DSE:MAKSONSPIN

Maksons Spinning Mills PLC. announcements

330 Dhaka Stock Exchange announcements for Maksons Spinning Mills PLC. (MAKSONSPIN) since 2009: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (20).

  1. Alpha Credit Rating Limited (AlphaRating) has assigned Surveillance rating of the Company as \"BBB\" in the long term an

    Alpha Credit Rating Limited (AlphaRating) has assigned Surveillance rating of the Company as \"BBB\" in the long term and \"ST-3\" in the short term along with a Stable Outlook based on audited financials up to June 30, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

  2. Resumption after record date

    Trading of the shares of the Company will resume on 07.12.2022 after record date.

  3. Suspension for Record date

    Trading of the shares of the Company will remain suspended on record date i.e., 06.12.2022.

  4. 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 04.12.2022 to 05.12.2022. Trading of the shares will remain suspended on record date i.e., 06.12.2022.

  5. Q1 Financials

    (Q1 Un-audited): EPS was Tk. 0.71 for July-September 2022 as against Tk. 0.75 for July - September 2021; NOCFPS was Tk. 1.15 for July-September 2022 as against Tk. 0.33 for July-September 2021. NAV per share was Tk. 21.76 as on September 30, 2022 and Tk. 21.05 as on June 30, 2022.

  6. The auditor of the Maksons Spinning Mills Limited has given the \"Qualified Opinion\" paragraphs in the auditor\'s repor

    The auditor of the Maksons Spinning Mills Limited has given the \"Qualified Opinion\" paragraphs in the auditor\'s report for the year ended June 30, 2022. Basis for Qualified Opinion: The Company approved the payment of 11\% Cash Dividend at the Annual General Meeting held on 19 January 2022 which is worth BDT 226,959,925 (net of source tax). As per Section 3(i) of Bangladesh Securities & Exchange Commission Directive BSEC/CMRRCD/2021-386/03 dated 14 January 2021, (cont.)

  7. Qualified Opinion

    (Continuation news of MAKSONSPIN): all Companies have to transfer funds equivalent to the dividend declared to the designated bank account. During the year, the Company deposited BDT 200,063,210 which is less than the required amount which needs to be transferred to the designated bank account. This is a violation of the said directive of the BSEC. (end)

    The first part of this announcement is missing from the archive.
  8. MAKSONSPIN : 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 13, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.

  9. (Continuation news of MAKSONSPIN): the Board of Directors has decided to subscribe further 1,20,00,000 nos. of ordinary

    (Continuation news of MAKSONSPIN): the Board of Directors has decided to subscribe further 1,20,00,000 nos. of ordinary shares (Tk. 10 each) against Tk. 12,00,00,000.00 of Maksons Textiles Limited and 1,20,00,000 nos. of ordinary shares against Tk. 12,00,00,000.00 of Gardenia Wears Ltd, subject to obtain approval by the shareholders in the upcoming 18th Annual General meeting. Maksons Textiles Limited is the 100\% export oriented Spinning Industry and is under implementation of (cont.2)

    The first part of this announcement is missing from the archive.
  10. The Board of Directors has recommended 10\% cash dividend for the year ended June 30, 2022. Date of AGM: 06.02.2023, Tim

    The Board of Directors has recommended 10\% cash dividend for the year ended June 30, 2022. Date of AGM: 06.02.2023, Time: 11:30 AM, Venue: Digital Platform. Record date: 06.12.2022. The Company has reported EPS of Tk. 2.11, NAV per share of Tk. 21.05 and NOCFPS of Tk. 2.09 for the year ended June 30, 2022 as against Tk. 2.07, Tk. 20.09 and Tk. 2.81 respectively for the same period of the previous year. The company further informed that (cont.1)

  11. Price Limit Open

    There will be no price limit on the trading of the shares of the Company today (30.10.2022) 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.

  12. Dividend Declaration & Decision to subscribe shares of two companies

    (Continuation news of MAKSONSPIN): a project having 25,824 spindle with production capacity of 27,000 kg yarn per day. Gardenia Wears Limited which is a 100% export-oriented and compliant garments manufacturing factory, has started its production since August, 2016. Gardenia Wears Ltd has taken expansion of 10 production lines in addition to existing unit at the same premises. It is a well-equipped and highly complaint factory building situated at Sitpara, Bormi, Sreepur, Gazipur, Bangladesh. (end)

    The first part of this announcement is missing from the archive.
  13. 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 27, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.

  14. Alpha Credit Rating Limited (AlphaRating) has rated the Company as \"BBB\" in the long term and \"ST-3\" in the short te

    Alpha Credit Rating Limited (AlphaRating) has rated the Company as \"BBB\" in the long term and \"ST-3\" in the short term along with a Stable outlook based on audited financial statements of the Company as on June 30, 2021 and relevant qualitative information till September 04, 2022.

  15. Q3 Financials

    (Q3 Un-audited): EPS was Tk. 0.82 for January-March 2022 as against Tk. 0.64 for January-March 2021; EPS was Tk. 2.59 for July 2021-March 2022 as against Tk. 1.15 for July 2020-March 2021. NOCFPS was Tk. 1.80 for July 2021-March 2022 as against Tk. 1.14 for July 2020-March 2021. NAV per share was Tk. 21.56 as on March 31, 2022 and Tk. 20.09 as on June 30, 2021.

  16. 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 26, 2022 at 2:10 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.

  17. Dividend Disbursement

    The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.

  18. Category Change

    The Company will be placed in 'A' category from existing 'B' category with effect from February 27, 2022 as the Company has reported disbursement of 11% cash dividend for the year ended June 30, 2021.

  19. Q2 Financials

    (Q2 Un-audited): EPS was Tk. 1.01 for October-December 2021 as against Tk. 0.40 for October-December 2020; EPS was Tk. 1.76 for July-December 2021 as against Tk. 0.51 for July-December 2020. NOCFPS was Tk. 0.54 for July-December 2021 as against Tk. 1.28 for July-December 2020. NAV per share was Tk. 21.86 as on December 31, 2021 and Tk. 20.90 as on June 30, 2021.

  20. 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 January 29, 2022 at 10:00 AM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.