KDS Accessories Limited announcements
170 Dhaka Stock Exchange announcements for KDS Accessories Limited (KDSALTD) since 2015: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (23).
- Q1 Financials
EPS was Tk. 0.39 for July-September, 2016 as against Tk. 0.34 for July-September, 2015; NOCFPS was Tk. (0.54) for July-September 2016 as against Tk. (3.73) for July-September, 2015. NAV per share was Tk. 22.65 as of September 30, 2016 and Tk. 24.99 as of June 30, 2016.
- 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 31, 2016 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, 2016.
- Category Change
The Company will be placed in 'A' category from existing 'N' category with effect from October 04, 2016 as the Company has reported disbursement of 5% cash dividend & 10% stock dividend to all shareholders for the year ended on June 30, 2016.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase any security of KDS Accessories Limited in between 1st to 30th trading day after change of categorization, starting from October 04, 2016 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- Starting of commercial production of new packaging line
With reference to their earlier news disseminated by DSE on September 25, 2016, regarding Starting of commercial production of new packaging line, the Company has further informed that after commercial production of new packaging line, if the full capacity can be produced and sold then it may generate additional sales revenue of USD 13.00 million (approximately) per year.
- Starting of commercial production of new packaging line
The Board of Directors of the Company has informed that as per declaration in the IPO prospectus and approval, expansion of packaging line - 3 of the company has been successfully completed by using IPO fund and commercial production of new packaging line has been started in September 22, 2016 after having trial production. On implementation of this unit, additional production capacity of carton will be increased by 45,000 pcs/ per day.
- Buy Declaration of a Corporate Sponsor
KDS Garment Industries Ltd., one of the Corporate Sponsors of the Company, has expressed its intention to buy 11,45,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Information for Brokerage houses relating to Margin Loan holders
The Company has requested the concerned Brokerage Houses/DPs to provide the statement (both of hard copy & softcopy) on or before September 01, 2016 with details of their margin loan holders entitled to Dividend for the period of 18 months from January 01, 2015 to June 30, 2016. The statement should include shareholder's name, BOID number, client-wise shareholding position, contact person etc.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has rated the Company as "A+" in the long term and "ST-3" in the short term along with a positive outlook in consideration of its audited financials up to December 31, 2015 and unaudited financials up to June 30, 2016 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Re-fixation of postponed AGM
The Company has further informed that the new date of 25th AGM will now be held on September 01, 2016 for the year ended on June 30, 2016. Time: 10:00 AM. Venue: Banquet Hall, Chittagong Club Limited, S. S. Khaled Road, Chittagong-4000.
- 18 Months Financials
(18 Months audited): EPS for 6 months period was Tk. 1.17 for Jan-June, 2016 as against Tk. 1.58 for Jan-June, 2015; EPS for 18 months period was Tk. 4.00 for January, 2015- June, 2016 as against Tk. 3.27 for July, 2013- December, 2014. NOCFPS was Tk. 5.83 for January, 2015-June, 2016 as against Tk. 5.93 for July, 2013- December, 2014. NAV per share was Tk. 24.99 as of June 30, 2016 and Tk. 23.42 as of June 30, 2015.
- Board meeting for Re-fixation
The Company has further informed that a meeting of the Board of Directors of the Company will now be held on August 09, 2016 at 4:00 PM to reschedule the earlier postponed 25th Annual General Meeting of the Company for the year ended on June 30, 2016. In the meeting the Board, among others, will review and approve the financial statements of the Company for the period from 1st January, 2016 to 30th June, 2016 and combined financial statements of 18 months from 1st January, 2015 to 30th June, 2016.
- Postponement of AGM, unchanged Record date.
The Company has further informed that pursuant to the Directive issued by the BSEC dated April 27, 2016 to follow July-June as income year, in compliance with the provision of the Finance Act, 2015, the company has postponed their AGM to be held on June 02, 2016. In compliance with the aforesaid Directive and for the first time adoption of the change in the financial year, AGM of the Company will consider 18 months accounts i.e. audited accounts from January 1, 2015 to June 30, 2016.Therefore the AGM will be held after closing the accounts on June 30, 2016 and within the calendar year 2016. Record date declared earlier i.e., April 21, 2016, shall remain unchanged for entitlement of 5% cash and 10% stock dividend.
- Unaudited Financial Information
EPS was Tk. 0.66 for January-March, 2016 as against Tk. 0.63 for January-March, 2015. NOCFPS was Tk. (1.17) for January-March, 2016 as against Tk. 1.62 for January-March, 2015. NAV per share was Tk. 24.49 as of March 31, 2016 and Tk. 23.82 as of December 31, 2015.
- Board Meeting
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 11, 2016 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2016.
- Resumption after Record date
Trading of the shares of the Company will resume on 24.04.2016 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 21.04.2016.
- Spot News for 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 19.04.2016 to 20.04.2016. Trading of the shares of the Company will remain suspended on record date i.e., 21.04.2016.
- Dividend Declaration
The Board of Directors has recommended 5% cash and 10% stock dividend for the year ended on 31.12.2015. Date of AGM: 02.06.2016, Time: 10:00 AM, Venue: Chittagong Club Ltd., Chittagong. Record Date: 21.04.2016. The Company has also reported Net Profit after Tax of Tk. 124.99 million, EPS(weighted) of Tk. 2.86, NAV per share of Tk. 23.82 and NOCFPS of Tk. 3.44 for the year ended on 31.12.2015 as against Tk. 88.64 million, Tk. 2.22, Tk. 21.85 and Tk. 4.67 respectively for the year ended on 31.12.2014.
- Price Limit
There will be no price limit on the trading of the shares of the Company today (30.03.2016) following its corporate declaration.
- Dividend Declaration
The Board of Directors has recommended 5% cash and 10% stock dividend for the year ended on 31.12.2015. Date of AGM: 02.06.2016, Time: 10:00 AM, Venue: Chittagong Club Ltd., Chittagong. Record Date: 21.04.2016. The Company has also reported Net Profit after Tax of Tk. 124.99 million, EPS(weighted) of Tk. 2.86, NAV per share of Tk. 23.82 and NOCFPS of Tk. 3.44 for the year ended on 31.12.2015 as against Tk. 88.64 million, Tk. 2.22, Tk. 21.85 and Tk. 4.67 respectively for the year ended on 31.12.2014.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.03.2016) 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 March 29, 2016 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.