Confidence Cement PLC announcements
335 Dhaka Stock Exchange announcements for Confidence Cement PLC (CONFIDCEM) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (17).
- Special resolution regarding name change of the company
(Continuation news of CONFIDCEM): accordance with the Companies act 1994 (2nd amendment 2020) and to amendment in the relevant clauses of the Memorandum and Articles of Association of the company be and is hereby approved subject to approval of regulatory authorities. It has further been resolved that the old name of the company will be replaced by the new name in all the statutory/title documents, licenses and other relevant documents. (end)
The first part of this announcement is missing from the archive. - Resumption after record date
Trading of the shares of the Company will resume on 06.12.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 05.12.2022.
- Q1 Financials
(Continuation news of CONFIDCEM): high Raw Material price in the International Market and foreign currency fluctuation loss. Consolidated NOCFPS has been increased due to increased selling price and lower payments to the suppliers. Consolidated NAVPS has been increased due to taking the added profitability of the period under consideration. (end)
The first part of this announcement is missing from the archive. - 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 01.12.2022 to 04.12.2022. Trading of the shares will remain suspended on record date i.e., 05.12.2022.
- Qualified Opinion
(Continuation news of CONFIDCEM): the Company required to transfer the unclaimed dividend remained unpaid for three (3) years or more to Bangladesh Securities and Exchange Commission (Capital Market Stabilization Fund). The company has not yet transferred Tk. 79,135,305 unclaimed dividend to the abovementioned fund.(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 November 30, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
- Dividend Declaration
(Continuation news of CONFIDCEM): sales drop, price hike of raw materials in international market, devaluation of BDT against foreign currencies especially US Dollars as well as loss incurred from one of associate company -Confidence Batteries Ltd. NOCFPS has decreased compared to last year due to increase of payment to suppliers and others as than collection from customers, drop of sales, investment in associate company- Confidence Cement Dhaka Ltd and subsidiary company-Zodiac Logistics Ltd. (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 (15.11.2022) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, 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 November 14, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Transmission of Deceased Sponsor Director's shares to his successors
The Company has informed that Mr. Shah Muhammed Hasan, one of the Sponsor Directors of the Company passed away on 26.02.2021. His holdings 29,12,587 shares will be transmitted among his successors according to the Succession Certificate issued by the Honorable Court.
- Q3 Financials
(Continuation news of CONFIDCEM): EPS has decreased due to drop of sales, significant increased of operating and finance cost. NOCFPS has decreased due to increase of payment to the suppliers, advances and others as than collection from customers. NAV has increased due to increase the share of profit portion from associate companies and increased the advances, deposits and prepayments. (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 May 12, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.
- Material Information
(Continuation news of CONFIDCEM): Confidence Power Limited with 9% and Electropac Industries Limited with 9% shareholding. Confidence Power Holdings Limited (CPHL) is one of the associate companies of Confidence Cement Limited having 36% stake in its (CPHL) equity capital. (end)
The first part of this announcement is missing from the archive. - Q2 Financials
(Continuation news of CONFIDCEM): The company has also informed that NAV per share has increased due to increase of capital work in progress and the share of profit portion from associate companies. EPS has decreased because of not to achieve the target sales quantity, high raw material price in the international market and foreign currency fluctuation loss. NOCFPS has decreased due to increase of payment to suppliers and others as than collection from customers. (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 31, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.