Far East Knitting & Dyeing Industries PLC. announcements
184 Dhaka Stock Exchange announcements for Far East Knitting & Dyeing Industries PLC. (FEKDIL) since 2014: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (18).
- Acquiring 35 decimal lands from Far East Yarn Dyeing Industries Limited
The Company has informed that the Board of Directors has decided to acquire 35 decimal lands with 4 storied total 49,851 sft. building from Far East Yarn Dyeing Industries Limited with an approximate value of 13.50 crore within one year. The Schedule of Property (Land & Building) is as follows: Dag No-(SA/RS): 446/684, Khatian No (SA/RS): 317/379 Land Area: 35 decimal Mouza: Chandora, Kaliakoir, Gazipur. Building: 4 Storied Total 49,851 sft.
- Change of AGM date
The Company has further informed that the Board of Director has decided to change the 23th AGM date to December 21, 2017 at 10:30 AM instead of December 17, 2017. Other information of the AGM will remain unchanged.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.39 for July-September, 2017 as against Tk. 0.38 for July-September, 2016; NOCFPS was Tk. (0.25) for July-September, 2017 as against Tk. (0.63) for July-September, 2016. NAV per share was Tk. 21.53 as on September 30, 2017 and Tk. 21.14 as on June 30, 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 November 13, 2017 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.
- Resumption after Record Date
Trading of the shares of the Company will resume on 29.10.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 26.10.2017.
- 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 benefits from 24.10.2017 to 25.10.2017. Trading of the shares of the Company will remain suspended on record date i.e., 26.10.2017.
- Dividend Declaration
The Board of Directors has recommended 15% stock dividend for the year ended on June 30, 2017. Date of AGM: 17.12.2017, Time: 10:30 AM, Venue: Factory Premises at Chandra Kailakoir, Gazipur. Record Date: 26.10.2017. The Company has also reported EPS of Tk. 2.16, NAV per share of Tk. 21.14 and NOCFPS of Tk. 1.07 for the year ended on June 30, 2017 as against Tk. 1.82, Tk. 19.43 and Tk. 0.57 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 today (08.10.2017) 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 05, 2017 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
- Incident of fire at Factory Premises of the Company
The Company has informed that an incident of fire occurred at the factory premises of the Company on May 12, 2017. The fire started on the 2nd floor of Building No. 2 where one of the Finishing Departments is located and total affected area is about 4,000 square feet. Whilst there was material loss of finished goods, work in progress goods, furniture, some machineries (cont.) (continuation news of FEKDIL): as well as some cosmetic damage (broken windows, paintwork, etc.) to the building. The exact damage is currently being assessed following which the Company will submit their claim to the Insurers. (end)
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.39 for January-March, 2017 as against Tk. 0.74 for January-March, 2016; EPS was Tk. 1.35 for July, 2016-March, 2017 as against Tk. 1.49 for July, 2015-March, 2016. NOCFPS was Tk. 0.24 for July, 2016-March, 2017 as against Tk. (0.52) for July, 2015-March, 2016. NAV per share (with Revaluation surplus) was Tk. 20.33 as of 31.03.2017 and Tk. 21.37 as of 30.06. 2016 and NAV per share (without Revaluation surplus) was Tk. 18.66 as of 31.03.2017 and Tk. 19.50 as of 30.06. 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 April 27, 2017 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.
- Sale confirmation of a Sponsor Director
Asif Moyeen, one of the Sponsors & Directors of the Company, has further reported that he has completed his sale of 15,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- sale of by it's Sponsor Director
Asif Moyeen, one of the Sponsors Directors of the Company, has expressed his intention to sell 15,00,000 shares (Bonus shares) out of his total holding of 8,01,63,506 shares of the Company at prevailing market price (in the Block Market) through Stock Exchange within next 30 working days.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.61 for Oct.-Dec., 2016 as against Tk. 0.43 for Oct.-Dec., 2015; EPS was Tk. 0.98 for July-December, 2016 as against Tk. 0.76 for July-December, 2015. NOCFPS was Tk. 0.13 for July-Dec., 2016 as against Tk. (1.39) for July-Dec., 2015. NAV per share (with Revaluation surplus) was Tk. 19.96 as of December 31, 2016 and Tk. 21.37 as of June 30, 2016 and NAV per share (without Revaluation surplus) was Tk. 18.27 as of December 31, 2016 and Tk. 19.50 as of June 30, 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 January 30, 2017 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2016.
- Query Response
In response to a DSE query dated January 10, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.