APEXWEAV announcements
142 Dhaka Stock Exchange announcements for APEXWEAV (APEXWEAV) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (23).
- Trading of the shares of the Company will resume on 28.11.2021 after record date.
Trading of the shares of the Company will resume on 28.11.2021 after record date.
- Trading of the shares of the Company will remain suspended on record date i.e., 25.11.2021.
Trading of the shares of the Company will remain suspended on record date i.e., 25.11.2021.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled
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 23.11.2021 to 24.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 25.11.2021.
- The auditor of the Apex Weaving and Finishing Mills Ltd has given the \"Qualified Opinion\" & \"Emphasis of matter\" par
The auditor of the Apex Weaving and Finishing Mills Ltd has given the \"Qualified Opinion\" & \"Emphasis of matter\" paragraphs in the Auditor\'s Report for the year ended on 30 June, 2021. Basis for Qualified Opinion: \"Basis for Qualified Opinion: 1. As the Company incurring loss since 2009 and its accumulated returned loss is Tk. 1,529,620,891 as at 30 June, 2021 and net loss incurred during the year is of Tk. 175,700,175 due to break down of plant and machinery and (cont.1)
- (Continuation news of APEXWEAV): non-availability of banking facilities for working capital, indicates the existence of
(Continuation news of APEXWEAV): non-availability of banking facilities for working capital, indicates the existence of a material uncertainty that cast a significant doubt on the company\'s ability to continue as going concern. The company\'s loans have been rescheduled on 30 December, 2019 and first payment was due on 31 March 2021 but no payment was made till reporting date. 2. Adequate disclosures for Advance Income Tax have not been given. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of APEXWEAV): It is also to be noted that no proper explanation or evidence could be provided by the
(Continuation news of APEXWEAV): It is also to be noted that no proper explanation or evidence could be provided by the management against the Advance Income Tax of amounting Tk. 15,849,738 is note no. 06.01 of the financial statements. 3. The carrying amount of property, plant and equipment (PPE) stands at Tk. 778,196,864. We were not provided with asset register/any document or information regarding the type of assets nature or the current condition of the assets. (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of APEXWEAV): The company has not reviewed any assets that could be impaired at the end of the year.
(Continuation news of APEXWEAV): The company has not reviewed any assets that could be impaired at the end of the year. Reporting assets without any impairment review shall overstate/understate the fixed assets value as of reporting date. Without proper documents/ information/evidence, the physical existence and the rights and obligations could not be assessed or confirmed with the reported figure. (cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of APEXWEAV): The property plant and equipment of the company were carried at cost and no information
(Continuation news of APEXWEAV): The property plant and equipment of the company were carried at cost and no information related to any revaluation of the assets has been provided till the date of reporting so it is not understandable whether the Property, Plant and Equipment is presented at the fair value. Proper documents were not provided for asset addition. 4. No proper documents/evidence is provided to us by the management for Sundry Debtors (note 4.00) (cont.5)
The first part of this announcement is missing from the archive. - (Continuation news of APEXWEAV): Note No. 4: Sundry Debtors BDT 154,530,538 and BDT 162,495,573 as on 30 June 2020-2021
(Continuation news of APEXWEAV): Note No. 4: Sundry Debtors BDT 154,530,538 and BDT 162,495,573 as on 30 June 2020-2021 and 30 June 2019-2020 respectively. 5. No proper documents/evidence is provided to us by the management for Bills Receivable (note 5.00). Note No. 5: Bills Receivable BDT 57,028,823 and BDT 41,043,550 as on 30 June 2020-2021 and 30 June 2019-2020 respectively. 6.No proper documents/evidence is provided to us by the management for Advance, (cont.6)
The first part of this announcement is missing from the archive. - (Continuation news of APEXWEAV): Deposit and Prepayments (note 6.00). Note No. 6: Advance, Deposit and Prepayments BDT 3
(Continuation news of APEXWEAV): Deposit and Prepayments (note 6.00). Note No. 6: Advance, Deposit and Prepayments BDT 32,140,318 and BDT 27,969,680 as on 30 June 2020-2021 and 30 June 2019-2020 respectively. 7. No proper documents/evidence is provided to us by the management for Trade Creditors (note 1 1.00). Note No. 11: Trade Creditors BDT 195,829,722 and BDT 198,429,556 as on 30 June 2020-2021 and 30 June 2019-2020 respectively. (cont.7)
The first part of this announcement is missing from the archive. - (Continuation news of APEXWEAV): 8. No proper documents/evidence is provided to us by the management for L/C Liabilities
(Continuation news of APEXWEAV): 8. No proper documents/evidence is provided to us by the management for L/C Liabilities (note 12.00) Note No. 12: L/C Liabilities BDT 35,838,749 and BDT 24,477,630 as on 30 June 2020-2021 and 30 June 2019- 2020 respectively. 9. No proper documents/evidence is provided to us by the management for Sundry Creditors (other than Gas Bill) (note 13.00). Note No. 13: Sundry Creditors BDT 41,251,141 and BDT 33,356,850 as on 30 June 2020-2021 (cont.8)
The first part of this announcement is missing from the archive. - (Continuation news of APEXWEAV): and 30 June 2019-2020 respectively. (Excluding gas bills) 10. No proper documents/evide
(Continuation news of APEXWEAV): and 30 June 2019-2020 respectively. (Excluding gas bills) 10. No proper documents/evidence is provided to us by the management for Bank Interest Payable (note 14.00). Note no. 14: Bank Interest Payable BDT 87,812,914 and BDT 87,812,914 as on 30 June 2020-2021 and 30 June 2019-2020 respectively. 11. The Company has shown an amount of Tk. 23,944,774 as Unclaimed Dividend (note14.00). (cont.9)
The first part of this announcement is missing from the archive. - (Continuation news of APEXWEAV): Separate bank account was not maintained by the company and there is a shortfall in cas
(Continuation news of APEXWEAV): Separate bank account was not maintained by the company and there is a shortfall in cash to pay off the unpaid amount. The amount of unclaimed dividend of Tk. 23,944,774 is not segregated year wise and with details claimants BO A/C as per BSEC directive no. BSEC/CMRRCD/2021-386/03 dated 14 January 2021. Emphasis of Matter: In forming our opinion, other than the above matters described in the basis of qualified opinion paragraph, (cont.10)
The first part of this announcement is missing from the archive. - (Continuation news of APEXWEAV): we have considered the adequacy of the disclosure in the financial statements in light
(Continuation news of APEXWEAV): we have considered the adequacy of the disclosure in the financial statements in light of which we would like to draw the attention of the users of these financial statements on the below matters- a) The Company exported and imported their product through their related party named Home Textile Ltd. as per agreement dated 15 November, 2012 between the two companies. (cont.11)
The first part of this announcement is missing from the archive. - (Continuation news of APEXWEAV): b) During the year the company utilized only 16.73\% production capacity due to breakdo
(Continuation news of APEXWEAV): b) During the year the company utilized only 16.73\% production capacity due to breakdown of Plant & Machinery and non-availability of banking facilities for working capital. c) The net assets value per share has been reduced by BDT 4.52 per share at the yearend 30 June 2021 in comparison with the last year\'s financial statements. (end)
The first part of this announcement is missing from the archive. - The Board of Directors has recommended No dividend for the year ended on June 30, 2021. Date of AGM: 23.12.2021, Time: 1
The Board of Directors has recommended No dividend for the year ended on June 30, 2021. Date of AGM: 23.12.2021, Time: 11:00 AM, Venue: Digital Platform. Record date: 25.11.2021. The Company has also reported EPS of Tk. (4.52), NAV per share of Tk. (16.11) and NOCFPS of Tk. (3.05) for the year ended on June 30, 2021 as against Tk. (1.30), Tk. (11.59) and Tk. (1.65) respectively for the same period of the previous year.
- There will be no price limit on the trading of the shares of the Company today (31.10.2021) for following its corporate
There will be no price limit on the trading of the shares of the Company today (31.10.2021) for following its corporate declaration.
- As per Regulation 17(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting
As per Regulation 17(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 30, 2021 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- Trading of the shares of Apex Weaving and Finishing Mills Limited will commence from September 30, 2021 under SME Platfo
Trading of the shares of Apex Weaving and Finishing Mills Limited will commence from September 30, 2021 under SME Platform of DSE. DSE Trading Code for Apex Weaving and Finishing Mills Limited is "APEXWEAV" and DSE Company Code is 77001. (cont.)
- (Q3 Un-audited): EPS was Tk. (0.41) for January-March 2021 as against Tk. (0.82) for January-March 2020; EPS was Tk. (0.
(Q3 Un-audited): EPS was Tk. (0.41) for January-March 2021 as against Tk. (0.82) for January-March 2020; EPS was Tk. (0.57) for July 2020-March 2021 as against Tk. (0.91) for July 2019-March 2020. NOCFPS was Tk. 0.17 for July 2020-March 2021 as against Tk. 0.67 for July 2019-March 2020. (cont.)
- Q3 Financials
(Continuation news of APEXWEAV): NAV per share with revaluation surplus was Tk. 62.58 as on 31 March 2021 and Tk. (11.59) as 30 on June 2020 and NAV per share without revaluation surplus would be Tk. (25.42) as on 31 March 2021 and Tk. (24.85) as on 30 June 2020. (end)
The first part of this announcement is missing from the archive. - Prohibition on providing loan facilities to purchase securities
DSE NEWS: The Stock Brokers, Merchant Bankers and Portfolio Managers are requested to abstain from providing loan facilities to purchase securities of Apex Weaving and Finishing Mills Limited in between 1st to 30th trading day starting from today i.e. September 30, 2021 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- Trading of shares in the SME Market
(Continuation news of APEXWEAV): The following conditions will be applicable for the trading of the shares of this Company: 1. The Reference Price shall be the last close price of the Company traded at OTC Market i.e. Tk. 12.00 dated 26.09.2021; 2. The Circuit Breaker and Circuit Filter (Price Limit) shall remain operative from the first trading day at DSE SME Platform. (end)
The first part of this announcement is missing from the archive.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.