CORPORATE BRIEFS

DUTCH-BANGLA BANK
The bank says the board of directors has taken the following decisions: A. Formation of a wholly-owned subsidiary company of Dutch-Bangla Bank to carry out merchant banking operation subject to obtaining approval from Bangladesh Bank; and B. Obtaining licence from Bangladesh Bank through Bangladesh Export Processing Zones Authority for two offshore banking units to be operated in separate counters in the bank's Dhaka EPZ branch and Agrabad branch, Chittagong to provide services to the clients of both Dhaka and Chittagong EPZs.
MEGHNA PETROLEUM
The Securities and Exchange Commission has served notice on the company, its directors, managing director and company secretary in connection with the non-submission of audited financial statements for the year to June 30, 2009.
ISLAMI INSRUNACE
Unaudited quarterly accounts for the third quarter to September 30 show the company has made net profit of Tk 10.29 million with EPS of Tk 6.86.
BGIC
The company has said it credited the rights shares to the respective shareholders' BO accounts yesterday.
BEXIMCO PHARMA
The company says that 4.1 crore fully convertible preference shares have been fully subscribed and allotted to the respective subscribers against their subscriptions.