Emerald Oil Industries Limited announcements
208 Dhaka Stock Exchange announcements for Emerald Oil Industries Limited (EMERALDOIL) since 2014: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (21).
- Appointment of Chief Executive Officer
The Company has informed that the Board of Directors has appointed Mr. Ahsanul Haque Tushar as the Chief Executive Officer of the Company.
- Response to DSE's query
In response to a DSE query, regarding status of resumption of Production of the Company with regard to news disseminated on 17.08.2016 (where it was stated, among others, that due to annual servicing of the machineries and equipment, the production of the Company has been closed since June 27, 2016), the Company has replied that they have resumed their production from the earlier mentioned date i.e. 20.08.2016 after annual servicing. The Company has also replied to DSE's query that there is no undisclosed material decision/information relating to the Company's operation/profitability, which might have impact on the trade of shares of the Company.
- Resumption after record date
Trading of the shares of the Company will resume on 19.12.2016 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 18.12.2016.
- 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 14.12.2016 to 15.12.2016. Trading of the shares of the Company will remain suspended on record date i.e., 18.12.2016.
- Dividend Declaration
The Board of Directors has recommended 10% stock dividend for the year ended on June 30, 2016. Date of AGM: 31.12.2016, Time: 10:00 AM, Venue: Institution of Diploma Engineers, Bangladesh, Muktijuddho Smriti Milonayoton Hall, IDEB Bhaban, 160/A, Kakrail VIP Road, Dhaka-1000. Record Date: 18.12.2016.The Company has also reported EPS of Tk. 3.33, NAV per share of Tk. 17.23 and NOCFPS of Tk. 1.32 for the year ended on June 30, 2016 as against Tk. 2.82 (restated), Tk. 16.29 and Tk. (2.55) respectively for the same period of the previous year.
- Q1 Financials
EPS was Tk. 0.03 for July-September, 2016 as against Tk. 1.12 for July-September, 2015; NOCFPS was Tk. (0.12) for July-September, 2016 as against Tk. 0.21 for July-September, 2015. NAV per share was Tk. 17.26 as of September 30, 2016 and Tk. 17.23 as of June 30, 2016.
- 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 November 26, 2016 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2016.
- Closure of Production of the Company
In response to DSE query regarding newspaper reporting in connection with closure of production, the Company has informed that due to annual servicing of the machineries and equipment, the production of the Company has been closed since June 27, 2016. The Company expects that the production will start from August 20, 2016. The Company has also mentioned that they require 35-40 days for overall repairs and maintenance of the machineries and equipments once in a year but this year the annual servicing is delayed due to rainy season.
- 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 30, 2016 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, 2016.
- Buy Completion of a Sponsor
Shishir Kumar Basak, one of the Sponsors of the Company, has further reported that he has completed his buy of 1,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Completion of sale by a Sponsor
Narayan Chandra Paul, one of the Sponsors of the Company, has further reported that he has completed his sale of 30,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Buy Declaration of a Sponsor
Shishir Kumar Basak, one of the Sponsors of the Company, has expressed his intention to buy 1,00,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Q2 Financials
EPS was Tk. 1.39 for October-December, 2015 as against Tk. 0.73 for October-December, 2014; EPS was Tk. 2.52 for July-December, 2015 as against Tk. 1.31 for July-December, 2014. NOCFPS was Tk. 0.37 for July-December, 2015 as against Tk. (1.01) for July-December, 2014. NAV per share was Tk. 16.42 as of December 31, 2015 and Tk. 16.29 as of June 30, 2015.
- 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 on December 31, 2015 and it has also disbursed cash dividend to the respective shareholders' bank accounts through Bangladesh Electronic Fund Transfer Network (BEFTN) system.
- Declaration of sale by a Sponsor/Director
A.S.M. Monirul Islam, one of the Sponsors/Directors of the Company, has expressed his intention to sell 1,10,000 shares (Bonus shares) out of his total holding of 12,10,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Completion of sale by Sponsors/Directors
Narayan Chandra Paul, one of the Sponsors of the Company, has expressed his intention to sell 30,000 shares (Bonus shares) out of his total holding of 3,30,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- 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 21, 2016 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2015.
- Completion of sale by Sponsors/Directors
Syed Monwarul Islam, Syed Mahbubul Gani, Farhana Galib Ame, Sayed Hasibul Gani Galib, all are Sponsors/Directors of the Company, have further reported that they have completed their sale of 1,70,500 shares, 75,000 shares, 4,18,000 shares and 11,62,000 shares respectively at prevailing market price through Stock Exchange as announced earlier.
- Declaration of sale
Syed Monwarul Islam, Syed Mahbubul Gani, Farhana Galib Ame, Sayed Hasibul Gani, all are Sponsors/Directors of the Company, have expressed their intention to sell 1,70,500 shares, 75,000 shares, 4,18,000 shares, 11,62,000 shares (Bonus shares) out of their total holding of 12,70,500 shares, 8,25,000 shares, 45,98,000 shares and 1,27,82,000 shares respectively at prevailing market price (In the Block Market) through Stock Exchange within next 30 working days.
- Query Response
In response to a DSE query dated January 06, 2016, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.