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HWTL proposes 17pc cash dividend

Published : Thursday, 8 November, 2018 at 12:00 AM Count : 678
Business Desk

The Board of Directors of Hwa Well Textiles (BD) Limited (HWTL) has recommended 17 per cent cash dividend for its shareholders for the year that concluded on June 30, 2018.
The HWTL's annual general meeting (AGM) will be held at 10:30am on December 19, 2018 and its venue will be notified later.
The company's record date for the AGM is on November 22, 2018.
The company has also reported EPS of Tk 2.27, NAV per share of Tk 29.01 and NOCFPS of Tk 4.43 for the same year as against Tk 2.10, Tk 28.20 and Tk 4.94 respectively for the same period of the previous year.

RSRM Steel to give 12pc cash dividendThe Board of Directors of RSRM Steel Limited (RSRM Steel) has recommended 12 per cent cash dividend for its shareholders for the year that ended on June 30, 2018.
The RSRM Steel's annual general meeting (AGM) will be held at 11:00am on December 17, 2018 at Shaheen Golf & Country Club on Airport Road in the port city's Patenga area. The company's record date for the AGM is on November 22, 2018.
Navana CNG declares 12pc cash dividend
The Board of Directors of Navana CNG Limited (Navana CNG) has recommended 12 per cent cash dividend for its shareholders for the year that ended on June 30, 2018.
The Navana CNG's annual general meeting (AGM) will be held at 11:00am on December 9, 2018 at International Convention City, Bashundhara on Kuril Bishwa Road at Purbachal Express Highway in the capital.
The company's record date for the AGM is on November 20, 2018.

Trading of co sharesTrading of the following companies' shares will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle from today (November 8) to November 20, 2018.
The companies are Imam Button Industries Limited, aamra networks limited, Fareast Islami Life Insurance Company Limited, Shepherd Industries Limited, MI Cement Factory Limited, Rahim Textile Mills Limited and National Tea Company Limited.        
Trading of their shares will remain suspended on record date on November 22, 2018.
Sunlife Insí credit rating result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the surveillance rating of Sunlife Insurance Company Limited (Sunlife Ins) as 'BBB3' in the long term along with stable outlook based on its audited financial statements as of December 31, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration.    SOURCE: DSE/CSE

Global Ins: National Credit Ratings Limited (NCR) has announced the surveillance insurers financial strength rating of Global Insurance Company Limited (Global Ins) as "A+" in the long term and "ST-2" in the short term based on audited financial statements of the Company of December 31, 2017.

HR Tex: National Credit Ratings Limited (NCR) has announced the surveillance rating of HR Textile Limited (HR Tex) as 'A+' in the long term and 'ST-2' for short term along with a stable outlook based on its audited financial statements as on June 30, 2017.

First Finance: Alpha Credit Rating Limited (AlphaRating) has rated First Finance Limited (First Finance) as 'BBB' in the long term and 'ST-3' in the short term along with a stable outlook based on its audited financial statements up to December 31, 2017 and relevant qualitative information up to October 13, 2018.

Delta Spinners: WASO Credit Rating Company (BD) Limited (WCRCL) has announced the entity rating of Delta Spinners Limited (Delta Spinners) as 'BBB1' for long term and 'ST-3' for short term along with a stable outlook based on its latest audited financial statements for the year 2016- 2017 and other relevant quantitative and qualitative information.



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