Price Sensitive Information

Last Updated on Tuesday, 31 January 2023 03:59 Written by Administrator Wednesday, 15 November 2017 08:39

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News Post Date:30 -01-2023

EPS was Tk. 0.15 for October-December 2022 as against Tk. 0.14 for October-December 2021; EPS was Tk. 0.44 for July-December 2022 as against Tk. 0.26 for July-December 2021. NOCFPS was Tk. 0.74 for July-December 2022 as against Tk. 0.68 for July-December 2021. NAV per share was Tk. 7.23 as on December 31, 2022 and Tk. 7.06 as on June 30, 2022.

Reasons for deviation in EPS, NAVPS and NOCFPS: The company's overall sales have been increased than comparative period and cost of goods & financial expenses have been decreased which resulted to increase in profit. NAVPS has increased due to increase of profit. NOCFPS has slightly increased due to reduction of working capital.

 

News Post Date:23 -01-2023

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the company has informed that a meeting of the Board of Directors will be held on January 30, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the company for the First Quarter (Q2) period ended December 31, 2022.

 

BANGLADESH AUTOCARS LIMITED

NOTICE FOR THE 43RD ANNUAL GENERAL MEETING

Notice is hereby given to the shareholders of Bangladesh Autocars Ltd. that the 43rd ANNUAL GENERAL MEETING of the Company to be held on 28th December 2022 at 12.00 noon on the Digital Platform. All shareholders are requested to attend the meeting in time. The following business shall be transacted in the meeting.

AGENDA

  1. To read and confirm the minutes of the 42nd Annual General Meeting of  the Company which was held on December 28, 2021.
  2. To accept and adopt the Audited Balance Sheet and Accounts of the Company for the year ended 30th June, 2022 along with the detail Directors report and Auditors report thereon.
  3. To approve the @ 4% cash dividend general public holder for each share of Tk 10/- as recommended by the Board of Director for the year ended 30th June 2022.
  4. To elect Directors in terms of Articles of Association of the Company and appoint the Independent Directors as per Corporate Governance Code of BSEC Notification for next one year.
  5. To appoint the Auditors of the Company for the year 2022-2023 and fix their remuneration.
  6. To appoint the Compliance Auditors of the Company for the year 2022-2023 and fix their remuneration.

 

  1. Miscellaneous (if any required)

 

On behalf and by order of the

Board of Directors of the company

Sd/-

Md. Shariful Islam

Acting Company Secretary.

Dated: November 20, 2022.

NOTES:

  1. The Record date of the Company was on November 21, 2022 and the name of shareholders in the Register of the Company or CDBL on the Record date will be eligible to attend and vote in the AGM through Digital Platform and to receive dividend
  2. A shareholder entitled to attend and vote in the AGM, may appoint a proxy in his stead. Scanned copy of the proxy form, duly stamped should be emailed at This e-mail address is being protected from spambots. You need JavaScript enabled to view it at least 48 hours before the meeting.
  3. As per BSEC Notification No. BSEC/CMRRCD/2006 158/208/Admin/81 dated 20 June 2018, soft copies of the Annual Report 2021-22 along with the Proxy Form will be sent to the shareholder’s respective email address available with us through CDBL record. The Annual Report will also be available in the Company’s website at: www.bdautocars.com
  4. Please follow http://bdautocars.agm.watch for joining in the Digital Platform of the 43rd Annual General Meeting of Bangladesh Autocars Ltd.

 

News Post Date:14 -11-2022

(Q1 Un-audited): EPS was Tk. 0.29 for July-September 2022 as against Tk. 0.12 for July-September 2021; NOCFPS was Tk. 0.17 for July-September 2022 as against Tk. 0.15 for July-September 2021. NAV per share was Tk. 7.36 as on September 30, 2022 and Tk. 7.06 as on June 30, 2021.

News Post Date:07 -11-2022

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the company has informed that a meeting of the Board of Directors will be held on November 14, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the company for the First Quarter (Q1) period ended September 30, 2022.

News Post Date:29 -10-2022

Dividend Declaration

The Board of Directors has recommended 4% Cash dividend for the general shareholders (other than Sponsors and Directors) for the year ended June 30, 2022. Total paid up number of shares are 43,26,013 and General Shareholders hold 30,25,766 shares and Sponsor Shareholders and Directors hold 13,00,247 shares (except independent Directors). Cash dividend payable to the general shareholders is Tk. 12,10,307.00.

Date of AGM: 28.12.2022, Time: 12:00 PM, Venue: Digital Platform. Record Date: 21.11.2022. The Company has reported EPS of Tk. 0.49, NAV per share of Tk. 7.06 and NOCFPS of Tk. 1.61 for the year ended June 30, 2022 as against Tk. 0.37, Tk. 6.85 and Tk. 2.05 respectively for the same period of the previous year.

 

Basis for Qualified Opinion of Independent Auditor’s Report

  1. The company has refund claim of Tk.1, 070,772 dated: 28.11.2007 and 22.08.2008 to taxation authority for VAT deducted at import stage. The said claim was not responded by the government authority since then. This long outstanding should be written off in the face of statement of profit or loss as the chance of recoverability of said claim is remote.
  2. In view of our audit, we observed that the financial statements is excessively carrying of Tk. 1,695,974 and Tk.183, 631 respect of Advance Income Tax (note no. 5.02) and advance against capital expenditure respectively. The Advance Income Tax and advance against capital expenditure should be written off further by TK.1, 879,605.
  3. If the observation raised in SL no. 1 to 2 in Basis of Qualified Opinion Paragraph is correctly accounted for in these financial statements for the year June 30, 2022, then Net Asset Value (NAV) and profit at the year-end will be reduced by Tk. 2,950,377. Consequently, the NAV and EPS per share shall be reduced by Tk.0.68

Other Matter Paragraphs

  1. As per labor act 2006, sec-234, the company must have to pay WPPF liability within 09 months form the accounting year end. The balance of unpaid WPPF stood of taka 2,954,648 at the year end, out of which taka 933,956 is maintained in separate Bank account no: 23089 with Pubali Bank Limited.
  2. During our audit we did not obtain third party confirmation in all respect.
  3. According to the directive of BSEC no. BESC/CMRRCD/2021-386/03 dated: January 2021, the company have to kept unclaimed dividend in separate bank account and transfer the unclaimed dividend to the Capital Market Stabilization Fund (CMSF) which is unpaid consecutive three years. In our observation, we found that the unclaimed dividend is older than three year of was not transferred to CMSF. As per guide line of said directive unclaimed dividend taka 4,344,489 (out of which taka 2,159,268 is belong to the directors) should maintain in separate bank account, but current balance of the bank account (designated for the dividend) is maintained taka 1,148,691.

News Post Date:20 -10-2022

As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 29, 2022 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.

News Post Date:21 -04-2022

(Q3 Un-audited): EPS was Tk. 0.19 for January-March 2022 as against Tk. 0.06 for January-March 2021; EPS was Tk. 0.44 for July 2021-March 2022 as against Tk. 0.31 for July 2020-March 2021. NOCFPS was Tk. 1.00 for July 2021-March 2022 as against Tk. 1.42 for July 2020-March 2021. NAV per share was Tk. 7.02 as on March 31, 2022 and Tk. 6.85 as on June 30, 2021.

News Post Date:17 -04-2022

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 21, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.

News Post Date:30 -01-2022

(Q2 Un-audited): EPS was Tk. 0.14 for October-December 2021 as against Tk. 0.15 for October-December 2020; EPS was Tk. 0.26 for July-December 2021 as against Tk. 0.25 for July-December 2020. NOCFPS was Tk. 0.68 for July-December 2021 as against Tk. 1.24 for July-December 2020. NAV per share was Tk. 6.83 as on December 31, 2021 and Tk. 6.85 as on June 30, 2021.

News Post Date:24 -01-2022

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on January 30, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.

 

NOTICE FOR THE 42ND   ANNUAL GENERAL MEETING

Notice is hereby given to the shareholders of Bangladesh Autocars Ltd. that the 42nd ANNUAL GENERAL MEETING of the Company to be held on 28th December 2021 at 12.00 noon on the Digital Platform. All shareholders are requested to attend the meeting in time. The following business shall be transacted in the meeting.

AGENDA

  1. To read and confirm the minutes of the 41th   Annual General Meeting of  the Company which was held on December 20, 2020.
  2. To accept and adopt the Audited Balance Sheet and Accounts of the Company for the year ended 30th June, 2021 along with the detail Directors report and Auditors report thereon.
  3. To approve the @ 4% cash dividend general public holder for each share of Tk 10/- as recommended by the Board of Director for the year ended 30th June 2021.
  4. To elect Directors in terms of Articles of Association of the Company and appoint the Independent Directors as per Corporate Governance Code of BSEC Notification for next one year.
  5. To appoint the Auditors of the Company for the year 2021-2022 and fix their remuneration.
  6. To appoint the Compliance Auditors of the Company for the year 2021-2022 and fix their remuneration.
  7. Miscellaneous (if any required)

 

On behalf and by order of the

Board of Directors of the company

Sd/-

Md. Shariful Islam

Acting Company Secretary.

 

Dated: November 20, 2021.

NOTES:

  1. The Record date of the Company was on November 22, 2021 and the name of shareholders in the Register of the Company or CDBL on the Record date will be eligible to attend and vote in the AGM through Digital Platform and to receive dividend
  2. A shareholder entitled to attend and vote in the AGM, may appoint a proxy in his stead. Scanned copy of the proxy form, duly stamped should be emailed at This e-mail address is being protected from spambots. You need JavaScript enabled to view it at least 48 hours before the meeting.
  3. As per BSEC Notification No. BSEC/CMRRCD/2006 158/208/Admin/81 dated 20 June 2018, soft copies of the Annual Report 2020-21 along with the Proxy Form will also be sent to the shareholder’s respective email address available with us through CDBL record. The Annual Report will also be available in the Company’s website at: www.bdautocars.com
  4. Please follow http://bdautocars.agm.watch for joining in the Digital Platform of the 42nd  Annual General Meeting of Bangladesh Autocars Ltd.

 

News Post Date:14 -11-2021

Q1 Un-audited: EPS was Tk. 0.12 for July-September 2021 as against Tk. 0.10 for July-September 2020; NOCFPS was Tk. 0.15 for July-September 2021 as against Tk. 0.81 for July-September 2020. NAV per share was Tk. 6.97 as on September 30, 2021 and Tk. 6.85 as on June 30, 2021.

News Post Date:09 -11-2021

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on November 14, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.

News Post Date:28 -10-2021

Dividend Declaration

The Board of Directors has recommended 4% Cash dividend (other than Sponsors and Directors) for the year ended on June 30, 2021. Total paid up number of shares is 43,26,013 nos. and General Shareholders holding is 30,25,766 nos. of shares and Sponsors Shareholders and Directors are holding 13,00,247 nos. of shares (except independent Directors) Taka 12,10,307/- which is 4% cash dividend for 30,25,766 number of shares of Taka 10 each payable to the General Shareholders.

Date of AGM: December 28, 2021, Time: 12:00 Noon, Venue: Digital Platform. Record Date: November 22, 2021. The Company has reported EPS of Tk. 0.37, NAV per share of Tk. 6.85 and NOCFPS of Tk. 2.05 for the year ended on June 30, 2021 as against Tk. 0.34, Tk. 6.79 and Tk. (0.05) respectively for the same period of the previous year.

Basis for Qualified Opinion of Independent Auditor’s Report

  1. The company has refund claim of Tk.1, 070,772 dated: 28.11.2007 and 22.08.2008 to taxation authority for VAT deducted at import stage. The said claim was not responded by the government authority since then. This long outstanding should be written off in the face of statement of profit or loss as the chance of recoverability of said claim is remote.
  2. In view of our audit, we observed that the financial statements is excessively carrying of Tk. 2,195,974 and Tk.183,631 respect of Advance Income Tax (note no. 5.02) and advance against capital expenditure respectively. The Advance Income Tax and advance against capital expenditure should be written off further by TK.2, 819,605.
  3. If the observation raised in SL no. 1 to 2 in Basis of Qualified Opinion Paragraph is correctly accounted for in these financial statements for the year June 30, 2021, then Net Asset Value (NAV) at the year-end will be reduced by Tk. 2,379,605. Consequently, the NAV per share shall be reduced by Tk.0.55

Other Matter Paragraphs

  1. As per labor act 2006, sec-234, the company must have to pay WPPF liability within 09 months form the accounting year end. The company is carrying forward WPPF liability of taka 2,778,409 at the year.
  2. During our audit we did not obtain third party confirmation in all respect

News Post Date:21 -10-2021

As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 28, 2021 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.

News Post Date:19 -08-2021

EPS was Tk. 0.06 for January-March 2021 as against Tk. 0.05 for January-March 2020; EPS was Tk. 0.31 for July 2020-March 2021 as against Tk. 0.79 for July 2019-March 2020. NOCFPS was Tk. 1.42 for July 2020-March 2021 as against Tk. 0.12 for July 2019-March 2020. NAV per share was Tk. 6.80 as on March 31, 2021 and Tk. 6.79 as on June 30, 2020.The Company has also informed that in effect of Covid-19 the sales of the Company is severely affected. As such sales of the Company revenue has been fall on by 27% (approx.). Hence result net profit has also been decreased severely during this period. Due to reduction of working capital requirement, the NOCFPS of the Company was significantly better then comparative periods of operating cash flow.

News Post Date:16 -08-2021

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on August 19, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021

News Post Date:28 -01-2021

Q2 Financials-EPS was Tk. 0.15 for October-December 2020 as against Tk. 0.20 for October-December 2019; EPS was Tk. 0.25 for July-December 2020 as against 0.74 for July-December 2019. NOCFPS was Tk. 1.24 for July-December 2020 as against Tk. 0.92 for July-December 2019. NAV per share was Tk. 6.74 as on December 31, 2019 and Tk. 7.18 as on December 31, 2019

News Post Date:24 -01-2021

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on January 28, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.

 

News Post Date:15 -11-2020

Q1 Un-audited): EPS was Tk. 0.10 for July-September 2020 as against Tk. 0.54 for July-September 2019; NOCFPS was Tk. 0.81 for July-September 2020 as against Tk. 0.89 for July-September 2019. NAV per share was Tk. 6.89 as on September 30, 2020 and Tk. 7.99 as on September 30, 2019

News Post Date:07 -02-2020

Dividend Declaration

The Board of Directors has recommended 3% cash dividend for the year ended on June 30, 2020. Date of AGM: 20.12.2020, Time: 11:00 AM, Venue: Digital Platform. Record date: 18.11.2020. The Company has also reported EPS of Tk. 0.34, NAV per share of Tk. 6.79 and NOCFPS of Tk. (0.05) for the year ended on June 30, 2020 as against Tk. 1.53, Tk. 7.44 and Tk. 2.27 respectively for the same period of the previous year.

News Post Date:07 -02-2020

Q3 Financials-EPS was Tk. 0.05 for January-March 2020 as against Tk. 0.41 for January-March 2019; EPS was Tk. 0.79 for July 2019-March 2020 as against Tk. 1.05 for July 2018-March 2019. NOCFPS was Tk. 0.12 for July 2019-March 2020 as against Tk. 1.97 for July 2018-March 2019. NAV per share was Tk. 7.23 as on March 31, 2020 and Tk. 7.44 as on June 30, 2019.

News Post Date:02 -02-2020

Q2 Financials-EPS was Tk. 0.20 for October-December 2019 as against Tk. 0.19 for October-December 2018; EPS was Tk. 0.74 for July-December 2019 as against Tk. 0.64 for July-December 2018. NOCFPS was Tk. 0.92 for July-December 2019 as against Tk. 1.56 for July-December 2018. NAV per share was Tk. 7.18 as on December 31, 2019 and Tk. 7.44 as on June 30, 2019

News Post Date:16 -01-2020

Sale Declaration of a Sponsor.Mrs. Rozina Murad Ali Lakhani, one of the Sponsors of the Company, has expressed her intention to sell 26,000 shares out of her total holding of 2,24,645 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within next 30 working days.

News Post Date:17 -12-2019

Approval of 10% cash Dividend instead of 15% stock dividend.The Company has further informed that The Board of Directors and Shareholders of the Company has approved 10% cash dividend instated of earlier declared 15% stock dividend for the year ended on June 30, 2019 in their 40th AGM which was held on December 15, 2019 to comply with the press release of BSEC dated October 02, 2019.

 

News Post Date:20 -11-2019

Event after reporting period: The Board of Directors of the company has approved the financial statements as on 20.10.2019 and recommended cash Nil and 15% stock dividend for the financial year June 30, 2019, however compliance to the latest press release reference no. BSEC/muhko patro(tritio khondo)/2011/129 dated 02nd October, 2019 of BSEC will be considered at the 40th AGM of our Company. Except the fact stated above, no circumstances have arisen that to be disclosed as note or adjusted in the financial statements.

 

News Post Date:20 -11-2019

The Company has published its 40th AGM Notice where Agenda No 3 is - "to fix and approve cash dividend instead of 15% stock dividend for each share of Tk. 10 - as recommended by the Board of Directors for the year ended 30th June 2019, to comply with the SEC press release reference no. BSEC/muhko patro(tritio khondo)/2011/129 dated 02nd October, 2019".

News Post Date:13 -11-2019

(Q1 Un-audited): EPS was Tk. 0.54 for July-September 2019 as against Tk. 0.50 for July-September 2018; NOCFPS was Tk. 0.89 for July-September 2019 as against Tk. 1.52 for July-September 2018. NAV per share was Tk. 7.99 as on September 30, 2019 and Tk. 7.44 as on June 30, 2019.

 

News Post Date:07 -11-2019

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on November 12, 2019 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2019.

News Post Date: 21-10-2019

The Board of Directors has recommended 15% stock dividend for the year ended on June 30, 2019. Date of AGM: 15.12.2019, (cont.); Time: 11:00 AM, Venue: 110 Tejgaon I/A, Dhaka. Record date: 11.11.2019. The Company has also reported EPS of Tk. 1.53, NAV per share of Tk. 7.44 and NOCFPS of Tk. 2.27 for the year ended on June 30, 2019 as against Tk. 1.52, Tk. 6.93 (restated) and Tk. 2.09 respectively for the same period of the previous year.

 

News Post Date: 13-10-2019

As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 20, 2019 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2019.

 

News Post Date: 30-04-2019

(Q3 Un-audited): EPS was Tk. 0.41 for January-March 2019 as against Tk. 0.40 for January-March 2018; EPS was Tk. 1.05 for July 2018-March 2019 as against Tk. 0.83 for July 2017-March 2018. NOCFPS was Tk. 1.97 for July 2018-March 2019 as against Tk. 1.65 for July 2017-March 2018. NAV per share was Tk. 4.62 as on March 31, 2019 and Tk. 4.30 as on June 30, 2018.

News Post Date: 24-04-2019

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 29, 2019 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2019.

News Post Date: 31-01-2019

(Q2 Un-audited): EPS was Tk. 0.19 for October-December 2018 as against Tk. 0.24 for October-December 2017; EPS was Tk. 0.64 for July-December 2018 as against Tk. 0.39 for July-December 2017. NOCFPS was Tk. 1.56 for July-December 2018 as against Tk. 0.70 for July-December 2017. NAV per share was Tk. 4.21 as on December 31, 2018 and Tk. 4.30 as on June 30, 2018. Profitability increased due to reduction of administrative expenses and finance cost. Reduction of working capital and increased profit helped to increase the net cash flow from operation.

News Post Date: 24-01-2019

Mrs. Rehmat Banu, one of the Sponsors Directors of the Company, has expressed her intention to sell 35,000 shares out of her total holding of 2,81,606 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange (DSE) within next 30 working days.

News Post Date: 24-01-2019

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on January 30, 2019 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2018.

News Post Date: 20-01-2019

Mrs. Rehmat Banu, one of the Sponsors Directors of the Company, has expressed her intention to sell 35,000 shares out of her total holding of 3,16,606 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange (DSE) within next 30 working days.

News Post Date: 03-01-2019

The Company has informed that it has credited the Bonus shares for the year ended on June 30, 2018 to the respective shareholders' BO Accounts on December 19, 2018 and it has also disbursed the cash dividend to the respective shareholders.

News Post Date: 03-01-2019

The Company will be placed in 'A' category from existing 'B' category with effect from January 06, 2019 as the Company has reported disbursement of 3% cash and 12% stock dividend for the year ended on June 30, 2018

News Post Date: 14-11-2018

(Q1 Un-audited): EPS was Tk. 0.502 for July-September, 2018 as against Tk. 0.172 for July-September, 2017; NOCFPS was Tk. 1.52 for July-September, 2018 as against Tk. 0.18 for July-September, 2017. NAV per share was Tk. 4.80 as on September 30, 2018 and Tk. 3.03 as on September 30, 2017.

News Post Date: 27-09-2018

01.The Board of Directors has recommended 3% cash and 12% stock dividend for the year ended on June 30, 2018.

02.The Board has also decided to implement installation of LPG facilities in the existing premises or any other suitable location from Company’s own

resources and apply to Bangladesh Securities and Exchange Commission (BSEC) for approval of the Rights Shares at the of 1R:1 at a premium of

Tk. 100.00 per share subject to  the approval of shareholders in the 39th AGM and BSEC.

03.Date of AGM: 29.11.2018, Time: 11:00 AM, Venue: 110 Tejgaon I/A, Dhaka.

04. Record date: 18.10.2018.

05.The Company has also reported : EPS of Tk. 1.52, NAV per share of Tk. 4.30 and

NOCFPS of Tk. 2.09 for the year ended on June 30, 2018 as against Tk. 0.95, Tk.

2.85 and Tk. 2.72 respectively for the same period of the previous year

 

News Post Date: 19-09-2018

As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on September 26, 2018 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.

 

News Post Date: 05-07-2018

In response to a DSE query dated July 02, 2018 the Company informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

 

News Post Date: 03-07-2018

In response to a DSE query dated July 02, 2018 the Company informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

 

News Post Date: 21-06-2018

In response to a DSE query dated June 20, 2018 the Company informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

 

News Post Date: 07-06-2018

In response to a DSE query dated June 04, 2018 the Company informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

News Post Date: 07-06-2018

In response to a DSE query dated June 04, 2018 the Company informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

 

News Post Date: 30-04-2018

(Q3 Un-audited): EPS was Tk. 0.397 for January-March 2018 as against Tk. 0.215 for January-March 2017; EPS was Tk. 0.830 for July 2017-March 2018 as against Tk. 0.346 for July 2016-March 2017. NOCFPS was Tk. 1.65 for July 2017-March 2018 as against Tk. (0.31) for July 2016-March 2017. NAV per share was Tk. 3.60 as on March 31, 2018 and Tk. 2.85 as on June 30, 2017.

News Post Date: 23-04-2018

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 26, 2018 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.

News Post Date: 31-01-2018

(Q2 Un-audited): EPS was Tk. 0.274 for October - December, 2017 as against Tk. 0.159 for October - December, 2016; EPS was Tk. 0.446 for July - December, 2017 as against Tk. 0.145 for July - December, 2016. NOCFPS was Tk. 0.72 for July - December, 2017 as against Tk. 0.05 for July - December, 2016. NAV per share was Tk. 3.30 as of December 31, 2017 and Tk. 2.85 as of June 30, 2017.

The Company has further informed that its overall sales have been increased by 22.22% than comparative period because of increase in sale price from Tk. 35.00 to Tk. 38.00 from March 2017 and Tk. 38.00 to Tk. 40.00 from June 2017. On the other hand, finance cost of the company has been decreased by Tk. 748,433.00 due to reduction on interest bearing loan liability. In summary the main reason for increase profitability was primarily due to increase of sales and reduction of Finance cost.


News Post Date: 25-01-2018

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulation, 2015, the Company has informed that a meeting of the Board of Directions will be held on January 30, 2018 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.

 

News Post Date: 03-01-2018

The Company has informed that it has credited the bonus shares for the year ended on June 30, 2017 to the respective shareholders’ BO Accounts on January 02, 2018.

 

News Post Date: 14-11-2017

(Q1 Un-audited): EPS was Tk. 0.17 for July-September, 2017 as against Tk. (0.03) for July-September, 2016; NOCFPS was Tk. 0.18 for July-September, 2017 as against Tk. 2.10 for July-September, 2016. NAV per share was Tk. 3.03 as September 30, 2017 and Tk. 5.29 as on September 30, 2017.

 

News Post Date: 08-11-2017

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulation, 2015, the Company has informed that a meeting of the Board of Directions will be held on November 13, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q1) period ended on September 30, 2017.

 

News Post Date: 29-10-2017

The Board of Directors has recommended 3% stock dividend for the year ended on June 30, 2017. Date of AGM: 10.12.2017, Time: 11:00 AM, Venue: 110 Tejgaon I/A, Dhaka. Recorded date: 16.11.2017. The Company has also reported EPS of Tk. 0.95, NAV per share of Tk. 2.85 and NOCFPS of Tk. 2.72 for the year ended on June 30, 2017 as against Tk. 0.22 (restated), Tk. 1.96 (restated) and Tk. 2.68 (restated) respectively for the same period of the previous year.

 

News Post Date: 19-10-2017

As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulation, 2015, the Company has informed that a meeting of the Board of Directions will be held on October 26, 2017 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.

 

News Post Date: 16-07-2017

In response to a DSE query dated July 13, 2017 the Company informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

 

News Post Date: 05-02-2017

Mr. Mohammad Murad one of the Sponsors of the Company, has further reported that he has completed his sale of 60,000 shares of the company at prevailing market price through Stock Exchange, as announced earlier.

 

News Post Date: 30-04-2017

(Q3 Un-audited): EPS was Tk. 0.22 for January- March, 2017 as against Tk. 0.12 for January- March, 2016; EPS was Tk. 0.36 for July, 2016 – March, 2017 as against Tk. 0.26 for July, 2015 – March, 2016. NOCFPS was Tk. (0.31) for July, 2016 – March, 2017 as against Tk. 3.81 for July, 2015 – March, 2016. NAV per share was Tk. 3.41 as of March 31, 2017 and Tk. 4.29 as of June 30, 2017.

 

News Post Date: 26-04-2017

Mr. Mohammad Murad one of the Sponsors of the Company, has further reported that he has completed his sale of 80,000 shares of the company at prevailing market price through Stock Exchange, as announced earlier.

 

News Post Date: 24-04-2017

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulation, 2015, the Company has informed that a meeting of the Board of Directions will be held on April 29, 2017 at 1:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.

 

News Post Date: 18-04-2017

Mr. Mohammad Murad one of the Sponsors of the Company, has expressed his intention to sale 60,000 shares out of his total holding of 403,337 shares of the company at prevailing market price (In the public Market) through Stock Exchange within April 30, 2017.

 

News Post Date: 11-04-2017

Mr. Mohammad Murad one of the Sponsors of the Company, has expressed his intention to sale 80,000 shares out of his total holding of 483,337 shares of the company at prevailing market price (In the public Market) through Stock Exchange within April 30, 2017.

 

News Post Date: 30-04-2017

(Q2 Un-audited): EPS was Tk. 0.159 for October - December, 2016 as against Tk. (0.189) for October - December, 2015; EPS was Tk. 0.145 for July - December, 2016 as against Tk. 0.134 for July - December, 2015. NOCFPS was Tk. 0.05 for July - December, 2016 as against Tk. 0.38 for July - December, 2015. NAV per share was Tk. 3.28 as of December 31, 2016 and Tk. 4.29 as of June 30, 2016.

 

News Post Date: 19-01-2017

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulation, 2015, the Company has informed that a meeting of the Board of Directions will be held on January 30, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2016.

 

News Post Date: 12-01-2017

The Company will be placed in “B’’ category from existing “Z” category with effect from January 15, 2017 as the Company has reported disbursement of 3% stock dividend for the year ended on June 30, 2016.

 

News Post Date: 11-01-2017

The Company has informed that it has credited the bonus shares for the year ended on June 30, 2016 to the respective shareholders’ BO Accounts on January 09, 2017.

 

News Post Date: 05-01-2017

In response to a DSE query, the Company informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

 

News Post Date: 26-12-2016

BSEC NEWS: Bangladesh Securities and Exchange Commission (BSEC) has formed an enquiry committee to investigate into unusual price increase in the shares of the Company in the Stock Exchange (BSEC) Order No. BSEC/Surveillance/2010-0713/772 dated December 22, 2016).