First Finance PLC announcements
348 Dhaka Stock Exchange announcements for First Finance PLC (FIRSTFIN) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (22).
- WASO Credit Rating Company (BD) Ltd. (WCRCL) has assigned the surveillance entity rating of the Company as \"BB+\" for l
WASO Credit Rating Company (BD) Ltd. (WCRCL) has assigned the surveillance entity rating of the Company as \"BB+\" for long term and \"ST-4\" for short term along with Stable outlook based on audited financial statements of FY2022 and other relevant qualitative and quantitative information.
- Q3 Financials
Q3 Un-audited): EPS was Tk. (0.87) for July-September 2023 as against Tk. (1.54) for July-September 2022; EPS was Tk. (3.49) for January-September 2023 as against Tk. (5.66) for January-September 2022. NOCFPS was Tk. 0.72 for January-September 2023 as against Tk. 0.11 for January-September 2022. NAV per share was Tk. (31.86) as on September 30, 2023 and Tk. (19.98) as on September 30, 2022.
- 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, 2023 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
- Resumption after record date
Trading of the shares of the company will resume on 10.09.2023.
- Suspension for record date
Trading of the shares of the company will remain suspended on record date i.e., 07.09.2023.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle from 03.09.2023 to 05.09.2023 and trading of the shares will remain suspended on record date i.e., 07.09.2023.
- The auditor of the company has given \"Qualified Opinion\", \"Material uncertainty related to going concern\" & \"Emphas
The auditor of the company has given \"Qualified Opinion\", \"Material uncertainty related to going concern\" & \"Emphasis of matter\" paragraphs in the Auditor\'s Report of the \"First Finance Limited\" for the year ended on 31 December 2022. To view the details, please visit: https://www.dsebd.org/assets/pdf/ReportofFFL_2022.pdf
- Dividend Declaration
The Board of Directors has recommended No dividend for the year ended December 31, 2022. Date of AGM: 30.09.2023, Time: 3:00 PM, Venue: Digital Platform. Record Date: 07.09.2023. The Company has also reported EPS of Tk. (14.52), NAV per share of Tk. (28.84) and NOCFPS of Tk. 0.39 for the year ended December 31, 2022 as against Tk. (18.47), Tk. (14.32) and Tk. 0.23 respectively for the year ended December 31, 2021.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. (0.70) for April-June 2023 as against Tk. (2.10) for April-June 2022; EPS was Tk. (2.61) for January-June 2023 as against Tk. (4.12) for January-June 2022. NOCFPS was Tk. (0.32) for January-June 2023 as against Tk. 0.42 for January-June 2022. NAV per share was Tk. (31.45) as on June 30, 2023 and Tk. (18.44) as on June 30, 2022.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (1.91) for January-March 2023 as against Tk. (2.02) for January-March 2022. NOCFPS was Tk. (0.24) for January-March 2023 as against Tk. 0.07 for January-March 2022. NAV per share was Tk. (30.75) as on March 31, 2023 and Tk. (16.35) as on March 31, 2022.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (17.08.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- 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 August 16, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023 and Second Quarter (Q2) period ended June 30, 2023.
- 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 August 16, 2023 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2022.
- BSEC Directive No. BSEC/SRMIC/98-2017/(I)/204, dated July 25, 2023 which reads as follows: \"Whereas, First Finance Limi
BSEC Directive No. BSEC/SRMIC/98-2017/(I)/204, dated July 25, 2023 which reads as follows: \"Whereas, First Finance Limited (hereinafter called \"FIRSTFIN\") is an issuer company listed with the stock exchanges and the shares of the company are being traded at Z-Category since 02 May 2016 at stock exchanges; And whereas, as per the latest Financial Statements of the company (FY-2021), the total accumulated loss (cont.1)
- (Continuation of FIRSTFIN): of the company amounts to BDT 325 crores, and thereby the total shareholders\' equity of the
(Continuation of FIRSTFIN): of the company amounts to BDT 325 crores, and thereby the total shareholders\' equity of the company became negative which is BDT -169.80 crores; And whereas, the issuer company failed to declare any cash dividends to shareholders for over 14 years, and about 86.60\% of the loans of the company are non-performing loans; And whereas, the company declared a 2\% stock dividend for FY-2019 violating the (cont.2)
The first part of this announcement is missing from the archive. - (Continuation of FIRSTFIN): Condition No. 6 of Commission Notification No. BSEC/CMRRCD/2006-158/208/Admin/81 dated 20 Ju
(Continuation of FIRSTFIN): Condition No. 6 of Commission Notification No. BSEC/CMRRCD/2006-158/208/Admin/81 dated 20 June 2018; And whereas, there are several other irregularities and instances of non-compliances that have negative implications for investors, and hence undermine the trust and confidence of investors, potentially leading to financial losses and a diminished reputation for the company; And whereas, in exercise (cont.3)
The first part of this announcement is missing from the archive. - (Continuation of FIRSTFIN): of the powers conferred by Section 2CC of the Securities and Exchange Ordinance, 1969 (Ordin
(Continuation of FIRSTFIN): of the powers conferred by Section 2CC of the Securities and Exchange Ordinance, 1969 (Ordinance No. XVII of 1969), the Commission imposed several conditions for the companies listed with the stock exchange(s) but remain in \"Z-Category\" through Notification No. SEC/CMRRCD/2009-193/07//Admin/106 dated 01 September 2020 and Directive No. BSEC/CMRRCD/2009-193/11 dated 22 March 2021, (cont.4)
The first part of this announcement is missing from the archive. - (Continuation of FIRSTFIN): and FIRSTFIN didn\'t comply with the Condition No. 2 of the said Notification where it is me
(Continuation of FIRSTFIN): and FIRSTFIN didn\'t comply with the Condition No. 2 of the said Notification where it is mentioned that after the issuance of the Notification, the Board of Directors of a \"Listed Company trading under \"Z\"-Category\" shall be reconstituted, within 45 (forty-five) working days from the first day of placement of the company to the \"Z\"-Category\" by the existing Board of Directors from the Shareholders to (cont.5)
The first part of this announcement is missing from the archive. - (Continuation of FIRSTFIN): be eligible for director(s); Now, therefore, in exercise of the power conferred by Section 2
(Continuation of FIRSTFIN): be eligible for director(s); Now, therefore, in exercise of the power conferred by Section 20A of the Securities and Exchange Ordinance 1969 (Ordinance No. XVII of 1969), the Commission hereby directs the Chairman, Directors, and the Managing Director of FIRSTFIN as well as both the stock exchanges to comply with the followings: a) The Commission hereby nominates 05 (Five) Independent Directors (cont.6)
The first part of this announcement is missing from the archive. - (Continuation of FIRSTFIN): 4. Prof. Mohammad Shofiqul Islam and 5. Dr. Qazi Moinuddin Mahmud. b) The Board of Directors
(Continuation of FIRSTFIN): 4. Prof. Mohammad Shofiqul Islam and 5. Dr. Qazi Moinuddin Mahmud. b) The Board of Directors of FIRSTFIN shall be reconstituted, within 45 (Forty-Five) working days from the issuance of this directive incorporating 05 (five) new independent directors to the board of directors of the company; (cont.8)
The first part of this announcement is missing from the archive. - (Continuation of FIRSTFIN): and c) Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited shall monitor ever
(Continuation of FIRSTFIN): and c) Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited shall monitor every phase of activities of the issuer company and shall report the matter to the Commission in due course. This order shall have immediate effect.\" (end)
The first part of this announcement is missing from the archive. - BSEC Directive on nomination of Independent Directors and other issues
(Continuation of FIRSTFIN): for inclusion in the board of directors of FIRSTFIN as per the Condition No. 2 of the Commission's Notification No: SEC/CMRRCD/2009-193/07/Admin/106 dated 01 September 2020; Sl No. and Name of the 05 (Five) Independent Directors are as follows: 1. Major Gen. Abul Kalam Mohammad Humayun Kabir, (Retd.) SUP, NDU, PSC, 2. Mr. Khandoker Nizamuddin, 3. Mr. Mohammad Rafiqul Islam Rowly, (cont.7)
The first part of this announcement is missing from the archive.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.