Dhaka, Bangladesh (BBN)-The management of the Dhaka Stock Exchange (DSE) has placed Fine Foods on ‘Z’ category from existing ‘B’ category as the company did not recommend any dividend for this year.
“The company will be placed on ‘Z’ category from existing ‘B’ category with effect from November 03, 2014 as per DSE (Settlement of Transactions) Regulations, 2013,” said a DSE statement posted on its website on Sunday.
The Stock Brokers and Merchant Bankers are requested not to provide loan facilities to purchase securities of Fine Foods Ltd starting from November 03, 2014 as per SEC Directive No SEC/CMRRCD/2001-43/169 dated October 01, 2009, said the statement.
The board of directors of Fine Foods did not recommend any dividend for the year ended on June 30, 2014. Record Date: 24.11.2014.
The company has also reported EPS of BDT (0.475), NAV per share of BDT 9.94 and NOCFPS of BDT (0.238) for the year ended on June 30, 2014.
BBN/BB/JF-02Nov14-12:00pm (BST)