Intraco Refueling Station PLC announcements
150 Dhaka Stock Exchange announcements for Intraco Refueling Station PLC (INTRACO) since 2018: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (33).
- Refer to the earlier news disseminated by DSE on 22.05.2023, the Company has further informed that the inauguration cere
Refer to the earlier news disseminated by DSE on 22.05.2023, the Company has further informed that the inauguration ceremony of supplying Compressed natural gas (CNG) from Bhola to Dhaka was concluded on December 21, 2023. The Company has also informed that the management of the Company has taken decision for Commercial Operation of the project from December 27, 2023. (cont.)
- (Continuation news of INTRACO): The company is expecting that such business expansion in new area will increase company?
(Continuation news of INTRACO): The company is expecting that such business expansion in new area will increase company?s revenue and ensure better service to the clients as per demand. (end)
The first part of this announcement is missing from the archive. - Change of AGM Date
The Company has further informed that the 16th AGM of the Company will be held on December 23, 2023 at 11:30 AM instead of earlier declared date December 22, 2023 at 11:30 AM. Other information of the AGM will remain unchanged.
- The auditor of the company has given the \"Qualified Opinion and Emphasis of Matters\" paragraph in the Auditor\'s Repor
The auditor of the company has given the \"Qualified Opinion and Emphasis of Matters\" paragraph in the Auditor\'s Report of the company for the year ended June 30, 2023. To view the details, please visit: https://www.dsebd.org/assets/pdf/3.INTRACO.pdf
- Resumption after Record date
Trading of the shares of the company will resume on 19.11.2023.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 16.11.2023.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.31 for July-September 2023 as against Tk. 0.51 for July-September 2022; Consolidated NOCFPS was Tk. 0.52 for July-September 2023 as against Tk. 0.56 for July-September 2022. Consolidated NAV per share was Tk. 12.46 as on September 30, 2023 and Tk. 12.72 as on September 30, 2022.
- Spot News for AGM and EGM
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 14.11.2023 to 15.11.2023 and trading of the shares will remain suspended on record date i.e., 16.11.2023 for AGM and EGM.
- 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 13, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
- Resumption after Record date
Trading of the shares of the company will resume on 02.11.2023.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 01.11.2023 for entitlement of rights to subscribe the Intraco Refueling Convertible Bond.
- The Board of Directors has recommended 10\% cash dividend for general shareholders excluding sponsors and directors for
The Board of Directors has recommended 10\% cash dividend for general shareholders excluding sponsors and directors for the year ended June 30, 2023. Information regarding AGM- Date of AGM: 22.12.2023, Time: 11:30 AM, Venue: Digital Platform. Information regarding EGM- Date of EGM: 12.12.2023, Time: 3:30 PM, Venue: Digital Platform. Record Date for both AGM & EGM: 16.11.2023. (cont.)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.10.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- Dividend Declaration and announcement of EGM date
(Continuation news of INTRACO): The Company has also reported Consolidated EPS of Tk. 1.30, Consolidated NAV per share of Tk. 12.46 and Consolidated NOCFPS of Tk. 2.57 for the year ended June 30, 2023 as against Tk. 1.03, Tk. 12.21 and Tk. 1.39 respectively for the year ended June 30, 2022. (end)
The first part of this announcement is missing from the archive. - Spot News for entitlement of rights to subscribe Convertible Bond
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle from 30.10.2023 to 31.10.2023 and trading of the shares will remain suspended on record date i.e., 01.11.2023 for entitlement of rights to subscribe the Intraco Refueling Convertible Bond.
- The company has informed that a meeting of the Board of Directors will be held on October 28, 2023 at 3:00 PM to approve
The company has informed that a meeting of the Board of Directors will be held on October 28, 2023 at 3:00 PM to approve the scheme of amalgamation for merger of M. Hye & Co. CNG Refueling Station Limited, Nessa & Sons Limited, and Good CNG Re-fueling Station Limited with the company subject to compliance with the conditions as provided in the scheme, sanction of the scheme by the Honorable High Court Division of the Supreme Court of Bangladesh (cont.)
- 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, 2023 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
- Board meeting to approve the scheme of amalgamation and fix EGM date
(Continuation news of INTRACO): in accordance with the provisions of Section 228 and 229 of the Companies Act (Bangladesh), 1994, and approval of the same scheme by the shareholders and creditors of both the Transferee Company and Transferor companies in accordance with law in similar manner and to fix the date, time & venue and record date for EGM. (end)
The first part of this announcement is missing from the archive. - Refer to the earlier news disseminated by DSE on 03.10.2023, the Company has further informed that it has fixed the reco
Refer to the earlier news disseminated by DSE on 03.10.2023, the Company has further informed that it has fixed the record date on November 01, 2023 for entitlement of rights to the Existing Shareholders of the company to subscribe the \"Intraco Refueling Convertible Bond\" for BDT 200 million under private offer.
- The company has informed that a meeting of the Board of Directors of the company will be held on October 08, 2023 at 4:0
The company has informed that a meeting of the Board of Directors of the company will be held on October 08, 2023 at 4:00 p.m. through digital platform to consider, approval and fixation of record date for subscription of \"Intraco Refueling Convertible Bond\" for BDT 200 million for existing Shareholders of the company under Bangladesh securities and Exchange commission (Debt Securities) rules 2021 under private offer.
- Refer to their earlier news disseminated by DSE on 04.07.2022 regarding decision to hold an EGM for issuance of bond and
Refer to their earlier news disseminated by DSE on 04.07.2022 regarding decision to hold an EGM for issuance of bond and merger of subsidiaries, the Company has further informed that BSEC has given its consent for issuance of 7 years Unsecured, Convertible or Redeemable Coupon Bearing Bond of BDT 500 million, out of which BDT 350 million will be raised through for Private Placement (BDT 200 million for existing Shareholders and BDT 150 million for other Investors) (cont.)
- BSEC consent for issuance of Intraco Refueling Convertible Bond
(Continuation news of INTRACO): and BDT 150 million under Public Offer. The coupon rate of the bond is fixed at 7% p.a. which will be paid semiannually to the investors. The bond can be fully converted into the ordinary shares of the company at investor's discretion. The fund would be utilized for setting up 3 (Three) CNG stations, setting up 5 (Five) LPG Stations, and Setting up 5 (Five) Mother-Daughter CNG stations. (end)
The first part of this announcement is missing from the archive. - The company has informed that the Board of Directors of the company has approved the amalgamation proposal of the Compan
The company has informed that the Board of Directors of the company has approved the amalgamation proposal of the Company with M. HYE & Co. CNG Refueling Station Limited (MHCCRSL), Nessa & sons Limited (NSL) and Good CNG Re-Fueling Station Limited (GCRSL) where Intraco Refueling Station Limited will be the surviving entity subject to the consent of the shareholders of the Company, (cont.)
- Board approval regarding the scheme of amalgamation
(Continuation news of INTRACO): the requisite approval of the Bangladesh Securities Exchange Commission (BSEC), the banks and other creditors of the Company and approval of the general meeting of MHCCRSL, NSL, GCRSL and also subject to the approval of the amalgamation by the Honorable High Court Division of the Supreme Court of Bangladesh pursuant to Sections 228 and 229 of the Companies Act, 1994. (end)
The first part of this announcement is missing from the archive. - Regarding agreement for transportation of CNG from Bhola to Dhaka
The Company has informed that it has entered into an agreement with Sundarban Gas Company Limited on May 21, 2023 for transportation of Compressed natural gas (CNG) from Bhola to Dhaka. The company has also informed that in the 1st phase, daily 5 MMCF gas to be compressed and distributed from Bhola to Dhaka in 3 to 4 months and in the 2nd phase, additional 20 MMCFD gas to be added with the existing capacity within next 12 months.
- Sale Confirmation
Intraco Natural Gas Station Ltd., a Placement holder of the Company (where Mr. Mohammed Riyadh Ali is the Managing Director of Intraco Natural Gas Station Ltd. as well as Managing Director of Intraco Refueling Station Limited) has informed that it has completed its sale of 29,58,902 shares of the Company at prevailing market price (14,58,902 shares in the Public Market and 15,00,000 shares in the Block Market) through Dhaka Stock Exchange Ltd. as per declaration disseminated on 14.03.2023.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.29 for January-March 2023 as against Tk. 0.36 for January-March 2022; Consolidated EPS was Tk. 1.35 for July 2022-March 2023 as against Tk. 0.73 for July 2021-March 2022. Consolidated NOCFPS was Tk. 1.87 for July 2022-March 2023 as against Tk. 1.02 for July 2021-March 2022. Consolidated NAV per share was Tk. 12.86 as on March 31, 2023 and Tk. 12.21 as on June 30, 2022.
- 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 27, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
- Sale Intimation
Intraco Natural Gas Station Ltd., a Placement holder of the Company (where Mr. Mohammed Riyadh Ali is the Managing Director of Intraco Natural Gas Station Ltd. as well as Managing Director of Intraco Refueling Station Limited) has expressed its intention to sell 29,58,902 shares out of its total holding of 31,95,614 shares of the Company at prevailing market price (14,58,902 shares in the Public Market and 15,00,000 shares in the Block Market) through Dhaka Stock Exchange Ltd.
- WASO Credit Rating Company (BD) Ltd. has rated the Company as \"A2\" for long term and \"ST-2\" for short term along wit
WASO Credit Rating Company (BD) Ltd. has rated the Company as \"A2\" for long term and \"ST-2\" for short term along with Stable outlook based on audited financial statement of FY 2022 and other relevant qualitative and quantitative information up to the date of rating issuance.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2022 to the respective shareholders.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.49 for October-December, 2022 as against Tk. 0.21 for October-December, 2021; Consolidated EPS was Tk. 1.00 for July- December, 2022 as against Tk. 0.67 for July-December, 2021. Consolidated NOCFPS was Tk. 1.62 for July-December, 2022 as against Tk. 0.90 for July-December, 2021. Consolidated NAV per share was Tk. 12.50 as on December 31, 2022 and Tk. 12.21 as on June 30, 2022.
- 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 29, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.