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 2017 (17).
- 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 on November 7, 2017. The Company has also disbursed cash dividend to the shareholders' bank accounts through BEFTN.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.41 for July-September, 2017 as against Tk. 0.39 for July-September, 2016; NOCFPS was Tk. 1.46 for July-September 2017 as against Tk. (0.54) for July-September, 2016. NAV per share was Tk. 25.21 as on September 30, 2017 and Tk. 24.80 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 November 14, 2017 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, 2017.
- Resumption after Record Date
Trading of the shares of the Company will resume on 12.10.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 11.10.2017.
- 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 benefits from 09.10.2017 to 10.10.2017. Trading of the shares of the Company will remain suspended on record date i.e., 11.10.2017.
- 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 stable outlook in consideration of its audited financials up to June 30, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Dividend Declaration
The Board of Directors has recommended 10% cash and 5% stock dividend for the year ended on June 30, 2017. Date of AGM: 31.10.2017, Time: 11:00 AM, Venue: Chittagong Boat Club. Near Old Airport, Potenga, Chittagong. Record Date: 11.10.2017. The Company has also reported EPS of Tk. 2.20, NAV per share of Tk. 24.80 and NOCFPS of Tk. 2.80 for the year ended on June 30, 2017 as against Tk. 2.14 (restated), Tk. 25.37 and Tk. 2.50 respectively for the year ended on June 30, 2016.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (19.09.2017) 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 September 18, 2017 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
- Commencement of expansion of Button and addition of Hanger project
The Company has informed that the Board of Directors of the Company has decided to inform that as per earlier declaration, expansion of Button and addition of Hanger project have been completed and commercial production of these expansion and addition of new project have been started on 10th August. 2017, after having successful trail production. (cont.) (Continuation news of KDSALTD): On expansion and addition of new project, total 280 GG of Button and 150,000 Pcs of Hangers could be produced per day upon utilization of full capacity and may generate addition al sales revenue of Tk. 20.83 million per month and Tk. 250.00 million annually approximately. (end)
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.59 for January-March, 2017 as against Tk. 0.60 for January-March, 2016; EPS was Tk. 1.87 for July, 2016-March, 2017 as against Tk. 1.68 for July, 2015-March, 2016. NOCFPS was Tk. 2.99 for July, 2016-March, 2017 as against Tk. (1.06) for July, 2015-March, 2016. NAV per share was Tk. 24.14 as of March 31, 2017 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 April 29, 2017 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, 2017.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.90 for October-December, 2016 as against Tk. 0.74 (restated) for October-December, 2015; EPS was Tk. 1.28 for July-December, 2016 as against Tk. 1.08 (restated) for July-December, 2015. NOCFPS was Tk. 0.42 for July-December, 2016 as against Tk. (4.60) for July-December, 2015. NAV per share was Tk. 23.55 as of December 31, 2016 and Tk. 24.99 as of June 30, 2016.
- Postponement of Board Meeting schedule under LR 16(1)
The Company has further informed that due to unavoidable circumstances, the meeting scheduled to be held on January 23, 2017 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, 2016, has been postponed. New date and time of the meeting will be notified later.
- 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 January 23, 2017 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, 2016.
- Expansion of the existing and addition
The Company has informed that the Board of Directors has decided to go for setting up a separate hanger manufacturing unit in Gazipur, besides increasing the current Button manufacturing capacity in Gazipur. Details of expansion & addition of new product line are as follows: Estimated Project cost: US$ 768,273.00 equivalent to BDT 61.45 million (for Button: US$ 253,773.00 & for Hanger US$ 514,500.00); Project Location: under existing premises of Unit-2, West Dogory, Mirzapur, Gazipur Sadar, Dhaka; Financing of Project: Foreign Suppier's Credit, Bank Loan and Company's own source; Origin of Machineries: Europe and China; Estimated date of Project Completion: within June, 2017; Production Capacity per day after completion of the Project: Total 280 GG of Button and 150,000 Pcs of Hanger; Expected turnover on utilization of full capacity: additional revenue of BDT 20.83 million per month and BDT 250.00 million annually approximately.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.