Bangladesh Submarine Cables PLC announcements
228 Dhaka Stock Exchange announcements for Bangladesh Submarine Cables PLC (BSCPLC) since 2012: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (20).
- BSCCL: Q1 Financials
(Continuation news of BSCCL): Reasons for significant deviation: The company also informed that the increase in EPS is the result of increase in revenue and other income for the ordinary course of the business activities and NAVPS has been increased mainly due to ordinary course of business activities. (end)
Posted under the former code BSCCL. The first part of this announcement is missing from the archive. - BSCCL: Resumption after record date
Trading of the shares of the Company will resume on 08.11.2022 after record date
Posted under the former code BSCCL. - BSCCL: 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, 2022 at 5:30 PM to consider, among others, un-audited financial statements of the company for the First Quarter (Q1) period ended September 30, 2022.
Posted under the former code BSCCL. - BSCCL: Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 07.11.2022.
Posted under the former code BSCCL. - BSCCL: 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 03.11.2022 to 06.11.2022 and trading of the shares will remain suspended on record date i.e., 07.11.2022.
Posted under the former code BSCCL. - BSCCL: Qualified Opinion
(Continuation news of BSCCL): to transfer the Equity Money to Share Capital. Hence, no Equity/Share Money has been converted into Share Capital by BSCCL as on 30 June 2022. However, they have calculated diluted EPS and disclosed in the financial statements considering the Equity Money received in the Financial Years 2015-2016 and 2016-2017 only. (end)
Posted under the former code BSCCL. The first part of this announcement is missing from the archive. - BSCCL: Dividend Declaration
(Continuation news of BSCCL): As the date of commencement of Revenue Sharing is not clear yet, the Board of Directors of BSCCL has approved provisioning for revenue sharing at the rate of 3 % of Revenue earned from the services provided under that license for the period 19 April to 30 June 2022. This is informed in continuation of the PSI published as on 24.10.2021. (End)
Posted under the former code BSCCL. The first part of this announcement is missing from the archive. - BSCCL: Price Limit Open
There will be no price limit on the trading of the shares of the Company today (11.10.2022) following its corporate declaration.
Posted under the former code BSCCL. - BSCCL: Update of Information
(Continuation news of BSCCL): provide with their Bank name & Account number, Routing number, etc. within the stipulated time to enable to disburse the cash dividend to their respective accounts. The e-mail should contain the required information in Excel file. The detail of the Annual Financial Statements & the link for joining in the Virtual Platform is available in the website of the issuer of securities. The address of the website is www.bsccl.com. (end)
Posted under the former code BSCCL. The first part of this announcement is missing from the archive. - BSCCL: 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 10, 2022 at 2:30 pm to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
Posted under the former code BSCCL. - BSCCL: Appointment of Managing Director
The Company has informed that Mr. Md. Shahab Uddin has been appointed as the Managing Director of the Company.
Posted under the former code BSCCL. - BSCCL: Decision to enhance bandwidth capacity through Upgradation#6 process
The Company has informed that the Board of Directors has approved the agreement of 3.2 million USD (excluding VAT/Tax) between the SMW4 submarine cable consortium and the supplier to enhance 3800 GBPS bandwidth capacity through Upgradation#6 process of SMW4 consortium. Total bandwidth capacity of SMW4 submarine cable of the Company will be 4600 GBPS after successful completion of Upgradation#6 process.
Posted under the former code BSCCL. - BSCCL: Q3 Financials
(Continuation news of BSCCL): EPS has been increased due to increase in Revenue and there was no significant additional expenditure against the increased revenue. There were no Extraordinary Transactions during this period. Significant Increase in Operating Cash flows: BSCCL has emphasized on revenue collection and took some stern steps for the realization which led to significant increment of Cash Received from clients. (end)
Posted under the former code BSCCL. The first part of this announcement is missing from the archive. - BSCCL: 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 25, 2022 at 2:30 PM to consider, among others, un-audited financial statements of the company for the Third Quarter (Q3) period ended March 31, 2022.
Posted under the former code BSCCL. - BSCCL: Board Decision on expansion of Third Submarine Cable Project
Refer to their earlier news disseminated by DSE on 14.09.2021 regarding Board Decision on Third Submarine Cable Project of SMW-6 Consortium, the Company has further informed that Minimum Investment Unit will be enhanced to 02 (Two) from previous 01 (One). Consequently, estimated cost of the project will be BDT 870 Crore instead of BDT 693.17 Crore. Additional investment will increase the capacity to 13,200 GBPS from 6,600 GBPS. (End)
Posted under the former code BSCCL. - BSCCL: Q2 Financials
(Continuation news of BSCCL): EPS has increased due to increase in revenue and there was no significant additional expenditure against the increased revenue. NOCFPS increased due to significant increment of Cash received from clients as disclosed in the statement of Cash Flows. On the other hand there was no significant cash outflow other than usual business transactions. (end)
Posted under the former code BSCCL. The first part of this announcement is missing from the archive. - BSCCL: Consent to issue shares in favor of Government
Reference to earlier news disseminated by DSE on 29.12.2021 regarding decision to issue shares in favor of Government, the Company has further informed that the Board of Directors has decided to issue 1,48,69,037 shares at face Value BDT 10.00, Issue Price BDT 110.20 as it was last dated market price of the year (1,27,04,174 shares for 2015-16 and 21,64,863 shares for 2016-17). The company also informed that they have received Consent from the relevant ministry of the Government for issuance of shares.
Posted under the former code BSCCL. - BSCCL: 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, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
Posted under the former code BSCCL. - BSCCL: Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2021 to the respective shareholders.
Posted under the former code BSCCL. - BSCCL: Appointment of Managing Director
The Company has informed that Mr. A. K. M. Habibur Rahman has been appointed as the Managing Director of the Company with effect from January 05, 2022.
Posted under the former code BSCCL.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.