Beach Hatchery Limited announcements
330 Dhaka Stock Exchange announcements for Beach Hatchery Limited (BEACHHATCH) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (19).
- Date, Time and Venue of AGMs
The Company has further informed that the 21st and 22nd AGM of the Company will be held on 31st December 2017 at 11:30 AM and 12:30 PM respectively in Uttara Community Centre, House-20, Road-13/D, Sector-6, Uttara Model Town, Dhaka-1230. The Hon'ble High Court Division of the Supreme Court of Bangladesh has allowed the Company to hold the 21st AGM within 31st December 2017. Other information of the AGM will remain unchanged.
- Resumption after record date
Trading of the shares of the Company will resume on 22.11.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2017.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (0.10) for July-September, 2017 as against Tk. (0.11) for July-September, 2016; NOCFPS was Tk. (0.01) for July-September, 2017 as against Tk. (0.01) for July-September, 2016. NAV per share was Tk. 10.77 as on September 30, 2017 and Tk. 10.87 as on June 30, 2017. The Company has further noted that their factory has been dismantled by the Government to construct marine drive road and entire operation has been stopped.
- 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 15, 2017 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.
- 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 from 08.11.2017 to 20.11.2017. Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2017.
- Dividend Declaration
The Board of Directors has recommended No dividend for the year ended on June 30, 2017. Record date: 21.11.2017. Date, Time and Venue of the 21st and 22nd AGM will be notified later on subject to disposal of the Company Matter No. 42 of 2017 for 21st AGM now pending before the Hon'ble High Court Division of the Supreme Court of Bangladesh. (cont.) (Continuation news of BEACHHATCH): The Company has also reported EPS of Tk. (0.39), NAV per share of Tk. 10.87 and NOCFPS of Tk. (0.01) for the year ended on June 30, 2017 which was Tk. (0.53), Tk. 11.26 and Tk. 0.02 respectively for the 18 months period from January 01, 2015 to June 30, 2016. (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (01.11.2017) 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 31, 2017 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
- Enquiry Committee formed by BSEC
BSEC NEWS: Bangladesh Securities and Exchange Commission (BSEC) has formed an enquiry committee to investigate into unusual movement of price and volume of shares of Beach Hatchery Ltd. in the Stock Exchanges (BSEC Order No. BSEC/Surveillance/2017-0895/813 dated July 24, 2017).
- Q3 Financials (Repeat)
(Repeat): (Q3 Un-audited): EPS was Tk. (0.13) for January-March 2017 as against Tk. (0.10) for January-March 2016; EPS was Tk. (0.35) for July 2016-March 2017 as against Tk. (0.09) for July'15-March'16. NOCFPS was Tk. (0.01) for July 2016-March 2017 as against Tk. (0.02) for July 2015-March 2016. NAV per share was Tk. 10.91 as of March 31, 2017 and Tk. 11.26 as of March 31, 2016.
- 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.
- 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
(Q3 Un-audited): EPS was Tk. (0.13) for January-March 2017 as against Tk. (0.10) for January-March 2016; EPS was Tk. (0.35) for July 2016-March 2017 as against Tk. (0.09) for July'15-March'16. NOCFPS was Tk. (0.01) for July 2016-March 2017 as against Tk. (0.02) for July 2015-March 2016. NAV per share was Tk. 10.91 as of March 31, 2017 and Tk. 11.26 as of March 31, 2016.
- 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 30, 2017 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. (0.11) for October-December, 2016 as against Tk. 0.11 for October-December, 2015; EPS was Tk. (0.22) for July-December, 2016 as against Tk. 0.01 for July-December, 2015. NOCFPS was Tk. (0.01) for July-December, 2016 as against Tk. 0.03 for July-December, 2015. NAV per share was Tk. 11.04 as of December 31, 2016 and Tk. 11.26 as of June 30, 2016.
- 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, 2017 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2016.
- Query Response
In response to a DSE query dated January 15, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Qualified Opinion
(Qualified Opinion): The auditor of the company has given the following ÂObservations in the audit report of the company for the year ended on 30 June 2016: Basis for Qualified Opinion: 1. The out of the total Accounts Receivable amount of Tk. 28,8084,120.00 [Note No. -08] Tk. 103,279,528.00 has been confirmed by the debtors directly to us, in response to our letter for balance confirmation circulated to them. The company has made provision for bad and doubtful debts TK. 1,366,093.00 during the year under audit though a considerable amount is lying with the debtors for more than one year. Except the amount of bad debts the Management considered all those debts are good for realization. 2. That the balance of Advance TK. 6,162,814.00 (Note NO.-09.00-a) for which no provision has been made for unadjusted/unrealizable advances as the management of the company considered the full amount of advances are good for realization/are adjustable, despite more than one year outstanding. 3. That the balance of project loan and working capital loan taka from Bangladesh Krishi Bank (BKB) Teknaf branch, Teknaf stands at TK. 12,834,718.00 (Note No. -13.00) and TK. 33,257,443.00 (Note No.-14) respectively, but neither the Bank has re-scheduled the said loans nor the Company has settled any amount during the year under audit. Though the company has made provision for interest during the year but could provide us neither balance confirmation certificate nor any bank statement for said loan accounts. As such we could not satisfy ourselves regarding the correctness of the said Bank liabilities. 4. That the income Tax authority has issued letter dated 04.02.2015 claiming Tk. 1,93,35,561 as outstanding tax up to for the assessment year 2012-2013 (accounting year ended 31 December 2011) but the company has not made sufficient provision to meet up the said claim on the ground that they are under the process of appeal against such assessment orders.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.