Bangladesh Steel Re-Rolling Mills Limited announcements
182 Dhaka Stock Exchange announcements for Bangladesh Steel Re-Rolling Mills Limited (BSRMLTD) since 2015: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (23).
- Starting of commercial production after completion of BMRE
The Company has informed that the Board of Directors has declared for starting its commercial production of the Rolling Unit of the Company after successful completion of BMRE and trial production, with effect from December 09, 2015.
- Q3 Financials
EPS was Tk. 0.85 for July-September, 2015 as against Tk. 0.50 for July-September, 2014; EPS was Tk. 1.96 for January-September, 2015 as against Tk. 1.33 for January-September, 2014. NOCFPS was Tk. (9.86) for January-September, 2015 as against Tk. (8.01) for January-September, 2014. NAV per share was Tk. 53.57 as of September 30, 2015 and Tk. 54.95 as of December 31, 2014.
- 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 October 17, 2015 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the period ended on September 30, 2015.
- 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.
- Land Purchase
The Company has informed that the Board of Directors has decided to purchase a land measuring area of 160.25 decimal at Chorekhai, Kotowali, Mymensingh for construction of it's warehouse. The approximate cost to purchase the land and construction of warehouse will be Tk. 6.20 crore.
- Query Response
In response to a DSE query dated August 02, 2015, 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 CSE query dated July 27, 2015, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Dividend Disbursement
The Company has informed that the cash dividend for the year 2014 has been disbursed to the respective shareholders' Bank Accounts through BEFTN System. Dividend warrants also have been dispatched through registered post for those shareholders who do not have compitable BEFTN online bank account. In case of non-receipt of Dividend into bank account or dividend warrant, shareholders are requested to collect the same from the Share Department of the Company's registered or corporate office of Dhaka.
- Category Change
The Company will be placed in "A" category from existing "N" category with effect from July 23, 2015 as the Company has reported disbursement of 10% cash dividend for the year ended on December 31, 2014.
- Half Yearly Financials
(H/Y Un-audited): Net Profit after tax from Jan'15-June'15 was Tk. 185.19 million with EPS of Tk. 1.08 as against Tk. 31.87 million and Tk. 0.20 respectively for the same period of the previous year. Whereas Net Profit/(Loss) after tax from April'15-June'15 was Tk. 155.73 million with EPS of Tk. 0.88 as against Tk. (8.70) million and Tk. (0.05) respectively for the same period of the previous year.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA-" in the long term and "ST-3" in the short term along with a stable outlook in consideration of its audited financials up to December 31, 2014, unaudited financials up to March 31, 2015 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Query Response
In response to a DSE query dated May 27, 2015, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.<br>
- Q1 Financials
(Repeat): (Q1 Un-audited): Net Profit after tax from Jan15 to March15 was Tk. 29.46 million with EPS of Tk. 0.18 as against Tk. 40.57 million and Tk. 0.26 respectively for the same period of the previous year.<br>
- Q1 Financials
(Q1 Un-audited): Net Profit after tax from Jan15 to March15 was Tk. 29.46 million with EPS of Tk. 0.18 as against Tk. 40.57 million and Tk. 0.26 respectively for the same period of the previous year.
- Resumption News after Record Date
Normal trading of the shares of the Company will resume on 14.05.2015 after record date.
- Suspension News for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 13.05.2015.
- Spot News for AGM
Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 11.05.2015 to 12.05.2015. Trading of the shares of the Company will remain suspended on record date i.e., 13.05.2015.
- Dividend Declaration
The Board of Directors has recommended 10% cash dividend for the year ended on December 31, 2014. Date of AGM: 15.06.2015, Time: 3:00 PM, Venue: The Institution of Engineers Bangladesh, Chittagong Center, S.S. Khaled Road, Chittagong. Record Date: 13.05.2015. The Company has also reported Net Profit of Tk. 116.03 million, Basic EPS of Tk. 0.74 and Diluted EPS of Tk. 0.73, NAV per share of Tk. 54.95 and NOCFPS of Tk. (5.15) for the year ended on December 31, 2014.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (04.05.2015) following its corporate declaration.
- Board Meeting schedule under LR 30
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on April 30, 2015 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2014.
- Trade Debut
Trading of the shares of Bangladesh Steel Re-Rolling Mills Limited will commence today (April 27, 2015) at DSE under N category. DSE Trading Code for Bangladesh Steel Re-Rolling Mills Limited is BSRMLTD and DSE Company Code is 13238.
- Q3
The Company has reported its profit after tax Tk. 77.54 million and basic EPS Tk. 0.50 for the 3 (three) months ended on 30 September 2014 (Jul 2014Sep 2014) as against profit after tax of Tk. 256.33 million and basic EPS of Tk. 1.64 for the same period of the previous year. It is to be noted that basic EPS has been calculated based on weighted average Pre-IPO paid-up number of shares i.e. 155,851,038 shares for both periods. However, considering Post-IPO 173,351,038 number of shares the Companys basic EPS for the 3 (three) months ended on 30 September 2014 would be Tk. 0.45. For the period of 9 (nine) months (Jan 2014 to Sep 2014) ended on 30 September 2014 profit after tax was Tk. 207.06 million and basic EPS was Tk. 1.33 as against profit after tax of Tk. 656.36 million and basic EPS of Tk. 4.21 for the same period of the previous year. It is to be noted that the said EPS has been calculated based on weighted average Pre-IPO paid-up number of shares i.e. 155,851,038 shares for both periods. However, considering Post-IPO 173,351,038 number of shares, Companys basic EPS would be Tk. 1.19 for 9 (nine) months ended on 30 September 2014 (Jan 2014 to Sep 2014) and NAV per share would be Tk. 51.67 as on 30 September 2014.
- issue Ordinary shares
The Company has informed that the Board of Directors of the Company has decided to issue 40,10,523 Ordinary shares of the Company at a premium of Tk. 28.00 each to convert 12% convertible bond of Tk. 15,24,00,000.00 as per approval of Bangladesh Securities and Exchange Commission. The share will be issued on April 29, 2015 to entitled bond holders. The converted shares shall be locked-in for one year from the date of issue.<br>
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.