IPDC Finance PLC. announcements
329 Dhaka Stock Exchange announcements for IPDC Finance PLC. (IPDC) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (21).
- Query Response
In response to a DSE query dated November 22, 2015, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Appointment of Chairman
The Company has informed that the Board of Directors of the Company has appointed Dr. Muhammad Musa as the Chairman of the Company.
- Confirmation of sale by a Corporate Sponsor
The Company has informed that Aga Khan Fund For Economic Development S.A (AKFED), one of the Corporate Sponsors of the Company, has completed its sale of total 5,05,00,190 shares to BRAC, Ayesha Abed Foundation and RSA Capital Limited, (3,15,62,618 + 1,26,25,048 + 63,12,524 shares respectively), at prevailing market price through Stock Exchange, as announced earlier.
- Q3
EPS was Tk. 0.60 for July-September, 2015 as against Tk. 0.37 for July-September, 2014; EPS was Tk. 1.26 for January-September, 2015 as against Tk. 0.79 for January-September, 2014. NOCFPS was Tk. 6.56 for January-September, 2015 as against Tk. 2.08 for January-September, 2014. NAV per share was Tk. 18.96 as of September 30, 2015 and Tk. 18.15 as of December 31, 2014.
- Declaration of sale by a Corporate Sponsor in the Block Market
With reference to their earlier news (disseminated by DSE on 13.09.15), it is to be further informed that Aga Khan Fund For Economic Development S.A (AKFED), one of the Corporate Sponsors of the Company, has expressed its intention to sell 5,05,00,190 shares out of 6,44,53,634 shares while BRAC, Ayesha Abed Foundation and RSA Capital Limited, have expressed their intention to buy total 5,05,00,190 (3,15,62,618 + 1,26,25,048 + 63,12,524 shares respectively) shares of the company at prevailing market price (In the Block Market) through Stock Exchange within October 29, 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 October 29, 2015 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2015.
- 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.
- Shares Purchase Agreement by its Major shareholder
The Company has informed that Aga Khan Fund For Economic Development S.A (AKFED), Majority shareholder of IPDC, has signed a share purchase agreement on 10 September 2015, to sell and dispose 50,500,190 shares out of 64,453,634 shares of AKFED in the Company to BRAC, Ayesha Foundation and RSA Capital Limited. The Share Purchase Agreement and the disposal of the shareholding are subject to the necessary regulatory formalities and approval in compliance with the laws of Bangladesh.
- Q2 Financials
EPS for April-June, 2015 was Tk. 0.32 as against Tk. 0.28 for April-June, 2014, EPS for Jan-June, 2015 was Tk. 0.66 as against Tk. 0.42 for Jan-June, 2014. NOCFPS was Tk. 2.70 for Jan-June, 2015 as against Tk. 0.99 for Jan-June, 2014. NAV per share was Tk. 18.36 as of June 30, 2015 and Tk. 18.15 as of June 30, 2014.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the rating of the Company as 'AA2' in the long term and 'ST-2' in the short term along with a Stable outlook based on audited financial statements of the Company up to December 31, 2014 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Dividend Disbursement
The Company has informed that cash dividend and proceeds of fractional dividend for the year 2014 were distributed to the respective bank accounts of the shareholders through Bangladesh Electronic Fund Transfer Network (BEFTN) on May 31, 2015. Shareholders whose bank accounts are not connected with the above network, will be issued Cheques, which will be sent to the shareholders to their registered address through courier service.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on December 31, 2014 to the respective shareholders BO Accounts on May 21, 2015.
- Q1 Financials
Net Profit after tax from Jan15 to March15 was Tk. 43.24 million with basic EPS of Tk. 0.38 as against Tk. 18.36 million and Tk. 0.16 respectively for the same period of the previous year. However, considering proposed bonus share 10% for the year 2014, restated basic EPS is Tk. 0.34 as on 31.03.2015 and Tk. 0.15 as on 31.03.2014.
- Change of Date of 33rd AGM of the Company
The Company has further informed that due to unavoidable circumstances the 33rd AGM of the Company will now be held on 06.05.2015 at 10:00 AM instead of 04.05.2015. Other information of the AGM will remain unchanged.
- Change of Date of 33rd AGM of the Company
The Company has further informed that due to unavoidable circumstance the 33rd AGM of the Company will now be held on 04.05.2015 at 10:00 AM at Trust Milonayaton 545, Old Airport Road, Jahangir Gate, Dhaka Cantonment, Dhaka-1206. Other information of the AGM will remain unchanged.
- Resumption News after Record Date
Normal trading of the shares of the Company will resume on 10.03.2015 after record date.
- Suspension News for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 09.03.2015.
- Spot News for AGM
Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per spot settlement cycle with cum benefit from 05.03.2015 to 08.03.2015. Trading of the shares of the Company will remain suspended on record date i.e., 09.03.2015.
- Dividend Declaration
The Board of Directors has recommended 5% cash dividend and 10% stock dividend for the year ended on December 31, 2014. The Company has also reported net profit after tax of Tk. 165.51 million, EPS of Tk. 1.44, NAV per share of Tk. 19.97 and NOCFPS of Tk. (0.14) for the year ended on December 31, 2014. Date of AGM: 29.04.2015, Time: 10:00 AM. Venue: to be notified later on. Record Date: 09.03.2015. The Company has also informed that Land and Building has been revalued by professional valuer which stands at BDT 150.16 million against written down value of BDT 41.87 million.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (26.02.2015) following its corporate declaration.
- Board Meeting schedule under LR 30
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on February 25, 2015 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2014.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.