Metro Spinning Limited announcements
309 Dhaka Stock Exchange announcements for Metro Spinning Limited (METROSPIN) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (19).
- Resumption after record date
Trading of the shares of the Company will resume on 21.11.2016 after record date.
- Suspension for record date
Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2016.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (0.09) for July-September, 2016 as against Tk. 0.06 for July-September, 2015; NOCFPS was Tk. (1.021) for July-September, 2016 as against Tk. 0.008 for July-September, 2015. NAV per share was Tk. 15.96 as of September 30, 2016 and Tk. 16.12 as of June 30, 2016.
- Board Meeting
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 14, 2016 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2016.
- 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 from 07.11.2016 to 17.11.2016. Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2016.
- Dividend Declaration
The Board of Directors has recommended No dividend for the year ended on June 30, 2016. Date of AGM: 18.12.2016, Time: 9:30 AM, Venue: Maksons Group Conference Hall (Situated at Factory premises of Maksons Spinning Mills Ltd.). Record Date: 20.11.2016. The Company has also reported EPS of Tk. 0.18, NAV per share of Tk. 16.12 and NOCFPS of Tk. (0.83) 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 (31.10.2016) following its corporate declaration.
- 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 30, 2016 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2016.
- Dividend Disbursement
The Company has informed that the dividend warrant for the year June 30, 2015 has been distributed through courier service to the respective shareholders' mailing adsress.
- Information for Brokerage houses relating to Margin Loan
The Company has requested the concerned Brokerage Houses/DPs to provide the statement with details of their margin loan holders entitled to final Dividend of 2015 on or before June 15, 2016. The statement should include shareholder's name, BO ID number, client-wise shareholding position, gross dividend receivable, applicable tax rate, net dividend receivable, bank account number, routing number, contact person etc.
- Q3 Financials
EPS was Tk. (0.007) for January-March, 2016 as against Tk. 0.04 for January-March, 2015; EPS was Tk. 0.10 for July, 2015-March, 2016 as against Tk. 0.26 for July, 2014-March, 2015. NOCFPS was Tk. (0.0016) for July, 2015-March, 2016 as against Tk. 0.272 for July, 2014-March, 2015. NAV per share was Tk. 16.42 as of March 31, 2016 and Tk. 16.83 as of June 30, 2015.
- Date of the 20th AGM
The Company has further informed that the 20th AGM of the Company will be held on May 30, 2016 at 9:30 AM at Maksons Group Conference Hall at Maksons Spinning Mills Ltd. Holding # 87, Ward # 5, Block # B, Shahid Minnat Ali Road # 4, Gouripur, Ashulia, Savar, Dhaka. All other agenda of the AGM will remain unchanged.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating (Surveillance) of the Company as "BBB3" along with a stable outlook based on audited financial statements as of June 30, 2015, unaudited financial statement up tp December 31, 2015, 29 February 2016 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- 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 27, 2016 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2016.
- Approval for holding AGM as per Court Order
With reference to their earlier news (disseminated by DSE 26.01.2016) regarding Postponement of the 20th AGM, the Company has further informed that the application to Honorable High Court under section 81 (2) of the Companies Act, 1994 for holding 20th AGM of the Company after expiry of stipulated time period, has been accepted by the court. After formal hearing the Honorable court has permitted the Company to hold the said AGM by 31.05.2016. The specific date and time of AGM will be notified later.
- Q2 Financials
EPS was Tk. 0.05 for October-December, 2015 as against Tk. 0.03 for October-December, 2014; EPS was Tk. 0.11 for July-December, 2015 as against Tk. 0.22 for July-December, 2014. NOCFPS was Tk. (0.37) for July-December, 2015 as against Tk. 1.11 for July-December, 2014. NAV per share was Tk. 16.64 as of December 31, 2015 and Tk. 16.83 as of June 30, 2015.
- Postponement of the 20th AGM
The Company has further informed that following the application to Honorable High Court under section 81 (2) of the Companies Act, 1994 for holding 20th AGM of Metro Spinning Limited on 4th February 2016, The Honorable Company Judge Mr. Justice Syed Refaat Ahmed has admitted the said application on January 17, 2016 and fixed the date for hearing on March 06, 2016. Therefore the 20th AGM of Metro Spinning Limited has to postpone. The revised date and time of the 20th AGM will be notified after obtaining permission from the Honorable High Court.
- Board Meeting
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 January 28, 2016 at 8:30 AM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2015.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers and Merchant Bankers are requested not to provide loan facilities to purchase securities of Metro Spinning Limited starting from January 03, 2016 as per BSEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.