Argon Denims Limited announcements
223 Dhaka Stock Exchange announcements for Argon Denims Limited (ARGONDENIM) since 2013: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2014 (22).
- Q3 Earnings
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported net profit after tax of Tk. 71.14 million with EPS of Tk. 0.86 as against Tk. 65.17 million and Tk. 0.79 (restated) respectively for the same period of the previous year. Whereas net profit after tax was Tk. 234.86 million with EPS of Tk. 2.84 for the period of nine months (Jan'14 to Sep'14) ended on 30.09.2014 as against Tk. 179.73 million and Tk. 2.17 (restated) respectively for the same period of the previous year.
- H/Y Earnings
(H/Y): As per un-audited half yearly accounts as on 30.06.2014 (Jan'14 to June'14), the Company has reported net profit after tax of Tk. 159.47 million with EPS of Tk. 1.93 as against Tk. 110.63 million and Tk. 1.34 (restated) respectively for the same period of the previous year. Whereas net profit after tax was Tk. 72.10 million with EPS of Tk. 0.87 for the period of 3 months (Apr'14 to June'14) ended on 30.06.2014 as against Tk. 61.29 million and Tk. 0.74 (restated) respectively for the same period of the previous year.
- The Company has informed that it has credited the Bonus shares for the year ended on December 31, 2013 to the respective
The Company has informed that it has credited the Bonus shares for the year ended on December 31, 2013 to the respective shareholders' BO Accounts. Cash Dividend for the year 2013 has been credited through BEFTN.
- (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Compan
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported net profit after tax of Tk. 83.25 million with basic EPS of Tk. 1.16 as against Tk. 45.16 million and Tk. 0.63 respectively for the same period of the previous year. However, considering bonus share @ 15% for the year 2013, restated basic EPS is Tk. 1.01 as on 31.03.2014 and Tk. 0.55 as on 31.03.2013.
- emphasis of matter
Auditor of the company has given the following emphasis of matter in the audit report of the company for the year ended on 31 December 2013: "without qualifying our opinion above, we draw attention to note 36.1 (a, b, c & d), where management explanation though circumstantial but deserves due corrective action to avoid future repletion. Note 36.1 Observations on IPO Fund Utilization: a) We observed over adjustment of short term loan from IPO proceeds beyond the prospectus amount. We observed excess payment of IPO related expenses. c) Liabilities from IPO fund found adjusted against bridge finance and short term loan earlier undisclosed in the prospectus. d) We also observed that significant amount was made to various suppliers and contractors against purchase of construction materials from IPO proceeds for expansion project in cash instead of cheque.
- (Emphasis of matter) Auditor of the company has given the following emphasis of matter in the audit report of the compan
(Emphasis of matter) Auditor of the company has given the following emphasis of matter in the audit report of the company for the year ended on 31 December 2013: "without qualifying our opinion above, we draw attention to note 36.1 (a, b, c & d), where management explanation though circumstantial but deserves due corrective action to avoid future repletion. Note 36.1 Observations on IPO Fund Utilization:a) We observed over adjustment of short term loan from IPO proceeds beyond the prospectus amount. (cont.1)
- (Continuation of news of ARGONDENIM): b) We observed excess payment of IPO related expenses. c) Liabilities from IPO fun
(Continuation of news of ARGONDENIM): b) We observed excess payment of IPO related expenses. c) Liabilities from IPO fund found adjusted against bridge finance and short term loan earlier undisclosed in the prospectus. d) We also observed that significant amount was made to various suppliers and contractors against purchase of construction materials from IPO proceeds for expansion project in cash instead of cheque. " (End)
The first part of this announcement is missing from the archive. - The Company has sent minutes of its 3rd EGM held on April 24, 2014 to DSE, from which it has been revealed that the shar
The Company has sent minutes of its 3rd EGM held on April 24, 2014 to DSE, from which it has been revealed that the shareholders of the Company have resolved as a special resolution that the authorized capital of the Company be increased from Tk. 100.00 crore to Tk. 150.00 crore as well as necessary amendments shall be made to Clause V of the Memorandum of Association and Article 5 of the Articles of Association of the Company.
- Credit Rating
Credit Rating Information and Services Limited (CRISL) has rated the Company as "A" in the long term and "ST-3" in the short term in consideration of financials of the Company up to December 31, 2013 (audited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Credit Rating Information and Services Limited (CRISL) has rated the Company as "A" in the long term and "ST-3" in the s
Credit Rating Information and Services Limited (CRISL) has rated the Company as "A" in the long term and "ST-3" in the short term in consideration of financials of the Company up to December 31, 2013 (audited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Normal trading of the shares of the Company will resume on 13.04.2014 after record date.
Normal trading of the shares of the Company will resume on 13.04.2014 after record date.
- The Company has further informed that due to unavoidable circumstances, the 3rd EGM of the Company will now be held on A
The Company has further informed that due to unavoidable circumstances, the 3rd EGM of the Company will now be held on April 24, 2014 at 10:00 AM at Greentech Resort & Convention Center (GRCC), Bhabanipur, Gazipur instead of April 15, 2014. Other information of the EGM will remain unchanged
- Trading of the shares of the Company will remain suspended on record date i.e., 10.04.2014.
Trading of the shares of the Company will remain suspended on record date i.e., 10.04.2014.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be
Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 07.04.2014 to 09.04.2014. Trading of the shares of the Company will remain suspended on record date i.e., 10.04.2014.
- The Board of Directors has recommended 6% cash dividend and15% stock dividend for the year ended on December 31, 2013. D
The Board of Directors has recommended 6% cash dividend and15% stock dividend for the year ended on December 31, 2013. Date of AGM:24.04.2014, Time: 11:00 AM, Venue: Greentech Resort & Convention Center,Bhabanipur, Gazipur. Record date: 10.04.2014. The Company has alsoreported net profit after tax of Tk. 226.84 million, EPS of Tk. 3.15, NAVper Share of Tk. 27.66 and NOCFPS of Tk. 1.28 for the year ended onDecember 31, 2013.
- There will be no price limit on the trading of the shares of the Company today (03.04.2014) following its corporate decl
There will be no price limit on the trading of the shares of the Company today (03.04.2014) following its corporate declaration.
- As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on April 02, 2014 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2013.
- Normal trading of the shares of the Company will resume on 30.03.2014 after record date for EGM only.
Normal trading of the shares of the Company will resume on 30.03.2014 after record date for EGM only.
- Trading of the shares of the Company will remain suspended on record date i.e., 27.03.2014 for EGM only. Another record
Trading of the shares of the Company will remain suspended on record date i.e., 27.03.2014 for EGM only. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be
Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle from 23.03.2014 to 25.03.2014. Trading of the shares of the Company will remain suspended on record date i.e., 27.03.2014 for EGM only. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.
- The Company has informed that the Board of Directors of the Company has recommended for raising paid up capital by issui
The Company has informed that the Board of Directors of the Company has recommended for raising paid up capital by issuing Rights Share @ 3R:10 (i.e. 3 Rights shares for every 10 shares) of Tk. 10.00 each at an issue price of Tk. 22.00 each (including premium of Tk. 12.00 each) on paid up capital subject to approval of EGM and the Regulatory Authorities. Date of EGM: 15.04.2014, Time: 11:00 AM, Venue of the EGM will be notified later. Record Date for EGM: 27.03.2014. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.
- There will be no price limit on the trading of the shares of the Company today (04.02.2014) following its corporate decl
There will be no price limit on the trading of the shares of the Company today (04.02.2014) following its corporate declaration.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.