market Disclosures

Peoples Insurance

Md Farhad Ahmed Akanda, one of the sponsors/directors of the company, has reported his intention to sell 1,50,000 shares out of his total holdings of 14,38,547 shares of the company at prevailing market price through the stock exchange within next 30 working days.

BOC

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 28 to August 1. Trading of the shares of the company will remain suspended on record date on August 2 for entitlement of interim dividend.

Grameenphone

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

Karnaphuli Insurance

Ummu Kawser Salsabil, one of the sponsors/directors of the company, has reported her intention to sell 75,000 shares out of her total holdings of 5,10,594 shares of the company at prevailing market price through the stock exchange within next 30 working days.

Mercantile Bank

AKM Shaheed Reza, one of the sponsors/directors of the bank, has reported his intention to sell 5,000 shares out of his total holdings of 1,62,219 shares of the bank at prevailing market price through the stock exchange within next 30 working days.

Islamic Finance & Investment

Liaquat Hossain Moghul, one of the sponsors/directors of the company, has reported his intention to sell 10,000 shares out of his total holdings of 1,59,524 shares of the company at prevailing market price through the stock exchange within next 30 working days.

Mercantile Insurance Co

Farhana Islam Sonia, one of the sponsors/directors

of the company, has reported her intention to sell 1,550 shares out of her total holdings of 27,909 shares of the company at prevailing market price through the stock exchange within next 30 working days.

Bd Thai Aluminium

Zahid Maleque, one of the sponsors/directors of the company, has reported his intention to sell 50,000 shares out of his total holdings of 5,31,925 shares of the company at prevailing market price through the stock exchange within next 30 working days.

Federal Insurance

Muhammed Abdul Khaleque, one of the sponsors/directors of the company, has reported his intention to sell 60,000 shares out of his total holdings of 2,88,260 shares of the company at prevailing market price through the stock exchange within next 30 working days.

Navana CNG

The board of directors has recommended 18 per cent cash dividend and 14 per cent stock dividend for the year ended on March 31, 2011. The AGM will be held on September 22 at 9:30am at Bashundhara Convention Centre at Baridhara in Dhaka. Record date will be on August 7.  The board has also recommended to increase the authorised share capital of the company from Tk 50 crore to Tk 150 crore (subject to the approval by the shareholders in the general meeting).

    Source: DSE

Source : New Age