Union Bank PLC. announcements
91 Dhaka Stock Exchange announcements for Union Bank PLC. (UNIONBANK) since 2022: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (21).
- (Q3 Un-audited): EPS was Tk. (0.77) for July-September, 2024 as against Tk. 0.52 for July-September, 2023; EPS was Tk. 0
(Q3 Un-audited): EPS was Tk. (0.77) for July-September, 2024 as against Tk. 0.52 for July-September, 2023; EPS was Tk. 0.14 for January-September, 2024 as against Tk. 1.35 for January-September, 2023. NOCFPS was Tk. (19.50) for January-September, 2024 as against Tk. 5.31 for January-September, 2023. NAV per share was Tk. 15.41 as on September 30, 2024 and Tk. 15.89 as on September 30, 2023. (cont.)
- Q3 Financials
(Continuation news of UNIONBANK): Reasons for deviation in EPS and NOCFPS: EPS has been decreased due to low profitability compared to previous period. NOCFPS has been decreased mainly due to increase in investment and decrease in other assets. (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 October 31, 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.
- Change of Managing Director of the company
The company has informed that Mr. Shafiuddin Ahmed has been assigned as Managing Director (Current Charge) of the company in addition to his current duties as Deputy Managing Director with effect from October 09, 2024.
- The company has informed that the existing Board of Directors of the company has been dissolved with immediate effect. B
The company has informed that the existing Board of Directors of the company has been dissolved with immediate effect. Bangladesh Bank has formed a new Board of Directors consisting 05 (Five) Independent Directors vide a letter dated August 27, 2024. The list containing name & identity and position of the new Board of Directors is as follows: 01. Mr. Md. Fariduddin Ahmed, Former Managing Director, Islami Bank Bangladesh PLC., Chairman/ Independent Director, (cont.)
- Regarding newly formed Board of Directors of the company
(Continuation news of UNIONBANK): 02. Mr. Mohd. Humayun Kabir, Former Executive Director, Bangladesh Bank, Independent Director, 03. Mr. Mohammad Saiful Alam, Former Deputy Managing Director, RAKUB, Independent Director, 04. Mr. Dr. Md. Shahidul Islam Zahid, Professor, Department of Banking and Insurance, DU, Independent Director and 05. Mr. Sheikh Zahidul Islam FCA, Chartered Accountant, Independent Director (end)
The first part of this announcement is missing from the archive. - Postponement of AGM of the company
Refer to their earlier news disseminated by DSE on 28.04.2024 regarding dividend declaration, the company has further informed that the Board of Directors of the company has decided to postpone the 11th Annual General Meeting (AGM) scheduled to be held on August 12, 2024 at 11.30 AM by using Hybrid Platform due to unavoidable circumstances. The date and time of the forthcoming 11th Annual General Meeting will be notified later.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.55 for April-June 2024 as against Tk. 0.48 for April-June 2023; EPS was Tk. 0.92 for January-June 2024 as against Tk. 0.84 for January-June 2023. NOCFPS was Tk. 4.07 for January-June 2024 as against Tk. 5.70 for January-June 2023. NAV per share was Tk. 16.16 as on June 30, 2024 and Tk. 15.56 as on June 30, 2023. NOCFPS has been decreased due to increase in investment and other assets.
- 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 03:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- Regarding the Venue, Mode and Time of 11th AGM of the company
Refer to their earlier news disseminated by DSE on 28.04.2024 regarding dividend declaration, the company has further informed that the 11th AGM of the company will be held at Banani DOHS Community Center, Dhaka Cant., Dhaka 1206 by using Hybrid Platform (Both Physical and Online). Time of the AGM: 11:30 AM. Link of AGM: https://unionbank.digitalagmbd.net.
- Regarding Time Extension for Utilization of IPO Proceeds
The company has informed that the Board of Directors has recommended to extend the time of full utilization of Initial Public Offering (IPO) fund proceeds till June 30, 2025 which will be presented in 11th AGM for approval of shareholders. Due to unavoidable circumstances the remaining amount of Investment in Capital Market could not be properly utilized within the timeline as per Prospectus.
- Credit Rating Result
Alpha Credit Rating Limited has assigned Surveillance rating of the Company as "A+" in the long term and "ST-2" in the short term along with Stable outlook based on audited financial statements up to December 31, 2023 and relevant qualitative information till June 12, 2024.
- Resumption after record date
Trading of the shares of the company will resume on 09.06.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 06.06.2024.
- 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 04.06.2024 to 05.06.2024 and trading of the shares will remain suspended on record date i.e., 06.06.2024.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.37 for January-March 2024 as against Tk. 0.36 for January-March 2023. NOCFPS was Tk. (4.39) for January-March 2024 as against Tk. 4.69 for January-March 2023. NAV per share was Tk. 16.12 as on March 31, 2024 and Tk. 15.83 as on March 31, 2023. The Company has also informed that NOCFPS has been decreased due to increase in investment and decrease in deposit.
- Dividend Declaration
The Board of Directors has recommended 5% cash dividend for the year ended December 31, 2023. Date of AGM: 12.08.2024. Mode of AGM, Venue, Time and Link will be notified later. Record Date: 06.06.2024. The Company has also reported EPS of Tk. 1.58, NAV per share of Tk. 16.03, and NOCFPS of Tk. (0.27) for the year ended December 31, 2023 as against Tk. 1.57, Tk. 15.82 and Tk. (13.81) respectively for the year ended December 31, 2022.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.04.2024) following its corporate declaration.
- Update of Information
The company has requested the shareholders to update their respective BO account along with Bank account details, address. contact numbers, mailing address and 12 digits Taxpayer Identification Number (TIN) through Depository Participant before the Record Date (i.e. on June 06, 2024). The company has also requested the shareholders to update their email addresses through respective Depository Participant.
- 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 04:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
- 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 April 25, 2024 at 04:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.