Sikder Insurance Company Limited announcements
74 Dhaka Stock Exchange announcements for Sikder Insurance Company Limited (SICL) since 2024: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (26).
- Reschedule of AGM Date
Refer to the earlier news of the company disseminated by DSE on 25.09.2024, the company has further informed that the 11th AGM of the company will be held on December 24, 2024 at 10.30 A.M. using Hybrid System i.e. physical presence at Corporate address (295/Ja/14, Rayer Bazar, Monica Estate, Dhaka-1209, BD.) and also Virtually through the following link: https://sikderinsurance.bdvirtualagm.com by using digital platform.
- Decision to propose investing the unused Floor Purchase Fund into BGTB
The company has informed that the Board of Directors of the company in its meeting held on December 03, 2024 resolved to take the following action: In accordance with the Initial Public Offering (IPO) prospectus, the Floor Purchase Fund remains unused to date. The Board has therefore decided to propose investing the unused Floor Purchase Fund into Bangladesh Government Treasury Bond (BGTB), as outlined in Part-C, Clause-6 of the consent letter, subject to approval from General Meeting and BSEC.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.38 for July-September 2024 as against Tk. 0.33 (restated) for July-September 2023; EPS was Tk. 0.77 for January-September 2024 as against Tk. 0.67 (restated) for January-September 2023. NOCFPS was Tk. 0.08 for January-September 2024 as against Tk. 0.17 (restated) for January-September 2023. NAV per share was Tk. 17.84 as on September 30, 2024 and Tk. 19.57 (restated) as on December 31, 2023.
- 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, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- Regarding postponement of 11th Annual General Meeting
Refer to their earlier news disseminated by DSE on 19.06.2024 regarding AGM date, the company has further informed due to unavoidable reason, the 11th AGM of the company which was scheduled to be held on September 26, 2024 at 11:00 am has been postponed. The date, place and time will be notified very soon.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.44 for January-June 2024 as against Tk. 0.43 (restated) for January-June 2023. NOCFPS was Tk. 0.02 for January-June 2024 as against Tk. 0.24 (restated) for January-June 2023. NAV per share was Tk. 21.15 as on June 30, 2024 and Tk. 21.92 (restated) as on December 31, 2023.
- Q2 Financials (Additional Information)
(Q2 Un-audited): The company has further informed that EPS was Tk. 0.22 for April-June 2024 as against Tk. 0.25 (restated) for April-June 2023.
- Resumption after Record Date
Trading of the shares of the company will resume on 29.07.2024.
- 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, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 28.07.2024.
- Spot News
Due to unavoidable circumstances the record date of the company has been shifted to 28.07.2024. Hence, 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 24.07.2024 to 25.07.2024 and trading of the shares will remain suspended on record date i.e., 28.07.2024.
- Emphasis of Matter
The auditor of the company has given the "Emphasis of Matter" paragraphs in the Auditor's Report of the company for the year ended December 31, 2023. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/june/SICL_2023.pdf
- Dividend Declaration
The Board of Directors has recommended 3% Cash Dividend for the year ended December 31, 2023. Date of AGM: 26.09.2024, Time: 11:00 AM, AGM mode: Hybrid System (through Physical presence and Digital platform virtually). Record date: 25.07.2024. The Company has also reported EPS of Tk. 1.34, NAV per share of Tk. 30.49 and NOCFPS of Tk. 0.36 for the year ended December 31, 2023 as against Tk. 1.22, Tk. 28.73 and Tk. 2.27 respectively for the year ended December 31, 2022.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (19.06.2024) 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 June 13, 2024 at 03:15 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.28 for January-March 2024 as against Tk. 0.21 (restated) for January-March 2023; NOCFPS was Tk. 0.84 for January-March 2024 as against Tk. 0.27 (restated) for January-March 2023. NAV per share was Tk. 26.65 as on March 31, 2024 and Tk. 30.02 as on December 31, 2023.
- 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 14, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
- Credit Rating Result
ARGUS Credit Rating Services Limited (ACRSL) has announced the CPA (Claim Paying Ability) Rating of Sikder Insurance Company Limited as "AA-" for Long Term and "ST-2" for Short Term in consideration of financials of the company up to December 31, 2022 (audited), Q2FY23 (unaudited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Matter of Emphasis
The auditor of the company has given the "Matter of Emphasis" paragraph in the Auditor's Report of the company for the year ended December 31, 2022. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/mar/Sikder%20Insurance%20Company%20Limited-2022.pdf
- Query Response
In response to the DSE query dated February 04, 2024, 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.
- Trading of shares of Sikder Insurance Company Limited will start at DSE from today i.e., January 24, 2024 under \'N\' ca
Trading of shares of Sikder Insurance Company Limited will start at DSE from today i.e., January 24, 2024 under \'N\' category. DSE Trading Code for Sikder Insurance Company Limited is \"SICL\" and DSE Company Code is \"25758\" under \'Insurance\' sector.
- Sikder Insurance Company Limited (Q3): As per un-audited Q3 financial statements, profit after tax was BDT 8.77 million
Sikder Insurance Company Limited (Q3): As per un-audited Q3 financial statements, profit after tax was BDT 8.77 million and basic EPS of BDT 0.37 for the 3 (three) months (July - September 2023) period ended on 30 September 2023 as against profit after tax of BDT 7.77 million and basic EPS of BDT 0.32 for the same period of the previous year. (cont.1)
- (Cont. news of Un-audited Q3 Financials of Sikder Insurance Company Limited): However, Post-IPO basic EPS for the 03 (th
(Cont. news of Un-audited Q3 Financials of Sikder Insurance Company Limited): However, Post-IPO basic EPS for the 03 (three) months (July - September 2023) period ended on 30 September 2023 would be BDT 0.22. Moreover, profit after tax was BDT 27.96 million and basic EPS of BDT 1.17 for the 09 (nine) months (January - September 2023) period ended on 30 September 2023 as against profit after tax of BDT 23.26 million and basic EPS of BDT 0.97 for (cont.2)
The first part of this announcement is missing from the archive. - (Cont. news of Un-audited Q3 Financials of Sikder Insurance Company Limited): the same period of the previous year. Howe
(Cont. news of Un-audited Q3 Financials of Sikder Insurance Company Limited): the same period of the previous year. However, Post-IPO EPS would be BDT 0.70 for 09 (nine) months (January - September 2023) period ended on 30 September 2023. Pre-IPO Net Asset Value (NAV) per share (considering Pre-IPO paid up shares) would be BDT 29.90 as on 30 September 2023 and the same would be BDT 21.94 (considering Post-IPO paid up shares). (cont.3)
The first part of this announcement is missing from the archive. - Un-audited Q3 Financials of Sikder Insurance Company Limited
(Cont. news of Un-audited Q3 Financials of Sikder Insurance Company Limited): Pre-IPO weighted average paid-up number of shares for 03 (three) months (July - September 2023) and 09 (nine) months (January - September 2023) period ended on 30 September 2023 was 24,000,000 which was same for the same period of the previous year and Post-IPO paid-up number of shares would be 40,000,000. (end)
The first part of this announcement is missing from the archive. - Prohibition on providing loan facilities to purchase securities
DSE NEWS: The Stock Brokers, Merchant Bankers and Portfolio Managers are requested to abstain from providing loan facilities to purchase securities of Sikder Insurance Company Limited in between 1st to 30th trading day starting from today i.e., January 24, 2024 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.