AB Bank: The board of directors of AB Bank Limited has recommended 5.0 per cent cash and 20 per cent stock dividends for the year that ended on December 31, '11. The annual general meeting (AGM) of the Bank will be held at Bangabandhu International Conference Centre, Agargaon, Sher-E-Bangla Nagar, Dhaka at 11am on May 6, '12. The record date is March 1, '12.

The authorities of the company have reported Consolidated EPS of Tk 3.78, Consolidated NAV per share of Tk 40.74 and Consolidated NOCFPS of Tk 36.10 for the year that ended on December 31, '11. The authorities have also reported EPS of Tk 3.60, NAV per share of Tk 40.29 and NOCFPS of Tk 34.15 for the year that ended on December 31, '11.

Mercantile Bank: The board of directors of Mercantile Bank Limited has recommended 23 per cent stock dividend for the year that ended on December 31, '11. The AGM of the Bank will be held at 'Winter Garden' of Ruposhi Bangla Hotel, Dhaka at 11am on March 28, '12. The record date is March 6, '12. The authorities of the Bank have reported Consolidated EPS of Tk 3.53, Consolidated NAV per share of Tk 19.59 and Consolidated NOCFPS of Tk 3.26.

Cos' board meet

IDLC: As per Regulation 30 of DSE Listing Regulations, a meeting of the board of directors of IDLC Finance Limited will be held tomorrow (Wednesday) at 4pm to consider, among others, audited financial statements of the company for the year that ended on December 31, '11.

Pubali Bank: As per Regulation 30 of DSE Listing Regulations, a meeting of the board of directors of Pubali Bank Ltd. will be held Thursday (February 23) 3:30pm to consider, among others, audited financial statements of the Bank for the year that ended on December 31, '11.

Union Capital: As per Regulation 30 of DSE Listing Regulations, a meeting of the board of directors of Union Capital will be held Thursday (February 23) at 4pm to consider, among others, audited financial statements of the company for the year that ended on December 31, '11.

Jamuna Bank: As per Regulation 30 of DSE Listing Regulations, a meeting of the board of directors of Jamuna Bank Limited will be held on February 27, '12 at 3pm to consider, among others, audited financial statements of the Bank for the year that ended on December 31, '11.

Resumption of trading

Normal trading of the shares of Dutch-Bangla Bank Limited (DBBL) will resume tomorrow (Wednesday) after record date.

Sponsors/directors confirm shares buy/transfer

Jamuna Bank: Mr Golam Dastagir Gazi, one of the sponsors/directors of Jamuna Bank Limited, has stated that he has completed his buy of 1,10,000 shares of the bank at prevailing market price through stock exchange as announced earlier.

Prime Ins: Mr Shah M Hasan, one of the sponsors/directors of Prime Insurance, has stated that he has completed his buy of 10,000 shares of the company at prevailing market price through stock exchange as announced earlier.

Global Ins: Mr SM Sarowar Alam, one of the sponsors/directors of Global Insurance, has stated that he has completed his buy of 70,000 shares of the company at prevailing market price through stock exchange as announced earlier.

Gemini Sea Food: Mr Kazi Shahid Ahmed and Ameenah Ahmed, both sponsors/directors of Gemini Sea Food Limited, have stated that they have completed their transfer of 14,310 and 14,300 shares respectively to their son Kazi Nabil Ahmed, another director of the company, by way of gift outside the trading system of the stock exchange as announced earlier.

Financial Express/Bangladesh/ 22th Feb 2012