DSE:ACI

Advanced Chemical Industries PLC. announcements

379 Dhaka Stock Exchange announcements for Advanced Chemical Industries PLC. (ACI) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2008 (19).

  1. The company has also informed that the Board of Directors of the company has approved offloading of 10% shares of ACI Mo

    The company has also informed that the Board of Directors of the company has approved offloading of 10% shares of ACI Motors in favor of ACI Formulations Ltd. to become a shareholders of ACI Motors. By becoming a shareholder of ACI Motors, ACI Formulations Ltd. will be able to communicate the availability of agriculture machinery and equipment and be able to act as "one stop solution" providers for the farmers communities.

  2. The company has informed that the Board of Directors has approved the following projects for ACI Formulations Ltd.:1) Su

    The company has informed that the Board of Directors has approved the following projects for ACI Formulations Ltd.:1) Sulphur Project: ACI Formulations will establish its own Sulphur manufacturing plant. The total project cost has been estimated at TK. 135 m. with pay back period of slightly more than three years. The annual average turnover from the projects will be Tk. 292 m. with estimated average profit after tax (PAT) of Tk. 54 m.2. NPKS fertilizer Project: ACI formulation has also decided to set up its own plant for producing NPKS fertilizer. The total project cost of TK. 276 m. with pay back period of 3.4 years. The annual average turnover from the projects will be Tk. 1.6 billion with profit after tax (PAT) of Tk. 51 m.

  3. The company has informed that the Board of Directors has approved the debenture issue of Taka 300 million with Investmen

    The company has informed that the Board of Directors has approved the debenture issue of Taka 300 million with Investment Corporation of Bangladesh (ICB). The debentures will be for 6 years with 1 year grace period. The debenture will allow ACI to refinance some of its existing arrangements with the banks and thereby enabling it to pursue more vigorously towards its growth plan. By enjoying 6 years term financing through debentures, ACI will also be able to smoothen its operating cash flow protecting it from occasional ups and downs.

  4. (Repeat): In response to DSE query, the company has informed that the proceeds from the sale of 89,87,500 ordinary share

    (Repeat): In response to DSE query, the company has informed that the proceeds from the sale of 89,87,500 ordinary shares of Tk. 10 each of ACI Formulations Ltd. through Direct Listing (proposed) shall be utilized as per following manner: "one - to keep the pace of growth continues, ACI will invest in new projects or sectors which have proven track records of giving lower pay back with high returns and secondly, shareholders-our most important assets, will be rewarded with good returns commensurate with their contribution and thirdly steps will be taken to strengthen the Balance Sheet of the company to keep the company remain in the strong footing."

  5. In response to DSE query, the company has informed that the proceeds from the sale of 89,87,500 ordinary shares of Tk. 1

    In response to DSE query, the company has informed that the proceeds from the sale of 89,87,500 ordinary shares of Tk. 10 each of ACI Formulations Ltd. through Direct Listing (proposed) shall be utilized to invest in new projects or sectors.

  6. The Company has requested the concerned shareholders to collect their dividend warrants for the year 2007 from 18.08.08

    The Company has requested the concerned shareholders to collect their dividend warrants for the year 2007 from 18.08.08 to 21.08.08 between 10:00 AM and 4:00 PM from Share Office of the company at 9 Motijheel C/A (2nd floor), Dhaka-1000.

  7. As per un-audited half yearly accounts as on 30.06.08, the Company has reported profit after tax of Tk. 171.88 m with EP

    As per un-audited half yearly accounts as on 30.06.08, the Company has reported profit after tax of Tk. 171.88 m with EPS of Tk. 10.63 as against last year's half yearly of Tk. 113.66 m and Tk. 7.03 respectively.

  8. The company has informed that ACI Formulations Limited, a Subsidiary of ACI Limited, has approved in their EGM for "Dire

    The company has informed that ACI Formulations Limited, a Subsidiary of ACI Limited, has approved in their EGM for "Direct Listing" of ACI Formulations Limited under Direct Listing Rules, subject to compliance with the required formalities. The Board of Directors has also decided in the said meeting to sell a maximum of 9,000,000 ordinary shares of Tk. 10 each out of its holding of 22,000,000 shares of Tk. 10 each in the capital of ACI Formulations Limited.

  9. Normal trading of the shares of the company will resume on 25.05.08 after Record date and there will be no price limit o

    Normal trading of the shares of the company will resume on 25.05.08 after Record date and there will be no price limit on the trading of the shares of the company for the same day.

  10. Trading of the shares of the company will remain suspended on record date i.e. 22.05.08.

    Trading of the shares of the company will remain suspended on record date i.e. 22.05.08.

  11. Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be

    Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 18.05.08 to 21.05.08. Trading of the shares of the company will remain suspended on record date i.e., 22.05.08.

  12. The Company has reported profit after tax of Tk. 313.04 m with EPS of Tk. 19.36 as on 31.12.07 as against Tk. 153.83 m a

    The Company has reported profit after tax of Tk. 313.04 m with EPS of Tk. 19.36 as on 31.12.07 as against Tk. 153.83 m and Tk. 9.51 respectively as on 31.12.06.

  13. There will be no price limit on the trading of the shares of the company on 04.05.08 following its corporate declaration

    There will be no price limit on the trading of the shares of the company on 04.05.08 following its corporate declaration.

  14. The Board of Directors has recommended cash dividend @ 85% for the year 2007. Date of AGM: 23.06.08, Time: 10.00 am, Ven

    The Board of Directors has recommended cash dividend @ 85% for the year 2007. Date of AGM: 23.06.08, Time: 10.00 am, Venue: Darbar Hall, Bangladesh Rifles, Pilkhana, Dhaka. Record date: 22.05.08.

  15. As per regulation 30 of DSE Listing Regulations, the company has informed that a meeting of the Board of Directors of th

    As per regulation 30 of DSE Listing Regulations, the company has informed that a meeting of the Board of Directors of the Company will be held on Wednesday, 30 April 2008 at 10:00 AM for consideration of accounts.

  16. In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the com

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

  17. The Company has informed that ACI Agribusiness (one of the three Business Divisions of ACI Limited and several SBUs oper

    The Company has informed that ACI Agribusiness (one of the three Business Divisions of ACI Limited and several SBUs operate under a Division) has been authorized by ACI Board to enter into new SBU called CROPEX which will procure, store, transport & sell crop and grain. In response to a DSE query, the company has further informed that CROPEX will operate as SBU under Agribusiness and through the CROPEX activity they are planning to achieve a turnover of Tk. 300 million in FY 2008 with a 3% net profit i.e. Tk. 9 million.

  18. The company has informed that the Board of the company has approved to set up a subsidiary company with a paid-up capita

    The company has informed that the Board of the company has approved to set up a subsidiary company with a paid-up capital of Tk. 100 million with 76% shareholding of ACI and 24% shareholding of Mr. M. Anis Ud Dowla, Chairman, ACI Group. The subsidiary will be named ACI Logistics Limited which will link up ACI Agribusinesses connections with ACI distribution network to form an integrated supply chain and outlet configuration. The subsidiary will be involved in procurement, appropriate storage and marketing of agro and biogenic products, fish, meat and other perishables and fast moving consumer goods.

  19. In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the com

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

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.