Aman Feed PLC announcements
176 Dhaka Stock Exchange announcements for Aman Feed PLC (AMANFEED) since 2015: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (23).
- Land Purchase
The Company has informed that the Board of Directors of the Company has taken, among others, the decision to purchase 96.25 decimals of land adjacent to factory, Mouza: Singogati, P.S + P.O.: Ullapara, Dist. : Sirajgonj, at a cost of Tk.4,33,57,500/- (including the registration costs).
- 12-digit furnishing Tin number and Address
The Company has requested the concerned Brokerage houses and Merchant bankers to provide with a statement with the details (shareholders' name, BO ID Number, e-Tin number, gross dividend receivable, applicable tax rate and net dividend receivables) of their margin loan holders who hold shares of the Company as on the Record date along with the name of the contact person in this connection.The Brokerage houses and Merchant bankers are also requested to provide their Bank account name, routing number etc. on or before December 08, 2016. The Company has also requested the concerned trusty board of approved superannuation fund or pension fund or gratuity fund or recognized provident fund or workers participation fund to provide updated tax rebate certification on or before December 08, 2016.
- Land Purchase
The Company has informed that the Board of Directors of the Company has taken, among others, the decision to purchase 61 decimals of land adjacent to factory, Mouza: Sinogati, P.S + P.O. : Ullapara, Dist. : Sirajgonj, at a cost of Tk. 2,74,62,000.00 (including the registration costs)
- Resumption after record date
Trading of the shares of the Company will resume on 20.11.2016 after record date.
- Suspension for record date
Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2016.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 1.41 for July-September, 2016 as against Tk. 1.04 for July-September, 2015; NOCFPS was Tk. 1.60 for July-September, 2016 as against Tk. 1.61 for July-September, 2015. NAV per share was Tk. 35.60 as of September 30, 2016 and Tk. 34.18 as of June 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 with cum benefit from 15.11.2016 to 16.11.2016. Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2016.
- 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 5:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2016.
- Dividend Declaration
The Board of Directors has recommended 20% cash and 10% stock dividend for the year ended on June 30, 2016. Date of AGM: 15.12.2016, Time: 11:00 AM, Venue: Factory Premises, Singhogati, Ullapara, Sirajgonj. Record Date: 17.11.2016. The Company has also reported EPS of Tk. 4.48, NAV per share of Tk. 34.18 and NOCFPS of Tk. 3.39 for the year ended on June 30, 2016 as against Tk. 3.18 (restated), Tk. 35.90 and Tk. 0.30 respectively for the year ended on June 30, 2015.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (27.10.2016) following its corporate declaration.
- 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 26, 2016 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2016.
- Agreement with Krishibid Feed Limited
The Company has informed that the Board of Directors has decided to make an agreement with Krishibid Feed Limited. Under the agreement, Aman Feed Ltd. will supply raw materials and Krishibid Feed Ltd. will produce maximum 700 MT finished Floating Fish Feed per month and supply finished feed to Aman Feed Ltd. with effect from August 11, 2016 for period of consecutive 12 months. Aman Feed Ltd. will sell this feed through its existing distribution network to all over the country. After execution of the agreement, the maximum sell volume will be increased by 8,400 MT and the sale amount will be increased approximately by Tk. 40.32 crore during the agreement period and approximate net profit of the Company will be increased by Tk. 5.24 crore accordingly.
- 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 April 30, 2016 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2016.
- Issuance of Commercial Papers (CP)
The Company has informed that the Board of Directors has decided to raise fund by issuing commercial papers (CP) for a total value of Tk. 500.00 million for a period of 180 days @ 8.50% per annum. It is to be subscribed by the Pubali Bank Limited, which will be utilized for repayment of high cost working capital loan.
- Investment in an Associate
The Company has informed that the Board of Directors of the Company has decided to invest an amount of Tk. 24.50 million in the ordinary shares of its Associate Company AKIN Feed Limited as a sponsor shareholder equivalent to 49% of its initial total paid up share capital consists of 24,50,000 ordinary shares of Tk. 10.00 each. AKIN Feed Limited has been incorporated as a Public Limited Company and its main business is to manufacture Floating Fish Feed. The estimated total cost of the project is to be Tk. 900.00 millions with production capacity of 60,000.00 MT. per year (approximately)
- 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.
- Agreement with Bengal Feed
The company has informed that to meet the market demand and also part of market expansion, The Board of Directors has decided to make an agreement with Bengal Feed & Fisheries Limited. Under the agreement, Aman Feed Limited will supply raw materials and Bengal Feed & Fisheries Limited will produce maximum 700.00 MT finished feed per month and supply finished feed to Aman Feed Limited with effect from March 11, 2016 for a period of consecutive 12 months. Aman Feed Limited will sale this feed through its existing distribution network to all over the country. After execution of the agreement, the maximum sales volume will be increased by 8,400.00 MT and the sales amount will be increased approximately Tk. 35.00 crore during the agreement period and the net profit will increase approximately Tk. 2.80 crore.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating (surveillance) of the Company as "A2" based on audited financial statements up to June 30, 2015; unaudited 03 (three) months management prepared financial statements; bank liability position as on October 31, 2015 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Land Purchase
The Company has informed that the Board of Directors has decided to purchase 138 decimals of land adjacent to factory, Ullapara, Sirajgonj at a cost of Tk. 2,21,96,127.00 (including the registration costs).
- Q2 Financials
EPS was Tk. 1.12 for October-December, 2015 as against Tk. 0.63 for October-December, 2014; EPS was Tk. 2.16 for July-December, 2015 as against Tk. 1.39 for July-December, 2014. NOCFPS was Tk. 0.65 for July-December, 2015 as against Tk. 0.53 for July-December, 2014. NAV per share with revaluation was Tk. 31.87 as of December 31, 2015 and Tk. 35.90 as of June 30, 2015, NAV per share without revaluation was Tk. 30.70 as of December 31, 2015 and Tk. 34.50 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 28, 2016 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2015.
- 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.
- Agreement signing
The Company has informed that the Board of Directors has decided to make an agreement with Tamim Agro Ltd. for Floating Fish Feed Production & Supply. Under the agreement Aman Feed Ltd. will supply raw materials and Tamim Agro Ltd. will produce maximum 800 MT of floating fish feed per month and supply to the Company with effective from 1st March, 2016 for the consecutive period of nine months. The Company will sell this Floating Fish Feed through its existing distribution network to all over the country.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.