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 2022 (21).
- Resumption after record date
Trading of the shares of the Company will resume on 22.11.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2022.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 17.11.2022 to 20.11.2022. Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2022.
- The auditor of the Bangladesh Autocars Ltd. has given the \"Qualified Opinion\" & \"Other Matter\" paragraphs in the Aud
The auditor of the Bangladesh Autocars Ltd. has given the \"Qualified Opinion\" & \"Other Matter\" paragraphs in the Auditor\'s Report for the year ended 30 June, 2022. Basis for Qualified Opinion: 1. The company has refund claim of Tk. 1,070,772 dated: 28.11.2007 and 22.08.2008 to taxation authority for VAT deducted at import stage. The said claim was not responded by the government authority since then. This long outstanding should be written off in the face of statement of profit or loss (cont.1)
- (Continuation news of BDAUTOCA): as the chance of recoverability of said claim is remote. 2. In view of our audit, we ob
(Continuation news of BDAUTOCA): as the chance of recoverability of said claim is remote. 2. In view of our audit, we observed that the financial statements is excessively carrying of Tk. 1,695,974 and Tk.183,631 respect of Advance Income Tax (note no. 5.02) and advance against capital expenditure respectively. The Advance Income Tax and advance against capital expenditure should be written off further by TK. 1,879,605. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of BDAUTOCA): 3. If the observation raised in SL no. 1 to 2 in Basis of Qualified Opinion Paragraph i
(Continuation news of BDAUTOCA): 3. If the observation raised in SL no. 1 to 2 in Basis of Qualified Opinion Paragraph is correctly accounted for in these financial statements for the year June 30, 2022, then Net Asset Value (NAV) and profit at the year-end will be reduced by Tk. 2,950,377. Consequently, the NAV and EPS per share shall be reduced by Tk.0.68. Other Matter Paragraphs: 1. As per labor act 2006, sec-234, the company must have to pay WPPF liability within 09 months form the (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of BDAUTOCA): accounting year end. The balance of unpaid WPPF stood of taka 2,954,648 at the year end
(Continuation news of BDAUTOCA): accounting year end. The balance of unpaid WPPF stood of taka 2,954,648 at the year end, out of which taka 933,956 is maintained in separate Bank account no: 23089 with Pubali Bank Limited. 2. During our audit we did not obtain third party confirmation in all respect. 3. According to the directive of BSEC no. BESC/CMRRCD/2021-386/03 dated: January 2021, the company have to kept unclaimed dividend in separate bank account and transfer (cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of BDAUTOCA): the unclaimed dividend to the Capital Market Stabilization Fund (CMSF) which is unpaid
(Continuation news of BDAUTOCA): the unclaimed dividend to the Capital Market Stabilization Fund (CMSF) which is unpaid consecutive three years. In our observation, we found that the unclaimed dividend is older than three years of was not transferred to CMSF. (cont.5)
The first part of this announcement is missing from the archive. - Qualified Opinion & Other Matter
(Continuation news of BDAUTOCA): As per guide line of said directive unclaimed dividend taka 4,344,489 (out of which taka 2,159,268 is belong to the directors) should maintain in separate bank account, but current balance of the bank account (designated for the dividend) is maintained taka 1,148,691. (end)
The first part of this announcement is missing from the archive. - Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.29 for July-September 2022 as against Tk. 0.12 for July-September 2021; NOCFPS was Tk. 0.17 for July-September 2022 as against Tk. 0.15 for July-September 2021. NAV per share was Tk. 7.36 as on September 30, 2022 and Tk. 7.06 as on June 30, 2021.
- 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, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the company for the First Quarter (Q1) period ended September 30, 2022.
- The Board of Directors has recommended 4\% Cash dividend for the general shareholders (other than Sponsors and Directors
The Board of Directors has recommended 4\% Cash dividend for the general shareholders (other than Sponsors and Directors) for the year ended June 30, 2022. Total paid up number of shares are 43,26,013 and General Shareholders hold 30,25,766 shares and Sponsor Shareholders and Directors hold 13,00,247 shares (except independent Directors). Cash dividend payable to the general shareholders is Tk. 12,10,307.00. (cont.)
- Dividend Declaration
(Cont. of BDAUTOCA): Date of AGM: 28.12.2022, Time: 12:00 PM, Venue: Digital Platform. Record Date: 21.11.2022. The Company has reported EPS of Tk. 0.49, NAV per share of Tk. 7.06 and NOCFPS of Tk. 1.61 for the year ended June 30, 2022 as against Tk. 0.37, Tk. 6.85 and Tk. 2.05 respectively for the same period of the previous year. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.10.2022) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
- 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 29, 2022 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.
- Regarding Dividend Compliance Report
The Company did not send Dividend Compliance Report as per Regulation-29 of the DSE (Listing) Regulations, 2015 in connection with disbursement of the declared dividend. However, DSE has issued query letter to the company for sending the dividend compliance report accordingly.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.19 for January-March 2022 as against Tk. 0.06 for January-March 2021; EPS was Tk. 0.44 for July 2021-March 2022 as against Tk. 0.31 for July 2020-March 2021. NOCFPS was Tk. 1.00 for July 2021-March 2022 as against Tk. 1.42 for July 2020-March 2021. NAV per share was Tk. 7.02 as on March 31, 2022 and Tk. 6.85 as on June 30, 2021.
- 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, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.14 for October-December 2021 as against Tk. 0.15 for October-December 2020; EPS was Tk. 0.26 for July-December 2021 as against Tk. 0.25 for July-December 2020. NOCFPS was Tk. 0.68 for July-December 2021 as against Tk. 1.24 for July-December 2020. NAV per share was Tk. 6.83 as on December 31, 2021 and Tk. 6.85 as on June 30, 2021.
- 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 30, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.