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 2018 (22).
- Signing Agreement by BBSCABLES regarding confirmation of sales contract
Referring to their earlier news disseminated on 24.10.2018 regarding receiving Notification of Award (NOA) from BPDB by BBS Cables Limited, the Company has further informed that BBS Cables Limited has ink signed an agreement on November 29, 2018 under Project Director, Power Distribution System Development Project, Mymensingh Zone The supply of AAC WASP Insulated Conductor-6,745-Km for total amount of (cont.) (Continuation news of BBS): Tk. 59,28,85,500.00 only. The goods will have to be delivered within 210 days from the date of signing the contract. Bangladesh Building Systems Ltd. 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)
- Resumption after record date
Trading of the shares of the Company will resume on 22.11.2018 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2018.
- 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 18.11.2018 to 19.11.2018. Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2018.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.65 for July-September 2018 as against Tk. 0.54 for July-September 2017; NOCFPS was Tk. 0.17 for July-September 2018 as against Tk. (0.07) for July-September 2017. NAV per share was Tk. 16.62 as on September 30, 2018 and Tk. 15.97 as on June 30, 2018.
- Decision to Purchase Land
The Company has informed that the Board of Directors has decided to purchase 48.09 decimal land with the value of Tk. 63.20 Lac contiguous to the Factory Premises of the Company (Telehati, Sreepur, Gazipur) for future expansion of the Project.
- 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 12, 2018 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, 2018.
- Dividend Declaration
The Board of Directors has recommended 10% stock dividend for the year ended on June 30, 2018. Date of AGM: 23.12.2018, Time: 12:00 Noon, Venue: Factory Premises, Jaina Bazar, Telehate, Sreepur, Gazipur. Record date for AGM: 20.11.2018. The Company has also reported EPS of Tk. 1.93, NAV per share of Tk. 15.97 and NOCFPS of Tk. 2.25 for the year ended on June 30, 2018 as against Tk. 2.65 (restated), Tk. 14.50 (restated) and Tk. 0.58 (restated) 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 (25.10.2018) following its corporate declaration.
- Notification of Award (NOA) Received from BPDB by BBS Cables Limited
The Company has informed that BBS Cables Limited has received "Notification of Award (NOA)" from BPDB under "Lot-1 to Lot-5 under project Director, Power Distribution System Development Project, Mymensingh Zone". The supply of AAC WASP Insulated Conductor-6,745 Km for total amount of Tk. 59,28,85,500.00. (Cont.) (Continuation news of BBS): The NOA will be effective upon signing the contract within 28 days. The letter of intimation will be submitted after signing of the contract. Bangladesh Building Systems Ltd. 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)
- Board Meeting schedule under LR 16(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 24, 2018 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Appointment of Managing Director and Chairman of the Company
The Company has informed that the Board of Directors has been appointed Engr. Hasan Morshed Chowdhury as the Managing Director and Engr. Md. Abu Noman Howlader has been elected as the Chairman of the Company, with effect from September 15, 2018.
- Agreement signed by BBS Cables Limited with BREB
The Company has informed that BBS Cables Ltd. has ink signed an agreement with Bangladesh Rural Electrification Board (BREB) under "Distribution Network Expansion for 100% Rural Electrification (Dhaka, Mymensingh, Chittagong & Sylhet Divisions)" projects for the supply of Conductor, Insulated 600V (D-11=23000 KM, D-12=900 KM, D-14=342 KM, Total=24,242 KM) for the total amounting of Tk. 93,60,69,180.00 only. (cont.) (Continuation news of BBS): The goods will have to be delivered within 4 months from the date of signing of the contract. The NOA of this contract was received on June 27, 2018 and the contract has been executed on July 24, 2018. Bangladesh Building Systems Ltd. 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 job. (end)
- Receiving Notification of Award (NOA) of BBS Cables Limited from BREB
The Company has informed that BBS Cables Limited has received a "Notification of Award (NOA)" from BREB under "Distribution Network Expansion for 100% Rural Electrification (Dhaka, Mymensingh, Chittagong & Sylhet Divisions)" projects for the supply of Conductor, Insulated 600V (D-11 = 23000 Km, D-12 = 900 Km, D-14 = 342 Km i.e Total = 24,242 Km.) (cont.) (Continuation news of BBS): for the total amount of Tk. 93,60,69,180.00. The NOA will be effective upon signing the contract within 28 days. The letter of intimation will be submitted after signing the contract. The goods will have to be delivered within 4 months from the date of signing the contract. Bangladesh Building Systems Ltd. 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)
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.56 for January-March 2018 as against Tk. 0.87 for January-March 2017; EPS was Tk. 1.57 for July 2017-March 2018 as against Tk. 2.12 for July 2016-March 2017. NOCFPS was Tk. (0.41) for July 2017-March 2018 as against Tk. 0.03 for July 2016-March 2017. NAV per share was Tk. 15.62 as on March 31, 2018 and Tk. 14.50 as on June 30, 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 April 25, 2018 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.
- Sales contract confirmation of BBSCABLES of 2 NOA from BPDB
Referring to their earlier news (disseminated by DSE on 08.03.2018), The Company has further informed that the BBS Cables Ltd. has signed two agreements with Bangladesh Power Development Board (BPDB) on April 04, 2018 under the same package of Bangladesh Power Development Board (BPDB) (cont. 1) (Continuation news of BBS): for a total amount of Tk. 8,05,50,569.00 (Tk. 3,67,24,686.00 & Tk. 4,38,25,883.00 respectively). The goods will have to be delivered within 7 months from the date of signing the contract. Bangladesh Building Systems Limited 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) (Continuation news of BBS): (The Director, Directorate of Purchase, Bangladesh Power Development Board (BPDB), WAPDA Building, Motijheel, Dhaka for the Store of Three Hilly District "BPDB" at Khagrachory/Rangamati/Bandorban Project), for supplying 603.31 Km Guy Wire and AAC Ant (Insulated) Conductor respectively, (cont. 2)
- BBS Cables Ltd. received Notification of Award from BPDB
The Company has informed that BBS Cables Ltd. has received two "Notification of Award (NOA)" from Bangladesh Power Development Board BPDB under the same package with Bangladesh Power Development Board (BPDB) (The Director, Directorate of Purchase, Bangladesh Power Development Board (BPDB), WAPDA Building, Motijheel, Dhaka for the store of Three Hilly District "BPDB" at Khagrachory/Rangamati/Bandorban Project) for supplying 603.31 Km Guy Wire and AAC Ant (Insulated) Conductor (cont.) (Continuation news of BBS): respectively, for a total amounting of Tk. 8,05,50,569.00. (Tk. 3,67,24,686 and 4,38,25,883.00 respectively). The goods will have to be delivered within Seven months from the date of signing. The letter of intimation will be submitted after signing of the contract. Bangladesh Building Systems Ltd. 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)
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.46 for October-December, 2017 as against Tk. 0.57 for October-December, 2016; EPS was Tk. 1.01 for July-December, 2017 as against Tk. 1.25 for July-December, 2016. NOCFPS was Tk. (0.45) for July-December, 2017 as against Tk. 0.27 for July-December, 2016. NAV per share was Tk. 15.05 as on December 31, 2017 and Tk. 14.50 as on June 30, 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 January 28, 2018 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend and sale proceeds of fractional Bonus shares to the shareholders' Bank Accounts through BEFTN. Furthermore, The Company has also distributed the Cash Dividend Warrants through courier service to the Shareholders' mailing address.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on June 30, 2017 to the respective shareholders' BO Accounts on January 01, 2018. Cash dividend will be credited in due course.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.