AFC Agro Biotech Limited announcements
258 Dhaka Stock Exchange announcements for AFC Agro Biotech Limited (AFCAGRO) since 2014: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2018 (19).
- Qualified Opinion
(Qualified Opinion): The auditor of the company has given the following "Qualified Opinion" in the audit report of the company for the year ended on 30 June 2018: Basis for Qualified Opinion: Provision for current income tax and deferred tax required as per para 12 & 15 of BAS 12 has not been made, as disclosed in note #15, based on gazette No-26.00.0000.100.42.008.17-54 dated 14-05-2018 (cont.) (Continuation News of AFCAGRO): by Commerce Ministry under the caption "National Active Pharmaceutical Ingredients (API) & Laboratory Reagents Production and Export Policy" regarding tax exemption against which SRO from National Board of Revenue (NBR) is yet to be obtained. (end)
- Resumption after Record Date
Trading of the shares of the Company will resume on 18.11.2018 after record date.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.84 (for Normal Operation & Considering tax reversal impact) for July-September, 2018 as against Tk. 0.81 (Normal Operation) & Tk. 0.71 (Considering Tax Reversal Impact) for July-September, 2017; NOCFPS was Tk. 2.07 for July-September, 2018 as against Tk. 1.43 for July-September, 2017. NAV per share was Tk. 19.32 as on September 30, 2018 and Tk. 18.47 as on June 30, 2018.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 15.11.2018.
- 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 13.11.2018 to 14.11.2018. Trading of the shares of the Company will remain suspended on record date i.e., 15.11.2018.
- 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, 2018 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2018.
- Dividend Declaration
The Board of Directors has recommended 15% stock dividend for the year ended on June 30, 2018. Date of AGM: 13.12.2018, Time: 11:00 AM, Venue: Institution of Diploma Engineers, Bangladesh, 160/A, Kakrail VIP Road, Dhaka. Record Date: 15.11.2018. (cont.) (Continuation news of AFCAGRO): The Company has reported EPS of Tk. 3.47 (Normal Operation) and EPS of Tk. 3.92 (Considering Tax reversal Impact), NAV per share of Tk. 18.47 and NOCFPS of Tk. 3.35 for the year ended on June 30, 2018 as against Tk. 3.32 and Tk. 2.91 (restated), Tk. 17.47 and Tk. 5.66 respectively for the same period of the previous year. (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.10.2018) following its corporate declaration.
- 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, 2018 at 11:00 AM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Resumption after record date
Trading of the shares of the Company will resume on 22.07.2018 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 19.07.2018 for EGM.
- Spot for EGM
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 from 17.07.2018 to 18.07.2018. Trading of the shares of the Company will remain suspended on record date i.e., 19.07.2018 for EGM.
- EGM to increase Authorized capital and to amend clause of the AOA
The Company has informed that the Board of Directors has decided to hold an EGM on August 12, 2018 at 10:00 AM to increase the Authorized share capital of the Company from Tk. 100.00 crore to Tk. 300.00 crore by amending Clause - V of the Memorandum of Association and Clause - 5 of the Articles of Association of the Company. Venue of the EGM: Institution of Diploma Engineers Bangladesh, 160/A, Kakrail VIP Road, Dhaka-1000. Record date for EGM: 19.07.2018.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.72 for January-March 2018 as against Tk. 0.75 for January-March 2017; EPS was Tk. 2.15 for July 2017-March 2018 as against Tk. 2.14 for July 2016-March 2017. NOCFPS was Tk. 3.13 for July 2017-March 2018 as against Tk. 3.01 for July 2016-March 2017. NAV per share was Tk. 16.71 as on March 31, 2018 and Tk. 17.47 as on June 30, 2017.
- 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 26, 2018 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.73 for October-December, 2017 as against Tk. 0.71 for October-December, 2016; EPS was Tk. 1.44 for July-December, 2017 as against Tk. 1.39 for July-December, 2016. NOCFPS was Tk. 1.88 for July-December, 2017 as against Tk. 1.96 for July-December, 2016. NAV per share was Tk. 15.99 as on December 31, 2017 and Tk. 17.47 as on June 30, 2017.
- 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 29, 2018 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.
- Credit Rating Result
National Credit Ratings Limited (NCR) has announced the surveillance entity rating of the Company as "A" in the long term, "ST-3" in the short term along with a stable outlook based on audited financial statements of the Company as on June 30, 2017.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on June 30, 2017 to the respective shareholders' BO Accounts on December 26, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.