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 2021 (15).
- Decision to Land Purchase
The Company has informed the Board of Directors has decided to purchase a land measuring area of 199 decimal situated at (Mouza: Ghuni, Upazila: Jessore Sadar, District: Jessore) Jessore, for total consideration of BDT 3,18,10,000.00 only (including registration, land and building development cost, and other costs). This land will be used for the future expansion of the business of the Company.
- Resumption after record date
Trading of the shares of the Company will resume on 22.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2021.
- 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 17.11.2021 to 18.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2021.
- IFADAUTO: Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.41 for July-September, 2021 as against Tk. 0.68 for July-September, 2020; NOCFPS was Tk. 0.24 for July-September, 2021 as against Tk. 0.21 for July-September, 2020. NAV per share was Tk. 41.22 as on September 30, 2021 and Tk. 40.81 as on June 30, 2021.
- The auditor of the IFAD Autos Limited has given the \"Emphasis of matters\" paragraphs in the Auditor\'s Report for the
The auditor of the IFAD Autos Limited has given the \"Emphasis of matters\" paragraphs in the Auditor\'s Report for the year ended on 30 June, 2021. Emphasis of matters: We draw attention to note No. 2.06 to the financial statements, which describes the non-recognition of leases in compliance with para 5 (a) and B34 of IFRS 16: Leases. Furthermore, we also draw attention to note no. 2.20 to the financial statements which describes the payment of WPPF to Participation Fund, (cont.)
- Emphasis of matters
(Continuation news of IFADAUTOS): Welfare Fund and Worker's welfare fund. However, the company has distributed the whole fund to WPPF and then the fund has distributed the contribution to Welfare Fund and Worker's Welfare Fund. (end)
The first part of this announcement is missing from the archive. - 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, 2021 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (31.10.2021) following its corporate declaration.
- Dividend Declaration
The Board of Directors has recommended 11% Cash dividend for the year ended on June 30, 2021. Date of AGM: December 22, 2021, Time: 12:00 Noon, Venue: Digital Platform. Record Date: November 21, 2021. The Company has reported EPS of Tk. 2.18, NAV per share of Tk. 40.81 and NOCFPS of Tk. 0.44 for the year ended on June 30, 2021 as against Tk. 0.91 Tk. 38.95 and Tk. (7.53) respectively for the same period of the previous year.
- 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 28, 2021 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- Agreement with Bangladesh Economic Zones Authority
(cont. of IFADAUTOS): In this regard IFAD Autos Limited has paid to the Bangladesh Economic Zones Authority (BEZA) a sum of BDT 5,15,67,114.00/- equivalent to USD 6,07,029.00 only as Security Deposit which is equivalent to Two Years Annual Lease Rent for the demised land. (end)
The first part of this announcement is missing from the archive. - Decision to invest BDT 80 (eighty) crore
The company has informed that the Board of Directors of IFAD Autos Limited has decided to invest BDT 80 (eighty) crore with a view to acquire 40% (percent) shares of the IFAD Multiproducts Limited subject to the approval by the shareholders/members in forth coming General Meeting of the company. IFAD Multiproducts Limited is one of sister concern of IFAD Group, having a common management. Furthermore, investing amount shall be financed from company's own fund.
- 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 June 7, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 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 January 30, 2021 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, 2020.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.