Active Fine Chemicals Limited announcements
336 Dhaka Stock Exchange announcements for Active Fine Chemicals Limited (ACTIVEFINE) since 2010: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2019 (27).
- Trading of the Shares of the Company will resume on 22.12.2019 after record date.
Trading of the Shares of the Company will resume on 22.12.2019 after record date.
- Trading of the shares of the Company will remain suspended on record date i.e., 19.12.2019.
Trading of the shares of the Company will remain suspended on record date i.e., 19.12.2019.
- Qualified Opinion: Provision for "current tax and deferred tax" required as per Para - 12 & 15 of IAS - 12 as disclosed
Qualified Opinion: Provision for "current tax and deferred tax" required as per Para - 12 & 15 of IAS - 12 as disclosed in the notes no. 13.00 & 17.00 of notes to the financial statements has not been recognized except other income based on gazette no. 26.00.0000.100.42.008.17-54 dated 14.05.2018 circulated by Commerce Ministry under the captioned "National Active Pharmaceutical Ingredients (API) & Laboratory Reagents Production and Export Policy" in regard to corporate tax holiday (cont.1)
- (Continuation news of ACTIVEFINE): against which SRO was not yet enacted by National Board of Revenue (NBR), which leads
(Continuation news of ACTIVEFINE): against which SRO was not yet enacted by National Board of Revenue (NBR), which leads to increase of Net Profit after Tax and Earning Per Share. Moreover, the company has provided prior year excess tax Tk. 102,093,375 in the statement of changes in equity for the year ended 30 June, 2019 which is not in the line with Paragraph 4 IAS 8, Paragraph 46, 80 (b), 80 (h) of IAS 12 "Income Taxes". (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of ACTIVEFINE): Note 13.00: Balance of Deferred Tax Liability as on 30.06.2019 was TK. 64,699,780 and
(Continuation news of ACTIVEFINE): Note 13.00: Balance of Deferred Tax Liability as on 30.06.2019 was TK. 64,699,780 and as on 30.06.2018 was TK. 64,699,780. The company has got corporate tax holiday for the periods from 2016-2017 to 2031-2032 vide gazette no. 26.00.0000.100.42.008.17-54 dated 14.05.2018 circulated by Commerce Ministry under the captioned "National Active Pharmaceutical Ingredients (API) & Laboratory Reagents Production and Export Policy" regarding (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of ACTIVEFINE): corporate tax holiday against which SRO from National Board of Revenue (NBR) is yet t
(Continuation news of ACTIVEFINE): corporate tax holiday against which SRO from National Board of Revenue (NBR) is yet to be obtained. Therefore, no required deferred tax has been accounted for as needed as per Para- 15 of IAS- 12. Note 17.00: Balance of Provision for Current Tax as on 30.06.2019 was TK. 343,915,277 and as on 30.06.2018 was TK. 241,052,045. The company has got corporate tax holiday for the periods from 2016-2017 to 2031-2032 vide (cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of ACTIVEFINE): gazette no. 26.00.0000.100.42.008.17-54 dated 14.05.2018 circulated by Commerce Minis
(Continuation news of ACTIVEFINE): gazette no. 26.00.0000.100.42.008.17-54 dated 14.05.2018 circulated by Commerce Ministry under the captioned "National Active Pharmaceutical Ingredients (API) & Laboratory Reagents Production and Export Policy" regarding corporate tax holiday against which SRO from National Board of Revenue (NBR) is yet to be obtained. Therefore, no required Current tax except tax on Other Income has been accounted for as needed as per Para- 12 of IAS-12. (cont.5)
The first part of this announcement is missing from the archive. - (Continuation news of ACTIVEFINE): Emphasis Matter: Without qualifying our opinion, we draw attention to the following i
(Continuation news of ACTIVEFINE): Emphasis Matter: Without qualifying our opinion, we draw attention to the following issues: (a) As Per Notification No. SEC/CMRRCD/2009-193/120/Admin of Bangladesh Securities and Exchange Commission dated December 07, 2011, "The sponsors/promoters and directors of any listed company shall hold jointly minimum 30% shares". (cont.6)
The first part of this announcement is missing from the archive. - (Continuation news of ACTIVEFINE): But the sponsors and directors of the Active Fine Chemicals Ltd. hold only 12.04% sha
(Continuation news of ACTIVEFINE): But the sponsors and directors of the Active Fine Chemicals Ltd. hold only 12.04% shares which is a violation of the said notification. (b) We draw users' attention to the note no. 19.01 and 24.00 to the financial statements regarding of Workers Profit Participation Fund (WPPF) and Finance Cost respectively. Note 19.01: Balance of Contribution to WPPF as on 30.06.2019 was TK. 103,592,549 and as on 30.06.2018 was TK. 67,959,304. (cont.7)
The first part of this announcement is missing from the archive. - (Continuation news of ACTIVEFINE): This represents 5% of net profit before tax after charging the contribution as per pr
(Continuation news of ACTIVEFINE): This represents 5% of net profit before tax after charging the contribution as per provisions of the Companies Profit (Workers' Participation) Act, 1968 and is payable to workers as defined in the said Act. The remaining balance keep as liability as on 30 June 2019 which will be transfer earlier. Note 24.00: Balance of Finance Cost for the year ended on 30.06.2019 was TK. 201,245,329 and for the year ended on 30.06.2018 was TK. 137,683,569. (cont.8)
The first part of this announcement is missing from the archive. - (Continuation news of ACTIVEFINE): Due to enormous number of accounts, it is not practicable to disclose all the details
(Continuation news of ACTIVEFINE): Due to enormous number of accounts, it is not practicable to disclose all the details calculation of Finance Cost as per the Paragraph 113 & 114 of IAS 1 "Presentation of Financial Statements" and Paragraph 4.49, 4.50 "Recognition of Expense" and 4.46 "Recognition of Liabilities" of Chapter 4: The Framework of the Conceptual Framework for Financial Reporting. (c) We draw attention to note 8 "Cash and Cash Equivalents" of the financial statements (cont.9)
The first part of this announcement is missing from the archive. - (Continuation news of ACTIVEFINE): where the company has disclosed that few cheques received amounting to TK.475,643,150
(Continuation news of ACTIVEFINE): where the company has disclosed that few cheques received amounting to TK.475,643,150 from various customers have not yet been credited to respective bank statement/account till the date of signing the report. Note 8.00: Balance of Cash & Cash Equivalents as on 30.06.2019 was TK. 482,667,708 and as on 30.06.2018 was TK. 855,374,473. Cash at bank includes TK. 475,643,150 (cont.10)
The first part of this announcement is missing from the archive. - (Continuation news of ACTIVEFINE): has been shown in reconciliation with various bank accounts on account of cheques rec
(Continuation news of ACTIVEFINE): has been shown in reconciliation with various bank accounts on account of cheques received from various customer which was deposited to company's bank account on 30.06.2019. But those cheques are yet to be credited to respective bank account. Validity period of six months of those cheques have not yet expired. (end)
The first part of this announcement is missing from the archive. - (Q1 Un-audited): EPS was Tk. 0.45 for July-September 2019 as against Tk. 0.75 for July-September 2018; NOCFPS was Tk. 2.
(Q1 Un-audited): EPS was Tk. 0.45 for July-September 2019 as against Tk. 0.75 for July-September 2018; NOCFPS was Tk. 2.30 for July-September 2019 as against Tk. 1.49 for July-September 2018. NAV per share was Tk. 22.74 as on September 30, 2019 and Tk. 22.28 as on June 30, 2019.
- Referring to their earlier news disseminated on 01.12.2019 regarding Dividend Declaration, the Company has further infor
Referring to their earlier news disseminated on 01.12.2019 regarding Dividend Declaration, the Company has further informed that in draft copy of Accounts mistake was happened unintentionally due to add back of prior years? tax provision amount of Tk. 102,093,375.00 in the current liability, the net has decreased to Tk. 5,346,525,397.00 from Tk. 5,448,618,771.00. As a result, the NAV (Net Assets Value) per share has fall down to 22.28 from 22.71 for the year ended June 30, 2019.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 17.12.2019 to 18.12.2019. Trading of the shares of the Company will remain suspended on record date i.e., 19.12.2019.
- As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting
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 December 12, 2019 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2019.
- The Board of Directors has recommended 2% cash dividend for the year ended on June 30, 2019. Date of AGM: 31.12.2019, Ti
The Board of Directors has recommended 2% cash dividend for the year ended on June 30, 2019. Date of AGM: 31.12.2019, Time: 10:00 AM, Venue: Institution of Diploma Engineers, Bangladesh, 160/A, Kakrail VIP Road, Dhaka. Record Date: 19.12.2019. (cont.)
- (Continuation news of ACTIVEFINE): The Company has reported EPS of Tk. 2.97, NAV per share of Tk. 22.71 and NOCFPS of Tk
(Continuation news of ACTIVEFINE): The Company has reported EPS of Tk. 2.97, NAV per share of Tk. 22.71 and NOCFPS of Tk. 4.01 for the year ended on June 30, 2019 as against Tk. 3.44 (Restated and with Tax Consideration) and Tk. 23.69 and Tk. 2.96 respectively for the same period of the previous year. (end)
The first part of this announcement is missing from the archive. - There will be no price limit on the trading of the shares of the Company today (01.12.2019) following its corporate decl
There will be no price limit on the trading of the shares of the Company today (01.12.2019) following its corporate declaration.
- As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting
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 November 28, 2019 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2019.
- (Q3 Un-audited): EPS was Tk. 0.87 for January-March 2019 as against Tk. 0.56 for January-March 2018; EPS was Tk. 2.36 fo
(Q3 Un-audited): EPS was Tk. 0.87 for January-March 2019 as against Tk. 0.56 for January-March 2018; EPS was Tk. 2.36 for July 2018-March 2019 as against Tk. 1.67 for July 2017-March 2018. NOCFPS was Tk. 4.25 for July 2018-March 2019 as against Tk. 3.20 for July 2017-March 2018. NAV per share was Tk. 22.10 as on March 31, 2019 and Tk. 23.69 as on June 30, 2018.
- As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting
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 24, 2019 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2019.
- National Credit Ratings Limited (NCR) has announced the surveillance entity rating of the Company as "A+" in the long te
National Credit Ratings Limited (NCR) has announced the surveillance entity rating of the Company as "A+" in the long term, "ST-2" in the short term along with a stable outlook based on audited financial statements of the Company as on June 30, 2018.
- (Q2 Un-audited): EPS was Tk. 0.86 for October-December, 2018 as against Tk. 0.58 for October-December, 2017; EPS was Tk.
(Q2 Un-audited): EPS was Tk. 0.86 for October-December, 2018 as against Tk. 0.58 for October-December, 2017; EPS was Tk. 1.49 for July-December, 2018 as against Tk. 1.11 for July-December, 2017. NOCFPS was Tk. 2.57 for July-December, 2018 as against Tk. 1.88 for July-December, 2017. NAV per share was Tk. 21.23 as on December 31, 2018 and Tk. 23.69 as on June 30, 2018.
- As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting
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 29, 2019 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, 2018.
- The Company has informed that it has credited the bonus shares for the year ended on June 30, 2018 to the respective sha
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 January 07, 2019.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.