock Exchange within next 30 working days.
- Sale confirmation
Prof. Dr. M. A. Mannan, one of the Sponsors of the Company, has further reported that he has completed his sale of 5,00,000 shares of the Company at prevailing market price through Stock Exchange, as announced earlier.
- Declaration of sale
Prof. Dr. M. A. Mannan, one of the Sponsors of the Company, has expressed his intention to sell 5,00,000 shares out of his total holding of 1,47,90,063 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange within next 30 working days.
- Furnishing 12 digit e-TIN Number
The Company has requested the shareholders to update their respective BO Accounts with 12 digit Taxpayers Identification Number before the Record Date. If anyone fails to update his/her BOID with the e-TIN information before record date, income tax at source will be deducted @15% instead of 10% as per latest provision of section 54 of the Income Tax Ordinance , 1984.
- Dividend Declaration
The Board of Directors has recommended 20% cash dividend for the year ended on December 31, 2016. Date of AGM: 30.03.2017, Time and Venue of the AGM will be notified later on. Record Date: 14.03.2017. The Company has also reported Consolidated EPS of Tk. 3.10, Consolidated NAV per share of Tk. 19.22 and Consolidated NOCFPS of Tk. 1.02 for the year ended on December 31, 2016 as against Tk. 2.77 (restated), Tk. 18.42 and Tk. 6.59 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 (22.02.2017) following its corporate declaration.
- Approval of BSEC on Issuance of SIBL 2nd Mudaraba Subordinated Bond
With reference to their earlier news (disseminated by DSE on 13.06.2016 regarding Issuance of SIBL 2nd Mudaraba Subordinated Bond) the Company has further informed that the BSEC has approved the 6 years redeemable SIBL 2nd Mudaraba Subordinated Bond for an amount of Tk. 400.00 crore of the Company. The other core features of the bond are given below: Value per unit: Tk. 5.00 lac, Lot size: for individuals is 1 unit and for institution is 20 units. Minimum application for individual is Tk. 5.00 lac, and for institution is Tk. 1.00 crore. Profit rate is 1.25 times X 1 year of Mudaraba Term Deposit profit rate. Redemption policy: 20% of the total bond value to be redeemed at the end of each year starting from year two. Payment of profit: Semi annually no later than 60 days from expiry of 6 months and 12 months of each year from the date of issuance. Fund placement structure is private Placement and Listing Status is Un-Listed.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.