CVO Petrochemical Refinery PLC. announcements
328 Dhaka Stock Exchange announcements for CVO Petrochemical Refinery PLC. (CVOPRL) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (20).
- Resumption after record date
Trading of the shares of the Company will resume on 28.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 25.11.2021.
- Spot News
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 23.11.2021 to 24.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 25.11.2021.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (0.57) for July-September 2021 as against Tk. (0.68) for July-September 2020; NOCFPS was Tk. (0.31) for July-September 2021 as against Tk. 4.09 for July-September 2020. NAV per share was Tk. 10.91 as on September 30, 2021 and Tk. 11.55 as on June 30, 2021.
- 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 14, 2021 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.
- Dividend Declaration (Additional Information)for Record Date (Correction)
(Correction): Reference to the news of dividend declaration disseminated by DSE on 28.10.2021, please be informed that approval from BSEC in connection with bonus shares is not applicable for the company as per BSEC Notification No. BSEC/CMRRCD/2009-193/23/Admin/123; Dated June 30, 2021. Therefore, Record date for entitlement of 10% Stock Dividend for the year ended on June 30, 2021 will be same i.e. 25.11.2021.
- Dividend Declaration (Additional Information) for Record Date
Reference to the news of dividend declaration disseminated by DSE on 28.10.2021, please be informed that approval from BSEC in connection with bonus shares is not applicable for the company as per BSEC Notification No. BSEC/CMRRCD/2009-193/23/Admin/123; Dated June 30, 2021. Therefore, Record date for entitlement of 2.5% Stock Dividend for the year ended on June 30, 2021 will be same i.e. 25.11.2021.
- CVO: Dividend Declaration (Additional Information)
The Company has further informed that 1) The reasons for declarations of stock dividend or bonus shares and purposes or utilization of such retained amount as capital. 2) That the company has declared such stock dividend or bonus shares out of the accumulated profit or retained earnings; and (Cont.)
- Dividend Declaration
(Continuation news of CVOPRL): The Company has also reported EPS of Tk. (2.49), NAV per share of Tk. 11.55 and NOCFPS of Tk. 0.91 for the year ended on June 30, 2021 as against EPS of Tk. (0.51), NAV of Tk. 13.90 and NOCFPS Tk. 1.64 for the same period of the previous year. (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 (28.10.2021) 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 27, 2021 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- Agreement signed with Bangladesh Petroleum Corporation (BPC)
The Company has informed that they have signed a Buy & Sell agreement of Naphtha with Bangladesh Petroleum Corporation (BPC) for the next 05 (five) years. Bangladesh Petroleum Corporation (BPC) has invited to CVO Petrochemical Refinery Limited (CVOPRL) to sign an agreement for Buy & Sell of Naphtha vide their letter dated: 20 September, 2021. And accordingly, the agreement has been signed on 22 September, 2021 at 4:30 PM in the Head office of BPC, Chattogram as per the decision of Board of Directors.
- 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 and increase in volume of shares.
- 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 and increase in volume of shares.
- Query Response
In response to a DSE query dated July 13, 2021, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.
- Q3 Financials (Repeat)
(Repeat): (Q3 Un-audited): EPS was Tk. (0.69) for January-March 2021 as against Tk. 0.04 for January-March 2020; EPS was Tk. (1.97) for July 2020-March 2021 as against Tk. (0.37) for July 2019-March 2020. NOCFPS was Tk. 2.32 for July 2020-March 2021 as against Tk. 2.03 for July 2019-March 2020. NAV per share was Tk. 11.99 as on March 31, 2021 and Tk. 13.90 as on June 30, 2020.
- (Q2 Unaudited) Additional Information
The company has mentioned in their Second Quarter Unaudited report that the turnover of the company was decreased during the period due to non-supply of raw materials (Natural Gas condensate) by the Energy and Mineral Resources Division of the Ministry of Power, Energy and Mineral Resources of Govt. of Bangladesh from 1st July 2020. Consequently, the production of the Company has been remained closed since 7th July 2020 to till date.
- Q2 Financials
(Continuation news of CVOPRL): It is to noted that EPS of the Company was decreased due to increase of net loss during the period. Net Operating Cash Flow per share was increased during the period due to increase of collection of accounts receivable as well as less payment to Suppliers. (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 25, 2021 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.
- Sale Declaration of a Sponsor
Mr. Mansur Alam, one of the Sponsors of the Company, has expressed his intention to sell 11,84,000 shares out of his total holding of 11,84,136 shares of the Company at prevailing market price (in the Block Market) through Stock Exchange (DSE) within next 30 working days.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.