IFAD Autos PLC. announcements
205 Dhaka Stock Exchange announcements for IFAD Autos PLC. (IFADAUTOS) since 2015: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (20).
- Resumption after record date
Trading of the shares of the Company will resume on 28.11.2016 after record date for EGM.
- Suspension for record date for EGM
Trading of the shares of the Company will remain suspended on record date i.e., 27.11.2016 for EGM.
- Resumption after record date
Trading of the shares of the Company will resume on 20.11.2016 after record date.
- Suspension for record date
Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2016.
- Spot for AGM
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 15.11.2016 to 16.11.2016. Trading of the shares of the Company will remain suspended on record date i.e., 17.11.2016.
- Board Meeting
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, 2016 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, 2016.
- EGM for amending article No. 125 of Article of Association
The Company has informed the Board of Directors has decided to hold an EGM on December 20, 2016 at 10:30 AM in Samarai Convention Centre, 23/G/7, Panthapath, Dhaka-1205 to amend article No. 125 of Article of Association. Record Date for the EGM: 27.11.2016.
- Dividend Declaration
The Board of Directors has recommended 13% cash dividend to shareholders excluding the Sponsors/Directors and 4% stock dividend for all shareholders for the year ended on June 30, 2016. Date of AGM: 20.12.2016, Time: 11:00 AM, Venue: Samarai Convention Centre, 23/G/7, Panthapath, Dhaka-1205. Record Date: 17.11.2016. The Company has also reported EPS of Tk. 3.98, NAV per share of Tk. 33.58 & Tk. 26.87 with & without revaluation reserve respectively and NOCFPS of Tk. (11.73) for the year ended on 30.06.2016 as against Tk. 2.64 (restated), Tk. 41.94 (restated), Tk. 30.46 (restated) and Tk. (8.37) (restated) respectively for the year ended on 30.06.2015.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.10.2016) following its corporate declaration.
- Board Meeting
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 29, 2016 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2016.
- Apartments & a Land Purchase
The Company has informed that the Board of Directors has decided to purchase 2 apartments (size 2015 sft. each) at "Eskaton Fantasia ", Kakrail, Ramna, Dhaka at a total cost of Tk. 13,706,362.00 (including all registration cost) and purchase another 45 decimal land at Belishor, Dhamrai, Dhaka at a total value of Tk. 2,980,000.00 (including all registration cost).
- Land Sale
The Company has informed that the Board of Directors of the Company has approved to sell a land of 1,164.50 decimal at Bahuli, Valuka, Mymensing.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating (surveillance) of the Company as "A1" based on audited financial statements up to June 30, 2015; bank liability position as on March 31, 2016 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 1.02 for January-March, 2016 as against Tk. 0.71 for January-March, 2015; EPS was Tk. 3.83 for July, 2015-March, 2016 as against Tk. 1.32 for July, 2014-March, 2015. NOCFPS was Tk. (9.08) for July, 2015-March, 2016 as against Tk. (5.17) for July, 2014-March, 2015. NAV per share was Tk. 37.06 as of March 31, 2016 and Tk. 44.01 as of June 30, 2015.
- 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 28, 2016 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2016.
- Agreement signing with ESCORTS (Agri Machinery) Limited Company
The Company has informed that it has signed an agreement with ESCORTS (Agri Machinery) Limited Company as an authorize/sole distributor for selling of FARMTRAC brand of agricultural tractors, implements, all other special construction equipments goes along with tractor and spare parts. From this agreement, the Company expects to attain approximate revenue of Tk. 25.00 crore and profit of Tk. 2.50 crore for the first year and revenue of Tk. 60.00 crore and profit of Tk. 6 .00 crore in the second year.
- Q2 Financials
EPS was Tk. 1.42 for October-December, 2015 as against Tk. 0.24 for October-December, 2014; EPS was Tk. 2.96 for July-December, 2015 as against Tk. 0.61 for July-December, 2014. NOCFPS was Tk. (5.39) for July-December, 2015 as against Tk. (3.77) for July-December, 2014. NAV per share was Tk. 36.27 as of December 31, 2015 and Tk. 44.01 as of June 30, 2015.
- Board Meeting
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, 2016 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2015.
- Prohibition on providing loan
DSE NEWS: The Stock Brokers, Merchant Bankers and Portfolio Manager are requested not to provide loan facilities to purchase any security of IFAD Autos Limited in between 1st to 30th trading day after change of categorization, starting from January 14, 2016 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on June 30, 2015 to the respective shareholders' BO Account on 06.01.2016 and it has also disbursed cash dividend through BEFTN. The sale proceeds of fractional bonus shares will be distributed through BEFTN.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.