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 2016 (21).
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.63 for July-September, 2016 as against Tk. (0.23) for July-September, 2015; EPS was Tk. (0.75) for January-September, 2016 as against Tk. 0.01 for January-September, 2015. NOCFPS was Tk. 2.25 for January-September, 2016 as against Tk. (2.38) for January-September, 2015. NAV per share was Tk. 11.21 as of September 30, 2016 and Tk. 12.96 as of December 31, 2015.
- Buy Confirmation of a Sponsor
Mr. Shahriar Khaled, one of the Sponsors of the Company, has further reported that he has completed his buy of 9,63,872 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- 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 30, 2016 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2016.
- Buy Declaration of a Sponsor
Mr. Shahriar Khaled, one of the Sponsors of the Company, has expressed his intention to buy 9,63,872 shares of the Company (in the Block Market) at prevailing market price through Stock Exchange within October 31, 2016.
- Buy Confirmation of a Sponsor
Mr. Shahriar Khaled, one of the Sponsors of the Company, has further reported that he has completed his total buy of 16,00,000 (6,00,000 + 10,00,000) shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Confirmation of sale by a Sponsor
Mr. Delwar Hossain Rana, one of the Sponsors of the Company, has further reported that he has completed his sale of 7,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Buy Declaration of a Sponsor
Mr. Shahriar Khaled, one of the Sponsors of the Company, has expressed his intention to buy 10,00,000 shares of the Company (in the Block Market) at prevailing market price through Stock Exchange within October 31, 2016.
- Buy Confirmation of a Sponsor
Anwer Hossain Khan, one of the Sponsors of the Company, has further reported that he has completed his buy of 3,50,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Buy Declaration of a Sponsor
Mr. Shahriar Khaled, one of the Sponsors of the Company, has expressed his intention to buy 6,00,000 shares of the Company (in the Block Market) at prevailing market price through Stock Exchange within October 31, 2016.
- Declaration of sale/buy of Sponsors
Mr. Delwar Hossain Rana, one of the Sponsors of the Company, has expressed his intention to sell 7,00,000 shares out of his total holding of 33,96,279 shares whereas Mr. Anwer Hossain Khan, another Sponsor of the Company, has expressed his intention to buy 3,50,000 shares at prevailing market price (In the Block Market) through Stock Exchange within October 31, 2016.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. (0.59) for April-June, 2016 as against Tk. 0.40 for April-June, 2015; EPS was Tk. (1.38) for January-June, 2016 as against Tk. 0.23 for January-June, 2015. NOCFPS was Tk. (0.56) for January-June, 2016 as against Tk. (3.68) for January-June, 2015. NAV per share was Tk. 10.58 as of June 30, 2016 and Tk. 12.96 as of December 31, 2015.
- 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 July 28, 2016 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on 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 June 28, 2016 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.
- Correction News on Board Meeting schedule under LR 19(1)
Please disregard the news disseminated earlier today regarding "Board Meeting schedule under LR 19(1)" under the trading code FAREASTFIN which was disseminated mistakenly. The said Board Meeting schedule was for Fareast Islami Life Insurance Co. Ltd. (FAREASTLIF) instead of Fareast Finance & Investment Limited (FAREASTFIN).
- Spot News 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 29.05.2016 to 30.05.2016. Trading of the shares of the Company will remain suspended on record date i.e., 31.05.2016.
- Dividend Declaration
The Board of Directors has recommended 10% cash dividend for the year ended on December 31, 2015. Date of AGM: 23.06.2016, Time: 10:00 AM, Venue: International Convention City Bashundhara (Venue 3: Rajdarshan), Kuril Bishaw Road, Next to 300 ft. Purbachal Express Highway, Dhaka-1229. Record Date: 31.05.2016. The Company has also reported EPS of Tk. 1.25, NAV per share of Tk. 12.96 and NOCFPS of Tk. 0.28 for the year ended on December 31, 2015.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.04.2016) following its corporate declaration.
- Q1 Financials
EPS for January-March, 2016 was Tk. (0.79) as against Tk. (0.16) for January-March, 2015; NOCFPS was Tk. 1.66 for January-March, 2016 as against Tk. (2.97) for January-March, 2015. NAV per share was Tk. 12.17 as of March 31, 2016 and Tk. 12.96 as of December 31, 2015.
- 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 27, 2016 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2016.
- Board Meeting
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 April 27, 2016 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.
- Credit Rating Result
Emerging Credit Rating Limited (ECRL) has assigned the rating of the Company as "A" in the long term and "ECRL-2" in the short term along with stable outlook to the Company based on audited financial statements up to December 31, 2014, unaudited financial statements up to September 30, 2015 and other relevant quantitative as well as qualitative information up to date of rating.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.