GSP Finance Company (Bangladesh) PLC announcements
234 Dhaka Stock Exchange announcements for GSP Finance Company (Bangladesh) PLC (GSPFINANCE) since 2012: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (22).
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.18 for July-September 2022 as against Tk. 0.46 for July-September 2021; Consolidated EPS was Tk. 0.63 for January-September 2022 as against Tk. 1.27 for January-September 2021. Consolidated NOCFPS was Tk. (0.28) for January-September 2022 as against Tk. 0.78 for January-September 2021. Consolidated NAV per share was Tk. 21.98 as on September 30, 2022 and Tk. 21.35 as on December 31, 2021.
- 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 October 29, 2022 at 11:00 AM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2022.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.14 for April-June 2022 as against Tk. 0.46 for April-June 2021; Consolidated EPS was Tk. 0.45 for January-June 2022 as against Tk. 0.81 for January-June 2021. Consolidated NOCFPS was Tk. (0.21) for January-June 2022 as against Tk. 0.81 for January-June 2021. Consolidated NAV per share was Tk. 21.80 as on June 30, 2022 and Tk. 21.35 as on December 31, 2021.
- 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 October 23, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2022.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.31 for January-March 2022 as against Tk. 0.35 for January-March 2021. Consolidated NOCFPS was Tk. (0.19) for January-March 2022 as against Tk. 0.73 for January-March 2021. Consolidated NAV per share was Tk. 21.66 as on March 31, 2022 and Tk. 21.35 as on December 31, 2021.
- 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 September 29, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2022.
- The auditor of the GSP Finance Company (Bangladesh) Limited has given the \"Qualified Opinion\" paragraphs in the audito
The auditor of the GSP Finance Company (Bangladesh) Limited has given the \"Qualified Opinion\" paragraphs in the auditor\'s report for the year ended December 31, 2021. Qualified Opinion: The company has significant investments in Term Deposit Receipts (TDR) of BDT 138,700,000 and BDT 13,570,247 in Premier Leasing & Finance Ltd and FAS Finance & Investment Ltd. respectively. These investments represent 1.55\% of the consolidated total assets and (cont.1)
- (Continuation news of GSPFINANCE): is therefore material to the financial statements. The company has not received any i
(Continuation news of GSPFINANCE): is therefore material to the financial statements. The company has not received any interest on these investments in the current financial year. This exposes the company to considerable financial risk as both the investments are non-performing investments. The company has maintained an Employees Gratuity Fund in line with Bangladesh Labour Act 2006, against which a provision of BDT 64,00,000 has been recognized as \"Other Liabilities\" (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of GSPFINANCE): in the Statement of Financial Position as at 31st December 2021. This provision remai
(Continuation news of GSPFINANCE): in the Statement of Financial Position as at 31st December 2021. This provision remains unadjusted and is being carried forward on and year on year basis, as the company is not transferring balance to the gratuity fund. The company has a subsidiary GSP Investments Limited that is audited by us has been furnished and our opinion is as so far as it related to the amounts included based on the report. Therefore, we draw attention to the GSP Investments Limited (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of GSPFINANCE): auditors report on following matters. The company has margin loan of BDT 3,362,810,67
(Continuation news of GSPFINANCE): auditors report on following matters. The company has margin loan of BDT 3,362,810,672 against which a provision of BDT 441,098,096 was recognized in the financial statements. The provision reflects the loss arising on the difference between cost and the market value of the securities. The income tax provision amounting to BDT 73,982,396 is presented in the financial statements, (cont.4)
The first part of this announcement is missing from the archive. - Qualified Opinion
(Continuation news of GSPFINANCE): and the entity has advance income tax of BDT 1,444,588 (refer to note 6). This is resulting in the provision for income tax balance to increase every year due to the non-payment or non-adjustment to the related advance income tax. (end)
The first part of this announcement is missing from the archive. - Resumption after record date
Trading of the shares of the company will resume on 05.09.2022 after record date.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 04.09.2022.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 31.08.2022 to 01.09.2022 and trading of the shares will remain suspended on record date i.e., 04.09.2022.
- The Board of Directors has recommended 2.50\% cash and 7.50\% stock dividend for the year ended December 31, 2021. Date
The Board of Directors has recommended 2.50\% cash and 7.50\% stock dividend for the year ended December 31, 2021. Date of AGM: 27.09.2022, Time: 10:00 AM, Venue: Digital Platform. Record Date: 04.09.2022. The Company has also reported Consolidated EPS of Tk. 1.44, Consolidated NAV per share of Tk. 21.35 and Consolidated NOCFPS of Tk. 0.84 for the year ended December 31, 2021 (cont.1)
- (Continuation news of GSPFINANCE): as against Tk. 1.40 (restated), Tk. 19.91 (restated) and Tk. 0.12 (restated) respecti
(Continuation news of GSPFINANCE): as against Tk. 1.40 (restated), Tk. 19.91 (restated) and Tk. 0.12 (restated) respectively for the same period of the previous year. The Company has also informed that i) Stock dividend has been recommended in view to utilize its retained amount as paid-up capital for improving the capital adequacy and thereby facilitate future business expansion of the Company. ii) Stock dividend is declared out of accumulated profit. (cont.2)
The first part of this announcement is missing from the archive. - The Company has requested the Members to update their respective BO Account with 12 digit Tax Payer\'s Identification Nu
The Company has requested the Members to update their respective BO Account with 12 digit Tax Payer\'s Identification Number (TIN), Bank Account, mailing address, contact number through their respective Depository Participant (DP) before the \'Record Date\'. Advance Income Tax (AIT) @15\% (instead of 10\%) will be deducted from eligible cash dividend, if anyone fails to update his/ her respective BO Account with the 12 Digit TIN before the Record Date. (cont.1)
- (Continuation news of GSPFINANCE): The Company has requested concerned Brokerage Houses to provide a statement with the
(Continuation news of GSPFINANCE): The Company has requested concerned Brokerage Houses to provide a statement with the details (Shareholder name, BO ID number, client-wise shareholding position, gross dividend receivable, applicable tax rate, and net dividend receivable) of their margin loan holders (cont.2)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Continuation news of GSPFINANCE): iii) Stock dividend is not declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (10.08.2022) following its corporate declaration.
- GSPFINANCE : Update of Information
(Continuation news of GSPFINANCE): who holds GSPB's shares, as on the 'Record Date', along with the name of the contact person in this connection, to the Corporate Head Office or [email protected] on or before September 22, 2022. Brokerage Houses are also requested to provide their Bank Account name & number, routing number etc. to said email address. (end)
The first part of this announcement is missing from the archive. - 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 August 08, 2022 at 3:30 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.