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 2024 (25).
- Regarding clarification on recent news posted in Facebook
Dhaka Stock Exchange PLC. asked for clarification from the company vide a letter dated December 04, 2024, regarding recent post published in a public group at Facebook regarding the status of production of the factory. In response, the company has informed DSE, among others, the following: "We draw your kind attention to the above subject, and we clarify here that in the public Facebook group mentioned that the production of Khan Brothers PP Woven Bag Industries Ltd. (cont.1) (cont. news of KBPPWBIL) We also mention here that we have declared and paid dividend for last five years 2020- 2% cash, 2021- Nil, 2022-2% cash, 2023- Nil and 2024- 1% cash which is not subsequent two years no dividend. So, this is the strong reason the company not yet in Z Category." (end) (cont. news of KBPPWBIL) is closed for last 5/6 years, but the news is not true. Our factory production never stopped; we have no export, but we are doing production under trolling system with another sister concern. In this connection we invite you to physical visit our factory to know the real production picture and also request you not to believe any un-authenticate news like Facebook group. (cont.2)
- Qualified Opinion and Emphasis of Matters
The auditor of the company has given the "Qualified Opinion" and "Emphasis of Matters" paragraphs in the Auditor's Report of the company for the year ended June 30, 2024. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/November/KBPPWBIL_2024.pdf
- Resumption after Record date
Trading of the shares of the company will resume on 21.11.2024.
- Suspension for record date
Trading of the shares of the company will remain suspended on record date i.e., 20.11.2024.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.03 for July-September 2024 as against Tk. (0.01) for July-September 2023; NOCFPS was Tk. 0.00 for July-September 2024 as against Tk. (0.00) for July-September 2023. NAV per share (including revaluation surplus) was Tk. 11.91 as on September 30, 2024 and Tk. 11.88 as on June 30, 2024.
- 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 18.11.2024 to 19.11.2024. Trading of the shares of the company will remain suspended on record date i.e., 20.11.2024.
- Reschedule of Board Meeting under LR 16(1)
The Company has further informed that the meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on November 14, 2024 at 3:00 PM instead of November 15, 2024 to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- Regarding cancellation of previous MOU and signing of a new MOU
Refer to the earlier news disseminated by DSE on 19.09.2024 regarding MOU between the company and BSB Cambrian Education Group, the company has further informed that the aforementioned MOU with BSB Cambrian Education Group has been formally cancelled. The company has also informed that they have signed a new Memorandum of Understanding (MOU) has been executed with Beacon Group effective as of 4th November 2024.
- 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 15, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- The Board of Directors has recommended 1\% Cash Dividend other than Sponsors and Directors for the year ended June 30, 2
The Board of Directors has recommended 1\% Cash Dividend other than Sponsors and Directors for the year ended June 30, 2024. The Sponsors and Directors hold 29,549,807 shares out of the total 98,079,877 shares of the company and Cash Dividend payable to the General Shareholders is Tk. 6,853,007.00. Date of AGM: 30.12.2024, Time: 11:30 AM, Venue: KBG Tower (10th Floor), 15 DIT Road, Malibagh Chowdhurypara, Dhaka through hybrid system. Record Date: 20.11.2024. (cont.)
- Dividend Declaration
(Cont. news of KBPPWBIL): The Company has also reported EPS of Tk. 0.01, NAV per share of Tk. 11.88 and NOCFPS of Tk. 0.08 for the year ended June 30, 2024 as against Tk. (0.06), Tk. 11.87 and Tk. (0.00) respectively for the year ended June 30, 2023. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.10.2024) 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, 2024 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- The company has informed that a Memorandum of Understanding (MOU) has been signed between Khan Brothers PP Woven Bag Ind
The company has informed that a Memorandum of Understanding (MOU) has been signed between Khan Brothers PP Woven Bag Industries Ltd. and BSB Cambrian Education Group on September 18, 2024 at the company\'s registered office, located at 15 DIT Road (10th Floor), Malibagh Chowdhurypara, Dhaka-1219. BSB Cambrian Education Group has voluntarily expressed their willingness to take over the management and operations of Khan Brothers PP Woven Bag Industries Ltd. (cont.)
- MOU between the company and BSB Cambrian Education Group
(Cont. news of KBPPWBIL): This will be achieved through the acquisition of shares from the current Board of Directors at a negotiated value, thereby ensuring a seamless transition of responsibilities and control. To formalize this MOU has been duly executed and witnessed by authorized representatives of both the parties. (end)
The first part of this announcement is missing from the archive. - 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 and increase in volume of shares.
- Query Response
In response to the DSE query dated July 09, 2024, 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. (0.02) for January-March 2024 as against Tk. (0.01) (restated) for January-March 2023; EPS was Tk. (0.05) for July 2023-March 2024 as against Tk. (0.03) (restated) for July 2022-March 2023. NOCFPS was Tk. 0.06 for July 2023-March 2024 as against Tk. 0.00 (restated) for July 2022-March 2023. NAV per share was Tk. 11.82 as on March 31, 2024 and Tk. 11.87 (restated) as on June 30, 2023.
- 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 June 12, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. (0.01) for October-December 2023 as against Tk. (0.01) (restated) for October-December 2022; EPS was Tk. (0.03) for July-December 2023 as against Tk. (0.02) (restated) for July-December 2022. NOCFPS was Tk. 0.02 for July-December 2023 as against Tk. (0.12) (restated) for July-December 2022. NAV per share was Tk. 11.84 as on December 31, 2023 and Tk. 11.87 (restated) as on June 30, 2023.
- 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 26, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
- Credit Rating Result
ARGUS Credit Rating Services Limited (ACRSL) has rated the Company as "BBB-" in the long term and "ST-4" in the short term along with stable outlook based on audited financials of the Company up to June 30, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Query Response
In response to a DSE query dated January 24, 2024, the company has responded on January 25, 2024, stating that there is no undisclosed price sensitive information of the company for recent unusual price hike of shares.
- DSE query regarding hike in price of shares
This is for the information of all concerned that DSE sent a query letter regarding unusual hike in price of shares to Khan Brothers PP Woven Bag Industries Limited on January 24, 2024. However, the company has not provided any response yet.
- Query Response
In response to the DSE query dated January 16, 2024, 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.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.