Information Services Network Limited announcements
355 Dhaka Stock Exchange announcements for Information Services Network Limited (ISNLTD) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2018 (27).
- Approval of 'No Dividend' by the Shareholders in the AGM
The Company has further informed that their AGM was held on December 09, 2018. The Board of Directors of the Company earlier declared 1% cash and 4% stock dividend for the year ended on June 30, 2018 (News disseminated on 29.10.2018). However, they informed that as per the audited financial statements, the Company do not have positive consolidated retained earnings. (cont.) (Continuation news of ISNLTD): Therefore, declaration/disbursement of any dividend to the shareholders would be a violation of SEC's Notification No. BSEC/CMRRCD/2016-158/208/ADMIN/81 Dated June 20, 2018. In view of the above, the shareholders of the company in their AGM has unanimously approved that No Dividend will be paid to the shareholders for the financial year ended June 30, 2018. (end)
- Qualified Opinion
Qualified Opinion: The auditor of the company has given the following "Qualified Opinion" Paragraphs in the audit report of the company for the year ended on 30 June 2018. Basis for Qualified Opinion: (i) Deferred tax on the temporary difference between the carrying amount of accounting base and its tax base has not been properly calculated in accordance with BAS 12. (ii) Balance sheet discloses some balances listed (cont. 1) (Continuation news of ISNLTD): Equipment and Others taka 937,569.00, Holiday Printers Limited taka 300,000.00 and H.M Securities 200,000.00 in total taka 6,501,466.00. (iii) Financial Statements of the subsidiary, Golden Key ISN Private Limited, has not been audited. (end) (Continuation news of ISNLTD): below which are carried forward since long without any movement. Long time non-movement indicates the doubtful of recovery. No provision has been made for the balances considering the impairment in accordance with para 9 of BAS 36. Accrued interest taka 809,544.00, Loan to Mujibul Huq taka 2,500,000.00, Loan to GKISN taka 1,635,343.00, TMC taka 62,360.00, Ms. Sabera taka 22,000.00, Hasan Holding taka 34,650.00, (cont. 2)
- Query Response
In response to a DSE query dated November 28, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.
- Venue for AGM
The Company has further informed that their 23rd AGM will be held in IVY Convention Center, Hometown Apartment Complex, Level-5, 87, New Eskaton Road, Dhaka-1000. Other information will remain unchanged.
- Enquiry Committee Formation for investigation as per BSEC Order
BSECNEWS: BSEC vide its Order No. BSEC/Surveillance/2018-912/49 dated November 20, 2018 has formed an enquiry committee to investigate into recent unusual movement of price and volume of shares of Information Services Network Ltd. in the Stock Exchanges.
- Resumption after record date
Trading of the shares of the Company will resume on 19.11.2018 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2018.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.10 for July-September, 2018 as against Tk. (0.21) for July-September, 2017; NOCFPS was Tk. 0.30 for July-September, 2018 as against Tk. 0.20 for July-September, 2017. NAV per share was Tk. 12.66 as on September 30, 2018 and Tk. 13.99 as on September 30, 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 13, 2018 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, 2018.
- 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 05.11.2018 to 15.11.2018. Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2018.
- Dividend Declaration
The Board of Directors has recommended 1% cash and 4% stock dividend for the year ended on June 30, 2018. Date of AGM: 09.12.2018. Time: 11:00 AM, Venue: Will be notified Later. Record Date: 18.11.2018. (cont.) (Continuation news of ISNLTD): The Company has also reported EPS of Tk. 0.48, NAV per share of Tk. 12.56 and NOCFPS of Tk. 1.41 for the year ended on June 30, 2018 as against Tk. (0.52), Tk. 14.20 and Tk. 1.16 respectively for the same period of the previous year. The Company has noted that EPS has been calculated after charging depreciation on revalued assets. (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.10.2018) following its corporate declaration.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that meeting of the Board of Directors of the Company as per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on October 28, 2018 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- 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 25, 2018 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Query Response
In response to a DSE query dated September 24, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.07 for January-March 2018 as against Tk. (0.13) for January-March 2017; EPS was Tk. (0.05) for July 2017-March 2018 as against Tk. (0.11) for July 2016-March 2017. NOCFPS was Tk. 0.83 for July 2017-March 2018 as against Tk. 0.79 for July 2016-March 2017. NAV per share was Tk. 11.96 as on March 31, 2018 and Tk. 14.20 as on June 30, 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 April 22, 2018 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, 2018.
- Resumption after record date
Trading of the shares of the Company will resume on 18.04.2018 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 17.04.2018 for EGM.
- Spot News for EGM
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 from 04.04.2018 to 16.04.2018. Trading of the shares of the Company will remain suspended on record date i.e., 17.04.2018 for EGM.
- EGM for substituting Article No.106 of the Articles of Association
The Company has informed that the Board of Directors has decided to convene an EGM on May 13, 2018 at 4:00 PM in the Head Office of the Company at TMC Building (4th Floor), 52 New Eskaton Road, Dhaka-1000 for substituting Article No. 106 of the Articles of Association of the Company regarding appointment of Managing Director of the Company from time to time, subject to the approval of the shareholders in the EGM. Record Date for EGM: 17.04.2018.
- Query Response (Repeat)
(Repeat News): In response to a DSE query dated February 11, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.
- Query Response
In response to a DSE query dated February 11, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.08 for October-December, 2017 as against Tk. 0.03 for October-December, 2016; EPS was Tk. (0.12) for July-December, 2017 as against Tk. 0.01 for July-December, 2016. NOCFPS was Tk. 0.57 for July-December, 2017 as against Tk. 0.68 for July-December, 2016. NAV per share was Tk. 14.07 as on December 31, 2017 and Tk. 14.20 as on June 30, 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 January 30, 2018 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, 2017.
- Resumption after record date
Trading of the shares of the Company will resume on 04.01.2018 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 03.01.2018 for EGM.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.