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 2022 (31).
- Category Change
The Company will be placed in 'B' category from existing 'A' category with effect from January 01, 2023 as the Company has approved 2% cash dividend for the year ended June 30, 2022.
- Resumption after record date
Trading of the shares of the Company will resume on 01.12.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 30.11.2022.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 28.11.2022 to 29.11.2022. Trading of the shares of the Company will remain suspended on record date i.e., 30.11.2022.
- The auditor of the Dragon Sweater and Spinning Limited has given the \"Emphasis of Matters\" paragraphs in the Auditor\'
The auditor of the Dragon Sweater and Spinning Limited has given the \"Emphasis of Matters\" paragraphs in the Auditor\'s Report for the year ended June 30, 2022. Emphasis of Matters: We refer note no 3.09 regarding WPPF central fund contribution and the tax provision made on the reversed balance available in WPPF liability account until previous year. We also refer to note no:28.8(a) regarding the (cont.1)
- (Continuation news of DSSL): company\'s statements relevant to the closing balances with intercompany receivables. Our o
(Continuation news of DSSL): company\'s statements relevant to the closing balances with intercompany receivables. Our opinion is not modified in respect of these matters. Note 3.09 Employee Benefit: As an 100\% export oriented RMG sector company, DSSL is entitled to 0.03\% central WPPF fund contribution as per circular no FEPG (Roftani Niti)220/2016-18, Dated 12.06.2016. As the company is entitled to WPPF central (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of DSSL): fund (note 23.01), previous balance Tk. 13,877,965/- which was provisioned under Sec 234 of
(Continuation news of DSSL): fund (note 23.01), previous balance Tk. 13,877,965/- which was provisioned under Sec 234 of Bangladesh Labour Act-2006 @5\% on profit before tax in preceding years has been credited to non operating income through providing debit entry is liability for WPPF account for the similar amount. Income Tax Provision has been made on the reversed amount 22.5\%. Note 28.08 (a) Related Party Disclosures: a) Company under common (cont.3)
The first part of this announcement is missing from the archive. - Emphasis of Matters
(Continuation news of DSSL): directorship: The balance as on 30 June 2022 and as on 30 June 2021 was Tk. 473,291,099 and Tk. 413,453,843 respectively with Dragon Sweater (BD.) Ltd. The balance as on 30 June 2022 and as on 30 June 2021 was Tk. 189,407,323 and Tk. 142,227,421 respectively with CD Acrylic (BD) Ltd. The balance as on 30 June 2022 and as on 30 June 2021 was Tk. 442,470,645 and Tk. 388,734,123 respectively with Imperial Sweater (BD.) Ltd. (end)
The first part of this announcement is missing from the archive. - Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.17 for July-September 2022 as against Tk. 0.36 for July-September 2021; NOCFPS was Tk. 0.33 for July-September 2022 as against Tk. 0.30 for July-September 2021. NAV per share was Tk. 17.83 as on September 30, 2022 and Tk. 17.67 as on June 30, 2022.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (10.11.2022) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
- Dividend Declaration
The Board of Directors has recommended 2% cash dividend for the year ended June 30, 2022. Date of AGM: 29.12.2022, Time: 11:00 AM, Venue: Digital Platform. Record date: 30.11.2022. The Company has also reported EPS of Tk. 1.10, NAV per share of Tk. 17.67 and NOCFPS of Tk. 0.002 for the year ended June 30, 2022 as against Tk. 1.16, Tk. 16.88 and Tk. 0.429 respectively for the same period of the previous year.
- 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, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that, the Board meeting under LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on November 09, 2022 at 3:00 PM instead of October 30, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- 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 30, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Resumption after record date
Trading of the shares of the company will resume on 03.07.2022 after record date.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 30.06.2022.
- 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 28.06.2022 to 29.06.2022. Trading of the shares of the Company will remain suspended on record date i.e., 30.06.2022 for EGM.
- Decision to hold an EGM
The Company has informed that the Board of Directors has decided to hold an EGM for amalgamation of the Company with Dragon Sweater Bangladesh Limited. In this regard an amalgamation scheme has been prepared. The Board approved the amalgamation scheme subject to approval of the Honorable High Court Division of the Supreme Court of Bangladesh. Date of EGM: 26.07.2022, Time: 11:00 AM, Venue: Digital Platform, Record Date for EGM: 30.06.2022.
- National Credit Ratings Limited (NCR) has announced the surveillance entity rating of the Company as \"A+\" in the long
National Credit Ratings Limited (NCR) has announced the surveillance entity rating of the Company as \"A+\" in the long term and \"ST-2\" in the short term along with a Stable outlook based on audited financial statements of the Company as on June 30, 2021.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended June 30, 2021 to the respective shareholders' BO Accounts on May 09, 2022.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.34 for January-March 2022 as against Tk. 0.32 for January-March 2021; EPS was Tk. 1.00 for July 2021-March 2022 as against Tk. 0.92 for July 2020-March 2021. NOCFPS was Tk. 0.96 for July 2021-March 2022 as against Tk. 0.26 for July 2020-March 2021. NAV per share was Tk. 18.72 as on March 31, 2022 and Tk. 17.72 as on June 30, 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 April 27, 2022 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- Resumption after record date
Trading of the shares of the Company will resume on 11.04.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 10.04.2022.
- Spot for entitlement of 5% Stock Dividend
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 06.04.2022 to 07.04.2022. Trading of the shares of the Company will remain suspended on record date i.e., 10.04.2022.
- BSEC Consent and Record date for entitlement of 5% Stock Dividend
The Company has further informed that BSEC has accorded consent for issuance of 5% Stock Dividend for the year ended June 30, 2021. The Company has also informed that the Board of Directors has fixed the Record date on 10.04.2022 for entitlement of the aforesaid Bonus Shares.
- Query Response
In response to a DSE query dated March 22, 2022, 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.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.
- (Q2 Un-audited): EPS was Tk. 0.30 for October-December 2021 as against Tk. 0.29 for October-December 2020; EPS was Tk. 0
(Q2 Un-audited): EPS was Tk. 0.30 for October-December 2021 as against Tk. 0.29 for October-December 2020; EPS was Tk. 0.66 for July-December 2021 as against Tk. 0.68 for July-December 2020. NOCFPS was Tk. 0.91 for July-December 2021 as against Tk. 0.24 for July-December 2020. NAV per share was Tk. 18.38 as on December 31, 2021 and Tk. 17.72 as on June 30, 2021. (cont.)
- Q2 Financials
(Continuation news of DSSL): Net Operating Cash Flow Per Share (NOCFPS) increased due to increase in collection from customers. On the other hand, Financial expenses reduced significantly due to reduction of long term loan. (end)
The first part of this announcement is missing from the archive. - 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 27, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.