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 2021 (14).
- Board approval of the draft scheme of amalgamation
Refer to their earlier news disseminated by DSE on 01.11.2021 regarding Information merger and shifting disposal of Chemical Factory, the Company has further informed that the Board has approved the draft scheme of amalgamation which is subject to approval of the Shareholders, the Honorable High Court Division of the Supreme Court of Bangladesh and other concerned authorities.
- Category Change
The Company has been placed in 'B' category from existing 'A' category with effect from December 22, 2021 as the Company has approved 1% cash dividend for the year ended on June 30, 2021.
- 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 security of Far Chemical Industries Limited in between 1st to 30th trading day after change of categorization, with effect from December 22, 2021 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- Resumption after record date
Trading of the shares of the Company will resume on 28.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 25.11.2021.
- 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 with cum benefit from 23.11.2021 to 24.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 25.11.2021.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (0.03) for July-September, 2021 as against Tk. (0.01) for July-September, 2020. NOCFPS was Tk. 0.33 for July-September, 2021 as against Tk. 0.17 for July-September, 2020. NAV per share was Tk. 13.68 as on September 30, 2021 and Tk. 13.71 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 November 14, 2021 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, 2021.
- Information merger and shifting disposal of Chemical Factory
(Continuation news of FARCHEM): The Company has also informed that Shifting Disposal of Chemical Factory: The meeting had a threadbare discussion on the shifting/ disposal of factory shed, plant and equipment located at EPZ Cumilla to the newly established own factory premises at Rupgonj, Narayangonj and resolved the shifting/disposal accordingly as per the approval of shareholders in the AGM dated on December 22, 2020 and respective concerned authorities with cease the operation of factory of Cumilla EPZ.
The first part of this announcement is missing from the archive. - Dividend Declaration
The Board of Directors has recommended 1% cash dividend for the year ended on June 30, 2021. Date of AGM: 21.12.2021, Time: 12:30 PM, Venue: Jam Jam Hotel & Resort Hall, Shankerpur, Cumilla. Record Date: 25.11.2021. The Company has also reported EPS of Tk. (0.16) NAV per share of Tk. 13.71 and NOCFPS of Tk. 2.31 for the year ended on June 30, 2021 as against Tk. 0.33, Tk. 13.96 and Tk. 0.51 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 on today (31.10.2021) for 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 28, 2021 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- Undertaken of civil construction work and LC opening
The Company has informed that they have already undertaken civil construction work of its 2nd Unit and also has opened L/C of Pre-fabricated Steel Structure Building Factory Shade and Partial Capital Machineries for its 2nd Unit at Rupgonj, Narayangonj. Rest L/C opening is under process.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2020 to the respective shareholders.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.