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 2018 (26).
- Sale confirmation of a Sponsor Director
Ms. Rokia Afzal Rahman, one of the Sponsors and Directors (Nominated Director from MIDAS) of the Company, has further reported that she has completed her sale of 1,00,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 18.10.2018.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.10 for July-September, 2018 as against Tk. 0.34 for July-September, 2017; Consolidated EPS was Tk. 0.24 for January-September, 2018 as against Tk. 1.23 for January-September, 2017. Consolidated NOCFPS was Tk. (0.52) for January-September, 2018 as against Tk. 0.60 for January-September, 2017. Consolidated NAV per share was Tk. 11.13 as on September 30, 2018 and Tk. 10.89 as on December 31, 2017.
- 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 October 30, 2018 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2018.
- Sale Declaration of a Sponsor Director (Nominated Director)
Ms. Rokia Afzal Rahman, one of the Sponsors and Directors (Nominated Director from MIDAS) of the Company, has expressed her intention to sell 1,00,000 shares out of her total holding of 5,11,809 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within October 31, 2018.
- Sale confirmation of a Sponsor Director
Ms. Rokia Afzal Rahman, one of the Sponsors and Directors (Nominated Director from MIDAS) of the Company, has further reported that she has completed her sale of 3,00,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 29.08.2018.
- Sale Declaration of a Sponsor Director
Ms. Rokia Afzal Rahman, one of the Sponsors and Directors (Nominated Director from MIDAS) of the Company, has expressed her intention to sell 3,00,000 shares out of her total holding of 8,11,809 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within next 30 working days.
- Query Response
In response to a DSE query dated August 19, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.
- Sale confirmation of a Sponsor Director
Ms. Rokia Afzal Rahman, one of the Sponsors and Directors (Nominated Director from MIDAS) of the Company, has further reported that she has completed her sale of 3,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale Declaration of a Sponsor Director
Ms. Rokia Afzal Rahman, one of the Sponsors and Directors (Nominated Director from MIDAS) of the Company, has expressed her intention to sell 3,00,000 shares out of her total holding of 11,11,809 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within next 30 working days.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. (0.24) for April-June, 2018 as against Tk. 0.30 for April-June, 2017; Consolidated EPS was Tk. 0.14 for January-June, 2018 as against Tk. 0.89 for January-June, 2017. Consolidated NOCFPS was Tk. 0.03 for January-June, 2018 as against Tk. 1.46 for January-June, 2017. Consolidated NAV per share was Tk. 11.03 as of June 30, 2018 and Tk. 10.89 as of December 31, 2017.
- 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 July 28, 2018 at 12:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2018.
- Emphasis of Matter
(Emphasis of Matter): The auditor of the Company has given the following 'Emphasis of Matter' Paragraph in the audit report of the Company for the year ended on 31 December 2017. Emphasis of Matter: We draw attention to the following matters though our opinion is not qualified in respect of the same: We draw attention to Note 16 & 17(a) to the financial statements for the years 2017 (cont.) (Continuation news of MIDASFIN): and 2016 which describe that the group has transferred an amount of Taka 40.00 million this year and 120.00 million last year to retained earnings from statutory reserve account, which if not been transferred, the balance in retained earnings/(loss) account would have been Taka (2.40) million instead of existing Taka 157.60 million. (end)
- Dividend Disbursement
The Company has informed that stock dividend for the year ended on December 31, 2017 has been credited to the respective shareholders' BO accounts on July 22, 2018.
- Category Change
The Company will be placed in 'A' category from existing 'Z' category with effect from July 24, 2018 as the Company has reported disbursement of 10% stock dividend for the year ended on December 31, 2017.
- Prohibition on providing loan facilities to purchase securities
DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of MIDAS Financing Ltd. in between 1st to 30th trading day after change of categorization, with effect from July 24, 2018 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- Sale confirmation of a Sponsor Director
Ms. Rokia Afzal Rahman, one of the Sponsors and Directors (Nominated Director from MIDAS) of the Company, has further reported that she has completed her sale of 2,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale Declaration of a Sponsor Director
Ms. Rokia Afzal Rahman, one of the Sponsors and Directors (Nominated Director from MIDAS) of the Company, has expressed her intention to sell 2,00,000 shares out of her total holding of 11,92,554 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within next 30 working days.
- Credit Rating Result
National Credit Ratings Limited (NCR) has announced the entity rating of the Company as "A" in the long term and "ST-2" in the short term along with a stable outlook based on audited financial statements as on December 31, 2017.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.42 for January-March 2018 as against Tk. 0.65 for January-March 2017. Consolidated NOCFPS was Tk. (1.87) for January-March 2018 as against Tk. 2.48 for January-March 2017. Consolidated NAV per share was Tk. 12.40 as on March 31, 2018 and Tk. 11.96 as on December 31, 2017.
- Resumption after record date
Trading of the shares of the Company will resume on 13.05.2018 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 10.05.2018.
- 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 14, 2018 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2018.
- 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 24.04.2018 to 09.05.2018. Trading of the shares of the Company will remain suspended on record date i.e., 10.05.2018.
- Dividend Declaration
The Board of Directors has recommended 10% stock dividend for the year ended on December 31, 2017. Date of AGM: 28.06.2018, Time: 10:30 AM, Venue: MIDAS CENTRE (12th Floor), House: 05, Road- 16 (New), 27 (Old), Dhanmondi, Dhaka 1209. Record Date: 10.05.2018. (cont.) (Continuation news of MIDASFIN): The Company has also reported Consolidated EPS of Tk. 1.81, Consolidated NAV per share of Tk. 11.98 and Consolidated NOCFPS of Tk. (1.40) for the year ended on December 31, 2017 whereas Consolidated EPS of Tk. 2.22, Consolidated NAV per share of Tk. 9.60 and Consolidated NOCFPS of Tk. 0.36 for the 18 months period from July 01, 2015 to December 31, 2016. (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (16.04.2018) following its corporate declaration.
- 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 April 15, 2018 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.