Dhaka Electric Supply Company Limited announcements
295 Dhaka Stock Exchange announcements for Dhaka Electric Supply Company Limited (DESCO) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (15).
- Declaration of sale
Bangladesh Power Development Board (BPDB), one of the Corporate Sponsors of the Company, has expressed intention to sell 2,93,10,425 shares out of its total holding of 29,31,04,259 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within next 30 working days.
- Resumption after record date
Trading of the shares of the Company will resume on 20.11.2016 after record date.
- Suspension for record date
Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2016.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.57 for July-September, 2016 as against Tk. 0.67 for July-September, 2015; NOCFPS was Tk. (0.16) for July-September, 2016 as against Tk. 1.05 for July-September, 2015. NAV per share was Tk. 37.83 as of September 30, 2016 and Tk. 37.04 as of June 30, 2016.
- Spot for AGM
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 15.11.2016 to 16.11.2016. Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2016.
- 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 13, 2016 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2016.
- 10% shares off-load/sale
The Company has informed the following:"This is to certify that Bangladesh Power Development Board (BPDB), Biddut Bhaban, 1 Abdul Goni Road, Dhaka-1000 is a Corporate Sponsor of Dhaka Electric Supply Co. Ltd. (DESCO). As per Government instruction, BPDB is to off-load/sale 10% shares of DESCO out of its total holding of 293,104,259 shares which is 73.72% of total shares of the Company. "
- Dividend Declaration
The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2016. Date of AGM: 07.01.2017, Time: 10:00 AM, Venue: PSC Convention Hall, Mirpur-14, Dhaka-1206. Record Date: 17.11.2016. The Company has also reported EPS of Tk. 1.12, NAV per share of Tk. 37.04 and NOCFPS of Tk. 8.23 for the year ended on 30.06.2016 as against Tk. 4.11, Tk. 32.53 and Tk. 7.88 respectively for the year ended on 30.06. 2015.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (23.10.2016) following its corporate declaration.
- Board Meeting
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 20, 2016 at 5:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2016.
- Q3 Financials
EPS was Tk. (0.24) for January-March, 2016 as against Tk. 0.77 for January-March, 2015; EPS was Tk. 1.12 for July, 2015-March, 2016 as against Tk. 2.90 for July, 2014-March, 2015. NOCFPS was Tk. 3.99 for July, 2015-March, 2016 as against Tk. 1.32 for July, 2014-March, 2015. NAV per share was Tk. 34.96 as of March 31, 2016 and Tk. 32.53 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 April 27, 2016 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2016.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on June 30, 2015 to the respective shareholders' BO Accounts and it has also disbursed cash dividend to the respective shareholders' bank accounts through Bangladesh Electronic Fund Transfer Network (BEFTN) system.
- Q2 Financials
EPS was Tk. 0.68 for October-December, 2015 as against Tk. 1.19 for October-December, 2014; EPS was Tk. 1.36 for July-December, 2015 as against Tk. 2.13 for July-December, 2014. NOCFPS was Tk. 2.17 for July-December, 2015 as against Tk. 1.79 for July-December, 2014. NAV per share was Tk. 36.76 as of December 31, 2015 and Tk. 34.15 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 January 24, 2016 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2015.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.