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 2023 (27).
- The Company has informed that the Board of Directors of the company at its Board Meeting held on 26 November 2023 decide
The Company has informed that the Board of Directors of the company at its Board Meeting held on 26 November 2023 decided to issue Sukuk instruments, of a size of up to BDT 600 crores under a long term fund-raising program via a special purpose vehicle to be formed by ACI Limited, ACI Formulations Limited, ACI Biotech Limited, ACI Chemicals Limited, ACI Edible Oils Limited, (cont.)
- (Continuation news of ACI): ACI Foods Limited, ACI HealthCare Limited, ACI Logistics Limited, ACI Pure Flour Limited and
(Continuation news of ACI): ACI Foods Limited, ACI HealthCare Limited, ACI Logistics Limited, ACI Pure Flour Limited and ACI Salt Limited subject to receiving approval from the Bangladesh Securities and Exchange Commission (BSEC). (end)
The first part of this announcement is missing from the archive. - Resumption after Record date
Trading of the shares of the company will resume on 19.11.2023.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 16.11.2023.
- The company has informed that the Board of Directors of the Company has approved an arrangement to form and incorporate
The company has informed that the Board of Directors of the Company has approved an arrangement to form and incorporate a joint-venture company with United Biscuits Topco Limited (trading under the \"pladis\" name), a Company incorporated under the laws of England and which manufactures biscuits with a global presence. This said joint venture is proposed under the name and style, \"pladis ACI Bangladesh Limited\", (cont.)
- (Cont. news of ACI): wherein the Company will invest about BDT 500 million over the period of next two (2) years against
(Cont. news of ACI): wherein the Company will invest about BDT 500 million over the period of next two (2) years against its 49\% shareholding in the proposed company. Approval of this arrangement with \"pladis\" is subject to the usual condition precedents and other regulatory approvals. (end)
The first part of this announcement is missing from the archive. - Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. (2.07) for July-September 2023 as against Tk. (3.75) for July-September 2022; Consolidated NOCFPS was Tk. (34.28) for July-September 2023 as against Tk. (81.38) for July-September 2022. Consolidated NAV per share was Tk. 111.09 as on September 30, 2023 and Tk. 113.67 as on June 30, 2023.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 14.11.2023 to 15.11.2023 and trading of the shares will remain suspended on record date i.e., 16.11.2023.
- Board Meeting schedule under LR 16(1)
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 13, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
- The Board of Directors has recommended 40\% Cash dividend for the year ended June 30, 2023. Date of AGM: 28.12.2023, Tim
The Board of Directors has recommended 40\% Cash dividend for the year ended June 30, 2023. Date of AGM: 28.12.2023, Time: 11:30 AM, Venue: Digital Platform. Record Date: 16.11.2023. The Company has reported Consolidated EPS of Tk. (6.48), Consolidated NAV per share of Tk. 113.67 and Consolidated NOCFPS of Tk. (24.50) for the year ended June 30, 2023 as against Tk. 4.98, Tk. 135.22 and Tk. 4.04 respectively for the year ended June 30, 2022. Reasons for deviation in EPS and NOCFPS: (cont.)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.10.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- Dividend Declaration
(Continuation news of ACI): Despite a remarkable revenue growth during the year, Consolidated EPS of the Company experienced a decline which is primarily attributable to rising costs driven by unfavorable currency exchange rates, a significant increase in energy expenses, higher borrowing costs and the overarching challenges posed by the macro-economic environment. On the other hand, Consolidated NOCFPS decreased due to investment in the working capital to support future business growth. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 19(1)
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 26, 2023 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
- The company has informed that the Board of Directors of the Company has approved the formation of a new subsidiary compa
The company has informed that the Board of Directors of the Company has approved the formation of a new subsidiary company under the title of \"ACI AVIONICS AND AIRLINES SERVICES LIMITED\" having its authorized capital of BDT 50 (Fifty) Crore and a paid up capital of BDT 1 (One) Crore wherein the company shall hold 77\% shares at the earliest convenience subject to the approval of concerned authorities.
- Board approval regarding investment in upcoming Digital Bank
The company has informed that the Board of Directors of the Company has approved an investment proposal of BDT 10 (Ten) Crore in an upcoming digital bank named and titled 'Kori Digital Plc' subject to the approval from the concerned authorities. The company will secure 5% share i.e. 10,000,000 ordinary shares of TK. 10 each with this investment.
- (Q3 Un-audited): Consolidated EPS was Tk. 0.33 for January-March 2023 as against Tk. 0.42 for January-March 2022; Consol
(Q3 Un-audited): Consolidated EPS was Tk. 0.33 for January-March 2023 as against Tk. 0.42 for January-March 2022; Consolidated EPS was Tk. (1.45) for July 2022-March 2023 as against Tk. 5.67 for July 2021-March 2022. Consolidated NOCFPS was Tk. (72.25) for July 2022-March 2023 as against Tk. (20.27) for July 2021-March 2022. Consolidated NAV per share was Tk. 129.67 as on March 31, 2023 and Tk. 135.22 as on June 30, 2022. (cont.)
- Q3 Financials
(Continuation news of ACI): Reasons for significant deviation in EPS and NOCFPS: EPS has been decreased due to increase in costs because of currency devaluation, hike in energy price, high import prices, and increased financing costs. NOCFPS has been decreased due to investment in working capital to facilitate business growth. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
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 30, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
- Approval of signing a joint-venture agreement
(Continuation news of ACI): wherein the Company will invest approx. BDT 500.00 mn over a period of next 3 years against its 24% holding in the proposed company. The said agreement with Colgate is subject to the usual condition precedents and other regulatory formalities. (end)
The first part of this announcement is missing from the archive. - Buy Confirmation of a Sponsor Director
ACI Foundation, one of the Sponsor Directors of the Company, has further informed that it has completed its buying of 1,35,000 shares of the Company (1,04,000 shares in the Block Market and 31,000 shares in the Public Market) at prevailing market price through Dhaka Stock Exchange Ltd. as per declaration disseminated on 15.03.2023.
- Buy Declaration of a Sponsor Director
ACI Foundation, one of the Sponsor Directors of the Company, has expressed its intention to buy 1,35,000 shares of the company at prevailing market price (1,04,000 shares in the Block Market and 31,000 shares in the Public Market) through Dhaka Stock Exchange Ltd. within next 30 working days.
- Buy Confirmation of a Director
M. Anis Ud Dowla, one of the Directors of the Company, has further informed that he has completed his buying of 1,00,000 shares of the company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 25.01.2023.
- Q2 Financials
(Continuation news of ACI): Reasons for deviation in EPS and NOCFPS: Consolidated EPS has decreased due to increase in costs because of currency devaluation, hike in energy price, high import prices and increased financing costs which adversely affected overall profitability of the Group. Consolidated NOCFPS decreased mainly due to investment in working capital to facilitate business growth in the coming months. (end)
The first part of this announcement is missing from the archive. - Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2022 to the respective shareholders.
- Board Meeting schedule under LR 16(1)
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 Second Quarter (Q2) period ended December 31, 2022.
- Buy Declaration of a Director
M. Anis Ud Dowla, one of the Directors of the Company, has expressed his intention to buy 1,00,000 shares (33,193 shares in the Block Market and 66,807 shares in the Public Market) of the company at prevailing market price through Dhaka Stock Exchange within next 30 working days as per Rule-4 of the BSEC (Substantial Acquisition of Shares and Takeovers), Rules, 2018.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended June 30, 2022 to the respective shareholders' BO Accounts.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.