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 2016 (19).
- Query Response
In response to a DSE query dated December 27, 2016, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Category Change
The Company will be placed in 'B' category from existing 'A' category with effect from December 27, 2016 as the Company has approved 5% cash dividend for its General Shareholders for the 18 months period from January 01, 2015 to June 30, 2016.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers, Merchant Bankers and Portfolio Managers are requested to abstain from providing loan facilities to purchase security of Golden Son Limited in between 1st to 30th trading day after change of categorization, effective from December 27, 2016 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- Information for brokerage houses relating to Margin loan
The Company has requested the concerned brokerage houses to send detailed data of shareholders (shareholders names, BO Account Number, e-TIN and shareholding position etc.) relating to margin loan to share office of the Company at House No. 1058, Road No. 07, Mirpur DOHS, Dhaka-1216 by 10.12.2016 who are eligible to receive cash dividend as on record date. The brokerage houses are also requested to mention respective Bank Account Name, Account Number and routing number etc. in their letter.
- Resumption after record date
Trading of the shares of the Company will resume on 17.11.2016 after record date.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. (0.13) for July-September, 2016 as against Tk. 0.45 for July-September, 2015; Consolidated NOCFPS was Tk. 0.23 for July-September, 2016 as against Tk. (0.85) for July-September, 2015. Consolidated NAV per share was Tk. 24.49 as of September 30, 2016 and Tk. 24.62 as of June 30, 2016.
- Suspension for record date
Trading of the shares of the Company will remain suspended on record date i.e., 16.11.2016.
- AGM Date
The Company has further informed that due to unavoidable circumstances the 12th AGM of the Company will now be held on December 26, 2016 instead of December 24, 2016. Other information of the AGM is announced earlier.
- Spot for 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 14.11.2016 to 15.11.2016. Trading of the shares of the Company will remain suspended on record date i.e., 16.11.2016.
- Board Meeting
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, 2016 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, 2016.
- Dividend Declaration
The Board of Directors has recommended 5% cash dividend for general shareholders (excluding Sponsors/Directors) for the 18 months period from January 01, 2015 to June 30, 2016. The Sponsors and Directors hold 71,933,171 shares (41.89% of total securities) and dividend entitled for the general security holders are 99,796,601 shares (58.11% of total securities). Date of AGM: 24.12.2016, Time: 11:00 AM, Venue: Factory Premises at Khowaz Nagar, Ajimpara, Karnafully, Chittagong. Record Date: 16.11.2016.<br> The Company has also reported EPS of Tk. 0.89, NAV per share of Tk. 24.62 and NOCFPS of Tk. 0.70 for the 18 months period from January 01, 2015 to June 30, 2016 .
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.10.2016) following its corporate declaration.
- 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, 2016 at 3:00 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 Board Meeting schedule under LR 19(1
The Company has further informed that the Board meeting scheduled to be held on April 30, 2016 at 2:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015, has been postponed to comply with the Finance Act, 2015 for changing the financial year from 1st July to 30th June instead of 1st January to 31st December effective from this year. New date and time of the Board meeting will be notified later on according to rules and regulations.
- 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 April 30, 2016 at 2:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.
- Decision for Land purchase
The Company has informed that The Board of Directors of the comapny has decided to purchase 233.50 decimals of Industrial Land adjacent to the factory building of the company with approximately Tk. 56,226,800.00 including registration cost. The location of the land is at Mouza Khowajnagar, Ajimpara, Potiya, Chittagong, for future expansion of the company. Per decimal cost of the land is Tk. 215,000.00.
- Land purchase of a subsidiary company
The Board of Directors of Golden Infinity Limited (Wherein Golden Son Limited holds 99.99% of its shares) has decided to purchase 183.40 decimals of Industrial Land adjacent to the factory building of the company with approximately Tk. 44,162,720.00 (which includes Registration Cost approximately Tk. 4,731,720.00) for Golden Infinity Limited. The location of the land is at Mouza Khowajnagar, Ajimpara, Potiya, Chittagong, for future expansion of the company. Per decimal cost of the land is Tk. 215,000.00.
- Investment in a Subsidiary Company
The Company has informed that the Board of Directors of the Company has decided to make a further investment of Tk. 3,99,96,000.00 only against 39,99,600 ordinary shares of Tk. 10 each of Golden Infinity Limited, a subsidiary of the Company where Golden Son Limited holds 99.99% of shares of Golden Infinity Limited.
- Sanctioning loan to a subsidiary company
The Company has informed that NRB Bank Limited has sanctioned an amount of Tk. 54.20 crore loan to Golden Infinity Limited, a non-listed company wherein Golden Son Limited holds 99.99% of its shares. The estimated project cost will be Tk. 92.00 crore. Golden Infinity Limited will soon start construction work of the factory building and the process of importing machineries.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.