Doreen Power Generations and Systems Limited announcements
183 Dhaka Stock Exchange announcements for Doreen Power Generations and Systems Limited (DOREENPWR) since 2016: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (19).
- Furnishing e-TIN Number, Margin Loan & tax rebate certification
The Company has requested the concerned Brokerage houses and Merchant bankers to provide with a statement with the details (shareholders' name, BO ID Number, e-Tin number, gross dividend receivable, applicable tax rate and net dividend receivables) of their margin loan holders who hold shares of the Company as on the Record date along with the name of the contact person in this connection. (cont.) (Continuation news of DOREENPWR): The Brokerage houses and Merchant bankers are also requested to provide their Bank account name, routing number etc. on or before December 07, 2017. The Company has also requested the concerned trusty board of approved superannuation fund or pension fund or gratuity fund or recognized provident fund or workers participation fund to provide updated tax rebate certification on or before December 07, 2017. (end)
- Resumption after record date
Trading of the shares of the Company will resume on 16.11.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 15.11.2017.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 2.59 for July-September, 2017 as against Tk. 1.85 for July-September, 2016; Consolidated NOCFPS was Tk. 6.13 for July-September, 2017 as against Tk. (1.44) for July-September, 2016. Consolidated NAV per share with revaluation was Tk. 38.62 as on September 30, 2017 and Tk. 35.96 as on June 30, 2017.
- 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 13.11.2017 to 14.11.2017. Trading of the shares of the Company will remain suspended on record date i.e., 15.11.2017.
- 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, 2017 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, 2017.
- Dividend Declaration
The Board of Directors has recommended 10% cash dividend for shareholders excluding the Sponsors/Directors and 10% stock dividend for all shareholders for the year ended on June 30, 2017. The Sponsors/Directors hold 72 million shares out of total 96 million shares of the Company and the cash dividend to be payable to the General shareholders is Tk. 24.00 million. Date of AGM: 11.12.17, Time: 11:00 AM, Venue: Trust Milonayaton, 545 old Air Port Road, Dhaka Cantonment, Dhaka. Record Date: 15.11.2017. (cont.) (Continuation news of DOREENPWR): The Company has also reported Consolidated EPS of Tk. 7.57, Consolidated NAV per share (with revaluation) of Tk. 35.96, and Consolidated NOCFPS of Tk. 11.90 for the year ended on June 30, 2017 as against Tk. 0.64, Tk. 34.34 and Tk. 1.13 respectively for the same period of the previous year. (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (24.10.2017) 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 23, 2017 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
- Consent accorded from BSEC to acquire shares from its subsidiary
The Company has informed that Dhaka Southern Power Generations Limited (DSPGL), a subsidiary of Doreen Power Generations and Systems Limited (DPGSL) has allotted 50,66,700 Ordinary shares of Tk. 100.00 each to DPGSL (against share money deposit) after getting consent from the BSEC vide letter No. BSEC/CI/CPLC (Pvt.)-653/2015/318 dated July 02, 2017. After this allotment of the shares, holding of DPGSL in the books of DSPGL has been increased to 99.14% from 96.78%.
- Issuance of Letter of Intent by BPDB
The Company has informed that Bangladesh Power Development Board (BPDB) vide their Memo dated May 15, 2017 has issued the Letter of Intent (LOI) for a HFO Fired Power Generation Facility of 115 MW Capacity at Chandpur, Bangladesh to the Consortium of Doreen Power Generations and Systems Ltd. and Doreen Power House & Technologies Limited. (cont.) (continuation news of DOREENPWR): Doreen Power Generations and Systems Limited has 60% shares in the consortium. The required commercial operation date (COD) of the power plant is 18 months from the signing of Power Purchase Agreement (PPA) with BPDB and contract period will be 15 years from the COD. (end)
- Q3 Financials (Revised information)
With reference to their earlier news regarding Un-audited Q3 Financials (disseminated by DSE on 17.04.2017), the Company has further informed that the Consolidated EPS for January-March, 2016 would be actually Tk. (0.06) (restated) instead of earlier declared Tk. 0.06 (restated) (which were inadvertently reported by the Company). Other information will remain unchanged.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 2.03 for January-March, 2017 as against Tk. 0.06 (restated) for January-March, 2016; Consolidated EPS was Tk. 5.69 for July, 2016-March, 2017 as against Tk. 0.35 (restated) for July, 2015-March, 2016. Consolidated NOCFPS was Tk. 3.77 for July, 2016-March, 2017 as against Tk. 1.78 (restated) for July, 2015-March, 2016.(cont.) (Continuation news of DOREENPWR): Consolidated NAV per share (with Revaluation) was Tk. 34.09 as of March 31, 2017 and Tk. 34.34 as of June 30, 2016 and Consolidated NAV per share (without Revaluation) was Tk. 26.26 as of March 31, 2017 and Tk. 24.67 as of June 30, 2016.(end)
- 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 April 16, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.
- Allotment of shares of DNPGL to the Company
The Company has informed that Dhaka Northern Power Generations Limited (DNPGL), a subsidiary of Doreen Power Generations and Systems Limited (DPGSL) has allotted 58,54,200 ordinary shares of Tk. 100.00 each to DPGSL (against shares money deposit) after getting consent from the BSEC vide letter No. BSEC/CL/CPLC (Pvt.)-654/2015/1245 dated March 07, 2017. After this allotment of the shares, holding of DPGSL in the books of DNPGL has been increased to 99.40% from 98.52%.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 1.81 for October-December, 2016 as against Tk. 0.18 for October-December, 2015; Consolidated EPS was Tk. 3.66 for July-December, 2016 as against Tk. 0.41 for July-December, 2015. Consolidated NOCFPS was Tk. 2.27 for July-December, 2016 as against Tk. 1.36 for July-December, 2015. Consolidated NAV per share with revaluation was Tk. 32.06 as of December 31, 2016 and Tk. 34.34 as of June 30, 2016. Consolidated NAV per share without revaluation was Tk. 24.16 as of December 31, 2016 and Tk. 24.67 as of June 30, 2016.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on June 30, 2016 to the respective shareholders' BO Account on December 21, 2016 and it has also disbursed cash dividend to the Bank Accounts of the shareholders through BEFTN.
- Category Change
The Company will be placed in 'A' category from existing 'N' category with effect from January 12, 2017 as the Company has reported disbursement of 10% cash dividend for its General Shareholders and 20% Stock dividend for all shareholders for the year ended on June 30, 2016.
- Prohibition on providing loan facilities to purchase securities
DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase any security of Doreen Power Generation and Systems Limited in between 1st to 30th trading day after change of categorization,with effect from January 12, 2017 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.