The Dacca Dyeing & Manufacturing Company Limited announcements
280 Dhaka Stock Exchange announcements for The Dacca Dyeing & Manufacturing Company Limited (DACCADYE) since 2009: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2014 (14).
- AGM rescheduled
The Company has further informed that due to unavoidable circumstances, the 36th AGM of the Company will now be held on December 31, 2014 at 11:30 AM instead of December 12, 2014. Other information of the AGM will remain unchanged.
- Qualified Audit Report
(Qualified Audit Report): The auditor of the company has given the following qualified opinion in the audit report of the company for the year ended on 30 June 2014: Basis for Qualified Opinion: I. A fixed asset register is maintained for property, plant equipment valued Tk. 2,589,077,144; but the same does not contain information that normally are kept in such Register and as required by section181, Company Act 1994. II.The management is of the view that the treatment of depreciation on revalued asset has been carried out in the light of relevant provision of BAS-1 as amended upto date and made effective from 01 January 2013 in Bangladesh, and accordingly the depreciation on revalued asset has been shown under the group 'Other Comprehensive Income' in the 'Statement of Profit or Loss and Other Comprehensive Income'; as Para 7 of the aforesaid BAS-1 says that 'Other Comprehensive Income' is to be shown separately and total comprehensive income shall comprise profit or loss items and other comprehensive income. The management however did not calculate EPS on net profit after deduction of item of depreciation expense on revalued asset shown in other comprehensive income. III.The cumulative balance of Workers' Profit Participation & Welfare Fund of Tk. 26,339,453.00 has been remaining undistributed since its inception and the company did not follow provision of Chapter XV of Bangladesh Labour (Amendments) Act, 2013 for the distribution and creation of trust/welfare fund.
- trade resume
Normal trading of the shares of the Company will resume on 26.11.2014 after record date.
- trade suspension
Trading of the shares of the Company will remain suspended on record date i.e., 25.11.2014.
- Spot Market and Block/Odd lot transactions
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 23.11.2014 to 24.11.2014. Trading of the shares of the Company will remain suspended on record date i.e., 25.11.2014.
- 10% stock dividend
The Board of Directors has recommended 10% stock dividend for the year ended on June 30, 2014. Date of AGM: 12.12.2014, Time: 10:00 AM, Venue: Factory premises at Pagar, Tongi, Gazipur. Record date: 25.11.2014. The Company has also reported EPS of Tk. 1.02, NAV per share of Tk. 26.58 and NOCFPS of Tk. 4.64 for the year ended on June 30, 2014 as against Tk. 0.92 (restated), Tk. 25.86 (restated) and Tk. 2.61 (restated) respectively for the year ended on June 30, 2013. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>
- no price limit
There will be no price limit on the trading of the shares of the Company today (16.11.2014) following its corporate declaration. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>
- Q1
As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported net profit after tax of Tk. 21.09 million with basic EPS of Tk. 0.29 as against Tk. 20.22 million and Tk. 0.28 respectively for the same period of the previous year. However, considering proposed bonus share @ 10% for the year 2014, restated basic EPS will be Tk. 0.26 as on 30.09.2014 and Tk. 0.25 as on 30.09.2013. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>
- Board Meeting
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on November 13, 2014 at 6:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2014.
- (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2014 (Jan'14 to March'14), the Compan
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported net profit after tax of Tk. 46.65 million with EPS of Tk. 0.65 as against Tk. 13.47 million and Tk. 0.19 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 112.14 million with EPS of Tk. 1.56 for the period of nine months (July'13 to March'14) ended on 31.03.2014 as against Tk. 117.57 million and Tk. 1.63 respectively for the same period of the previous year.
- (H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported net profit
(H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported net profit after tax of Tk. 65.49 million with EPS of Tk. 0.91 as against Tk. 104.42 million and Tk. 1.45 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 45.27 million with EPS of Tk. 0.63 for the period of 3 months (Oct'13 to Dec'13) ended on 31.12.2013 as against Tk. 65.45 million and Tk. 0.91 respectively for the same period of the previous year.
- Right issue Rejected by BSEC
BSEC has regretted its inability to consider the application of The Dacca Dyeing & Manufacturing Company Ltd. for extension of time to submit rights share offer document as well as the rights offer as the Company has failed to comply with the prior requirements of rights issue as per rule 3(f) & 3(g) of the Securities and Exchange Commission (Rights Issue) Rules, 2006.
- BSEC has regretted its inability to consider the application of The Dacca Dyeing & Manufacturing Company Ltd. for extens
BSEC has regretted its inability to consider the application of The Dacca Dyeing & Manufacturing Company Ltd. for extension of time to submit rights share offer document as well as the rights offer as the Company has failed to comply with the prior requirements of rights issue as per rule 3(f) & 3(g) of the Securities and Exchange Commission (Rights Issue) Rules, 2006.
- The Company has informed that it has credited the bonus shares for the year ended on June 30, 2013 to the respective sha
The Company has informed that it has credited the bonus shares for the year ended on June 30, 2013 to the respective shareholders' BO Accounts on January 21, 2014.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.