DSE:BDWELDING

Bangladesh Welding Electrodes Ltd. announcements

317 Dhaka Stock Exchange announcements for Bangladesh Welding Electrodes Ltd. (BDWELDING) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2010 (36).

  1. In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the com

    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.

  2. The company has informed the following: "This is for the information of honorable share holders and others that the Secu

    The company has informed the following: "This is for the information of honorable share holders and others that the Securities and Exchange Commission has regretted its inability to accord consent to issue of Rights shares of Bangladesh Welding Electrodes Ltd. as one of the ICB nominated Director is a bank loan defaulter as informed by Bangladesh Bank. It may be mentioned here that the said loan default issue is neither related to this company nor related to the concerned Director personally".

  3. SEC has regretted its inability to accord consent to issue Rights shares of Bangladesh Welding Electrodes Ltd. as Ms. Di

    SEC has regretted its inability to accord consent to issue Rights shares of Bangladesh Welding Electrodes Ltd. as Ms. Dina Ahsan, one of the Directors of the company, is a loan defaulter as informed by Bangladesh Bank.

  4. (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2010 (July'10 to Sep'10), the com

    (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2010 (July'10 to Sep'10), the company has reported net profit/(loss) after tax of Tk. 1.27 million with EPS of Tk. 0.11 as against Tk. (2.48) million and Tk. (0.21) (restated) respectively for the same period of the previous year. Whereas net profit after tax was Tk. 13.64 million with EPS of Tk. 1.14 for the period of nine months (Jan'10 to Sep'10) ended on 30.09.10 as against Tk. 3.82 million and Tk. 0.32 (restated) respectively for the same period of the previous year.

  5. Referring to price sensitive information disseminated on April 24, 2010 regarding import of a Welding Electrodes Manufac

    Referring to price sensitive information disseminated on April 24, 2010 regarding import of a Welding Electrodes Manufacturing Plant from China, the company has further informed that the said Welding Electrode Plant imported from China has been commissioned successfully and a trial run has been given on October 26, 2010. Commercial production of the plant is expected from December 2010 on receipt of the imported raw materials for the plant and enhancement of electric load sanctioned earlier.

  6. SEC has issued show cause cum hearing notice to the Company, its Directors, Managing Director and Company Secretary for

    SEC has issued show cause cum hearing notice to the Company, its Directors, Managing Director and Company Secretary for violation of the section 18 of the Securities and Exchange Ordinance, 1969 by publishing wrong information.

  7. In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the com

    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.

  8. Mr. S.M. Nurull Islam, Mr. S.M. Rashedul Islam and Mrs. Jharna Yasmin, all are Sponsors/Directors of the Company, has fu

    Mr. S.M. Nurull Islam, Mr. S.M. Rashedul Islam and Mrs. Jharna Yasmin, all are Sponsors/Directors of the Company, has further reported that they have completed their sale of 1,50,000, 15,000 and 33,975 shares respectively at prevailing market price through Stock Exchange as announced earlier.

  9. In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the com

    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.

  10. Mr. S.M. Nurull Islam, one of the Sponsors/Directors of the Company, has reported his intention to sell 1,50,000 shares

    Mr. S.M. Nurull Islam, one of the Sponsors/Directors of the Company, has reported his intention to sell 1,50,000 shares (Bonus Shares) out of his total holdings of 9,00,000 shares of the company at prevailing market price through Stock Exchange within next 30 working days.

  11. The company will be placed in "A" category from existing "B" category with effect from 12.08.10 as the company reported

    The company will be placed in "A" category from existing "B" category with effect from 12.08.10 as the company reported disbursement of stock dividend @ 15% for the year 2009.

  12. DSE NEWS: The Stock Brokers and Merchant Bankers are requested not to provide loan facilities to purchase shares of Bang

    DSE NEWS: The Stock Brokers and Merchant Bankers are requested not to provide loan facilities to purchase shares of Bangladesh Welding Electrodes Ltd. between 1st to 30th trading day after change of categorization of the said security i.e. starting from 12.08.2010 as per SEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009 and SEC Order No. SEC/CMRRCD/2001-50/167 dated October 01, 2009.

  13. Mr. S.M. Rashedul Islam and Mrs. Jharna Yasmin, both are Directors of the Company, have reported their intention to sell

    Mr. S.M. Rashedul Islam and Mrs. Jharna Yasmin, both are Directors of the Company, have reported their intention to sell 15,000 and 33,975 shares out of their total holdings of 1,15,000 and 1,33,975 shares respectively at prevailing market price through Stock Exchange within next 30 working days.

  14. (continuation of news of BDWELDING): Whereas net profit after tax was Tk. 6.15 million with basic EPS of Tk. 0.59 for th

    (continuation of news of BDWELDING): Whereas net profit after tax was Tk. 6.15 million with basic EPS of Tk. 0.59 for the period of 3 months (Apr' 10 to June' 10) ended on 30.06.10 as against Tk. 3.16 million and Tk. 0.30 respectively for the same period of the previous year. However, considering bonus share @ 15% for the year 2009, diluted EPS is Tk. 0.51 as on 30.06.10 and Tk. 0.26 (restated) as on 30.06.09.

    The first part of this announcement is missing from the archive.
  15. As per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), the company has reported net profit after t

    As per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), the company has reported net profit after tax of Tk. 10.62 million with basic EPS of Tk. 1.02 as against Tk. 6.30 million and Tk. 0.61 respectively for the same period of the previous year. However, considering bonus share @ 15% for the year 2009, diluted EPS is Tk. 0.89 as on 30.06.10 and Tk.0.53 (restated) as on 30.06.09. (continue)

  16. Normal trading of the shares of the company will resume on 15.07.10 after record date for EGM. Another record date for e

    Normal trading of the shares of the company will resume on 15.07.10 after record date for EGM. Another record date for entitlement of the proposed rights share to be notified later after obtaining approval from SEC.

  17. Trading of the shares of the company will remain suspended on record date i.e. 14.07.10 for EGM. Another record date for

    Trading of the shares of the company will remain suspended on record date i.e. 14.07.10 for EGM. Another record date for entitlement of the proposed rights share to be notified later after obtaining approval from SEC.

  18. Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be

    Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle from 11.07.10 to 13.07.10. Trading of the shares of the company will remain suspended on record date i.e. 14.07.10 for EGM. Another record date for entitlement of the proposed rights share to be notified later after obtaining approval from SEC.

  19. There will be no price limit on the trading of the shares of the company today (05.07.10) following its corporate declar

    There will be no price limit on the trading of the shares of the company today (05.07.10) following its corporate declaration.

  20. The Board of Directors has recommended to issue Rights shares @ 2R:1 (i.e. two rights shares against one existing share)

    The Board of Directors has recommended to issue Rights shares @ 2R:1 (i.e. two rights shares against one existing share) of Tk. 10.00 each at par subject to the approval of the shareholders in the EGM and concerned Authorities. The Board has also decided to raise the Authorized Capital of the company from Tk. 15.00 crore to Tk. 50.00 crore and to amend the Memorandum and Articles of Association of the company to accommodate the changes subject to the approval of the Regulatory Authorities. Date of EGM: 05.08.10, Time: 11:30 AM, Venue: Institution of Engineers, Bangladesh, Ramna, Dhaka. Record date for EGM: 14.07.10. Another record date for entitlement of the proposed rights share to be notified later after obtaining approval from SEC.

  21. Mr. S.M. Nurul Islam, one of the Sponsors/Directors of the Company, has further reported that he has completed his trans

    Mr. S.M. Nurul Islam, one of the Sponsors/Directors of the Company, has further reported that he has completed his transfer of total 2,50,000 (2,00,000+50,000) shares of the company to his Daughter Ms. Nusrat Shamme and his Son Mr. S.M. Rizvi by way of gift outside the trading system of the Exchange as announced earlier.

  22. Mr. S.M. Nurul Islam, one of the Sponsors/Directors of the Company, has reported his intention to transfer total 2,50,00

    Mr. S.M. Nurul Islam, one of the Sponsors/Directors of the Company, has reported his intention to transfer total 2,50,000 (2,00,000+50,000) shares out of his total holdings of 10,00,000 shares of the company to his Daughter Ms. Nusrat Shamme (2,00,000 shares) and his Son Mr. S.M. Rizvi (50,000 shares) by way of gift outside the trading system of the Exchange within next 30 working days.

  23. Trading of the shares of the company will resume in demat form on 31.05.10 as announced earlier.

    Trading of the shares of the company will resume in demat form on 31.05.10 as announced earlier.

  24. Trading of the shares of the company will remain suspended during May 25-30, 2010 for finalization of Demat process. Tra

    Trading of the shares of the company will remain suspended during May 25-30, 2010 for finalization of Demat process. Trading of the shares of the company will be held in Demat form with effect from May 31, 2010 as announced earlier.

  25. Trading of the shares of the company will be allowed only in the Spot market (Block/Odd lot transactions will also be se

    Trading of the shares of the company will be allowed only in the Spot market (Block/Odd lot transactions will also be settled as per spot settlement cycle) on May 24, 2010 and trading of the shares of the company will remain suspended on 25th, 26th and 30th May, 2010 for finalization of Demat process.

  26. As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2010 (Jan'10 to Mar'10), the company has re

    As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2010 (Jan'10 to Mar'10), the company has reported net profit after tax of Tk. 4.47 million with basic EPS of Tk. 0.43 as against Tk. 3.15 million and Tk. 0.30 respectively for the same period of the previous year. However, considering proposed bonus share @ 15% for the year 2009, diluted EPS will be Tk. 0.37 as on 31.03.10 and Tk. 0.26 (restated) as on 31.03.09.

  27. Normal trading of the shares of the company will resume on 12.05.10 following the starting date of Book-Closure.

    Normal trading of the shares of the company will resume on 12.05.10 following the starting date of Book-Closure.

  28. Trading of the shares of the company will remain suspended on 11.05.10, as Book Closure will start from 12.05.10.

    Trading of the shares of the company will remain suspended on 11.05.10, as Book Closure will start from 12.05.10.

  29. Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be

    Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 09.05.10 to 10.05.10. Trading of the shares of the company will remain suspended on 11.05.10 as Book Closure will start from 12.05.10.

  30. As per decision of SEC, trading of the shares of the company will be held in Demat form with effect from May 31, 2010. I

    As per decision of SEC, trading of the shares of the company will be held in Demat form with effect from May 31, 2010. In this respect, trading of the shares of the company will be allowed only in the spot market on May 24, 2010 and trading of the shares will remain suspended on 25th, 26th and 30th May, 2010 for finalization of Demat process.

  31. There will be no price limit on the trading of the shares of the company today (03.05.10) following its corporate declar

    There will be no price limit on the trading of the shares of the company today (03.05.10) following its corporate declaration.

  32. The Board of Directors has recommended stock dividend @ 15% for the year 2009. Date of AGM: 03.07.10, Time: 11:00 AM, Ve

    The Board of Directors has recommended stock dividend @ 15% for the year 2009. Date of AGM: 03.07.10, Time: 11:00 AM, Venue: NSC Tower Auditrorim, Purana Paltan, Dhaka-1000. Book Closure: 12.05.10 to 26.05.10. The Company has also reported Net Asset Value of Tk. 312.78 m., EPS of Tk. 1.16 and Net Operating Cash flow per Share of Tk. 3.34 for the year ended on 31.12.09 as against Tk. 314.71 m., Tk. 0.28 and Tk. (7.60) respectively as on 31.12.08.

  33. The company has informed that the Board of Directors of the company has accepted the loan sanctioned by Southeast Bank L

    The company has informed that the Board of Directors of the company has accepted the loan sanctioned by Southeast Bank Ltd. to import of a Welding Electrodes Manufacturing Plant from China to meet the increased demand of Welding electrodes to the export oriented ship building industries of the country. The plant is expected to reach factory at Chittagong after 5 months from the date of opening the L/C.

  34. The company has informed that the Board of Directors of the company has accepted the second revaluation report of the fi

    The company has informed that the Board of Directors of the company has accepted the second revaluation report of the fixed assets of the company carried out by G.K Adjusters Limited. The assets has been revalued at Tk. 448,965,352.00 against the written down value of Tk. 146,709,044.00 resulting a net surplus of Tk. 302,256,308.00. It may be mentioned that the first revaluation was carried out in December 2004 that resulted a surplus of Tk. 51,203,495.00. This information will appear in the Financial Statements for the year ended 2009 as post balance sheet item, as the report reached to company after the closing of accounts as on 31.12.2009.

  35. In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the com

    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.

  36. The company has informed that the Board of Directors of the company has approved the appointment of the valuation firm G

    The company has informed that the Board of Directors of the company has approved the appointment of the valuation firm G. K. Adjuster Ltd. for the revaluation of the Fixed Assets of the company and to certify the same.

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.