Bangladesh Autocars Limited announcements
292 Dhaka Stock Exchange announcements for Bangladesh Autocars Limited (BDAUTOCA) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (16).
- Enquiry Committee formation by BSEC
Bangladesh Securities and Exchange Commission (BSEC) has formed an enquiry committee to investigate into unusual price increase in shares of Bangladesh Autocars Limited in the Stock Exchanges (BSEC Order No. BSEC/Surveillance/2010-0713/772 dated December 22, 2016).
- Observation
The auditor of the company has given the following 'Observation' paragraph in the audit report of the company prepared for the year ended on 30 June 2016. Observation: 1. The financial statements of the Company contained aggregated balance of Tk. 4,422,064 (net) which consist of namely Preliminary Expenses, Deferred Revenue Expenditure, Un-allocated Expenditure and others ( including some liabilities), should be written off to comply with the requirement of Bangladesh Accounting Standard (BAS). The board of directors decided, subjected to the approval of shareholders at forthcoming AGM, to write off the above balance. 2. The Company is not yet to recognize deferred tax in the financial statements.
- Resumption after record date
Trading of the shares of the Company will resume on 20.11.2016 after record date.
- Q1 Financials
EPS was Tk. (0.03) for July-September, 2016 as against Tk. 0.28 for July-September, 2015; NOCFPS was Tk. 2.10 for July-September, 2016 as against Tk. 2.83 for July-September, 2015. NAV per share was Tk. 5.29 as of September 30, 2016 and Tk. 6.48 as of June 30, 2016.
- Suspension for record date
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 15, 2016 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, 2016.
- 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 06.11.2016 to 16.11.2016. Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2016.
- Dividend Declaration
The Board of Directors has recommended 3% stock dividend for the year ended on June 30, 2016. Date of AGM: 15.12.2016, Time: 11:00 AM, Venue: 110 Tejgaon I/A, Dhaka. Record date: 17.11.2016. The Company has also reported EPS of Tk. 0.406, NAV per share of Tk. 6.48 and NOCFPS of Tk. 2.68 for the year ended on June 30, 2016. The Board has also recommended to discontinue Unit-1 and all Assets & Liability of Unit-1 (if any) transferred to Unit-3, and (ii) The Board has further recommended that some of items in the books of Accounts of the Company such as Preliminary expense, deferred revenue expenditure, Un-allocated expenditure, Advance for dies and gigs mfg, Advance to Bangladesh Oxygen Ltd. Security deposite BGIC, Security deposit BOC Ltd. Earnest money, Customs debenture to be adjected or written off as per Act in Bangladesh, after confirmation by the shareholder in the AGM
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (31.10.2016) 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 30, 2016 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2016.
- Query Response (Repeat)
(Repeat): In response to a DSE query dated August 24, 2016, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Query Response
In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Q3 Financials
EPS was Tk. 0.12 for January-March, 2016 as against Tk. 0.07 for January-March, 2015; EPS was Tk. 0.25 for July, 2015-March, 2016 as against Tk. 0.14 for July, 2014-March, 2015. NOCFPS was Tk. 3.81 for July, 2015-March, 2016 as against Tk. 3.25 for July, 2014-March, 2015. NAV per share was Tk. 6.33 as of March 31, 2016 and Tk. 6.08 as of June 30, 2015. Accumulated profit/(loss) of the Company was Tk. (29.88) million as on 31.03.2016.
- 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 April 27, 2016 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, 2016.
- Q2 Financials
EPS was Tk. (0.19) for Oct.-Dec., 2015 as against Tk. 0.02 for Oct.-Dec., 2014; EPS was Tk. 0.12 for July-December, 2015 as against Tk. 0.07 for July-December, 2014. NOCFPS was Tk. 3.38 for July-December, 2015 as against Tk. 3.63 for July-December, 2014. NAV per share was Tk. 6.21 as of December 31, 2015 and Tk. 6.08 as of June 30, 2015. Accumulated profit/(loss) of the Company was Tk. (30.31) million as on 31.12.2015.
- 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 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2015.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.