Khan Brothers PP Woven Bag Industries Ltd announcements
187 Dhaka Stock Exchange announcements for Khan Brothers PP Woven Bag Industries Ltd (KBPPWBIL) since 2014: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2018 (16).
- Qualified Opinion
(Qualified Opinion): The auditor of the company has given the following "Emphasis of Matters" paragraph in the audit report of the company prepared for the year ended on 30 June 2018. Basis for Qualified Opinion: Without qualifying our opinion, we draw our attention to the following matters: (1). There are some transactions (as mentioned in note-35 of the financial statements) taken place with the related parties which are not properly reconciled. (cont.) (Continuation news of KBPPWBIL): (2) The company has some investment in share of associate companies as described in note no-4. The investment has been shown at cost which is not consistent with Bangladesh Accounting Standard-28. As per Bangladesh Accounting Standard the carrying amount of investment should be increased or decreased to recognize the investors share of the profit or loss of the investee after the date of acquisition. (end)
- Resumption after record date
Trading of the shares of the Company will resume on 20.11.2018 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 19.11.2018.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.10 for July-September, 2018 as against Tk. 0.20 for July-September, 2017; NOCFPS was Tk. 0.47 for July-September, 2018 as against Tk. 0.36 for July-September, 2017. NAV per share (including revaluation surplus) was Tk. 12.64 as on September 30, 2018 and Tk. 12.53 as on June 30, 2018.
- Spot News EGM & AGM
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 15.11.2018 to 18.11.2018. Trading of the shares of the Company will remain suspended on record date i.e., 19.11.2018 for EGM & AGM.
- 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 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2018.
- Dividend Declaration & increase of Authorized Capital
The Board of Directors has recommended 2% cash dividend for general shareholders only (other than Sponsors & Directors) for the year ended on June 30, 2018. The Sponsors & Directors hold 2,95,49,807 shares and general shareholders will get cash dividend of Tk. 1,37,06,014.00. The Board has also decided to hold an EGM to increase Authorized Capital from Tk. 100.00 crore to Tk. 150.00 crore. Date of EGM & AGM: 20.12.2018, (cont.) (Continuation news of KBPPWBIL): Time of EGM & AGM: 10:30 AM & 11:30 AM respectively, Venue: KBG Tower, 6th Floor, 15 DIT Road, Malibagh Chowdhurypara, Ramna, Dhaka. Record date for EGM & AGM: 19.11.2018. The Company has also reported EPS of Tk. 0.72, NAV per share of Tk. 12.53 and NOCFPS of Tk. 0.35 for the year ended on June 30, 2018 as against Tk. 0.73 (restated), Tk. 13.00 and Tk. 1.22 respectively for the same period of the previous year. (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.
- 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, 2018 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Pending decision to increase authorized capital
Referring to their earlier news, disseminated by DSE on 07.01.2018 regarding decision to increase Authorized Capital in the AGM from Tk. 100.00 crore to Tk. 150.00 crore, the Company has further informed that the Authorized capital of the company (cont.) (Continuation news of KBPPWBIL): will remain unchanged to Tk. 100.00 crore instead of increase to Tk. 150.00 crore as the Registrar of Joint Stock Companies and Firms did not approve the increase of authorized capital due to legal deficiency in view of the Companies Act, 1994. Now. It has been decided that the Company will call an EGM to increase authorized capital at convenient date and time. (end)
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.20 for January-March 2018 as against Tk. 0.23 for January-March 2017; EPS was Tk. 0.62 for July 2017-March 2018 as against Tk. 0.55 for July 2016-March 2017. NOCFPS was Tk. 1.05 for July 2017-March 2018 as against Tk. 0.67 for July 2016-March 2017. NAV per share was Tk. 12.43 as on March 31, 2018 and Tk. 12.24 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 26, 2018 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.22 for October-December, 2017 as against Tk. 0.15 for October-December, 2016; EPS was Tk. 0.42 for July-December, 2017 as against Tk. 0.33 for July-December, 2016. NOCFPS was Tk. 0.56 for July-December, 2017 as against Tk. 0.19 for July-December, 2016. NAV per share was Tk. 12.24 as on December 31, 2017 and Tk. 13.00 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 29, 2018 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.
- Stock Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended on June 30, 2017 to the respective shareholders' BO Accounts.
- Increase of Authorized Capital in the AGM
The Company has sent its minutes of the AGM that was held on December 21, 2017 from which it is revealed that the shareholders in the AGM of the Company has approved to increase the Authorized share capital of the Company from Tk. 100.00 crore to Tk. 150.00 crore.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.