Southeast Bank PLC announcements
638 Dhaka Stock Exchange announcements for Southeast Bank PLC (SOUTHEASTB) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2014 (30).
- to increase the Tier-II Capital
The Company has informed that BSEC vide its letter dated November 11, 2014 has given consent to Southeast Bank Limited to raise capital amounting to Tk. 300.00 crore only through issuance of 7-year Floating Rate Non-Convertible Subordinated Bond through private placement as per provisions of the Securities and Exchange Commission (Private Placement of Debt Securities) Rules, 2012. The purpose of issuance of the Bond is to increase the Tier-II Capital of the Bank and its Issue Price will be 100% at par.
- Q3 Earnings
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported consolidated net profit after tax (excluding non-controlling interests) of Tk. 717.74 million with consolidated EPS of Tk. 0.78 as against Tk. 282.40 million and Tk. 0.31 respectively for the same period of the previous year. Whereas consolidated net profit after tax (excluding non-controlling interests) was Tk. 2,257.61 million with consolidated EPS of Tk. 2.46 for the period of nine months (Jan'14 to Sep'14) ended on 30.09.2014 as against Tk. 1,469.44 million and Tk. 1.60 respectively for the same period of the previous year.
- sponsor share buy/sell
MK Holdings Limited and Sultana Kashem, both are Corporate Sponsors/Sponsors of the Company, have further reported that they have completed their sale/buy of 10,03,042 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- trade resume
Normal trading of the shares of the Company will resume on 25.08.2014 after record date for EGM.
- trade suspension
Trading of the shares of the Company will remain suspended on record date i.e., 24.08.2014 for EGM.
- Sponsor/Director Share buy
MK Holdings Limited, one of the Corporate Sponsors of the Company, has expressed its intention to sell its entire holding of 10,03,042 shares of the Company whereas Sultana Kashem, one of the Sponsors of the Company, has expressed her intention to buy 10,03,042 shares of the Company at prevailing market price (In the Block Market) through Stock Exchange within next 30 working days.
- Spot Market Transaction
Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle from 20.08.2014 to 21.08.2014. Trading of the shares of the Company will remain suspended on record date i.e., 24.08.2014 for EGM.
- decided to increase Authorized Capital
The Company has informed that the Board of Directors has decided to increase Authorized Capital of the Company from Tk. 1,000.00 crore to Tk. 1,500.00 crore subject to approval of the shareholders in the EGM and Regulatory Authorities. Date of EGM: 18.09.2014, Time of EGM: 11:00 AM, Venue: Jalsha Ghar, Hotel Purbani International, 1, Dilkusha C/A, Dhaka-1000. Record Date for EGM: 24.08.2014.
- H/Y Earnings
(H/Y): As per un-audited half yearly accounts as on 30.06.2014 (Jan'14 to June'14), the Company has reported consolidated net profit after tax (excluding non-controlling interests) of Tk. 1,542.51 million with consolidated EPS of Tk. 1.68 as against Tk. 1,187.10 million and Tk. 1.30 respectively for the same period of the previous year. Whereas consolidated net profit after tax (excluding non-controlling interests) was Tk. 843.67 million with consolidated EPS of Tk. 0.92 for the period of 3 months (Apr'14 to June'14) ended on 30.06.2014 as against Tk. 744.45 million and Tk. 0.81 respectively for the same period of the previous year.
- Non-Convertible Subordinated Bond
The Company has informed that the Board of Directors has decided the following: "Resolved that the proposal to issue Southeast Bank 7-Year Non-Convertible Subordinated Bond with an issue price of Tk. 300.00 crore to raise capital of the Bank subject to the approval of BSEC, Bangladesh Bank and General Shareholders of the Bank in the Extra-Ordinary General Meeting (EGM) be and is hereby approved on the condition that any changes requiring in the feature of the Bond's tenor, issue size or whatsoever as deemed necessary by any regulatory advice or otherwise shall be decided by the Board of Directors of the Company. The schedule of the EGM for approval of the issue of the Subordinate Bond by the Shareholders shall be fixed and communicated later."
- Credit Rating
Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA-" in the long term and "ST-2" in the short term in consideration of financials of the Company up to December 31, 2013 (audited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Marium Alim, one of the Sponsors of the Company, has further reported that she has completed her transfer of entire hold
Marium Alim, one of the Sponsors of the Company, has further reported that she has completed her transfer of entire holding of 16,07,445 shares of the Company to her daughter Shaheda Ahmad by way of gift outside the trading system of the Exchange as announced earlier.
- Marium Alim, one of the Sponsors of the Company, has expressed her intention to transfer her entire holding of 16,07,445
Marium Alim, one of the Sponsors of the Company, has expressed her intention to transfer her entire holding of 16,07,445 shares of the Company to her daughter Shaheda Ahmad 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.
- Monzoor Ahmed Chowdhury and Ragib Ali, both are Sponsors/Directors of the Company, have further reported that they have
Monzoor Ahmed Chowdhury and Ragib Ali, both are Sponsors/Directors of the Company, have further reported that they have completed their sale/buy of 2,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Compan
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported consolidated net profit after tax (excluding non-controlling interest) of Tk. 698.84 million with consolidated basic EPS of Tk. 0.80 as against Tk. 381.01 million and Tk. 0.44 respectively for the same period of the previous year. However, considering bonus share @ 5% for the year 2013, consolidated restated basic EPS is Tk. 0.76 as on 31.03.2014 and Tk. 0.42 as on 31.03.2013.
- Monzoor Ahmed Chowdhury, one of the Sponsors of the Company, has expressed his intention to sell 2,00,000 shares out of
Monzoor Ahmed Chowdhury, one of the Sponsors of the Company, has expressed his intention to sell 2,00,000 shares out of his total holding of 14,14,190 shares of the Company whereas Ragib Ali, one of the Sponsors /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 Stock Exchange within next 30 working days.
- Best Holdings Limited, one of the Corporate Sponsors of the Company, has further reported that it has completed its buy
Best Holdings Limited, one of the Corporate Sponsors of the Company, has further reported that it has completed its buy of 10,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Best Holdings Limited, one of the Corporate Sponsors of the Company, has expressed its intention to buy 10,00,000 shares
Best Holdings Limited, one of the Corporate Sponsors of the Company, has expressed its intention to buy 10,00,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Silvana Masood Akbani, one of the Sponsors of the Company, has further reported that she has completed her buy of 1,92,0
Silvana Masood Akbani, one of the Sponsors of the Company, has further reported that she has completed her buy of 1,92,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- The Company has requested the concerned shareholders to collect their cash dividend warrants for the year 2013 from 10:0
The Company has requested the concerned shareholders to collect their cash dividend warrants for the year 2013 from 10:00 AM to 4:00 PM from the Company's share office located at Eunoos Trade Center, 52-53, Dilkusha C/A (Level-2), Dhaka-1000 on 21.04.14 (holding Folio/BOID 12014700? to 12019300?), on 22.04.14 (holding Folio/BOID 12019400? to 12028000?), on 23.04.14 (holding Folio/BOID 12028100? to 12036200?), on 24.04.14 (holding Folio/BOID 12036300? to 16056600? & all Paper shares).
- Begum Rahima Khatun Ahad, one of the Sponsors of the Company, has further reported that she has completed her transfer o
Begum Rahima Khatun Ahad, one of the Sponsors of the Company, has further reported that she has completed her transfer of 4,09,500 shares of the Company to her son Zakariya Ahad, another sponsor of the Company, by way of gift outside the trading system of the Exchange as announced earlier.
- The Company has informed that it has credited the bonus shares for the year ended on December 31, 2013 to the respective
The Company has informed that it has credited the bonus shares for the year ended on December 31, 2013 to the respective shareholders' BO Accounts on April 13, 2014.
- Silvana Masood Akbani, one of the Sponsors of the Company, has expressed her intention to buy 1,92,000 shares of the Com
Silvana Masood Akbani, one of the Sponsors of the Company, has expressed her intention to buy 1,92,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Begum Rahima Khatun Ahad, one of the Sponsors of the Company, has expressed her intention to transfer 4,09,500 shares ou
Begum Rahima Khatun Ahad, one of the Sponsors of the Company, has expressed her intention to transfer 4,09,500 shares out of her total holding of 13,12,998 shares of the Company to her son Zakariya Ahad, another sponsor of the Company, by way of gift outside the trading system of the Exchange within 30 working days from the date of issuance of approval letter by DSE.
- Normal trading of the shares of the Company will resume on 16.03.2014 after record date.
Normal trading of the shares of the Company will resume on 16.03.2014 after record date.
- Trading of the shares of the Company will remain suspended on record date i.e., 13.03.2014.
Trading of the shares of the Company will remain suspended on record date i.e., 13.03.2014.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be
Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 10.03.2014 to 12.03.2014. Trading of the shares of the Company will remain suspended on record date i.e., 13.03.2014.
- The Board of Directors has recommended 16% cash dividend and 5% stock dividend for the year ended on December 31, 2013.
The Board of Directors has recommended 16% cash dividend and 5% stock dividend for the year ended on December 31, 2013. Date of AGM: 31.03.2014, Time: 10:00 AM, Venue: Bashundhara Convention Centre-2, Block-C, Umme Kulsum Road, Bashundhara R/A, Baridhara, Dhaka-1229. Record date: 13.03.2014. The Company has also reported Consolidated EPS of Tk. 3.87, Consolidated NAV per share of Tk. 25.11 and Consolidated NOCFPS of Tk. 23.58 for the year ended on December 31, 2013.
- There will be no price limit on the trading of the shares of the Company today (04.03.2014) following its corporate decl
There will be no price limit on the trading of the shares of the Company today (04.03.2014) following its corporate declaration.
- As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on March 03, 2014 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2013.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.