Atlas Bangladesh Limited announcements
269 Dhaka Stock Exchange announcements for Atlas Bangladesh Limited (ATLASBANG) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (13).
- Emphasis of Matter
(Emphasis of Matter): The auditor of the company has given the following ''Emphasis of Matter'' Paragraph in the audit report of the company for the year ended on 30 June 2017: Emphasis of Matter: Without qualifying our opinion, we draw attention to the following matters: 1. The Company incurred substantial amount of loss during two consecutive years. The management of the company explained in the ''note no # 2(a) ii'' to the financial statements how they will continue in operational (cont.1) (Continuation news of ATLASBANG): The current credit facilities and resources of the company provides sufficient fund to meet the present requirements of its existing business. Moreover, they believe that the company has adequate resources to continue in operation in the foreseeable future. For these reasons the directors continue to adopt going concern basis in preparing the Financial Statements. (end) (Continuation news of ATLASBANG): After the engagement of Distribution and Technical Assistance Agreement with Chongquing Zongshen Group I/E Corp, China ABL started the business with a new brand ZONGSHEN-ATLAS and is trying to capture the motorcycle market but the current year sales of the new brand did not increase as our expectation from the financial year 2015-16. The directors of the company expect better performance in the foreseeable future. (cont. 3) (Continuation news of ATLASBANG): existence for the foreseeable future. Note -2(a) ii: Going Concern: The company had an agreement with Hero Honda Motors Limited to assemble and market ''Hero Honda'' brand motor cycle. Due to separation of business relation with Hero Honda Motors Limited in 2013 raw material was not imported from Hero Honda and there was no production of Hero Honda during the financial year 2014-2015. (cont.2)
- Resumption after record date
Trading of the shares of the Company will resume on 28.11.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 27.11.2017.
- 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 23.11.2017 to 26.11.2017. Trading of the shares of the Company will remain suspended on record date i.e., 27.11.2017.
- Dividend Declaration
The Board of Directors has recommended 2% cash and 10% stock dividend for the year ended on June 30, 2017. Date of AGM: 21.12.2017, Time: 11:00 AM, Venue: Factory premises of the Company, 265-267 Tongi I/A, Gazipur. Record date: 27.11.2017. The Company has also reported EPS of Tk. (2.63), NAV per share of Tk. 165.00 and NOCFPS of Tk. (3.94) for the year ended on June 30, 2017 as against Tk. (1.19), Tk. 177.00 and Tk. (7.01) 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 (07.11.2017) following its corporate declaration.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (0.72) for July-September, 2017 as against Tk. (0.66) for July-September, 2016; NOCFPS was Tk. 0.46 for July-September, 2017 as against Tk. (0.79) for July-September, 2016. NAV per share was Tk. 164.00 as on September 30, 2017 and Tk. 165.00 as on June 30, 2017.
- 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 06, 2017 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
- 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 06, 2017 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, 2017.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. (0.21) for January-March, 2017 as against Tk. (0.38) for January-March, 2016; EPS was Tk. (1.71) for July, 2016-March, 2017 as against Tk. (1.29) for July, 2015-March, 2016. NOCFPS was Tk. (4.51) for July, 2016-March, 2017 as against Tk. (6.50) for July, 2015-March, 2016. NAV per share was Tk. 166.00 as of March 31, 2017 and Tk. 168.00 as of June 30, 2016.
- 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 10, 2017 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. (0.84) for October-December, 2016 as against Tk. (0.20) (restated) for October-December, 2015; EPS was Tk. (1.50) for July-December, 2016 as against Tk. (0.91) (restated) for July-December, 2015. NOCFPS was Tk. (3.45) for July-December, 2016 as against Tk. (6.84) (restated) for July-December, 2015. NAV per share was Tk. 166.00 as of December 31, 2016 and Tk. 168.00 (restated) as of June 30, 2016.
- Dividend Disbursement
The Company has informed that it has credited Bonus shares for the year ended on June 30, 2016 to the respective shareholders' BO Accounts on January 09, 2017. The Cash dividend warrant has also been disbursed.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.