Fu-Wang Foods Limited announcements
385 Dhaka Stock Exchange announcements for Fu-Wang Foods Limited (FUWANGFOOD) 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 07.12.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 06.12.2017 for EGM & AGM.
- Spot News for EGM & AGM
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 04.12.2017 to 05.12.2017. Trading of the shares of the Company will remain suspended on record date i.e., 06.12.2017 for EGM & AGM.
- Date and Time Change of EGM & AGM
The Company has further informed that the 4th EGM and 21st AGM of the Company will now be held on December 29, 2017 instead of December 26, 2017. New Time of the EGM and AGM: 11:00 AM and 10:00 AM respectively. Other information will remain unchanged.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.16 for July-September, 2017 as against Tk. 0.05 for July-September, 2016; NOCFPS was Tk. 0.19 for July-September, 2017 as against Tk. 0.52 for July-September, 2016. NAV per share was Tk. 12.64 as on September 30, 2017 and Tk. 12.48 as on June 30, 2017.
- Date of EGM & new Date of AGM
With reference to their earlier news (disseminated by DSE on 29.10.2017 regarding "Dividend Declaration & increase of Authorized Capital") The Company has further informed that they will conduct an EGM to increase the Authorized Capital from Tk. 100.00 crore to Tk. 150.00 crore by amending the Clause V of the Memorandum of Associations and clause 4 of the Articles of Association of the Company, subject to approval of the shareholders in the EGM (cont.) (Continuation news of FUWANGFOOD): Date of EGM: 26.12.2017, Time: 11:30 AM, Venue: Army Golf Club, Dhaka. Record date for EGM: 06.12.2017. The 21st AGM will now be held on December 26, 2017 instead of December 27, 2017. Other information of the AGM will remain unchanged. (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 November 12, 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.
- Dividend Declaration & increase of Authorized Capital
The Board of Directors has recommended 10% stock dividend for the year ended on June 30, 2017. The Board of Directors has also decided to increase the Authorized Capital of the Company from Tk. 100.00 crore to Tk. 150.00 crore. Date of AGM: 27.12.2017, Time: 11:00 AM, Venue: Army Golf Club, Dhaka. Record date: 06.12.2017. (cont.) (Continuation news of FUWANGFOOD): The Company has also reported EPS of Tk. 0.67, NAV per share of Tk. 12.48 and NOCFPS of Tk. 0.16 for the year ended on June 30, 2017 as against Tk. 0.94 (adjusted), Tk. 11.75 (adjusted) and Tk. 0.40 (adjusted) 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 (29.10.2017) following its corporate declaration.
- 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 October 26, 2017 at 3:00 PM instead of October 18, 2017 to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
- 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 18, 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 dated October 04, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in trading volume.
- Fine Imposed upon the Directors of the Company
BSEC News: BSEC has fined Tk. 1.00 lac each of the following directors Mr. Arif Ahmed Chowdhury (Managing Director), Mr. Kamal Kanti Mondal (Director) and Mr. Biplob Chakraborty (Director) for non-compliance with the securities related laws.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating (surveillance) of the Company as "BBB2" along with a stable outlook based on audited financial statements of the Company up to December 31, 2016, un audited management prepared financial statements as on June 30 2017, Bank liability position as on August 13, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Enquiry Committee formed by BSEC
BSEC NEWS: Bangladesh Securities and Exchange Commission (BSEC) has formed an enquiry committee to investigate into unusual movement of price and volume of shares of Fu-Wang Foods Ltd. in the Stock Exchanges (BSEC Order No. BSEC/Surveillance/2017-0895/813 dated July 24, 2017).
- Response of a query made by DSE
In response to a query made by DSE regarding a news published in the online newspaper sharenews24.com concerning decision of Fu-Wang Food Limited authority to sell Company's shares held by its sponsor(s) and/or director(s), the Company has given the following response and comment on the news: "Fully false, rumor and unauthentic."
- Query Response (Repeat)
(Repeat): In response to a DSE query dated July 04, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Query Response
In response to a DSE query dated July 04, 2017, 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 was Tk. 0.22 for January-March 2017 as against Tk. 0.22 for January-March 2016; EPS was Tk. 0.43 for July 2016-March 2017 as against Tk. 0.59 for July'15-March'16. NOCFPS was Tk. 0.73 for July 2016-March 2017 as against Tk. 0.59 for July 2015-March 2016. NAV per share was Tk. 12.17 as of March 31, 2017 and Tk. 11.75 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 April 30, 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.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.16 for October-December, 2016 as against Tk. 0.17 (restated) for October-December, 2015; EPS was Tk. 0.21 for July-December, 2016 as against Tk. 0.37 (restated) for July-December, 2015. NOCFPS was Tk. 0.49 for July-December, 2016 as against Tk. 0.51 (restated) for July-December, 2015. NAV per share was Tk. 11.95 as of December 31, 2016 and Tk. 11.75 (restated) 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 28, 2017 at 11:30 AM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2016.
- Dividend Disbursement
The Company has informed that it has credited Bonus share for the year ended on June 30, 2016 to the respective shareholders' BO Accounts on January 17, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.