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 2017 (27).
- Agreement signed with BREB
With reference to their earlier news (Disseminated by DSE on 08.11.2017) regarding receiving "Notification of Award (NOA)" from Bangladesh Rural Electrification Board (BREB); the Company has further informed that BBS Cables Limited has now signed an agreement with Bangladesh Rural Electrification Board (BREB) under "Distribution Network Expansion for 100% Rural Electrification project. Other information related to the project is as announced earlier. (cont.) (Continuation news of BBS): Bangladesh Building Systems Ltd. holds 16.67% stake of BBS Cables Limited which will eventually have a prospective impact on the profitability of the Company after the completion of the job. (end)
- Resumption after record date
Trading of the shares of the Company will resume on 19.11.2017 after record date.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.60 for July-September, 2017 as against Tk. 0.75 for July-September, 2016; NOCFPS was Tk. (0.08) for July-September, 2017 as against Tk. 1.27 for July-September, 2016. NAV per share was Tk. 16.55 as on September 30, 2017 and Tk. 15.95 as on June 30, 2017.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 16.11.2017.
- 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 14.11.2017 to 15.11.2017. Trading of the shares of the Company will remain suspended on record date i.e., 16.11.2017.
- 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 14, 2017 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.
- BBS Cables Ltd. received Notification of Award from BREB
The Company has informed that BBS Cables Ltd. has received "Notification of Award (NOA)" from Bangladesh Rural Electrification Board (BREB) under "Distribution Network Expansion for 100% Rural Electrification (Dhaka, Mymensing, Chittagong & Sylhet Divisions)" projects for the supply of Conductor, ACSR, Bare (Total=20,220 km) for the total amounting of Tk. 112,91,20,260.00. The NOA will be effective upon signing the contract within 28 days. (cont.) (Continuation news of BBS): The letter of intimation will be submitted after signing of the contract. The goods will have to be delivered within four months from the date of signing of the contract. The Company holds 16.67% stake of BBS Cables Ltd. which will eventually have a prospective impact on the profitability of the Company after the completion of the jobs. (end)
- Dividend Declaration
The Board of Directors has recommended 5% cash dividend and 10% stock dividend for the year ended on June 30, 2017. Date of AGM: 12.12.2017, Time: 4:00 PM, Venue: Factory Premises, Jaina Bazar, Telehati, Sreepur, Gazipur. Record date: 16.11.2017. The Company has also reported EPS of Tk. 2.92, NAV per share of Tk. 15.95 and NOCFPS of Tk. 0.64 for the year ended on June 30, 2017 as against Tk. 2.15, Tk. 13.35 and Tk. 1.74 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 (26.10.2017) 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 October 25, 2017 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
- Agreement Signed between BBS Cables and BBS Cables (unit-2)
The Company has informed that the Board of Directors of BBS Cables (Unit-2) Ltd. and BBS Cables Limited have decided and entered into ink sign an agreement for using the goodwill (Logo/Trademarks/Patents) of BBS Cables Ltd., its expertise in marketing, procurement, management, purchase & commercial activities, clearance of all imports from Chittagong/Benapole etc. In this connection, BBS Cables (Unit-2) Ltd. will pay approximately Tk. 96.00 Lac (Tk. 1,600X6,000 MT) per year as service fee to (cont.) (Continuation news of BBS): BBS Cables Ltd. Furthermore, the production capacity of BBS Cables (Unit-2) Ltd. will be 6,000 MT (approx) per year and the commercial production of the BBS Cables (Unit-2) Ltd. will be started by December, 2018. The validity of this agreement is up to June 30, 2025. Bangladesh Building Systems Limited holds 16.66% stake of BBS Cables Ltd. which will eventually have a prospective impact on the profitability of the Company. (end)
- Two Agreements Signed with BREB
The Company has informed that it has ink signed into two agreements under the same package with Bangladesh Rural Electrification Board (BREB), (The project Director, Rural Electrification Expansion Rajshahi-Rangpur Division Program-II), for supplying Conductor, ACSR, Bare Cables, for a total amounting of Tk. 98,74,05,935.00 (Tk. 47,94,22,335.00 and Tk. 50,79,83,600.00 respectively). (cont.) (Continuation news of BBS): The goods will have to be delivered within four months from the date of signing. Bangladesh Building Systems Ltd. holds 16.33% stake of BBS Cables Ltd. which will eventually have a prospective impact on the profitability of the Company after the completion of the Jobs. (end)
- Address Change of Investor Relation Department
The Company has informed that the Investor Relation Department of the Company will be shifted from House # 09, Road #04, Banani, Dhaka-1213 to new address at Homestead Gulshan Link Tower (2nd floor), Ta-99, Gulshan-Badda Link Road, Middle Badda, Dhaka-1212 with effect from August 01, 2017.
- 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, 2016, unaudited financials up to March 31, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Sale confirmation of a Sponsor Director
Mr. Mohammad Badrul Hassan, one of the Sponsors & Directors of the Company, has further reported he has completed his sale of 5,00,000 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange as announced earlier.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.95 for January-March, 2017 as against Tk. 0.73 for January-March, 2016; EPS was Tk. 2.33 for July, 2016-March, 2017 as against Tk. 1.83 for July, 2015-March, 2016. NOCFPS was Tk. 0.70 for July, 2016-March, 2017 as against Tk. 0.96 for July, 2015-March, 2016. NAV per share was Tk. 15.36 as of March 31, 2017 and Tk. 13.35 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 13, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.
- Sale Confirmation of two Directors
Engr. Hasan Morshed Chowdhury and Mohammad Ruhul Majid, both are Directors of the Company, have further reported that they have completed their sale of 3,40,000 shares and 3,20,000 shares respectively at prevailing market price through Stock Exchange, as announced earlier.
- Sale confirmation of a Sponsor Director
Engr. Abu Noman Howlader, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of 6,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale confirmation of a Director
Md. Ashraf Ali Khan, one of the Directors of the Company, has further reported that he has completed his sale of 5,00,000 shares of the Company at prevailing market price through Stock Exchange, as announced earlier.
- Sale declaration of a Sponsor Director
Mohammad Badrul Hassan, one of the Sponsors & Directors of the Company, has expressed his intention to sell 5,00,000 shares out of his total holding of 87,20,910 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange within next 30 working days.
- Sale declaration of a Sponsor Director
Engr. Abu Noman Howlader, one of the Sponsors/ Directors of the Company, has expressed his intention to sell 6,00,000 shares out of his total holding of 1,09,54,919 shares at prevailing market price (in the Public Market) through Stock Exchange within next 30 working days.
- Sale declaration
Md. Ashraf Ali Khan, one of the Directors of the Company, has expressed his intention to sell 5,00,000 shares out of his total holding of 93,72,132 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange within next 30 working days.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.63 for October-December, 2016 as against Tk. 0.61(restated) for October-December, 2015; EPS was Tk. 1.37 for July-December, 2016 as against Tk. 1.10 (restated) for July-December, 2015. NOCFPS was Tk. 0.30 for July-December, 2016 as against Tk. 0.35 for July-December, 2015. NAV per share was Tk. 14.72 as of December 31, 2016 and Tk. 13.35 as of June 30, 2016.
- Reschedule of Board Meeting schedule under LR 16(1)
The Company has further informed that the meeting will now be held on January 29, 2017 at 5:00 PM instead of January 28, 2017 to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2016.
- Cash Dividend Disbursement
The Company has informed that it has disbursed cash dividend (Excluding Sponsors) for the year ended on June 30, 2016 to the respective shareholders' bank accounts through BEFTN system. Cash dividend warrants have also been disbursed through courier service.
- Dividend Disbursement
The Company has informed that it has credited Bonus share for the year ended on June 30, 2016 to the respective shareholders' BO Accounts on January 18, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.