Stocks
Two Directors from Apex Foods resign, board restructured
Apex Foods Limited, a listed company on the stock market, witnessed the resignation of two directors, prompting a reorganization of its board. The Dhaka Stock Exchange (DSE) confirmed the departures of directors Mr Mahir Ahmed and Mr Eifaj Ahmed. Consequently, the company underwent a board restructuring process.
The newly appointed Chairman of the board is Jahur Ahmed. Mrs Shawkat Ara Ahmed, the spouse of former Chairman Jafar Ahmed, and Asim Kumar Bhowmik have taken on directorial roles. Mrs. Shawkat Ara Ahmed (who holds 17.33% shares of the company), wife of former Chairman Mr. Zafar Ahmed was appointed as Director of the Company. Additionally, Tarek Nijam Uddin Ahmed has assumed the position of Independent Director.
Shahriar Ahmed continues to serve as the Managing Director of Apex Foods Limited.
Dhaka Stock Exchange DSE, Bourse on the last working day of the week, April 18th, ended with a drop in Indices and hike in Turnover from the previous working session. This information is known from DSE sources.
522 crore 51 lakh taka shares were traded on this day. 39 crore 97 lakh more tradings were done in DSE today compared to the previous workday, 17th April , Shares worth Tk 482 crores 53 lakh shares were traded last time, Wednesday.
The benchmark DSEX lost 77.08 points or 5,686 The Shariah-based index DSES dropped 15.85 points or 1,246, and the blue-chip index DS30 decreased by 22.77 points or 1,984.
Of the issues traded, 29 advanced, 342 declined and 24 remained unchanged.
Asiatic laboratories Limited ranked top gainer on DSE, the share price increased by Tk 4.60 paisa or 9.96 percent. On this day, the share was last traded at Tk 50.80 paisa.
Far East Finance & Investment Limited ranked top loser on the DSE, the share price dropped by Tk 0.30 paisa or 6.97 percent. On this day, the share was last traded at Tk 4.00 paisa.
DSE topped on trade is Asiatic Laboratories Limited 39 crore 22 lakh takas of company shares have been traded.
A total of 40 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 47 lakh 25 thousand 651 shares of the companies were traded. The financial value of which is 17 crore 46 lakh taka
One of the listed companies, Agni Systems limited discloses its financial reports for the third quarter, (January – March 24).
The company’s earnings per share (EPS) was Tk 0.32 paisa in Q3 of the current financial year (January – March 24). EPS was Tk 0.27 paisa during the same period last year. NAV per share was Tk. 16.37 as of March 31, 2024.
One of the Listed companies, Dutch Bangla Bank PLC has recommended 17.5% Cash Dividends & 17.5% Stock Dividends for the year ended December 31, 2023.
In terms of financial performance, The Company has further informed Consolidated EPS of Tk. 10.72 for the year ended December 31, 2023. The Company has also reported Consolidated NAV per share of Tk. 64.41 for the year ended December 31, 2023.
The Annual General Meeting (AGM) of the company will be taking place on June 09, through the digital platform. The record date for this has been fixed at May 9.
