DSE:GOLDENSON

Golden Son Limited announcements

348 Dhaka Stock Exchange announcements for Golden Son Limited (GOLDENSON) since 2008: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2013 (18).

  1. MoU signed with Mr. Stephen Christenson

    The Company has informed that "GSL Export Ltd., a subsidiary company of Golden Son Ltd. has signed a Memorandum of Understanding (MoU) with Mr. Stephen Christenson, a famous German Industrialist and businessman to set up a large scale 100% export oriented toys manufacturing factory in GSL Export Ltd. Under the said MoU, Mr. Stephen has agreed to invest in 50% shares of GSL Export Ltd., Golden Son will invest 40% and Mr. Belal Ahmed will invest in 10% shares. Presently, Mr. Stephen has business and factories of similar product lines in Germany, Latvia and China of which the business and factory of Latvia named Latvian Corporation has been in operation for last 103 years. Due to recent increase in labour and production cost in those countries, Mr. Stephen has decided to shift his business from those countries to Bangladesh and signed the said MoU with GSL Export Ltd. GSL Export Ltd. has hired a floor space of 50,000 sft. from Golden Son Ltd. to set up its own factory to manufacture various types of toys for export purpose. The production in the factory will start from April 2014 and the products will be exported to whole over the world. As the parent Company, the Board of Directors of Golden Son Ltd. has also approved the said proposal/scheme."

  2. The Company has informed that "GSL Export Ltd., a subsidiary company of Golden Son Ltd. has signed a Memorandum of Under

    The Company has informed that "GSL Export Ltd., a subsidiary company of Golden Son Ltd. has signed a Memorandum of Understanding (MoU) with Mr. Stephen Christenson, a famous German Industrialist and businessman to set up a large scale 100% export oriented toys manufacturing factory in GSL Export Ltd. Under the said MoU, Mr. Stephen has agreed to invest in 50% shares of GSL Export Ltd., Golden Son will invest 40% and Mr. Belal Ahmed will invest in 10% shares. Presently, Mr. Stephen has business and factories of similar product lines in Germany, Latvia and China of which the business and factory of Latvia named Latvian Corporation has been in operation for last 103 years. (Cont.)

  3. (Continuation of news of GOLDENSON): Due to recent increase in labour and production cost in those countries, Mr. Stephe

    (Continuation of news of GOLDENSON): Due to recent increase in labour and production cost in those countries, Mr. Stephen has decided to shift his business from those countries to Bangladesh and signed the said MoU with GSL Export Ltd. GSL Export Ltd. has hired a floor space of 50,000 sft. from Golden Son Ltd. to set up its own factory to manufacture various types of toys for export purpose. The production in the factory will start from April 2014 and the products will be exported to whole over the world. As the parent Company, the Board of Directors of Golden Son Ltd. has also approved the said proposal/scheme." (end)

    The first part of this announcement is missing from the archive.
  4. (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2013 (July'13 to Sep'13), the Com

    (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2013 (July'13 to Sep'13), the Company has reported net profit after tax of Tk. 92.84 million with EPS of Tk. 0.76 as against Tk. 122.83 million and Tk. 1.01 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 306.42 million with EPS of Tk. 2.51 for the period of nine months (Jan'13 to Sep'13) ended on 30.09.2013 as against Tk. 397.19 million and Tk. 3.25 respectively for the same period of the previous year.

  5. Credit Rating

    Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating (surveillance) of the Company as "AA3" based on audited financial statements up to 31 December 2012, unaudited half-yearly 2013 (ended as on 30 June 2013) financial statement, Bank liability position as on 19 September 2013 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

  6. Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating (surveillance) of the Company as "AA3"

    Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating (surveillance) of the Company as "AA3" based on audited financial statements up to 31 December 2012, unaudited half-yearly 2013 (ended as on 30 June 2013) financial statement, Bank liability position as on 19 September 2013 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

  7. With reference to the Company's letter dated 09.02.2013 regarding formation of subsidiary Company of Golden Son Ltd. (ne

    With reference to the Company's letter dated 09.02.2013 regarding formation of subsidiary Company of Golden Son Ltd. (news disseminated by DSE on 10.02.2013), the Company has further informed that the Board of Directors of the Company has decided that the name of subsidiary Company will be GSL Export Ltd. instead of M/S. GSL Dyeing Ltd.

  8. (H/Y): As per un-audited half yearly accounts as on 30.06.2013 (Jan'13 to June'13), the Company has reported net profit

    (H/Y): As per un-audited half yearly accounts as on 30.06.2013 (Jan'13 to June'13), the Company has reported net profit after tax of Tk. 213.58 million with EPS of Tk. 1.75 as against Tk. 274.36 million and Tk. 2.25 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 112.77 million with EPS of Tk. 0.92 for the period of 3 months (Apr'13 to June'13) ended on 30.06.2013 as against Tk. 164.54 million and Tk. 1.35 respectively for the same period of the previous year.

  9. The Company has informed that it has credited the bonus shares for the year ended on December 31, 2012 to the respective

    The Company has informed that it has credited the bonus shares for the year ended on December 31, 2012 to the respective shareholders' BO Accounts on July 07, 2013.

  10. (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2013 (Jan'13 to Mar'13), the Company

    (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2013 (Jan'13 to Mar'13), the Company has reported net profit after tax of Tk. 100.81 million with EPS of Tk. 0.95 as against Tk. 109.82 million and Tk. 1.03 respectively for the same period of the previous year. However, considering proposed bonus share @ 15% for the year 2012, restated basic EPS will be Tk. 0.83 as on 31.03.2013 and Tk. 0.90 as on 31.03.2012.

  11. Normal trading of the shares of the Company will resume on 19.05.2013 after record date.

    Normal trading of the shares of the Company will resume on 19.05.2013 after record date.

  12. Trading of the shares of the Company will remain suspended on record date i.e., 16.05.2013.

    Trading of the shares of the Company will remain suspended on record date i.e., 16.05.2013.

  13. Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be

    Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 13.05.2013 to 15.05.2013. Trading of the shares of the Company will remain suspended on record date i.e., 16.05.2013.

  14. The Board of Directors has recommended cash dividend @ 5% (i.e. Tk. 0.50 per share of Tk. 10.00 each) and stock dividend

    The Board of Directors has recommended cash dividend @ 5% (i.e. Tk. 0.50 per share of Tk. 10.00 each) and stock dividend @ 15% for the year ended on December 31, 2012. Date of AGM: 27.06.2013, Time: 12.00 Noon, Venue: Hotel Agrabad Ltd, Agrabad, Chittagong. Record Date: 16.05.2013. The Company has also reported EPS of Tk. 4.26, NAV per share of Tk. 33.00 and NOCFPS of Tk. 0.32 for the year ended on December 31, 2012.

  15. There will be no price limit on the trading of the shares of the Company today (02.05.2013) following its corporate decl

    There will be no price limit on the trading of the shares of the Company today (02.05.2013) following its corporate declaration.

  16. As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will

    As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on April 30, 2013 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2012.

  17. (continuation of news of GOLDENSON): Golden Son Limited will provide 50 decimals of land adjacent to the factory of the

    (continuation of news of GOLDENSON): Golden Son Limited will provide 50 decimals of land adjacent to the factory of the company at Khowajnagar, Ajimpara, Karnafully, Chittgong as lease on rental basis for 25 years to its subsidiary company. At present the registered office of Golden Son Ltd. will be treated as registered office of its subsidiary company at sute #808, Paltan Tower (8th floor) 87, Purana Paltan Lane, Dhaka-1000. (end)

    The first part of this announcement is missing from the archive.
  18. The Company has informed that the Board of Directors of the Company has decided to establish a subsidiary company of Gol

    The Company has informed that the Board of Directors of the Company has decided to establish a subsidiary company of Golden Son Limited. The name and style of the subsidiary company shall be M/S. GSL Dying Ltd. (proposed). The main object of subsidiary company is to set up a Dying factory at Chittagong. As per decision the Authorized capital of the subsidiary company shall be Tk. 50.00 crore and initial paid up capital shall be Tk. 10.00 crore only of which Golden Son Ltd. will provide 90% from its retained earnings and as a Director Mr. Belal Ahmed, Managing Director of the company will provide 10% of paid up capital i.e. Golden Son Ltd. will provide Tk. 9.00 crore from its retained earnings and Mr. Belal Ahmed, will provide Tk. 1.00 crore from his own source. (cont.)

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.