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 2014 (14).
- Trade Resume
Normal trading of the shares of the Company will resume on 19.11.2014 after record date. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>
- trade suspended on record date
Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2014. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>
- Spot Market
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 16.11.2014 to 17.11.2014. Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2014.
- 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 consolidated net profit after tax (excluding non-controlling interests) of Tk. 88.62 million with consolidated EPS of Tk. 0.46 as against Tk. 125.87 million and Tk. 0.65 respectively for the same period of the previous year.
- Credit Rating
Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA-" 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.
- recommended 10% cash dividend
The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2014. Date of AGM: 18.12.2014, Time: 10:30 AM, Venue: Trust Milonayaton, 545, Puraton Biman Bandar Sarak (Adjacent to Shahid Bir Shresta Jahangir Gate), Dhaka Cantonment, Dhaka-1206. Record Date: 18.11.2014. The Company has reported consolidated EPS of Tk. 2.33, consolidated NAV per share of Tk. 45.06 and consolidated NOCFPS of Tk. 3.03 for the year ended on June 30, 2014. The Company has also reported EPS of Tk. 1.11, NAV per share of Tk. 28.32 and NOCFPS of Tk. 2.62 for the year ended on June 30, 2014.
- meeting of the Board of Directors
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on October 27, 2014 at 2.45 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2014. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>
- Issue of Capital
BSEC has given consent under the provisions of the Securities and Exchange Commission (Issue of Capital) Rules, 2001, for raising the paid up capital of Salek Textile Limited (transferee) from Tk. 40,00,00,000.00 to Tk. 48,26,08,700.00 through issuance of 8,26,087 ordinary shares of Tk. 100 each totaling Tk. 8,26,08,700 to the shareholders of Titas Spinning & Denim Co. Limited (transferor) in course of Amalgamation at a ratio of 1:4.6 (1 share of STL against 4.6 shares of TSDL). Salek Textile Limited and Titas Spinning & Denim Co. Limited, both are subsidiaries of Malek Spinning Mills Ltd.
- (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 consolidated net profit after tax (excluding non-controlling interest) of Tk. 110.44 million with consolidated EPS of Tk. 0.57 as against Tk. 115.05 million and Tk. 0.59 respectively for the same period of the previous year. Whereas consolidated net profit after tax (excluding non-controlling interest) was Tk. 324.33 million with consolidated EPS of Tk. 1.68 for the period of nine months (July'13 to March'14) ended on 31.03.2014 as against Tk. 287.85 million and Tk. 1.49 respectively for the same period of the previous year.
- With reference to their earlier news (news disseminated by DSE on November 18, 2013) regarding amalgamation of subsidiar
With reference to their earlier news (news disseminated by DSE on November 18, 2013) regarding amalgamation of subsidiary companies of Malek Spinning Mills Ltd. - Titas Spinning & Denim Company Ltd. (Transferor Company) with Salek Textile Ltd. (Transferee Company), the Company has further informed that the Hon'ble High Court Division of the Supreme Court of Bangladesh vide judgement and order dated 05.03.2014, has approved the Scheme of Amalgamation. As per the order, the effective date of Amalgamation is 31 March 2014.
- H/Y Earnings
As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported consolidated net profit after tax (excluding non controlling interests) of Tk. 213.89 million with consolidated EPS of Tk. 1.10 as against Tk. 171.88 million and Tk. 0.89 respectively for the same period of the previous year. Whereas consolidated net profit after tax (excluding non controlling interests) was Tk. 88.02 million with consolidated EPS of Tk. 0.45 for the period of 3 months (Oct'13 to Dec'13) ended on 31.12.2013 as against Tk. 97.72 million and Tk. 0.50 respectively for the same period of the previous year. In the footnote, the Company has reported that EPS of July'12 to Dec'12 and Oct'12 to Dec'12 periods were changed due to shifting of deferred Tax amount of those period from Comprehensive Income Accounts to Retained Earnings Account. (end)
- (H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported consolidate
(H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported consolidated net profit after tax (excluding non controlling interests) of Tk. 213.89 million with consolidated EPS of Tk. 1.10 as against Tk. 171.88 million and Tk. 0.89 respectively for the same period of the previous year. Whereas consolidated net profit after tax (excluding non controlling interests) was Tk. 88.02 million with consolidated EPS of Tk. 0.45 for the period of 3 months (Oct'13 to Dec'13) ended on 31.12.2013 (cont.)
- (Continuation of news of MALEKSPIN- H/Y): as against Tk. 97.72 million and Tk. 0.50 respectively for the same period of
(Continuation of news of MALEKSPIN- H/Y): as against Tk. 97.72 million and Tk. 0.50 respectively for the same period of the previous year. In the footnote, the Company has reported that EPS of July'12 to Dec'12 and Oct'12 to Dec'12 periods were changed due to shifting of deferred Tax amount of those period from Comprehensive Income Accounts to Retained Earnings Account. (end)
The first part of this announcement is missing from the archive. - The Company has informed that dividend warrants for the year ended on June 30, 2013 has been sent through Continental Co
The Company has informed that dividend warrants for the year ended on June 30, 2013 has been sent through Continental Courier Services Ltd. to the respective mailing address of the shareholders.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.