Intech Limited announcements
301 Dhaka Stock Exchange announcements for Intech Limited (INTECH) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (17).
- Resumption after record date
Trading of the shares of the Company will resume on 19.11.2017 after record date.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (0.09) for July-September, 2017 as against Tk. (0.12) for July-September, 2016; NOCFPS was Tk. 0.01 for July-September, 2017 as against Tk. 1.14 for July-September, 2016. NAV per share was Tk. 11.12 as on September 30, 2017 and Tk. 11.20 as on June 30, 2017.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 16.11.2017.
- 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 14.11.2017 to 15.11.2017. Trading of the shares of the Company will remain suspended on record date i.e., 16.11.2017.
- 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 November 14, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.
- Dividend Declaration
The Board of Directors has recommended 10% stock dividend for the year ended on June 30, 2017. Date of AGM: 28.12.2017, Time: 10:00 AM, Venue: RAOWA Club, (Eagle Hall), VIP Road, Mohakhali, Dhaka. Record Date: 16.11.2017. The Company has also reported EPS of Tk. 1.09, NAV per share of Tk. 11.20 and NOCFPS of Tk. 1.01 for the year ended on June 30, 2017 as against Tk. 1.16, Tk. 11.13 and Tk. 0.94 respectively for the same period of the previous year.
- 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.
- 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, 2017 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
- 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 of shares and increase in trading volume.
- Address Change of Corporate Office
The Company has informed that Corporate Office of the Company has been shifted to new address Suite-A5, House-25, Road-47, Gulshan-2, Dhaka-1212 with effect from August 01, 2017.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.15 for January-March 2017 as against Tk. (0.02) for January-March 2016; EPS was Tk. 0.16 for July 2016-March 2017 as against Tk. 0.46 for July'15-March'16. NOCFPS was Tk. 0.05 for July 2016-March 2017 as against Tk. 0.10 for July 2015-March 2016. NAV per share was Tk. 10.28 as of March 31, 2017 and Tk. 11.13 as of June 30, 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 30, 2017 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, 2017.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.16 for October-December, 2016 as against Tk. 1.47 for October-December, 2015; EPS was Tk. 0.03 for July-December, 2016 as against Tk. 1.36 for July-December, 2015. NOCFPS was Tk. 2.3064 for July-December, 2016 as against Tk. 0.0251 for July-December, 2015. NAV per share was Tk. 11.16 as of December 31, 2016 and Tk. 11.13 as of June 30, 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 January 30, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2016.
- Dividend Disbursement
The Company has informed that it has credited Bonus share for the 18 months period ended on June 30, 2016 to the respective shareholders' BO Accounts on January 18, 2017.
- Basis for Qualified Opinion & Emphasis of Matter
The auditor of the company has given the following 'Basis for Qualified Opinion' paragraph in the audit report of the company prepared for the year ended on 30 June 2016. Basis for Qualified Opinion: The Company has recognized deferred tax income Tk. 718,150 and deferred tax assets Tk. 23, 13,953. Details of deferred tax assets and income have been shown in note-5 where it has been mentioned that deferred tax was measured and recognized as per previous practice. Calculation of tax base as well as tax assessment by tax authority for the year 2014 was not produced. Due to absence the tax assessment for the year 2014 tax depreciation status of major part of depreciable property, plant and equipment valued Tk. 76,896,000 which came into use in the year 2014 ( assets of fish project Tk. 38,346,000 and office space Tk. 38,550,000) could not be ascertained resulting inability to confirm the amount of deferred tax asset and income.Emphasis of Matter: We draw attention to note 12 (d) describing the composition of shareholdings where it reflects that sponsors/directors share is 2.55% which is not incompliance with Securities and Exchange Commission Notification No. SEC/CMRRCD/2009-193/119/Admin dated 22 November 2011. Our opinion is not qualified in respect of this matter.
- Elected Chairman
The Company has informed that Mr. ATM Mahbubul Alam has been elected as chairman of the Company.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.