Alif Industries Limited announcements
144 Dhaka Stock Exchange announcements for Alif Industries Limited (AIL) since 2017: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2018 (26).
- Resumption after record date
Trading of the shares of the Company will resume on 19.11.2018 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2018.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.74 for July-September, 2018 as against Tk. 0.52 for July-September, 2017; NOCFPS was Tk. 0.63 for July-September, 2018 as against Tk. 0.06 for July-September, 2017. NAV per share was Tk. 23.13 as on September 30, 2018 and Tk. 22.39 as on June 30, 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 14.11.2018 to 15.11.2018. Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2018.
- 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 25% cash and 10% stock dividend for the year ended on June 30, 2018. Date of AGM: 24.12.2018, Time: 12:30 PM, Venue: Gulshan Club Ltd., House no. NWJ-2/A, Bir Uttam Sultan Mahmud Road, Gulshan-2, Dhaka. Record Date: 18.11.2018. (cont.) (Continuation news of AIL): The Company has also reported EPS of Tk. 3.86, NAV per share of Tk. 22.39 and NOCFPS of Tk. 0.66 for the year ended on June 30, 2018 as against Tk. 3.49 (restated), Tk. 24.14 and Tk. 0.99 (restated) 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 (29.10.2018) 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 28, 2018 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Query Response
In response to a DSE query dated June 03, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.
- Query Response
In response to a CSE query dated May 30, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.86 for January-March 2018 as against Tk. 0.54 for January-March 2017; EPS was Tk. 2.49 for July 2017-March 2018 as against Tk. 1.59 for July 2016-March 2017. NOCFPS was Tk. 0.16 for July 2017-March 2018 as against Tk. 0.13 for July 2016-March 2017. NAV per share was Tk. 21.81 as on March 31, 2018 and Tk. 24.14 as on June 30, 2017.
- Declaration of share transfer by a Director
Mr. Md. Azimul Islam, one of the Directors of the Company, has expressed his intention to transfer 20,00,000 shares each out of his total holding of 1,81,13,395 shares of the Company to his Mother Mrs. Lutfun Nessa Islam (another Director) and his spouse Mrs. Nabila Salam (Nominated Director), by way of gift outside the trading system of the Exchange within April 30, 2018.
- Enquiry Committee formation by BSEC
BSEC NEWS: Bangladesh Securities and Exchange Commission (BSEC) has formed an enquiry committee to investigate into recent unusual movement in price and volume of shares of Alif Industries Limited in the Stock Exchanges (Ref: BSEC Order No. BSEC/Surveillance/2017-0895/18 dated April 23, 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 April 30, 2018 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.
- Revised date of the EGM
The Company has further informed that the EGM of the Company, will now be held on May 16, 2018 instead of April 19, 2018. Other information will remain unchanged.
- Revised date and time of the EGM
The Company has further informed that the EGM of the Company, will now be held on April 19, 2018 at 3:00 PM instead of March 14, 2018 at 1:00 PM. Other information will remain unchanged.
- Resumption after record date
Trading of the shares of the Company will resume on 12.03.2018 after record date for EGM.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 11.03.2018 for EGM.
- Spot News 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 07.03.2018 to 08.03.2018. Trading of the shares of the Company will remain suspended on record date i.e., 11.03.2018 for EGM.
- Setup of 2 New business units and passing special resolutions in EGM
The Company has informed that the Board of Directors has decided to set up following two new business units: a. One spinning mills with capacity of 50,000 spindles under the name of "Alif Industries Ltd.". b. One LEEDS certified green plant for manufacturing of "Woven Denim" consisting of 25 production line under the name of "Alif Industries Ltd.". Total investment Tk. 400.00 crore is required for the aforesaid two new business units. (cont.1) (Continuation news of AIL): to the Board of Directors/Shareholders/Private Placement, subject to approval of BSEC. Record Date for EGM: March 11, 2018. Venue of EGM: "Gulshan Club Limited", House No. NWJ-2/A, Bir Uttam Sultan Mahmud Road, Gulshan-2, Dhaka-1212. Time of EGM: 1:00 PM. (end) (Continuation news of AIL): Special Resolution 2: To amend clause (Uma) of Memorandum of Association and clause 6 (Ka) of Articles of Association of the Company. Special Resolution 3: To issue 3.00 crore ordinary shares at an average price of 30 times of earnings (i.e. at PE ratio 30X) and 3 months moving average of market price through capital raise (Issue of Capital) (cont. 3) (Continuation news of AIL): The source of financing of these two new business units will be through capital raise (Issue of Capital), subject to approval of BSEC and other sources. The Company has also decided to hold an EGM on March 14, 2018 to pass the following resolutions as special resolution: Special Resolution 1: To increase authorized capital of the Company from Tk. 50.00 crore to Tk. 150.00 crore. (cont. 2)
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 1.39 for October-December, 2017 as against Tk. 0.75 for October-December, 2016; EPS was Tk. 2.04 for July-December, 2017 as against Tk. 1.31 for July-December, 2016. NOCFPS was Tk. 0.17 for July-December, 2017 as against Tk. 0.02 for July-December, 2016. NAV per share was Tk. 26.18 as on December 31, 2017 and Tk. 24.14 as on June 30, 2017.
- Dividend Disbursement
The Company has informed that it has disbursed cash dividend warrants for the year ended on June 30, 2017 to the respective shareholders' address through courier service.
- Category Change
The Company will be placed in 'A' category from existing 'Z' category with effect from January 29, 2018 as the Company has reported disbursement of 10% cash and 25% stock dividend for the year ended on June 30, 2017.
- Prohibition on providing loan facilities to purchase securities
DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Alif Industries Limited in between 1st to 30th trading day after change of categorization, with effect from January 29, 2018 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- 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 31, 2018 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.
- Dividend Disbursement
The Company has informed that it has credited bonus share for the year ended on June 30, 2017 to the respective shareholders' BO Accounts on January 24, 2018.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.