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 2016 (16).
- Category Change
The Company will be placed in 'Z' category from existing 'A' category with effect from January 01, 2017 as the Company failed to hold AGM in the year 2016.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase any security of Standard Insurance Limited with effect from January 01, 2017 as per BSEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.
- Matter of Emphasis
The auditor of the company has given the following 'Matter of Emphasis' in the audit report of the company for the year ended 31 December 2015: Matter of Emphasis: Without qualifying our opinion on financial statement we would like to emphasis on the fact stated note 2.21 regarding opinion of business which is self explanatory. Note-2.21 Operation Period: The operation had been continued from 1st January 2015 to 07th July 2015 and suspended from 08th July, 2015 to 31st December 2015 during the accounting period. Now the suspended order has been withdrawn by the respective authority (IDRA) by ref. no. IDRA/NON-LIFE/2625/2016-3005 Dated November 01, 2016.
- Suspension for Record Date
Trading of the shares of the Company will resume on 07.12.2016 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 06.12.2016.
- Spot for 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 04.12.2016 to 05.12.2016. Trading of the shares of the Company will remain suspended on record date i.e., 06.12.2016.
- Dividend Declaration
The Board of Directors has recommended 10% stock dividend for the year ended on December 31, 2015. Date of AGM: 18.01.2017, Time: 10:30 AM, Venue: Spectra Convention Centre Limited, House # 19, Road # 7, Gulshan-1, Dhaka-1212. Record Date: 06.12.2016. The Company has also reported EPS of Tk. 2.59, NAV per share of Tk. 17.91 and NOCFPS of Tk. 0.002 for the year ended on December 31, 2015.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (15.11.2016) following its corporate declaration.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.07 for July-September, 2016 as against Tk. 0.81 for July-September, 2015; NOCFPS was Tk. 0.07 for July-September, 2016 as against Tk. 1.32 for July-September, 2015. NAV per share was Tk. 17.98 as of September 30, 2016 and Tk. 17.96 as of September 30, 2015.
- Q1 Financials (Correction News)
(Correction News): (Q1 Un-audited): EPS was Tk. 0.07 for Jan-March, 2016 as against Tk. 0.81 for Jan-March, 2015; NOCFPS was Tk. 0.07 for Jan-March, 2016 as against Tk. 1.32 for Jan-March, 2015. NAV per share was Tk. 17.98 as of March 31, 2016 and Tk. 17.96 as of March 31, 2015.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.11 for April-June, 2016 as against Tk. 0.73 for April-June, 2015; EPS was Tk. 0.18 for January-June, 2016 as against Tk. 1.45 for January-June, 2015. NOCFPS was Tk. 0.11 for January-June, 2016 as against Tk. 1.94 for January-June, 2015. NAV per share was Tk. 18.09 as of June 30, 2016 and Tk. 16.77 as of June 30, 2015.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.13 for July-September, 2016 as against Tk. 0.38 for July-September, 2015; EPS was Tk. 0.32 for January-September, 2016 as against Tk. 1.83 for January-September, 2015. NOCFPS was Tk. 0.13 for January-September, 2016 as against Tk. 0.44 for January-September, 2015. NAV per share was Tk. 18.22 as of September 30, 2016 and Tk. 17.13 as of September 30, 2015.
- Board Meeting
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 November 14, 2016 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015. 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 November 14, 2016 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2016, Second Quarter (Q2) period ended on June 30, 2016 and Third Quarter (Q3) period ended on September 30, 2016.
- Issued Operating License/Registration
The Company has informed that Insurance Development & Regulatory Authority (IDRA) has issued Operating License/Registration Renewal Certificate of the Company on November 01, 2016.
- Restoration of License
The Company has informed that Insurance Development & Regulatory Authority (IDRA) had cancelled their license on 15.11.2015. In view of such cancellation of their license the company filled an Appeal Petition to the Secretary, Bank & Financial Institutions Division, Ministry of Finance, Government of the People's Republic of Bangladesh for restoration of license of the Company. The Government of the People's Republic of Bangladesh accepted the appeal and restored the license of the company.
- Rejection of Review Petition filed by the Company
With reference to the Company's earlier news (disseminated by DSE on 17.11.2015), Insurance Development & Regulatory Authority (IDRA) informed that, considering all the issues, they rejected the Review Petition filed by the Company for restoration of their license which was cancelled earlier by the IDRA due to Re-Insurance matter.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.