Associated Oxygen Limited announcements
106 Dhaka Stock Exchange announcements for Associated Oxygen Limited (AOL) since 2020: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (32).
- Resumption after record date
Trading of the shares of the Company will resume on 01.12.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 30.11.2022.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.41 for July-September 2022 as against Tk. 0.49 for July-September 2021; NOCFPS was Tk. 0.71 for July-September 2022 as against Tk. 0.83 for July-September 2021. NAV per share was Tk. 18.85 as on September 30, 2022 and Tk. 18.56 as on June 30, 2022.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 28.11.2022 to 29.11.2022. Trading of the shares of the Company will remain suspended on record date i.e., 30.11.2022 for EGM and AGM.
- The auditor of the Associated Oxygen Limited has given the \"Emphasis of Matters\" paragraph in the Auditor\'s Report fo
The auditor of the Associated Oxygen Limited has given the \"Emphasis of Matters\" paragraph in the Auditor\'s Report for the year ended 30 June 2022. Emphasis of Matters: We refer to note no: 3.13 regarding the payment of Workers Profit Participation and Welfare Fund in accordance with Bangladesh Labour Act-2006 and status of compliance regarding creating provision for the fund, disbursement of the fund and position of separate bank account and pay order (cont.1)
- (Continuation news of AOL): submission to central welfare fund of government in line with Bangladesh Labour Rules-2015.
(Continuation news of AOL): submission to central welfare fund of government in line with Bangladesh Labour Rules-2015. Our opinion is not modified in respect of this matter. We also refer to note no: 3.22 (b) regarding the repayment of WPPF loan by the company on due time. Note 3.13 - Events after the Reporting Period: Events after the reporting period that provide additional information about the Company\'s position at the reporting (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of AOL): period or those that indicate the going concern assumption is not appropriate are reflected
(Continuation news of AOL): period or those that indicate the going concern assumption is not appropriate are reflected in the financial statements. Events after the reporting period that are not adjusting events are disclosed in the Notes when they are material. The loan taken from WPPF fund was repaid within due time with interest. The Board of Directors authorizes the financial statements for the year ended 30 June, 2022 on 07 Nov, 2022. (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of AOL): Note 3.22 (b) - Contribution to Workers\' Profit Participation and Welfare Funds: This repre
(Continuation news of AOL): Note 3.22 (b) - Contribution to Workers\' Profit Participation and Welfare Funds: This represents 5\% of net profit before tax, contributed by the Company as per provisions of the Bangladesh Labor Law, 2006 (Amended 2013). The Company recognizes the contribution to Workers Profit Participation and Welfare Fund in the accounts from the period of 2018. (cont.4)
The first part of this announcement is missing from the archive. - Emphasis of Matters
(Continuation news of AOL): The fund will be transferred as per Bangladesh Labor Law, 2006 after completion of the necessary legal process. It was hard for us to ensure bank account of all the workers as they are mostly marginal workers. We paid the WPPF amount in cash basis. (end)
The first part of this announcement is missing from the archive. - 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 24, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
- The Board of Directors has recommended 10\% Cash dividend for general shareholders only excluding sponsors and directors
The Board of Directors has recommended 10\% Cash dividend for general shareholders only excluding sponsors and directors for the year ended June 30, 2022. Sponsors and directors hold 3,36,55,905 shares out of total 10,97,82,000 shares and cash dividend payable to general shareholders is Tk. 7,61,26,095.00. (cont.1)
- (Continuation news of AOL): The Company has also informed that the Board of Directors has decided to increase Authorized
(Continuation news of AOL): The Company has also informed that the Board of Directors has decided to increase Authorized Share Capital of the Company from Tk. 250,00,00,000.00 to Tk. 400,00,00,000.00 divided into 40,00,00,000 ordinary shares of Tk. 10.00 each subject to the approval of shareholders in the EGM by amending Clause V of Memorandum of Association and Article 6 of Articles of Association of the company. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of AOL): Date of EGM and AGM: 28.12.2022, Time of EGM and AGM: 03:00 PM and 04:00 PM respectively, Ve
(Continuation news of AOL): Date of EGM and AGM: 28.12.2022, Time of EGM and AGM: 03:00 PM and 04:00 PM respectively, Venue of EGM and AGM: Digital Platform. Record Date for EGM and AGM: 30.11.2022. The Company has reported EPS of Tk. 1.67, NAV per share of Tk. 18.56 and NOCFPS of Tk. 3.11 for the year ended June 30, 2022 as against Tk. 2.19, Tk. 18.29 and Tk. 2.57 respectively for the same period of the previous year. (cont.3)
The first part of this announcement is missing from the archive. - The Company has requested the shareholders to update their Bank Account details of the BO Account including Routing Numb
The Company has requested the shareholders to update their Bank Account details of the BO Account including Routing Number to get the Dividend online, email address to receive the Annual Report online and provide their 12 digits e-Tin number to avail the Income tax deduction @10\% instead of 15\% through respective Depository Participant (DP) before the \"Record Date\" i.e. 30.11.2022.(cont. 1)
- (Continuation news of AOL): The company has also requested shareholders bearing folio numbers to update their mailing &
(Continuation news of AOL): The company has also requested shareholders bearing folio numbers to update their mailing & email address and submit their 12 digits e-Tin Certificate to Company\'s Share office before the \"Record Date\". The Company has also requested the concerned Brokerage/DPs to provide the details (shareholders name, BO ID, email address, shareholding position, gross dividend receivable, applicable tax rate and net dividend receivable) (cont. 2)
The first part of this announcement is missing from the archive. - Update of Information
(Continuation news of AOL): of their Margin loan holders who hold Company's share on the record date to share office or e-mail to info@associatedoxygenltd.?om along with DPs bank details(account name, account number, routing no. etc. (end)
The first part of this announcement is missing from the archive. - Dividend Declaration and Decision to hold EGM
(Continuation news of AOL): Reasons for deviation in EPS and NOCFPS: EPS has decreased due to dull economic conditions, the Russia- Ukraine War and failure to sell Medical Oxygen significantly in the current improvement of Covid condition. NOCFPS has increased due to increase of collection from customer and decrease of operating expenses, selling and distribution expenses. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (08.11.2022) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
- The Company has informed that the Board of Directors has decided for issuance of Associated Oxygen Limited Convertible B
The Company has informed that the Board of Directors has decided for issuance of Associated Oxygen Limited Convertible Bond worth of Tk. 250.00 Crore for its business expansion. The Company arranged an agreement signing ceremony on 03 November 2022 and signed a fund arrangement agreement with (Cont.)
- AOL : Decision to issue Convertible Bond
(Continuation news of AOL): Janata Capital and Investment Limited as fund arranger of the Company for this purpose, subject to approval of the Bangladesh Securities and Exchange Commission and the shareholders of the Company in the next Annual General Meeting (AGM). (end)
The first part of this announcement is missing from the archive. - 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 November 07, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating of the Company as \"A3\" along with a
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating of the Company as \"A3\" along with a Stable outlook based on audited financial statements as of June 30, 2021, quarterly report as of March 31, 2022; audited financial statements as of 2020, 2019, 2018, 2017. Bank liability position as of July 18, 2022 (Basic Bank limited) and other relevant quantitative and qualitative information up to the date of rating declaration.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.46 for January-March 2022 as against Tk. 0.54 for January-March 2021; EPS was Tk. 1.34 for July 2021-March 2022 as against Tk. 1.59 for July 2020-March 2021. NOCFPS was Tk. 2.73 for July 2021-March 2022 as against Tk. 2.13 for July 2020-March 2021. NAV per share was Tk. 18.10 as on March 31, 2022 and Tk. 18.29 as on June 30, 2021.
- 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 28, 2022 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended June 30, 2021 to the respective shareholders' BO Accounts on March 10, 2022.
- Resumption after record date
Trading of the shares of the Company will resume on 03.03.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 02.03.2022.
- Spot for entitlement of 7% Stock Dividend
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 28.02.2022 to 01.03.2022. Trading of the shares of the Company will remain suspended on record date i.e., 02.03.2022.
- Consent from BSEC and Record date for entitlement of 7% Stock Dividend
The Company has further informed that BSEC has accorded consent for issuance of 7% Stock Dividend for the year ended June 30, 2021. The Company has also informed that the Board of Directors has fixed the Record date on 02.03.2022 for entitlement of the aforesaid Bonus Shares.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.45 for October-December 2021 as against Tk. 0.55 for October-December 2020; EPS was Tk. 0.94 for July-December 2021 as against Tk. 1.05 for July-December 2020. NOCFPS was Tk. 1.84 for July-December 2021 as against Tk. 1.18 for July-December 2020. NAV per share was Tk. 18.88 as on December 31, 2021 and Tk. 18.29 as on June 30, 2021.
- 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, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.