News on 14 July 2010

Only Spot Trade -SBINS

Please find ONLY SPOT Trade is allowed on the trading of the shs of Sonar Bangla Insurance Ltd. from today 14 to 18 July 2010 as the Record Date of the Co. is on 19 July 2010.

Record Date of MAKSP for Right

Trading of the shs of Maksons Spinning Mills Ltd. is suspended on its Record date today 14 July 2010 for entitlement of Right shs. The scrip will be revoked on 15 July 2010.

Record Date of BWEL for EGM

Trading of the shs of Bangladesh Welding Electrodes Ltd. is suspended on its Record date today 14 July 2010 for EGM. The scrip will be revoked on 15 July 2010.

Record Date of FILIC

Trading of the shs of Fareast Islami Life Insurance Co. Ltd. is suspended on its Record date today 14 July 2010. The scrip will be revoked on 15 July 2010.

Spot Trade through Normal Window

Please note that the trading of the shares of SBINS will be facilitated through normal trade window for convenience to all. However, the settlement of the trades will be on spot basis.

EGM of UBL

Uttara Bank Ltd. has informed that the Board of Directors of the Bank has decided (a) to change the denomination of shares of the Bank from the existing Tk. 100/- each to Tk. 10/- each and to change the size of market lot from 5 shs to 250 shs. (cont)

cont1-EGM of UBL

(b) to increase the Authorized Capital of the Bank from the existing Tk.320 crore to Tk.500 crore divided into 50,00,00,000 ordinary shares of Tk. 10 each and (c) to adopt special resolution for amendment to the relevant clause(s) of the Memorandum (cont)

cont2-EGM of UBL

and Articles of Association of the Bank for enhancement of Authorized Capital and change of denomination of the shares subject to approval of the shareholders in the EGM and Regulatory Authorities. (cont)

cont3-EGM of UBL

The Date, Time, Record Date and Venue of the EGM will be notified later on.(end)

NAV of IFICF1

NAV of IFIC Bank 1st Mutual Fund stood Tk. 1,243,076,268.28 translating to NAV per certificate of Tk 10.36 on the basis of cost price and Tk. 1,491,879,270.61 & Tk 12.43 respectively on market price at the close of business operation on 8 July 2010.

Ex-benefit Price Adjustments- NALI

Please note that the prices of the shares of NALI is adjusted today following its ex-benefits date to the extent of its corporate benefits, hence the price limit on the scrip will remain as it is today. Therefore, adjusted price of NALI =Tk. 6535.25.

Paid up shares of NALI increased

Paid up shs of National Life Insurance Co.Ltd.has been increased by 768,487 Bonus shs (i.e. 55% Bonus of 1,397,250 shs) as the scrip has been allowed to trade as ex-benefits with effect from 14 July 2010.Now the total paid up shs of the Co. is 2,165,737.

Floor Purchase by SIBNK

Social Islami Bank Ltd. has informed that the Board of Directors of the Bank has approved the purchase of a Floor Spaces measuring 5,000 sft. @ Tk. 14,000/- per sft. of the building at Latif Emporium, Plot # 27, Road # 07, Sector # 03, Uttara, Dhaka(cont)

cont-Floor Purchase by SIBNK

at a total cost of Tk. 7,00,00,000/- only for the use of the Bank's Uttara Branch, Dhaka subject to approval of Bangladesh Bank.(end)

Sell Intention- PLICL

Mr. Syed Zahrul Huq, one of the Sponsors/Directors of Popular Life Insurance Co. Ltd, has reported his intention to sell 200 shs out of his holdings of 2,020 shs of the Co. at prevailing market price through Stock Exchange within next 30 working days.

Transfer Intention- FILIC

Mrs. Ayesha Husne Jahan, one of the Sponsors/Directors of Fareast Islami Life Ins. Co. Ltd, has reported her intention to transfer total 30,000 shs out of her holdings of 59,680 shs of the Co.(cont)

cont-Transfer Intention- FILIC

to her Mother Mrs. Muslima Shirin by way of gift outside the trading system of the Exchange within next 30 working days.(end)

Record Dt.for Denomination of Shs-PFIL

Prime Finance & Investment Ltd.has informed that the Board of Directors of the Co.has fixed the Record Date on 22 July 2010 in connection with the change in denomination of share value from Tk.100 to Tk.10 each keeping the existing market lot at 50 shs.

Bonus Shs of OBL Credited

One Bank Ltd. has informed that the Bonus shares of the Co. for the year 2009 have been credited through CDBL to the respective shareholders' BO A/Cs on 13 July 2010.

Message from CSE

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

Message to Investors

All the valued investors are hereby informed that if the face value or market lot of any company listed in the capital market is changed, it does not result in changing of fundamentals of the respective company.(cont)

cont-Message to Investors

And, theoretically there is no rational for significant change in share price of the said company. Therefore, the investors should take their investment decision considering the above.(end)

Important News-LSCM

Lafarge Surma Cement Ltd. has further informed that the matter related to mining operations and other issues of the Co. has now been listed for hearing before the Supreme Court of India on July 16, 2010.

Important News from SEC

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, (cont)

cont1-Important News from SEC

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, (cont)

cont2-Important News from SEC

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. (cont)

cont3-Important News from SEC

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, (cont)

cont4-Important News from SEC

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)

Important News-FHDIL

All concerned are hereby informed that as per CSE records and the report of recent inspection carried in Fahad Industries Ltd, the following non-compliances were found. (cont)

cont1-Important News-FHDIL

1. The Company failed to hold Annual General Meeting (AGM) for its accounting years ended on June 30, 2008 & June 30, 2009. 2. The Company failed to issue Annual Reports for the aforesaid accounting years. (cont)

cont2-Important News-FHDIL

3. The Company is not in operation for more than six months. Therefore, in compliance with the SEC's Directive no SEC/CMRRCD/2001-07/190 dated October 20, 2009, CSE shall de-list the shares of Fahad Industries Ltd. from September 15, 2010, (cont)

cont3-Important News-FHDIL

if the situation of the Company is not improved in respect of the aforesaid non-compliances within the next six months from 15 March 2010.(end)

SEC's consent to raise paid-up Cap-SMTP

SEC has given consent to Summit Power Ltd., under the provisions of the Securities and Exchange Commission (Issue of Capital) Rules, 2001, for raising of capital through issuance of 3,00,00,000 Fully Convertible, (cont)

cnt1-SEC's cons.to raise paidup C.-SMTP

2.5% Dividend Preference Shares of Tk.100 each at par totaling Tk.300,00,00,000 only through existing ordinary shareholders and private placement. The consent has been accorded subject to the condition that the Co.shall comply with the relevant laws(cnt)

cnt2-SEC's cons.to raise paidup C.-SMTP

and regulatory requirements and shall also adhere to the conditions imposed by SEC under Section-2CC of the Securities and Exchange Ordinance, 1969.(end)

Subscrip.Period for Preference Shs-SMTP

Summit Power Ltd. has informed that SEC has given its consent for raising paid up capital by issuance of Preference Shares which will be used for meeting its costs of targeted / planned projects, repayment of its debts and its working capital.(cont)

cnt-Subs.Period for Preference Shs-SMTP

The Co. has also informed that the subscription period opens on 18 July 2010 and closes on 25 July 2010 for Preference Shares issue.(end)

Important News- UCBL

In response to SEC's letter No.SEC/SRMIC/94-205/415 dated 28 June 2010 United Commercial Bank Ltd. has informed that the Hon'ble Company Bench of the High Court Division of the Supreme Court of Bangladesh by a Judgment and Order dated 11 July 2010(cont)

cont1-Important News- UCBL

condoned the delay in calling and holding the 25th & 26th AGMs of the Bank for the calendar years 2008 & 2009. Following the Judgment and Order, an Emergent Meeting of the Board of Directors has been convened on July 15, 2010 at 3:00 p.m. (cont)

cont2-Important News- UCBL

in order to fixing up the date of EGM and 25th , 26th & 27th AGMs for the calendar years 2008, 2009 & 2010 and Record Date thereof. (end)

SEC's consent to raise paid-up C.-BDCOM

SEC has given consent to BDCOM Online Ltd., under the provisions of the Securities and Exchange Commission (Issue of Capital) Rules, 2001, for raising of capital through issuance of 2,46,40,000 Fully Convertible, (cont)

cnt1-SEC's cons to raise paidup C-BDCOM

12% Dividend p.a. Preference Shares of Tk. 10 each totaling Tk. 24,64,00,000/- only through existing ordinary shareholders and private placement. The consent has been accorded subject to the condition that the Co. shall comply with the relevant laws(cont)

cnt2-SEC's cons to raise paidup C-BDCOM

and regulatory requirements and shall also adhere to the conditions imposed by SEC under Section-2CC of the Securities and Exchange Ordinance, 1969.(end)

Bonus Shs of FAS Credited

Fidelity Assets & Securities Co. Ltd. has informed that the Bonus shares of the Co. for the year 2009 have been credited through CDBL to the respective shareholders' BO A/Cs on 12 July 2010.

Bonus Shs of ISN Credited

Information Services Network Ltd. has informed that the Bonus shares of the Co. for the year 2009 have been credited through CDBL to the respective shareholders' BO A/Cs on 11 July 2010.

Bonus Shs of MIC Credited

Mercantile Insurance Co. Ltd. has informed that the Bonus shares of the Co. for the year 2009 have been credited through CDBL to the respective shareholders' BO A/Cs on 13 July 2010.

Sell Intention-SJIB

Alhaj Tofazzal Hossain, one of the Sponsors/Directors of Shahjalal Islami Bank Ltd,has reported his intention to sell 15,000 shs out of his holdings of 6,27,038 shs of the Bank at prevailing market price through Stock Exchange within next 30 working days.

Trade disruption

All Concerned are hereby informed that due to technical reason members are facing trade interruption today. We regret for the inconvenience.

Only Spot Trade tomorrow- SPORT

Please find ONLY SPOT Trade will be allowed on the trading of the shs of Summit Alliance Port Ltd., from tomorrow 15 to 19 July 2010 as the Record Date of the Co. is on 20 July 2010 for changing Face Value and Market Lot.

Trade disruption

All Concerned are hereby informed that due to technical reason members are facing trade interruption today. We regret for the inconvenience.

Trading Session will be extended

Due to technical reason the Trading Session has been extended sufficiently.