Sonar Bangla Insurance Limited announcements
326 Dhaka Stock Exchange announcements for Sonar Bangla Insurance Limited (SONARBAINS) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (19).
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.14 for July-September 2022 as against Tk. 0.06 for July-September 2021; Consolidated EPS is Tk. 1.82 for January-September 2022 as against Tk. 1.97 for January-September 2021. Consolidated NOCFPS was Tk. 4.35 for January-September 2022 as against Tk. 3.43 for January-September 2021. Consolidated NAV per share was Tk. 21.69 as on September 30, 2022 and Tk. 21.10 as on September 30, 2021.
- 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, 2022 at 2:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2022.
- Alpha Credit Rating Limited (AlphaRating) has rated the Company as \"AA+\" in the long term and \"ST-1\" in the short te
Alpha Credit Rating Limited (AlphaRating) has rated the Company as \"AA+\" in the long term and \"ST-1\" in the short term along with a Stable outlook based on audited financial statements of the Company as on December 31, 2021 and relevant qualitative information till October 15, 2022.
- Buy Confirmation of a Sponsor Director
Mr. Sheikh Kabir Hossain, one of the Sponsor Directors of the Company, has further informed that he has completed his buying of 2,00,000 shares of the Company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 12.09.2022.
- Buy Declaration of a Sponsor Director
Mr. Sheikh Kabir Hossain, one of the Sponsor Directors of the Company, has expressed his intention to buy 2,00,000 shares of the Company at prevailing market price (in the Block Market) through Dhaka Stock Exchange within next 30 working days.
- Resumption after record date
Trading of the shares of the company will resume on 28.08.2022 after record date.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 25.08.2022.
- 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 23.08.2022 to 24.08.2022 and trading of the shares will remain suspended on record date i.e., 25.08.2022.
- The auditor of the Sonar Bangla Insurance Ltd. has given the \"Qualified Opinion\" & \"Emphasis of matter\" paragraphs i
The auditor of the Sonar Bangla Insurance Ltd. has given the \"Qualified Opinion\" & \"Emphasis of matter\" paragraphs in the audited financial statements for the year ended December 31, 2021. Basis for Qualified Opinion: 1. The Company did not set aside due part of its profit for the year in relation to Workers Profit Participation Fund (WPPF) and welfare fund as required under the Bangladesh Labor Act 2006. Emphasis of Matter: 1. We draw attention to Note 11 of the financial statements, (cont.)
- Qualified Opinion & Emphasis of matters
(Continuation news of SONARBAINS): which describes matters related to implementation of investment policy for non-life insurance companies as issued by the IDRA. Our opinion is not modified in respect of this matter. Note 11 INVESTMENT OF STATUTORY DEPOSIT: 25,000,000/-: This represents the amount invested as statutory deposit under Insurance Act, 2010. (end)
The first part of this announcement is missing from the archive. - Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.86 for April-June 2022 as against Tk. 0.46 for April-June 2021; Consolidated EPS was Tk. 1.68 for January-June 2022 as against Tk. 1.85 for January-June 2021. Consolidated NOCFPS was Tk. 2.81 for January-June 2022 as against Tk. 2.76 for January-June 2021. Consolidated NAV per share was Tk. 23.20 as on June 30, 2022 and Tk. 21.60 as on June 30, 2021.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.82 for January-March 2022 as against Tk. 1.39 for January-March 2021. Consolidated NOCFPS was Tk. 2.81 for January-March 2022 as against Tk. 0.79 for January-March 2021. Consolidated NAV per share was Tk. 21.90 as on March 31, 2022 and Tk. 21.12 as on March 31, 2021.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (31.07.2022) following its corporate declaration.
- Dividend Declaration
The Board of Directors has recommended 15% cash dividend for the year ended December 31, 2021. Date of AGM: 29.09.2022, Time: 11:00 AM, Venue: Digital Platform. Record Date: 25.08.2022. The Company has also reported Consolidated EPS of Tk. 2.05, Consolidated NAV per share of Tk. 21.10 and Consolidated NOCFPS of Tk. 2.77 for the year ended December 31, 2021 as against Tk. 2.09 (restated), Tk. 19.62 (restated) and Tk. 3.66 (restated) respectively for the same period of the previous year.
- 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 July 28, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2021.
- 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 28, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2022 and Second Quarter (Q2) period ended June 30, 2022.
- Query Response
In response to a DSE query dated June 06, 2022, 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.
- Transmission of Deceased Sponsor Director's shares to her nominee
The Company has informed that Mrs. Nargis Akhter, one of the Sponsor Directors of the Company passed away on 30.03.2021. Her present holding is 8,59,598 shares and these shares will be transmitted to the account of her nominee Mr. Abdul Quayum (spouse of late Mrs. Nargis Akhter) by way of nomination.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.