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 2018 (14).
- 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): Consolidated EPS was Tk. (0.2833) for July-September, 2018 as against Tk. (0.3672) for July-September, 2017; Consolidated NOCFPS was Tk. 0.24 for July-September, 2018 as against Tk. (0.79) for July-September, 2017. Consolidated NAV per share was Tk. 21.77 as on September 30, 2018 and Tk. 22.05 as on June 30, 2018.
- 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, 2018 at 5:00 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: 15.12.2018, Time: 11:00 AM, Venue: Factory Premises at Khowaj Nagar, Ajimpara, Karnafully, Chittagong. Record Date: 20.11.2018. The Company has also reported Consolidated EPS of Tk. (1.04), Consolidated NAV per share of Tk. 22.05 and Consolidated NOCFPS of Tk. (2.13) for the year ended on June 30, 2018 as against Tk. (1.27), Tk. 23.09 and Tk. (0.41) 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 (31.10.2018) 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 30, 2018 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. (0.23) for January-March 2018 as against Tk. (0.16) for January-March 2017; Consolidated EPS was Tk. (0.96) for July 2017-March 2018 as against Tk. (0.43) for July 2016-March 2017. Consolidated NOCFPS was Tk. (1.19) for July 2017-March 2018 as against Tk. 0.27 for July 2016-March 2017. Consolidated NAV per share was Tk. 22.13 as on March 31, 2018 and Tk. 23.09 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 30, 2018 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.
- Restoration of the bond license of the Company
The Customs Bond Commissionerate, Govt. of the People's Republic of Bangladesh has further informed that Golden Son Limited had filled 2 writ petitions number 16004/2017 and 16078/2017 in the High Court Division of the Hon'ble Supreme Court against the trial no. 75/2017, dated 29.10.2017 of the Customs Bond Commissionerate, Chittagong. Against those writ petitions, the Hon'ble High Court Division has given the following Order on 22.11.02017: (cont. 1) (Continuation news of GOLDENSON): The above staffs are directed to provide necessary supports to comply with the stated order from the customs excise and vat appellate tribunal, Dhaka. It is also instructed to Golden Son limited to continue their business activities by complying all the relevant rules and regulations of the customs act. (end) (Continuation news of GOLDENSON): steps can be taken against them as per section 13(3) of the Customs Act, 1969. Necessary manpower will be employed for complying the order of the customs excise and vat appellate tribunal, Dhaka. Under the direct supervision of those staffs, the into-bond and product ex-bond will be conducted and the entry will also be confirmed in the bond register by those staffs as well. (cont. 8) (Continuation news of GOLDENSON): has been temporarily restored. However, the next course of actions will be taken against the company based on the decision from the High Court on the pending litigations that are currently running against the company. After the restoration of the bonded warehouse license, if the company further evades any customs or duties or if any irregularities are found against them or if required, as per normal course of law based on the previous cases, (cont. 7) (Continuation news of GOLDENSON): has been deposited in the Government treasury in the treasury chalan and 2% on financial penalty of Tk. 30,00,00,000.00 i.e. Tk. 60,00,000.00 under unconditional bank guarantee. These payments have been verified and found to be correct by the respective authorities. As conditions imposed by the customs excise and vat appellate tribunal of Dhaka has been obeyed, as per the said interim order, the bonded warehouse license of Golden Son Limited (cont. 6) (Continuation news of GOLDENSON): register and for this instruction was given to the Commissioner, Customs Bond Commissionerate, Chittagong to engage sufficient staffs for restoring the bond license of the appellate. Alongside, it is also instructed to the bond company to conduct its business activities by complying all the rules and regulations of the customs act. As per interim order of the appellate tribunal, 5% of total Tk. 13,29,01,811.61 (as customs duty) i.e. Tk. 66,45,091.00 (cont. 5) (Continuation news of GOLDENSON): the entire tariff and taxes through treasury challan and 2% of the financial penalty through unconditional bank guarantee in the government treasury within 08.04.2018 and after scrutiny if it is found appropriate, under the active supervision of the customs authority, the into-bond as well as the ex-bond of the company will be performed and Employees nominated by the bond authority will confirm the into-bond and ex-bond entry in the bond (cont. 4) (Continuation news of GOLDENSON): has filed an appeal in the Customs Excise and Vat Appellate Tribunal, Dhaka against the pending trial no. 75/2017 in Chittagong, dated 29.10.2017, the appeal number of which is CEVT/CASE(CAS)-95/2018. The Customs Excise and Vat Appellate Tribunal, Dhaka has issued an interim order. The verdict of that order is as follows: As per section 194 of the Customs Act, 1969, If the appellant, as statutory deposit, makes payment of 5% of (cont. 3) (Continuation news of GOLDENSON):"The petitioners will be entitled to prefer an appeal before the concerned tribunal within a period of 90 days from the date of adjudication order dated 29.10.2017. The petitioner will also be entitled to conduct his business during the aforesaid period of 90 days, in accordance with law. Thereafter, the Customs Authority shall proceed in accordance with law." Based on this Order of the Hon'ble High Court Division of the Supreme Court, Golden Son Limited (cont. 2)
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. (0.36) for October-December, 2017 as against Tk. (0.14) for October-December, 2016; Consolidated EPS was Tk. (0.73) for July-December, 2017 as against Tk. (0.27) for July-December, 2016. Consolidated NOCFPS was Tk. (1.55) for July-December, 2017 as against Tk. (1.17) for July-December, 2016. Consolidated NAV per share was Tk. 22.36 as on December 31, 2017 and Tk. 23.09 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 January 31, 2018 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of the Company as "BBB1" along with Negative outlook based on audited financial statements up to June 30, 2017 and bank liability position as on November 30, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.