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 2024 (22).
- Resumption after Record Date
Trading of the shares of the company will resume on 24.11.2024.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 21.11.2024.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle from 18.11.2024 to 20.11.2024. Trading of the shares of the company will remain suspended on record date i.e., 21.11.2024.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (0.50) for July-September 2024 as against Tk. (0.73) for July-September 2023; NOCFPS was Tk. 0.26 for July-September 2024 as against Tk. 0.08 for July-September 2023. NAV per share was Tk. 6.32 as on September 30, 2024 and Tk. 7.07 as on June 30, 2024. Reasons for deviation in NOCFPS: NOCFPS increased due to decrease payment against cost and others expenses in comparison to the previous period of previous year.
- Qualified Opinion
The auditor of the company has given the "Qualified Opinion" paragraphs in the Auditor's Report of the company for the year ended June 30, 2024. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/November/METROSPIN_2024.pdf
- 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 13, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- The Board of Directors has recommended No Dividend for the year ended June 30, 2024. Date of AGM: 23.12.2024, Time: 11:0
The Board of Directors has recommended No Dividend for the year ended June 30, 2024. Date of AGM: 23.12.2024, Time: 11:00 AM, Venue: Hybrid System. For physical presence Venue: Maksons Group Conference Hall (Situated at Factory premises of Maksons Spinning Mills PLC.) Holding # 87, Ward # 5, Block # B, Shahid Minnat Ali Road # 4, Gouripur, Ashulia, Savar, Dhaka and for virtually join Link https://metrospinning.bdvirtualagm.com. (cont.)
- Dividend Declaration
(Continuation news of METROSPIN): Record Date: 21.11.2024. The Company has also reported EPS of Tk. (7.48), NAV per share of Tk. 7.07 and NOCFPS of Tk. 0.86 for the year ended June 30, 2024 as against Tk. (3.12), Tk. 16.87 and Tk. 1.86 respectively for the year ended June 30, 2023. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.10.2024) following its corporate declaration.
- Category Change
The Company has been placed in 'Z' category from existing 'B' category with effect from today i.e., October 29, 2024 as the company has failed to declare any dividend for a period of 2 (two) consecutive years according to provision 1(a) of BSEC Directive No. BSEC/CMRRCD/2009-193/77 dated May 20, 2024.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase securities of Metro Spinning Ltd. with effect from today i.e., October 29, 2024 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.
- 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 28, 2024 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Production to remain closed for further period of 12 months
Refer to their earlier news disseminated by DSE on 21.09.2023, the company has further informed that the production of the company will remain closed further for the period of 12 months (approx.) for the reconstruction of Factory Building, Erection and Installation of Machinery and Commissioning and Trail Production.
- Production to remain closed for further 12 months (Additional Info.)
To view the details of the news disseminated today i.e. 25.09.2024 regarding production to remain closed for further period of 12 months, please visit: https://www.dsebd.org/Annexure/2024/DSE-PSI-BMRE_2024.pdf
- (Q3 Un-audited): EPS was Tk. (1.10) for January-March 2024 as against Tk. (1.91) for January-March 2023; EPS was Tk. (2.
(Q3 Un-audited): EPS was Tk. (1.10) for January-March 2024 as against Tk. (1.91) for January-March 2023; EPS was Tk. (2.28) for July 2023-March 2024 as against Tk. (0.93) for July 2022-March 2023. NOCFPS was Tk. 1.94 for July 2023-March 2024 as against Tk. 1.90 for July 2022-March 2023. NAV per share was Tk. 12.51 as on March 31, 2024 and Tk. 16.87 as on June 30, 2023. (cont.1)
- (Continuation news of METROSPIN): Surrender of an industrial land: In line with the price sensitive information publishe
(Continuation news of METROSPIN): Surrender of an industrial land: In line with the price sensitive information published on 12.11.2020 regarding acquire an Industrial Plot of 10 acre at Mirsari/Feni Economic Zones of Bangabandhu Sheikh Mujib Shilpa Nagar. In this respect the company has informed that the company is now going to surrender an Industrial Plot of 10 acre at Mirsari/Feni Economic Zones of (cont.2)
The first part of this announcement is missing from the archive. - Q3 Financials and surrender of an industrial land
(Continuation news of METROSPIN): Bangabandhu Sheikh Mujib Shilpa Nagar to Bangladesh Economic Zones Authority (BEZA). As the preference of the management is to implement the BMRE of the existing project. The company may acquire industrial plot at BEZA in future/later after implementation of the BMRE subject to availability of fund. (end)
The first part of this announcement is missing from the archive. - 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 29, 2024 at 03:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- (Q2 Un-audited): EPS was Tk. (0.46) for October-December 2023 as against Tk. 0.47 for October-December 2022; EPS was Tk.
(Q2 Un-audited): EPS was Tk. (0.46) for October-December 2023 as against Tk. 0.47 for October-December 2022; EPS was Tk. (1.18) for July-December 2023 as against Tk. 0.98 for July-December 2022. NOCFPS was Tk. 1.46 for July-December 2023 as against Tk. 1.31 for July-December 2022. NAV per share was Tk. 15.68 as on December 31, 2023 and Tk. 16.87 as on June 30, 2023. Reasons for Deviation in EPS and NOCFPS: EPS has been decreased mainly due to decreased in sales Volume (cont.)
- Sale of Land
The company has informed that in line with the PSI published on 11.10.2021, 08.08.2023 and 21.09.2023 regarding the BMRE of the company, the Board of Directors has decided to sale land measuring area 8.60 decimals at Uttara, Dhaka-1230 and to sale land measuring area 59.00 deciamls at Ashulia, Savar, Dhaka-1230. The proceeds from the sale of land shall be utilized for the repayment of Bank Loan. The company also informed that the sale proceed will accelerate the implementation of BMRE of Project.
- Q2 Financials
(Continuation news of METROSPIN): in terms of quantity and unit price, compare to the previous period of previous year. The company is under process of implement of BMRE of the project. The New factory building is to be constructed on the premises of the existing factory building. For this reason the production of the company is remain closed. NOCFPS increased due to decrease payment for cost and other expenses in comparison to the previous period of previous year. (end)
The first part of this announcement is missing from the archive. - 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 January 29, 2024 at 4:15 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.