market Disclosures

NCC Bank
Tofazzal Hossain, one of the sponsors/directors of the bank, has reported his intention to sell 4,00,000 shares out of his total holdings of 60,28,594 shares of the bank at prevailing market price through the stock exchange within next 30 working days.
Aslam-ul-Karim and Sanowara Begum, both are sponsors of the bank, have reported their intention to sell 50,000 and 5,00,000 shares out of their total holdings of 18,32,971 and 23,79,894 shares respectively at prevailing market price through the stock exchange within next 30 working days.

Grammenphone
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 July 25 to 27. Trading of the shares of the company will remain suspended on record date on July 28 for entitlement of interim dividend.

Meghna Life Insurance
Nasir Uddin Ahmed, one of the sponsors/directors of the company, has reported his intention to sell 1,00,000 shares out of his total holdings of 7,48,560 shares of the company at prevailing market price through the stock exchange within next 30 working days.

BOC
The company has informed that the board of directors has recommended 250 per cent interim dividend (Tk 25 per share of Tk 10 each) for the year ending December 31, 2011. Record date for entitlement of interim dividend will be on August 2. The company will also hold an EGM on October 20 to place the following resolution as special resolution: 'It is hereby resolved that subject to necessary government approvals, the name of the company be changed from "BOC Bangladesh Limited" to "Linde Bangladesh Limited" and that the words "BOC Bangladesh Limited", wherever they appear in the memorandum and articles of association of the company, be substituted by words "Linde Bangladesh Limited". The record date for EGM will be on September 20. Time and venue of the EGM will be announced later.

Square Pharmaceuticals
The board of directors has recommended 30 per cent cash dividend and 35 per cent stock dividend for the year ended on March 31, 2011. The AGM will be held on September 21 at 11:00 am at factory premises at Kaliakoir in Gazipur. Record date will be on August 16.
    Source: DSE
Source : New Age

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