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 2021 (16).
- Consent from BSEC for issuance of Non-Convertible Subordinated Bond
The Company has informed that BSEC has accorded consent for raising Tier-II capital amounting BDT 500.00 Crore only through issuance of 7 years Non-Convertible Unsecured Floating Rate Subordinated Bond as per provisions of the Bangladesh Securities and Exchange Commission (Debt Securities) Rules, 2021. The purpose of issuance of the Bond is to increase the Tier-II Capital of the Bank.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.57 for July-September, 2021 as against Tk. 0.73 for July-September, 2020; Consolidated EPS was Tk. 3.13 for January-September, 2021 as against Tk. 2.33 for January-September, 2020. Consolidated NOCFPS was Tk. 17.74 for January-September, 2021 as against Tk. 11.72 for January-September, 2020. Consolidated NAV per share was Tk. 27.36 as on September 30, 2021 and Tk. 29.14 as on September 30, 2020.
- 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 28, 2021 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.
- Postponement of Board Meeting schedule under LR 16(1)
The Company has further informed that due to unavoidable circumstances, the meeting scheduled to be held on October 21, 2021 at 3:00 PM as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021, has been postponed. New date and time of the meeting will be notified later on.
- Decision to issue Perpetual Bond
The Company has informed that, the board of directors of the company has approved the issuance of Perpetual Bond amounting to BDT 700.00 crore to increase Tire-I capital of the bank, subject to the approval of relevant regulatory authorities.
- 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 21, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.
- Q2 Financials
(Continuation news of SOUTHEASTB): Reason for Significant deviation in EPS and NOCFPS: EPS increased due to increase of net interest income as well as operating income as compared to the previous period. NOCFPS increased due to decrease of net interest payment and disbursement of loans and advances, increase of deposit from others banks and interest receipts as compared to earlier period. (end)
The first part of this announcement is missing from the archive. - 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 29, 2021 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2021.
- Confirmation of share transfer by Sponsor and Directors
Mr. Azim Uddin Ahmed, one of the Sponsor Directors of the Company has further reported that he has completed his transfer of 91,54,218 shares and Mrs. Duluma Ahmed, one of the Sponsor Directors of the Company has further reported that she has completed her transfer of 8,45,454 shares of the Company to their daughter Farzana Azim, a Director of the Company, by way of gift outside the trading system of the Exchange, as per declaration disseminated on 30.06.2021.
- Confirmation of share receipt by a Sponsor Director
Mr. Md. Akikur Rahman, one of the Sponsor Directors of the Company has further reported that he has completed his receipt of 1,01,000 shares from his Son Mr. Muhammad Mezanur Rahman, General Shareholder of the Company, by way of gift outside the trading system of the Exchange as per declaration disseminated on 30.06.2021.
- Confirmation of share receipt by a Sponsor
Ms. Farzana Azim, one of the Sponsors of the Company has further reported that she has completed her receipt of 48,10,720 shares from her Brother Mr. Mamun Azim, a General Shareholder of the Company, by way of gift outside the trading system of the Exchange as per declaration disseminated on 30.06.2021.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (11.05.2021) following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.
- Dividend Declaration
The Board of Directors has recommended 10% cash dividend for the year ended on December 31, 2020. Date of AGM: 30.06.2021, Time: 11:00 AM. Venue: Digital Platform. Record date: 03.06.2021. The Company has also reported Consolidated EPS of Tk. 1.81, Consolidated NAV per share of Tk. 24.98 and Consolidated NOCFPS of Tk. 9.54 for the year ended on December 31, 2020 as against Tk. 2.11 (restated), Tk. 26.29 and Tk. 11.68 respectively for the same period of the previous year.
- Q1 Financials
(Continuation news of SOUTHEASTB): Reason for Significant deviation in EPS and NOCFPS: EPS increased due to non-requirements of provision for diminution in value of investment in shares. NOCFPS increased due to decrease of disbursement of loans and increased of borrowings as compared to last year. (end)
The first part of this announcement is missing from the archive. - Reschedule of Board Meeting under LR 19(1)
The Company has further informed that, the Board meeting under LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on May 9, 2021 at 2:30 PM instead of 1:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020. Other information of the meeting shall remain unchanged.
- Reschedule Board Meeting under LR 16(1)
The Company has further informed that the meeting as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on May 09, 2021 at 2:30 PM instead of May 09, 2021 at 1:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021. Other things of the meeting shall remain unchanged.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.