Standard Insurance PLC. announcements
274 Dhaka Stock Exchange announcements for Standard Insurance PLC. (STANDARINS) since 2008: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (12).
- Cancellation of License by IDRA
The Company has informed that Insurance Development and Regulatory Authority (IDRA) has cancelled the License of the Company due to Re-Insurance matter and stopped all transaction of the Company. In view of such cancellation, the Company is going to file Review Petition immediately to the concerned authority for restoration of License of the Company.
- Q3 Financials
EPS was Tk. 0.38 for July-September, 2015 as against Tk. 0.71 for July-September, 2014; EPS was Tk. 1.83 for January-September, 2015 as against Tk. 2.06 for January-September, 2014. NOCFPS was Tk. 0.44 for January-September, 2015 as against Tk. 5.93 for January-September, 2014. NAV per share was Tk. 17.13 as of September 30, 2015 and Tk. 15.14 as of December 31, 2014.
- Confirmation of sale by a Sponsor
Harun-Or-Rashid, one of the Sponsors of the Company, has further reported that he has completed his sale of 16,96,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Q2 Financials
EPS for April-June, 2015 was Tk. 0.73 as against Tk. 0.78 for April-June, 2014, EPS for Jan-June, 2015 was Tk. 1.45 as against Tk. 1.50 for Jan-June, 2014. NOCFPS was Tk. 1.94 for Jan-June, 2015 as against Tk. 5.60 for Jan-June, 2014. NAV per share was Tk. 16.77 as of June 30, 2015 and Tk. 16.16 as of June 30, 2014.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on December 31, 2014 to the respective shareholders BO Accounts on June 25, 2015. The shareholders who have not yet provided their BO account number are requested to provide the same in order to credit the bonus share. The payment of sale processed of fractional bonus shares will be made in proportion to their entitlement in due course.
- Resumption News after Record Date
Normal trading of the shares of the Company will resume on 17.05.2015 after record date.
- Suspension News for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 14.05.2015.
- Q1 Financials
Net Profit after tax from Jan15 to March15 was Tk. 21.29 million with basic EPS of Tk. 0.81 as against Tk. 19.08 million and Tk. 0.72 respectively for the same period of the previous year. However, considering proposed bonus share 12% for the year 2014, restated basic EPS will be Tk. 0.72 as on 31.03.2015 and Tk. 0.65 as on 31.03.2014.
- Spot News for AGM
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 12.05.2015 to 13.05.2015. Trading of the shares of the Company will remain suspended on record date i.e., 14.05.2015.
- Dividend Declaration
The Board of Directors has recommended 12% stock dividend for the year ended on December 31, 2014. Date of AGM: 16.06.2015, Time: 10:30 AM, Venue: Spectra Convention Centre Limited, House 19, Road 7, Gulshan-1, Dhaka-1212. Record Date: 14.05.2015. The Company has also reported EPS of Tk. 2.66, NAV per share of Tk. 17.15 and NOCFPS of Tk. 4.79 for the year ended on December 31, 2014.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.04.2015) following its corporate declaration.
- Board Meeting
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on April 27, 2015 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2014.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.