BBS Cables PLC. announcements
162 Dhaka Stock Exchange announcements for BBS Cables PLC. (BBSCABLES) since 2017: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2018 (25).
- Signing Agreement 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 they have 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 Tk. 59,28,85,500.00 only. The goods will have to be delivered within 210 days from the date of signing the contract.
- Resumption after record date
Trading of the shares of the Company will resume on 19.11.2018 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2018.
- 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 14.11.2018 to 15.11.2018. Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2018.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 3.06 for July-September 2018 as against Tk. 1.57 for July-September 2017; NOCFPS was Tk. 2.88 for July-September 2018 as against Tk. 1.81 for July-September 2017. NAV per share was Tk. 27.37 as on September 30, 2018 and Tk. 24.31 as on June 30, 2018.
- 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 08, 2018 at 5:00 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% cash and 15% stock dividend for the year ended on June 30, 2018. Date of AGM: 23.12.2018, Time: 10:00 AM, Venue: Factory Premises, Jaina Bazar, Telehate, Sreepur, Gazipur. Record date: 18.11.2018. The Company has also reported EPS of Tk. 8.08, NAV per share of Tk. 24.31 and NOCFPS of Tk. 3.03 for the year ended on June 30, 2018 as against Tk. 3.44 (Re-Stated), Tk. 19.17 and Tk. 5.33 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 (24.10.2018) following its corporate declaration.
- Notification of Award (NOA) Received from BPDB
The Company has informed that it 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. The NOA will be effective upon signing the contract within 28 days. The letter of intimation will be submitted after signing of the contract.
- 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 23, 2018 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Query Response
In response to a DSE query dated August 13, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.
- Agreement signed 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 (cont.) (Continuation news of BBSCABLES): total amounting of Tk. 93,60,69,180.00 only. 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. (end)
- Receiving Notification of Award (NOA) from BREB
The Company has informed that they have 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 BBSCABLES): 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. (end)
- Ink signed agreement with BREB
With reference to the earlier news disseminated by DSE on 10.06.2018 regarding receiving Notification of Award (NOA) from BREB the Company has further informed that it has ink signed an agreement with BREB for supply of Conductor which mentioned earlier.
- Receiving Notification of Award (NOA) from BREB
The Company has informed that they have received a "Notification of Award (NOA)" from BREB for supply of Conductor (Bare) (D-1=600Km, D-2=200Km, D-3=200Km, D-4=50Km, D-5=60Km, D-6=60Km, D-28=230Km i.e Total=2100Km.) the package No.SDP-G-56, Sub-Package No. Lot-1 under "Rural Electrification Program in Sylhet Division and Infrastructure Development of BREB Headquarter" with the Contract Price of Tk. 15,41,10,860.00. (cont.) (Continuation news of BBSCABLES): The Contract will be signed within 28 days from the date of receiving NOA. The goods will have to be delivered within Four Months from the date of contract signing, the letter of intimation will be submitted after signing of the contract. (end)
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 2.31 for January-March 2018 as against Tk. 0.86 for January-March 2017; EPS was Tk. 5.84 for July 2017-March 2018 as against Tk. 2.34 for July 2016-March 2017. NOCFPS was Tk. 0.50 for July 2017-March,= 2018 as against Tk. 4.53 for July 2016-March 2017. NAV per share was Tk. 22.08 as on March 31, 2018 and Tk. 19.17 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 21, 2018 at 5:00 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 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) (The Director, Directorate of Purchase, Bangladesh Power Development Board (BPDB), WAPDA Building, Motijheel, Dhaka (cont.) (Continuation news of BBSCABLES): 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, 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 of the contract. (end)
- Received Two Notification of Award (NOA) from BPDB
The Company has informed that the Company has received two "Notification of Award (NOA)" from 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 (cont.) (Continuation news of BBSCABLES): Three Hilly District "BPDB" at Khagrachory/Rangamati/Bandorban Project) for supplying 603.31 Km Guy Wire and AAC Ant (Insulated) Conductor, 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. (end)
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 2.16 for October-December, 2017 as against Tk. 0.83 for October-December, 2016; EPS was Tk. 3.53 for July-December, 2017 as against Tk. 1.47 for July-December, 2016. NOCFPS was Tk. 3.15 for July-December, 2017 as against Tk. 3.35 for July-December, 2016. NAV per share was Tk. 19.76 as on December 31, 2017 and Tk. 19.17 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 23, 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.
- Category Change
The Company will be placed in 'A' category from existing 'N' category with effect from January 18, 2018 as the Company has reported disbursement of 5% cash and 15% stock dividend for the year ended on June 30, 2017.
- Prohibition on providing loan facilities to purchase securities
DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of BBS Cables Limited in between 1st to 30th trading day after change of categorization, starting from January 18, 2018 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- 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.
- Credit Rating Result
National Credit Ratings Limited (NCR) has announced the Surveillance Rating of the Company as "A+" in the long term and "ST-2" in the short term along with a stable outlook based on audited financial statements of the Company as on June 30, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.