market Disclosures

Salvo Chemical Industry

The company will be placed in 'B' category from existing 'N' category with effect from today as the company reported disbursement of 5 per cent stock dividend for the year ended on December 31, 2010.

BOC

Trading of the shares of the company will remain suspended on record date today for entitlement of interim dividend.

Navana CNG

Trading of the shares of the company will be allowed only in the spot market and block/odd lot transactions will also be settled as per spot settlement cycle with cum benefit from August 2 to 4. Trading of the shares of the company will remain suspended on record date on August 7.

Social Islami Bank

Ahmed Akbar Sobhan, one of the sponsors/directors of the bank, has reported his intention to sell 1,45,000 shares out of his total holdings of 1,49,750 shares of the bank at prevailing market price through the stock exchange within next 30 working days.

Union Capital

MA Rashid, one of the sponsors/directors of the company, has reported his intention to sell 3,00,000 shares out of his total holdings of 37,03,999 shares of the company at prevailing market price through the stock exchange within next 30 working days.

RN Spinning Mills

Kim Jung Suk, one of the sponsors/directors of the company, has reported his intention to sell 20,00,000 shares (bonus shares) out of his total holdings of 3,51,23,173 shares of the company at prevailing market price through the stock exchange within next 30 working days.

Stylecraft

The board of directors has recommended 50 per cent cash dividend for the year ended on March 31, 2011. The AGM will be held on September 22 at 3:30pm at auditorium of the Bangladesh Institute of Administration and Management at New Eskaton in Dhaka. Record date will be on August 17.

MJL Bangladesh

The board of directors has recommended 15 per cent cash dividend and 15 per cent stock dividend for the year ended on December 31, 2010. The AGM will be held on September 21 at 10:30am at Bangabandhu International Conference Centre in Dhaka. Record date will be on August 14.

    Source: DSE

Source : New Age