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 2017 (21).
- Q3 Financials
(Q3 Un-audited): EPS was Tk. (0.67) for July-September, 2017 as against Tk. 0.63 for July-September, 2016; EPS was Tk. (5.10) for January-September, 2017 as against Tk. (0.75) for January-September, 2016. NOCFPS was Tk. 0.01 for January-September, 2017 as against Tk. 2.25 for January-September, 2016. NAV per share was Tk. 6.98 as on September 30, 2017 and Tk. 12.58 as on December 31, 2016.
- 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 29, 2017 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, 2017.
- Sale confirmation of a Sponsor
Mr. Delwar Hossain Rana, one of the Sponsors of the Company, has further reported that he has completed his sale of 9,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale declaration of a Sponsor
Mr. Delwar Hossain Rana, one of the Sponsors of the Company, has expressed his intention to sell 9,00,000 shares out of his total holding of 26,96,279 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within next 30 working days.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. (0.61) for April-June, 2017 as against Tk. (0.59) for April-June, 2016; EPS was Tk. (4.43) for January-June, 2017 as against Tk. (1.38) for January-June, 2016. NOCFPS was Tk. (0.04) for January-June, 2017 as against Tk. (0.56) for January-June, 2016. NAV per share was Tk. 7.65 as of June 30, 2017 and Tk. 12.58 as of December 31, 2016.
- 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 July 24, 2017 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, 2017.
- Q1 Financials (Repeat)
(Repeat): (Q1 Un-audited): EPS was Tk. (3.82) for January-March, 2017 as against Tk. (0.79) for January-March, 2016. NOCFPS was Tk. 0.73 for January-March, 2017 as against Tk. 1.66 for January-March, 2016. NAV per share was Tk. 8.76 as of March 31, 2017 and Tk. 12.58 as of December 31, 2016.
- Dividend Disbursement
The Company has informed that it has disbursed cash dividend for the year ended on December 31, 2016.
- Category Change
The Company will be placed in 'B' category from existing 'A' category with effect from June 12, 2017 as the Company has approved 5% cash dividend for the year ended on December 31, 2016.
- 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 any security of Fareast Finance and Investment Limited in between 1st to 30th trading day after change of categorization, with effect from June 12, 2017 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (3.82) for January-March, 2017 as against Tk. (0.79) for January-March, 2016. NOCFPS was Tk. 0.73 for January-March, 2017 as against Tk. 1.66 for January-March, 2016. NAV per share was Tk. 8.76 as of March 31, 2017 and Tk. 12.58 as of December 31, 2016.
- 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 May 09, 2017 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, 2017.
- Resumption after Record Date
Trading of the shares of the Company will resume on 04.05.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 03.05.2017.
- 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 30.04.2017 to 02.05.2017. Trading of the shares of the Company will remain suspended on record date i.e., 03.05.2017.
- Dividend Declaration
The Board of Directors has recommended 5% cash dividend for the year ended on December 31, 2016. Date of AGM: 11.06.2017, 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: 03.05.2017. The Company has also reported EPS of Tk. 0.63, NAV per share of Tk. 12.58 and NOCFPS of Tk. 1.87 for the year ended on December 31, 2016.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (11.04.2017) following its corporate declaration.
- Dividend Declaration (additional information)
(Dividend Declaration: Additional information): The Company has further informed that EPS, NAV per share and NOCFPS for the year ended on December 31, 2015 were Tk. 1.25, Tk. 12.96 and Tk. 0.28 respectively. Other infomration will remain unchanged.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that due to unavoidable circumstances, meeting of the Board of Directors of the Company as per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on April 10, 2017 at 3:30 PM instead of April 03, 2017 to consider, among others, audited financial statements of the Company for the year ended on December 31, 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 April 03, 2017 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2016.
- Credit Rating Result
Emerging Credit Rating Limited (ECRL) has assigned the surveillance rating of the Company as "A" in the long term and "ECRL-2" in the short term along with a stable outlook based on audited financials of the Company up to December 31, 2015, unaudited financial statements up to September 30, 2016 and other relevant quantitative and qualitative information up to the date of rating declaration.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.