Bengal Windsor Thermoplastics PLC. announcements
219 Dhaka Stock Exchange announcements for Bengal Windsor Thermoplastics PLC. (BENGALWTL) since 2013: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (24).
- Declaration of receipt by a Sponsor/ Director
Mr. Humayun Kabir, one of the Sponsors/ Directors of the Company, has expressed his intention to receive 2,32,15,696 shares of the Company from his wife Mrs. Arifa Kabir, by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity (surveillance) Rating of the Company as "AA3" along with a stable outlook based on audited financial statements up to June 30, 2016; bank liability position as on December 28, 2016 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Scheme of amalgamation
The Company has informed that the Honorable High Court Division of the Supreme Court of Bangladesh has passed the order in the Company matter no. 196 of 2016 approving the scheme of amalgamation of Bengal Petrochem and Synthetic Textiles Limited as Transferor Company with Bengal Windsor Thermoplastics Limited as Transferee Company for the purpose of Section 228 read with Section 229 of the Companies Act, 1994. Furthermore, the Honorable Court has been ordered that, the merger of the Transferor and the Transferee Companies shall be deemed to be effective on the date that the certified copy of this Judgment and Order, and as decided by the Boards of Directors of both the Transferor and the Transferee Companies, is filed with the Registrar of Joint Stock Companies and Firms within 6 (six) weeks of the receipt of the certified copy of this Judgment and Order.
- Information for Brokerage houses relating to Margin Loan
The Company has requested the concerned brokerage houses /merchant bank to provide the detailed data of the shareholders (shareholder's name, BO Number, e-TIN number, gross dividend receivable, applicable tax rate and net dividend receivables) of their margin loan holders who hold shares of the Company as on Record Date, along the contact person in this connection. The brokerage houses and merchant bankers are also requested to submit their Bank Account name, number, routing number on or before 10.12.16.
- Resumption after record date
Trading of the shares of the Company will resume on 20.11.2016 after record date.
- Suspension for record date
Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2016.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.56 for July-September, 2016 as against Tk. 0.62 for July-September, 2015; Consolidated NOCFPS was Tk. 0.06 for July-September, 2016 as against Tk. 0.93 for July-September, 2015. Consolidated NAV per share was Tk. 29.15 as of September 30, 2016 and Tk. 28.59 as of June 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 15.11.2016 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 10% cash dividend for the year ended on June 30, 2016. Date of AGM: 15.12.2016, Time: 11:00 AM, Venue: Bengal Multimedia Studio, 95/A, Tejgaon I/A, Dhaka-1208. Record Date: 17.11.2016. The Company has also reported EPS of Tk. 2.54, NAV per share of Tk. 28.59 and NOCFPS of Tk. 3.21 for the year ended on June 30, 2016 as against Tk. 2.34, Tk. 28.65 and Tk. (0.62) 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 (30.10.2016) 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 27, 2016 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2016.
- Resumption after record date for EGM regarding amalgamation
Trading of the shares of the Company will resume on 03.10.2016 after record date for EGM regarding amalgamation.
- Suspension for record date for EGM
Trading of the shares of the Company will remain suspended on record date i.e., 02.10.2016 for EGM regarding amalgamation purpose.
- Spot for EGM regarding amalgamation purpose
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 28.09.2016 to 29.09.2016. Trading of the shares of the Company will remain suspended on record date i.e., 02.10.2016 for EGM for amalgamation purpose.
- EGM for approving the scheme of amalgamation
With reference to their earlier news (disseminated by DSE on 18.08.2016) regarding approving the draft scheme of amalgamation, the Company has further informed that in accordance to the direction of the Hon'ble High Court Division of the Supreme Court of Bangladesh vide order dated August 29, 2016 in Company matter no. 196 of 2016, the Board of Directors of the Company has decided to convey the 5th EGM of the members of the Company for approving the scheme of amalgamation of Bengal Petrochem and Synthetic Textiles Limited (Transferor Company) with the Bengal Windsor Thermoplastics Limited (Transferee Company), with or without modification. Date of EGM: 30.10.2016, Time: 5:00 PM, Venue: Bengal Multimedia Studio, 95/A, Tejgaon I/A, Dhaka-1208. Record Date for EGM : 02.10.2016.Further, as per the order of the Hon'ble Court, the Board also resolved to convene the meeting of the creditors' of the company at 3:00 PM on October 30, 2016 at Bengal Multimedia Studio, 95/A, Tejgaon I/A, Dhaka-1208.
- Scheme of amalgamation
The Company has informed that the Board of Directors of the Company has approved the following decision: The draft scheme of amalgamation of Bengal Petrochem and Synthetic Textiles Limited (Transferor Company), which is a subsidiary Company of the Bengal Windsor Thermoplastics Limited with the Bengal Windsor Thermoplastics Limited (Transferee Company) has been approved subject to sanction of the High Court Division of the Supreme Court of Bangladesh.
- Q3 Financials
Consolidated EPS was Tk. 0.56 for January-March, 2016 as against Tk. 0.42 for January-March, 2015; Consolidated EPS was Tk. 2.32 for July, 2015-March, 2016 as against Tk. 2.28 for July, 2014-March, 2015. Consolidated NOCFPS was Tk. 1.37 for July, 2015-March, 2016 as against Tk. 1.45 for July, 2014-March, 2015. Consolidated NAV per share was Tk. 28.37 as of March 31, 2016 and Tk. 26.05 as of June 30, 2015.
- Board Meeting (Q3)
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 4:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2016.
- Confirmation of sale
Arifa Kabir, one of the Directors of the Company, has further reported that she has completed her sale of 10,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Declaration of sale by a Director
Arifa Kabir, one of the Directors of the Company, has expressed her intention to sell 10,00,000 shares (Bonus shares) out of her total holding of 2,42,15,696 shares of the Company at prevailing market price (in the block market) through Stock Exchange within next 30 working days.
- Q2 Financials
Consolidated EPS was Tk. 1.27 for October-December, 2015 as against Tk. 0.92 for October-December, 2014; Consolidated EPS was Tk. 1.76 for July-December, 2015 as against Tk. 1.86 for July-December, 2014. NOCFPS was Tk. 0.31 for July-December, 2015 as against Tk. 0.08 for July-December, 2014. Consolidated NAV per share was Tk. 34.16 as of December 31, 2015 and Tk. 26.31 as of June 30, 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 27, 2016 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2015.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on June 30, 2015 to the respective shareholders' BO Accounts on January 05, 2016.
- Declaration of sale
Arifa Kabir, one of the Sponsors/Directors of the Company, has expressed her intention to sell 10,00,000 shares (Bonus shares) out of her total holding of 2,52,15,696 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.