Monno Ceramic Industries Limited announcements
349 Dhaka Stock Exchange announcements for Monno Ceramic Industries Limited (MONNOCERA) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2018 (29).
- Emphasis of Matters
(Emphasis of Matters): The auditor of the company has given the following "Emphasis of Matters" paragraph in the audit report of the company prepared for the year ended on 30 June 2018. Emphasis of Matters: In forming our opinion on the financial statements, which is not modified, we considered the matter and the fact that as per the statement of financial position in note # 17.00 (cont.) (Continuation news of MONNOCERA): the company reported unclaimed dividend of Tk. 29,154,265. Where as the designated bank accounts for the dividend show a balance of Tk. 1,406,015. The company declared cash dividend @ 5% in 2017 which is Tk. 11,964,010 out of this amount Tk. 3,707,073 was deposited. This is non-compliance of the Section 28(1) of Dhaka Stock Exchange (Listing) Regulations 2015. (end)
- Decision to sell shares in Block Market instead of Public Market
Referring to the earlier declaration by Monno Welfare Foundation, corporate director of the Company, to sell 3,00,000 shares of Monno Ceramic Industries Ltd., (News disseminated on 27.11.2018); the Company has further informed that the Director mistakenly declared the shares to be sold in the Public market. Now the Director is willing to sell those shares in the Block Market.
- Sale Confirmation of a Corporate Director
Monno Welfare Foundation, one of the Corporates Directors of the Company, has further reported that it has completed its sale of 2,50,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 13.11.2018.
- Sale Declaration of a Corporate Director
Monno Welfare Foundation, one of the Corporate Directors of the Company, has expressed its intention to sell 3,00,000 shares out of its total holding of 1,13,76,532 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within next 30 working days.
- Resumption after Record Date
Trading of the shares of the Company will resume on 18.11.2018 after record date and will continue trading in the Compulsory SPOT Market. Trading of the shares of the Company will resume on 18.11.2018 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 15.11.2018.
- Sale Declaration of a Corporate Director
Monno Welfare Foundation, one of the Corporates Directors of the Company, has expressed its intention to sell 2,50,000 shares out of its total holding of 1,16,26,532 shares of the Company at prevailing market price (in the Block Market) through Stock Exchange (DSE) within next 30 working days.
- 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 13.11.2018 to 14.11.2018. Trading of the shares of the Company will remain suspended on record date i.e., 15.11.2018.
- Dividend Declaration (Additional information)
(Additional information): Referring to their earlier news regarding dividend declaration, disseminated on 25.10.2018, the Company has further informed that due to over holing of factory machineries and adding the new product line and sales of lot of wastage, income has increased. Therefore, EPS increased for the year ended on June 30, 2018.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 3.46 for July-September, 2018 as against Tk. 0.20 for July-September, 2017; NOCFPS was Tk. (0.05) for July-September, 2018 as against Tk. 0.73 for July-September, 2017. NAV per share was Tk. 94.93 as on September 30, 2018 and Tk. 91.46 as on June 30, 2018.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company on 28.10.2018 following its corporate declaration.
- Dividend Declaration
The Board of Directors has recommended 30% stock dividend for the year ended on June 30, 2018. Date of AGM: 06.12.2018, Time: 11:30 AM, Venue: Islampur, Dhamrai, Dhaka-1350. Record Date: 15.11.2018. The Company has also reported EPS of Tk. 2.11, NAV per share of Tk. 91.46 and NOCFPS of Tk. 8.00 for the year ended on June 30, 2018 as against Tk. 0.11, Tk. 94.32 and Tk. 7.82 respectively for the same period of the previous year.
- 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, 2018 at 2:31 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2018.
- 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 25, 2018 at 3:31 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Query Response
In response to a DSE query dated October 02, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.
- Placing the shares in compulsory Spot Market as per BSEC Order
BSEC vide its Order No. BSEC/Surveillance/2018-912/32 dated August 16, 2018 has directed the Dhaka Stock Exchange Limited to place the shares of Monno Ceramic Industries Ltd. in compulsory Spot Market for trading with relevant clearing and settlement regulations applicable for the trades in the Spot market as BSEC has observed unusual transactions and movement of price in this share. This Order shall be effective from the trading day of 19th August, 2018.
- Decision to import to modernize the factory
The Company has informed that they are importing 100% Brand New Biscuit Firing Roller Kiln from Modena Technology Limited & 100 Brand New Glost Firing Tunnel Kiln from Riedhammer GmBH Germany, through L/C for modernization of the factory which will arrive shortly. (cont.) (Continuation news of MONNOCERA): After installation of this new production line completely, production capacity of the Company will be doubled (i.e. 100% increase from existing capacity). This will allow the company to increase turnover significantly and meet huge demand for both exports and in domestic markets. (end)
- Query Response
In response to a DSE query dated June 21, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.
- Query Response
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.
- Address Change of Share Department
The Company has informed that the Share Department of the Company has been shifted to its new address at 9, Wyre Street, Wari, Dhaka - 1203.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.30 for January-March 2018 as against Tk. 0.02 for January-March 2017; EPS was Tk. 2.00 for July 2017-March 2018 as against Tk. 0.12 for July 2016-March 2017. NOCFPS was Tk. 4.37 for July 2017-March 2018 as against Tk. (2.99) for July 2016-March 2017. NAV per share was Tk. 92.19 as on March 31, 2018 and Tk. 94.32 as on June 30, 2017.
- Enquiry Committee formation by BSEC
BSEC NEWS: Bangladesh Securities and Exchange Commission (BSEC) has formed an enquiry committee to investigate into recent unusual movement in price and volume of shares of Monno Ceramic Industries Limited in the Stock Exchanges (Ref: BSEC Order No. BSEC/Surveillance/2017-0895/18 dated April 23, 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 April 30, 2018 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.
- Query Response
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 of shares.
- Dividend Disbursement
The Company has informed that it has credited bonus share for the year ended on June 30, 2017 to the respective shareholders' BO Accounts on January 23, 2018. It has also disbursed cash dividend warrants to the respective shareholders.
- Category Change
The Company will be placed in 'A' category from existing 'B' category with effect from February 05, 2018 as the Company has reported disbursement of 5% cash dividend and 5% stock dividend for the year ended on June 30, 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 Monno Ceramic Industries Ltd. in between 1st to 30th trading day after change of categorization, with effect from February 05, 2018 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 1.50 for October-December, 2017 as against Tk. 0.05 for October-December, 2016; EPS was Tk. 1.69 for July-December, 2017 as against Tk. 0.10 for July-December, 2016. NOCFPS was Tk. 2.57 for July-December, 2017 as against Tk. 0.12 for July-December, 2016. NAV per share was Tk. 91.89 as on December 31, 2017 and Tk. 94.32 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 January 31, 2018 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.