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 2021 (19).
- Appointment of the Managing Director
The Company has informed that the Board of Directors has appointed Mr. S. M. Hemayet Uddin as the Managing Director of the Company with effect from December 21, 2021.
- Resumption after record date
Trading of the shares of the Company will resume on 21.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.
- 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 from 16.11.2021 to 17.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.
- The auditor of the Aziz Pipes Ltd has given the \"Qualified Opinion\" & \"Emphasis of matters\" paragraphs in the Audito
The auditor of the Aziz Pipes Ltd has given the \"Qualified Opinion\" & \"Emphasis of matters\" paragraphs in the Auditor\'s Report for the year ended on 30 June, 2021. Basis for Qualified Opinion: 1.Purchases amount differs with VAT return which is disclosed in note no. 29.02 of the financial statements. Note 29.02: Purchase during the year is Tk. 48,119,607 as per books of accounts. But the same is Tk.73,907,134 as per VAT Return (Mushak-9.1) (cont.1)
- (Continuation news of AZIZPIPES): The difference comes due to keep consistency with the Form: Mushak- 4.3 (Input-output
(Continuation news of AZIZPIPES): The difference comes due to keep consistency with the Form: Mushak- 4.3 (Input-output coefficient declaration) of the suppliers. The payments were made as per books of accounts purchases. 2. As per BSEC notification no. BSEC/CMRRCD/2009-193/217/Admin/90, dated May 21, 2019 \"all sponsors and directors other than independent directors of a company listed with stock exchange minimum 30\% shares of paid up capital of the company\" (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of AZIZPIPES): but the sponsor and director of Aziz Pipes Limited holds only 23.93\% of shares of the
(Continuation news of AZIZPIPES): but the sponsor and director of Aziz Pipes Limited holds only 23.93\% of shares of the company. Emphasis of Matters: 1. We refer to the note no. 39(C) the equity of the company is negative consecutively and Debt service & Interest service ratio is low. Due to liquidity and raw materials crisis the company has achieved production capacity utilization up to 11.21\% only. (cont.3)
The first part of this announcement is missing from the archive. - Qualified Opinion & Emphasis of matters
(Continuation news of AZIZPIPES): 2. We refer to the note no. 14 (Term Loan), 22.01 (Short Term Loan) and 19 (Block Loan Account) of the financial statements regarding court cases of those loans. (end)
The first part of this announcement is missing from the archive. - Announcing the closure of factory production activities
The Company has informed that lack of working capital, complexity with bank loans, financial crisis and liable loan, raw material crisis and lack of reserves, etc. under the circumstances, the factory's production activities were declared closed by the Board of Directors from November 08, 2021 until the situation becomes normal and favorable.
- Dividend Declaration
The Board of Directors has recommended No dividend for the year ended on June 30, 2021. Date of AGM: 14.12.2021, Time: 11:00 AM, Venue: Digital Platform. Record Date: 18.11.2021. The Company has also reported EPS of Tk. (0.82), NAV per share of Tk. (15.09) and NOCFPS of Tk. 0.14 for the year ended on June 30, 2021 as against Tk. 0.26, Tk. (14.22) and Tk. 8.02 respectively for the same period of the previous year.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (1.33) for July-September, 2021 as against Tk. (0.07) for July-September, 2020. NOCFPS was Tk. (1.41) for July-September, 2021 as against Tk. 0.43 for July-September, 2020. NAV per share was Tk. (16.41) as on September 30, 2021 and Tk. (15.09) as on June 30, 2021.
- 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 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 October 28, 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.
- 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.
- Resumption of Production Activities
Referred to the earlier news disseminated on 11.01.2021 regarding Decision to temporarily shutdown of production activities, The Company has further informed that the Board of Directors of the Company has decided to resume their production activities from October 01, 2021.
- Elected of the Chairman
The Company has informed that Ms. Hasina Akhter has been appointed as the Chairman of the Company with effect from August 19, 2021.
- Q3 Financials
(cont. of AZIZPIPES): EPS decreased due to decrease in turnover and for shutdown of production activities. NOCFPS decreased due to increase in suppliers payment and decrease in collection of sales proceeds. (end)
The first part of this announcement is missing from the archive. - 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 2:35 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
- Q2 Financials
(Continuation news of AZIZPIPES): EPS decreased due to reduced Turnover and also increase COGS compared to last year NOCFPS decreased due to increase in suppliers ' payment as compared to last year. (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.