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 2025 (26).
- Qualified Opinion and Other matter
The auditor of the company has given the "Qualified Opinion" and "Other matter" paragraph in the Auditor's Report of the company for the year ended on 30 June 2025. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2025/CONFIDCEM_2025.pdf
- Resumption after Record Date
Trading of the shares of the company will resume on 26.11.2025.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 25.11.2025.
- 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 23.11.2025 to 24.11.2025 and trading of the shares will remain suspended on record date i.e., 25.11.2025.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 3.97 for July-September 2025 as against Tk. 3.96 for July-September 2024; Consolidated NOCFPS was Tk. 1.75 for July-September 2025 as against Tk. 0.43 for July-September 2024; Consolidated NAV per share was Tk. 92.66 as on September 30, 2025 and Tk. 88.68 as on June 30, 2025. (cont.) (Cont. news of CONFIDCEM): Reasons for deviation: NAV per share has increased compared to the last audited financial statements due to the profitability generated during the current reporting period, particularly share of profit of equity accounted investees. NOCFPS has increased compared to the same period of last year during the period due to higher collections from customers compared to payments to suppliers, advances, and others. (end)
- 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, 2025 at 4:30 PM to consider, among others, Un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2025.
- Dividend Declaration
The Board of Directors has recommended 10% Cash Dividend for the year ended June 30, 2025. Date of AGM: 28.12.2025; Time: 11:00 AM; Venue/Mode of AGM: Hybrid System (Details about venue will be notified through AGM notice). Record Date: 25.11.2025. (cont.) (Cont. News of CONFIDCEM): The Company has also reported Consolidated EPS of Tk. 11.23, Consolidated NAV per share of Tk. 88.68 and Consolidated NOCFPS of Tk. 0.07 for the year ended June 30, 2025 as against Tk. 8.73 (restated), Tk. 74.75 (restated) and Tk. (2.78) (restated) respectively for the year ended June 30, 2024. (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (02.11.2025) following its corporate declaration.
- 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 30, 2025 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2025.
- Regarding Venue of EGM
Refer to their earlier news disseminated by DSE on 07.09.2025 regarding holding of EGM, the company has further informed that the EGM will be held by using a hybrid system, which combines a physical venue with a virtual platform and the details are as follows: Venue: City Hall Convention Center, 1st Floor, Agrabad Access Road, Chattogram-4100. Virtual Link: https://meetbd.live/7thconfidcemegm.
- Resumption after record date
Trading of the shares of the company will resume on 25.09.2025.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 24.09.2025 for EGM.
- 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 from 22.09.2025 to 23.09.2025 and trading of the shares will remain suspended on record date i.e., 24.09.2025 for EGM.
- Selling entire shareholdings of one of associates and holding EGM
The company has informed that the Board of Directors of the company in its Meeting held on 4th September 2025, among others, has taken the following decisions: 1. Proposal for Selling and Transferring of Company's entire Shareholdings in Confidence Cement Dhaka Limited: In view of the strategic objectives of the company and to meet its immediate financial obligations and exigencies, the Board of Directors (cont.1) (Cont. news of CONFIDCEM): Purchase Agreement between the Company and CPHL subject to approval of the Shareholders in the General Meeting. The Board then fixed the Date, Venue and Record Date for the 7th Extra-Ordinary General Meeting (EGM) as follows: i. Date and time of the 7th EGM: 18th October 2025 at 11:00 AM. ii. Venue of the 7th EGM: Hybrid System (Details about venue will be notified through the EGM Notice). iii. Record Date for the 7th EGM: 24th September 2025. (end) (Cont. news of CONFIDCEM): of the Confidence Cement PLC. (the Company) has considered the proposal to sell and transfer the Company's entire shareholdings in Confidence Cement Dhaka Limited (140,975,157 Ordinary Shares of Tk. 10.00 each) to Confidence Power Holdings Ltd. (CPHL), at an aggregate value of Tk. 1,409,751,570.00 (Taka One Hundred Forty Crore Ninety Seven Lac Fifty One Thousand Five Hundred Seventy) and on such terms and conditions, as per the Share (cont.2)
- Rejection of review of rejected rights issue application
Refer to their earlier news disseminated by DSE on 15.07.2025 regarding reconsideration of Rights Issue Proposal, Bangladesh Securities and Exchange Commission has informed the company that under the Securities and Exchange Commission (Rights Issue) Rules, 2006, there is no provision for review or reconsideration of rejected rights issue applications. Accordingly, the commission has informed the company that their application cannot be reviewed or reconsidered.
- Board decision to sell & transfer entire holding of one of associates
The company has informed that in view of the strategic objectives of the company and to meet its immediate financial obligations and exigencies, the Board of Directors of the Confidence Cement PLC. (the Company) in its meeting held on 4th August 2025 has decided to sell and transfer the Company's entire holding of ordinary shares of Confidence Cement Dhaka Limited, one of associates (cont.) (Cont. news of CONFIDCEM): of the Company, in favor of Confidence Power Holdings Ltd. (CPHL), in consideration value of Tk. 1,409,751,566/- and on such terms and conditions, as per the Share Purchase Agreement between the Company and CPHL subject to prevailing laws, and regulatory requirements. (end)
- Letter to BSEC for reconsideration of Rights Issue Proposal
In connection with their earlier news disseminated by DSE on 30.06.2025, the company has sent a letter to BSEC for reconsideration to revisit the earlier decision regarding their Rights Issue Proposal. To view the letter, please visit the following link: https://www.dsebd.org/Annexure/2025/CONFIDCEM-15.07.25.pdf
- BSEC not in position to accord consent of Rights Share Issuance
The company has informed that the Bangladesh Securities and Exchange Commission (BSEC) has informed the Company vide its letter dated: 29 June 2025 that the Commission is not in a position to accord consent to Confidence Cement PLC for raising of capital of Tk. 1,006,294,205 (Taka One hundred crore sixty-two lac ninety-four thousand two hundred five) only through issuance of Rights shares under Rule 10(4) of the Securities and Exchange Commission (Rights Issue) Rules, 2006.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 2.88 for January-March 2025 as against Tk. 3.00 (restated) for January-March 2024; Consolidated EPS was Tk. 9.67 for July 2024-March 2025 as against Tk. 8.06 (restated) for July 2023-March 2024. Consolidated NOCFPS was Tk. 2.72 for July 2024-March 2025 as against Tk. 2.47 (restated) for July 2023-March 2024. Consolidated NAV per share was Tk. 83.44 as on March 31, 2025 and Tk. 74.75 (restated) as on June 30, 2024. (cont.1) (Cont. news of CONFIDCEM): Net Operating Cash Flow Per Share (NOCFPS) has increased compared to the same period of last year during the period due to decrease of direct and indirect operational costs and income of collection from customers and others. (end) (Cont. news of CONFIDCEM): Net Asset Value (NAV) per share has increased compared to the NAV per share of the last audited financial statements due to added the profitability of the period under consideration. Earnings Per Share (EPS) has increased compared to the EPS of the same period of last year due to the added profit from associate company. (cont.2)
- 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 30, 2025 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2025.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Surveillance entity rating of the Company as "AA3" and short term loan rating "ST-2" along with Stable outlook based on audited financial statements up to June 30, 2024; unaudited financials up to December 31, 2024 and other quantitative as well as qualitative information up to the date of rating declaration.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 2.65 for October-December 2024 as against Tk. 3.33 (restated) for October-December 2023; Consolidated EPS was Tk. 6.62 for July-December 2024 as against Tk. 5.03 (restated) for July-December 2023. Consolidated NOCFPS was Tk. 1.22 for July-December 2024 as against Tk. (1.98) (restated) for July-December 2023. Consolidated NAV per share was Tk. 80.39 as on December 31, 2024 and Tk. 74.75 (restated) as on June 30, 2024. (cont.) (cont. news CONFIDCEM): Net Operating Cash Flow Per Share (NOCFPS) has increased compared to the same period of last year during the period due to decrease of direct and indirect operational costs. Net Asset Value (NAV) per share has increased compared to the NAV of the last audited financial statements due to added the associate company's profit of the period under consideration.(end)
- 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, 2025 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2024.
- Resumption after Record Date
Trading of the shares of the company will resume on 13.01.2025.
- Suspension for Record Date
Trading of the company will remain suspended on record date i.e.,12.01.2025 for EGM.
- Spot for EGM
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 from 08.01.2025 to 09.01.2025 and trading of the shares will remain suspended on record date i.e., 12.01.2025 for EGM.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.