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 2015 (18).
- AGM and EGM date Change
The Company has further informed that due to unavoidable circumstances the forthcoming AGM and EGM of the Company will now be held on December 23, 2015 instead of December 26, 2015. Other information of the AGM and EGM will remain unchanged.
- 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 2015: Basis for Qualified Opinion: i) A fixed asset register is maintained for property, plant equipment but the same does not contain information that normally is kept in such register. ii) The cumulative balance of Workers' Profit Participation & Welfare Fund of Tk. 31,453,063.00 has been remaining undistributed since long 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
- Resumption News after Record date for AGM & EGM
Normal trading of the shares of the Company will resume on 30.11.2015 after record date for AGM and EGM. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.
- Suspension for Record Date for AGM & EGM
Trading of the shares of the Company will remain suspended on record date i.e., 29.11.2015 for AGM and EGM. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.
- Spot News for AGM & EGM
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 25.11.2015 to 26.11.2015. Trading of the shares of the Company will remain suspended on record date i.e., 29.11.2015 for AGM and EGM. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.
- Q1
EPS for July-September, 2015 was Tk. 0.24 as against Tk. 0.27 for July-September, 2014; NOCFPS was Tk. 1.01 for July-September, 2015 as against Tk. 0.38 for July-September, 2014. NAV per share (with revaluation reserve) was Tk. 25.18 as of September 30, 2015 and Tk. 25.00 as of June 30, 2015 and NAV per share (without revaluation reserve) was Tk. 11.46 as of September 30, 2015 and Tk. 11.22 as of June 30, 2015.
- 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 November 12, 2015 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2015.
- Dividend and Rights Declaration
The Board of Directors has recommended 10% stock dividend for the year ended on June 30, 2015. The Board has also decided to increase the Paid up Capital of the Company by issuing 130,730,179 rights shares @ 1.5R:1 (i.e. one and a half Rights share for every share held) at an issue price of Tk. 10.00 each subject to approval at EGM and by the Regulatory Authorities. The purpose of the Rights Issue would be to procure a spinning mill and machinery, business expansion through diversification of product line and for working capital and repayment of outstanding loan etc. Date of AGM & EGM: 26.12.2015, Time of AGM & EGM: 12:00 Noon and 12:30 PM respectively. Venue: Factory premises at Pagar, Tongi, Gazipur. Record date for AGM & EGM: 29.11.2015. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC. The Company has also reported EPS of Tk. 1.09, NAV per share of Tk. 25.00 and NOCFPS of Tk. 3.30 for the year ended on June 30, 2015 as against Tk. 0.92 (restated), Tk. 24.16 (restated) and Tk. 2.39 (restated) respectively for the year ended on June 30, 2014.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (09.11.2015) following its corporate declaration.
- Imposing Fine upon Directors of the Company
BSEC News: BSEC has fined Tk. 2.00 lac each to Mr. Giasuddin Quader Chowdhury (Managing Director), Mr. Saifuddin Quader Chowdhury (Chairman/Director), Mr. Sameer Quader Chowdhury (Director), Mrs. Meena Parveen Quader Chowdhury (Director) and Mrs. Samiha Quader Chowdhury (Director) of The Dacca Dyeing & Manufacturing Co. Ltd., for non-compliance with the securities related laws.
- Reschedule of Board Meeting
The Company has further informed that the meeting of the Board of Directors of the Company will now be held on November 08, 2015 instead of November 02, 2015 to consider, among others, audited financial statements of the Company for the year ended on June 30, 2015. Other information will remain unchanged.
- Query Response
In response to a DSE query dated June 22, 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 June 14, 2015, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- new Chairman
The Company has informed that the Board of Directors has elected Mr. Giasuddin Quader Chowdhury as the Chairman of the Company and appointed Mr. Sameer Quader Chowdhury as Managing Director of the Company.<br>
- Q3
Net Profit after tax from Jan15 to March15 was Tk. 14.04 million with EPS of Tk. 0.18 as against Tk. 46.65 million and Tk. 0.59 respectively for the same period of the previous year. Whereas Net Profit after tax from July14 to March15 was Tk. 49.53 million with EPS of Tk. 0.63 as against Tk. 112.14 million and Tk. 1.42 respectively for the same period of the previous year.
- Half Yearly Financials
Net Profit after tax from July14 to Dec14 was Tk. 35.48 million with EPS of Tk. 0.45 as against Tk. 65.49 million and Tk. 0.83 respectively for the same period of the previous year. Whereas profit after tax from Oct14 to Dec14 was Tk. 14.39 million with EPS of Tk. 0.18 as against Tk. 45.27 million and Tk. 0.57 respectively for the same period of the previous year.
- credited the bonus shares
The Company has informed that it has credited the bonus shares for the year ended on June 30, 2014 to the respective shareholders BO Account on January 15, 2015.
- DSE query
In response to a DSE query dated January 12, 2015, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.