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 2017 (17).
- Issuing Non Convertible Subordinated Bond & forming a Subsidiary
The Company has informed that The Board of Directors has adopted the resolution for the issuance of Southeast Bank 7 years Non Convertible Subordinated Bond with an issue price of Tk. 500.00 crore to raise Tier-II Capital of the Bank. The Board has also decided 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. (Cont.) (Continuation news of SOUTHEASTB): The Board has also adopted the resolution for formation of a Subsidiary Company of the Bank in the name and style "SEBL Asset Management Limited" for offering Asset Management Services. (end)
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 1.29 for July-September, 2017 as against Tk. 1.07 for July-September, 2016; Consolidated EPS was Tk. 2.58 for January-September, 2017 as against Tk. 2.49 for January-September, 2016. Consolidated NOCFPS was Tk. (5.66) for January-September, 2017 as against Tk. 14.75 for January-September, 2016. Consolidated NAV per share was Tk. 29.35 as on September 30, 2017 and Tk. 29.47 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 29, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2017.
- Non consideration of Rights issuance by BSEC
The Company has informed that Bangladesh Securities and Exchange Commission (BSEC) has informed that they are not in a position to consider the Rights issuance of shares of the Company at this stage.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.34 for April-June, 2017 as against Tk. 0.83 for April-June, 2016; Consolidated EPS was Tk. 1.29 for January-June, 2017 as against Tk. 1.42 for January-June, 2016. Consolidated NOCFPS was Tk. (4.53) for January-June, 2017 as against Tk. 5.66 for January-June, 2016. Consolidated NAV per share was Tk. 28.11 as of June 30, 2017 and Tk. 28.73 as of December 31, 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 25, 2017 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2017.
- Dividend Disbursement
The Company has informed that it has disbursed cash dividend warrants for the year ended on December 31, 2016.
- Appointment of Managing Director
The Company has informed that Mr. M. Kamal Hossain has been appointed as the Managing Director of the Company with effect from June 20, 2017.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA" in the long term and "ST-2" in the short term along with a stable outlook in consideration of its audited financials up to December 31, 2016 and unaudited financials up to March 31, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.96 for January-March, 2017 as against Tk. 0.59 for January-March, 2016. Consolidated NOCFPS was Tk. 1.19 for January-March, 2017 as against Tk. (1.01) for January-March, 2016. Consolidated NAV per share was Tk. 30.20 as of March 31, 2017 and Tk. 30.31 as of March 31, 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 May 14, 2017 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2017.
- Resumption after Record Date
Trading of the shares of the Company will resume on 30.04.2017 after record date for EGM & AGM.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 27.04.2017 for AGM & EGM.
- Spot News for EGM & AGM
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 25.04.2017 to 26.04.2017. Trading of the shares of the Company will remain suspended on record date i.e., 27.04.2017 for EGM & AGM. Another record date for entitlement of the proposed rights shares will be notified later after obtaining approval from BSEC.
- Dividend, Right Declaration & formation of a subsidiary Company
The Board of Directors has recommended 20% cash dividend for the year ended on December 31, 2016. The Board has also decided to issue Rights shares at the rate of 1R:2 (i.e. one Rights share for 2 shares held) at an issue price of Tk. 12.50 including premium of Tk. 2.50 per share subject to approval of shareholders in the EGM and Regulatory Authorities. (cont. 1) (continuation news of SOUTHEASTB): The Company has also reported Consolidated EPS of Tk. 2.66, Consolidated NAV per share of Tk. 28.93 and Consolidated NOCFPS of Tk. 12.57 for the year ended on December 31, 2016 as against Tk. 3.35, Tk. 29.67 and Tk. 3.85 respectively for the same period of the previous year. Another record date for entitlement of the proposed rights shares will be notified later after obtaining approval from BSEC. (end) (continuation news of SOUTHEASTB): The Board has also approved to form a fully owned Subsidiary Company to run the Bank's Mobile Financial Services brand named "Telecash" subject to approval from the Regulatory Authorities and Shareholders in the EGM. Date of EGM & AGM: 22.05.2017, Time of EGM & AGM: 10:30 AM & 11:00 AM respectively, Venue: Officers' Club, 26, Baily Road, Dhaka. Record date for EGM & AGM: 27.04.2017. (cont. 2)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (09.04.2017) 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 April 08, 2017 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2016.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.