DSE:AFTABAUTO

Aftab Automobiles Limited announcements

352 Dhaka Stock Exchange announcements for Aftab Automobiles Limited (AFTABAUTO) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2010 (38).

  1. Mr. Monwarul Islam, one of the Sponsors/Directors of the company, has further reported that he has completed his sale of

    Mr. Monwarul Islam, one of the Sponsors/Directors of the company, has further reported that he has completed his sale of 1,10,000 shares of the company at prevailing market price through Stock Exchange as announced earlier.

  2. In response to DSE query, the company has informed the following: "(a) We are not aware of any undisclosed material deci

    In response to DSE query, the company has informed the following: "(a) We are not aware of any undisclosed material decision/information relating to our Company's operation/profitability that might have impact on the trading price and volume of the shares of our Company. (b) We however held "road show" on 9 December, 2010 for discovery of the price of shares for the purpose of IPO under Book Building Method of Navana Real Estate Ltd., of which Aftab Automobiles Ltd. holds 20% shares."

  3. Mr. Monwarul Islam, one of the Sponsors/Directors of the company, has reported his intention to sell 1,10,000 shares out

    Mr. Monwarul Islam, one of the Sponsors/Directors of the company, has reported his intention to sell 1,10,000 shares out of his total holdings of 3,45,261 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  4. Normal trading of the shares of the company will resume on 21.11.10 after record date.

    Normal trading of the shares of the company will resume on 21.11.10 after record date.

  5. Trading of the shares of the company will remain suspended on record date i.e. 15.11.10.

    Trading of the shares of the company will remain suspended on record date i.e. 15.11.10.

  6. Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be

    Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 10.11.10 to 14.11.10. Trading of the shares of the company will remain suspended on record date i.e. 15.11.10.

  7. There will be no price limit on the trading of the shares of the company on 04.11.10 following its corporate declaration

    There will be no price limit on the trading of the shares of the company on 04.11.10 following its corporate declaration.

  8. The Board of Directors has recommended cash dividend @ 10% and stock dividend @ 30% for the year ended on August 31, 201

    The Board of Directors has recommended cash dividend @ 10% and stock dividend @ 30% for the year ended on August 31, 2010. Date of AGM: 22.12.10, Time: 9:30 AM, Venue: Bashundhara Convention Centre, Baridhara, Dhaka. Record date: 15.11.10. The company has also reported EPS of Tk. 19.61, NAV per share of Tk. 73.16 and Net Operating Cash Flow Per Share (NOCFPS) of Tk. 3.06 for the year ended on August 31, 2010.

  9. As per regulation 30 of DSE Listing Regulations, the company has informed that a meeting of Board of Directors of the co

    As per regulation 30 of DSE Listing Regulations, the company has informed that a meeting of Board of Directors of the company will be held on November 03, 2010 at 3:15 p.m. to consider, among others, audited financial statements of the company for the year ended August 31, 2010.

  10. The company has informed that the Board of Directors of the company has approved its appointment as Distributor for dist

    The company has informed that the Board of Directors of the company has approved its appointment as Distributor for distribution, sale and after-sale service in Bangladesh of SUZUKI brand Motor Cycles, all-terrain Vehicles, Outboard Motors and Parts for a period to 31st March 2012 by SUZUKI Motor Corporation, Japan.

  11. In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the com

    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.

  12. The company has informed that the Board of Directors of the company has decided that the Furniture, Batteries and Paints

    The company has informed that the Board of Directors of the company has decided that the Furniture, Batteries and Paints Units of the company will cease to exist for all purposes effective from August 01, 2010 on transfer of the Undertaking, assets and liabilities of the Furniture, Batteries and Paints Units of Aftab Automobiles Ltd. (Transferor-Units) respectively to Navana Furniture Limited, Navana Batteries Limited and Navana Paints Limited (Transferee- Companies) which was deemed to have been so effective from September 01, 2009. Thus, the Transferor-Units shall cease their operating activities under the name and style of Aftab (continue)

  13. (Continuation of News of AFTABAUTO): Automobiles Limited and the properties, assets, rights, benefits, contracts, debts,

    (Continuation of News of AFTABAUTO): Automobiles Limited and the properties, assets, rights, benefits, contracts, debts, liabilities, obligations, licenses, interests and employees of Transferor-Units shall deem to be transferred to and vested in the Transferee-Companies for all purposes from August 01, 2010. All customers, suppliers, debtors, creditors, employees and other stakeholders related to the Furniture, Batteries and Paints Units of Aftab Automobiles Limited until July 31, 2010 shall deem to be continued to be so related respectively to Navana Furniture Limited, Navana Batteries Limited and Navana Paints Limited on the same terms and conditions effective from August 01 2010.

    The first part of this announcement is missing from the archive.
  14. In response to a DSE query dated 01.08.10, the company has informed that they are not aware of any undisclosed material

    In response to a DSE query dated 01.08.10, the company has informed that they are not aware of any undisclosed material decision/information relating to the Company's operation/profitability that might have impact on the trade of the shares of the company. However, the Board of Directors of the company has decided that the Furniture, Batteries and Paints Units of the company will cease to exist for all purposes effective from August 01, 2010 on transfer of the Undertaking, assets and liabilities of the Furniture, Batteries and Paints Units of Aftab Automobiles Ltd. respectively to Navana Furniture Limited, Navana Batteries Limited and Navana Paints Limited which was deemed to have been so effective from September 01, 2009.

  15. (continuation of news of AFTABAUTO): as against Tk. 56.93 million and Tk. 1.87 respectively for the same period of the p

    (continuation of news of AFTABAUTO): as against Tk. 56.93 million and Tk. 1.87 respectively for the same period of the previous year. In the footnote of profit and loss account, the company has also stated that the corresponding figures for the 3rd quarter ended May 31, 2009 do not include those of Batteries, Furniture and Paints units as these units were transferred to separate subsidiaries to facilitate comparison.

    The first part of this announcement is missing from the archive.
  16. As per un-audited quarterly accounts for the 3rd quarter ended on 31st May 2010 (Mar'10 to May'10), the company has repo

    As per un-audited quarterly accounts for the 3rd quarter ended on 31st May 2010 (Mar'10 to May'10), the company has reported net profit after tax of Tk. 63.20 million with weighted average EPS of Tk. 1.94 as against Tk. 11.32 million and Tk. 0.56 respectively for the same period of the previous year. Again, net profit after tax (including capital gain on investment in shares of Tk. 287.35 million) was Tk. 456.30 million with weighted average EPS of Tk. 15.01 for the period of nine months (Sep'09 to May'10) ended on 31.05.10 whereas net profit after tax (without considering capital gain on sale of shares) was Tk. 168.95 million with weighted average EPS of Tk. 5.56 for the same period (continue)

  17. The company has informed that as per terms and condition of Preference Shares Issue, 1,80,00,000 Preference Shares of Tk

    The company has informed that as per terms and condition of Preference Shares Issue, 1,80,00,000 Preference Shares of Tk.100.00 each, allotted earlier to the subscribers of preference shareholders against their subscriptions, are converted into 1,13,59,547 Ordinary Shares of Tk. 10.00 each of the Company at Tk 158.46 after 35% discount on Tk. 243.78 being the weighted average price of DSE during the four months effective from 01.02.10 to 30.05.10. The aforesaid converted ordinary shares of the Company are expected to be credited on 3rd June 2010 to the respective BO Account Numbers of preference shareholders which will be under lock in for one year effective from 31st January 2010.

  18. (Repeat): Following the change of the denomination of shares and market lot with effect from 23.05.10 (record date), the

    (Repeat): Following the change of the denomination of shares and market lot with effect from 23.05.10 (record date), the new face value of the shares of the company is Tk. 10.00 instead of Tk. 100.00 per share, market lot is 50 shares instead of 05 share and the new adjusted closing price of shares is Tk. 296.50 per share.

  19. Normal trading of the shares of the company will resume on 24.05.10 after Record Date with new face value of Tk. 10.00 e

    Normal trading of the shares of the company will resume on 24.05.10 after Record Date with new face value of Tk. 10.00 each, market lot of 50 shares and adjusted closing price of Tk. 296.50 as announced earlier.

  20. Following the change of the denomination of shares and market lot with effect from 23.05.10 (record date), the new face

    Following the change of the denomination of shares and market lot with effect from 23.05.10 (record date), the new face value of the shares of the Company will be Tk. 10.00 instead of Tk. 100.00 per share, market lot will be 50 shares instead of 05 share and the new adjusted closing price of shares will be Tk. 296.50 per share.

  21. Trading of the shares of the company will remain suspended on record date i.e. 23.05.10 for changing the Face Value and

    Trading of the shares of the company will remain suspended on record date i.e. 23.05.10 for changing the Face Value and Market Lot.

  22. (continuation of news of AFTABAUTO): and Tk 18,36,02,690.00 through issuance of 1,83,60,269 ordinary shares of Tk. 10.00

    (continuation of news of AFTABAUTO): and Tk 18,36,02,690.00 through issuance of 1,83,60,269 ordinary shares of Tk. 10.00 each of Navana Batteries Limited to Aftab Automobiles Limited against transfer of the Undertaking, assets and liabilities of the Furniture and Batteries Units of Aftab Automobiles Limited respectively to Navana Furniture Limited and Navana Batteries Limited with effect from 1 September 2009.

    The first part of this announcement is missing from the archive.
  23. The company has informed that SEC has given its consent under the provisions of the Securities and Exchange Commission (

    The company has informed that SEC has given its consent under the provisions of the Securities and Exchange Commission (Issue of Capital) Rules, 2001 (vide SEC's Consent Letter Nos SEC/CI/CPLC (Pvt.)-244/2010-475 & 476, both dated 17 May 2010) for raising the paid-up capital of Navana Furniture Limited and Navana Batteries Limited, approx 100% subsidiaries of Aftab Automobiles Limited, respectively by Tk. 21,75,28,630.00 through issuance of 2,17,52,863 ordinary shares of Tk. 10.00 each of Navana Furniture Limited to Aftab Automobiles Limited; (continue)

  24. Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be

    Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per spot settlement cycle from 18.05.10 to 20.05.10. Trading of the shares of the company will remain suspended on record date i.e., 23.05.10 for changing Face Value and Market Lot.

  25. The company has informed that Securities & Exchange Commission vide its letter dated 11.05.10 has accorded its consent t

    The company has informed that Securities & Exchange Commission vide its letter dated 11.05.10 has accorded its consent to the proposed change in the denomination of share value (face value) of Aftab Automobiles Ltd. from Tk. 100.00 to Tk. 10.00 each as well as the market lot from 5 (five) to 50 (fifty) shares. The company has fixed the Record date on May 23, 2010 for the purpose of such change.

  26. In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the com

    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.

  27. The company has informed that the Board of Directors of the Company has decided to invest a sum of Tk. 2,00,00,000.00 (t

    The company has informed that the Board of Directors of the Company has decided to invest a sum of Tk. 2,00,00,000.00 (taka two crore) in Navana Real Estate Limited for acquisition of 20,000 shares of Tk. 1,000.00 each (i.e., 20% of total holding) of that Company at par.

  28. (continuation of news of AFTABAUTO): the company has reported the following: 1. The corresponding figures for the half-y

    (continuation of news of AFTABAUTO): the company has reported the following: 1. The corresponding figures for the half-year ended February 28, 2009 do not include those of Batteries, Furniture and Paints units as these units were transferred to separate subsidiaries to facilitate comparison. 2. Previous period's figures have been rearranged wherever necessary to conform current period's presentation.

    The first part of this announcement is missing from the archive.
  29. As per un-audited half yearly accounts ended on 28.02.10, net profit after tax (including capital gain on sale of shares

    As per un-audited half yearly accounts ended on 28.02.10, net profit after tax (including capital gain on sale of shares) of the company is Tk. 393.10 m. and EPS is Tk. 121.07 whereas net profit after tax (before capital gain on sale of shares) is Tk. 105.75 m. and EPS is Tk. 32.56 for the same period as against net profit after tax of Tk. 45.60 m. with EPS of Tk. 14.04 (restated) for the same period of the previous year. In the footnote of Profit and Loss account, (continue)

  30. Ms. Mafia Yasmin and Ms. Sumaiya Yasmin, both are Sponsors of the Company, have further reported that they have complete

    Ms. Mafia Yasmin and Ms. Sumaiya Yasmin, both are Sponsors of the Company, have further reported that they have completed their sale of 2,992 shares and 2,813 shares respectively at prevailing market price through Stock Exchange as announced earlier.

  31. Mr. Anwarul Islam, one of the Sponsors of the Company has further reported that he has completed his sale of 4734 shares

    Mr. Anwarul Islam, one of the Sponsors of the Company has further reported that he has completed his sale of 4734 shares of the company at prevailing market price through Stock Exchange as announced earlier.

  32. The company has informed that the Board of Directors of the company has, on full subscription, allotted 1,80,00,000 full

    The company has informed that the Board of Directors of the company has, on full subscription, allotted 1,80,00,000 fully convertible, 5% dividend, Preference Shares of Taka 100 .00 each amounting to Tk. 180,00,00,000.00 to subscribers thereof. These shares are expected to be credited to the BO Account of the concerned subscribers on 04.02.2010.

  33. Ms. Mafia Yasmin and Ms. Sumaiya Yasmin, both are Sponsors of the Company, have reported their intention to sell 2,992 s

    Ms. Mafia Yasmin and Ms. Sumaiya Yasmin, both are Sponsors of the Company, have reported their intention to sell 2,992 shares and 2,813 shares out of their total holdings of 7,625 shares and 6,965 shares respectively at prevailing market price through Stock Exchange within next 30 working days.

  34. Mr. Monwarul Islam, one of the Sponsors of the Company, has further reported that he has completed his sale of 13,305 sh

    Mr. Monwarul Islam, one of the Sponsors of the Company, has further reported that he has completed his sale of 13,305 shares of the company at prevailing market price through Stock Exchange as announced earlier.

  35. Mr. Anwarul Islam, one of the Sponsors of the Company, has reported his intention to sell his entire holdings of 4,734 s

    Mr. Anwarul Islam, one of the Sponsors of the Company, has reported his intention to sell his entire holdings of 4,734 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  36. Mr. Monwarul Islam, one of the Sponsors of the Company, has reported his intension to sell 13,305 shares out of his tota

    Mr. Monwarul Islam, one of the Sponsors of the Company, has reported his intension to sell 13,305 shares out of his total holdings of 46,569 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  37. (continuation of news of AFTABAUTO): comply with the relevant laws and regulatory requirements and shall also adhere to

    (continuation of news of AFTABAUTO): comply with the relevant laws and regulatory requirements and shall also adhere to the conditions imposed by SEC under section -2CC of the Securities and Exchange Ordinance, 1969. The issue will be opened for subscription by the shareholders from 17.01.2010 to 25.01.2010. The letters to the shareholders of the company on the Record date i.e. 09.12.2009 will be sent to them to their respective addresses.

    The first part of this announcement is missing from the archive.
  38. SEC has given consent to the company under the provisions of the Securities and Exchange Commission (Issue of Capital) R

    SEC has given consent to the company under the provisions of the Securities and Exchange Commission (Issue of Capital) Rules, 2001, for raising paid-up capital from Tk. 32,47,39,800.00 to Tk. 212,47,39,800.00 through issuance of 1,80,00,000 fully Convertible, 5% Dividend Preference Shares of Tk. 100.00 each at par totaling Tk. 180,00,00,000.00 only through Private Placement to the existing shareholders and others. The consent has been accorded subject to the condition that the company shall (continue)

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.