Meghna PET Industries Limited announcements

264 Dhaka Stock Exchange announcements for Meghna PET Industries Limited (MEGHNAPET) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (10).

1. 7 Dec 2015
   Resumption after Record date

   Normal trading of the shares of the Company will resume on 08.12.2015 after record date.

2. 6 Dec 2015
   Suspension for Record Date

   Trading of the shares of the Company will remain suspended on record date i.e., 07.12.2015.

3. 1 Dec 2015
   Emphasis of Matter

   Auditor of the company has given the following 'Emphasis of Matter' paragraph in the audit report of the company for the year ended on 30 June 2015: 1) We draw attention to the fact that the company has been incurring a significant amount of net loss over the years. Moreover, the company's accumulated loss stands as on 30 June 2015 at Tk. 168,349,838.00 and during the year Tk. 4,974,684.00. The above facts indicate the existence of material uncertainty that may cast a significant doubt about the companys ability to continue as a going concern in the foreseeable future unless a continuous inflow of liquidity support is evolved and operational efficiency and aggressive marketing of the product is significantly enhanced to a greater extent. 2) As per Companies Act 1994 Clause 121 no company incorporated under this Act which is under the management of a managing agent shall make loan to or guarantee any loan made the any company under management of the same management agent. But the management of the company has received unsecured loan balance whereof amounts to Tk.147,100,000 (Company : Tk. 107,100,000 and relatives : 40,000,000). 3) During the year the company received unsecured loan of Tk. 73,600,000 & paid Tk. 40,000,000. As a result, the company net received Tk. 33,600,000 as unsecured loan due to paid of secured loan namely cash credit over drafts with Dutch-Bangla Bank Limited, Dilkusha Branch, Dhaka.

4. 23 Nov 2015
   Spot News 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 from 24.11.2015 to 06.12.2015. Trading of the shares of the Company will remain suspended on record date i.e., 07.12.2015.

5. 8 Nov 2015
   Q1 Financials

   (Q1 Un-audited): EPS for July-September, 2015 was Tk. (0.092) as against Tk. (0.109) for July-September, 2014; NOCFPS was Tk. 0.0173 for July-September, 2015 as against Tk. 0.0160 for July-September, 2014. NAV per share was Tk. (2.49) as of September 30, 2015 and Tk. (2.40) as of June 30, 2015. Accumulated profit/(loss) of the Company was Tk. (169.45) million as on 30.09.2015 resulting total shareholders equity stands at Tk. (29.94) million.

6. 27 Oct 2015
   Dividend Declaration

   The Board of Directors did not recommend any dividend for the year ended on June 30, 2015. Date of AGM: 23.12.2015, Time: 12:00 Noon, Venue: Meghna Community Centre, Meghna Industrial Complex-2, Baral, Baghmara, Sadar South, Comilla. Record Date: 07.12.2015. The Company has also reported EPS of Tk. (0.41), NAV per share of Tk. (2.40) and NOCFPS of Tk. (0.28) for the year ended on June 30, 2015.

7. 27 Oct 2015
   Price Limit Open

   There will be no price limit on the trading of the shares of the Company today (27.10.2015) following its corporate declaration.

8. 21 Oct 2015
   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 26, 2015 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2015.

9. 16 Feb 2015
   Query Response

   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.

10. 25 Jan 2015
    H/Y

    Net Profit/(loss) after tax from July14 to Dec14 was Tk. (2.63) million with EPS of Tk. (0.22) as against Tk. (7.77) million and Tk. (0.65) respectively for the same period of the previous year. Whereas net profit/(loss) after tax from Oct14 to Dec14 was Tk. (1.33) million with EPS of Tk. (0.11) as against Tk. (6.23) million and Tk. (0.52) respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (166.01) million as on 31.12.2014 resulting total shareholders equity stands at Tk. (26.49) million.

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