Apex Spinning & Knitting Mills Limited announcements
271 Dhaka Stock Exchange announcements for Apex Spinning & Knitting Mills Limited (APEXSPINN) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (22).
- Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of the Company as \"AA3
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of the Company as \"AA3\" based on audited financial statements up to June 30, 2021; bank liability position as on October 31, 2021 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- The Company has informed that the Registered Office of the Company has been shifted to its new address at \"SHANTA SKYMA
The Company has informed that the Registered Office of the Company has been shifted to its new address at \"SHANTA SKYMARK\" (Levels 8-13), 18, Gulshan Avenue, Gulshan-1, Dhaka-1212 with effect from December 20, 2021.
- Resumption after record date
Trading of the shares of the Company will resume on 22.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2021.
- 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 17.11.2021 to 18.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2021.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.65 for July-September 2021 as against Tk. 0.71 for July-September 2020; NOCFPS was Tk. 2.64 for July-September 2021 as against Tk. 9.33 for July-September 2020. NAV per share was Tk. 57.24 as on September 30, 2021 and Tk. 55.81 as on June 30, 2021. NOCFPS decreased due to mainly increase of more payment for cost and expenses as compare to increase of collection from revenue.
- 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 14, 2021 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, 2021.
- The auditor of the Apex Spinning & Knitting Mills Limited has given the \"Emphasis of matters\" paragraphs in the Audito
The auditor of the Apex Spinning & Knitting Mills Limited has given the \"Emphasis of matters\" paragraphs in the Auditor\'s Report for the year ended on 30 June, 2021. Emphasis of matters: Auditor\'s draw attention to the note nos. 40-41 wherein the basis for restatement has been described in respect of opening balance as on July 01, 2020 for the forfeited amount of the employer\'s contribution to the provident fund in its annual financial statements. Their Opinion is not modified in respect of the (cont.1)
- (Continuation news of APEXSPINN): matter emphasized. The notes # 40-41 of Financial Statement have been stated below: 40
(Continuation news of APEXSPINN): matter emphasized. The notes # 40-41 of Financial Statement have been stated below: 40. PRIOR YEAR ADJUSTMENT: As per Financial Reporting Council (FRC) notification no. 179/FRC/FRN/notification/2020/2 dated 7th July 2020 regarding lapse amount of employer\'s subscription to provident fund have to return to the company\'s annual financial statements from 2015 & have to be shown as other income of the company (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of APEXSPINN): accordingly. As such, lapse amount for the year 2020-2021 has been recorded as income
(Continuation news of APEXSPINN): accordingly. As such, lapse amount for the year 2020-2021 has been recorded as income for the year 2020-2021 and lapse amount of 2015-2016 has been restated the Financial Position as on 30.06.2019 as prior period income as per PF policy. 41. DISCLOSURE ON RESTATEMENT: Total PF lapse receivable Tk. 1,411,329/- has been accounted for during the period. According to para 43 of IAS 8, opening balance of PF lapse receivables (note 15), (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of APEXSPINN): Deferred Tax Liabilities (note 24e) and Retained Earnings as on July 01, 2019 has been
(Continuation news of APEXSPINN): Deferred Tax Liabilities (note 24e) and Retained Earnings as on July 01, 2019 has been restated. Upon such restatement amount of Tk. 1,323,793/- has been recognized in the opening PF lapse receivables and tax at 22.50 percent of such forfeited amount of Tk. 297,853/- has been accounted for in the opening balance of deferred tax liabilities as at July 01, 2019. Accordingly, (cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of APEXSPINN): the amount of Tk. 1,025,940/- has been transferred to retained earnings. The effect du
(Continuation news of APEXSPINN): the amount of Tk. 1,025,940/- has been transferred to retained earnings. The effect due to this restatement in opening balance of comparative financial statements is material, third statement of financial position has been disclosed according to Para 40A of IAS 1. Note No. 16, Other Receivable Tk. 6,026,937 for the year 2019-20, Tk. 7,350,730 for the year 2019-20 (restated), Amounts of items that is reclassified Tk. 1,323,793. (cont.5)
The first part of this announcement is missing from the archive. - Emphasis of matter
(Continuation news of APEXSPINN): Note No. 21, Reserve & Surplus Tk. 345,848,703 for the year 2019-20, Tk. 346,874,643 for the year 2019-20 (restated), Amounts of items that is reclassified Tk. (1,025,940). Note No. 24e, Deferred Tax Liability Tk. 3,513,997 for the year 2019-20, Tk. 3,811,850 for the year 2019-20 (restated), Amounts of items that is reclassified Tk. (297,853). (end)
The first part of this announcement is missing from the archive. - Dividend Declaration
The Board of Directors has recommended 20% Cash dividend for the year ended on June 30, 2021. Date of AGM: December 15, 2021, Time: 9:30 AM, Venue: Digital Platform. November 21, 2021. The Company has reported EPS of Tk. 2.93, NAV per share of Tk. 55.81 and NOCFPS of Tk. 26.43 for the year ended on June 30, 2021 as against Tk. 1.48, Restated Tk. 54.30 and Tk. 0.66 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 (31.10.2021) 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, 2021 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.76 for January-March 2021 as against Tk. 0.72 for January-March 2020; EPS was Tk. 2.51 for July 2020-March 2021 as against Tk. 2.19 for July 2019-March 2020. NOCFPS was Tk. 18.53 for July 2020-March 2021 as against Tk. 7.07 for July 2019-March 2020. NAV per share was Tk. 55.19 as on March 31, 2021 and Tk. 54.17 as on June 30, 2020.
- 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 May 06, 2021 at 2:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
- (Q2 Un-audited): EPS was Tk. 1.04 for October-December 2020 as against Tk. 0.97 for October-December 2019; EPS was Tk. 1
(Q2 Un-audited): EPS was Tk. 1.04 for October-December 2020 as against Tk. 0.97 for October-December 2019; EPS was Tk. 1.75 for July-December 2020 as against Tk. 1.47 for July-December 2019. NOCFPS was Tk. 7.52 for July-December 2020 as against Tk. (6.16) for July-December 2019. NAV per share was Tk. 54.55 as on December 31, 2020 and Tk. 54.17 as on June 30, 2020.
- The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2020 to the respective s
The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2020 to the respective shareholders.
- As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a 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, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.
- Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of the Company as "AA3"
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of the Company as "AA3" based on audited financial statements up to June 30, 2020; bank liability position as on November 30, 2020 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.