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 2014 (20).

  1. no undisclosed information

    In response to a DSE query dated December 07, 2014, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.<br>

  2. Sponsors Buy/Sell/Transfer

    Micro Industries Development Assistance and Services (MIDAS), one of the Corporate Sponsors of the Company, has expressed its intention to sell 75,00,000 shares out of its total holding of 4,36,39,766 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

  3. Q1 Earnings (repeat)

    (Repeat): (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported consolidated net profit/(loss) after tax (excluding non-controlling interests) of Tk. (105.39) million with consolidated EPS of Tk. (1.75) as against Tk. (37.48) million and Tk. (0.62) respectively for the same period of the previous year. Consolidated accumulated profit/(loss) of the Company was Tk. (582.53) million as on 30.09.2014.

  4. Trade Resume

    Normal trading of the shares of the Company will resume on 23.11.2014 after record date.

  5. Trade suspended

    Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2014. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>

  6. Q1

    As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported consolidated net profit/(loss) after tax (excluding non-controlling interests) of Tk. (105.39) million with consolidated EPS of Tk. (1.75) as against Tk. (37.48) million and Tk. (0.62) respectively for the same period of the previous year. Consolidated accumulated profit/(loss) of the Company was Tk. (582.53) million as on 30.09.2014. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>

  7. Right Share has Credited

    The Company has informed that it has credited the Rights shares to the respective shareholders' BO Account on November 06, 2014.

  8. trade suspension

    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 09.11.2014 to 19.11.2014. Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2014.

  9. Qualified Opinion

    (Qualified Opinion): 'Zoha Zaman Kabir Rashid &amp; Co.', Auditor of the company, has given the following Qualified Opinion in the audit report of the company for the year ended on 30 June 2014: &quot;Midas Financing Limited has transferred 4.5 Floors (35,685 sft) of Midas Center to its subsidiary Midas Investment Limited at cost value of Tk. 16.56 Crore instead of market price.&quot;

  10. did not recommend any dividend

    The Board of Directors did not recommend any dividend for the year ended on June 30, 2014. The Board has also decided to amend clause # 97 of Articles of Association regarding increase of number of Board of Directors subject to approval of shareholders in the AGM as special Business. Date of AGM: 24.12.2014, Time: 10:00 AM, Venue: &quot;MIDAS CENTRE&quot;, House # 05 (12th Floor), Road # 16 (New), 27 (Old), Dhanmondi, Dhaka-1209. Record Date: 20.11.2014. The Company has also reported consolidated net profit after tax (excluding non-controlling interests) of Tk. (370.70) million, consolidated EPS of Tk. (6.16), consolidated NAV per share of Tk. 4.04 and consolidated NOCFPS of Tk. 26.27 for the year ended on June 30, 2014.

  11. Board Meeting

    As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on October 29, 2014 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2014.

  12. DSE query

    In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

  13. trade resume

    Normal trading of the shares of the Company will resume on 04.08.2014 after record date

  14. Spot Market and Block/Odd lot transactions

    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 with the entitlement of Rights shares from 14.07.2014 to 24.07.2014. Trading of the shares of the Company will remain suspended on record date i.e., 03.08.2014.

  15. subs period and record date for Rights offer

    The Company has further informed that the subscription period for rights issue will be from 01.09.2014 to 30.09.2014. Record date for entitlement of rights share: 03.08.2014.

  16. Rights offer

    Bangladesh Securities and Exchange Commission (BSEC) has approved the Rights offer of MIDAS Financing Limited for 6,01,34,338 ordinary shares of Tk. 10.00 each totaling Tk. 60,13,43,380.00 at a ratio of 1R:1, i.e. one rights share for one existing share. The approval has been accorded subject to the condition that the Company shall comply with the requirements embodied in the Securities and Exchange Commission (Rights Issue) Rules, 2006 and other relevant laws and Regulatory Requirements, and shall also adhere to the conditions imposed by BSEC under Section-2CC of the Securities and Exchange Ordinance, 1969.

  17. Rights offer purpose

    The Company has further informed that the purpose of issuance of Rights Share is to meet the capital adequacy for regulatory requirement of Bangladesh Bank.

  18. (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2014 (Jan'14 to Mar'14), the Company

    (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2014 (Jan'14 to Mar'14), the Company has reported consolidated net profit/(loss) after tax (excluding non-controlling interest) of Tk. (132.61) million with consolidated EPS of Tk. (2.21) as against Tk. (90.85) million and Tk. (1.51) respectively for the same period of the previous year. Whereas consolidated net profit/(loss) after tax (excluding non-controlling interest) was Tk. (311.59) million with consolidated EPS of Tk. (5.18) for the period of nine months (Jul'13 to Mar'14) ended on 31.03.14 as against Tk. (224.39) million and Tk. (3.73) respectively for the same period of the previous year. Consolidated accumulated profit/(loss) of the Company was Tk. (418.03) million as on 31.03.14

  19. H/Y Earnings

    As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported consolidated net profit/(loss) after tax (excluding non controlling interests) of Tk. (178.98) million with consolidated EPS of Tk. (2.98) as against Tk. (133.55) million and Tk. (2.22) respectively for the same period of the previous year. Whereas consolidated net profit/(loss) after tax (excluding non controlling interests) was Tk. (141.50) million with consolidated EPS of Tk. (2.35) for the period of 3 months (Oct'13 to Dec'13) ended on 31.12.2013 as against Tk. (62.62) million and Tk. (1.04) respectively for the same period of the previous year. Consolidated accumulated profit/(loss) of the Company was Tk. (285.42) million as on 31.12.2013.

  20. (H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported consolidate

    (H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported consolidated net profit/(loss) after tax (excluding non controlling interests) of Tk. (178.98) million with consolidated EPS of Tk. (2.98) as against Tk. (133.55) million and Tk. (2.22) respectively for the same period of the previous year. Whereas consolidated net profit/(loss) after tax (excluding non controlling interests) was Tk. (141.50) million with consolidated EPS of Tk. (2.35) for the period of 3 months (Oct'13 to Dec'13) ended on 31.12.2013 as against Tk. (62.62) million and Tk. (1.04) respectively for the same period of the previous year. Consolidated accumulated profit/(loss) of the Company was Tk. (285.42) million as on 31.12.2013.

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