Fareast Finance & Investment Limited announcements
201 Dhaka Stock Exchange announcements for Fareast Finance & Investment Limited (FAREASTFIN) since 2013: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (18).
- Q3 Financials
EPS was Tk. (0.23) for July-September, 2015 as against Tk. 0.41 for July-September, 2014; EPS was Tk. 0.01 for January-September, 2015 as against Tk. 0.79 for January-September, 2014. NOCFPS was Tk. (2.38) for January-September, 2015 as against Tk. (1.81) for January-September, 2014. NAV per share was Tk. 11.71 as of September 30, 2015 and Tk. 12.68 as of December 31, 2014.
- 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 October 28, 2015 at 3:45 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2015.
- Record Date for EGM
Normal trading of the shares of the Company will resume on 13.10.2015 after record date for EGM.
- Suspension News for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 12.10.2015 for EGM.
- 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 08.10.2015 to 11.10.2015. Trading of the shares of the Company will remain suspended on record date i.e., 12.10.2015 for EGM.
- EGM
The Company has informed that the Board of Directors has decided to hold an EGM to pass a special resolution on appointment of auditor and fixation of remuneration, for the Company until next AGM. Date of EGM 08.11.2015, Time:10:00 AM, Venue of the EGM: Spectra Convention Centre Limited, House # 19, Road # 7, Gulshan # 1, Dhaka  1212. The record date of the EGM: 12.10.2015.
- Q2 Financials
EPS for April-June, 2015 was Tk. 0.40 as against Tk. 0.36 for April-June, 2014, EPS for Jan-June, 2015 was Tk. 0.23 as against Tk. 0.38 for Jan-June, 2014. NOCFPS was Tk. (3.68) for Jan-June, 2015 as against Tk. (0.20) for Jan-June, 2014. NAV per share was Tk. 11.94 as of June 30, 2015 and Tk. 12.68 as of December 31, 2014.
- Space Purchase
The Company has informed that the Board of Directors of the Company has decided to purchase 10,886 sft (9th floor-5,403 sft +10th floor-5,483 sft) commercial space at Block B, Road 21, Plot- 53, Kemal Ataturk Avenue, Banani Model Town, Dhaka, Bangladesh which is now under construction at a total cost of Tk. 293,922,000.00 (approximate). Handover of the premises is scheduled within approximately three and half years.
- Bonus Shares Credited
The Company has informed that it has credited the bonus shares for the year ended on December 31, 2014 to the respective shareholders BO Account and cash dividend also has been dispatched to the respective shareholders bank accounts through Bangladesh Electronic Fund Transfer Network (BEFTN) System.
- Catagory Change
The Company will be placed in A category from existing Z category with effect from May 6, 2015 as the Company has reported disbursement of 10% cash dividend and 2.5% stock dividend for the year ended on December 31, 2014.
- Quarterly Earnings
(Q1 Un-audited): Net Profit/(Loss) from Jan15 to Mar15 was Tk. (26.94) million with EPS of Tk. (0.16) as against Tk. 4.27 million and Tk. 0.03 respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (26.36) million as on 31.03.2015.
- Resumption News after Record Date
Normal trading of the shares of the Company will resume on 08.03.2015 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 05.03.2015.
- Spot News for AGM
Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per spot settlement cycle with cum benefit from 22.02.2015 to 04.03.2015. Trading of the shares of the Company will remain suspended on record date i.e., 05.03.2015.
- Dividend Declaration
The Board of Directors has recommended 10% cash dividend and 2.5% stock dividend for the year ended on December 31, 2014. Date of AGM: 25.03.2015, Time: 10:00 AM, Venue: Bashundhara Convention Center-2, Block-C, Umme Kulsum Road, Bashundhara Residential Area, Baridhara, Dhaka-1219. Record date: 26.02.2015. The Company has also reported EPS of Tk. 1.93, NAV per share of Tk. 13.00 and NOCFPS of Tk. (1.22) for the year ended on December 31, 2014.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (12.02.2015) following its corporate declaration.
- Change of Record Date
The Company has further informed that, Record Date of the AGM of the company will be March 05, 2015 instead of February 26, 2015 in compliance with DSE Listing Regulation 36 (A) (4). Other information will remain same.
- Adjournment of Board Meeting schedule under LR 30
The Company has further informed that due to unavoidable circumstances, the meeting of the Board of Directors of the Company has been adjourned. The meeting will be held on February 11, 2015, to consider, among others, audited financial statements of the Company for the year ended on December 31, 2014. The venue and time of the meeting will remain unchanged.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.