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 2025 (20).
- Election of Chairman
The company has informed that the Board of Directors has elected Mr. Ahmed Ataul Hakeem, FCMA as the Chairman in the Board of the company.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. (1.46) for July-September 2025 as against Tk. (0.43) (restated) for July-September 2024; Consolidated EPS was Tk. (4.72) for January-September 2025 as against Tk. (3.04) (restated) for January-September 2024. Consolidated NOCFPS was Tk. 3.38 for January-September 2025 as against Tk. 0.56 (restated) for January-September 2024. Consolidated NAV per share was Tk. 0.01 as on September 30, 2025 and Tk. 3.74 (restated) as on December 31, 2024.
- 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 28, 2025 at 3:00 PM to consider, among others, Un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2025.
- Transmission of Deceased Sponsor's shares to her nominee
Referring to their earlier news disseminated by DSE on 09.03.2025, the remaining 4,434 shares held by Late Rokia Afzal Rahman will also be transmitted to the account of her nominee Mr. Imran Faiz Rahman.
- Credit Rating Result
Alpha Credit Rating PLC. has assigned Surveillance rating of the Company as "A-" in the long term and "ST-3" in the short term along with Stable outlook based on audited financial statement as on December 31, 2024 and relevant qualitative information till August 11, 2025.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. (1.84) for April-June 2025 as against Tk. (1.59) (restated) for April-June 2024; Consolidated EPS was Tk. (3.26) for January-June 2025 as against Tk. (2.61) (restated) for January-June 2024. Consolidated NOCFPS was Tk. 3.50 for January-June 2025 as against Tk. 0.64 (restated) for January-June 2024. Consolidated NAV per share was Tk. 1.48 as on June 30, 2025 and Tk. 4.17 (restated) as on December 31, 2024.
- 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 27, 2025 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2025.
- Resumption after Record Date
Trading of the shares of the company will resume on 03.06.2025.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on the record date, i.e., 02.06.2025.
- Emphasis of Matters
The auditor of the company has given the "Emphasis of Matters" paragraph in the Auditor's Report of the company for the year ended December 31, 2024. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/MIDASFIN_2024.pdf
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle from 28.05.2025 to 01.06.2025 and trading of the shares will remain suspended on record date i.e., 02.06.2025.
- Dividend Declaration
The Board of Directors has recommended No Dividend for the year ended December 31, 2024. Date of AGM: 24.06.2025, Time: 10:30 AM, Venue/Mode of AGM: Hybrid System i.e. in combination of physical presence of the shareholders at MIDAS Convention Center, MIDAS Center (12th Floor), House-05, Road-16 (New) 27 (Old), Dhanmondi, Dhaka-1209 and digital platform. Record Date: 02.06.2025. (cont.) (Cont. News of MIDASFIN): The Company has also reported Consolidated EPS of Tk. (2.24), Consolidated NAV per share of Tk. 4.73 and Consolidated NOCFPS of Tk. 2.14 for the year ended December 31, 2024 as against Tk. (4.66) (restated), Tk. 6.79 (restated), and Tk. 3.28 (restated) respectively for the year ended December 31, 2023. (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (13.05.2025) following its corporate declaration.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. (1.42) for January-March 2025 as against Tk. (1.02) (restated) for January-March 2024. Consolidated NOCFPS was Tk. 2.77 for January-March 2025 as against Tk. 1.60 (restated) for January-March 2024. Consolidated NAV per share was Tk. 3.31 as on March 31, 2025 and Tk. 4.73 (restated) as on December 31, 2024.
- Category Change
The Company has been placed in 'Z' category from existing 'B' category with effect from today i.e., May 13, 2025 as the company has failed to declare any dividend for a period of 2 (two) consecutive years according to provision 1(a) of BSEC Directive No. BSEC/CMRRCD/2009-193/77 dated May 20, 2024.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase securities of MIDAS Financing PLC. with effect from today i.e., May 13, 2025 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.
- Appointment of Managing Director
The company has informed that in accordance to the decision of the Board of Directors of the company and the subsequent approval from Bangladesh Bank, Mr. Mustafizur Rahman has been re-appointed as Managing Director of the company for the next 2 years 9 months with effect from May 02, 2025.
- 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 May 12, 2025 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2024.
- 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 12, 2025 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2025.
- Transmission of Deceased Sponsor's shares to her nominee
The Company has informed that Ms. Rokia Afzal Rahman, one of the Sponsors and former Chairman of the company passed away on 05.04.2023. Her 326,872 shares out of her total holding of 331,306 shares of the company will be transmitted to the account of her nominee Mr. Imran Faiz Rahman (son of Late Rokia Afzal Rahman) by way of nomination.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.