GBB Power Limited announcements
245 Dhaka Stock Exchange announcements for GBB Power Limited (GBBPOWER) since 2012: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2018 (19).
- Credit Rating Result
Alpha Credit Rating Limited (AlphaRating) has rated the Company as "AA" in the long term and "ST-1" in the short term along with a stable outlook based on audited financial statements of the Company up to June 30, 2018 and relevant qualitative information up to December 09, 2018.
- Resumption after record date
Trading of the shares of the Company will resume on 22.11.2018 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2018.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.26 for July-September, 2018 as against Tk. 0.35 for July-September, 2017; NOCFPS was Tk. (0.19) for July-September, 2018 as against Tk. 0.60 for July-September, 2017. NAV per share was Tk. 19.80 as on September 30, 2018 and Tk. 21.42 as on September 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, 2018 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, 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 07.11.2018 to 19.11.2018. Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2018.
- Dividend Declaration
The Board of Directors has recommended No dividend for the year ended on June 30, 2018. Date of AGM: 27.12.2018, Time: 10:00 AM, Venue: Conference Hall, Hotel Naz Garden, Silimpur, Bogura. Record Date: 20.11.2018. The Company has also reported EPS of Tk. 0.94, NAV per share of Tk. 19.54 and NOCFPS of Tk. (0.01) for the year ended on June 30, 2018 as against Tk. 1.10 (adjusted), Tk. 20.05 (adjusted) and Tk. 1.41 (adjusted) 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 (29.10.2018) following its corporate declaration.
- Category Change
The Company will be placed in 'Z' category from existing 'A' category with effect from October 30, 2018 as the Company has recommended No dividend for the year ended on June 30, 2018.
- 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 GBB Power Ltd. with effect from October 30, 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 October 28, 2018 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. (0.04) for January-March 2018 as against Tk. 0.32 for January-March 2017; EPS was Tk. 0.58 for July 2017-March 2018 as against Tk. 0.87 for July 2016-March 2017. NOCFPS was Tk. 1.73 for July 2017-March 2018 as against Tk. 1.18 for July 2016-March 2017. NAV per share was Tk. 20.15 as on March 31, 2018 and Tk. 20.05 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 April 24, 2018 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, 2018.
- Dispose of the Litigation between the Company & PGCL and its impact
The Company has informed that the Arbitral Tribunal of Bangladesh Energy Regulatory Commission has disposed of the Litigation between GBB Power Limited & Pashchimanchal Gas Company (PGCL) on January 10, 2018 vide Order No. 1(1)/2015 which states the following: 1) The Claim on HHV by PGCL (Tk. 14,70,52,080.00) should be paid by GBB Power Limited in 20 equal installments; 2) interest on late payment of the bills (except between 28.10.2009 to 10.01.2018) to be paid (cont.) (Continuation news of GBBPOWER): by GBB Power Limited in 20 equal installments. (The amount has been confirmed by the PGCL vide letter No. 77.17.65(GBB)/530(DLO) dated on 27.01.2018). the order of the Arbitral Tribunal has duly been approved by the Bangladesh Energy Regulatory Commission and that stands to be final and absolute as per BERC Act 2003. The above Order will have severe adverse effect on the net profit as well as EPS during the next 3 financial years. (end)
- Confirmation of share receipt by a Director
Mrs. Morziana Hasan, one of the Directors of the Company has further reported that she has completed her receipt of 20,36,160 shares of the Company from her Mother Mrs. Rezina Akbar, a Placement Shareholder of the Company, by way of gift outside the trading system of the Exchange as announced earlier.
- Declaration of share receipt by a Director
Mrs. Morziana Hasan, one of the Directors of the Company has expressed her intention to receive 20,36,160 shares of the Company from her Mother Mrs. Rezina Akbar, a Placement Shareholder of the Company, by way of gift outside the trading system of the Exchange within 30 working days from the date of issuance of approval letter by DSE.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.27 for October-December, 2017 as against Tk. 0.25 for October-December, 2016; EPS was Tk. 0.62 for July-December, 2017 as against Tk. 0.55 for July-December, 2016. NOCFPS was Tk. 0.93 for July-December, 2017 as against Tk. (0.06) for July-December, 2016. NAV per share was Tk. 20.20 as on December 31, 2017 and Tk. 20.48 as on December 31, 2016.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on June 30, 2017 to the respective shareholders' BO Accounts and it has also disbursed cash dividend to the respective shareholders' Bank Accounts through BEFTN.
- 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 24, 2018 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.