Bangladesh Building Systems PLC. announcements
194 Dhaka Stock Exchange announcements for Bangladesh Building Systems PLC. (BBS) since 2014: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (17).
- Recognition of additional production capacity
The Company has informed that the Board of Directors has recognized the additional production capacity of 5,875 MT per year effective from December 2015. The overall capacity now stands to 29,375 MT (23,500 MT +5,875 MT). This Capacity is increased through BMRE (Balancing, Modernization, Reconstruction and Expansion) initiatives taken by the company earlier.
- Q1 Financials
(Q1 Un-audited): EPS for July-September, 2015 was Tk. 0.65 as against Tk. 0.64 for July-September, 2014; NOCFPS was Tk. 0.26 for July-September, 2015 as against Tk. (2.36) for July-September, 2014. NAV per share was Tk. 15.43 as of September 30, 2015 and Tk. 14.78 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 November 14, 2015 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, 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 Accounts on November 02, 2015.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has rated the Company as "A+" in the long term and "ST-3" in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2015, unaudited financials up to September 30, 2015 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Revised price approval for Issuance of Rights Share
With reference to their earlier news (disseminated by DSE on 30.08.2015) regarding, among others, Issuance of Rights Shares of the Company, the Company has further informed that the shareholders in the EGM have approved the agenda of Rights Shares issue (1 right share against existing 2 shares held) at the price of Tk. 15.00 per share (with Tk. 5.00 premium) instead of BoardÂs earlier proposal for issuance of rights shares at a price of Tk. 20.00 each (with Tk. 10.00 premium), subject to approval of BSEC.
- Investment in Shares of BBS Cables Ltd.
The Company has informed that the Board of Directors of the Company has decided to invest in the shares of BBS Cables Ltd. for the amount of Tk. 20.00 crore for 2 crore shares at par subject to the approval of the Shareholders in the AGM.
- Resumption News after Record Date for EGM & AGM
Normal trading of the shares of the Company will resume on 21.09.2015 after record date for EGM and AGM. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.
- Suspension News for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 20.09.2015 for EGM and AGM. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.
- Spot News for EGM and 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 16.09.2015 to 17.09.2015. Trading of the shares of the Company will remain suspended on record date i.e., 20.09.2015 for EGM and AGM. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.
- Dividend , Rights Declaration & increase of Authorized Capital
The Board of Directors has recommended 20% stock dividend for the year ended on June 30, 2015. The Board has also decided to increase the Authorized Capital of the Company from Tk. 150.00 crore to Tk. 500.00 crore subject to the approval by the shareholders in EGM. The Board has also decided to issue rights share @ 1R:2 at an issue price of Tk. 20.00 (including share premium of Tk. 10.00 per share) on paid up capital after considering bonus shares subject to the approval by the shareholders in the EGM and the Regulatory Authorities. The purpose of the Rights Issue would be business expansion through diversification of product line and for working capital and repayment of outstanding loan. Date of EGM & AGM: 15.10.2015, Time of AGM and EGM: 10:00 AM and 10:45 AM respectively, Venue: Trust Milonayaton, 545 Old Airport Road Tejgaon, Dhaka-1206. Record date for EGM & AGM: 20.09.2015.Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC. The Company has also reported net profit of Tk. 245.97 million, EPS of Tk. 2.79, NAV per share of Tk. 14.78 and NOCFPS of Tk. 0.02 for the year ended on June 30, 2015 as against Tk. 226.68 million, Tk. 2.57, Tk. 14.90 and Tk. 1.57 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 (30.08.2015) following its corporate declaration.
- 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 August 27, 2015 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2015.
- Q3 Financials
Net Profit after tax from Jan15 to March15 was Tk. 68.65 million with EPS of Tk. 0.79 as against Tk. 59.39 million and Tk. 0.67 respectively for the same period of the previous year. Whereas Net Profit after tax from July14 to March15 was Tk. 179.95 million with EPS of Tk. 2.04 as against Tk. 166.64 million and Tk. 1.89 respectively for the same period of the previous year.
- H/Y
Net profit after tax from July14 to Dec14 was Tk. 111.30 million with EPS of Tk. 1.26 as against Tk. 107.25 million and Tk. 1.21 respectively for the same period of the previous year. Whereas Net profit after tax from Oct14 to Dec14 was Tk. 54.99 million with EPS of Tk. 0.62 as against Tk. 53.66 million and Tk. 0.61 respectively for the same period of the previous year.
- signed an agreement with VIYELLATEX Group
The Company has informed that it has signed an agreement with VIYELLATEX Group. Under this agreement, the Company will construct the 1st phase project of Viyellatex Spinning Mill-2. The project is situated at Mulaid, Shreepur, Gazipur and the Contract value is BDT 610.00 million.
- DSE queary
In response to a DSE query dated January 14, 2015, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.