News on 21 March 2010

Audited Accounts of SEBNK [Mar 21 2010 3:44PM]

As per audited accounts of Southeast Bank Ltd for the yr.ended 31 Dec'09, OP=4,614.66m,NPAT=1,870.19m & EPS=54.64 as against corresponding yr. end's figure of 3012.58m, 887.24m & 25.92 in Tk respectively. However, considering 35% bonus share declared for the year 2009,diluted EPS stand at Tk40.47 at 31 Dec'09 &Tk.19.20 at 31 Dec'08. Also note that as per the said accounts, Statutory Reserve=Tk.2,665.61m, General Reserve=Tk.247.65m & Retained Earnings=Tk.1,278.87m.

SEC's time extension for GP [Mar 21 2010 3:22PM]

SEC has further informed that the time for submission of the enquiry report on unusual trading in shares of Grameenphone Ltd. has been extended up to 31 March 2010.

Independent Director of GP [Mar 21 2010 3:23PM]

Grameenphone Ltd. has informed that the Board of Directors of the Co. has appointed Dr. Jamaluddin Ahmed FCA as Independent Director to the Board of Directors of the Co.

Venue of EGM & AGM of CONTI [Mar 21 2010 3:30PM]

Continental Insurance Ltd. has further informed that EGM &AGM of the Co. will be held on 26 May 2010 at 10:30am & 11:00 am respectively at Auditorium Hall (Shahid A.K.M. Shamsul Haque Khan Memorial Hall) of BIAM Foundation, 63, New Eskaton, Dhaka. Other information of EGM & AGM will remain unchanged as announced earlier.

Audited Accounts of LNKBF [Mar 21 2010 2:58PM]

As per Consolidated audited accounts of LankaBangla Finance Ltd for the yr.ended 31 Dec'09, Operating Income=1,490.46m,OP=1,064.68m,NPAT=744.08m& EPS=16.81 as against corresponding yr. end's figure of 835.18m,570.55m,377.64m&8.53 in Tk respectively. However, considering 20% bonus share declared for the year 2009, diluted EPS stand at Tk. 14.00 at 31 Dec'09 & Tk. 7.11 at 31 Dec'08. Also note that as per the said accounts, Statutory Reserve= Tk. 140.58m & Retained Earnings=Tk.865.33m.

Only Spot Trade on CNFCM tomorrow [Mar 21 2010 3:03PM]

Please find ONLY SPOT Trade will be allowed on the trading of the shs of Confidence Cement Ltd. from tomorrow 22 to 24 March 2010 as the Record Date of the Co is on 25 March 2010.

Refund Warrants of ACI 20% Zero Coup.Bo[Mar 21 2010 2:52PM]

ACI Ltd has informed that using online banking facilities the cash refund of 23,300 unsuccessful applicants of ACI 20% Convertible Zero Coupon Bonds were transferred to their bank accounts. In addition, Refund Warrants of around 2,95,420 applicants (resident & non-resident) were delivered by hand between 6 & 8 March 2010. The rest 26,070 refund warrants were dispatched through courier to their respective addresses.

Un-audited HY A/Cs of JMOIL [Mar 21 2010 2:45PM]

As per un-audited half yearly accounts of Jamuna Oil Co. Ltd for the HY ended on 31 Dec'09, NPAT=258.36m & EPS=5.74 as against corresponding HY end's figures of 225.88m & 5.02 in Tk respectively.

NAV of BSRS1 [Mar 21 2010 2:45PM]

NAV of 1st BSRS Mutual Fund stood Tk. 81,085,307.15 translating to NAV per certificate of Tk. 162.17 on the basis of cost price & Tk. 1306.65 on market price as against face value of Tk.100 at the close of operation on 18 March 2010.

Important News-FHDIL [Mar 21 2010 2:48PM]

All concerned are hereby informed that as per CSE records and the report of recent inspection carried in Fahad Industries Ltd, the following non-compliances were found. 1. The Company failed to hold Annual General Meeting (AGM) for its accounting years ended on June 30, 2008 & June 30, 2009. 2. The Company failed to issue Annual Reports for the aforesaid accounting years. (cont)

cont-Important News-FHDIL [Mar 21 2010 2:49PM]

3. The Company is not in operation for more than six months. Therefore, in compliance with the SEC's Directive no SEC/CMRRCD/2001-07/190 dated October 20, 2009, CSE shall de-list the shares of Fahad Industries Ltd. from September 15, 2010, if the situation of the Company is not improved in respect of the aforesaid non-compliances within the next six months from today the 15 March 2010.

Lost Share of MNFAB [Mar 21 2010 2:50PM]

Monno Fabrics Ltd. has informed that Share Certificate no. 107737 for 50 shs of the Co. has been reported as lost. This is for information and necessary record of all concerned.

Audited Accounts of PMBNK [Mar 21 2010 1:32PM]

As per Consolidated audited accounts of Prime Bank Ltd for the yr.ended 31 Dec'09, Operating Income=8,262.86m,OP=5,328.81m,NPAT=2,823.47m& EPS=79.43 as against corresponding yr. end's figure of 5,819.25m,3,864.39m,1,249.02m& 35.14 in Tk respectively. However, considering 30% bonus share declared for the year 2009, diluted EPS stand at Tk. 61.10 at 31 Dec'09 & Tk. 27.03 at 31 Dec'08 Also note that as per the said accounts, Statutory Reserve=Tk. 3,284.06m & Retained Earnings=Tk. 2,268.11m.

Audited Accounts of MCBNK [Mar 21 2010 1:34PM]

As per audited accounts of Mercantile Bank Ltd for the yr.ended 31 Dec'09, Operating Income=3,491.91,OP=1,911.70m,NPAT=807.52m & EPS= 37.41 as against corresponding yr. end's figure of 2,831.53m, 1581.52m, 615.88m & 28.53 in Tk respectively. Also note that as per the said accounts, Statutory Reserve=Tk.1,555.37m & Retained Earnings=Tk 477.05m.

NAV of ICB1- ICB8 [Mar 21 2010 12:09PM]

NAV of ICB's Eight Mutual Funds based on market prices at the close of operation ending 16 March 2010 were as follows: ICB1=9024.16, ICB2=2649.53, ICB3=2008.27, ICB4=2167.47, ICB5=1893.15, ICB6=713.78,ICB7=1157.16 & ICB8=837.33 in Tk respectively. Whereas, on the basis of Cost Price NAV of ICB's Eight Mutual Funds were 1030.57,787.38, 525.30,604.99,421.28,238.23,347.45&271.39 in Tk. respectively against face value of Tk. 100 each.

Intention to Sell of APGI Shs [Mar 21 2010 12:28PM]

Mr. Mohd. Habib Ullah,one of the Sponsors/Directors of Asia Pacific General Insurance Co.Ltd, has reported his intention to sell 5,000 shs out of his holdings of 55,000 shs of the Co. at prevailing market price through SE within next 30 working days.

Important News-BDCOM [Mar 21 2010 12:41PM]

BDCOM Online Ltd. has informed that the company has launched the long waited 'Nationwide Internet Protocol Telephony Service (Kotha Phone)'.

NAV of DBHMF1 [Mar 21 2010 11:42AM]

NAV of DBH First Mutual Fund stood Tk. 1,240,862,854.67 translating to NAV per certificate of Tk 10.34 on the basis of cost price and Tk. 1,241,782,911.17 & Tk 10.35 respectively on market price at the close of business operation on 18 March 2010.

Important News-LSCM [Mar 21 2010 11:51AM]

Lafarge Surma Cement Ltd. has informed that the Hon'ble Supreme Court of India raised some questions regarding a few aspects of the operations. On that day, Hon'ble Court asked Lafarge Umiam Mining Pvt. Ltd. (LUMPL), India- which is a wholly owned subsidiary of Lafarge Surma Cement Ltd. (LSC),Bangladesh, to file its responses at the next hearing, which was fixed for March 19, 2010. In the interim- the Hon'ble Court asked LUMPL to hold its mining operations in abeyance. However, the Hon'ble Supreme Court allowed the LUMPL to export the mined Limestone lying at the site in Meghalaya. LSC and LUMPL were fully prepared with its responses to appear before the Supreme Court of India on March 19, 2010. (cont)

cont-Important News-LSCM [Mar 21 2010 11:53AM]

However, the matter was not listed for hearing on March 19 on account of the fact that the composition of the Forest Bench of the Hon'ble Supreme Court of India was not available as one of the three Justices of the Forest Bench of the Hon'ble Supreme Court of India was not available as one of the three Justices of the Forest Bench of the Hon'ble Supreme Court was busy in presiding over a different Bench. The Hon'ble Supreme Court of India is yet to fix the next date of hearing. The Co. shall keep all informed about the further development before the Supreme Court of India.(end)

Over-The-Counter(OTC)market of CSE [Mar 21 2010 11:56AM]

All concerned are hereby informed that CSE has upgraded its Over-The-Counter (OTC) market facilities, link of which is now accessible in http://www.csebd.com/otc and http://www.cse.com.bd. Detailed information/facilities including Modus Operandi,Order Entry Forms, Available Scrips List, Pending orders etc are available on that link. All concerned are requested to browse Over-The-Counter (OTC) of CSE through the aforesaid links for their required information on OTC.

NAV of IAMC1 [Mar 21 2010 11:56AM]

NAV of ICB AMCL First Mutual Fund stood Tk. 31,37,30,789.22 translating to NAV per unit of Tk. 313.73 on cost price and Tk. 49,77,24,891.88 & Tk. 497.72 respectively on the basis of current market price at the close of business operation on 16 March'10.

NAV of IAMC2 [Mar 21 2010 11:57AM]

NAV of ICB AMCL Second Mutual Fund stood Tk. 53,16,47,838.95 translating to NAV per unit of Tk. 106.33 on cost price and Tk. 59,32,92,049.76 & Tk 118.66 respectively on the basis of current market price at the close of business operation on 16 March'10.

NAV of IAIMF [Mar 21 2010 11:57AM]

NAV of ICB AMCL Islamic Mutual Fund stood Tk.21,73,65,551.64 translating to NAV per unit of Tk. 217.37 on cost price and Tk. 29,20,43,467.55 & Tk. 292.04 respectively on the basis of current market price at the close of business operations on 16 March'10.

NAV of PFMF1 [Mar 21 2010 11:58AM]

NAV of Prime Finance First Mutual Fund stood Tk 24,98,49,139.09 translating to NAV per certificate of Tk. 12.49 on the basis of cost price and Tk. 32,52,98,857.57 & Tk. 16.26 respectively on market price at the close of business operation on 16 March'10.

NAV of INRB1 [Mar 21 2010 11:58AM]

NAV of ICB AMCL First NRB Mutual Fund stood Tk.23,89,28,024.49 translating to NAV per certificate of Tk. 238.93 on the basis of cost price and Tk. 35,80,52,777.12 & Tk. 358.05 respectively on market price at the close of business operation on 16 March'10.

NAV of INRB2 [Mar 21 2010 11:59AM]

NAV of ICB AMCL Second NRB Mutual Fund stood Tk1,30,75,77,575.81 translating to NAV per certificate of Tk 130.76 on the basis of cost price and Tk 1,65,59,17,773.57 & Tk. 165.59 respectively on market price at the close of business operation 16 March'10.

NAV of PMBIF1 [Mar 21 2010 12:00PM]

NAV of Prime Bank 1st ICB AMCL Mutual Fund stood Tk. 1,00,85,90,545.81 translating to NAV per unit of Tk.10.09 on the basis of cost price and Tk. 1,00,03,51,587.56 & Tk. 10.00 respectively on market price at the close of business operation on 16 March'10.

NAV of IEPFO1 [Mar 21 2010 12:00PM]

NAV of ICB Employees Provident Mutual Fund One:Scheme One stood Tk. 76,07,51,249.85 translating to NAV per unit of Tk. 10.14 on cost price and Tk. 75,41,22,775.36 & Tk. 10.05 respectively on the basis of current market price at the close of business operation on 16 March'10.

Important news from SEC [Mar 21 2010 11:17AM]

It is observed that in the context of the present condition of the capital market, many small and new investors are involved which is undoubtedly encouraging. But it is a matter of concern that a portion of these investors without having proper, timely and detail knowledge and reviewing/analyzing the information of the different aspects of the capital market are being attracted in investing on the basis of rumor, hearsay and different comments from different quarters, which may make their hard earned capital risky, as a result, it will not only hamper the confidence of these investors but may also create hindrance of the continuity and firm growth of the capital market. (cont)

cont-Important news from SEC [Mar 21 2010 11:18AM]

In this situation, in the greater and long term interest of the growing capital market and investors, all related to Stock Exchange and market intermediaries i.e, stock broker/dealer, asset manager, merchant banker, issuer company including their officials are requested to abstain from giving opinion /comment on investment which may create enthusiasm or confusion among the investors.(end)

Auction Session-11:15-11:30-Buy [Mar 21 2010 11:19AM]

Today CSE has placed an Auction Buy Order for 500 FINFD (Fine Foods Ltd.) shares. Members may submit Sell Order at 60% higher or lower than CSE reference price during Auction Session from 11:15-11:30.

NAV of AIMS1 [Mar 21 2010 11:20AM]

NAV of Aims First Guaranteed Mutual Fund stood Tk. 842,645,498 only translating to NAV per share of Tk. 5.02 at market price and Tk 2.64 at cost price against face value of Tk 1.00 at the close of operation on 18 March 2010.

NAV of GMF1 [Mar 21 2010 11:20AM]

NAV of Grameen Mutual Fund One stood Tk. 905,558,333 only translating to NAV per share of Tk 53.27 at market price and Tk 27.34 at cost price against face value of Tk 10.00 at the close of operation on 18 March 2010.

NAV of GMFO2 [Mar 21 2010 11:20AM]

NAV of Grameen Mutual Fund One: Scheme Two stood Tk. 2,368,156,946 only translating to NAV per share of Tk 18.95 at market price and Tk 12.72 at cost price against face value of Tk 10.00 at the close of operation on 18 March 2010.

NAV of EBMF1 [Mar 21 2010 11:21AM]

NAV of EBL First Mutual Fund stood Tk. 1,143,306,947.70 translating to NAV per certificate of Tk 11.43 on the basis of cost price and Tk. 1,356,342,281.11 & Tk 13.56 respectively on market price at the close of business operation on 18 March 2010.

NAV of TBMF1 [Mar 21 2010 11:22AM]

NAV of ICB Trust Bank 1st Mutual Fund stood Tk.2,050,904,765.30 translating to NAV per unit of Tk.10.25 on cost price and Tk.2,287,078,521.43 & Tk.11.44 respectively on the basis of current market price at the close of business operation on 18 March 2010.

SEC's Show cause to GP [Mar 21 2010 11:24AM]

SEC has issued show cause cum hearing notice to Grameenphone Ltd., its Directors, Managing Director/CEO and Company Secretary for non-compliance with securities related laws in connection with the un-audited (fourth quarter) financial statements for the year ended on December 31, 2009.

Recommendation of Dividend of GP [Mar 21 2010 10:41AM]

Grameenphone Ltd. has recommended 60% Cash Dividend for the yr. ended on 31 Dec '09 subject to the approval of the Shareholders in the AGM. AGM will be held on 8 June 2010. Record date is on 8 April 2010. The time & venue of the AGM will be notified later. There will be no price limit today on the trading of the shs of the Co. following its corporate disclosure.

Financial information of GP [Mar 21 2010 10:43AM]

Grameenphone Ltd. has also reported that the Net Asset Value of Tk 50.15 billion, Net Asset Value (NAV) per share of Tk. 37.14, EPS of Tk. 12.08 and Net Operating Cash Flow per share of Tk. 24.77 for the year ended 31 Dec '09.

Dividend Recomm.& Right Issue-ISFIL [Mar 21 2010 10:46AM]

Islamic Finance & Investment Ltd has recommended 25% stock dividend for the yr.ended on 31 Dec '09 subject to the approval in the AGM. AGM will be held on 25 April 2010 at 11:00 am at Officers' Club,Baily Road,Dhaka. Record date is on 4 April 2010. The Board has also decided that the Co. will issue right share at the ratio 1:2(i.e. one right share for each 2 existing shares) at Tk. 150/- per share (with a premium of Tk. 50/-) subject to approval of competent authorities. Another record date will be announced for entitlement of right shares after approval of SEC. However, we are yet to receive them financial information of the Co.

SEC's Directive [Mar 21 2010 10:48AM]

Reference to SEC directive no. SEC/CMRRCD/2009-193/28 dated March 15, 2010, SEC further informed that, in partial modification of approved amendment regarding the regulation 36(A)(4) of the Listing Regulations communicated through Commission's above mentioned directive, please read the following, in place of the communicated approved first paragraph, under sl.no.1, "1. The words 'book closing date' and 'book closure date' shall be replaced by the words, "book-closure date" or "record date" as the case may be".

Board Meeting of BSRS1 [Mar 21 2010 10:50AM]

Bangladesh Development Bank Ltd. has informed that Audited Financial Statements of 1st BSRS Mutual Fund for FY 2007-2008 & 2008-2009 will be placed before the Board of Directors meeting to be held on March 22, 2010 at 4:30 p.m. for consideration and declaration of any entitlement for certificate holders and other related decision with regard to the Fund.

Financial information of ISFIL [Mar 21 2010 10:51AM]

Islamic Finance & Investment Ltd. has also reported that the Net Asset Value of Tk 517.8 million, Net Asset Value (NAV) per share of Tk. 162.44, EPS of Tk. 44.43 and Net Operating Cash Flow per share of Tk. 51.25 for the year ended 31 Dec '09.

Message from CSE [Mar 21 2010 10:58AM]

All investors are requested to make their investment decision on the basis of financial strength of the companies not on the basis of rumor.

Auction Session-11:15-11:30-Buy [Mar 21 2010 11:03AM]

Today CSE has placed an Auction Buy Order for 500 FINFD (Fine Foods Ltd.) shares. Members may submit Sell Order at 60% higher or lower than CSE reference price during Auction Session from 11:15-11:30.

Ex-benefit Price Adjustments - SINGR [Mar 21 2010 11:04AM]

Please note that the prices of the shares of SINGR adjusted today following their ex-benefits date to the extent of their corporate benefits, hence the price limit on the scrips will remain as it is today. Therefore, adjusted price of SINGR=3170.00.

CB free of ISFIL [Mar 21 2010 11:06AM]

Please note that there will be no price limit today on the trading of the shares of Islamic Finance & Investment Ltd. following its corporate disclosure.

EGM of BXLTD [Mar 21 2010 11:10AM]

Bangladesh Export Import Co. Ltd. has informed that the Board of Directors of the Co. has decided the following: 1. Further issue of Capital of Tk. 9,18,74,870 (consisting of 91,87,487 ordinary shares of Tk. 10 each) be made pursuant to section 155(2) of the Companies Act, 1994 for acquisition of approximately 100% ordinary shares of Dhaka Shanghai Ceramics Limited (DSCL) amounting to Tk. 36,74,99,480 (consisting of 3,67,49,948 ordinary shares of Tk. 10 each) by exchange of one Beximco Ltd shares for four DSCL Shares, subject to approval of such further issue under section 155(2) of the Companies Act, 1994 in the EGM of the shareholders of the Co. to be held on 28 April 2010 at 11:30 a.m. (cont)

cont-EGM of BXLTD [Mar 21 2010 11:13AM]

at Beximco Industrial Park, Sarabo, Kashimpur, Gazipur and SEC's consent to further issue of Capital under rule 3 of the Securities and Exchange commission (Capital issue of companies) Rules, 2001. The record date of the said EGM will be on 7 April 2010. 2. To increase the Authorized Share Capital of the Co. from Tk. 100 crore to Tk. 500 crore.(end)

Auction Session-11:15-11:30-Buy [Mar 21 2010 11:14AM]

Today CSE has placed an Auction Buy Order for 500 FINFD (Fine Foods Ltd.) shares. Members may submit Sell Order at 60% higher or lower than CSE reference price during Auction Session from 11:15-11:30.

New listing-ACI 20% Zero Coup.Bonds [Mar 21 2010 11:15AM]

All concerned are hereby informed that Trading of the Shares of ACI 20% Convertible Zero Coupon Bonds will start in CSE from 22 March 2010 in demat form, under settlement category 'N'. Pls note that the Scrip Id=40002, Scrip Cd=ACIZCB, Mkt Lot=5, Face Value=Tk.1000 & Tick Price=50 paisa.

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