Keya Cosmetics Limited announcements
337 Dhaka Stock Exchange announcements for Keya Cosmetics Limited (KEYACOSMET) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2014 (26).
- will be placed in Z category
The Company will be placed in Z category from existing A category with effect from January 01, 2015 as the Company failed to hold AGM in the year 2014.
- non marginable
The Stock Brokers and Merchant Bankers are requested not to provide loan facilities to purchase securities of Keya Cosmetics Ltd. starting from January 01, 2015 as per SEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.
- AGM
The Company has further informed that the 18th AGM of the Company will now be held on January 14, 2015 at 10:00 AM at the factory premises of Keya Knit Composite Limited, Jarun, Konabari, Gazipur. Other information of the AGM as announced earlier.
- office address changed
The Company has informed that the Registered office of the Company has been shifted from Navana Tower, (14th Floor), Suit-A, Plot-45, Gulshan Avenue, Gulshan-01, Dhaka-1212 to Jarun, Konabari, Gazipur with effect from December 15, 2014.
- will resume
Normal trading of the shares of the Company will resume on 22.12.2014 after record date.
- trade suspeded on record date
Trading of the shares of the Company will remain suspended on record date i.e., 21.12.2014 for AGM and amalgamation purpose.
- Sponsors/Directors intention to sell
Keya Knit Composite Limited, one of the Corporate Sponsors/Directors of the Company, has expressed its intention to sell total of 69,05,500 shares out of its total holding of 1,61,70,378 shares while Keya Yarn Mills Limited, another Sponsors of the Company, has expressed its intention to buy 69,05,500 shares of the Company at prevailing market price (In the Block Market) through Stock Exchange within next 30 working days.
- Spot Market and Block/Odd lot transactions
Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per spot settlement cycle with cum benefit from 17.12.2014 to 18.12.2014. Trading of the shares of the Company will remain suspended on record date i.e., 21.12.2014 for AGM and amalgamation purpose.
- Q1
As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported net profit after tax of Tk. 105.17 million with EPS of Tk. 0.59 as against Tk. 94.96 million and Tk. 0.53 respectively for the same period of the previous year.
- company news
With reference to their earlier letter dated October 20, 2013 (news disseminated by DSE on October 20, 2013), The Company has further informed that the Honourable Shareholders of Keya Cosmetics Limited, regulatory authorities and various stakeholders that the Board of Directors accepted with deep satisfaction in its urgent Board Meeting held on 07.12.2014 about positive verdict on company matter No. 235 of 2013 that the Hon'ble High Court Division of the Supreme Court of Bangladesh has passed an Order on 07.12.2014, on the Company Matter No.235 of 2013, approving: (a) Draft Scheme of Amalgamation of Keya Cosmetics Limited (Transferee Company) with Keya Knit Composite Limited (the transferor company No.1), Keya Cotton Mills Limited (the transferor company No-2) and Keya Spinning Mills Limited (the transferor company No.3) for the purpose of section 228 read with section 229 of the Companies Act, 1994; and (b) 1 July, 2013 as the Appointed Date, in terms of Clause 2(b) of the aforesaid Scheme of Amalgamation, with effect from which date the Undertaking, Assets, Liabilities, Licenses, Rights and Benefits of Keya Cosmetics Limited (Transferee Company) with Keya Knit Composite Limited (the transferor company No.1), Keya Cotton Mills Limited (the transferor company No.2) and Keya Spinning Mills Limited (the transferor company No.3). The Court ordered dissolution of the transferor companies in consideration of allotment of shares in the transferee company to the shareholders of the transferor companies in the Ratio mentioned in the Scheme i.e. the Ratio of 01 shares of the petitioner No.1 (Keya Cosmetics Limited) for 1.36842 shares of petitioner No.2 (Keya Knit Composite Limited), Ratio of 01 share of the petitioner No.1 for 0.70270 shares of petitioner No.3 (Keya Cotton Mills Limited) and Ratio of 01 share of the petitioner No.1 for 0.63414 shares of petitioner No.4 (Keya Spinning Mills Limited). Consequential to that, the Board of Directors of Keya Cosmetics Limited (Transferee Company) with Keya Knit Composite Limited (the transferor company No.1), Keya Cotton Mills Limited (the transferor company No.2) and Keya Spinning Mills Limited (the transferor company No.3) in their separate meetings have decided that the record date and book closing date for exchange of shares of the Transferor Company for those of the Transferee Company, pursuant to Clause 11 of the aforesaid Scheme of Amalgamation, shall be 21 December, 2014 and from 11/12/2014 to 21/12/2014 (as the case may be).
- dividend declaration
The Board of Directors has recommended 20% cash dividend for the year ended on June 30, 2014. Record Date: 21.12.2014. Date, Time and Venue of the AGM will be notified later. The Company has also reported EPS of Tk. 1.51, NAV per share of Tk. 21.09 and NOCFPS of Tk. 1.62 for the year ended on June 30, 2014 as against Tk. 1.41 (restated), Tk. 21.54 and Tk. (1.29) respectively for the year ended on June 30, 2013.
- no price limit
There will be no price limit on the trading of the shares of the Company today (04.12.2014) following its corporate declaration.
- Board Meeting rescheduled
The Company has further informed that due to unavoidable circumstances, the meeting of the Board of Directors of the Company will now be held on December 03, 2014 instead of December 02, 2014 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2014.
- Board meeting
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on December 02, 2014 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2014.<br>
- DSE query
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.
- Credit Rating
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 stable outlook based on audited financial statements of the Company up to June 30, 2013, unaudited financials up to March 31, 2014 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- extension of the validity of amalgamation
The Company has informed that the Board of Directors of the Company has approved the extension of the date of validity of the scheme of amalgamation among Keya Cosmetics Limited, Keya Cotton Mills Limited, Keya Spinning Mills Limited and Keya Knit Composite Limited up to 30th June 2015 instead of 30th June 2014.
- (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2014 (Jan'14 to March'14), the Compan
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported net profit after tax of Tk. 63.96 million with EPS of Tk. 0.36 as against Tk. 51.11 million and Tk. 0.29 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 259.04 million with EPS of Tk. 1.45 for the period of nine months (July'13 to March'14) ended on 31.03.2014 as against Tk. 174.67 million and Tk. 0.98 respectively for the same period of the previous year.
- The Company has informed that the Board of Directors of the Company has decided to purchase of land measuring approximat
The Company has informed that the Board of Directors of the Company has decided to purchase of land measuring approximately 215.97 decimal @ Tk. 16,20,595.45 per decimal amounting to Tk. 35.00 crore only and registration cost thereon situated at Jarun, Konabari, Gazipur for use of factory extension subject to approval of concerned authority.
- Keya Knit Composite Ltd., one of the Corporate Sponsors/Directors of the Company, has further reported that it has compl
Keya Knit Composite Ltd., one of the Corporate Sponsors/Directors of the Company, has further reported that it has completed its sale of 22,75,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Keya Knit Composite Ltd., one of the Corporate Sponsors/Directors of the Company, has expressed its intention to sell 22
Keya Knit Composite Ltd., one of the Corporate Sponsors/Directors of the Company, has expressed its intention to sell 22,75,000 shares out of its total holding of 1,84,45,378 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- H/Y Earnings
As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported net profit after tax of Tk. 195.08 million with EPS of Tk. 1.09 as against Tk. 123.56 million and Tk. 0.69 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 100.13 million with EPS of Tk. 0.56 for the period of 3 months (Oct'13 to Dec'13) ended on 31.12.2013 as against Tk. 48.20 million and Tk. 0.27 respectively for the same period of the previous year.
- (H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported net profit
(H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported net profit after tax of Tk. 195.08 million with EPS of Tk. 1.09 as against Tk. 123.56 million and Tk. 0.69 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 100.13 million with EPS of Tk. 0.56 for the period of 3 months (Oct'13 to Dec'13) ended on 31.12.2013 as against Tk. 48.20 million and Tk. 0.27 respectively for the same period of the previous year.
- Keya Knit Composite Ltd., one of the Corporate Sponsors/Directors of the Company, has further reported that it has compl
Keya Knit Composite Ltd., one of the Corporate Sponsors/Directors of the Company, has further reported that it has completed its sale of 19,75,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Keya Knit Composite Ltd., one of the Corporate Sponsors/Directors of the Company, has expressed its intention to sell 19
Keya Knit Composite Ltd., one of the Corporate Sponsors/Directors of the Company, has expressed its intention to sell 19,75,000 shares out of its total holding of 2,04,20,378 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Keya Knit Composite Ltd., one of the Corporate Sponsors/Directors of the Company, has further reported that it has compl
Keya Knit Composite Ltd., one of the Corporate Sponsors/Directors of the Company, has further reported that it has completed its sale of 20,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.