IDLC Finance PLC. announcements
363 Dhaka Stock Exchange announcements for IDLC Finance PLC. (IDLC) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (19).
- Sale confirmation of a Corporate Sponsor
The City Bank Limited, one of the Corporate Sponsors of the Company, has further reported that it has completed its sale of 37,70,508 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale confirmation of a Nominated Director
Mercantile Bank Limited, one of the Directors (Nominated Director) of the Company, has further reported that it has completed its sale of 37,70,508 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale declaration of a Nominated Director
Mercantile Bank Limited, one of the Nominated Directors of the Company, has expressed intention to sell 37,70,508 shares out of its total holding of 2,45,08,299 shares of the Company at prevailing market price (In the Public/Block Market) through Stock Exchange within October 31, 2017.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk.1.73 for July-September, 2017 as against Tk.1.42 for July-September, 2016; Consolidated EPS was Tk. 4.90 for January-September, 2017 as against Tk. 4.14 for January-September, 2016. Consolidated NOCFPS was Tk. 23.08 for January-September, 2017 as against Tk. (5.76) for January-September, 2016. Consolidated NAV per share was Tk. 32.17 as of September 30, 2017 and Tk. 23.70 as of December 31, 2016.
- Land Purchase and a subsidiary of the Company will apply as Fund Manager
The Company has informed that the Board of Director has decided to purchase a land measuring more or less of 20 katha 14 Chhatak located at 153 Tejgaon Industrial Area, Dhaka for construction of IDLC's future Corporate Headquater at a cost of Tk. 57.98 crore excluding the cost of registration and other related expenses. (cont.) (Continuation news of IDLC): The Board has also decided that IDLC Asset Management Limited, wholly owned subsidiary of IDLC Finance Limited will apply to Bangladesh Securities and Exchange Commission (BSEC) for registering as 'Fund Manager' under Bangladesh Securities and Exchange Commission (Alternative Investment) Rules, 2015. (end)
- Sale declaration of a Corporate Sponsor
The City Bank Limited, one of the Corporate Sponsors of the Company, has expressed its intention to sell 37,70,508 shares out of its total holding of 3,77,05,330 shares of the Company at prevailing market price (In the Public/ Block Market) through Stock Exchange within October 31, 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 October 16, 2017 at 4:00 PM to consider, among others, unaudited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2017.
- Sale confirmation of a Corporate Nominated Director
Mercantile Bank Limited, one of the Nominated Directors of the Company, has further reported that it has completed its sale of 37,70,508 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale declaration of a Nominated Director
Mercantile Bank Limited, one of the Nominated Director of the Company, has expressed intention to sell 37,70,508 shares out of its total holding of 2,82,78,807 shares of the Company at prevailing market price (In the Public/Block Market) through Stock Exchange within next 30 working days.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 1.62 for April-June, 2017 as against Tk. 1.49 for April-June, 2016; Consolidated EPS was Tk. 3.34 for January-June, 2017 as against Tk. 2.52 for January-June, 2016. Consolidated NOCFPS was Tk. 3.75 for January-June, 2017 as against Tk. (4.68) for January-June, 2016. Consolidated NAV per share was Tk. 30.47 as of June 30, 2017 and Tk. 23.70 as of December 31, 2016.
- 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 July 19, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2017.
- Dividend Disbursement
The Company has informed that cash dividend for the year ended on December 31, 2016 has already been remitted to the respective shareholders' Bank accounts. Dividend warrants have been issued to all other shareholders.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 1.80 for January-March, 2017 as against Tk. 1.11 for January-March, 2016; Consolidated NOCFPS was Tk. 4.13 for January-March, 2017 as against Tk. (7.82) for January-March, 2016. Consolidated NAV per share was Tk. 28.97 as of March 31, 2017 and Tk. 23.70 as of December 31, 2016.
- 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 25, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2017.
- Resumption after record date
Trading of the shares of the Company will resume on 15.03.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 14.03.2017.
- Furnishing e-TIN Number and Information relating to Margin Loan
The Company has requested the shareholders to update their respective BO Accounts with 12 digits e-TIN number, Bank Account, mailing address, contact number through their respective Depository Participant (DP) before the Record Date. Advance Income Tax @ 15% instead of 10% will be deducted from eligible cash dividend, if anyone fails to update his respective BO Account with the 12 Digit TIN before the Record Date. Concern Brokerage houses are also requested to provide the statement of their margin loan holders with details such as shareholder name, BO ID number, client wise Shareholding position, gross dividend receivable, applicable tax rate and net dividend receivable on or before March 20, 2017. The Brokerage Houses are also requested to provide their bank account particular.
- 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 12.03.2017 to 13.03.2017. Trading of the shares of the Company will remain suspended on record date i.e., 14.03.2017.
- Dividend Declaration
The Board of Directors has recommended 30% cash dividend for the year ended on December 31, 2016. Date of AGM: 30.03.2017, Time: 10:00 AM, Venue: "Utshab", Radisson BLU Dhaka Water Garden Hotel, Airport Road, Dhaka Cantonment, Dhaka-1206. Record Date: 14.03.2017.The Company has also reported Consolidated EPS of Tk. 7.08, Consolidated NAV per share of Tk. 35.56 and Consolidated NOCFPS of Tk. (4.76) for the year ended on December 31, 2016 as against Tk. 5.81, Tk. 30.97 and Tk. 20.96 respectively for the same period of the previous year.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.