Aziz Pipes Limited announcements
320 Dhaka Stock Exchange announcements for Aziz Pipes Limited (AZIZPIPES) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2012 (21).
- Q3 Earnings
As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2012 (July'12 to Sep'12), the Company has reported net profit/(loss) after tax of Tk. (0.63) million with EPS of Tk. (0.13) as against Tk. (3.57) million and Tk. (0.74) respectively for the same period of the previous year. Whereas net profit/(loss) after tax was Tk. 2.53 million with EPS of Tk. 0.52 for the period of nine months (Jan'12 to Sep'12) ended on 30.09.2012 as against Tk. (2.71) million and Tk. (0.56) respectively for the same period of the previous year. Accumulated profit/ (loss) of the Company was Tk. (434.72) million as on 30.09.2012 resulting total shareholders' equity stands at Tk. (195.74) million. <p class="MsoNormal"><o:p></o:p>
- (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2012 (July'12 to Sep'12), the Com
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2012 (July'12 to Sep'12), the Company has reported net profit/(loss) after tax of Tk. (0.63) million with EPS of Tk. (0.13) as against Tk. (3.57) million and Tk. (0.74) respectively for the same period of the previous year. Whereas net profit/(loss) after tax was Tk. 2.53 million with EPS of Tk. 0.52 for the period of nine months (Jan'12 to Sep'12) ended on 30.09.2012 as against Tk. (2.71) million and Tk. (0.56) respectively for the same period of the previous year. Accumulated profit/ (loss) of the Company was Tk. (434.72) million as on 30.09.2012 resulting total shareholders' equity stands at Tk. (195.74) million.
- (H/Y): As per un-audited half yearly accounts as on 30.06.12 (Jan'12 to June'12), the Company has reported net profit af
(H/Y): As per un-audited half yearly accounts as on 30.06.12 (Jan'12 to June'12), the Company has reported net profit after tax of Tk. 3.15 million with EPS of Tk. 0.65 as against Tk. 0.51 million and Tk. 0.11 respectively for the same period of the previous year. Whereas net profit/(loss) after tax was Tk. 0.03 million with EPS of Tk. 0.01 for the period of 3 months (Apr'12 to June'12) ended on 30.06.12 as against Tk. (0.45) million and Tk. (0.09) respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (434.10) million as on 30.06.12 resulting total shareholders' equity stands at Tk. (195.12) million.
- Normal trading of the shares of the Company will resume on 21.05.2012 after record date.
Normal trading of the shares of the Company will resume on 21.05.2012 after record date.
- - Auditors' Observation...
(Auditors' Observation): "Kazi Zahir Khan & Co.", Auditor of the company, has opined the following in the audit report of the company for the year ended on 31st December 2011: " (1) Utilization of Production Capacity: During the year, average total utilization capacity of 6 units is only 32.81% in comparison with 39.35% in 2010, which is lower than last year. Due to decrease of production capacity, the Company incurred a net loss amounting to Tk. 47,86,595. In our opinion, production capacity must be utilized at the optimum level to strengthen the financial position of the Company." (Cont.-1)
- - Continuation of news of AZIZPIPES...
(Continuation of news of AZIZPIPES): "Note -14 states that Short Term Loan: TK. 57,200,000: This amount represents conversion of short term loan (cash credit hypothecation / pledge) into segregated and blocked term loan A/C by Uttara Bank Ltd., Corporate Branch. As per understanding given by the bank this segregated amount will not attract any interest and as such has been treated accordingly by the Company." "Note -15 states that Cash Credit: TK. 359,535,025: Cash credits are availed from the following Banks and are secured against hypothecation of Fixed & Floating assets i.e. on Raw materials, (cont.-3)
The first part of this announcement is missing from the archive. - - Continuation of news of AZIZPIPES....
(Continuation of news of AZIZPIPES): (2) "Loan Fund: The Company has continuously been defaulting in payment of installments against short-term loan and cash credit from Uttara Bank Ltd. and Dutch Bangla Bank Ltd. which included in Note-14&15. In case of National Bank Ltd., the Company deposited down payment amounting to Tk. 1.82 crore for re-scheduling purpose. The Company is under process of negotiation for restructuring with those Financial Institutions. The Company and Uttara Bank Ltd., Dutch Bangla Bank Ltd. and National Bank Ltd. have gone into litigation to mitigate their respective grievances and such no interest has been charged during the year against those loans." (cont.-2)
The first part of this announcement is missing from the archive. - Trading of the shares of the Company will remain suspended on record date i.e., 20.05.2012.
Trading of the shares of the Company will remain suspended on record date i.e., 20.05.2012.
- (Continuation of news of AZIZPIPES): Work-in-process stores & spares and also personal guarantee of all Directors of the
(Continuation of news of AZIZPIPES): Work-in-process stores & spares and also personal guarantee of all Directors of the Company. Uttara Bank Ltd. amounting to Tk. 174,264,454, National Bank Ltd. amounting to Tk. 69,819,803 and Dutch Bangla Bank Ltd.amounting to Tk. 115,450,768 total amounting to Tk. 359,535,025. All the above Banks have filled cases against the Company for realization of their outstanding loans which is still against the above banks for correction of accounts as well as compensation for the lapses of the Banks in providing funds timely unsettled. The company also filled cases against the above banks for correction of accounts as well as compensation for lapses of the Banks in providing funds timely. (cont.-4)
The first part of this announcement is missing from the archive. - (Continuation of news of AZIZPIPES): Since filling of the cases against the Company, the Banks neither charged any inter
(Continuation of news of AZIZPIPES): Since filling of the cases against the Company, the Banks neither charged any interest nor sent any demand from note/statement of interest for the period from 01-01-2011 to 31-12-2011 to the Company. In view of the above, interest has not been shown in the Company's accounts for the said period." (end).
The first part of this announcement is missing from the archive. - (Continuation of news of AZIZPIPES): (2) "Loan Fund: The Company has continuously been defaulting in payment of installm
(Continuation of news of AZIZPIPES): (2) "Loan Fund: The Company has continuously been defaulting in payment of installments against short-term loan and cash credit from Uttara Bank Ltd. and Dutch Bangla Bank Ltd. which included in Note-14&15. In case of National Bank Ltd., the Company deposited down payment amounting to Tk. 1.82 crore for re-scheduling purpose. The Company is under process of negotiation for restructuring with those Financial Institutions. The Company and Uttara Bank Ltd., Dutch Bangla Bank Ltd. and National Bank Ltd. have gone into litigation to mitigate their respective grievances and such no interest has been charged during the year against those loans." (cont.-2)
The first part of this announcement is missing from the archive. - (Continuation of news of AZIZPIPES): "Note -14 states that Short Term Loan: TK. 57,200,000: This amount represents conve
(Continuation of news of AZIZPIPES): "Note -14 states that Short Term Loan: TK. 57,200,000: This amount represents conversion of short term loan (cash credit hypothecation / pledge) into segregated and blocked term loan A/C by Uttara Bank Ltd., Corporate Branch. As per understanding given by the bank this segregated amount will not attract any interest and as such has been treated accordingly by the Company." "Note -15 states that Cash Credit: TK. 359,535,025: Cash credits are availed from the following Banks and are secured against hypothecation of Fixed & Floating assets i.e. on Raw materials, (cont.-3)
The first part of this announcement is missing from the archive. - (Auditors' Observation): "Kazi Zahir Khan & Co.", Auditor of the company, has opined the following in the audit report o
(Auditors' Observation): "Kazi Zahir Khan & Co.", Auditor of the company, has opined the following in the audit report of the company for the year ended on 31st December 2011: " (1) Utilization of Production Capacity: During the year, average total utilization capacity of 6 units is only 32.81% in comparison with 39.35% in 2010, which is lower than last year. Due to decrease of production capacity, the Company incurred a net loss amounting to Tk. 47,86,595. In our opinion, production capacity must be utilized at the optimum level to strengthen the financial position of the Company." (Cont.-1)
- Mr. Mohammed Abdul Halim, one of the Sponsors/Directors of the Company, has further reported that he has completed his b
Mr. Mohammed Abdul Halim, one of the Sponsors/Directors of the Company, has further reported that he has completed his buy of 75,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- 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 07.05.2012 to 17.05.2012. Trading of the shares of the Company will remain suspended on record date i.e., 20.05.2012.
- Mr. Mohammed Abdul Halim, one of the Sponsors/Directors of the Company, has expressed his intention to buy 75,000 shares
Mr. Mohammed Abdul Halim, one of the Sponsors/Directors of the Company, has expressed his intention to buy 75,000 shares in addition to his current holding of 23,270 shares of the Company at prevailing market price through Stock Exchange within 21st May, 2012 in compliance with SEC Notification dated November 22, 2011.
- (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2012 (Jan'12 to March'12), the Compan
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2012 (Jan'12 to March'12), the Company has reported net profit after tax of Tk. 3.12 million with EPS of Tk. 0.64 as against Tk. 0.96 million and Tk. 0.20 respectively for the same period of the previous year. Accumulated profit/ (loss) of the Company was Tk. (434.13) million as on 31.03.12 resulting total shareholders' equity stands at Tk. (195.15) million.
- The Board of Directors did not recommend any dividend for the year ended on December 31, 2011. Date of AGM: 27.06.2012,
The Board of Directors did not recommend any dividend for the year ended on December 31, 2011. Date of AGM: 27.06.2012, Time: 10:00 AM, Venue: Trust Milonayatan, 545, Old Airport Road, Dhaka Cantonment, Dhaka. Record Date: 20.05.2012. The Company has also reported EPS of Tk. (0.99), NAV per share of Tk. (40.88) and NOCFPS of Tk. 2.90 for the year ended on December 31, 2011 as against Tk. 0.72, Tk. (38.35) and Tk. 9.91 respectively for the year ended on December 31, 2010.
- There will be no price limit on the trading of the shares of the Company today (29.04.2012) following its corporate decl
There will be no price limit on the trading of the shares of the Company today (29.04.2012) following its corporate declaration.
- The Company has further informed that due to unavoidable circumstances, the meeting of Board of Directors of the Company
The Company has further informed that due to unavoidable circumstances, the meeting of Board of Directors of the Company scheduled to be held on April 29, 2012 will now be held on April 28, 2012 at 3:00 p.m. to consider, among others, audited financial statements of the Company for the year ended on December 31, 2011.
- As per regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of Board of Directors of the Co
As per regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of Board of Directors of the Company will be held on April 29, 2012 at 3:00 p.m. to consider, among others, audited financial statements of the Company for the year ended on December 31, 2011.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.