Baraka Power Limited announcements
202 Dhaka Stock Exchange announcements for Baraka Power Limited (BARKAPOWER) since 2015: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (17).
- Resumption after record date
Trading of the shares of the Company will resume on 20.11.2016 after record date.
- Suspension for record date
Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2016.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.93 for July-September, 2016 as against Tk. 0.89 for July-September, 2015; Consolidated NOCFPS was Tk. (0.79) for July-September, 2016 as against Tk. 3.35 for July-September, 2015. Consolidated NAV per share was Tk. 20.79 as of September 30, 2016 and Tk. 19.86 as of September 30, 2015.
- Spot for AGM
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 15.11.2016 to 16.11.2016. Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2016.
- Board Meeting
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 14, 2016 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2016.
- Furnishing 12 digit e-TIN
The Company has requested the shareholders to update their 12 Digits e-TIN number, Address & Mobile Number to avoid deducting Advance Income Tax (AIT) 15% instead of 10% as per amendment Income Tax Ordinance, 1984 under Section 54 and also Brokerage Houses are also requested to provide the statement with the details (shareholder's name, BO ID number, client-wise shareholding position, gross dividend receivable, applicable tax rate and net dividend receivable) of their margin loan holders, as on record date, to the Company's share office on or before 08.12.2016. The Brokerage Houses are also requested to provide their bank account name and number, routing number etc.
- Dividend Declaration
The Board of Directors has recommended 15% cash dividend and 5% stock dividend for the year ended on June 30, 2016. Date of AGM: 22.12.2016, Time: 12:00 noon, Venue: Rose View Hotel, Shahjalal Uposhohor, Sylhet. Record date: 17.11.2016. The Company has also reported EPS of Tk. 2.65, NAV per share of Tk. 19.86 and NOCFPS of Tk. 5.08 for the year ended on June 30, 2016 as against Tk. 2.56, Tk. 19.39 and Tk. 5.76 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 (30.10.2016) following its corporate declaration.
- Board Meeting
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 27, 2016 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2016.
- Decision for land procurement
The Company has informed that the Board of Directors has passed a resolution to purchase 79.33 decimals land at Mouja, Kochuabohor, Fenchugonj, Sylhet at a total cost of Tk. 77,10,000.00 only (excluding registration fees and other cost) for company's future use.
- Rejection of IPO
With reference to their earlier news disseminated by DSE on February 03, 2016 regarding the IPO application of Baraka Patenga Power Limited, a subsidiary of Baraka Power Limited, the Company has further informed that BSEC has rejected their IPO application for Issuance of 15,000,000 Ordinary shares of Tk. 10.00 each.
- Q3 Financials
Consolidated EPS was Tk. 0.78 for January-March, 2016 as against Tk. 0.71 for January-March, 2015; Consolidated EPS was Tk. 2.39 for July, 2015-March, 2016 as against Tk. 2.08 for July, 2014-March, 2015. Consolidated NOCFPS was Tk. 4.73 for July, 2015-March, 2016 as against Tk. 2.56 for July, 2014-March, 2015. Consolidated NAV per share was Tk. 19.60 as of March 31, 2016 and Tk. 19.39 as of June 30, 2015.
- Board Meeting
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 26, 2016 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2016.
- Revised increasing Paid up capital of a subsidiary company
With reference to the earlier news disseminated by DSE on the 4th June 2015 the Company has further informed that their Board of Directors has resolved to approve the decision of the Board of Directors of Baraka Patenga Power Limited, being 51% subsidiary of Baraka Power Limited, to increase its paid up capital from existing Tk. 94.50 crore to Tk. 109.50 crore by issuing 1,50,00,000 ordinary shares instead of increasing to Tk. 120.00 crore by issuing 25,500,000 ordinary shares which was earlier decided at par under fixed price method subject to consent of Regulatory Authorities. After IPO, the shareholding percentage of Baraka power Limited in Baraka Patenga Power Limited will come down to around 44% from 51%. Therefore Baraka Patenga Power Limited will be considered as associate Company of Baraka Power Limited rather than a Subsidiary Company.
- Q2 Financials
Consolidated EPS was Tk. 0.72 for October-December, 2015 as against Tk. 0.66 for October-December, 2014; Consolidated EPS was Tk. 1.61 for July-December, 2015 as against Tk. 1.41 for July-December, 2014. Consolidated NOCFPS was Tk. 4.49 for July-December, 2015 as against Tk. (0.27) for July-December, 2014. Consolidated NAV per share was Tk. 21.13 as of December 31, 2015 and Tk. 19.39 as of June 30, 2015.
- Board Meeting
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 January 28, 2016 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2015.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on June 30, 2015 to the respective shareholders' BO Account on January 13, 2016 and it will disburse cash dividend and sale proceeds of fractional shares through BEFTN.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.