Mozaffar Hossain Spinning Mills Limited announcements
204 Dhaka Stock Exchange announcements for Mozaffar Hossain Spinning Mills Limited (MHSML) since 2014: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (16).
- Category Change
The Company will be placed in 'B' category from existing 'A' category with effect from January 01, 2017 as the Company has approved 5% cash dividend for its General Shareholders for the year ended on June 30, 2016.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers, Merchant Bankers and Portfolio Managers are requested to abstain from providing loan facilities to purchase security of Mozaffar Hossain Spinning Mills Limited in between 1st to 30th trading day after change of categorization, effective from January 01, 2017 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 06.12.2016.
- Furnishing 12 digit e-TIN Number & Information relating to Margin Loan
The Company has requested the shareholders to update their 12 digits e-TIN number, Bank Accounts, Address, Mobile Number in the BO Account through their respective DPs before the record date i.e. December 06, 2016. If anyone fails to update their e-TIN information before the record date, disbursement of respective dividend will be subject to deduction of Advance Income Tax (AIT) @ 15% instead of 10% as per amendment Income Tax Ordinance, 1984 under Section 54.The brokerage houses/DPs are requested to provide detail lists of margin accountholders who hold shares on the record date to company's registered office address at House-315, Road-04, DOHS, Baridhara, Dhaka-1206 on or before December 20, 2016. The list should include shareholder's name, BO ID, Client wise shareholding position, applicable tax rate along with brokerage house/DP's Bank Account Number, Bank 7 Branch Name, Routing Number, Contact Person etc.
- Dividend Declaration
The Board of Directors has recommended 5% cash dividend for general shareholders (excluding Sponsors/Directors) for the year ended on June 30, 2016. Sponsors/Directors hold 3,55,69,858 shares. General shareholders will get cash dividend of Tk. 2,71,18,977.00. Date of AGM: 29.12.2016, Time: 10:30 AM, Venue: DOHS Baridhara Convention Center, Baridhara DOHS Parishad, DOHS Baridhara, Dhaka Cantonment, Dhaka-1206. Record Date: 06.12.2016. The Company has also reported EPS of Tk. 1.72, NAV per share of Tk. 16.32 and NOCFPS of Tk. 2.31 for the year ended on June 30, 2016 as against Tk. 1.95, Tk. 14.60 and Tk. 2.17 respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (16.11.2016) following its corporate declaration.
- Q1 Financials
EPS for July-September, 2016 was Tk. 0.40 as against Tk. 0.85 for July-September, 2015; NOCFPS was Tk. 0.90 for July-September, 2016 as against Tk. 0.46 for July-September, 2015. NAV per share was Tk. 16.73 as of September 30, 2016 and Tk. 16.32 as of June 30, 2016.
- Preliminary consent for HPSM (Project) investment from Islami Bank Ltd.
The Company has informed that the Board of Directors has approved the preliminary consent letter/Indicative term sheet from Islami Bank Bangladesh Limited for HPSM (Project) investment in Foreign Currency USD 13.50 Million equivalent to Tk. 1,067.21 million to import capital machinery for setting up 36,000 spindles Ring Spinning unit for a period of 07 years excluding 12 months gestation period subject to approval by the Bangladesh Investment Development Authority.
- 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 15, 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.
- Reschedule of Board Meeting
The Company has further informed that as per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the meeting of the Board of Directors of the Company will now be held on November 15, 2016 instead of October 29, 2016 to consider, among others, audited financial statements of the Company for the year ended on 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 October 29, 2016 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2016.
- Credit Rating Result
Alpha Credit Rating Limited (AlphaRating) has rated the Company as "BBB-" in the long term and "AR-4" in the short term along with a stable outlook based on audited financial statements of the Company up to June 30, 2015, unaudited financial statement of nine months ended March 31, 2016 and relevant qualitative information up to September 18, 2016.
- Q3 Financials
EPS was Tk. 0.50 for January-March, 2016 as against Tk. 0.60 for January-March, 2015; EPS was Tk. 1.92 for July, 2015-March, 2016 as against Tk. 1.82 for July, 2014-March, 2015. NOCFPS was Tk. 1.65 for July, 2015-March, 2016 as against Tk. 1.49 for July, 2014-March, 2015. NAV per share was Tk. 16.56 as of March 31, 2016 and Tk. 14.64 as of June 30, 2015. (Q3 Un-audited): EPS was Tk. 0.50 for January-March, 2016 as against Tk. 0.60 for January-March, 2015; EPS was Tk. 1.92 for July, 2015-March, 2016 as against Tk. 1.82 for July, 2014-March, 2015. NOCFPS was Tk. 1.65 for July, 2015-March, 2016 as against Tk. 1.49 for July, 2014-March, 2015. NAV per share was Tk. 16.56 as of March 31, 2016 and Tk. 14.64 as of June 30, 2015.
- 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 30, 2016 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2016.
- Q2 Financials
EPS was Tk. 0.62 for October-December, 2015 as against Tk. 0.61 for October-December, 2014; EPS was Tk. 1.43 for July-December, 2015 as against Tk. 1.22 for July-December, 2014. NOCFPS was Tk. 0.92 for July-December, 2015 as against Tk. 1.40 for July-December, 2014. NAV per share was Tk. 16.07 as of December 31, 2015 and Tk. 16.84 as of June 30, 2015.
- 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 31, 2016 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2015.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.