Monno Fabrics Limited announcements
201 Dhaka Stock Exchange announcements for Monno Fabrics Limited (MONNOFABR) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (39).
- Resumption after record date
Trading of the shares of the Company will resume on 22.11.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2022.
- 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 with cum benefit from 17.11.2022 to 20.11.2022. Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2022.
- The auditor of the Monno Fabrics Limited has given the \"Qualified Opinion\", \"Disclaimer of Opinion\" and \"Emphasis o
The auditor of the Monno Fabrics Limited has given the \"Qualified Opinion\", \"Disclaimer of Opinion\" and \"Emphasis of Matter\" paragraphs in the Auditor\'s Report for the year ended 30 June 2022. Basis for Qualified Opinion: 1) As disclosed in note # 16.02, the company has shown Tk. 643,912 as liabilities for WPPF & WWF which includes prior year\'s amount of Tk. 157,879 that has not been paid by the company to the Fund. As per section 234 (b) of Labour Act, 2006 the company (cont.1)
- (Continuation news of MONNOFABR): should pay the amount to the WPPF & WWF not later than nine months from the end of the
(Continuation news of MONNOFABR): should pay the amount to the WPPF & WWF not later than nine months from the end of the respective year. Further, the company did not make any interest provision for the utilization of fund balance as per section 240(2) of the said Act. Basis for Disclaimer of Opinion: 1) As disclosed in note # 4.02 to the Financial Statements, the company has shown an amount of Tk. 162,444,947 as Cash Incentive Receivable. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of MONNOFABR): The amount has been carried forward for long and no details, year wise break up or Sup
(Continuation news of MONNOFABR): The amount has been carried forward for long and no details, year wise break up or Supporting were made available to as for our verification. 2) As disclosed in note # 5.01 to the Financial Statements, the company has shown an amount of Tk. 11,215,016 as Tax Refundable from Government. The amount was carried forward for long and no details or Supporting were made available to us for our verification. (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of MONNOFABR): 3) As disclosed in note # 5.02 to the Financial Statements, the company has shown an a
(Continuation news of MONNOFABR): 3) As disclosed in note # 5.02 to the Financial Statements, the company has shown an amount of Tk. 19,449,860 as Security Deposit. The amount was carried forward for long. Out of which for Tk. 10,473,860 no details or Supporting were made available to us for our verification. 4) As disclosed in note # 5.03 to the Financial Statements, the company has shown an amount of Tk. 97,038,118 as prepaid Lease Premium. (cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of MONNOFABR): The amount was carried forward for long and no details or Supporting were made availab
(Continuation news of MONNOFABR): The amount was carried forward for long and no details or Supporting were made available to us for our verification. Emphasis of Matter: In forming our opinion on the Financial Statements, which is not modified, we considered the matter and the fact that: 1) As disclosed in statement of Changes in Equity the company has shown Tk. 6,118,690 as payment of interim cash dividend. The interim dividend was paid to the shareholders excluding Sponsors and Directors. (cont.5)
The first part of this announcement is missing from the archive. - (Continuation news of MONNOFABR): The rate of interim dividend was Tk. 0.10 per share. The interim dividend was declared
(Continuation news of MONNOFABR): The rate of interim dividend was Tk. 0.10 per share. The interim dividend was declared on the basis of half yearly (July 01, 2021 to December 31, 2021) financial statement, we have observed that as per half yearly financial statement the EPS was Tk. 0.05 per share. (cont.6)
The first part of this announcement is missing from the archive. - Qualified Opinion, Disclaimer of Opinion and Emphasis of Matter
(Continuation news of MONNOFABR): There was no record of giving either interim dividend nor final dividend for the last a few years. Moreover, up to 30-06-2021 the company has accumulated loss of Tk. 2,436,978,983. This does not justify declaring interim dividend. (end)
The first part of this announcement is missing from the archive. - (Q1 Un-audited): EPS was Tk. 0.03 for July-September, 2022 as against Tk. 0.02 for July-September, 2021. NOCFPS was Tk.
(Q1 Un-audited): EPS was Tk. 0.03 for July-September, 2022 as against Tk. 0.02 for July-September, 2021. NOCFPS was Tk. (0.48) for July-September, 2022 as against Tk. (0.28) for July-September, 2021. NAV per share was Tk. 25.40 as on September 30, 2022 and Tk. 25.37 as on June 30, 2022. (cont.)
- (Continuation news of MONNOFABR): Reasons for significant deviation: The Company also informed that NOCFPS has been decr
(Continuation news of MONNOFABR): Reasons for significant deviation: The Company also informed that NOCFPS has been decreased due to decrease in cash flow and increase in finance cost as well as payment to employees and others. EPS has been increased due to deferred tax has been considered to comply with IAS-12 \"Income Tax\". (end)
The first part of this announcement is missing from the archive. - 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 10, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
- The Board of Directors has recommended 2\% cash dividend (inclusive 1 \% Interim Dividend) to General Shareholders other
The Board of Directors has recommended 2\% cash dividend (inclusive 1 \% Interim Dividend) to General Shareholders other than Sponsors and Directors. Sponsors and Directors hold 46,786,594 shares & General Shareholders hold 68,213,406 shares. Total dividend amount of BDT 6,821,340.60 will be paid to the General Shareholders for the year ended June 30, 2022. Date of AGM: 13.12.2022, Time: 11:00 AM, Venue: Digital Platform. Record Date: 21.11.2022. (cont.1)
- (Continuation news of MONNOFABR): The Company has also reported EPS of Tk. 0.12, NAV per share of Tk. 25.37 and NOCFPS o
(Continuation news of MONNOFABR): The Company has also reported EPS of Tk. 0.12, NAV per share of Tk. 25.37 and NOCFPS of Tk. (2.48) for the year ended June 30, 2022 as against Tk. 0.06, Tk. 27.37 and Tk. (1.77) respectively for the same period of the previous year. Reasons for Deviation in EPS and NOCFPS: EPS increased due to the increase in revenue and to comply the paragraphs 15 & 24 of IAS-12 \"Income Tax\" & deferred tax has been considered.(cont.2)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Continuation news of MONNOFABR): NOCFPS decreased due to increase of the financial cost and cash paid to suppliers, employees & others compared to last year. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (27.10.2022) 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 26, 2022 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Regarding sale proceeds of 5% shares
The Company has informed that as per BSEC letter no. SEC/SRMIC/95-313/180 dated 28-04-2022, the sale proceeds of 5% shares i. e. 57,50,000 shares sold by a Corporate Director of the Company through Dhaka Stock Exchange Ltd. amounting to Tk. 154,625,000.00 has been utilized for adjustment of bank loan liability of the Company with Sonali Bank Ltd., BDBL, Janata Bank Ltd., Mercantile Bank Ltd. and other expenses.
- Sale Confirmation of a Corporate Director
Monno Welfare Foundation, one of the Corporate Directors of the Company, has further informed that it has completed its sale of 57,50,000 shares of the company through Dhaka Stock Exchange as per declaration disseminated on 14.06.2022.
- MOU signed between Monno Fabrics Ltd. and B-Trac Engineering Ltd.
The Company has informed that a Memorandum of Understanding (MoU) has been signed between Monno Fabrics Limited and B-Trac Engineering Limited for Power supply through the latest solar power technology which is planned to be installed on the rooves of the factory buildings covering a surface of over 300,000 sqft.
- Sale Declaration of a Corporate Director (Additional Information)
(Additional Information): Sale Declaration of the Company disseminated by DSE on June 14, 2022 of a Corporate Director, Monno Welfare Foundation is referred by BSEC letter No. SEC/SRMIC/95-313/180 dated, April 28, 2022.
- Sale declaration of a Corporate Director
Monno Welfare Foundation, one of the Corporate Directors of the Company, has expressed its intention to sell 57,50,000 shares out of its total holding of 1,95,99,500 shares of the Company at prevailing market price (In the Block Market) through Dhaka Stock Exchange within next 30 working days.
- 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 and increase in volume of shares.
- (Q3 Un-audited): EPS was Tk. 0.05 for January-March 2022 as against Tk. 0.01 for January-March 2021; EPS was Tk. 0.10 fo
(Q3 Un-audited): EPS was Tk. 0.05 for January-March 2022 as against Tk. 0.01 for January-March 2021; EPS was Tk. 0.10 for July 2021-March 2022 as against Tk. 0.04 for July 2020-March 2021. NOCFPS was Tk. (0.56) for July 2021-March 2022 as against Tk. (1.71) for July 2020-March 2021. NAV per share was Tk. 25.41 as on March 31, 2022 and Tk. 27.37 as on June 30, 2021. (cont.)
- Q3 Financials
(Continuation news of MONNOFABR): The Company has also informed that revenue has been turned into positive way but margin has mostly covered to recover financial cost. However, EPS has been increased. NOCFPS has been increased as cash receipts from customers of the company has increased. (end)
The first part of this announcement is missing from the archive. - 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, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- National Credit Ratings Limited (NCR) has announced the surveillance entity rating of the Company as \"A\" in the long t
National Credit Ratings Limited (NCR) has announced the surveillance entity rating of the Company as \"A\" in the long term and \"ST-2\" in the short term along with a developing outlook based on audited financial statements as on June 30, 2021.
- Interim Dividend Disbursement
The Company has informed that it has disbursed Interim Cash Dividend based on 6 months financials for the period ended December 31, 2021 to the respective shareholders.
- Category Change
The Company will be placed in 'B' category from existing 'Z' category with effect from March 20, 2022 as the Company has reported disbursement of 1% interim cash dividend for Public Shareholders other than Sponsors and/or Directors based on 6 months financials for the period ended December 31, 2021.
- 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 Fabrics Limited in between 1st to 7th trading days after change of categorization, with effect from March 20, 2022 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.
- Resumption after record date
Trading of the shares of the company will resume on 20.02.2022 after record date for entitlement of interim cash dividend.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 17.02.2022 for entitlement of interim dividend.
- Spot for Interim dividend entitlement
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 14.02.2022 to 16.02.2022. Trading of the shares of the Company will remain suspended on record date i.e., 17.02.2022 for interim dividend.
- Update of Information
(Continuation news of MONNOFABR): The Company has also requested to send the required information to the followings: E-Mail address: [email protected], [email protected]. Mailing Address: Monno Fabrics Limited, Share Department, 9, Wyre Street, Wari, Dhaka-1203. Contact Number: 47123449, 01755559168. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (26.01.2022) following its corporate declaration.
- Q2 Financials
(Continuation news of MONNOFABR): The company has also informed that revenue has turned into positively but margin has mostly covered to recover overdue bank interest. However, provision of deferred tax helps the company to extend EPS. Cash receipts from customers of the company has increased. Therefore, the Net Operating Cash Flows (NOCF) per Share has increased for the last period. (end)
The first part of this announcement is missing from the archive. - Interim Dividend Declaration
(Continuation news of MONNOFABR): The Sponsors/Directors hold 5,38,13,094 shares out of total 11,50,00,000 shares of the Company and the cash dividend to be payable to the public shareholders is Tk. 61,18,690.60 (Including Tax). Record date for entitlement of interim cash dividend: 17.02.2022. (end)
The first part of this announcement is missing from the archive. - 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 25, 2022 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.