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 2024 (32).
- Appointment of Company Secretary
The Company has informed that Mr. Mamunur Rashid, FCS has been appointed as the Company Secretary of the company with effect from November 12, 2024.
- Buy Confirmation of a Sponsor Director
Ms. Jusna Ara Kashem, a Sponsor Director of the Company, has further informed that she has completed her buying of 13,00,000 shares of the company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated on 17.10.2024.
- (Q3 Un-audited): Consolidated EPS was Tk. 0.26 for July-September 2024 as against Tk. 0.86 (restated) for July-September
(Q3 Un-audited): Consolidated EPS was Tk. 0.26 for July-September 2024 as against Tk. 0.86 (restated) for July-September 2023; Consolidated EPS was Tk. 1.17 for January-September 2024 as against Tk. 2.25 (restated) for January-September 2023. Consolidated NOCFPS was Tk. (1.96) for January-September 2024 as against Tk. 21.03 for January-September 2023. Consolidated NAV per share was Tk. 24.38 as on September 30, 2024 and Tk. 25.70 as on September 30, 2023. (cont.)
- Q3 Financials
(cont. news SOUTHEASTB): EPS decreased due to increase of provision against loans and diminution in value of investments. NOCFPS decreased due to increase in disbursement of loans & advances and decrease in borrowings from other banks. (end)
The first part of this announcement is missing from the archive. - Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2023 to the respective shareholders.
- 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, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- Buy Declaration of a Sponsor Director
Ms. Jusna Ara Kashem, a Sponsor Director of the Company, has expressed her intention to buy 13,00,000 shares of the Company at prevailing market price (in the Public Market) through Dhaka Stock Exchange PLC. within October 31, 2024.
- Sale Confirmation of a Sponsor
Mrs. Rehana Kashem, one of the Sponsors of the company, has further informed that she has completed her sale of 7,00,000 shares of the Company at prevailing market price through Dhaka Stock Exchange Limited as per declaration disseminated on 06.10.2024.
- Sale declaration of a Sponsor
Mrs. Rehana Kashem, a Sponsor of the company, has expressed her intention to sell 7,00,000 shares out of her holding of 70,24,027 shares of the Company at prevailing market price (In the Public/Block Market) through Dhaka Stock Exchange PLC. (DSE) within October 31, 2024.
- Dividend Disbursement
The Company has informed that it has credited the Bonus Shares for the year ended December 31, 2023 to the respective shareholders' BO Accounts.
- Election of Chairman
The company has informed that the Board of Directors has elected Mr. M. A. Kashem as the Chairman of the Board of Directors of the company.
- Reschedule of 29th AGM date of the company
Refer to their earlier news disseminated by DSE on 07.08.2024 regarding postponement of AGM, the company has further informed that the AGM of the company will be held on September 25, 2024 at 11:00 AM through virtually by using digital platform. All other information contained in the 29th AGM notice shall remain unchanged.
- Postponement of 29th AGM
Refer to their earlier news disseminated by DSE on 02.05.2024 regarding dividend declaration, the company has further informed that the 29th AGM of the company scheduled to be held on August 12, 2024 at 11:00 AM through virtually by using Digital Platform has been postponed due to unavoidable circumstances. The date and time of the forthcoming 29th AGM will be notified later.
- (Q2 Un-audited): Consolidated EPS was Tk. 0.23 for April-June 2024 as against Tk. 0.30 (restated) for April-June 2023; C
(Q2 Un-audited): Consolidated EPS was Tk. 0.23 for April-June 2024 as against Tk. 0.30 (restated) for April-June 2023; Consolidated EPS was Tk. 0.95 for January-June 2024 as against Tk. 1.44 (restated) for January-June 2023; Consolidated NOCFPS was Tk. 2.07 for January-June 2024 as against Tk. 16.69 for January-June 2023. Consolidated NAV per share was Tk. 25.73 as on June 30, 2024 and Tk. 26.36 as on June 30, 2023. Reasons for deviation in EPS and NOCFPS: (cont.)
- Q2 Financials
(Continuation news of SOUTHEASTB): EPS decreased due to increase of provision against loans and diminution in value of investments as compared to previous period. NOCFPS decreased due to increase of disbursement of loans & advances and decreased of borrowings from other banks as compared to earlier period. (end)
The first part of this announcement is missing from the archive. - Change of Board Meeting Time under LR 16(1)
The Company has further informed that, the meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on July 30, 2024 at 02:30 PM instead of 03:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- 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 30, 2024 at 03:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has assigned rating of 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, 2023, also unaudited financials up to June 30, 2024 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Resumption after Record date
Trading of the shares of the company will resume on 11.06.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 10.06.2024.
- 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 06.06.2024 to 09.06.2024 and trading of the shares will remain suspended on record date i.e., 10.06.2024.
- BSEC consent for issuance of 4% stock dividend
Refer to their earlier news disseminated by DSE on 02.05.2024 regarding dividend declaration, the company has informed that BSEC has accorded its consent for issuance of 4% Stock Dividend (Bonus Shares) for the year ended December 31, 2023.
- (Q1 Un-audited): Consolidated EPS was Tk. 0.72 for January-March 2024 as against Tk. 1.14 (restated) for January-March 2
(Q1 Un-audited): Consolidated EPS was Tk. 0.72 for January-March 2024 as against Tk. 1.14 (restated) for January-March 2023. Consolidated NOCFPS was Tk. 5.66 for January-March 2024 as against Tk. 16.97 for January-March 2023. Consolidated NAV per share was Tk. 25.56 as on March 31, 2024 and Tk. 26.05 as on March 31, 2023. (cont.)
- Q1 Financials
(Continuation news of SOUTHEASTB): Reasons for deviations in EPS and NOCFPS: EPS has decreased due to increase of provision against loans and diminution in value of investments as compared to previous period. NOCFPS has decreased due to increase of disbursement of loans and advances and decreased of borrowing from other banks 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 May 09, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
- The Board of Directors has recommended 6\% cash and 4\% stock dividend for the year ended December 31, 2023. The stock d
The Board of Directors has recommended 6\% cash and 4\% stock dividend for the year ended December 31, 2023. The stock dividend is subject to the approval from BSEC. Date of AGM: 12.08.2024, Time: 11:00 AM. Venue: Digital Platform. Record date: 10.06.2024. The Company has also reported Consolidated EPS of Tk. 1.66, Consolidated NAV per share of Tk. 24.92 and Consolidated NOCFPS of Tk. 13.38 for the year ended December 31, 2023 as against (cont.1)
- (Cont. news of SOUTHEASTB): Tk. 1.36 (restated), Tk. 24.87 and Tk. (13.17) respectively for the year ended December 31,
(Cont. news of SOUTHEASTB): Tk. 1.36 (restated), Tk. 24.87 and Tk. (13.17) respectively for the year ended December 31, 2022. The Company also informed that- i) Stock Dividend has been recommended to strengthen the capital base of the Company to comply with the regulatory requirements and to support the business growth. ii) Stock Dividend is declared out of accumulated profit. iii) Stock Dividend is not declared from capital reserve or revaluation reserve (cont.2)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Cont. news of SOUTHEASTB): or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance. NOCFPS increased due to increase of deposit from customers and interest income receipt on loans and advances. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (02.05.2024) following its corporate declaration.
- Consent of Bangladesh Bank for declaring dividend
The company has informed that Bangladesh Bank has given consent to the company for declaring dividend for the year ended December 31, 2023 in accordance with DOS Circular no. 01 dated 07 February, 2021 of Bangladesh Bank.
- 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 be held on April 30, 2024 at 4:00 PM instead of April 25, 2024 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
- 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 25, 2024 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.