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 2023 (20).
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.14 for July-September 2023 as against Tk. 0.14 for July-September 2022; Consolidated EPS is Tk. 1.23 for January-September 2023 as against Tk. 1.74 for January-September 2022. Consolidated NOCFPS was Tk. 1.98 for January-September 2023 as against Tk. 4.14 for January-September 2022. Consolidated NAV per share was Tk. 21.41 as on September 30, 2023 and Tk. 20.89 as on September 30, 2022.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended December 31, 2022 to the respective shareholders' BO Accounts.
- 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, 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.
- Alpha Credit Rating Limited (Alpha Rating) has assigned the Surveillance rating of the Company as \"AA+\" in the long te
Alpha Credit Rating Limited (Alpha Rating) has assigned the Surveillance rating of the Company as \"AA+\" in the long term and \"ST-1\" in the short term along with Stable outlook based on the audited financial statements as on December 31, 2022 and relevant qualitative information till October 09, 2023.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.29 for April-June 2023 as against Tk. 0.86 for April-June 2022; Consolidated EPS was Tk. 1.14 for January-June 2023 as against Tk. 1.68 for January-June 2022; Consolidated NOCFPS was Tk. 1.50 for January-June 2023 as against Tk. 2.81 for January-June 2022. Consolidated NAV per share was Tk. 23.22 as on June 30, 2023 and Tk. 21.93 as on June 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 July 26, 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 23.07.2023.
- Suspension for Record date
Trading of the shares of the company will be suspended on record date i.e., 20.07.2023.
- 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 18.07.2023 to 19.07.2023, and trading of the shares will remain suspended on record date i.e., 20.07.2023.
- The auditor of Sonar Bangla Insurance Ltd. has given the \"Qualified Opinion\", \"Emphasis of Matter\" & \"Other Matter\
The auditor of Sonar Bangla Insurance Ltd. has given the \"Qualified Opinion\", \"Emphasis of Matter\" & \"Other Matter\" paragraphs in the Auditor\'s Report for the year ended December 31, 2022. \"Basis for Qualified Opinion: The company had not been made any provision against WPPF the due part of its profit, for the year in relation to Workers Profit Participation Fund (WPPF) and welfare fund as required under the section 234 of the Bangladesh Labor Act 2006.\" (cont.1)
- (Continuation news of SONARBAINS): \"Emphasis of Matter: We draw attention to Note 17.01 of the financial statements whi
(Continuation news of SONARBAINS): \"Emphasis of Matter: We draw attention to Note 17.01 of the financial statements which describes matters related to the implementation of investment policies for non-life insurance companies as issued by the IDRA. Our opinion is not modified in respect of this matter.\" \"Other Matter: The financial statements of SBI Securities Limited and Sonar Bangla Capital Management Limited, (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of SONARBAINS): the subsidiaries of Sonar Bangla Insurance Limited, have been audited by G.Kibria & C
(Continuation news of SONARBAINS): the subsidiaries of Sonar Bangla Insurance Limited, have been audited by G.Kibria & Co. Chartered Accountants, who have expressed unmodified opinions on that financial statements ended 31 December, 2022 with an emphasis of matter in case of SBI Securities Limited, the contents of which are as follows: The company should make disclosure relating to Related Parties\' disclosure as per IAS 24: Related Party Disclosure. (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of SONARBAINS): The company should submit Income Tax Return in compliance with the Income Tax ordinan
(Continuation news of SONARBAINS): The company should submit Income Tax Return in compliance with the Income Tax ordinance, 1984. and in both of the cases auditor\'s opinion is not modified in these matters.\" Note # 17.01 Government Treasury Bond: The balance of Government Treasury Bond as on 31 December 2022 and 31 December 2021 was BDT 25,000,000 and BDT 25,000,000 respectively. (cont.4)
The first part of this announcement is missing from the archive. - Qualified Opinion, Emphasis of Matter & Other Matter
(Continuation news of SONARBAINS): This represents the value of Government Treasury Bond lying with Bangladesh Bank as statutory deposit required Section-7(1) of Insurance Act, 2010. (end)
The first part of this announcement is missing from the archive. - Dividend Declaration
The Board of Directors has recommended 10% cash and 5% stock dividend for the year ended December 31, 2022. Date of AGM: 21.09.2023, Time: 11:00 AM, Venue: Digital Platform. Record Date: 20.07.2023. The Company has also reported Consolidated EPS of Tk. 2.03, Consolidated NAV per share of Tk. 21.93 and Consolidated NOCFPS of Tk. 2.97 for the year ended December 31, 2022 as against Tk. 2.05, Tk. 21.10 and Tk. 2.77 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 (14.06.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.85 for January-March 2023 as against Tk. 0.82 for January-March 2022. Consolidated NOCFPS was Tk. 0.32 for January-March 2023 as against Tk. 2.81 for January-March 2022. Consolidated NAV per share was Tk. 22.83 as on March 31, 2023 and Tk. 21.93 as on March 31, 2022.
- 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, 2023 at 10:00 PM to consider, among others, audited financial statements of the company for the year ended December 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 June 13, 2023 at 10:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023.
- Appointment of Chief Executive Officer
The company has informed that Mr. Md. Shamsul Huda has been appointed as the new Chief Executive Officer of the company for three years.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.