BullBD Old Apps Site
Home
Details Chart Today news Share news Top gainer Top Looser Upcoming events
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0 1 2 3 4 5 6 7 8 9 All
Bank Cement Ceramics Sector Corporate Bond Engineering Financial Institutions Food & Allied Fuel & Power IT Sector Insurance Jute Life Insurance Miscellaneous Mutual Funds Paper & Printing Pharmaceuticals & Chemicals Services & Real Estate Tannery Industries Telecommunication Textile Travel & Leisure All
  • Details
  • Chart
  • News

SONARBAINS

All Eps Dividend Board Agm Q1 Q2 Q3

SONARBAINS 08-Jul-2021

(Continuation news of SONARBAINS): the Company performed several adjustments to prior year financial information for the year ended December 31, 2019. These adjustments were made to correct errors which were identified by the auditors during the prior year audit but no adjustment was during the year (leading to a qualified opinion). In line with IAS 8 Paragraph 42, these errors have been corrected in the financial statements and detailed disclosures have been provided below. (cont. 5)

SONARBAINS 08-Jul-2021

(Continuation news of SONARBAINS): Our audit opinion is not qualified in regard to this matter. Note 12.00 Investment in shares (at Fair Value): Balance of Investment in shares as on 31 December 2020 and 31 December, 2019 was BDT 27,651,242 and BDT 15,586,414 respectively. Note 42.00 Prior Year Restatement: During the preparation of and audit of December 31, 2020 financial statements, (cont. 4)

SONARBAINS 08-Jul-2021

(Continuation news of SONARBAINS): Emphasis of Matter: I) We draw attention to Note 12 of the financial statements, which describes matters related to implementation of investment policy for non-life insurance companies as issued by the IDRA. Our opinion is not modified in respect of this matter. II) We draw attention to Note 42 to the Financial Statements which explains that certain comparative information as at 31 December 2019 have been restated. (cont.3)

SONARBAINS 08-Jul-2021

(Continuation news of SONARBAINS): 2) The Company's subsidiary, Sonar Bangla Capital Management, has equity worth BDT 94,116,000 as Share Money Deposit. The subsidiary has held on to these deposits and not converted them into paid-up share capital within six (6) months of receiving the funds which is a non-compliance of Financial Reporting Council Bangladesh Circular 2020/01 dated 11 February 2020. (cont. 2)

SONARBAINS 08-Jul-2021

The auditor of the "Sonar Bangla Insurance Limited" has given the "Qualified Opinion" & "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended on 31 December 2020. In this regard, we may disseminate the following news through our online trading system: Basis for Qualified Opinion: 1) The Company did not set aside, due part of its profit, for the year in relation to workers profit participation and welfare fund as required under the Bangladesh Labour Act 2006. (cont.1)

SONARBAINS 16-Jun-2021

The Company has informed that the Board of Directors has decided to purchase 1,95,000 shares @ Tk. 100.00 each on which total worth stands at Tk. 2.10 crore from Mrs. Rawsonara Begum, shareholder of Sonar Bangla Capital Management Limited which is subsidiary Company of Sonar Bangla Insurance Limited.

SONARBAINS 16-Jun-2021

(Q1 Un-audited): Consolidated EPS was Tk. 1.39 for January-March 2021 as against Tk. 1.19 for January-March 2020. Consolidated NOCFPS was Tk. 0.79 for January-March 2021 as against Tk. 0.71 for January-March 2020. Consolidated NAV per share was Tk. 21.12 as on March 31, 2021 and Tk. 19.62 as on December 31, 2020.

SONARBAINS 16-Jun-2021

There will be no price limit on the trading of the shares of the Company today (16.06.2021) following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.

SONARBAINS 16-Jun-2021

The Board of Directors has recommended 15% cash dividend for the year ended on December 31, 2020. Date of AGM: 23.09.2021, Time: 11:00 AM, Venue: Digital Platform. Record Date: 27.07.2021. The Company has also reported Consolidated EPS of Tk. 2.09, Consolidated NAV per share of Tk. 19.62 and Consolidated NOCFPS of Tk. 3.66 for the year ended on December 31, 2020 as against Tk. 1.88 (restated), Tk. 18.22 (restated) and Tk. 1.29 (restated) respectively for the same period of the previous year.

SONARBAINS 06-Jun-2021

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on June 15, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021.

Previous Next page