Toyo Knitex (CEPZ) Limited announcements
301 Dhaka Stock Exchange announcements for Toyo Knitex (CEPZ) Limited (MITHUNKNIT) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (17).
- Confirmation of sale
Mrs. Mahfuza Haque, one of the Sponsors of the Company, has further reported that she has completed her sale of 90,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 15.12.2016.
- Transmission Completion of Deceased Sponsor's shares to her successor
The Company has further informed that 92,424 shares of late Mrs. Moshreba Haque alias Mrs. Moshreba Hossain, one of the Sponsors of the company, have been transmitted to her successor Mr. Md. Moize Awasaf Abir (Son of the late Sponsor, for himself and appointed attorney of the other successors).
- intention to Buy/Sale
Mrs. Mahfuza Haque, one of the Sponsors of the Company, has expressed her intention to sell 90,000 shares out of her total holding of 1,42,424 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within next 30 working days.
- Q1 Financials
Consolidated EPS was Tk. 0.65 for July-September, 2016 as against Tk. 0.82 for July-September, 2015; Consolidated NOCFPS was Tk. 0.32 for July-September, 2016 as against Tk. 0.33 for July-September, 2015. Consolidated NAV per share was Tk. 29.24 as of September 30, 2016 and Tk. 28.59 as of June 30, 2016.
- Transmission of Deceased Sponsor's shares to her successor(s)
The Company has informed that Mrs. Moshreba Haque alias Mrs. Moshreba Hossain, one of the Sponsors of the company, passed away on March 29, 2010. Her total holding is 1,42,424 shares out of which 50,000 shares are kept lien in BASIC Bank Limited. The remaining 92,424 shares will be transmitted to her successor Mr. Md. Moize Awasaf Abir [for himself and appointed attorney of (i) Md. Shakhawat Hossain, (ii) Hazi Md. Mozammel Haque & (iii) Hazi Mosammat Rabeya Khatun, appointed by 1st Court of Joint District Judge, Chuadanga, arising out of Succession Case No.26/2016].
- Dividend Declaration
The Board of Directors has recommended 20% stock dividend for the year ended on June 30, 2016. Date of AGM: 29.12.2016, Time: 12:45 PM, Venue: Factory Premises of Bangas Limited at Doulatdiar, Chuadanga. Record Date: 15.12.2016. The Company has also reported EPS of Tk. 2.58, NAV per share of Tk. 28.59 and NOCFPS of Tk. (1.21) for the year ended on June 30, 2016 as against Tk. 1.66, Tk. 18.44 and Tk. 0.13 respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (27.11.2016) following its corporate declaration.
- Revaluation of Fixed Assets
The Company has revaluated the Fixed assets of the Company along with its 2 subsidiary companies, Toyo Composites Knit Garments Ltd. and Pure Cotton Knitwears Ltd. for the first time since Company's incorporation with consolidated fixed assets at Tk. 29,23,72,818.00, the corresponding historical cost of which was Tk. 8,50,95,411.00 as on June 30, 2016 with the revaluation surplus of Tk. 20,72,77,407.00 was created to incorporate in the financial statements as on June 30, 2016 which will strengthen the net worth of the Company and its NAV per share by an addition of Tk. 7.66 per share taking into consideration of 2,70,75,969.00 ordinary shares outstanding as on to-date. The revaluation report was approved by the Board of Director on 24.11.16. The purpose of the valuation is to ascertain the value of the Fixed Assets so as to incorporate such fair value in the Financial Statements of the company for the period ended on 30.06.16.
- Board Meeting
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 30, 2016 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2016.
- Board Meeting
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 November 24, 2016 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2016.
- Resignation of all existing Directors & appointment of Chairman & MD
The Company has informed that the Board of Directors has resolved that as a part of its restructuring resignation of all its five Directors were accepted from the directorships of the Company. Consequential to resignation of all the five existing Directors, Mr. AKM Sahabub Alam and Mr. Showkat Mehmood were appointed respectively as the Chairman and Managing Director of the Company from the new five appointed Directors of the Company.
- Q3 Financials
EPS was Tk. 1.55 for January-March, 2016 as against Tk. 0.87 for January-March, 2015. EPS was Tk. 3.57 for July, 2015-March, 2016 as against Tk. 2.33 for July, 2014-March, 2015. NOCFPS was Tk. 1.80 for July, 2015-March, 2016 as against Tk. 0.73 for July, 2014-March, 2015. NAV per share was Tk. 22.00 as of March 31, 2016 and Tk. 18.44 as of June 30, 2015.
- Board Meeting
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, 2016 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2016.
- Q2 Financials
EPS was Tk. 1.20 for October-December, 2015 as against Tk. 0.74 for October-December, 2014; EPS was Tk. 2.02 for July-December, 2015 as against Tk. 1.46 for July-December, 2014. NOCFPS was Tk. (1.21) for July-December, 2015 as against Tk. 0.21 for July-December, 2014. NAV per share was Tk. 20.45 as of December 31, 2015 and Tk. 18.44 as of June 30, 2015.
- Board Meeting
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 January 30, 2016 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2015.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on June 30, 2015 to the respective shareholders' BO Account.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.