Advent Pharma Ltd. announcements
129 Dhaka Stock Exchange announcements for Advent Pharma Ltd. (ADVENT) since 2018: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (26).
- Agreement signed with Alltech Biotech. PVT Ltd.USA for Distributorship
The Company has informed that they have completed a signing agreement of distributorship with Alltech Biotechnology PVT Ltd. USA, at Alltech, BD Liaison office, 38, Rabindra Sarani, Uttara. The MD of Alltech, South Asia & MD of Advent have signed the agreement on behalf of respective organization. The company further informed that they will import four items amounting about BDT 8.00 crore in the first year.
- Resumption after record date
Trading of the shares of the Company will resume on 20.11.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2022
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.41 for July-September 2022 as against Tk. 0.39 for July-September 2021; NOCFPS was Tk. 0.47 for July-September 2022 as against Tk. 0.43 for July-September 2021. NAV per share was Tk. 14.51 as on September 30, 2022 and Tk. 14.10 as on June 30, 2022.
- The auditor of the Advent Pharma Limited has given the \"Emphasis of matter\" paragraphs in the Auditor\'s Report for th
The auditor of the Advent Pharma Limited has given the \"Emphasis of matter\" paragraphs in the Auditor\'s Report for the year ended 30 June, 2022. Emphasis of matter: Without qualifying our opinion, we draw attention on the matters disclosed: 1. The company reported BDT 2,587,352 which was payable against dividend as on 30 June 2022. Upon comparing these outstanding balances with the corresponding bank account held by the company, (Cont.1)
- (Continuation news of ADVENT): we noted the said bank account had a balance of BDT 94,619 not sufficient as on the repor
(Continuation news of ADVENT): we noted the said bank account had a balance of BDT 94,619 not sufficient as on the reporting date to settle outstanding payable against dividend. 2. During the audit at the company, we noted that the company made some payments against purchase and expenses in cash mode instead of A/C payee cheque or bank transfer which indicates violation of Income tax ordinance 1984 guideline. (Cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of ADVENT): 3. As per the section 234 of the Bangladesh Labour Act, 2006, \"Establishment of Workers
(Continuation news of ADVENT): 3. As per the section 234 of the Bangladesh Labour Act, 2006, \"Establishment of Workers Profit Participation Fund and Welfare fund\"-every company is to pay, within 9 (nine) months of the close of every year 5\% of profit before tax and transfer to respective \"Participatory Fund\", \"Welfare Fund\" and \"Workers Welfare Foundation fund\" established under section 14 at the ratio of 80:10:10. But the company did not make payment during the year under audit. (Cont.3)
The first part of this announcement is missing from the archive. - Emphasis of matter
(Continuation news of ADVENT): 4. Depreciation methods, useful lives & residual value should be reviewed annually and adjusted if appropriate. During the year the company's did not review its PPE rate of depreciation. Indicate that the auditor's opinion is not modified in respect of the matter emphasized. (end)
The first part of this announcement is missing from the archive. - 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 15.11.2022 to 16.11.2022. Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2022.
- 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 November 14, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
- Update of Information
The Company has requested the Members to update their respective Bank Account, Mailing Address, E-mail Address, Mobile Phone Number, 12 Digits Electronic Taxpayer's Identification Number (e-TIN) through their respective Depository Participant (DP) before the Record Date, i.e., 17.11.2022.
- The Board of Directors has recommended 2\% Cash Dividend only for general shareholders (Excluding Sponsors and Directors
The Board of Directors has recommended 2\% Cash Dividend only for general shareholders (Excluding Sponsors and Directors) for the year ended June 30, 2022. Total Shares: 93,132,732, Sponsors\' and Directors\' Shares: 27,957,751, General Shareholders\' Shares: 65,174,981, Cash of Tk. 13,034,996.00 will be paid to general shareholders. Date of AGM: 22.12.2022, Time: 12:00 PM, Venue: Digital Platform. Record Date: 17.11.2022. (cont.)
- Dividend Declaration
(Continuation news of ADVENT): The Company has reported EPS of Tk. 1.05 (Diluted), NAV per share of Tk. 14.10 and NOCFPS of Tk. 1.93 for the year ended June 30, 2022 as against Tk. 1.22 (Diluted), Tk. 13.52 and Tk. 1.94 respectively for the same period of the previous year. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.10.2022) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
- 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 27, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- 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.
- Q3 Financials
News: (Q3 Un-audited): EPS was Tk. 0.29 for January-March 2022 as against Tk. 0.22 for January-March 2021; EPS was Tk. 0.97 for July 2021-March 2022 as against Tk. 1.00 for July 2020-March 2021. NOCFPS was Tk. 1.56 for July 2021-March 2022 as against Tk. 1.73 for July 2020-March 2021. NAV per share was Tk. 14.02 as on March 31, 2022 and Tk. 13.52 as on June 30, 2021.
- 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 28, 2022 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended June 30, 2021 to the respective shareholders' BO Accounts.
- Resumption after record date
Trading of the shares of the Company will resume on 28.02.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 27.02.2022.
- Spot News
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 23.02.2022 to 24.02.2022. Trading of the shares of the Company will remain suspended on record date i.e., 27.02.2022.
- BSEC Consent and Record date for entitlement of 2% Stock Dividend
The Company has further informed that BSEC has accorded consent for issuance of 2% Stock Dividend for the year ended June 30, 2021. The Company has also informed that the Board of Directors has fixed the Record date on 27.02.2022 for entitlement of the aforesaid Bonus Shares.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.28 for October-December 2021 as against Tk. 0.43 for October-December 2020; EPS was Tk. 0.68 for July-December 2021 as against Tk. 0.79 for July-December 2020. NOCFPS was Tk. 1.05 for July-December 2021 as against Tk. 1.28 for July-December 2020. NAV per share was Tk. 14.00 as on December 31, 2021 and Tk. 13.52 as on June 30, 2021.
- Alpha Credit Rating Limited (AlphaRating) has rated the Company as \"BBB+\" in the long term and \"ST-3\" in the short t
Alpha Credit Rating Limited (AlphaRating) has rated the Company as \"BBB+\" in the long term and \"ST-3\" in the short term along with a stable outlook based on audited financial statements of the Company as on June 30, 2021 and relevant qualitative information till January 25, 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 30, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.