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 2023 (27).
- The Board of Directors of the company has given in principal consent to work on issuance of Mortgaged Backed Zero Coupon
The Board of Directors of the company has given in principal consent to work on issuance of Mortgaged Backed Zero Coupon Bond up to BDT 3,000 million.
- Appointment of Chairman
The company has informed that the Board of Directors has appointed Mr. Ariful Islam as the Chairman of the company with effect from October 23, 2023.
- Buy Confirmation of a Nominated Director
Mr. Ariful Islam, a Nominated Director of the Company (Nominated by Ayesha Abed Foundation), has further informed that he has completed his buying of 1,000 shares of the company through Dhaka Stock Exchange Limited as per declaration disseminated on 29.10.2023.
- Buy Declaration of a Nominated Director
Mr. Ariful Islam, a Nominated Director of the Company (Nominated by Ayesha Abed Foundation), has expressed his intention to buy 1,000 shares of the company at prevailing market price (in the Public/Block Market) through Dhaka Stock Exchange Limited within October 31, 2023.
- (Q3 Un-audited): EPS was Tk. 0.23 for July-September 2023 as against Tk. 0.49 for July-September 2022; EPS was Tk. 0.49
(Q3 Un-audited): EPS was Tk. 0.23 for July-September 2023 as against Tk. 0.49 for July-September 2022; EPS was Tk. 0.49 for January-September 2023 as against Tk. 1.67 for January-September 2022. NOCFPS was Tk. (8.22) for January-September 2023 as against Tk. (22.66) for January-September 2022. NAV per share was Tk. 17.74 (with Revaluation), Tk. 17.00 (without Revaluation) as on September 30, 2023 and Tk. 18.33 (with Revaluation), Tk. 17.51 (without Revaluation) as on December 31, 2022. (cont.)
- Q3 Financials
(Continuation news of IPDC): Reasons for deviation in EPS and NOCFPS: EPS has been decreased due to decrease of profit after tax. NOCFPS has been improved due to lower cash due to lower cash outflow in loan disbursement and lower encashment of deposits compared to same period of 2022. (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 October 23, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
- Emerging Credit Rating Limited (ECRL) has affirmed surveillance rating of the Company as \"AAA\" in the long term and \"
Emerging Credit Rating Limited (ECRL) has affirmed surveillance rating of the Company as \"AAA\" in the long term and \"ST-1\" in the short term along with Stable outlook based on audited financial statements up to December 31, 2022, half yearly unaudited financial statements (Jan to June) of FY2023 and other relevant quantitative and qualitative information up to the date of declaration of the rating October 16, 2023.
- (Q2 Un-audited): EPS was Tk. 0.22 for April-June 2023 as against Tk. 0.59 for April-June 2022; EPS was Tk. 0.26 for Janu
(Q2 Un-audited): EPS was Tk. 0.22 for April-June 2023 as against Tk. 0.59 for April-June 2022; EPS was Tk. 0.26 for January-June 2023 as against Tk. 1.19 for January-June 2022. NOCFPS was Tk. (4.62) for January-June 2023 as against Tk. (13.29) for January-June 2022. NAV per share was Tk. 17.51 as on June 30, 2023 and Tk. 18.33 as on December 31, 2022. (cont.)
- Q2 Financials
(Continuation news of IPDC): Reasons for deviation in EPS and NOCFPS: EPS has been decreased due to increase of interest expenses, salary and allowances and provision for loans and investments. NOCFPS has been increased due to decrease of loan disbursement and negative cash flow from deposits compared to the same period of previous year. (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 July 31, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2023.
- Time extension for issuance of non-convertible subordinated bond
The company has informed that the Bangladesh Securities and Exchange Commission (BSEC) has extended the validity of the its consent letter ref. no. BSEC/CI/DS-176/2021/1084, dated December 07, 2022 for issuance of Non-Convertible Fully-redeemable Unsecured Floating Rate Subordinated Bonds of the company amounting to 1500 Million through Private Placement for another 6 months up to December 07, 2023 for the last time. All other conditions of the consent letter shall remain unchanged.
- Credit Rating Result
Refer to the earlier news disseminated on 22.06.2023, the company has further informed that the company wrongly mentioned consideration of its audited financial up to June 30, 2022; Bank liability position as on March 31, 2023 whereas the correct information is consideration of its audited financial up to December 31, 2022 and Other information will remain unchanged.
- Credit Rating Agency of Bangladesh Limited (CRAB) has assigned the surveillance rating of the Company as \"AA1\" in the
Credit Rating Agency of Bangladesh Limited (CRAB) has assigned the surveillance rating of the Company as \"AA1\" in the long term and \"ST-1\" in the short term along with Stable outlook based on audited financial statements up to June 30, 2022, bank liability position as on March 31, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Appointment of Nominated Director
The company has informed that the Board of Directors has appointed Mr. Mir Khairul Alam, Additional Secretary, Ministry of Industries as Nominee Director on the Board of the company.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2022 to the respective shareholders.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.04 for January-March 2023 as against Tk. 0.60 for January-March 2022. NOCFPS was Tk. (13.25) for January-March 2023 as against Tk. (13.28) for January-March 2022. NAV per share (with revaluation) was Tk. 18.38 as on March 31, 2023 and Tk. 18.33 as on December 31, 2022. NAV per share (without revaluation) was Tk. 17.55 as on March 31, 2023 and Tk. 17.51 as on December 31, 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 May 08, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023.
- Resumption after record date
Trading of the shares of the company will resume on 22.03.2023.
- The Company has requested the shareholders to update their bank account number, address, mobile number through their DPs
The Company has requested the shareholders to update their bank account number, address, mobile number through their DPs and respective BO accounts with 12 digits taxpayer\'s Identification Number (e-TIN) number through their respective DPs before the Record Date on March 21, 2023. The company has also requested the concerned TREC Holders to provide the statement with the details (shareholder name, BO ID number, (cont.)
- Update of Information
(Continuation news of IPDC): client-wise shareholding position, gross dividend receivable, applicable tax rate and net dividend receivable) of their margin loan holders, as on record date, to the Company's share office and also email the soft copy of above said statements in MS-Excel format to [email protected] on or before April 09, 2023. The TREC Holders are further requested to provide their bank account name and number, routing number etc. for dividend distribution purpose. (end)
The first part of this announcement is missing from the archive. - Suspension for Record date
Trading of the shares of the company will be suspended on record date i.e., 21.03.2023.
- Spot News
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 19.03.2023 to 20.03.2023 and trading of the shares will suspended on record date i.e., 21.03.2023.
- The Board of Directors has recommended 10\% Cash Dividend for the year ended December 31, 2022. Date of AGM: 27.04.2023,
The Board of Directors has recommended 10\% Cash Dividend for the year ended December 31, 2022. Date of AGM: 27.04.2023, Time: 11:00 AM, Venue: Digital Platform, Record Date: 21.03.2023. The Company has also reported EPS of Tk. 2.43, NAV per share of Tk. 18.33 with revaluation and Tk. 17.51 without revaluation, and NOCFPS of Tk. (11.26) for the year ended on December 31, 2022 as against Tk. 2.37, Tk. 17.12 with revaluation and Tk. 16.30 without revaluation, and Tk. (6.50) respectively (cont.)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.02.2023) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
- Dividend Declaration
(Continuation news of IPDC): for the same period of the previous year. Reasons for deviation in NOCFPS: Cash outflow for loans disbursements was higher against negative cash flow from deposits resulting in negative cash flow from operating activities. Loans/leases and advances were grown as well as deposit experienced degrowth. Surplus liquidity of 2021 was utilized in 2022 for disbursement of loans and advances. However, overall cash position in 2022 was positive. (end)
The first part of this announcement is missing from the archive. - 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 February 27, 2023 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.