MJL Bangladesh PLC announcements
254 Dhaka Stock Exchange announcements for MJL Bangladesh PLC (MJLBD) since 2011: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2018 (19).
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 1.42 for July-September, 2018 as against Tk. 1.70 for July-September, 2017; Consolidated NOCFPS was Tk. 2.27 for July-September, 2018 as against Tk. 2.92 for July-September, 2017. Consolidated NAV per share was Tk. 38.99 as on September 30, 2018 and Tk. 37.49 as on June 30, 2018.
- Reschedule of Board Meeting under LR 16(1)
The Company has further informed that the meeting as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on November 14, 2018 at 6:00 PM instead of November 12, 2018 to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2018.
- Basis for Qualified Opinion
(Basis for Qualified Opinion): The auditor of the company has given the following "Basis for Qualified Opinion" in the audit report of the company for the year ended on 30 June 2018: Basis of Qualified Opinion: The Bangladesh Labour (Amendment) Act 2013 requires a company when fulfills certain conditions to set up Workers Profit Participation Fund (WPPF) and to disburse an amount equivalent to 5% of net profit before tax to that fund in each year. (cont.) (Continuation news of MJLBD): As disclosed in note # 2.15 (iii) to the financial statements, none of MJL Bangladesh Limited and its subsidiaries has made any provision for the said fund. Had the provision for WPPF been made in these financial statements the net profit after tax of the Group as well as of the company would have been decreased by Tk. 157,775,905 and Tk. 116,464,872 respectively. (end)
- 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 November 12, 2018 at 6:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2018.
- Resumption after Record Date
Trading of the shares of the Company will resume on 05.11.2018 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 04.11.2018.
- 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 31.10.2018 to 01.11.2018. Trading of the shares of the Company will remain suspended on record date i.e., 04.11.2018.
- Dividend Declaration
The Board of Directors has recommended 45% cash and 5% stock dividend for the year ended on June 30, 2018. Date of AGM: 22.11.2018, Time: 11:00 AM, Venue: Krishibid Institution Complex Bangladesh (KIB), Krishi Khamar Sarak, (Khamarbari) Farmgate, Dhaka-1215. Record Date: 04.11.2018. (cont.) (Continuation news of MJLBD): The Company has also reported Consolidated EPS of Tk. 7.00, Consolidated NAV per share of Tk. 37.49 and Consolidated NOCFPS of Tk. 11.47 for the year ended on June 30, 2018 as against Tk. 6.91, Tk. 34.93 and Tk. 15.68 respectively for the same period of the previous year. (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (15.10.2018) 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 October 14, 2018 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Land Purchase
The Company has informed that the Board of Directors has approved the purchase of a piece of land measuring 1.47 acres by the company located at South Patenga, Chattogram (adjacent to the North side of the existing Kathgor warehouse) at a total consideration value of Tk. 17.00 crore (Seventeen Crore) only for its future expansion.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 2.13 for January-March 2018 as against Tk. 1.96 for January-March 2017; Consolidated EPS was Tk. 5.12 for July 2017-March 2018 as against Tk. 5.11 for July 2016-March 2017. Consolidated NOCFPS was Tk. 9.49 for July 2017-March 2018 as against Tk. 9.06 for July 2016-March 2017. Consolidated NAV per share was Tk. 35.63 as on March 31, 2018 and Tk. 34.93 as on June 30, 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 April 26, 2018 at 6:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.
- Decision to invest additional amount in Omera Petroleum Limited
The Board of Directors has decided to invest additional amount of Tk. 785,156,250.00 only in Omera Petroleum Limited against issuance of right shares at Tk. 25.00 per share each including premium of Tk. 15.00 per share, as a majority shareholder, holding 62.50% of shares of OPL.
- Approval for Land Purchase
The Company has informed that the Board of Directors of the Company has approved to purchase a piece of land measuring 53 bigha by the Company located at Murapara, Rupganj, Narayangonj at a total consideration value of Tk. 97.00 crore only for its future expansion.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 1.30 for October-December, 2017 as against Tk. 1.49 for October-December, 2016; Consolidated EPS was Tk. 2.99 for July-December, 2017 as against Tk. 3.15 for July-December, 2016. Consolidated NOCFPS was Tk. 5.45 for July-December, 2017 as against Tk. 7.06 for July-December, 2016. Consolidated NAV per share was Tk. 33.43 as on December 31, 2017 and Tk. 34.93 as on June 30, 2017.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash dividend for the year ended on June 30, 2017 to the respective shareholders' Bank Accounts through BEFTN System.
- 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 January 30, 2018 at 8:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.
- Basis for Qualified Opinion
The auditor of the company has given the following "Basis for Qualified Opinion" in the audit report of the company for the year ended on 30 June 2017: Basis of Qualified Opinion: The Bangladesh Labor (Amendment) Act 2013 requires a company when fulfills certain conditions to set up Workers Profit Participation Fund (WPPF) and to disburse an amount equivalent to 5% of net profit before tax to that fund in each year. As disclosed in note # 2.15 (iii) to the financial statements, none of (cont.) (continuation news of MJLBD): MJL Bangladesh Limited and its subsidiaries has made any provision for the said fund. Had the provision for WPPF been made in these financial statements the net profit after tax of the Group as well as of the company would have been decreased by Tk. 144,491,902 and Tk. 132,442,551 respectively. (end)
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.