Linde Bangladesh Limited announcements
325 Dhaka Stock Exchange announcements for Linde Bangladesh Limited (LINDEBD) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (26).
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2022 to the respective shareholders.
- (Q3 Un-audited): EPS was Tk. 13.48 for July-September 2023 as against Tk. 13.83 for July-September 2022; EPS was Tk. 31.
(Q3 Un-audited): EPS was Tk. 13.48 for July-September 2023 as against Tk. 13.83 for July-September 2022; EPS was Tk. 31.89 for January-September 2023 as against Tk. 48.78 for January-September 2022. NOCFPS was Tk. 30.14 for January-September 2023 as against Tk. 36.78 for January-September 2022. NAV per share was Tk. 387.33 as on September 30, 2023 and Tk. 389.34 as on September 30, 2022. (Cont.)
- Q3 Financials
(Continuation news of LINDEBD): Reasons for Deviation in EPS: EPS has decreased mainly for higher cost of imported materials and services. (end)
The first part of this announcement is missing from the archive. - 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 26, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
- Refer to their earlier news disseminated by DSE on 18.04.2023 regarding EGM for approval of the scheme of arrangement fo
Refer to their earlier news disseminated by DSE on 18.04.2023 regarding EGM for approval of the scheme of arrangement for demerger, the company has further informed that the Hon\'ble High Court of the Supreme Court of Bangladesh by a judgment and order dated 14.08.2023 passed in Company Matter No. 107 of 2023, has approved (cont.)
- Court Order regarding approval of scheme of arrangement for demerger
(Continuation news of LINDEBD): the scheme of arrangement for demerger of Linde Bangladesh Limited whereby the hardgoods business of Linde Bangladesh Limited, together with its assets and liabilities, will be transferred and vested in Linde Industries Pvt. Ltd. (end)
The first part of this announcement is missing from the archive. - Allotment of 5 acres land at Mirsarai Economic Zone
The Company has informed that it has received Provisional Letter of Allotment wherein the Company has been allotted 5 acres of industrial land at the Mirsarai Economic Zone in Chattogram by Bangladesh Economic Zones Authority (BEZA), to set-up its new manufacturing facility. The Company is in the process of signing the lease agreement with BEZA subject to fulfilment of certain terms and conditions.
- (Q2 Un-audited): EPS was Tk. 9.19 for April-June 2023 as against Tk. 15.30 for April-June 2022; EPS was Tk. 18.41 for Ja
(Q2 Un-audited): EPS was Tk. 9.19 for April-June 2023 as against Tk. 15.30 for April-June 2022; EPS was Tk. 18.41 for January-June 2023 as against Tk. 34.95 for January-June 2022. NOCFPS was Tk. 67.80 for January-June 2023 as against Tk. 29.99 for January-June 2022. NAV per share was Tk. 373.85 as on June 30, 2023 and Tk. 397.44 as on December 31, 2022. (cont.)
- Q2 Financials
(Continuation news of LINDEBD): Reasons for deviation in EPS and NOCFPS: EPS has been decreased due to lower sales and higher price of raw materials in international market coupled with recent forex movement. NOCFPS has been increased due to favorable payments terms accepted by the overseas vendors. (end)
The first part of this announcement is missing from the archive. - 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 July 30, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2023.
- (Q1 Un-audited): EPS was Tk. 9.22 for January-March 2023 as against Tk. 19.65 for January-March 2022. NOCFPS was Tk. 37.
(Q1 Un-audited): EPS was Tk. 9.22 for January-March 2023 as against Tk. 19.65 for January-March 2022. NOCFPS was Tk. 37.53 for January-March 2023 as against Tk. 13.71 for January-March 2022. NAV per share was Tk. 406.65 as on March 31, 2023 and Tk. 415.20 as on March 31, 2022. (cont.)
- Q1 Financials
(Continuation news of LINDEBD): Reasons for deviation in EPS and NOCFPS: EPS has been decreased due to lower sales and higher price of raw materials in international market coupled with recent forex movement. NOCFPS has been increased due to favorable payments terms accepted by the overseas vendors. (end)
The first part of this announcement is missing from the archive. - 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 11, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023.
- The company has informed that the Board of Directors at its board meeting held on March 12, 2023 decided to hold an EGM
The company has informed that the Board of Directors at its board meeting held on March 12, 2023 decided to hold an EGM on May 11, 2023 at 10:30 AM. Record date was fixed on April 02, 2023. Link of EGM: https://meetbd.live/egm2023linde. The EGM will be held to transact the following business: Approval of the Scheme of arrangement for demerger- (cont.1)
- (Continuation news of LINDEBD): To consider, and if thought fit, to pass the following resolutions as special resolution
(Continuation news of LINDEBD): To consider, and if thought fit, to pass the following resolutions as special resolution, with or without modification: \"Resolved that Draft Scheme of Arrangement for Demerger of Linde Bangladesh Limited (\"the Scheme\") be and is hereby approved and subject to sanction of the Scheme by the High Court Division of the Supreme Court of Bangladesh and subject to approval of the Scheme by the creditors of Linde Bangladesh Limited (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of LINDEBD): and creditors and shareholders of Linde Industries Pvt. Ltd., in accordance with the pro
(Continuation news of LINDEBD): and creditors and shareholders of Linde Industries Pvt. Ltd., in accordance with the provisions of Section 228 and 229 of the Companies Act, 1994, let Demerged Undertaking of Linde Bangladesh Limited be demerged and vested to Linde Industries Pvt. Ltd. in terms of the Scheme.\" (end)
The first part of this announcement is missing from the archive. - Resumption after record date
Trading of the shares of the company will resume on 03.04.2023.
- Suspension for Record date
Trading of the shares of the company will be suspended on record date i.e., 02.04.2023.
- 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 29.03.2023 to 30.03.2023 and trading of the shares will remain suspended on record date i.e., 02.04.2023.
- The Board of Directors of the company has resolved to restructure and reorganize its gas and hard goods business through
The Board of Directors of the company has resolved to restructure and reorganize its gas and hard goods business through a Scheme of Demerger and approved a draft Scheme to be presented to the Hon\'ble High Court Division of the Supreme Court of Bangladesh under section 228 read with 229 of the Companies Act, 1994 subject to approval of the same by the shareholders in an EGM under the supervision of (cont.)
- Appointment of Managing Director
The Company has informed that Mr. Bibhabasu Sengupta has been appointed as Managing Director of the company with effect from April 01, 2023. Tenure of Mr. Sujeet Kumar Pai, Managing Director of the company will expire on March 31, 2023.
- Dividend Declaration
The Board of Directors has recommended 420% cash dividend for the year ended December 31, 2022. Date of AGM: 11.05.2023, Time: 11:00 AM, Venue: Digital Platform; Record Date: 02.04.2023. The Company has also reported EPS of Tk. 58.04, NAV per share of Tk. 397.44 and NOCFPS of Tk. 37.32 for the year ended December 31, 2022 as against Tk. 80.55, Tk. 395.55 and Tk. 80.34 respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (13.03.2023) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
- Decision to restructure and reorganize gas and hard goods business
(Continuation news of LINDEBD): the court and the relevant regulatory authority. The company expects that once the Scheme is approved by the High Court Division, the hard goods business will be hived down to a wholly owned subsidiary and will bring much needed diversity in the product range. (end)
The first part of this announcement is missing from the archive. - Appointment of Chief Financial Officer
The Company has informed that Mr. Suvendu Chowdhury, Associate Director-SSC, South Asia has been appointed as Chief Financial Officer of the company with effect from March 12, 2023. Tenure of Mr. Md. Anisuzzaman, Chief Financial Officer of the company has expired on November 30, 2022.
- 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 12, 2023 at 3:30 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.