Fu-Wang Ceramic Industry Limited announcements
346 Dhaka Stock Exchange announcements for Fu-Wang Ceramic Industry Limited (FUWANGCER) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (23).
- Resumption after record date
Trading of the shares of the Company will resume on 19.11.2017 after record date.
- Appointment of Managing Director
The Company has informed that Mrs. Hasna Opgenhaffen has been appointed as the Managing Director of the Company.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 16.11.2017.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.13 for July-September, 2017 as against Tk. 0.09 for July-September, 2016; NOCFPS was Tk. (0.17) for July-September, 2017 as against Tk. 0.22 for July-September, 2016. NAV per share was Tk. 12.16 as on September 30, 2017 and Tk. 12.02 as on June 30, 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 14.11.2017 to 15.11.2017. Trading of the shares of the Company will remain suspended on record date i.e., 16.11.2017.
- 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 14, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.
- Dividend Declaration
The Board of Directors has recommended 10% stock dividend for the year ended on June 30, 2017. Date of AGM: 20.12.2017, Time: 9:00 AM, Venue: Spectra Convention Center Ltd., House # 19, Road # 7, Gulshan-1, Dhaka-1212. Record date: 16.11.2017. The Company has also reported EPS of Tk. 0.64, NAV per share of Tk. 12.03 and NOCFPS of Tk. (0.77) for the year ended on June 30, 2017 as against Tk. 1.17, Tk. 11.38 and Tk. 0.82 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 (26.10.2017) 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 25, 2017 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
- Query Response
In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Q3 Financials
(Q3 Un-audited): EPS [including capital gain (adjusted)] was Tk. 0.15 for January-March 2017 as against Tk. 0.21 for January-March 2016; EPS [including capital gain (adjusted)] was Tk. 0.38 for July 2016-March 2017 as against Tk. 0.95 for July'15-March'16. EPS [Based on continuing operation (adjusted)] was Tk. 0.15 for January-March, 2017 as against Tk. 0.21 for January-March, 2016; (cont.) (Continuation news of FUWANGCER): EPS [Based on continuing operation (adjusted)] was Tk. 0.38 for July 2016-March 2017 as against Tk. 0.51 for July'15-March'16. NOCFPS was Tk. (0.40) for July 2016-March 2017 as against Tk. 0.74 for July 2015-March 2016. NAV per share was Tk. 11.76 as of March 31, 2017 and Tk. 12.52 as of June 30, 2016. (end)
- 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 30, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.
- Q2 Financials
EPS was Tk. 0.15 for October-December, 2016 as against Tk. 0.22 for October-December, 2015; EPS was Tk. 0.25 for July-December, 2016 as against Tk. 0.33 for July-December, 2015. NOCFPS was Tk. 0.23 for July-December, 2016 as against Tk. 0.36 for July-December, 2015. NAV per share was Tk. 12.77 as on December 31, 2016 and Tk. 12.52 as on June 30, 2016.
- Reschedule of Board Meeting
The Company has further informed that as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, a meeting of the Board of Directors, which was postponed earlier, will now be held on March 02, 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.
- Elected Chairman
The Company has informed that Mr. Javed Opgenhaffen has been elected as the Chairman of the Company.
- Resumption after record
Trading of the shares of the Company will resume on 05.02.2017 after record date for EGM.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 02.02.2017 for EGM.
- Spot for EGM
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 31.01.2017 to 01.02.2017. Trading of the shares of the Company will remain suspended on record date i.e., 02.02.2017 for EGM.
- Postponement of Board Meeting
The Company has further informed that due to unavoidable circumstances, the meeting as per LR 16(1) scheduled to 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, has been postponed. New date and time of the meeting will be notified later.
- 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.
- Increase of Authorized Capital and acquisition of SS Steel (Pvt.) Ltd
The Board of Directors of the Company has decided to increase the Authorized Capital of the Company from Tk. 300.00 crore to Tk. 500.00 crore by amending the Clause V of the Memorandum of Associations and Article 4 of its Articles of Association subject to approval of the shareholders in the EGM. The Board has also decided to increase the Issued Capital by Tk. 219,99,99,990.00 by issuing 21,99,99,999 ordinary shares of Tk. 10.00 each for acquisition of around 100% ordinary shares of SS Steel (Pvt.) Limited to acquire its entire business by exchange of its 1 share for 1 share of SS Steel (Pvt.) Limited, pursuant to section 155(2) of the Companies Act, 1994 and rule 3 of the Securities and Exchange Commission (Issue of Capital) Rules, 2001 subject to approval of the Shareholders in the EGM and consent of BSEC under the aforesaid Rules. Date of EGM: 23.02.2017, Time of EGM: 9:30 AM Venue: Spectra Convention Center Limited, House: 19, Road: 7, Gulsan: 1, Dhaka: 1212. Record date for EGM: 02.02.2017. Based on the audited financial statements of the Company and SS Steel (Pvt.) Limited for the year ended June 30, 2016, the aforesaid acquisition would have improved the net asset value per share and earnings per share of the Company by 17% and 18% respectively had such acquisition been effected on that date.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended on June 30, 2016 to the respective shareholders' BO Accounts on January 08, 2017.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of the Company as "BBB2" along with stable outlook based on audited financial statements up to June 30, 2016; bank liability position as on November 30, 2016 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.