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 2024 (26).
- Category Change
The company will be placed in 'B' category from existing 'A' category with effect from January 01, 2025 as the company has approved 5% Stock Dividend for the year ended June 30, 2024.
- Ordinary Shares of BEXIMCO credited against BEXGSUKUK
The company has informed that a total 33,820 ordinary shares of Tk.10.00 each of Bangladesh Export Import Company Ltd. has been credited to the respective BO IDs of the 27 Nos. of Sukukholders who applied for conversion of their Sukuk holdings into ordinary shares of Bangladesh Export Import Company Limited.
- Clarification on recent news regarding worker layoffs
In response to a DSE query dated December 22, 2024 regarding clarification on recent news published in a national daily on December 19, 2024 regarding laying off of 40,000 workers at 15 apparel units, the company has informed DSE, among others, the following:"....Bangladesh Export Import Company Ltd. has been in operation and none of its units is laid off. 15 Apparel units mentioned in the news item were laid off are not concern of Bangladesh Export Import Company Ltd."
- Resumption after Record date
Trading of the shares of the company will resume on 26.11.2024.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 25.11.2024.
- 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 21.11.2024 to 24.11.2024 and trading of the shares will remain suspended on record date i.e., 25.11.2024.
- Emphasis of Matter
The auditor of the company has given the "Emphasis of Matter" paragraph in the audited financial statement of the company for the year ended June 30, 2024. To view the details please visit: https://www.dsebd.org/Auditors_opinion/2024/November/BEXIMCO_2024.pdf
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (1.26) for July-September 2024 as against Tk. (0.79) for July-September 2023; NOCFPS was Tk. 10.96 July-September 2024 as against Tk. (2.69) for July-September 2023. NAV per share was Tk. 89.44 as on September 30, 2024 and Tk. 94.21 as on September 30, 2023.
- 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 13, 2024 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- The Board of Directors has recommended 5\% Stock Dividend for the year ended June 30, 2024. Date of AGM: 30.12.2024, Tim
The Board of Directors has recommended 5\% Stock Dividend for the year ended June 30, 2024. Date of AGM: 30.12.2024, Time: 10:30 AM, Venue: Hybrid System. Record Date: 25.11.2024. The Company has also reported EPS of Tk. (0.41), NAV per share of Tk. 92.58 and NOCFPS of Tk. (12.41) for the year ended June 30, 2024 as against Tk. 7.92, Tk. 95.14 and Tk. 3.42 respectively for the year ended June 30, 2023. Reasons for recommendation of Stock Dividend: (cont.)
- Dividend Declaration
(Cont. news of BEXIMCO): a) The retained amount of recommended stock dividend will be used to profitable investment or reinvestment in Company. b) Stock dividend is declared out of accumulated profit. c) Stock Dividend is not declared from capital reserve or valuation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post-dividend retained earnings become negative or a debit balance. (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 (29.10.2024) following its corporate declaration. However, 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 28, 2024 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.86 for January-March 2024 as against Tk. 1.22 for January-March 2023; EPS was Tk. 0.89 for July 2023-March 2024 as against Tk. 8.57 for July 2022-March 2023. NOCFPS was Tk. (2.43) for July 2023-March 2024 as against Tk. 8.25 for July 2022-March 2023. NAV per share was Tk. 94.83 as on March 31, 2024 and Tk. 95.99 as on March 31, 2023.
- 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 29, 2024 at 04:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
- The company has informed that Bangladesh Securities and Exchange Commission gave its consent to Bangladesh Export Import
The company has informed that Bangladesh Securities and Exchange Commission gave its consent to Bangladesh Export Import Company Limited (\"Beximco Ltd.\") on 03rd April 2024 for issuance of Unsecured, Non-Convertible, Redeemable Beximco 1st Unsecured Zero-Coupon Bond of BDT 26,250,000,000. Name of the bond shall be Beximco 1st Unsecured Zero-Coupon Bond. (cont.)
- BSEC Consent to issue Beximco 1st Unsecured Zero-Coupon Bond
(Continuation news of BEXIMCO): It is further informed that the purpose of issuance of Beximco 1st Unsecured Zero-Coupon Bond is (a) to repay the existing bank loans of Beximco Ltd.; and (b) to provide loan to the Developer i.e. Sreepur Township Limited, for development of Mayanagar project. Aggregate face value and aggregate issue price of Beximco 1st Unsecured Zero-Coupon Bond are BDT 26,250,000,000 and 15,000,000,000 respectively. (end)
The first part of this announcement is missing from the archive. - (Continuation news of BEXIMCO): for development of \"Mayanagar\" a mixed use, multipurpose affordable real estate projec
(Continuation news of BEXIMCO): for development of \"Mayanagar\" a mixed use, multipurpose affordable real estate project. Subject to the approval of Bangladesh Securities and Exchange Commission (BSEC), the Board of Directors have further considered and approved the terms and conditions of \"Beximco 1st Zero Coupon Bond\" as follows: Name of the Issue: Beximco 1st Zero Coupon Bond (\"Beximco 1st ZCB\"), (cont.2)
The first part of this announcement is missing from the archive. - The company has informed that the Board of Directors of the company in its meeting held on March 10, 2024 took the follo
The company has informed that the Board of Directors of the company in its meeting held on March 10, 2024 took the following decision: That Beximco Ltd will enter into a joint venture development agreement and invest with Sreepur Township Ltd for the development of \"Mayanagar\" a mixed use, multipurpose affordable real estate project. Mayanagar will be developed on a 100 acre (approx.) land situated on the Nabinagar-Chandra Highway. (cont.1) The company has informed that the Board of Directors of the company in its meeting held on March 10, 2024 took the following decisions: The Board of Directors has considered and approved the initiation of the process of issuance of \"Beximco 1st Zero Coupon Bond\" for BDT 15,000,000,000 (Taka fifteen billion only) for the purpose of repayment of existing loans of the Company and for investment with Sreepur Township Limited as Joint Venture partner (cont.1)
- (Continuation news of BEXIMCO): The development will be a fully secured, gated and self contained township comprising of
(Continuation news of BEXIMCO): The development will be a fully secured, gated and self contained township comprising of 18,000 apartments. Facilities within the township will include healthcare, education, entertainment, sports and recreation as well as all necessary civic and lifestyle amenities. The commercial space will be 5 million sft and includes serviced apartments, hotel, offices, convention center and shopping mall. The entire project will be developed as a green and ecofriendly township.(cont.2)
The first part of this announcement is missing from the archive. - Initiating process of issuance of "Beximco 1st Zero Coupon Bond"
(Continuation news of BEXIMCO): Issuer: Bangladesh Export Import Company Limited, Type of Instruments to be issued: Secured, Redeemable Non-Convertible, Non-Tradable Zero Coupon Bond, Issue Size: BDT 15,000,000,000 (Taka fifteen billion only) and Discount rate: 15.00% p.a. (end)
The first part of this announcement is missing from the archive. - Board decision to enter into a joint venture development agreement
(Continuation news of BEXIMCO): Presently, 75% of the project land is owned by Beximco Ltd and 25% by Sreepur Township Ltd and the profit will be shared accordingly. A globally renowned Architectural and Engineering Consultancy firm has been appointed for the design, development and supervision of the project on a turn key basis. An international EPC contractor will be appointed for the implementation of the project. (end)
The first part of this announcement is missing from the archive. - (Q2 Un-audited): EPS was Tk. 0.82 for October-December 2023 as against Tk. 3.60 for October-December 2022; EPS was Tk. 0
(Q2 Un-audited): EPS was Tk. 0.82 for October-December 2023 as against Tk. 3.60 for October-December 2022; EPS was Tk. 0.03 for July-December 2023 as against Tk. 7.35 for July-December 2022. NOCFPS was Tk. 1.44 for July-December 2023 as against Tk. 4.57 for July-December 2022. NAV per share was Tk. 93.98 as on December 31, 2023 and Tk. 94.76 as on December 31, 2022. (cont.)
- Q2 Financials
(Continuation news of BEXIMCO): Reasons for deviation: Due to declining in export and local demand revenue abnormally decreased and also increased cost of revenue due to disruption in international supply chain for crisis of US dollar, Russia & Ukraine War and price hike of Gas & Electricity, the company made a minimum profit and resulted EPS stood Tk. 0.03 per share. NOCFPS decreased due to reduction of Trade & Other Payable and increase of Current and Non-current Assets. (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 Company has informed that a meeting of the Board of Directors will be held on January 29, 2024 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.