Alltex Industries Limited announcements
278 Dhaka Stock Exchange announcements for Alltex Industries Limited (ALLTEX) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (24).
- Resumption after record date
Trading of the shares of the Company will resume on 17.11.2016 after record date.
- Suspension for record
Trading of the shares of the Company will remain suspended on record date i.e., 16.11.2016.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (0.38) for July-September, 2016 as against Tk. 0.47 for July-September, 2015; NOCFPS was Tk. (0.12) for July-September, 2016 as against Tk. 0.34 for July-September, 2015. NAV per share (with revaluation) was Tk. 27.27 as of September 30, 2016 and Tk. 27.64 as of June 30, 2016. NAV per share (without revaluation) was Tk. 10.49 as of September 30, 2016 and Tk. 10.86 as of June 30, 2016.
- Board Meeting
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, 2016 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2016.
- Spot for AGM
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 03.11.2016 to 15.11.2016. Trading of the shares of the Company will remain suspended on record date i.e., 16.11.2016.
- Dividend Declaration
The Board of Directors has recommended No dividend for the year ended on June 30, 2016. Date of AGM: 22.12.2016, Time: 11:00 AM, Venue: Registered Office of the Company at Alltex Industrial Park, Ariabo, Barpa Rupgonj, Narayangonj. Record date: 16.11.2016.The Company has also reported EPS of Tk. 0.38, NAV per share (without revaluation) of Tk. 10.86, NAV per share (with revaluation) of Tk. 27.64 and NOCFPS of Tk. 0.77 for the year ended on June 30, 2016 as against Tk. 1.15 (restated), Tk. 11.36, Tk. 29.15 and Tk. 0.42 respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (26.10.2016) following its corporate declaration.
- Category Change
The Company will be placed in 'Z' category from existing 'A' category with effect from October 27, 2016 as the Company has recommended no dividend for the year ended on June 30, 2016.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase any security of Alltex Industries Limited with effect from October 27, 2016 as per BSEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.
- Board Meeting
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 25, 2016 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2016.
- Emphasis of Matter
The auditor of the company has given the following 'Emphasis of Matter' paragraph in the audit report of the company prepared for the year ended on 30 June 2015. Emphasis of Matter: We draw attention to note no. 19.01 and note no. 20.01 to the Financial Statement which describes the uncertainty related to the outcome of the application made by the company to Sonali Bank Ltd. for waiver of imposed, un-imposed bank interest. our opinion is not qualified in respect of this matter.
- 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, 2016 at 11:00 AM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2016.
- Resumption after Record
Normal trading of the shares of the Company will resume on 07.03.2016 after record date for EGM.
- Suspension for Record date for EGM regarding amalgamation
Trading of the shares of the Company will remain suspended on record date i.e., 06.03.2016 for EGM regarding amalgamation.
- Spot for EGM regarding amalgamation
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 02.03.2016 to 03.03.2016. Trading of the shares of the Company will remain suspended on record date i.e., 06.03.2016 for EGM.
- EGM for Amalgamation purpose
The Company has informed that, in pursuance to the order of the Honorable High Court Division of The Supreme Court of Bangladesh, the Board of Directors of the Company has decided to hold an EGM on March 19, 2016 at 12:00 noon at Registered Office of the Company at Alltex Industrial Park, Ariabo, Barpa Rupgonj, Narayangonj for amalgamation of Alltex Fabrics Limited with Alltex Industries Limited. Record Date of the EGM: March 05, 2016.
- Change of Record Date for EGM regarding Amalgamation
The company has further informed that the Record Date of the Company for EGM will be on 06.03.2016 instead of earlier declared Record Date on 05.03.2016. Other information will remain unchanged.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on June 30, 2015 to the respective shareholders' BO Accounts and it has also disbursed cash dividend to the respective shareholders' bank accounts through Bangladesh Electronic Fund Transfer Network (BEFTN) system.
- Q2 Financials
EPS was Tk. 0.86 for October-December, 2015 as against Tk. 0.19 for October-December, 2014; EPS was Tk. 1.33 for July-December, 2015 as against Tk. 0.95 for July-December, 2014. NOCFPS was Tk. 0.70 for July-December, 2015 as against Tk. (0.91) for July-December, 2014. NAV per share (with Revaluation) was Tk. 28.59 as of Dec. 31, 2015 and Tk. 29.15 as of June 30, 2015 and NAV per share (without Revaluation) was Tk. 11.82 as of Dec. 31, 2015 and Tk. 11.36 as of June 30, 2015.
- Board Meeting
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, 2016 at 11:00 AM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2015.
- Amalgamation Scheme
The Company has informed that the Board of Directors of the Company has taken the following decisions: a) considered the proposal of merger of Alltex Industries Limited and Alltex Fabrics Limited effective from 1st July, 2015 subject to approval from all legal/regulatory authorities; b) approved the draft scheme of Amalgamation, determining the exchange ratio of the ordinary shares of Alltex Fabrics Limited with that of Alltex Industries Limited at 0.30 share of Alltex Fabrics Limited for 1.00 share of Alltex Industries Limited based on respective adjustment of Net Asset Value; and c) also approved the Draft Petition of Alltex Industries Limited and Alltex Fabrics Limited for submission to the High Court Division of the Supreme Court of Bangladesh for amalgamation of these companies under section 228 read with section 229 of the Companies Act, 1994
- Query Response
In response to a DSE query dated January 19, 2016, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Completion of sale by Corporate Sponsors
Bastu Shilpi Limited and Bangladesh Chemical Complex (pvt.) Limited, both are Corporate Sponsors of the Company, have further reported that they have completed their sale of 4,84,000 shares and 2,16,000 shares respectively at prevailing market price through Stock Exchange, as announced earlier.
- Declaration of sale
Bastu Shilpi Limited and Bangladesh Chemical Complex (pvt.) Limited, both are Corporate Sponsors of the Company, have expressed their intention to sell 4,84,000 shares and 2,16,000 shares respectively out of their total holding of 56,44,606 shares and 62,12,448 shares respectively at prevailing market price through Stock Exchange within next 30 working days.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.