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 2018 (22).
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.13 for July-September, 2018 as against Tk. (0.67) for July-September, 2017; EPS was Tk. (1.30) for January-September, 2018 as against Tk. (5.10) for January-September, 2017. NOCFPS was Tk. 2.17 for January-September, 2018 as against Tk. 0.01 for January-September, 2017. NAV per share was Tk. 5.07 as on September 30, 2018 and Tk. 6.37 as on December 31, 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 October 28, 2018 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, 2018.
- Buy Confirmation of a Sponsor
Dr. Khadiza Waheeda Jahan, one of the Sponsors of the Company, has further reported that she has completed her buying of 2,34,808 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 11.10.2018.
- Buy declaration of a Sponsor
Dr. Khadiza Waheeda Jahan, one of the Sponsors of the Company, has expressed her intention to buy 2,34,808 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange (DSE) within October 31, 2018.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. (1.39) for April-June 2018 as against Tk. (0.61) for April-June 2017; EPS was Tk. (1.43) for January-June 2018 as against Tk. (4.43) for January-June 2017. NOCFPS was Tk. 1.21 for January-June 2018 as against Tk. (0.04) for January-June 2017. NAV per share was Tk. 4.94 as on June 30, 2018 and Tk. 6.37 as on December 31, 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 July 30, 2018 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, 2018.
- Sale Confirmation of a Director
Mr. M.A. Wahhab, one of the Directors of the Company, has further reported that he has completed his sale of 20,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale Declaration of a Director
Mr. M.A. Wahhab, one of the Directors of the Company, has expressed his intention to sell 20,00,000 shares out of his total holding of 57,74,601 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange (DSE) within next 30 working days.
- Sale Confirmation of a Sponsor
Mr. Tofazzal Hossain, one of the Sponsors of the Company, has further reported that he has completed sale of 2,73,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale Declaration of a Sponsor
Mr. Tofazzal Hossain, one of the Sponsors of the Company, has expressed his intention to sell 2,73,000 shares out of his total holding of 87,50,476 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within next 30 working days.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (0.04) for January-March 2018 as against Tk. (3.82) for January-March 2017. NOCFPS was Tk. (0.19) for January-March, 2018 as against Tk. 0.73 for January-March, 2017. NAV per share was Tk. 6.33 as on March 31, 2018 and Tk. 6.37 as on December 31, 2017.
- Reschedule of Board Meeting under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has further informed that due to absence of quorum, the meeting scheduled to be held on May 14, 2018 was adjourned and new meeting of the Board of Directors will now be held on May 21, 2018 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, 2018.
- Resumption after record date
Trading of the shares of the Company will resume on 16.05.2018 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 15.05.2018.
- 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 14, 2018 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, 2018.
- 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 30.04.2018 to 14.05.2018. Trading of the shares of the Company will remain suspended on record date i.e., 15.05.2018.
- Dividend Declaration
The Board of Directors has recommended No dividend for the year ended on December 31, 2017. Date of AGM: 05.06.2018, Time: 10:00 AM, Venue: International Convention City Bashundhara, Rajdarshan (Hall-3), Kuril Bishwa Road, (Next to 300 ft. Road), Purbachal Express Highway, Dhaka-1229. Record Date: 15.05.2018. (cont.) (Continuation news of FAREASTFIN): The Company has also reported EPS of Tk. (5.72), NAV per share of Tk. 6.37 and NOCFPS of Tk. (1.05) for the year ended on December 31, 2017 as against Tk. 0.63, Tk. 12.58 and Tk. 1.87 respectively for the same period of the previous year. (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (18.04.2018) following its corporate declaration.
- Category Change
The Company will be placed in 'Z' category from existing 'B' category with effect from April 19, 2018 as the Company has recommended No dividend for the year ended on December 31, 2017.
- 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 Fareast Finance & Investment Limited with effect from April 19, 2018 as per BSEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.
- 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 17, 2018 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2017.
- Credit Rating Result
Emerging Credit Rating Limited (ECRL) has assigned the surveillance rating of the Company as "A-" in the long term and "ST-3" in the short term along with a stable outlook based on audited financial statements of the Company up to December 31, 2016, un-audited financial statements up to September 30, 2017 and other relevant quantitative as well as 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.