Delta Spinners Limited announcements
288 Dhaka Stock Exchange announcements for Delta Spinners Limited (DELTASPINN) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2014 (24).
- Trade resume
Normal trading of the shares of the Company will resume on 21.12.2014 after record date.
- Trade suspended on record date
Trading of the shares of the Company will remain suspended on record date i.e., 18.12.2014 for EGM.
- 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 from 15.12.2014 to 17.12.2014. Trading of the shares of the Company will remain suspended on record date i.e., 18.12.2014 for EGM.
- EGM
The Company has further informed that the Board of Directors of the Company has decided to hold an EGM to modify the purpose of utilization of the Rights Issue Fund raised in August, 2014 subject to the approval of Bangladesh Securities and Exchange Commission and EGM. The modified purposes proposed by the Board are given as below: a) Balancing, Modernization and Replacement of the existing textile spinning mill will be made with an investment of Tk. 15.75 crores instead of Tk. 17.20 crores shown earlier in the Rights Offer Document (ROD). b) Expansion through product diversification will be done by setting-up a modern state-of-the-art 100% export oriented Textile Spinning Unit with a total investment outlay of Tk. 65.35 crores instead of Tk 55.55 crores because the spinning project is expected to be more profitable than the weaving project which was shown earlier in the ROD. c) Partial repayment of loan of the Financial Institutions will be made to Agrani Bank Ltd., Bangladesh Development Bank Ltd. (BDBL), Premier Leasing & Finance Ltd. (PLFL) and Southeast Bank Ltd. amounting to Tk. 28.50 crores instead of Tk. 18.35 crores envisaged earlier in the ROD because by repaying higher interest bearing loan liabilities, the Company's financial position will be better off. d) The Board also observed that the Rights Issue Expense will remain unchanged at Tk. 62.56 lacs as per ROD. e) Total fund requirement for the above purposes will, therefore, be Tk. 110.23 crores instead of Tk. 91.73 crores envisaged earlier in the ROD. The Board of Directors decided to raise the additional money amounting to Tk. 18.50 crores from a suitable financial institution at a lower rate of interest. Date of EGM:10.01.2015, Time:11:00 AM, Venue: Pallima Sangshad Auditorium, C-841, Shahid Baki Road, (adjacent to Anser Head Quarter), Khilgaon, Dhaka-1219. Record date for EGM:18.12.2014.
- 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 consolidated net profit after tax (excluding non-controlling interests) of Tk. 12.98 million with consolidated EPS of Tk. 0.15 as against Tk. 13.40 million and Tk. 0.29 respectively for the same period of the previous year. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>
- has credited the bonus shares
The Company has informed that it has credited the Rights shares to the respective shareholders' BO Account on September 18, 2014.
- trade resume
Normal trading of the shares of the Company will resume on 18.08.2014 after record date.
- trade suspension
Trading of the shares of the Company will remain suspended on record date i.e., 14.08.2014.
- Spot Market Transaction
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 12.08.2014 to 13.08.2014. Trading of the shares of the Company will remain suspended on record date i.e., 14.08.2014.
- recommended 10% cash dividend
The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2014. Date of AGM: 30.08.2014, Time: 11:30 AM, Venue: Factory premises of the Company at Kaltapara, Gouripur, Mymensingh. Record date: 14.08.2014. The Company has also reported consolidated profit after tax of Tk. 64.90 million, consolidated EPS of Tk. 1.41, consolidated NAV per share (including revaluation) of Tk. 27.26 and consolidated NOCFPS of Tk. 2.98 for the year ended on June 30, 2014 as against Tk. 47.80 million. Tk. 1.04, Tk. 26.82 and Tk. (0.05) respectively for the year ended on June 30, 2013.
- no price limit
There will be no price limit on the trading of the shares of the Company on 05.08.2014 following its corporate declaration.
- 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 August 04, 2014 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2014.
- Normal trading of the shares of the Company will resume on 29.04.2014 after record date.
Normal trading of the shares of the Company will resume on 29.04.2014 after record date.
- Trading of the shares of the Company will remain suspended on record date i.e., 28.04.2014 for entitlement of Rights sha
Trading of the shares of the Company will remain suspended on record date i.e., 28.04.2014 for entitlement of Rights shares.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be
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 the entitlement of Rights shares from 24.04.2014 to 27.04.2014. Trading of the shares of the Company will remain suspended on record date i.e., 28.04.2014.
- Q3 Earnings
As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported consolidated net profit after tax (excluding non-controlling interest) of Tk. 27.65 million with consolidated EPS of Tk. 0.60 as against Tk. 13.29 million and Tk. 0.29 respectively for the same period of the previous year. Whereas consolidated net profit after tax (excluding non-controlling interest) was Tk. 56.75 million with consolidated EPS of Tk. 1.24 for the period of nine months (July'13 to March'14) ended on 31.03.2014 as against Tk. 39.67 million and Tk. 0.86 respectively for the same period of the previous year.
- (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 consolidated net profit after tax (excluding non-controlling interest) of Tk. 27.65 million with consolidated EPS of Tk. 0.60 as against Tk. 13.29 million and Tk. 0.29 respectively for the same period of the previous year. Whereas consolidated net profit after tax (excluding non-controlling interest) was Tk. 56.75 million with consolidated EPS of Tk. 1.24 for the period of nine months (July'13 to March'14) ended on 31.03.2014 as against Tk. 39.67 million and Tk. 0.86 respectively for the same period of the previous year.
- The Company has further informed that the subscription period for rights issue will be from 05.08.2014 to 31.08.2014. Re
The Company has further informed that the subscription period for rights issue will be from 05.08.2014 to 31.08.2014. Record date for entitlement of rights share: 28.04.2014.
- The Company has informed that Bangladesh Securities and Exchange Commission (BSEC) vide its letter dated April 01, 2014
The Company has informed that Bangladesh Securities and Exchange Commission (BSEC) vide its letter dated April 01, 2014 has approved the Rights offer of Delta Spinners Limited for 91,725,600 ordinary shares of Tk. 10.00 each at par totaling Tk. 91,72,56,000.00 at a ratio of 2R:1, i.e. two Rights shares for one existing share. The approval has been accorded subject to the condition that the Company shall comply with the requirements embodied in the Securities and Exchange Commission (Rights Issue) Rules, 2006 and other relevant laws and Regulatory Requirements, and shall also adhere to the conditions imposed by BSEC under Section-2CC of the Securities and Exchange Ordinance, 1969. (cont.)
- (continuation of news of DELTASPINN): The purpose of issuance of Rights shares is to Balancing, Modernization and Replac
(continuation of news of DELTASPINN): The purpose of issuance of Rights shares is to Balancing, Modernization and Replacement (BMR) of the existing textile spinning mill, Expansion through product diversification, Partial repayment of Long Term Lease/Long Term Loans of the Financial Institutions. (end)
The first part of this announcement is missing from the archive. - Credit Rating
WASO Credit Rating Company (BD) Ltd. (WCRCL) has announced the surveillance rating of the Company as "BBB1" for long term and "P3" for short term based on latest audited financial statements of the Company for the year 2012-2013 and other relevant quantitative and qualitative information of the Company.
- WASO Credit Rating Company (BD) Ltd. (WCRCL) has announced the surveillance rating of the Company as "BBB1" for long ter
WASO Credit Rating Company (BD) Ltd. (WCRCL) has announced the surveillance rating of the Company as "BBB1" for long term and "P3" for short term based on latest audited financial statements of the Company for the year 2012-2013 and other relevant quantitative and qualitative information of the Company.
- H/Y Earnings
As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported consolidated net profit after tax (excluding non controlling interests) of Tk. 29.11 million with consolidated EPS of Tk. 0.63 as against Tk. 26.38 million and Tk. 0.58 respectively for the same period of the previous year. Whereas consolidated net profit after tax (excluding non controlling interests) was Tk. 15.70 million with consolidated EPS of Tk. 0.34 for the period of 3 months (Oct'13 to Dec'13) ended on 31.12.2013 as against Tk. 7.45 million and Tk. 0.16 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 consolidate
(H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported consolidated net profit after tax (excluding non controlling interests) of Tk. 29.11 million with consolidated EPS of Tk. 0.63 as against Tk. 26.38 million and Tk. 0.58 respectively for the same period of the previous year. Whereas consolidated net profit after tax (excluding non controlling interests) was Tk. 15.70 million with consolidated EPS of Tk. 0.34 for the period of 3 months (Oct'13 to Dec'13) ended on 31.12.2013 as against Tk. 7.45 million and Tk. 0.16 respectively for the same period of the previous year.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.