Meghna Cement Mills PLC. announcements
289 Dhaka Stock Exchange announcements for Meghna Cement Mills PLC. (MEGHNACEM) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (12).
- Query Response
In response to a DSE query dated December 27, 2016, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Credit Rating
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity (surveillance) Rating of the Company as "A3" along with a stable outlook based on audited financial statements up to June 30, 2016; bank liability position as on September 30, 2016 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Resumption after record date
Trading of the shares of the Company will resume on 29.11.2016 after record date.
- Spot for AGM
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 24.11.2016 to 27.11.2016. Trading of the shares of the Company will remain suspended on record date i.e., 28.11.2016.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.16 for July-September, 2016 as against Tk. 0.11 for July-September, 2015; NOCFPS was Tk. (0.81) for July-September, 2016 as against Tk. (1.81) for July-September, 2015. NAV per share was Tk. 35.46 as of September 30, 2016 and Tk. 35.30 as of September 30, 2015.
- Q1 Financials (Revised Information)
With reference to their earlier news regarding unaudited 1st quarterly financial statements, the Company has revised that NAV per share was Tk. 35.30 as on June 30, 2016 instead of September 30, 2015. Other information will remain unchanged.
- Dividend Declaration
The Board of Directors has recommended 15% cash dividend for 18 months period from Jan 01, 2015 to June 30, 2016. Date of AGM: 20.12.2016, Time: 11:00 AM, Venue: Raj Darshan, International Convention City Bashundhara (ICCB) Hall No.-3, Dhaka. Record Date: 28.11.2016. The Company has also reported EPS of Tk. 4.55, NAV per share of Tk. 35.30 and NOCFPS of Tk. 17.42 for the year ended on June 30, 2016.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (06.11.2016) following its corporate declaration.
- Import of machineries and equipments
The Board has decided to import machineries and equipments under L/C arrangements with Banks valued at Tk. 244.79 crore to increase its annual production capacity.
- Dividend Declaration (Additional Information)
With reference to their earlier news (disseminated by DSE today 06.11.2016), the Company has further informed that EPS was Tk. 2.84 for the 12 months period from January-December, 2015 whereas EPS was Tk. 1.71 for the 6 months period from January-June, 2016. It is to be noted that EPS was Tk. 4.55 and NOCFPS was Tk. 17.42 for 18 months period from January 01, 2015 to June 30, 2016.
- 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 November 03, 2016 at 3:00 PM to consider, among others, audited financial statements of the Company for the 18 months period from January 01, 2015 to June 30, 2016.
- Change of Financial year
The Company has informed that in pursuance to the directives of BSEC dated 27/04/2016, the Board of Directors has decided, to fix-up July-June period as the Financial Year of the Company instead of January-December period. To comply with the aforesaid directives and for the first time adoption of the change in the Financial Year, the current Financial Year (FY) of Meghna Cement Mills Ltd. has decided to be extended up to 30 June 2016 by adding an additional period of six (06) months. Hence the Financial Year of the Company will be for 18 months period from 01 January 2015 and ending on 30 June 2016. The next AGM of the Company will consider 18 months financial statements i.e. from 01 January 2015 to 30 June 2016. However, the AGM of this company will be held within the calendar Year 2016, after closing of the books of accounts and completion of the statutory audit work, as per the provisions of the Companies Act, 1994.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.