Bangladesh Export Import Company Limited announcements
329 Dhaka Stock Exchange announcements for Bangladesh Export Import Company Limited (BEXIMCO) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (33).
- Issuance Date of Beximco Green-Sukuk al Istisna'a
The Company has informed that the Issuance Date of Beximco Green-Sukuk al Istisna'a is December 23, 2021.
- Subscription Completion of Green Sukuk Al Istisna'a
The Company as the originator of Beximco Green-Sukuk AI Istisna'a has informed that the subscription of Beximco Green-Sukuk AI Istisna'a of BDT 30.0 Billion has been closed on 21st December 2021.
- Buy Declaration of a Corporate Director
Beximco Holdings Ltd., one of the Corporate Directors of the Company, has expressed its intention to buy 3,00,00,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchanges (DSE) within next 30 working days.
- Resumption after record date
Trading of the shares of the Company will resume on 23.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2021.
- 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 with cum benefit from 18.11.2021 to 21.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2021.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 4.11 for July-September 2021 as against Tk. 0.14 for July-September 2020; NOCFPS was Tk. 1.14 for July-September 2021 as against Tk. 1.34 for July-September 2020. NAV per share was Tk. 83.42 as on September 30, 2021 and Tk. 70.32 as on September 30, 2020.
- 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 11, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.
- The Board of Directors has recommended 35\% cash dividend for the year ended on June 30, 2021. Date of AGM: 23.12.2021,
The Board of Directors has recommended 35\% cash dividend for the year ended on June 30, 2021. Date of AGM: 23.12.2021, Time: 12:30 PM, Venue: Digital Platform. Record Date: 22.11.2021. The Company has also reported EPS of Tk. 7.53, NAV per share of Tk. 78.28 and NOCFPS of Tk. (2.03) for the year ended on June 30, 2021 as against Tk. 0.51, Tk. 69.33 and Tk. 36.01 respectively for the same period of the previous year. (Cont.)
- The company has further informed that the main reasons for deviation of EPS, NOCFPS and NAV are as follows: For EPS & NA
The company has further informed that the main reasons for deviation of EPS, NOCFPS and NAV are as follows: For EPS & NAV: Exploring new markets and products line in textile, the company executed more orders and due to COVID-19, old orders also executed in current year which impacted on revenue and thus increased EPS and NAV. (Revenue increased by 112\% compared to last year). (Cont.)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (24.10.2021) following its corporate declaration.
- Dividend Declaration
(Cont. BEXIMCO): The Board of Directors has also decided to increase the Authorized Share Capital of the Company from Tk. 1,000 crore (Taka one thousand crore) to Tk. 3,000 crore (Taka three thousand crore) by amending the Clause V of the Memorandum of Association and Article-4 of the Articles of Association of the Company, subject to the approval of the Shareholders in the 48th AGM of the Company to be held on 23rd December, 2021 as special business. (End)
The first part of this announcement is missing from the archive. - Dividend Declaration (Additional Information)
(Cont. of BEXIMCO): On the other hand, Fair value revaluation as per IFRS-9, other comprehensive income for Investment in Share increased significantly and thus increased NAV as well. For NOCFPS: To complete upcoming sales/orders, we purchased significant amount of inventories (50% increase from last year) and advance given for assets and other purchase (shown under Advance, deposit and prepayment) which are the main significant area for decreasing of NOCFPS. (End)
The first part of this announcement is missing from the archive. - 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 21, 2021 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- The Company has informed that Beximco Limited awarded of Solar Module, Solar EPC Main Plant, Switchyard and Substation c
The Company has informed that Beximco Limited awarded of Solar Module, Solar EPC Main Plant, Switchyard and Substation contracts to build a 280 MWp solar utility-scale power plant at Sundarganj, Gaibandha District in the Rangpur Division, Bangladesh. The total value of contracts awarded is BOT 1700 Crore. (Cont.1)
- (Cont. BEXIMCO): The company has informed this will make Beximco the undisputed leader in utility-scale solar power prod
(Cont. BEXIMCO): The company has informed this will make Beximco the undisputed leader in utility-scale solar power production in Bangladesh, where together with a second project under development, the company will have total combined capacity of 325 MWp which will equate to a generation capacity of 230 MW (AG). The plants shall be commissioned by mid-2022. (Cont. 2)
The first part of this announcement is missing from the archive. - (Cont. BEXIMCO): The solar module contract has been awarded to LONGi Solar Technology Co. ltd, the world leading manufac
(Cont. BEXIMCO): The solar module contract has been awarded to LONGi Solar Technology Co. ltd, the world leading manufacturer of high-efficiency mono-crystalline solar cells and modules. The EPC main plant contract has been awarded to a consortium comprising Rays Power Infra Private limited and Zetwerk Manufacturing Businesses Private limited. The scope of the award covers Engineering, Procurement, Construction, Commissioning as well as Operation & Maintenance activities. (Cont.3)
The first part of this announcement is missing from the archive. - (Cont. BEXIMCO): The Switchyard and Substation contract including control solutions, has been awarded to ABB, the leadin
(Cont. BEXIMCO): The Switchyard and Substation contract including control solutions, has been awarded to ABB, the leading global technology company that energizes the transformation of society and industry to achieve a more productive and sustainable future. The Transmission Line Engineering, Procurement and Construction contract has been awarded to Confidence Infrastructure Limited. (Cont.4)
The first part of this announcement is missing from the archive. - Beximco Award 280 MWP of Solar Contracts to Build Largest Utility-Scale
(Cont. BEXIMCO): The length of the line will be 35.35 km from Sundarganj, Gaibandha to Rangpur Grid Substation, Rangpur. This agreement is an achievement for both the companies as it is one of the key milestones in developing the country's largest grid-tied solar power plant. (End)
The first part of this announcement is missing from the archive. - 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 and increase in volume of shares.
- Resumption after record date
Trading of the shares of the Company will resume on 25.07.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 19.07.2021 for entitlement of Sukuk.
- Information Memorandum for Beximco Green-Sukuk AI Istisna'a
(Cont. BEXIMCO): as well as in www.bexgreensukuk.com for issuance of Beximco Green-Sukuk AI Istisna'a of BDT 30 Billion (BDT 15 Billion under Private Offer, BDT 7.5 Billion for Existing Shareholders of BEXIMCO under private offer and BDT 7.5 Billion under Public Offer). For any clarification, interested investors may contact following Telephone Nos. 01711522015, 01723755412, 01711522028 & 01711600908. (end)
The first part of this announcement is missing from the archive. - Spot News for Sukuk
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 the entitlement of Sukuk on 15.07.2021 and 18.07.2021. Trading of the shares of the Company will remain suspended on record date i.e., 19.07.2021 for entitlement of Sukuk.
- Record date for Beximco Green-Sukuk al Istisna
The Company has informed that as per consent letter No. BSEC/CI/Sukuk/IPO-316/2021-445 dated July 08, 2021 issued by Bangladesh Securities and Exchange Commission, the Board of Directors of the Company in their meeting held on 12th July, 2021 fixed the record date on July 19, 2021 for entitlement of rights to the existing shareholders of the Company to subscribe the Secured Convertible Asset Backed Beximco Green-Sukuk al Istisna for BDT 7.50 billion under private offer.
- Credit Rating result for the issuance of BEXIMCO Sukuk AI Istisna
(cont. of BEXIMCO): The assigned rating is based on the audited financial statements of 2017, 2018, 2019, 2020 and half yearly audited financial statements up to December 31, 2020 and other relevant quantitative as well as qualitative information up to the date of rating. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Corporation has informed that a meeting of the Board of Directors will be held on April 29, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Corporation for the Third Quarter (Q3) period ended on March 31, 2021.
- Issuance of Secured Convertible Asset Backed Sukuk
Refer to their earlier news disseminated by DSE on 03.03.2021 regarding Issuance of Secured Convertible Asset Backed Sukuk, the Company has further informed that EGM was held on March 31, 2021 unanimously approved the initiation of the process of issuance of Islamic Shahriah compliant Sukuk Al Istisna for BDT 30.00 billion.
- Change of EGM Date
The Company has further informed that the EGM of the Company will now be held on March 31, 2021 instead of earlier declared date March 30, 2021 due to unavoidable circumstance. Other information will remain unchanged.
- Resumption after record date
Trading of the shares of the Company will resume on 09.03.2021 after record date.
- Issuance of Secured Convertible Asset Backed Sukuk
(Cont. of BEXIMCO): Half-yearly Periodic Distribution amount: Sukuk holders shall be entitled to receive Periodic Distribution Amount on a half yearly basis as per the following calculation: Basis rate plus Margin Base Rate: 9% p.a. Margin: 10% of the difference between Base Rate and annual dividend rate declared in the AGM of the preceding year of Beximco Ltd. If dividend rate is equal to or below the Base Rate, the Periodic Distribution Amount will be paid as par the Base Rate only. (Cont. 5)
The first part of this announcement is missing from the archive. - Q2 Financials
(Cont. news of BEXIMCO): The company has noted that Net Operating Cash Flow Per Share (NOCPS) for six months period ended 31 December 2020 is Tk. 13.55 which is higher than the NOCPS of Tk. 0.75 for the corresponding previous period. Realization from debtors, advances and others improved the cash flows during the period and that were used for acquisition of property, plant and equipment & investment property. (end)
The first part of this announcement is missing from the archive. - Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2020 to the respective shareholders' Bank Accounts through BEFTN system.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.