Gemini Sea Food PLC announcements
320 Dhaka Stock Exchange announcements for Gemini Sea Food PLC (GEMINISEA) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (29).
- Regarding stock dividend for the year ended June 30, 2024
Refer to their earlier news disseminated by DSE on 05.12.2024, the company has further informed that they are yet to get any feedback from Bangladesh Securities and Exchange Commission (BSEC) relating to approval of the said Stock Dividend and subsequent record date for issuance of 7.50% Stock Dividend for the year ended June 30, 2024. The 42nd AGM is going to be held on 29th day of December, 2024. The agenda no. 2 of the 42nd AGM which is related to declaration will be (cont.) (Continuation news of GEMINISEA): considered as 7.50% Cash Dividend only and it will be placed before the Shareholders in the ensuing AGM of the Company for their decision. It may be noted that the record date which was fixed on 5 December, 2024 is applicable for entitlement of 7.50% of Cash Dividend only. The Company will take necessary steps for Stock Dividend subject to getting decision from the BSEC. (end)
- Regarding stock dividend for the year ended June 30, 2024
Refer to their earlier news disseminated by DSE on 14.11.2024 regarding dividend declaration, the company has informed that they have not obtained approval from BSEC yet for issuance of 7.50% Stock Dividend for the year ended 30 June 2024. The Record Date which was fixed on 5 December, 2024 is applicable for entitlement of 7.50% of Cash Dividend only. However, the Company will declare another Record Date for entitlement of Stock dividend after obtaining consent from BSEC.
- Resumption after Record Date
Trading of the shares of the company will resume on 08.12.2024.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 05.12.2024.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has assigned the rating of the Company as "BBB" in the long term and "ST-3" in the short term along with Stable outlook in consideration of its audited financials up to June 30, 2024; unaudited financials up to September 30, 2024 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- 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 with cum benefit from 03.12.2024 to 04.12.2024 and trading of the shares will remain suspended on record date i.e., 05.12.2024.
- Qualified Opinion and Emphasis of Matter
The auditor of the company has given the "Qualified Opinion" and "Emphasis of Matter" paragraphs in the Auditor's Report of the company for the year ended June 30, 2024. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/November/GEMINISEA_2024.pdf
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (2.30) for July-September 2024 as against Tk. 0.62 for July-September 2023; NOCFPS was Tk. (1.25) for July-September 2024 as against Tk. (5.01) for July-September 2023. NAV per share was Tk. 17.39 as on September 30, 2024 and Tk. 19.69 as on June 30, 2024. Reasons for deviation: EPS has been decreased due to leaning period of business and reduction as well GP% than the previous period. NOCFPS increased due to increase of export revenue than the previous period.
- Dividend Declaration
The Board of Directors has recommended 7.50% Cash and 7.50% Stock dividend for the year ended June 30, 2024. Date of AGM: 29.12.2024, Time: 11:00 AM, Medium: Hybrid System. Physical venue: House 56 (3rd Floor), Road 4/A, Satmasjid Road, Dhanmondi, Dhaka-1209. Record Date: 05.12.2024. (cont.1) (Continuation of GEMINISEA): Shares out of the profit for the year ended 30 June 2024 and iii) The Company has not declared such Stock Dividend or Bonus Shares from Capital Reserve or Revaluation Reserve or any Unrealized Gain or out of profit earned prior to incorporation of the Company or through reducing Paid up Capital or through doing anything so that the post dividend retained earnings become negative or a debit Balance. (end) (Continuation of GEMINISEA): The Company has reported EPS of Tk. 4.67, NAV per share of Tk. 19.69 and NOCFPS of Tk. (9.49) for the year ended June 30, 2024 as against Tk. 8.84, Tk. 14.30 and Tk. 0.12 respectively for the year ended June 30, 2023. Disclosures for declaration of Stock Dividend: i. To meet up the regulatory requirement and the fund to be utilized for better working capital management. ii) The Company has declared such Stock Dividend or Bonus (cont.2)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (14.11.2024) following its corporate declaration.
- 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, 2024 at 3:15 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that the Board meeting under LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on November 13, 2024 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Postponement of Board Meeting schedule under LR 19(1)
The Company has further informed that due to unavoidable circumstances, the meeting scheduled to be held on October 28, 2024 at 3:00 PM as per LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, to consider, among others, audited financial statements of the Company for the year ended June 30, 2024, has been postponed.
- 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, 2024 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- BSEC denies consent regarding Rights Share issuance
Referring to their earlies news disseminated by DSE on 25.02.2024 regarding EGM for Issuance of Right Shares, the company has further informed that Bangladesh Securities and Exchange Commission is not in a position to accord consent to the company for raising capital of Tk. 1,28,20,93,200.00 only through issuance of Right Shares.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 2.33 for January-March 2024 as against Tk. 4.69 for January-March 2023; EPS was Tk. 6.93 for July 2023-March 2024 as against Tk. 8.74 for July 2022-March 2023. NOCFPS was Tk. (15.64) for July 2023-March 2024 as against Tk. 1.61 for July 2022-March 2023. NAV per share was Tk. 21.95 as on March 31, 2024 and Tk. 14.50 as on June 30, 2023. NOCFPS has decreased because of increase in accounts receivable as well as advance payments to suppliers than the previous period.
- 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 29, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Resumption after Record Date
Trading of the shares of the company will resume on 19.03.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 18.03.2024 for EGM.
- Spot for EGM
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 13.03.2024 to 14.03.2024 and trading of the shares will be suspended on record date i.e., 18.03.2024 for EGM.
- The Boad of Directors of the company has taken the following decisions regarding issuance of right shares: Proposed Righ
The Boad of Directors of the company has taken the following decisions regarding issuance of right shares: Proposed Rights Shares: 02[R]:01, [i.e. 02 (two). Right Shares for every 01 (one) existing ordinary Share held] at an issue price of Tk. 60.00 each including a premium of Tk. 50.00 per Share based on the financial statements for the period ended 31 December 2023 (after considering of 75\% Stock dividend for the year ended 30 June 2023) (cont.1)
- (Cont. news of GEMINISEA): subject to approval by the Shareholders in the EGM & Bangladesh Securities and Exchange Commi
(Cont. news of GEMINISEA): subject to approval by the Shareholders in the EGM & Bangladesh Securities and Exchange Commission. The purpose of the issuance of Rights Shares is to raise further Paid-up Capital (PuC) for the expansion of existing production capacity, repayment of its Bank loan and to raise working capital to enhance the profitability of the Company. (cont.2)
The first part of this announcement is missing from the archive. - EGM for Issuance of Right Shares
(Cont. news of GEMINISEA): Date and time of the EGM: 17.04.2024 at 11:30 AM. Venue of the EGM: House-56 (Level-6) Road-4/A, Satmasjid Road, Dhanmondi, Dhaka-1209 and Digital Platform under Hybrid System. Record date of the EGM:18.03.2024. Record date fro entitlement of the proposed right issue: Another record date for entitlement to the proposed Right Shares will be notified later on after obtaining approval from BSEC. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (25.02.2024) following its decision for issuance of rights shares.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
- (Q2 Un-audited): EPS was Tk. 4.01 for October-December 2023 as against Tk. 1.72 for October-December 2022; EPS was Tk. 4
(Q2 Un-audited): EPS was Tk. 4.01 for October-December 2023 as against Tk. 1.72 for October-December 2022; EPS was Tk. 4.60 for July-December 2023 as against Tk. 4.06 for July-December 2022. NOCFPS was Tk. (6.32) for July-December 2023 as against Tk. 4.46 for July-December 2022. NAV per share was Tk. 19.61 as on December 31, 2023 and Tk. 14.30 as on June 30, 2023. (cont.)
- Q2 Financials
(Continuation news of GEMINISEA): Reasons for significant deviation in EPS, NAVPS and NOCFPS: EPS has been increased mainly due to increase in revenue than the previous period and significant price increase. NAVPS has been increased due to earned profit during the period. NOCFPS has been decreased due to insignificant amount realized from sales than the previous period. (end)
The first part of this announcement is missing from the archive. - 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, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
- Dividend Disbursement
The Company has informed that it has credited the Bonus Shares for the year ended June 30, 2023 to the respective shareholders' BO Accounts.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.