Generation Next Fashions Limited announcements
219 Dhaka Stock Exchange announcements for Generation Next Fashions Limited (GENNEXT) since 2012: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (12).
- Q1
Consolidated EPS was Tk. 0.13 for July-September, 2016 as against Tk. 0.18 for July-September, 2015; Consolidated NOCFPS was Tk. 0.01 for July-September, 2016 as against Tk. 0.24 for July-September, 2015. Consolidated NAV per share was Tk. 13.45 as of September 30, 2016 and Tk. 13.33 as of June 30, 2016.
- EGM to increase authorized capital & time limit of Rights utilization
It is appeared from the notice for the shareholders that the EGM of the company will be held on December 22, 2016 at 11:00 AM at its factory premises at Dhonaid, Earpur, Ashulia, Dhaka to transact, among others, the following business: 1. Authorized capital of the company will be increased from Tk. 400.00 crore to Tk. 500.00 crore and amend clause V of Memorandum of Association and Article 5 of Articles of Association accordingly and 2. To extend time limit of Rights issue utilization fund up to 30.06.18.
- Adoption of 18 months audited accounts & re-fixation of AGM date
<table width="100%" cellspacing="3" border="0"> <tbody> <tr> <td></td> <td align="justify">The Company has informed that the Board of Directors has adopted the audited financial statements for the 18 months period from January 01, 2015 to June 30, 2016. The Company has informed that 10% stock dividend which was declared earlier by the Board of Directors for the year ended on December 31, 2015 will remain unchanged for the 18 months period ended on June 30, 2016. The earlier declared Record Date i.e. 22.05.2016 will remain unchanged.New Date of AGM: 22.12.2016, Time: 11:30 AM, Venue: Factory Premises at Dhonaid, Earpur, Ashuila, Dhaka. The Company has reported EPS of Tk. 1.14 and NOCFPS of Tk. 0.80 for the 18 months period from January 01, 2015 to June 30, 2016 as against Tk. 2.05 and Tk. 1.10 respectively for the period from January 01, 2014 to June 30, 2015.The Company has also reported EPS of Tk. 0.23 and NOCFPS of Tk. 0.46 for the 6 months period from January-June, 2016 as against Tk. 0.71 and Tk. 0.30 respectively for the period from Jan-June, 2015. NAV per share was Tk. 13.33 as of June 30, 2016 and Tk. 13.09 as of December 31, 2015.</td> </tr> </tbody> </table>
- Board Meeting
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 November 28, 2016 at 3:30 PM to consider, among others, audited financial statements of the Company for the 18 months period from January 01, 2015 to June 30, 2016.
- Postponement of AGM and EGM
The Company has informed that pursuant to the Directive issued by the BSEC dated April 27, 2016 to follow July-June as income year with effect from July 01, 2016, in compliance with the provision of the Finance Act, 2015, the Company has postponed their AGM and EGM to be held on June 25, 2016. In compliance with the aforesaid Directive and for the first time adoption of the change in the financial year, AGM of the Company will consider 18 months accounts i.e. audited accounts from January 1, 2015 to June 30, 2016. Therefore the AGM will be held after closing the accounts on June 30, 2016 and within the calendar year 2016. Record date declared earlier i.e., May 22, 2016, shall remain unchanged for entitlement of 10% stock dividend. The stock dividend will be issued subject to the approval of the Shareholders in the forthcoming AGM and enhancement of Tk. 500.00 crore Authorized Capital from Tk. 400.00 crore will be issued subject to the approval of the Shareholders in the forthcoming EGM.
- Resumption after Record date
Trading of the shares of the Company will resume on 24.05.2016 after record date.
- 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 18.05.2016 to 19.05.2016. Trading of the shares of the Company will remain suspended on record date i.e., 22.05.2016.
- Unaudited Financial Information
EPS was Tk. 0.16 for January-March, 2016 as against Tk. 0.41 for January-March, 2015. NOCFPS was Tk. 0.35 for January-March, 2016 as against Tk. 0.26 for January-March, 2015. NAV per share was Tk. 13.27 as of March 31, 2016 and Tk. 13.09 as of December 31, 2015.
- Dividend Declaration
The Board of Directors has recommended 10% stock dividend for the year ended on December 31, 2015. Date of AGM: 25.06.2016, Time: 11:00 AM, Venue: Factory Premises at Dhonaid, Earpur, Ashuila, Dhaka. Record Date: 22.05.2016. The Company has also reported EPS of Tk. 0.91, NAV per share of Tk. 13.09 and NOCFPS of Tk. 0.03 for the year ended on December 31, 2015.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (02.05.2016) following its corporate declaration.
- Board Meeting
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 April 28, 2016 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has rated the Company as "A" in the long term and "ST-3" in the short term along with a stable outlook based on audited financials of the Company up to December 31, 2014, unaudited financials up to September 30, 2015 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.