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Posted By : Adminnews_title?>    November 05, 2020   

2020-11-05: Cont- Recommendation of No Dividend (Additional Information)

ILFSL: (Cont) iii) Investment income has been increased by BDT 7,33,14,086.00 in comparison from the last year due increased investment income of the subsidiary company. iv) Expense under Depreciation, amortization & repair of assets has been increased by BDT 2,39,61,546.00 due to adoption of IFRS-16. v) Provision for leases, loans and advances has been increased by BDT 2035,16,98,841.00 as required by Bangladesh Bank and statutory auditor.(end)

2020-11-05: Recommendation of No Dividend (Additional Information)

ILFSL: ILFSL: International Leasing and Financial Services Limited has further informed that, Record Date for AGM: 24.11.2020, Venue: Digital Platform. Date of AGM and Time will be notified later. The Company also informed that NPAT has declined by BDT 2813,91,34,354 compared to last year. Reasons are as follows: i) Interest income has been decreased by BDT 756,98,52,898.00 as result of taking interest suspense and provision for leases, loans and advances of BDT 759,33,35,136.00 and BDT 2035,99,04,401.00 respectively as required by Bangladesh Bank and statutory auditor. ii) Interest expense has been increased by BDT 62,28,44,647.00 in comparison from the last year due increase of the cost of fund of the company. (Cont)

2020-11-05: Extension of suspension of Trading of Shares

BXSYNTH: Referring to the earlier news disseminated on 22.10.2020 regarding suspension of Trading of Shares of Beximco Synthetics Ltd., the suspension period of trading of shares of the Company has been extended for further period of 15 days effective from November 07, 2020 as per Section 9(8) of the Securities and Exchange Ordinance, 1969.

2020-11-05: Today s Trade

CSE NEWS: Today s (05 November 2020) Total Trades: 11,482, Volume: 13,056,659 and Turnover: Tk. 332.19 million.

2020-11-05: Record Date on 08.11.2020

ONEBANKLTD: Trading of the shares of ONE Bank Limited will remain suspended on its record date i.e., 08.11.2020 for EGM. Trading of the shares of the Company will resume on 09.11.2020.

2020-11-05: Record Date on 08.11.2020

JAMUNABANK: Trading of the shares of Jamuna Bank Limited will remain suspended on its record date i.e., 08.11.2020 for EGM. Trading of the shares of the Company will resume on 09.11.2020.

2020-11-05: Board Meeting

WALTONHIL: Walton Hi-Tech Industries Ltd. has informed that the Board Meeting of the Company will be held on November 11, 2020 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.

2020-11-05: Board Meeting

OLYMPIC: Olympic Industries Ltd. has informed that the Board Meeting of the Company will be held on November 14, 2020 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.

2020-11-05: Reschedule of Board Meeting Time

ECABLES: Eastern Cables Limited has further informed that the Board meeting of the Company will be held on November 08, 2020 at 6:00 PM instead of 5:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.

2020-11-05: Reschedule of Board Meeting Time

ECABLES: Eastern Cables Limited has further informed that the Board meeting of the Company will be held on November 08, 2020 at 6:00 PM instead of 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2020.

2020-11-05: Board Meeting

ITC: IT Consultants Limited has informed that the Board Meeting of the Company will be held on November 12, 2020 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.

2020-11-05: Board Meeting

SILVAPHL: Silva Pharmaceuticals Limited has informed that the Board Meeting of the Company will be held on November 11, 2020 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.

2020-11-05: Board Meeting

PREMIERCEM: Premier Cement Mills Limited has informed that the Board Meeting of the Company will be held on November 12, 2020 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2020.

2020-11-05: Spot trade from 08.11.2020

ACMELAB: Trading of the shares of The ACME Laboratories Ltd. will be allowed only in the Spot Market from 08.11.2020 to 09.11.2020 as the record date of the Company is on 10.11.2020.

2020-11-05: Correction-Recommendation of No Dividend

ILFSL(correction): The Board of Directors has recommended No Dividend for the year ended on December 31, 2019. Date of AGM, Time, Venue and Record Date of AGM will be notified later. The Company has also reported EPS of Tk. (126.36), NAV per share of Tk. (113.63) and NOCFPS of Tk. (9.23) for the year ended on December 31, 2019 as against EPS of Tk. 0.51, NAV of Tk. 12.72 and NOCFPS of Tk. (5.99) for the same period of the previous year.

2020-11-05: Completion of shares Transfer outside the Trading System of the Exchange

MERCANBANK: First Finance has further informed that 16,83,570 shares of Mercantile Bank Ltd. from Late Abdul Jalil, one of the Sponsors of Mercantile Bank Ltd. (the transferor/pledgor) have been transferred to First Finance Ltd. (the transferee/pledgee) outside the trading system of the exchange as per declaration disseminated on 13.10.2020

2020-11-05: Board Meeting

QUASEMIND: Quasem Industries Limited has informed that the Board Meeting of the Company will be held on November 11, 2020 at 2:45 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.

2020-11-05: Board Meeting

YPL: Yeakin Polymer Ltd. has informed that the Board Meeting of the Company will be held on November 09, 2020 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.

2020-11-05: Cont3-Auditor s Opinion

BSCCL(cont3):As on 30 June 2020 BSCCL did not convert the amount of Tk. 1,660,000,000 as equity money to Share capital and was not considered as potential share to calculate the Net Assets Value (NAV) per share and Earning per Share (EPS). For that reason, as on reporting date both Net Assets Value (NAV) per share and Earning per Share (EPS) of the company is overstated. As the potential share is not identified by the management of BSCCL, the value of overstatement of Net Assets Value (NAV) per share and Earning per Share (EPS) could not be quantified."(end)

2020-11-05: Cont2-Auditor s Opinion

BSCCL(cont2):(Notification No. 146/FRC/Admin/Notification/2020/01) regarding Accounting and Reporting on Share Money Deposit. As per the said notification any amount received from investor as share capital or call by whatever name that was considered as part of equity in the Financial Statements shalt be converted to share capital within six months. Further, till to date of conversion of share money deposit to share capital, the amount of share money deposit shall be considered as potential share.(cont3)

2020-11-05: Cont1-Auditor s Opinion

BSCCL(cont1): the said amount will be converted into Equity Capital in favour of Ministry of Posts, Telecommunications and Information Technology (MoPT & IT) through issuing Share after implementing the project and getting proper approval from the Concerned Authority of the Government of the People s Republic of Bangladesh and in compliance with the guidelines and policies issued by Finance Division for issuing equity capital. On 11 February 2020 Financial Reporting Council (FRC) has issued a notification (cont2)

2020-11-05: Auditor s Opinion

BSCCL: The auditor of Bangladesh Submarine Cable Company Limited has given the following "Qualified Opinion" in the audit report of the Company prepared for the year ended on June 30, 2020. "Basis for Qualified Opinion: In the year 2015-2016 & 2016-2017, Bangladesh Submarine Cable Company Limited (BSCCL) received amounted to Taka 1,660,000,000 in six different phases from the Government of the People s Republic of Bangladesh for the purpose of implementing the Regional Submarine Telecommunications Project, Bangladesh (Installation and Establishment of Second Submarine Cable System (SMW5) as Equity Money with condition that (cont1)

2020-11-05: Board Meeting

ADNTEL: ADN Telecom Limited has informed that the Board Meeting of the Company will be held on November 12, 2020 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.

2020-11-05: Buy Confirmation

ACMELAB: Ms. Tasneem Sinha, one of the Directors of The ACME Laboratories Ltd., has further reported that she has completed her buy of 1,33,300 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 03.11.2020.

2020-11-05: Postponement of Board Meeting

MICEMENT: M.I. Cement Factory Ltd. has further informed that due to unavoidable circumstances, the Board Meeting of the Company scheduled to be held on November 08, 2020 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2020 has been postponed.

2020-11-05: Cash Dividend Disbursement

MERCINS: Mercantile Insurance Company Ltd. has informed that it has disbursed the cash dividend for the year ended on December 31, 2019 to the respective shareholders Bank Accounts through BEFTN system.

2020-11-05: Dividend Disbursement

ISLAMIINS: Islami Insurance Bangladesh Ltd. has informed that the Bonus shares of the Company for the year ended on December 31, 2019 have already been credited through CDBL to the respective shareholders BO Accounts and it has also disbursed the cash dividend to the respective shareholders.

2020-11-05: Un-audited Financial Statements

ILFSL: (Quarter 3) As per un-audited financial statements of International Leasing and Financial Services Limited, Consolidated EPS was Tk. (4.00) for July-September, 2020 as against Tk. 0.02 for July-September, 2019; Consolidated EPS was Tk. (11.38) for January-September, 2020 as against Tk. 0.11 for January-September, 2019. Consolidated NOCFPS was Tk. (7.54) for January-September, 2020 as against Tk. (6.61) for January-September, 2019. Consolidated NAV per share was Tk. (125.01) as on September 30, 2020 and Tk. (113.63) as on December 31, 2019.

2020-11-05: Un-audited HY A/Cs

ILFSL: (Quarter 2) As per un-audited half yearly accounts of International Leasing and Financial Services Ltd., Consolidated EPS was Tk. (2.96) for April-June 2020 as against Tk. 0.01 for April-June 2019; Consolidated EPS was Tk. (7.38) for January-June 2020 as against Tk. 0.09 for January-June 2019. Consolidated NOCFPS was Tk. (6.05) for January-June 2020 as against Tk. (0.03) for January-June 2019. Consolidated NAV per share was Tk. (121.02) as on June 30, 2020 and Tk. (113.63) as on December 31, 2019.

2020-11-05: Un-audited Financial Statements

ILFSL: (Quarter 1) As per un-audited financial statements of International Leasing and Financial Services Limited, Consolidated EPS was Tk. (4.42) for January-March 2020 as against Tk. 0.08 for January-March 2019. Consolidated NOCFPS was Tk. (6.15) for January-March 2020 as against Tk. (2.88) for January-March 2019. Consolidated NAV per share was Tk. (118.05) as on March 31, 2020 and Tk. (113.63) as on March 31, 2019.

2020-11-05: Un-audited Financial Statements

CVOPRL: (Quarter 1) As per the un-audited financial statements of CVO Petrochemical Refinery Ltd., EPS was Tk. (0.68) for July-September 2020 as against Tk. 0.10 for July-September 2019; NOCFPS was Tk. 4.09 for July-September 2020 as against Tk. 0.55 for July-September 2019. NAV per share was Tk. 13.30 as on September 30, 2020 and Tk. 13.90 as on June 30, 2020. The company has reported that EPS was decreased due to incurring loss by the company and NOCFPS was increased due to collection of accounts receivable was increased as well as less payment of Suppliers during the period.

2020-11-05: CB Free

ILFSL: Please note that there will be no price limit today 05.11.2020 on the trading of the shares of the Company following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.

2020-11-05: Recommendation of No Dividend

ILFSL: The Board of Directors has recommended No Dividend for the year ended on December 31, 2019. Date of AGM, Time, Venue and Record Date of AGM will be notified later. The Company has also reported EPS of Tk. (126.36), NAV per share of Tk. (113.63) and NOCFPS of Tk. (9.23) for the year ended on June 30, 2020 as against EPS of Tk. 0.51, NAV of Tk. 12.72 and NOCFPS of Tk. (5.99) for the same period of the previous year.

2020-11-05: CB Free

AOL: Please note that there will be no price limit today 05.11.2020 on the trading of the shares of the Company following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.

2020-11-05: Cont-Recommendation of Dividend

AOL(cont): the cash dividend to be payable to the public shareholders Tk. 13,175,163 for 65,875,814 no. of shares. Reasons for declaring Bonus Shares: i) Bonus shares have been recommended for utilizing the retained earnings of the company as capital for ongoing operations i.e. working capital. ii) The bonus Shares are declared out of accumulated Profit. iii) Bonus shares are not declared from capital reserve of revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing Paid up Capital or through doing anything so that the Post Dividend Retained Earnings become negative or a debit balance.(end)

2020-11-05: Recommendation of Dividend

AOL: The Board of Directors has recommended 2% cash dividend to Public shareholders other than Sponsors and Directors and 8% stock dividend to All shareholders for the year ended on June 30, 2020. Date of AGM: 22.12.2020. Time: 03:30 PM. Venue: Digital Platform. Record Date: 25.11.2020. The Company has reported EPS of Tk. 1.87, NAV per share of Tk. 19.25 and NOCFPS of Tk. 2.66 for the year ended on June 30, 2020 as against Tk. 1.51, Tk. 17.37 and Tk. 2.37 respectively for the same period of the previous year. The Sponsors/Directors hold 2,91,24,186 shares out of total 95,000,000 no. shares of the Company and(cont)

2020-11-05: Reschedule of Board Meeting

AMANFEED: Aman Feed Limited has further informed that the Board Meeting of the Company will now be held on November 08, 2020 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2020.

2020-11-05: Board Meeting

ACFL: Aman Cotton Fibrous Ltd. has informed that the Board Meeting of the Company will be held on November 08, 2020 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2020.

2020-11-05: Board Meeting

GPHISPAT: GPH ispat ltd. has informed that the Board Meeting of the Company will be held on November 10, 2020 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.

2020-11-05: Board Meeting

BSCCL: Bangladesh Submarine Cable Company Limited has informed that the Board Meeting of the Company will be held on November 12, 2020 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.

2020-11-05: CB free

CVOPRL: Please note that there will be no price limit today 05.11.2020 on the trading of the shares of the Company following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.

2020-11-05: Recommendation of No Dividend

CVOPRL: The Board of Directors has recommended No Dividend for the year ended on June 30, 2020. Date of AGM: 24.12.2020. Time: 11:00 AM. Venue: Digital Platform. Record Date: 26.11.2020. The Company has also reported EPS of Tk. (0.51), NAV per share of Tk. 13.90 and NOCFPS of Tk. 1.64 for the year ended on June 30, 2020 as against EPS of Tk. 0.12, NAV of Tk. 14.57 and NOCFPS Tk. (1.08) for the same period of the previous year.

2020-11-05: CB free

CENTRALPHL: Please note that there will be no price limit today 05.11.2020 on the trading of the shares of the Company following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.

2020-11-05: Recommendation of No Dividend

CENTRALPHL: The Board of Directors has recommended No dividend for the year ended on June 30, 2020. Date of AGM: 30.12.2020, Time: 11:30 AM, Venue: Digital Platform. Record date: 26.11.2020. The Company has also reported EPS of Tk. (9.24), NAV per share of Tk. 6.60 and NOCFPS of Tk. (0.00) for the year ended on June 30, 2020 as against Tk. 0.48, Tk. 14.87 and Tk. 0.09 respectively for the same period of the previous year.

2020-11-05: Spot Trade Continuing Today (05.11.2020)

SPOT TRADE: Please find SPOT Trade is continuing today on the trading of the shares of JAMUNABANK & ONEBANKLTD.

2020-11-05: Cont-BSEC Directive on Maximum Margin Loan Limit

BSEC News(cont): DSEX Index Below - 4000 maximum margin loan limit 1: 0.75 Basis i.e., 75% of clients margin/deposit; DSEX Index 4001 to 7000 - maximum margin loan limit 1: 0.50 Basis i.e., 50% of clients margin/deposit; DSEX Index 7001 or above - maximum margin loan limit 1: 0.25 Basis i.e., 25% of clients margin/deposit. The Directive shall have effect from January 01, 2021.(end)

2020-11-05: BSEC Directive on Maximum Margin Loan Limit

BSEC News: BSEC has cancelled their earlier Directive No. BSEC/Surveillance/2020-975/128 dated 21 September, 2020 regarding Maximum Margin Loan Limit. Therefore, BSEC has issued new Directive No. BSEC/Surveillance/2020-975/132 dated 28 September, 2020 that the TREC holders of the stock exchanges will extend maximum limit of credit facilities to their approved clients in the following manner under the Margin Rules, 1999 until further order:(cont)

2020-11-05: Cont-2 Commencement of electronic subscription of Robi Axiata Limited

CSENEWS:(Cont-2) The Central Depository Bangladesh Limited (CDBL) shall send a report to the exchange regarding the holding of EIs in the listed securities and the exchange shall ensure the compliance in this regard. Participating EIs will be required to pay full subscription amount (100%) and subscription fee of Tk. 3,000.00 (three thousand only) through Social Islami Bank Limited (A/C Name: Dhaka Stock Exchange Limited, A/C No.:0021360003343) in between 10:00 a.m. of November 17, 2020 to 2:00 p.m. of November 23, 2020 (during banking hour). Please visit the following website for subscription related updates: https://www.essbangladesh.com.(end)

2020-11-05: Cont-1 Commencement of electronic subscription of Robi Axiata Limited

CSENEWS: (cont-1) Each Eligible Investor (EI) who intends to submit application through the Electronic Subscription System (ESS) of the exchange(s) shall maintain a minimum investment of Tk. 1,00,00,000/- (one crore only) at market price in listed securities as on November 09, 2020 (day-end) as per Rule 2(1)(e) of the Bangladesh Securities and Exchange Commission (Public Issue) Rules, 2015; which is in accordance with the BSEC consent letter to Robi Axiata Limited Ref: BSEC/CI/IPO-306/2020/231 dated October 14, 2020.(Cont-2)

2020-11-05: Commencement of electronic subscription of Robi Axiata Limited

CSENEWS: Commencement of electronic subscription of Robi Axiata Limited through electronic subscription system under fixed price method: The subscription for shares of Robi Axiata Limited by the eligible investors through electronic subscription system under fixed price method of the stock exchanges will be started from 10:00 a.m. of November 17, 2020 and continued till 5:30 p.m. of November 23, 2020.(cont-1)

2020-11-05: News for all Eligible Investors (EIs)

CSENEWS: All the respective Eligible Investors (EIs) are requested not to deposit Cheque or Pay Order of Mutual Trust Bank Limited for the purpose of Bidding of Index Agro Industries Limited because of suspension of transaction of MTBL from 29/10/2020 to 05/11/2020 as per Bangladesh Bank DOS circular letter No. 32.

2020-11-05: Cont-2 Commencement of electronic subscription of Crystal Insurance Co. Ltd.

CSENEWS (Cont-2): Participating EIs will be required to pay full subscription amount (100%) and subscription fee Tk. 3,000.00 (three thousand only) through Social Islami Bank Limited (A/C Name: Dhaka Stock Exchange Limited, A/C No.: 0021360003343) in between 10:00 a.m. of November 10, 2020 to 2:00 p.m. of November 16, 2020 (during banking hour). Please visit the following website for subscription related updates: https://www.essbangladesh.com. (end)

2020-11-05: Cont-1 Commencement of electronic subscription of Crystal Insurance Co. Ltd.

CSENEWS (Cont-1): as per Rule 2(1)(e) of the Bangladesh Securities and Exchange Commission (Public Issue) Rules, 2015; which is in accordance with the BSEC consent letter to Crystal Insurance Company Limited Ref: BSEC/CI/IPO-277/2018/221 dated October 08, 2020. The Central Depository Bangladesh Limited (CDBL) shall send a report to the exchange regarding the holding of EIs in the listed securities and the exchange shall ensure the compliance in this regard. (Cont. 2)

2020-11-05: Commencement of electronic subscription of Crystal Insurance Co. Ltd.

CSENEWS: Commencement of electronic subscription of Crystal Insurance Company Limited through electronic subscription system under fixed price method: The subscription for shares of Crystal Insurance Company Limited by the eligible investors through electronic subscription system under fixed price method of the stock exchanges will be started from 10:00 a.m. November 10, 2020 and continued till 5:30 p.m. of November 16, 2020. Each Eligible Investor (EI) who intends to submit application through the Electronic Subscription System (ESS) of the exchange(s) shall maintain a minimum investment of Tk. 1,00,00,000/- (one crore only) at market price in listed securities as on November 2, 2020 (day-end) (Cont. 1)

2020-11-05: Cont-2 Commencement of Bidding of Index Agro Industries Limited

CSENEWS (Cont-2): The Central Depository Bangladesh Limited (CDBL) shall send a report to the exchange regarding holding of EIs in listed securities and the exchange shall ensure the compliance in this regard. Participating EIs will be required to pay full bid amount (100%) and bidding fee BDT 5,000.00 (five thousand only) through The City Bank Limited (A/C Name: Dhaka Stock Exchange Limited, A/C No.: 1121063938001) in between 10:00 a.m. of November 01, 2020 to 2:00 p.m. of November 04, 2020 (during banking hour). Please visit the following website for bidding related updates: https://www.essbangladesh.com. (end)

2020-11-05: Cont-1 Commencement of Bidding of Index Agro Industries Limited

CSENEWS (Cont-1): Each EI who intends to participate in the electronic bidding shall maintain a minimum investment of Tk. 1.00 crore only in listed securities as on the end of 21st of October, 2020 as per clause (e) of sub-rule (1) of rule 2 of the Bangladesh Securities and Exchange Commission (Public Issue) Rules, 2015. The minimum bidding value for bidding shall be BDT 45 (Forty-Five) lakh which is in accordance with the BSEC consent letter to Index Agro Industries Limited Ref: BSEC/CI/BB-06/2016/232 dated October 15, 2020. (Cont-2)

2020-11-05: Commencement of Bidding of Index Agro Industries Limited

CSENEWS: Commencement of Bidding of Index Agro Industries Limited through Book Building Method: The bidding period for Eligible Investors to determine the cut-off price of shares of Index Agro Industries Limited through Electronic Subscription System (ESS) of the Exchanges will commence from 5:00 p.m. on November 01, 2020 and will continue till 5:00 p.m. on November 04, 2020 (round the clock) and valuation report submission period for Eligible Investors through Electronic Subscription System (ESS) of the Exchanges will start at 10:30 a.m. on November 05, 2020 and continue till 10:30 a.m. on November 09, 2020. (Cont-1)

2020-11-05: Cont-Compliances and Awareness for Alert to COVID-19

CSENEWS: (cont) (7) Arrangement of mask to provide to employees and clients in the brokerage house, (8) Discourage visitors to enter into the office, (9) Arrangement of virtual office for part of employees on rotation basis and (10) Avoid face to face meetings in the office and encourage telephone/video conference among the employees and clients.(end)

2020-11-05: Compliances and Awareness for Alert to COVID-19

CSENEWS: All concerned are hereby informed that (1) Discourage clients for rushing in the brokerage house and encourage more for trading through mobile apps and other internet based devices, (2) No hand shake, (3) No hugging; (4) Maintain reasonable social distance (at least one meter), (4) Identifying employees and clients who is coughing or sneezing or with any suspicious symptoms, (5) Avoid touching eyes, nose, ears and mouth, (6) Arrangement of hand sanitizer every time to enter office premise (employees, clients and visitors), (cont)

2020-11-05: Investor Awareness

BSEC s Message (Repeat): 1) It is not wise to invest in the capital market without having proper information, detail knowledge and experience regarding different aspects and nitty-gritty of the capital market. 2) It is to be kept in mind that the profit or loss whatever you make from investment is belong to you only. Therefore, prudent investment decision based on knowledge and fundamentals can be your real assistance. 3) Don t pay heed to rumors at the time of buying and selling of shares. Buying and selling of shares based on rumor can be harmful. Even spreading of rumor is legally prohibited. (BSEC vide its letter no. SEC/SRMIC/2010/726 dated 23 November 2010).

2020-11-05: Continue- Important news

BSEC (continue) (Repeat): 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)

2020-11-05: Important news

BSEC (Repeat): 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. (continue)

2020-11-05: CSE NEWS

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

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