News Clippings
22 April 2021
Contents Section 1 : Bangla News, Page-02 Section 2 : English News, Page-38 Section 2 : Foreign News, Page-49
Circulated to: DSE Readers
Dhaka Stock Exchange Limited
News Clippings
Section 1 : Bangla News
2 News Clippings
Daily Samakal 22 April 2021
3 News Clippings
Daily Samakal 22 April 2021
4 News Clippings
Daily Bonik Barta 22 April 2021
5 News Clippings
6 News Clippings
Daily Bonik Barta 22 April 2021
7 News Clippings
Daily Bonik Barta 22 April 2021
8 News Clippings
Daily Bonik Barta 22 April 2021
9 News Clippings
Daily Bonik Barta 22 April 2021
10 News Clippings
Daily Jugantor 22 April 2021
11 News Clippings
12 News Clippings
Daily Prothom Alo 22 April 2021
13 News Clippings
Daily Prothom Alo 22 April 2021
14 News Clippings
Daily Prothom Alo 22 April 2021
15 News Clippings
Daily Prothom Alo 22 April 2021
16 News Clippings
Daily Nayadiganta 22 April 2021
17 News Clippings
18 News Clippings
Daily Nayadiganta 22 April 2021
19 News Clippings
20 News Clippings
Daily Janakantha 22 April 2021
21 News Clippings
Daily Janakantha 22 April 2021
22 News Clippings
Kaler Kantha 22 April 2021
23 News Clippings
Daily Ittefaq 22 April 2021
24 News Clippings
Share Biz 22 April 2021
25 News Clippings
Jai Jai Din 22 April 2021
26 News Clippings
Bhorer Kagoj 22 April 2021
27 News Clippings
Bhorer Kagoj 22 April 2021
28 News Clippings
Daily Sangbad 22 April 2021
29 News Clippings
Bangladesher Khabor 22 April 2021
30 News Clippings
Bangladesher Khabor 22 April 2021
31 News Clippings
Amar Sangbad 22 April 2021
32 News Clippings
Desh Rupantor 22 April 2021
33 News Clippings
Daily Inqilab 22 April 2021
34 News Clippings
Desh Protikhon 22 April 2021
35 News Clippings
36 News Clippings
Desh Protikhon 22 April 2021
37 News Clippings
Section 2 : English News
38 News Clippings
The Financial Express 22 April 2021
39 News Clippings
40 News Clippings
The Financial Express 22 April 2021
41 News Clippings
New Age 22 April 2021
42 News Clippings
New Age 22 April 2021
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44 News Clippings
Daily Sun 22 April 2021
45 News Clippings
Daily Sun 22 April 2021
46 News Clippings
The Business Standard 22 April 2021
Desh General Insurance stocks soar 77% in 14 days The company says there was no undisclosed information behind the unusual price hike
KEY FINANCIALS
Raised Tk16 crore from the stock market through IPO Posted a profit of Tk1.99 crore in first 9 months of 2020 EPS in Jan-Sep 2020 period was Tk0.83 Net profit was Tk84 lakh in Jul-Sep 2020 quarter EPS was Tk0.35 during the period
The share price of the newly listed Desh General Insurance has soared by 77% to Tk39.9, from Tk22.5, in the last fourteen days.
Market records show that the share price rose by 5.56% on Tuesday, and 9.79% on the previous day.
The Dhaka Stock Exchange (DSE), in a letter on 18 April and again on 19 April, asked the company to explain the reason for its unusual share price hike.
In response, the company said there was no undisclosed price sensitive information driving the price hike.
47 News Clippings
Desh General Insurance got listed on the capital market this year and made its debut on both stock exchanges of the country on 29 March.
The company has raised Tk16 crore in capital from the stock market, issuing shares at Tk10 each with an initial public offering (IPO) for business expansion.
It will invest the IPO funds in the capital market, fixed deposit receipts (FDRs), and treasury bonds.
Former industries minister Amir Hossain Amu, and Bengal Group of Industries Chairman, M Morshed Alam, are the founders and major shareholders of the company.
Following the stock market debut, the share price of the company soared by 50% in the first trading session.
The share price rose by 50% again on the second day, and after that, the company has come under the circuit breaker from 1 April.
According to its financial statement, in the first nine months of 2020, Desh Insurance posted a profit of Tk1.99 crore and earnings per share (EPS) stood at Tk0.83, which was Tk1.98 crore and Tk0.82 respectively in the same time frame the year before.
In the July-September quarter, its net profit stood at Tk84 lakh and EPS Tk0.35, which was Tk65 lakh and Tk0.27 respectively, in the same time frame the year before.
48 News Clippings
Section 3 : Foreign News
49 News Clippings
The Financial Express 22 April 2021
50 News Clippings
Daily Observer 22 April 2021
51