corporatewatch Recommendation of company dividend
10/24/2005
BD Auto Cars: The board of directors of Bangladesh Auto Cars Limited has recommended 3.0 per cent cash dividend for its shareholders for the year 2005. The annual general meeting (AGM) of the company will be held on December 27, 2005 at 11:00am at Tejgaon I/A, Dhaka. The book closure of the company will be from December 03 to December 27, 2005. Purchase/sale of directors' shares Prime Bank: Preema Construction Ltd., an associate of Prime Bank Limited, has reported its intention to sell 10,000 shares out of his of 103,939 shares of the bank at the current market price through the stock exchange within next 30 working days. Prime Bank: RA Ghani, one of the sponsors of Prime Bank Limited, has reported his intention to sell 1,999 shares out of his 131,998 shares of the bank at the current market price through the stock exchange within next 30 working days. Abdur Robb, another sponsor of Prime Bank Limited, has reported his intention to sell 109,327 shares (in the Block Market) out of his 303,075 shares of the bank while five other sponsor/directors of the bank have reported their willingness to buy 109,327 shares of the bank at the current market price through the stock exchange within next 30 working days. Beximco Pharma gets admission to AIM of LSE Beximco Pharmaceuticals Limited has informed that 20 million GDRs of the company got admission to the Alternative Investment Market ( AIM ) of the London Stock Exchange (LSE) Friday at 12 noon BST and the First Trading of such GDRs commenced there on the same day at 1:00pm BST ( 8:00am London LST ). Legal action against Wonderland Toys Bangladesh Shilpa Bank has decided to take legal action against the Wonderland Toys Ltd. to recover its outstanding loan of Tk 70.79 million from the bank. SEC's directive to Fahad Ind The Securities and Exchange Commission (SEC) has directed M/S Fahad Industries Ltd. to register the 20 decimal land of the company in the name of the company, instead of "M/S Fahad Industries Ltd. Managing Director Md Illias Hossain", without any additional cost on the company's account, within 60 days from the issuance of this directive and submit the relevant documents of registration to the SEC within seven days. -- DSE/CSE online
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