Syed Deedarul Alam, one of the sponsors/directors of the company, has reported his intention to sell 17,000 shares out of his total holdings of 93,312 shares of the company at prevailing market price through the stock exchange within next 30 working days.
Provati Insurance Company
Md Saiful Islam, one of the sponsors/directors of the company, has reported his intention to sell 1,200 shares (bonus shares) out of his total holdings of 11,200 shares of the company at prevailing market price through the stock exchange within next 30 working days.
One Bank
Manzia Jamil, one of the sponsors of the bank, has reported her intention to sell 1,00,000 shares out of her total holdings of 10,58,526 shares of the bank at prevailing market price through the stock exchange within next 30 working days.
Summit Power
Normal trading of the shares of the company will resume today after record date for EGM.
Mercantile Insurance Co
Abdul Haque, one of the sponsors/directors of the company, has reported his intention to sell 7,200 shares out of his total holdings of 67,200 shares of the company at prevailing market price through the stock exchange within next 30 working days.
Hazi Abdur Rahman, one of the sponsors/directors of the company, has reported his intention to sell 7,200 shares out of his total holdings of 67,200 shares of the company at prevailing market price through the stock exchange within next 30 working days.
NCC Bank
Aslam-ul-Karim, one of the sponsors of the bank, has reported his intention to sell 1,50,000 shares out of his total holdings of 19,82,971 shares of the bank at prevailing market price through the stock exchange within next 30 working days.
United Commercial Bank
Further to their price sensitive information dated May 23, 2011 (news disseminated by DSE on May 24, 2011) regarding issuance of bond, the bank has informed that the board of the bank has finalised the following features of the bond: (1) issue size: Tk 350 crore, (2) issue price: 100 per cent at par, (3) denomination: Tk 10 lakh each unit, (4) nature: unsecured non-convertible subordinated debt, (5) tenure: 7 years, (6) listing: non-listed and private placement, (7) interest rate: benchmark rate plus 2 per cent margin and minimum interest rate:11.50 per cent p.a. and (8) redemption: bonds will be amortised in last three years of the tenure as per following schedule: at the end of 5th year: 30 per cent of principal, at the end of 6th year: 30 per cent of principal and at the end of 7th year: 40 per cent of principal.
Source: DSE
Source : New Age
