Hami Industries PLC announcements
251 Dhaka Stock Exchange announcements for Hami Industries PLC (HAMI) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (20).
- Emphasis of Matter
(Basis for Qualification): The auditor of the Company has given the following 'Basis for Qualification' Paragraph in the audit report of the company prepared for the year ended on 30 June 2017. Basis for Qualification: 1. We have observed that the company has been able to utilise only 26% of its production capacity during the year under audit. The under-utilisation of production is due to machine break-down, frequent power failure, failure to locate new buyer and so on. (cont.1) (Continuation news of IMAMBUTTON): to pay its debt, whether current or non-current liability, when they fall due or on demand by debtor. 4. The accompanying financial statements have been prepared assuming that the company will continue as going concern but considering the above effects described in the basis of qualification paragraph herewith has exposed significant doubt of survival the company as going concern for foreseeable future. (end) (Continuation news of IMAMBUTTON): 2. The company is suffering recurring loss that effectively creates retained loss of Tk. (33,016,850.00) at reporting date. The under-utilisation of production is primarily responsible for such recurring loss. 3. The current ratio of the company has fallen to 0.45 at reporting date, meaning that the company has maintained current assets of Tk. 0.45 against Tk. 1 of current liabilities. The effect of such poor ratio expose that the company may not be able (cont.2)
Posted under the former code IMAMBUTTON. - Query Response
In response to a DSE query dated December 06, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.
Posted under the former code IMAMBUTTON. - Resumption after record date
Trading of the shares of the Company will resume on 23.11.2017 after record date.
Posted under the former code IMAMBUTTON. - Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2017.
Posted under the former code IMAMBUTTON. - Q1 Financials
(Q1 Un-audited): EPS was Tk. (0.15) for July-September, 2017 as against Tk. (0.24) for July-September, 2016; NOCFPS was Tk. 0.04 for July-September, 2017 as against Tk. 0.03 for July-September, 2016. NAV per share was Tk. 6.07 as on September 30, 2017 and Tk. 6.22 as on June 30, 2017.
Posted under the former code IMAMBUTTON. - Financial Penalty imposed on the Company
The Customs Bond Commissionerate, Govt. of the People's Republic of Bangladesh, brought an allegation against Imam Button Industries Limited for not exporting the raw materials within the bonded period which were imported under bonded warehouse facilities. The Company has already paid total Tk. 6,70,821.38 as duty including interest on 21.09.17 and 19.10.17. As the allegation brought against the Company was undisputedly proven and established, (cont.) (Continuation news of IMAMBUTTON): the Customs Bond Commissionerate, as per the Customs Act, 1969, has imposed financial penalty of Tk. 2,00,000.00 to Imam Button Industries Limited and issued an Order on November 07, 2017 to deposit the same to Govt. treasury within 15 days of issuing the Order. (end)
Posted under the former code IMAMBUTTON. - 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, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.
Posted under the former code IMAMBUTTON. - 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 09.11.2017 to 21.11.2017. Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2017.
Posted under the former code IMAMBUTTON. - Query Response
In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
Posted under the former code IMAMBUTTON. - Dividend Declaration
The Board of Directors has recommended No dividend for the year ended on June 30, 2017. Date of AGM: 23.12.2017, Time: 10:00 AM, Venue: Factory premises, 49/A, Fouzdarhat Heavy I/A, Chittagong. Record Date: 22.11.2017. The Company has also reported EPS of Tk. (0.38), NAV per share of Tk. 6.22 and NOCFPS of Tk. 1.94 for the year ended on June 30, 2017 as against Tk. (0.90) (restated), Tk. 6.59 (restated) and Tk. 0.18 (restated) respectively for the same period of the previous year.
Posted under the former code IMAMBUTTON. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.10.2017) following its corporate declaration.
Posted under the former code IMAMBUTTON. - 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 26, 2017 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
Posted under the former code IMAMBUTTON. - Query Response
In response to a DSE query dated August 29, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
Posted under the former code IMAMBUTTON. - Query Response
In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
Posted under the former code IMAMBUTTON. - Q3 Financials (Repeat)
(Repeat): (Q3 Un-audited): EPS was Tk. (0.15) for January-March, 2017 as against Tk. (0.07) for January-March, 2016; EPS was Tk. (0.70) for July, 2016-March, 2017 as against Tk. (0.76) for July, 2015-March, 2016. NOCFPS was Tk. 0.13 for July, 2016-March, 2017 as against Tk. (0.17) for July, 2015-March, 2016. NAV per share was Tk. 7.60 as of March 31, 2017 and Tk. 8.30 as of June 30, 2016.
Posted under the former code IMAMBUTTON. - Q3 Financials
(Q3 Un-audited): EPS was Tk. (0.15) for January-March, 2017 as against Tk. (0.07) for January-March, 2016; EPS was Tk. (0.70) for July, 2016-March, 2017 as against Tk. (0.76) for July, 2015-March, 2016. NOCFPS was Tk. 0.13 for July, 2016-March, 2017 as against Tk. (0.17) for July, 2015-March, 2016. NAV per share was Tk. 7.60 as of March 31, 2017 and Tk. 8.30 as of June 30, 2016.
Posted under the former code IMAMBUTTON. - 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, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.
Posted under the former code IMAMBUTTON. - Order of Financial penalty for customs duty evasion
Customs Bond Commissionerate, Chittagong of the Peoples Republic of Bangladesh vide its Order dated 21.03.2017 has instructed Imam Button Industries Ltd. to deposit Tk. 4,43,834.39 (as Evaded customs duty) to the Treasury as the complaint of customs duty evasion against the company has been proved and established. The Company has made clear violation of Sections 32, 97, 98, 104 of The Customs Act, 1969. As a result, Financial Penalty of Tk. 8,00,000.00 has been imposed on the Company (cont.) (continuation news of IMAMBUTTON): as per Rule 9 of the Bonded Warehouse Licensing Rules, 2008 and clauses No. 1, 14, 51, 51(A), 62 and 90 of table of Section 156(1) of The Customs Act, 1969. The Company is instructed to deposit total Tk. 12,43,834.39 (Tk. 4,43,834.39 as Evaded customs duty and Tk. 8,00,000.00 as Imposed Penalty) to the Government Treasury through Treasury chalan within 15 days of issuing this Order. (end)
Posted under the former code IMAMBUTTON. - Q2 Financials
(Q2 Un-audited): EPS was Tk. (0.31) for October-December, 2016 as against Tk. (0.33) for October-December, 2015; EPS was Tk. (0.55) for July-December, 2016 as against EPS was Tk. (0.69) for July-December, 2015. NOCFPS was Tk. 0.13 for July-December, 2016 as against Tk. (0.16) for July-December, 2015. NAV per share was Tk. 7.75 as of December 31, 2016 and Tk. 8.30 as of June 30, 2016.
Posted under the former code IMAMBUTTON. - 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, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2016.
Posted under the former code IMAMBUTTON.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.