DSE:MIDASFIN

MIDAS Financing PLC. announcements

330 Dhaka Stock Exchange announcements for MIDAS Financing PLC. (MIDASFIN) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2012 (33).

  1. SEC has expressed its inability to consider the prayer for Rights Issue of Midas Financing Limited as the Company has fa

    SEC has expressed its inability to consider the prayer for Rights Issue of Midas Financing Limited as the Company has failed to comply with the condition under rule 3(h) of the Securities and Exchange Commission (Rights Issue) Rules, 2006.

  2. (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2012 (July'12 to Sep'12), the Com

    (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2012 (July'12 to Sep'12), the Company has reported consolidated net profit/(loss) after tax (excluding non-controlling interest) of Tk. (70.93) million with consolidated EPS of Tk. (1.18) as against Tk. 16.54 million and Tk. 0.28 respectively for the same period of the previous year. Consolidated accumulated profit/(loss) of the Company was Tk. (186.49) million as on 30.09.2012.

  3. Non Marginable

    <span style="text-align: justify; ">The Stock Brokers and Merchant Bankers are requested not to provide loan facilities to purchase securities of Midas Financing Ltd. starting from November 07, 2012 as per SEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.</span> <p class="MsoNormal" style="text-align:justify"><o:p></o:p>

  4. Category Change

    <span style="text-align: justify; ">The Company will be placed in &quot;Z&quot; category from existing &quot;A&quot; category with effect from November 07, 2012 as the Company did not recommend any dividend for the year ended on June 30, 2012.</span>

  5. The Company will be placed in "Z" category from existing "A" category with effect from November 07, 2012 as the Company

    The Company will be placed in "Z" category from existing "A" category with effect from November 07, 2012 as the Company did not recommend any dividend for the year ended on June 30, 2012.

  6. DSE NEWS: The Stock Brokers and Merchant Bankers are requested not to provide loan facilities to purchase securities of

    DSE NEWS: The Stock Brokers and Merchant Bankers are requested not to provide loan facilities to purchase securities of Midas Financing Ltd. starting from November 07, 2012 as per SEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.

  7. The Company has sent notice of its 17th AGM to DSE from which it has been revealed that the Company will transact a Spec

    The Company has sent notice of its 17th AGM to DSE from which it has been revealed that the Company will transact a Special Business in the forthcoming 17th AGM scheduled to be held on November 06, 2012, which is as follows: "Transfer of the immovable properties of MIDAS Financing Limited exceeding 25% of total paid up capital and reserve to comply with the Section No. 17 of Financial Institutions Act-1993."

  8. The Company has further informed that due to unavoidable circumstances the Board of Directors of the Company has re-fixe

    The Company has further informed that due to unavoidable circumstances the Board of Directors of the Company has re-fixed the date of the 17th AGM of the Company on November 06, 2012 instead of November 01, 2012. Other information of the AGM will remain unchanged.

  9. Normal trading of the shares of the Company will resume on 03.09.2012 after record date.

    Normal trading of the shares of the Company will resume on 03.09.2012 after record date.

  10. Trading of the shares of the Company will remain suspended on record date i.e., 02.09.2012.

    Trading of the shares of the Company will remain suspended on record date i.e., 02.09.2012.

  11. Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be

    Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle from 28.08.2012 to 30.08.2012. Trading of the shares of the Company will remain suspended on record date i.e., 02.09.2012.

  12. The Board of Directors did not recommend any dividend for the year ended on June 30, 2012. Date of AGM: 01.11.2012, Time

    The Board of Directors did not recommend any dividend for the year ended on June 30, 2012. Date of AGM: 01.11.2012, Time: 10:00 AM, Venue: Auditorium of Trust Milonayatan, Dhaka Cantonment, Dhaka. Record Date: 02.09.2012. The Company has also reported Net profit/(loss) after tax of Tk. (119.41) million, EPS of Tk. (1.99), NAV per share of Tk. 10.05 and NOCFPS of Tk. 5.60 for the year ended on June 30, 2012.

  13. There will be no price limit on the trading of the shares of the Company today (08.08.2012) following its corporate decl

    There will be no price limit on the trading of the shares of the Company today (08.08.2012) following its corporate declaration.

  14. As per regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of Board of Directors of the Co

    As per regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of Board of Directors of the Company will be held on August 07, 2012 at 3:00 p.m. to consider, among others, audited financial statements of the Company for the year ended on June 30, 2012.

  15. Normal trading of the shares of the Company will resume on 12.07.2012 after record date for EGM only.

    Normal trading of the shares of the Company will resume on 12.07.2012 after record date for EGM only.

  16. Trading of the shares of the Company will remain suspended on record date i.e., 11.07.2012 for EGM only. Another record

    Trading of the shares of the Company will remain suspended on record date i.e., 11.07.2012 for EGM only. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from SEC.

  17. Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be

    Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle from 08.07.2012 to 10.07.2012. Trading of the shares of the Company will remain suspended on record date i.e., 11.07.2012 for EGM only. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from SEC.

  18. There will be no price limit on the trading of the shares of the Company today (28.06.2012) following its corporate decl

    There will be no price limit on the trading of the shares of the Company today (28.06.2012) following its corporate declaration.

  19. The Company has informed that to comply with the DFIM circular no-5 dated July 24, 2011 of Bangladesh Bank regarding rai

    The Company has informed that to comply with the DFIM circular no-5 dated July 24, 2011 of Bangladesh Bank regarding raising minimum capital to Tk. 100.00 crore of all NBFIs, the Board of Directors of the Company has decided to issue rights shares @ 2R:3 (i.e. 2 rights shares for every 3 shares held) of Tk. 10.00 each at par subject to approval of shareholders, SEC and other Regulatory Authorities. Date of EGM: 08.08.2012, Time: 11:00 AM, Venue: MIDAS Centre at House No.-05, Road No-16 (New), Dhanmondi, Dhaka. Record Date for EGM: 11.07.2012. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from SEC.

  20. - The Company has informed

    The Company has informed that the Registered Head Office of the Company has been shifted to &quot;MIDAS Centre&quot;, House- 05 (floor #10th &amp; 11th), Road -16(New), Dhanmondi, Dhaka-1209 with effect from June 24, 2012.

  21. The Company has informed that the Registered Head Office of the Company has been shifted to "MIDAS Centre", House- 05 (f

    The Company has informed that the Registered Head Office of the Company has been shifted to "MIDAS Centre", House- 05 (floor #10th & 11th), Road -16(New), Dhanmondi, Dhaka-1209 with effect from June 24, 2012.

  22. The Company has informed that it has purchased a commercial space measuring 3,370 sft. at Excel SM Tower (1st floor), 62

    The Company has informed that it has purchased a commercial space measuring 3,370 sft. at Excel SM Tower (1st floor), 62 Zakir Hossain Road, GEC Chittagong at a cost of Tk. 2,92,70,000.00 only including registration cost. The space will be used for Chittagong Branch Office of the Company.

  23. Normal trading of the shares of the Company will resume on 10.05.2012 after record date for EGM.

    Normal trading of the shares of the Company will resume on 10.05.2012 after record date for EGM.

  24. Trading of the shares of the Company will remain suspended on record date i.e., 09.05.2012 for EGM.

    Trading of the shares of the Company will remain suspended on record date i.e., 09.05.2012 for EGM.

  25. Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be

    Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle from 03.05.2012 to 08.05.2012. Trading of the shares of the Company will remain suspended on record date i.e., 09.05.2012 for EGM.

  26. (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2012 (Jan'12 to March'12), the Compan

    (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2012 (Jan'12 to March'12), the Company has reported net profit/(loss) after tax of Tk. (47.17) million with EPS of Tk. (0.78) as against Tk. (65.00) million and Tk. (1.08) respectively for the same period of the previous year. Whereas net profit/(loss) after tax was Tk. (81.01) million with EPS of Tk. (1.35) for the period of nine months (July'11 to March'12) ended on 31.03.2012 as against Tk. 44.37 million and Tk. 0.74 respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (77.17) million as on 31.03.12.

  27. The Company has informed that the Board of Directors of the Company has decided to hold the 8th EGM of the Company for p

    The Company has informed that the Board of Directors of the Company has decided to hold the 8th EGM of the Company for passing a special resolution for taking over the assets (Land & Building) from Micro Industries Development Assistance and Services (MIDAS) on payment of Tk. 11,38,99,799.41. Date of EGM: 09.06.2012, Time: 11:30 AM, Venue: MIDAS Centre at House No.-05, Road No-16 (New), Dhanmondi, Dhaka. Record date for EGM: 09.05.2012.

  28. In response to a DSE query, the Company has further clarified that the earlier decision of Merger of MIDAS with MIDAS Fi

    In response to a DSE query, the Company has further clarified that the earlier decision of Merger of MIDAS with MIDAS Financing Ltd. (MFL) disclosed through Price Sensitive Information dated May 26, 2011 (news disseminated by DSE on May 29, 2011) has been terminated as per the decision of the Board of Directors of MFL held on March 14, 2012 and the matter has been resolved by taking over the assets (land & building) with related liabilities of MIDAS by MFL. For which MFL would pay Tk. 11,38,99,799.41 to MIDAS accordingly.

  29. In continuation to their earlier Price Sensitive Information dated May 26, 2011 (news disseminated by DSE on May 29, 201

    In continuation to their earlier Price Sensitive Information dated May 26, 2011 (news disseminated by DSE on May 29, 2011), the Company has informed that as per decision of the joint meeting of Board of Directors of MIDAS and MIDAS Financing Ltd. (MFL), the Board of Directors of MFL has decided to resolve the earlier decision of merger by taking over the assets (land & building) with related liabilities of MIDAS. For which MFL would pay Tk. 11,38,99,799.41 to MIDAS accordingly.

  30. (H/Y): As per un-audited half yearly accounts as on 31.12.11 (July'11 to Dec'11), the Company has reported net profit/(l

    (H/Y): As per un-audited half yearly accounts as on 31.12.11 (July'11 to Dec'11), the Company has reported net profit/(loss) after tax of Tk. (32.96) million with basic EPS of Tk. (0.60) as against Tk. 109.37 million and Tk. 2.00 respectively for the same period of the previous year. However, considering bonus share @ 10% for the year 2010-11, restated basic EPS is Tk. (0.55) as on 31.12.11 (July'11 to Dec'11) and Tk. 1.82 as on 31.12.10 (July'10 to Dec'10). 'Income from Investment in Securities' of the Company was Tk. 3.10 million as on 31.12.11 (July'11 to Dec'11) which was Tk. 52.38 million as on 31.12.10 (July'10 to Dec'10). (cont.)

  31. (continuation of news of MIDASFIN-H/Y) Whereas net profit/(loss) after tax was Tk.(49.49) million with basic EPS of Tk.

    (continuation of news of MIDASFIN-H/Y) Whereas net profit/(loss) after tax was Tk.(49.49) million with basic EPS of Tk. (0.91) for the period of 3 months (Oct'11 to Dec'11) ended on 31.12.11 as against Tk. 52.38 million and Tk. 0.96 respectively for the same period of the previous year. However, considering bonus share @ 10% for the year 2010-11, restated basic EPS is Tk. (0.82) as on 31.12.11 (Oct'11 to Dec'11) and Tk. 0.87 as on 31.12.10 (Oct'10 to Dec'10). 'Income from Investment in Securities' of the Company was Tk. 0.15 million as on 31.12.11 (Oct'11 to Dec'11) which was Tk. 30.98 million as on 31.12.10 (Oct'10 to Dec'10). (end).

    The first part of this announcement is missing from the archive.
  32. The Company has informed that it has purchased a commercial space measuring 2,194.99 sft at Jamil Shopping Center (3rd f

    The Company has informed that it has purchased a commercial space measuring 2,194.99 sft at Jamil Shopping Center (3rd floor), Borogola, Bogra at a cost of Tk. 82,12,608.00 only (including registration cost). The space will be used for Bogra Branch Office of the Company.

  33. The Company has informed that it has credited the Bonus shares to the respective shareholders' BO Accounts on January 02

    The Company has informed that it has credited the Bonus shares to the respective shareholders' BO Accounts on January 02, 2012.

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