ADN Telecom Limited announcements
126 Dhaka Stock Exchange announcements for ADN Telecom Limited (ADNTEL) since 2021: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (35).
- The company has informed that the Board of Directors of the company has decided to subscribe to the Memorandum of Associ
The company has informed that the Board of Directors of the company has decided to subscribe to the Memorandum of Association and Articles of Association of \'ADN Media Limited\' (to be incorporated) for 45\% of its initial paid-up capital i.e., 45,000 shares @Tk. 100 each amounting to Tk. 4,500,000 (forty-five lac) subject to completion of all regulatory formalities. (cont.)
- (Cont. news of ADNTEL): The initial paid-up capital of the proposed Company will be Tk. 10,000,000 (One Crore) and it wi
(Cont. news of ADNTEL): The initial paid-up capital of the proposed Company will be Tk. 10,000,000 (One Crore) and it will be an interactive digital media platform that will create numerous business opportunities. (end)
The first part of this announcement is missing from the archive. - (Q1 Un-audited): Consolidated EPS was Tk. 0.69 for July-September 2023 as against Tk. 1.01 for July-September 2022; Cons
(Q1 Un-audited): Consolidated EPS was Tk. 0.69 for July-September 2023 as against Tk. 1.01 for July-September 2022; Consolidated NOCFPS was Tk. 0.47 for July-September 2023 as against Tk. 0.24 for July-September 2022. Consolidated NAV per share was Tk. 31.23 as on September 30, 2023 and Tk. 30.54 as on June 30, 2023. Reason for deviation in Revenue, EPS and NOCFPS: Last year same quarter includes full quarter revenue from a customer named Bangladesh Police has been discontinued. (cont.)
- The company has informed that the Board of Directors has approved the proposal to invest BDT 11.34 million in acquiring
The company has informed that the Board of Directors has approved the proposal to invest BDT 11.34 million in acquiring an additional 40\% of shares in ADN International Gateway Limited (AIG). This vertical acquisition will increase ADN Telecom Limited\'s current shareholding from 40\% to 80\% in ADN International Gateway Limited, positioning it as a subsidiary of ADN Telecom Limited. (cont.)
- Acquisition of additional 40% Shares of ADN International Gateway Ltd.
(Continuation news of ADNTEL): ADN International Gateway Limited is a private limited company holding an International Internet Gateway (IIG) license issued by the Bangladesh Telecommunication Regulatory Commission (BTRC). This proposed vertical acquisition will lead to further success and growth for both the companies, strengthening their overall position in the market. (end)
The first part of this announcement is missing from the archive. - Q1 Financials
(Continuation news of ADNTEL): However, Company believes this revenue decline is temporary in nature. But the cost of services did not reduce which affected the EPS for the quarter. EPS is expected to revive again as soon as lost business is covered by the business growth in the pipeline. NOCFPS improved due to the better negotiated trade credit terms with the suppliers, particularly with whom company has recurring businesses. (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 November 06, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
- The company has informed that the Board of Directors of the company has decided to purchase 14.46 decimals of land adjac
The company has informed that the Board of Directors of the company has decided to purchase 14.46 decimals of land adjacent to 100 feet wide Madani Avenue at Ward No. 42, (DNCC) Madani Avenue, Mouza: Baro Beraid, Police Station and Sub-Registry Office: Badda, District: Dhaka located beside company\'s existing 14.13 decimals of land from its related party/associate company under the common Directorship namely Tech Valley Networks Limited subject to the approval by the shareholders. (cont.)
- Board decision to purchase land
(Cont. news of ADNTEL): The purchase price for the land is BDT 115,680,000.00 only, excluding the costs for registration and other related expenses subject to necessary approvals, if any. The total area of land (28.59 decimals) will be used for construction of the Multistoried Corporate Building including Data Center Setup of the Company. (end)
The first part of this announcement is missing from the archive. - Emerging Credit Rating Limited (ECRL) has affirmed surveillance rating of the Company as \"AA-\" in the long term and \"
Emerging Credit Rating Limited (ECRL) has affirmed surveillance rating of the Company as \"AA-\" in the long term and \"ST-2\" in the short term along with Stable outlook based on audited financial statements up to June 30, 2023 and other available information up to the date of rating declaration.
- Resumption after Record date
Trading of the shares of the company will resume on 29.10.2023.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 26.10.2023.
- 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 23.10.2023 to 25.10.2023 and trading of the shares of the company will remain suspended on record date i.e., 26.10.2023.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (05.10.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- Dividend Declaration
The Board of Directors has recommended 15% Cash Dividend for the year ended June 30, 2023. Date of AGM: 04.12.2023, Time: 11:00 AM, Venue: Virtual Platform. Record date: 26.10.2023. The Company has also reported Consolidated EPS of Tk. 4.00, Consolidated NAV per share of Tk. 30.64 and Consolidated NOCFPS of Tk. 2.55 for the year ended June 30, 2023.
- 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 04, 2023 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
- Board approval to purchase land in Koyer, Gazipur
The Company has informed that the Board of Directors of the company has approved to purchase 235 decimals of land located at Mouza: Koyer, JL No- 29, Thana and Sub-registry Office: Gazipur Sadar, District: Gazipur. The purchase price for the land is BDT 23,011,000 (Two Crore Thirty Lac and Eleven Thousand) only, excluding the costs for registration and other related expenses subject to necessary approvals, if any. The purpose of acquiring the land is for future business expansion of the Company.
- The Company has informed that the Board of Directors has approved the proposal for investment of BDT 120.00 million to a
The Company has informed that the Board of Directors has approved the proposal for investment of BDT 120.00 million to acquire 10\% shares of Shohoj Limited subject to the completion of all regulatory formalities. Shohoj Limited is a Bus and Railway online ticketing platform in Bangladesh under the brand name of \"Shohoz\".\n
- (Q3 Un-audited): Consolidated EPS was Tk. 1.02 for January-March 2023 as against Solo EPS Tk. 0.54 for January-March 202
(Q3 Un-audited): Consolidated EPS was Tk. 1.02 for January-March 2023 as against Solo EPS Tk. 0.54 for January-March 2022; Consolidated EPS was Tk. 3.03 for July 2022-March 2023 as against Solo EPS Tk. 1.77 for July 2021-March 2022. Consolidated NOCFPS was Tk. 1.29 for July 2022-March 2023 as against Solo NOCFPS Tk. 1.40 for July 2021-March 2022. Consolidated NAV per share was Tk. 29.62 as on March 31, 2023 and Solo NAV per share was Tk. 27.56 as on June 30, 2022. (cont.)
- The company has informed that the Board of Directors of the company has approved the proposal for construction of a 13 s
The company has informed that the Board of Directors of the company has approved the proposal for construction of a 13 storied commercial building and data center setup for the Company with a total floor space of 116,400 Sft (approx.) located at Baro Beraid, Ward No. 42, (DNCC) Madani Avenue, Badda, Dhaka adjacent to 100 feet wide Madani Avenue. The proposed building will be a 13 storied commercial building and 3 basements, including a data center setup on the first and second floors. (cont.)
- Construction of 13 storied Commercial Building and Data Center setup
(Continuation news of ADNTEL): The estimated total cost of the project will be Tk. 70 Crore which will be financed through a syndicate loan from banks. The Board believes that this investment will have a positive impact on the long-term growth and success of the Company. (end)
The first part of this announcement is missing from the archive. - Q3 Financials
(Continuation news of ADNTEL): Reasons for significant deviation in EPS: EPS has been increased due to the expansion of overall business and new products & services. (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 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
- Confirmation of share transfer by a Sponsor
Mamonoor Rashid, one of the Sponsors of the company, has further informed that he has completed his transfer of 2,00,000 shares of the company to his Spouse Fahima Jishan Chowdhury, General Shareholder of the Company, by way of gift outside the trading system of the Exchange as per declaration disseminated on 15.03.2023.
- Declaration of share transfer by a Sponsor
Mamonoor Rashid, one of the Sponsors of the company, has expressed his intention to transfer 2,00,000 shares out of his total holding of 15,05,000 shares of the company to his Spouse Fahima Jishan Chowdhury (General Shareholder of the company), by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.
- Query Response
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 and increase in volume of shares.
- Mohammad Ali Sarker, one of the Sponsors of the Company, has further informed that he has completed his sale of 8,52,500
Mohammad Ali Sarker, one of the Sponsors of the Company, has further informed that he has completed his sale of 8,52,500 shares of the Company at prevailing market price through Dhaka Stock Exchange Limited as per declaration disseminated on 27.02.2023.
- Mamonoor Rashid, one of the Sponsors of the Company, has further informed that he has completed his sale of 2,00,000 sha
Mamonoor Rashid, one of the Sponsors of the Company, has further informed that he has completed his sale of 2,00,000 shares of the Company at prevailing market price through Dhaka Stock Exchange Limited as per declaration disseminated on 23.02.2023.
- Sale Confirmation of a Sponsor
Md. Abu Yousof Zakaria, one of the Sponsors of the Company, has further informed that he has completed his sale of 17,05,000 shares of the Company at prevailing market price through Dhaka Stock Exchange Limited as per declaration disseminated on 27.02.2023.
- Mohammad Ali Sarker, one of the Sponsors of the company, has expressed his intention to sell 8,52,500 shares out of his
Mohammad Ali Sarker, one of the Sponsors of the company, has expressed his intention to sell 8,52,500 shares out of his holding of 17,05,000 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange (DSE) within next 30 working days.
- Sale declaration of a Sponsor
Md. Abu Yousof Zakaria, one of the Sponsors of the company, has expressed his intention to sell the entire holding of 17,05,000 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange (DSE) within next 30 working days.
- Sale declaration of a Sponsor
Mamonoor Rashid, one of the Sponsors of the company, has expressed his intention to sell 2,00,000 shares out of his holding of 17,05,000 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange (DSE) within next 30 working days.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 1.00 for October-December 2022 as against Tk. 0.60 (Solo) for October-December 2021; Consolidated EPS was Tk. 2.01 for July-December 2022 as against Tk. 1.23 (Solo) for July-December 2021. Consolidated NOCFPS was Tk. 0.97 for July-December 2022 as against Tk. (0.44) (Solo) for July-December 2021. Consolidated NAV per share was Tk. 28.60 as on December 31, 2022 and Tk. 27.56 (Solo) as on June 30, 2022.
- 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 25, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2022.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2022 to the respective shareholders.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.