Malek Spinning Mills PLC. announcements
284 Dhaka Stock Exchange announcements for Malek Spinning Mills PLC. (MALEKSPIN) since 2010: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2011 (23).
- Normal trading of the shares of the Company will resume on 17.11.11 after record date.
Normal trading of the shares of the Company will resume on 17.11.11 after record date.
- Trading of the shares of the Company will remain suspended on record date i.e., 16.11.11.
Trading of the shares of the Company will remain suspended on record date i.e., 16.11.11.
- (Q1): (Revised): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2011 (July'11 to Sep'1
(Q1): (Revised): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2011 (July'11 to Sep'11), the Company has reported consolidated net profit/(loss) after tax of Tk. (188.41) million with consolidated basic EPS of Tk. (1.18) as against Tk. 135.87 million and Tk. 0.86 respectively for the same period of the previous year. However, considering proposed bonus share @ 10% for the year 2011, consolidated restated basic EPS will be Tk. (1.07) as on 30.09.11 and Tk. 0.78 as on 30.09.10. (cont.)
- (continuation of news of MALEKSPIN-Q1): Whereas net profit/(loss) after tax was Tk. (116.14) million with basic EPS of T
(continuation of news of MALEKSPIN-Q1): Whereas net profit/(loss) after tax was Tk. (116.14) million with basic EPS of Tk. (0.73) for the 1st quarter ended on 30th September 2011 (July'11 to Sep'11) as against Tk. 76.81 million and Tk. 0.49 respectively for the same period of the previous year. However, considering proposed bonus share @ 10% for the year 2011, restated basic EPS will be Tk. (0.66) as on 30.09.11 and Tk. 0.44 as on 30.09.10.
The first part of this announcement is missing from the archive. - (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2011 (July'11 to Sep'11), the com
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2011 (July'11 to Sep'11), the company has reported net profit/(loss) after tax of Tk. (116.14) million with basic EPS of Tk. (0.73) as against Tk. 76.81 million and Tk. 0.49 respectively for the same period of the previous year. However, considering proposed bonus share @ 10% for the year 2011, restated basic EPS will be Tk. (0.66) as on 30.09.11 and Tk. 0.44 as on 30.09.10.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be
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 13.11.11 to 15.11.11. Trading of the shares of the Company will remain suspended on record date i.e., 16.11.11.
- There will be no price limit on the trading of the shares of the Company today (30.10.2011) following its corporate decl
There will be no price limit on the trading of the shares of the Company today (30.10.2011) following its corporate declaration.
- The Board of Directors has recommended stock dividend @ 10% for the year ended on June 30, 2011. Date of AGM: 27.12.2011
The Board of Directors has recommended stock dividend @ 10% for the year ended on June 30, 2011. Date of AGM: 27.12.2011, Time: 11:00 AM, Venue: Bashundhara Convention Center, Block-G, Umme Kulsum Road, Bashundhara R/A, Baridhara, Dhaka-1229. Record date: 16.11.2011. The Company has also reported consolidated EPS of Tk. 1.72, consolidated NAV per share of Tk. 30.49 and consolidated NOCFPS of Tk. 5.42 for the year ended on June 30, 2011. Again the Company has reported EPS of Tk. 0.64, NAV per share of Tk. 30.16 and NOCFPS of Tk. 3.79 for the year ended on June 30, 2011.
- As per regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of Board of Directors of the Co
As per regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of Board of Directors of the Company will be held on October 27, 2011 at 3:30 p.m. to consider, among others, audited financial statements of the Company for the year ended on June 30, 2011.
- In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Com
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.
- (continuation of news of MALEKSPIN-Q3 ) Again, As per un-audited quarterly accounts for the 3rd quarter ended on 31st Ma
(continuation of news of MALEKSPIN-Q3 ) Again, As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2011 (Jan'11 to March'11), the Company has also reported net profit after tax of Tk. 50.86 million with EPS of Tk. 0.32 as against Tk. 58.73 million and Tk. 0.49 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 263.76 million with EPS of Tk. 1.65 for the period of nine months (July'10 to March'11) ended on 31.03.2011 as against Tk. 154.32 million and Tk. 1.29 respectively for the same period of the previous year.
The first part of this announcement is missing from the archive. - (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2011 (Jan'11 to March'11), the Compan
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2011 (Jan'11 to March'11), the Company has reported consolidated net profit after tax and minority interest of Tk. 166.08 million with consolidated EPS of Tk. 1.04 as against Tk. 96.18 million and Tk. 0.80 respectively for the same period of the previous year. Whereas consolidated net profit after tax and minority interest was Tk. 497.19 million with consolidated EPS of Tk. 3.11 for the period of nine months (July'10 to March'11) ended on 31.03.2011 as against Tk. 250.69 million and Tk. 2.09 respectively for the same period of the previous year. (continue)
- (continuation of news of MALEKSPIN): (5) The Board of Directors further decided to confirm the redemption of debt of Sal
(continuation of news of MALEKSPIN): (5) The Board of Directors further decided to confirm the redemption of debt of Salek Textile Limited, a subsidiary of Malek Spinning Mills Limited, as on December 31, 2010 with different Banks amounting to Tk. 53,05,30,308.00 from IPO and placement proceeds as approved by shareholders in the AGM held on December 27, 2010 as per requirement of consent order of SEC (end).
The first part of this announcement is missing from the archive. - (continuation of news of MALEKSPIN): approved by shareholders in the AGM held on December 27, 2010 in lieu of the use of
(continuation of news of MALEKSPIN): approved by shareholders in the AGM held on December 27, 2010 in lieu of the use of IPO proceeds for investment in NewAsia Synthetics Limited as per Prospectus. That the total consideration money of Tk.120.00 crores would cover the following heads of utilization: (a) Payment for 9,000 shares of Tk.100.00 each to the Directors/Shareholders of Titas Spinning & Denim Company Limited at par : Tk. 0.09 crore (rounded), (b) Payment against directors Loan, creditors and others : Tk. 24.91 crore, (c) Taking over of Bank liabilities with Islami Bank Bangladesh Ltd. as on 12.08.2010 : Tk. 95.00 crore. Titas Spinning & Denim Company Limited is engaged in the production of 100% Export oriented denim fabrics/garments (cont.-5)
The first part of this announcement is missing from the archive. - (continuation of news of MALEKSPIN): with capacity of 15,000 yards/day. The factory is located on 17.60 acres (approx.)
(continuation of news of MALEKSPIN): with capacity of 15,000 yards/day. The factory is located on 17.60 acres (approx.) of land at Mahna, Bhabanipur, Gazipur, having all infrastructural facilities, (4) The Board of Directors also decided to confirm the redemption of debt of Malek Spinning Mills Limited, as on December 31, 2010 with different Banks/Financial Institutions amounting to Tk. 59,23,02,793.00 from IPO and placement proceeds as approved by shareholders in the AGM held on December 27, 2010 as per requirement of consent order of SEC and (cont.-6)
The first part of this announcement is missing from the archive. - (continuation of news of MALEKSPIN): which was also offered for sale. It has a production capacity of 8 (eight) M. Tons
(continuation of news of MALEKSPIN): which was also offered for sale. It has a production capacity of 8 (eight) M. Tons of knitted fabric and 18 (eighteen) lines of cutting and sewing operation with all facilities, storage etc., (3) To purchase 9,000 fully paid up ordinary shares of Tk.100.00 each out of 10,000 total issued/paid up shares of Tk.100.00 each i.e. 90% shares of Titas Spinning & Denim Company Limited, a Private Limited Company, as direct investment by Malek Spinning Mills Limited instead of by Salek Textile Limited under the same terms and conditions for which price sensitive information was published on August 19, 2010 at a total consideration of Tk.120.00 crore only for implementation of revised investment strategy/programme of investment as (cont.-4)
The first part of this announcement is missing from the archive. - The Company has informed that the Board of Directors of the Company has decided the following: (1) To shelve the further
The Company has informed that the Board of Directors of the Company has decided the following: (1) To shelve the further implementation of the project of NewAsia Synthetics Limited (NSL) due to declination of gas supply connection by Titas Gas Transmission & Distribution Co. Ltd. excepting incurring of those expenditure which are considered necessary for the interest of the company (NSL), (2) To purchase 624,900 fully paid up ordinary shares of Tk.100.00 each out of 625,000 total issued/paid up shares of Tk.100.00 each i.e. 99.98% shares of J M Fabrics Limited, a Private Limited Company, in the name of Malek Spinning Mills Ltd. at a total consideration of Tk. 77.50 crore only covering value of share capital, payment of term loan with banks & directors, (cont.-1)
- (continuation of news of MALEKSPIN): share money deposit and price of additional land purchase etc. for implementation o
(continuation of news of MALEKSPIN): share money deposit and price of additional land purchase etc. for implementation of revised investment strategy/programme of Investment as approved by shareholders in the AGM held on December 27, 2010 in lieu of the use of IPO proceeds for Investment in NewAsia Synthetics Limited as per Prospectus. That the total consideration value of Tk. 77.50 Crore covering heads of payments as follows: (a) Value of Share Capital (624,900 shares of Tk.100.00 each): Tk. 6.25 crore (rounded), (b) Payment of Term Loan with Sonali Bank Ltd. & Janata Bank Ltd. & payment against Directors' Share Money Deposit/loan : Tk. 65.32 crore and (c) Payment against additional Land purchase, Gas connection : Tk. 5.93 crore. (cont.-2)
The first part of this announcement is missing from the archive. - (continuation of news of MALEKSPIN): The Board of Directors also approved BMRE of J M Fabrics Limited at an estimated co
(continuation of news of MALEKSPIN): The Board of Directors also approved BMRE of J M Fabrics Limited at an estimated cost of Tk.104.00 crores enabling the company to raise its production capacity by about 50%-60% and with expected more than proportionate increase in profitability and authorized the managing director of MSML to take necessary steps and arrange long term loans from Banks in addition to providing proportionate equity by Malek Spinning Mills Limited. J M Fabrics Limited is engaged in the production of 100% Export oriented garments and knit fabrics. The factory is located on a plot of land measuring approx. 4.00 acres at South Nayapara, Bhawal Mirzapur, Gazipur. In addition the chairman of the company also owned land measuring approx. 2.50 acres, (cont.-3)
The first part of this announcement is missing from the archive. - (continuation of news of MALEKSPIN-H/Y) Again, as per un-audited half yearly accounts as on 31.12.10 (July' 10 to Dec' 1
(continuation of news of MALEKSPIN-H/Y) Again, as per un-audited half yearly accounts as on 31.12.10 (July' 10 to Dec' 10), the company has also reported net profit after tax of Tk. 212.90 million with EPS of Tk. 1.33 as against Tk. 93.44 million and Tk. 1.07 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 136.09 million with EPS of Tk. 0.85 for the period of 3 months (Oct' 10 to Dec' 10) ended on 31.12.10 as against Tk. 42.55 million and Tk. 0.41 respectively for the same period of the previous year.
The first part of this announcement is missing from the archive. - (H/Y): As per un-audited half yearly accounts as on 31.12.10 (July' 10 to Dec' 10), the company has reported consolidate
(H/Y): As per un-audited half yearly accounts as on 31.12.10 (July' 10 to Dec' 10), the company has reported consolidated net profit after tax and minority interest of Tk. 331.11 million with consolidated EPS of Tk. 2.07 as against Tk. 130.15 million and Tk. 1.50 respectively for the same period of the previous year. Whereas consolidated net profit after tax and minority interest was Tk. 201.15 million with consolidated EPS of Tk. 1.26 for the period of 3 months (Oct' 10 to Dec' 10) ended on 31.12.10 as against Tk. 76.25 million and Tk. 0.74 respectively for the same period of the previous year. (continue)
- DSE NEWS: The Stock Brokers and Merchant Bankers are requested not to provide loan facilities to purchase shares of Male
DSE NEWS: The Stock Brokers and Merchant Bankers are requested not to provide loan facilities to purchase shares of Malek Spinning Mills Ltd. between 1st to 30th trading day after change of categorization of the said securities i.e. starting from 18.01.2011 as per SEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009 and SEC Order No. SEC/CMRRCD/2001-50/167 dated October 01, 2009.
- The Company will be placed in "A" category from existing "N" category with effect from 18.01.2011 as the company reporte
The Company will be placed in "A" category from existing "N" category with effect from 18.01.2011 as the company reported disbursement of cash dividend @ 10% for the year ended on June 30, 2010.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.