News Clippings

News Clippings

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 43 News Clippings 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 .

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