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 2021 (18).
- Resumption after record date
Trading of the shares of the Company will resume on 24.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 23.11.2021.
- Spot News
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 21.11.2021 to 22.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 23.11.2021.
- The auditor of the Mozaffar Hossain Spinning Mills Ltd. has given the \"Emphasis of matter\" paragraphs in the Auditor\'
The auditor of the Mozaffar Hossain Spinning Mills Ltd. has given the \"Emphasis of matter\" paragraphs in the Auditor\'s Report for the year ended on 30 June, 2021. Emphasis of Matter: Without qualifying our opinion, we draw attention to the fact disclosed in note no. 9.00. Note 9.00 Inventories: Balance of Inventories as at 30 June 2021 and as at 30 June 2020 was BDT 1,182,102,564 and BDT 785,173,583 respectively. (cont.1)
- (Continuation news of MHSML): The above Inventories are as per physical counting made and valued by a Inventory team com
(Continuation news of MHSML): The above Inventories are as per physical counting made and valued by a Inventory team comprised of management nominated staff to carry out the Inventory verification except as stated below. Inventories in hand have been valued at lower of cost and net realizable value as per IAS-2. Inventories were hypothecated against working capital facilities availed from the bank (Islami Bank BD Ltd.). Due to fire in the factory on 31.10.2020, 12.02.2021 and 26.02.2021, (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of MHSML): factory premises, machineries and inventory was damaged and an estimation of the damaged m
(Continuation news of MHSML): factory premises, machineries and inventory was damaged and an estimation of the damaged material completed by management, Fire service & Civil defense authority, and independent surveyor appointed by Insurance Company which is not yet finalized. As all the material, building and machineries were covered by fire insurance a claim has been lodged on the basis of primary assessment by the company amount of which is Tk. 22 crore. (cont.3)
The first part of this announcement is missing from the archive. - Emphasis of Matter
(Continuation news of MHSML): However, after completing the assessment the management will make the accounting effect in the books of record and no effect has been given during this period as the amount is not confirmed. As Management always complied with all the rules & regulations related to the fire policy & safety plan so hopefully will get the total claim against damaged Goods after finalization of the assessment of loss due to fire in factory premises. (end)
The first part of this announcement is missing from the archive. - Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.24 for July-September, 2021 as against Tk. (0.42) for July-September, 2020; NOCFPS was Tk. 1.09 for July-September, 2021 as against Tk. (2.25) for July-September, 2020. NAV per share was Tk. 18.40 as on September 30, 2021 and Tk. 18.16 as on June 30, 2021.
- 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 14, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (31.10.2021) for following its corporate declaration.
- Dividend Declaration
(Continuation news of MHSML): Date of AGM: 23.12.2021, Time: 11:30 AM, Venue: Digital Platform. Record Date: 23.11.2021. The Company has also reported EPS of Tk. 0.52, NAV per share of Tk. 18.16 and NOCFPS of Tk. (10.39) for the year ended on June 30, 2021 as against Tk. (1.19), Tk. 14.01 and Tk. (7.43) respectively for the same period of the previous year. (end)
The first part of this announcement is missing from the archive. - 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, 2021 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- Query Response
In response to a DSE query dated August 31, 2021, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.
- Q3 Financials (Additional Information)
(Q3 Un-audited): The Company has further informed that EPS for January-March 2021 increased due to the BMRE Ring Unit has been started its Commercial Production since January 2021. The effect of adding production line reflect at all financial indicator of the Company. They also informed that 100% capacity utilization of the Rotor unit also started from April 2021.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.49 for January-March 2021 as against Tk. (0.26) for January-March 2020; EPS was Tk. 0.12 for July 2020-March 2021 as against Tk. (0.88) for July 2019-March 2020. NOCFPS was Tk. (5.00) for July 2020-March 2021 as against Tk. (3.21) for July 2019-March 2020. NAV per share was Tk. 14.08 as on March 31, 2021 and Tk. 14.01 as on June 30, 2020.
- 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 May 17, 2021 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, 2021.
- Decision to run 50% shut down of existing rotor unit
The Company has informed that the Board of Directors of the Company has decided to run the 50% shut down of existing rotor unit into production from April 06, 2021 due to expansion of 36000 spindles ring spining unit. The installed total capacity of the rotor unit is 16,000 Kg/Day.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for General Public Shareholders other than Sponsors & Directors for the year ended on June 30, 2020 to the respective shareholders' Bank Accounts through BEFTN system.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.