DSE:MALEKSPIN

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 2017 (20).

  1. Buy confirmation of a Director

    Dr. Shamim Matin Chowdhury, one of the Directors of the Company, has further reported that he has completed his buy of 10,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.

  2. Buy declaration of a Director

    Dr. Shamim Matin Chowdhury, one of the Directors of the Company, has expressed his intention to buy 10,00,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchanges (DSE & CSE) within next 30 working days.

  3. Resumption after record date

    Trading of the shares of the Company will resume on 15.11.2017 after record date.

  4. Suspension for Record Date

    Trading of the shares of the Company will remain suspended on record date i.e., 14.11.2017.

  5. Q1 Financials

    (Q1 Un-audited): Consolidated EPS was Tk. 0.11 for July-September, 2017 as against Tk. 0.20 for July-September, 2016; Consolidated NOCFPS was Tk. 1.20 for July-September 2017 as against Tk. 2.06 for July-September, 2016. Consolidated NAV per share was Tk. 45.30 as on September 30, 2017 and Tk. 45.20 as on June 30, 2017.

  6. Spot News

    Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 12.11.2017 to 13.11.2017. Trading of the shares of the Company will remain suspended on record date i.e., 14.11.2017.

  7. 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 12, 2017 at 3:45 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.

  8. Dividend Declaration

    The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2017. Date of AGM: 27.12.2017, Time: 10:30 AM, Venue: Spectra Convention Centre Limited, House: 19, Road: 07, Gulsan: 1, Dhaka: 1212. Record Date: 14.11.2017. The Company has also reported Consolidated EPS of Tk. 1.05, Consolidated NAV per share of Tk. 45.20 and Consolidated NOCFPS of Tk. 4.02 for the year ended on 30.06.2017 as against Tk. 1.52, Tk. 45.15 and Tk. 1.68 respectively for the year ended on 30.06. 2016.

  9. Price Limit Open

    There will be no price limit on the trading of the shares of the Company on 23.10.2017 following its corporate declaration.

  10. 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 22, 2017 at 2:45 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.

  11. Approval of BMRE plan of a subsidiary Company

    The Company has informed that the Board of Directors of J.M. Fabrics Limited, a subsidiary Company of Malek Spinning Mills Limited had approved a BMRE plan to set up a new product line with an incremental capacity of 13,000,000 Pcs. per annum at an estimated cost of Tk. 92.62 crore, increasing production capacity from 43,680,000 Pcs. to 56,680,000 Pcs. per annum. As a result, there will be further value addition which will enable the Company to sell its products at higher margins. (cont.) (Continuation news of MALEKSPIN): The estimated investment of Tk. 92.62 crore would be available from internal generation of funds and loan from Banks. The Company, Malek Spinning Mills Limited, will not be required to provide any funds in the BMRE of J.M. Fabrics Limited. The Board of Directors of Malek Spinning Mills Limited had confirmed the decision of the Board of Directors of J.M. Fabrics Limited. (end)

  12. Q3 Financials

    (Q3 Un-audited): Consolidated EPS was Tk. 0.27 for January-March, 2017 as against Tk. 0.49 for January-March, 2016; Consolidated EPS was Tk. 0.81 for July, 2016-March, 2017 as against Tk. 1.22 for July, 2015-March, 2016. Consolidated NOCFPS was Tk. 5.48 for July, 2016-March, 2017 as against Tk. 3.05 for July, 2015-March, 2016. Consolidated NAV per share was Tk. 44.95 as of March 31, 2017 and Tk. 45.15 as of June 30, 2016.

  13. 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 16, 2017 at 2:45 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.

  14. Buy confirmation of a Sponsor Director

    A. Matin Chowdhury, one of the Sponsors & Directors of the Company, has further reported that he has completed his buy of 17,00,000 shares of the Company at prevailing market price through Stock Exchange, as announced earlier.

  15. Buy Declaration of a Sponsor Director

    A. Matin Chowdhury, one of the Sponsors & Directors of the Company, has expressed his intention to buy 17,00,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange within next 30 working days.

  16. Credit Rating Result

    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, 2016, un-audited financials up to December 31, 2016 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

  17. Q2 Financials

    (Q2 Un-audited): Consolidated EPS was Tk. 0.33 for October-December, 2016 as against Tk. 0.42 for October-December, 2015; Consolidated EPS was Tk. 0.54 for July-December, 2016 as against Tk. 0.74 for July-December, 2015. Consolidated NOCFPS was Tk. 1.90 for July-December, 2016 as against Tk. 1.91 for July-December, 2015. Consolidated NAV per share was Tk. 45.69 as of December 31, 2016 and Tk. 45.15 as of June 30, 2016.

  18. Address Change of Corporate Head Office and Share Office

    The Company has informed that the Corporate Head Office and Share office/Investors Relation Department of the Company has been shifted to new address at Malek Spinning Mills Ltd., Tower-117, 117/A, Tejgaon Industrial Area, Dhaka-1208 with effect from January 21, 2017. The Registered Office and e-mail address of the Company will remain unchanged.

  19. Dividend Disbursement

    The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2016 to the respective shareholders' bank account through BEFTN on January 18, 2017. Cash dividend warrants have been dispatched through courier service to the shareholders who do not have compatible BEFTN /online account.

  20. Query Response

    In response to a DSE query dated January 11, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

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