DSE news in brief

BERGERPBL

The Company has informed that it has decided to enter into a loan agreement with its parent company J&N Investments (Asia) Ltd to facilitate the opening of Letter of Credit for the import of materials. As per the agreement, the company will receive a shareholder’s loan amounting to 60 million USD in phases as per the business requirement.

SAIHAMTEX

Yasmin Faisal, one of the sponsor directors of the company, has expressed her intention to buy 4.5 lakh shares of the company at prevailing market price in the Block Market, through the Dhaka Stock Exchange within April 30.

BEACONPHAR

Dhaka Stock Exchange Ltd has approved the proposed name change of the company. The name of the company will be ‘Beacon Pharmaceuticals PLC’ instead of ‘Beacon Pharmaceuticals Limited’ effecting from April 16. Other official terms will remain unchanged.

CONTININS

The Board of Directors has recommended 10 per cent cash dividend for the year ended December 31, 2022. The date of AGM is set on June 14. Record Date is set on May 22. The company has also reported EPS of Tk 1.59 and NAV per share of Tk 22 and NOCFPS of Tk 1.80 for the year ended December 31, 2022 as against Tk 1.51, Tk 20.42 and Tk 2.07 respectively for the year ended December 31, 2021.