FAR Chemical & Textile Ind. PLC announcements
215 Dhaka Stock Exchange announcements for FAR Chemical & Textile Ind. PLC (FARCHEM) since 2014: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (17).
- Resumption after record date
Trading of the shares of the Company will resume on 19.11.2017 after record date.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.46 for July-September, 2017 as against Tk. 0.71 for July-September, 2016; NOCFPS was Tk. 0.50 for July-September, 2017 as against Tk. 1.51 for July-September, 2016. NAV per share was Tk. 15.70 as on September 30, 2017 and Tk. 15.24 as on June 30, 2017.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 16.11.2017.
- 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 14.11.2017 to 15.11.2017. Trading of the shares of the Company will remain suspended on record date i.e., 16.11.2017.
- 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 4:00 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% stock dividend for the year ended on June 30, 2017. Date of AGM: 20.12.2017, Time: 12:00 noon, Venue: Bir Chandra Nagar Gono Pathagar and Nagar, Milaynayatan (Town Hall) Kandhirpar, Comilla. Record Date: 16.11.2017. The Company has also reported EPS of Tk. 1.79, NAV per share of Tk. 15.24 and NOCFPS of Tk. 1.96 for the year ended on June 30, 2017 as against Tk. 2.10 (adjusted), Tk. 16.65 and Tk. 3.25 respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.10.2017) 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 26, 2017 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.39 for January-March 2017 as against Tk. 0.25 for January-March 2016; EPS was Tk. 1.62 for July 2016-March 2017 as against Tk. 1.62 for July'15-March'16. NOCFPS was Tk. 1.54 for July 2016-March 2017 as against Tk. 0.69 for July 2015-March 2016. NAV per share was Tk. 15.49 as of March 31, 2017 and Tk. 16.65 as of June 30, 2016.
- Shares transfer completion to S.S Energy & FAR Pharmaceuticals
With reference to their earlier news (disseminated by DSE on 03.04.2017) the Company has further informed that 1,10,02,500 shares each have been transferred to S.S. Energy Explosions Ltd. and FAR Pharmaceuticals Ltd. from Mr. Kim Jong Suk. New Board of Director of the Company has been constituted as per the earlier decision taken in the Board of Directors of the Company.
- 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 30, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.
- Resignation of MD and share transfer proposal
The Company has informed that the Board of Directors of the Company has accepted the resignation of Mr. Kim Jong Suk from the Board of Directors and from the post of Managing Director of the Company. The Board of the Company has also accepted share transfer proposal of 2,20,05,000 shares of Mr. Kim Jong Suk to S.S. Energy Explosions Ltd. (1,10,02,500 shares which is 6.71% of total shares of the company) and FAR Pharmaceuticals Ltd. (1,10,02,500 shares which is 6.71% of total shares of the company), (cont.) (continuation news of FARCHEM): in the Block market through the stock exchanges, subject to maintenance of respective regulatory compliances and applicable rules thereon. After completion of the above transfer of shares, S.S. Energy Explosions Ltd. and FAR Pharmaceuticals Ltd. will be the new Directors of the Company. Mr. Kim Jong Suk will remain with the Company as a Shareholder. (end)
- Confirmation of sale
Mr. Kim Jong Suk, one of the Directors of the Company, has further reported that he has completed his sale of 14,01,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.52 for October-December, 2016 as against Tk. 0.56 (restated) for October-December, 2015; EPS was Tk. 1.23 for July-December, 2016 as against Tk. 1.37(restated) for July-December, 2015. NOCFPS was Tk. 1.65 for July-December, 2016 as against Tk. 0.59 (restated) for July-December, 2015. NAV per share was Tk. 14.69 as of December 31, 2016 and Tk. 16.65 as of June 30, 2016.
- Land Purchase at 6th phase
The Company has further informed that it has purchased total 39.28 decimals of land in four separate Khatian (10.50 decimals, 7.50 decimals, 10.78 decimals and 10.50 decimals) at 6th phase with total cost of Tk. 75,80,040.00 including Registration and other costs as per decision taken earlier by the Board of Directors for expansion of its 2nd unit of the Company at Rupgonj, Narayangonj.
- 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 29, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2016.
- Declaration of sale by a Director
Mr. Kim Jong Suk, one of the Directors of the Company, has expressed his intention to sell 14,01,000 shares (Bonus Shares) out of his total holding of 2,64,06,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange within next 30 working days.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.