The authorities concerned have changed the category of two listed companies – Aamra Networks and Metro Spinning – effective from Sunday next (January 28) as they reported disbursement of dividend.
Aamra Networks disbursed 10 per cent cash dividend while Metro Spinning paid 2.0 per cent cash dividend for the year ended on June 30, 2017.
Aamra Networks will be placed in the ‘A’ category from the existing ‘N’ category while Metro Spinning Mills will be promoted to the ‘B’ category from the existing ‘Z’ category.
The stockbrokers and merchant bankers have been requested to abstain from providing loan facilities to purchase securities of these two companies from 1st to 30th trading day after change in the categories with effect from January 28, 2018 as per the securities regulator’s directive in this regard, according to separate official disclosure posted on the Dhaka bourse’s website on Thursday.
The share price of Aamra Networks, which made its share trading debut on October 2, 2017, closed at Tk 87.60, losing 0.57 per cent compared to the previous day.
The share price of Metro Spinning closed at Tk 12.20 – thereby shedding 3.17 per cent over the previous day.
The company was listed with the Dhaka bourse in 2002.
