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 2024 (20).
- Regarding Issuing of Shares and Raising Authorized Capital
Refer to the earlier news disseminated by DSE on 14.07.2022 regarding arrangement for demerger and merger subject to proper authorities' approval, the company has further informed that, in accordance with that earlier disclosures and Judgment passed in the Company Matter No. 272 of 2022 on 7 November 2023 by the Honorable High Court Division, 195,374 Nos. of ordinary shares of Tk. 10/- (Taka Ten) each only will be issued and allotted in favour of the equity shareholders of (cont.1) (Cont. news of ACI): and the authorized share capital of Premiaflex Plastics Limited i.e. BDT 150.00 Crore will be added with the current Authorized Capital of the Company in line with the said order and the article 38 of the Scheme of Amalgamation. Accordingly, the Authorized Capital of Advanced Chemical Industries Limited will now become BDT 300.00 Crore. (end) (Cont. news of ACI): Premiaflex Plastics Limited as per the following table: (Name of the Shareholders - Quantity of Ordinary Shares - Face Value (BDT) - Total Amount of Issued Shares (BDT)): 1. Mr. M anis Ud Dowla - 194,989 shares - Tk. 10.00 - BDT 1,949,890.00; 2. Dr. Arif Dowla - 195 shares - Tk. 10.00 - BDT 1,950.00; 3. Ms. Shusmita Anis - 190 shares - Tk. 10.00 - BDT. 1,900.00 (cont.2)
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. (5.54) for July-September 2024 as against Tk. (2.07) for July-September 2023; Consolidated NOCFPS was Tk. (62.07) for July-September 2024 as against Tk. (34.19) for July-September 2023. Consolidated NAV per share was Tk. 84.77 as on September 30, 2024 and Tk. 91.17 as on June 30, 2024. (cont.) (Cont. news of ACI): Reasons for deviation: Consolidated EPS decreased as cost of borrowing increased due to the increase in market interest rate along with the additional funding for working capital and strategic investments for supporting business growth. Consolidated NOCFPS has decreased as a result of the movement in the working capital level. (end)
- Resumption after Record date
Trading of the shares of the company will resume on 18.11.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on the record date, i.e., 17.11.2024.
- 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 13.11.2024 to 14.11.2024 and trading of the shares will remain suspended on record date i.e., 17.11.2024.
- 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 14, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- Dividend Declaration
The Board of Directors has recommended 20% Cash and 15% Stock Dividend for the year ended June 30, 2024. Date of AGM: 29.12.2024, Time: 11:30 AM, Venue: Digital System. Record Date: 17.11.2024. The Company has also reported consolidated EPS of Tk. (18.25), consolidated NAV per share of Tk. 91.17 and consolidated NOCFPS of Tk. 0.82 for the year ended June 30, 2024 as against Tk. (6.47), Tk. 113.38 and Tk. (24.44) respectively for the year ended June 30, 2023.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.10.2024) following its corporate declaration.
- Dividend Declaration (Additional Information)
Refer to their earlier news disseminated today i.e., 29.10.2024 regarding dividend declaration, the company has further informed that the declared dividend has not been recommended from capital reserve or revaluation reserve or any unrealized gain of the company or through reducing the paid-up capital. Bonus shares has been recommended for utilization the retain earnings of the Company as Capital for ongoing operation, i.e. working Capital.
- 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 28, 2024 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.15 for January-March 2024 as against Tk. 0.33 for January-March 2023; Consolidated EPS was Tk. (8.27) for July 2023-March 2024 as against Tk. (1.45) for July 2022-March 2023. Consolidated NOCFPS was Tk. (58.83) for July 2023-March 2024 as against Tk. (72.25) for July 2022-March 2023. Consolidated NAV per share was Tk. 100.36 as on March 31, 2024 and Tk. 113.67 as on June 30, 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 April 29, 2024 at 04:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
- In response to a DSE query dated February 08, 2024 regarding clarification on recent news published in a newspaper regar
In response to a DSE query dated February 08, 2024 regarding clarification on recent news published in a newspaper regarding \"ACI Inaugurated the Factory of Danish Fruit Juice Brand, SUNQUICK\", the company has informed DSE as follows: \"ACI CO-RO Bangladesh Ltd was incorporated on 05 November 2019 as a joint venture (JV) Company between Advanced Chemical Industries Limited and Danish juice manufacturing company CO-RO A/S. ACI limited has a 49.90\% stake in the JV Company. (cont.)
- (Continuation news of ACI): The JV company has completed construction of a modern juice manufacturing facilities at Arai
(Continuation news of ACI): The JV company has completed construction of a modern juice manufacturing facilities at Araihajar in Narayangonj. Now the company has commercially launched its world class products under the brand name, \"Sunquick\" for Bangladeshi consumers by inaugurating the commercial operation of the factory on 6 February 2024. JV Company injected foreign investment and created job opportunities for the local people and will serve world quality fruits juice with reasonable price.\" (end)
The first part of this announcement is missing from the archive. - (Q2 Un-audited): Consolidated EPS was Tk. (6.35) for October-December 2023 as against Tk. 1.96 for October-December 2022
(Q2 Un-audited): Consolidated EPS was Tk. (6.35) for October-December 2023 as against Tk. 1.96 for October-December 2022; Consolidated EPS was Tk. (8.42) for July-December 2023 as against Tk. (1.79) for July-December 2022. Consolidated NOCFPS was Tk. (88.84) for July-December 2023 as against Tk. (80.36) for July-December 2022. Consolidated NAV per share was Tk. 98.97 as on December 31, 2023 and Tk. 113.67 as on June 30, 2023. (cont.1)
- (Continuation news of ACI): Reasons for deviation in EPS and NOCFPS: During the six months period ended on 31 December 2
(Continuation news of ACI): Reasons for deviation in EPS and NOCFPS: During the six months period ended on 31 December 2023, the Group achieved a decent revenue growth which was contributed by a number of businesses as demonstrated in Consolidated Operating Segments. During the period, growth in gross profit exceeded the growth in operating expenses which contributed to the improvement of the operating profit. (cont.2)
The first part of this announcement is missing from the archive. - Q2 Financials
(Continuation news of ACI): On the other hand, cost of borrowing increased due to the increase of interest rate along with the funding of additional working capital for supporting business growth. Overall, the consolidated EPS was Taka (8.42) during the period against Taka (1.79) of SPLY. NOCFPS during the period was Taka (88.84) against Taka (80.36) as a result of the movement in the working capital level. (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 January 30, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
- Credit Rating Information and Services Limited (CRISL) has assigned rating of the Company as \"AA-\" in the long term an
Credit Rating Information and Services Limited (CRISL) has assigned rating of the Company as \"AA-\" in the long term and \"ST-2\" in the short term along with a Stable outlook in consideration of its audited financials up to June 30, 2023 also unaudited financials up to September 30, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.