GPH Ispat Limited announcements
278 Dhaka Stock Exchange announcements for GPH Ispat Limited (GPHISPAT) since 2012: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2018 (18).
- Credit Rating Result
Alpha Credit Rating Limited (AlphaRating) has rated the Company as "AA" in the long term and "ST-2" in the short term along with a stable outlook based on audited financial statements of the Company as on June 30, 2016 to June 30, 2018 and relevant qualitative information till December 01, 2018.
- Resumption after record date
Trading of the shares of the Company will resume on 19.11.2018 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2018.
- Confirmation of share transfer by a Sponsor Director
The Company has informed that Mr. Mohd. Jahangir Alam, one of the Sponsors Directors of the Company, has completed his transfer of total 2,10,00,000 shares of the Company in the following manner: 70,00,000 shares each to his spouse Mrs. Masuma Begum, daughter Ms. Sadman Syka Sefa and son Mr. Salehin Musfique Sadaf, by way of gift outside the trading system of the Exchange as announced earlier.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.54 for July-September 2018 as against Tk. 0.42 for July-September 2017; NOCFPS was Tk. 1.17 for July-September 2018 as against Tk. 0.32 for July-September 2017. NAV per share was Tk. 17.41 as on September 30, 2018 and Tk. 16.89 as on June 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 with cum benefit from 14.11.2018 to 15.11.2018. Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2018.
- Declaration of share transfer by a Sponsor Director
Mr. Mohd. Jahangir Alam, one of the Sponsors Directors of the Company, has expressed his intention to transfer of total 2,10,00,000 shares out of his total holding of 9,82,01,250 shares of the Company in the following manner: 70,00,000 shares each to his spouse Mrs. Masuma Begum, daughter Ms. Sadman Syka Sefa and son Mr. Salehin Musfique Sadaf, by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by CSE.
- 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 12, 2018 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2018.
- Dividend Declaration
The Board of Directors has recommended 10% stock dividend for the year ended on June 30, 2018. Date of AGM: 19.12.2018, Time: 11:00 AM, Venue: Chittagong Club Ltd., S.S Khaled Road, Chittagong. Record date: 18.11.2018. (cont.) (Continuation news of GPHISPAT): The Company has also reported EPS of Tk. 1.97, NAV per share of Tk. 16.89 and NOCFPS of Tk. 1.12 for the year ended on June 30, 2018 as against Tk. 1.83, Tk. 16.15 and Tk. 3.83 respectively for the same period of the previous year. (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.10.2018) 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 27, 2018 at 10:00 AM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Decided to invest as equity in a Private Limited Company
The Board of Directors has decided to invest as equity in a Private Limited Company namely Star Allied Venture Ltd. GPH Ispat Ltd. will invest as equity for 25,000 Ordinary Shares of Tk. 100.00 each and the total value of investment is Tk. 25,00,000.00. It may be mentioned here that Star Allied Venture Ltd. will form a joint venture company (cont.) (Continuation news of GPHISPAT): with Yunnan Yongle Overseas Investment Co. Ltd. (a subsidiary of Kunming Iron and Steel Holding Co. Ltd. , a state owned company of China Government). The purpose of the formation of this joint venture company is to establish a joint venture investment in Bangladesh with an amount of USD 2.30 Billion. (end)
- Land Purchase
The Company has informed that the Board of Directors has decided to purchase 12.37 acres land at Masjiddah, Sitakunda, Chattogram for the purpose of ongoing expansion project necessity at a cost (including the registration cost) of approximately Tk. 86,82,52,000.00 only.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.69 for January-March 2018 as against Tk. 0.47 for January-March 2017; EPS was Tk. 1.58 for July 2017-March 2018 as against Tk. 1.22 for July 2016-March 2017. NOCFPS was Tk. 0.32 for July 2017-March 2018 as against Tk. 2.37 for July 2016-March 2017. NAV per share was Tk. 16.49 as on March 31, 2018 and Tk. 16.15 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 26, 2018 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.47 for October-December, 2017 as against Tk. 0.42 for October-December, 2016; EPS was Tk. 0.89 for July-December, 2017 as against Tk. 0.74 for July-December, 2016. NOCFPS was Tk. (0.87) for July-December, 2017 as against Tk. 1.00 for July-December, 2016. NAV per share was Tk. 15.82 as on December 31, 2017 and Tk. 16.15 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 30, 2018 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2017 to the respective shareholders' Bank Accounts through BEFTN System.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.