Two more directors announce to buy shares

Last updated: December 18, 2011
Dhaka, Bangladesh (BBN)- Two more directors of Karnaphuli Insurance and NCC Bank declared to buy shares while one of the sponsors/directors of Aftab Automobiles has reported to his intention to transfer shares to his wife and his sons.
Sharmin Nasir, one of the directors of the Karnaphuli Isurnace, has reported her intention to buy 20,000 shares of the company at prevailing market price through Dhaka Stock Exchange (DSE) within next 30 working days.
 
Md. Abul Bashar, one of the directors of the NCC Bank, has reported his intention to buy 4,94,854 shares (In the Block Market) of the Bank at prevailing market price through Stock Exchange within next 30 working days.
 
Shafiul Islam, one of the sponsors/directors of the company, has reported his intention to transfer 8,50,000 shares out of his total holdings of 1,17,95,486 shares of the Company to his wife Khaleda Islam (4,00,000 shares), his sons namely Saiful Islam (1,50,000 shares), Sajedul Islam (1,50,000 shares) and his daughter Farhana Islam (1,50,000 shares), by way of gift outside the trading system of the DSE within 30 working days from the date of issuance of approval letter by DSE.
 
Meanwhile, with this total 17 companies sponsors/directors declared to buy shares to comply with the securities regulator’s recent directive.
 
BBN/SSR/AD-18Dec11-9:29 pm (BST)  
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