Dragon Sweater & Spinning Limited announcements
187 Dhaka Stock Exchange announcements for Dragon Sweater & Spinning Limited (DSSL) since 2016: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (23).
- Dividend mode change
The Company has informed that the Board of Directors and Shareholders of the Company has approved 5% cash dividend for all shareholders except Sponsor Directors and 5% Stock dividend for all shareholders instead of earlier declared 10% Stock Dividend for the year ended June 30, 2021 in their 22nd AGM which was held on December 29, 2021.
- Resumption after record date
Trading of the shares of the Company will resume on 07.12.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 06.12.2021 for EGM.
- Spot for 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 from 02.12.2021 to 05.12.2021. Trading of the shares of the Company will remain suspended on record date i.e., 06.12.2021 for EGM.
- Change of AGM Date
The Company has further informed that the 22nd AGM of the Company will now be held on December 29, 2021 instead of earlier declared date December 05, 2021 due to unavoidable circumstance. Other information of the AGM will remain unchanged.
- (Continuation of DSSL): by the board subject to the approval of the shareholders in the ensuring EGM as well as other re
(Continuation of DSSL): by the board subject to the approval of the shareholders in the ensuring EGM as well as other regulators. Date of EGM: 29.12.2021, time: 11:30 AM, venue: Digital Platform. (Imperial Convention Center, 68/B DIT Road, Malibagh Chowdhury Para. Dhaka- 1219), Record Date for EGM: 06.12.2021. (end)
The first part of this announcement is missing from the archive. - Decision to hold an EGM to increase the Authorized Capital
The Company has informed that the Board of Directors has decided to Increase the Authorized Capital from Tk. 3000,000,000 to Tk. 8000,000,000.00 divided into 800,000,000 ordinary shares of Tk. 10.00 each. To amend the relevant clause of the memorandum and articles of association of the company in order to increase the authorized capital from Tk. 3000,000,000.00 to Tk. 8000,000,000.00 divided into 800,000,000 ordinary shares of Tk. 10.00 each be and hereby approved (Cont.)
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.36 for July-September 2021 as against Tk. 0.30 for July-September 2020; NOCFPS was Tk. 0.30 for July-September 2021 as against Tk. 0.16 for July-September 2020. NAV per share was Tk. 18.08 as on September 30, 2021 and Tk. 17.72 as on June 30, 2021.
- Resumption after record date
Trading of the shares of the Company will resume on 15.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 14.11.2021.
- 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 from 10.11.2021 to 11.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 14.11.2021.
- 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, 2021 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, 2021.
- The Board of Directors has recommended 10\% Stock Dividend (Subject to the approval of the Shareholders in the 22nd AGM
The Board of Directors has recommended 10\% Stock Dividend (Subject to the approval of the Shareholders in the 22nd AGM and subject to approval of the Bangladesh Securities and Exchange Commission) for the year ended on June 30, 2021. Date of AGM: December 05, 2021, Time: 10:30 AM, Venue: Digital Platform. (Imperial Convention Center. (5th floor, 68/B DIT Road, Malibagh Chowdhury Para. Dhaka 1219), Record Date: notified later - after approval of BSEC. (Cont. 1)
- (Cont. of DSSL): The Company has reported EPS of Tk. 1.22, NAV per share of Tk. 17.72 and NOCFPS of Tk. 0.45 for the yea
(Cont. of DSSL): The Company has reported EPS of Tk. 1.22, NAV per share of Tk. 17.72 and NOCFPS of Tk. 0.45 for the year ended on June 30, 2021 as against Tk. 1.23, Tk. 18.98 and Tk. 1.47 respectively for the same period of the previous year. The Company has also informed that i) Retained amount of bonus share is to be used for continuation of existing BMRE plan and to meet other investment requirements which would reduce borrowing from Banks and increase profit benefiting the shareholders. (Cont. 2)
The first part of this announcement is missing from the archive. - (Cont. of DSSL): ii) Bonus shares is declared out of accumulated profit; iii) The bonus shares are not declared from Cap
(Cont. of DSSL): ii) Bonus shares is declared out of accumulated profit; iii) The bonus shares are not declared from Capital Reserve or Revaluation Reserve or any unrealized Gain or out of Profit earned prior to incorporation of the Company or through reducing Paid up Capital or through doing anything so that the Post Dividend Retained Earnings become negative or a debit balance. (Cont. 3)
The first part of this announcement is missing from the archive. - Dividend Declaration � Record Date for AGM
The Company has informed that the Record date of 22nd AGM of the Company is 14.11.2021
- Dividend Declaration and Proposed Amalgamation
(Cont. of DSSL): The company has also informed that the Board of Directors has considered the proposed amalgamation of the Company with Dragon Sweater Bangladesh Limited. In this regard an amalgamation scheme has been prepared by M/S Aartisan, Chartered Accountants. After discussion the Board approved the amalgamation scheme subject to approval of the Honorable High Court Division of the Supreme Court of Bangladesh (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (25.10.2021) 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 24, 2021 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- In response to a DSE query dated June 22, 2021, the Company has informed that there is no undisclosed price sensitive in
In response to a DSE query dated June 22, 2021, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.32 for January-March 2021 as against Tk. 0.32 for January-March 2020; EPS was Tk. 0.92 for July 2020-March 2021 as against Tk. 0.71 for July 2019-March 2020. NOCFPS was Tk. 0.26 for July 2020-March 2021 as against Tk. 0.21 for July 2019-March 2020. NAV per share was Tk. 17.42 as on March 31, 2021 and Tk. 16.50 as on June 30, 2020.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended on June 30, 2020 to the respective shareholders' BO Accounts on January 26, 2021. The payment of the sale proceeds of fraction bonus shares will be distributed within the stipulated time.
- 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 January 30, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.