CORPORATE BRIEFS

FAREAST ISLAMI LIFE INSURANCE
The insurer's EGM will be held on June 9 (at 11:30am) at Topkhana Road in Dhaka. The meeting aims to amend the Memorandum of Association and the Articles of Association to increase its authorised capital from Tk 25 crore to Tk 50 crore. The record date for EGM is May 17.
FIRST LEASE FINANCE AND INVESTMENT
As per unaudited quarterly accounts for the first quarter ended on March 31, the company reported profit after tax of Tk 43.76 million with basic earnings per share (EPS) of Tk 19.02 as against Tk 25.60 million and Tk 11.13 (restated) respectively for the same period of the previous year. However, considering proposed 75 percent bonus share for 2009, diluted EPS will be Tk 10.87 as of March 31, 2010 and Tk 6.36 (restated) as of March 31, 2009.
HEIDELBERG CEMENT BD
As per unaudited quarterly accounts for the first quarter to March 31, the company reported profit after tax of Tk 330.18 million with earnings per share of Tk 58.44 as against Tk 252.64 million and Tk 44.71 respectively for the same period of the previous year.
MONNO FABRICS
Trading of the company's shares will be allowed only on the spot market and block/odd lot transactions will also be settled as per spot settlement cycle from today to May 17. Trading will remain suspended on May 18, as book closure will start from May 19.
ICB ISLAMIC BANK
As per unaudited quarterly accounts for the first quarter to March 31, the bank reported net loss of Tk (401.07) million with earnings per share of Tk (60.34) as against Tk (132.74) million and Tk (19.97) respectively for the same period of the previous year. Its accumulated loss was Tk (12,127.36) million as of March 31.
IDLC FINANCE
As per unaudited quarterly accounts for the first quarter to March 31, the company reported consolidated net profit of Tk 244.40 million with consolidated basic earnings per share (EPS) of Tk 81.47 as against Tk 116.11 million and Tk 38.70 (restated) respectively for the same period of the previous year. However, considering 100 percent bonus share for 2009, consolidated diluted EPS is Tk 40.73 as of March 31, 2010 and Tk 19.35 (restated) as of March 31, 2009. Whereas, net profit of Tk 137.38 million with basic EPS of Tk 45.79 for the first quarter ended on March 31, as against Tk 67.78 million and Tk 22.59 (restated) respectively for the same period of the previous year. However, considering 100 percent bonus share for 2009, diluted EPS is Tk 22.90 as of March 31, 2010 and Tk 11.30 (restated) as of March 31, 2009.
LEGACY FOOTWEAR
The company said its 13th AGM will now be held on August 16 instead of September 28 and the book closure period will be from May 16 to June 14 instead of August 30 to September 28 to comply with SEC notification dated October 5, 2009. It also reported net asset value of Tk 144.13 million, earnings per share of Tk 0.73 and net operating cash flow per share of Tk 0.58, as of December 31, 2009. Other information of the AGM will remain the same as announced earlier.