DSE:MPETROLEUM

Meghna Petroleum Limited announcements

325 Dhaka Stock Exchange announcements for Meghna Petroleum Limited (MPETROLEUM) since 2008: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2011 (23).

  1. - Auditor Qualification...

    (Auditor Qualification): At the time of assessment of Audit Report of the Company, it has been revealed that "MRH Dey & Co." and "M. A. Mallik & Co.", Auditors of the Company, has opined the following in the 'Qualified Opinion' section of the Audit Report of the company for the year ended on June 30, 2011: "(1) As stated in note -3.1 the legal titles of the immovable properties acquired from erstwhile MPMCL and PPL have not yet been transferred in favour of the company (MPL) which may attract any future legal complicacy. (cont.)

  2. (continuation of news of MPETROLEUM): (2) The company (MPL) has been showing Tk. 29,655,122.00 in stock (with correspond

    (continuation of news of MPETROLEUM): (2) The company (MPL) has been showing Tk. 29,655,122.00 in stock (with corresponding provision of Tk. 24,432,061.00 for possible of irrecoverability) being the net value of products at current price given on loan to other units of BPC which is outstanding since 2003 although the possibility of its recovering is very bleak (note-7.1). (3) The company did not consider any possible liability against a disputed demand by the VAT Authority in the sum of Tk. 21,872,054.00 (note-17.01) outstanding since 2003 and also under litigation since 2006, which may result in increased demand to date provided the decision of the court goes against the company." (end)

    The first part of this announcement is missing from the archive.
  3. (Auditor Qualification): At the time of assessment of Audit Report of the Company, it has been revealed that "MRH Dey &

    (Auditor Qualification): At the time of assessment of Audit Report of the Company, it has been revealed that "MRH Dey & Co." and "M. A. Mallik & Co.", Auditors of the Company, has opined the following in the 'Qualified Opinion' section of the Audit Report of the company for the year ended on June 30, 2011: "(1) As stated in note -3.1 the legal titles of the immovable properties acquired from erstwhile MPMCL and PPL have not yet been transferred in favour of the company (MPL) which may attract any future legal complicacy. (cont.)

  4. The Board of Directors has recommended cash dividend @ 35% (i.e. Tk. 3.50 per share of Tk. 10.00 each) and stock dividen

    The Board of Directors has recommended cash dividend @ 35% (i.e. Tk. 3.50 per share of Tk. 10.00 each) and stock dividend @ 30% for the year ended on June 30, 2011. The Board has also decided to hold an EGM. Date of EGM and AGM: 25.02.2012, Time of EGM and AGM: 10:30 AM and 11:30 AM respectively, Venue: Main Installation, Guptakhal, Chittagong. Record date: 05.01.2012. The Company has also reported profit after tax of Tk. 892.02 million, EPS of Tk. 18.39, NAV per share of Tk. 45.45 and NOCFPS of Tk. 88.07 for the year ended on June 30, 2011.

  5. There will be no price limit on the trading of the shares of the Company today (28.12.2011) following its corporate decl

    There will be no price limit on the trading of the shares of the Company today (28.12.2011) following its corporate declaration.

  6. (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2011 (July'11 to Sep'11), the com

    (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2011 (July'11 to Sep'11), the company has reported profit after tax of Tk. 186.45 million with basic EPS of Tk. 3.84 as against Tk. 127.88 million and Tk. 2.64 respectively for the same period of the previous year. However, considering proposed bonus share @ 30% for the year 2011, restated basic EPS will be Tk. 2.96 as on 30.09.11 and Tk. 2.03 as on 30.09.10.

  7. As per regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of Board of Directors of the Co

    As per regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of Board of Directors of the Company will be held on December 27, 2011 at 5:45 p.m. to consider, among others, audited financial statements of the Company for the year ended on June 30, 2011.

  8. Bangladesh Petroleum Corporation, one of the Corporate Sponsors of the Company, has further reported that it has complet

    Bangladesh Petroleum Corporation, one of the Corporate Sponsors of the Company, has further reported that it has completed its sale of 54,97,800 shares of the Company at prevailing market price through Stock Exchange as announced earlier.

  9. SEC has issued show cause cum hearing notice to the company, its Directors, Managing Director and Company Secretary for

    SEC has issued show cause cum hearing notice to the company, its Directors, Managing Director and Company Secretary for non-submission of audited financial statements for the year ended on June 30, 2010 by November 11, 2010.

  10. Bangladesh Petroleum Corporation, one of the Corporate Sponsors of the Company, has reported its intention to sell 54,97

    Bangladesh Petroleum Corporation, one of the Corporate Sponsors of the Company, has reported its intention to sell 54,97,800 shares out of its total holdings of 3,23,39,994 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

  11. (continuation of news of MPETROLEUM-Q3): Whereas profit after tax was Tk. 431.56 million with restated basic EPS of Tk.

    (continuation of news of MPETROLEUM-Q3): Whereas profit after tax was Tk. 431.56 million with restated basic EPS of Tk. 8.90 for the period of nine months (July'10 to March'11) ended on 31.03.2011 as against Tk. 320.15 million and Tk. 6.60 respectively for the same period of the previous year. It is to be noted that 'Other Income' was Tk. 291.65 million as on 31.03.11 (July'10 to March'11) which was Tk. 188.18 million as on 31.03.10 (July'09 to March'10).

    The first part of this announcement is missing from the archive.
  12. (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2011 (Jan'11 to March'11), the compan

    (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2011 (Jan'11 to March'11), the company has reported profit after tax of Tk. 177.49 million with restated basic EPS of Tk. 3.66 as against Tk. 121.65 million and Tk. 2.51 respectively for the same period of the previous year. It is to be noted that 'Other Income' was Tk. 135.63 million as on 31.03.11 (Jan'11 to March'11) which was Tk. 57.25 million as on 31.03.10 (Jan'10 to March'10). (continue)

  13. The Company has informed that it has credited the Bonus shares for the year ended on June 30, 2010 to the respective sha

    The Company has informed that it has credited the Bonus shares for the year ended on June 30, 2010 to the respective shareholders' BO Accounts on 18.05.11.

  14. (H/Y): As per un-audited half yearly accounts as on 31.12.10 (July' 10 to Dec' 10), the company has reported profit afte

    (H/Y): As per un-audited half yearly accounts as on 31.12.10 (July' 10 to Dec' 10), the company has reported profit after tax of Tk. 254.08 million with restated EPS of Tk. 5.24 (considering proposed bonus share @ 5% for the year 2009-10) as against Tk. 198.49 million and Tk. 4.09 respectively for the same period of the previous year. It is to be noted that 'Other Income' of the company was Tk. 156.02 million as on 31.12.10 which was Tk. 130.94 million as on 31.12.09.

  15. In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the com

    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.

  16. SEC has issued show cause cum hearing notice to the company, its Directors, Managing Director and Company Secretary in c

    SEC has issued show cause cum hearing notice to the company, its Directors, Managing Director and Company Secretary in connection with non-submission of the half yearly financial statements for the period ended on December 31, 2010 within the stipulated time.

  17. Normal trading of the shares of the company will resume on 29.03.11 after record date.

    Normal trading of the shares of the company will resume on 29.03.11 after record date.

  18. Trading of the shares of the company will remain suspended on record date i.e., 28.03.11.

    Trading of the shares of the company will remain suspended on record date i.e., 28.03.11.

  19. Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be

    Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 23.03.11 to 27.03.11. Trading of the shares of the company will remain suspended on record date i.e., 28.03.11.

  20. The Board of Directors has recommended Cash Dividend @ 45% (i.e. Tk. 4.50 per share of Tk. 10.00 each) and Stock Dividen

    The Board of Directors has recommended Cash Dividend @ 45% (i.e. Tk. 4.50 per share of Tk. 10.00 each) and Stock Dividend @ 5% for the year ended on June 30, 2010. Date of AGM: 07.05.2011, Time: 10:30 AM, Venue: Hotel Agrabad, Chittagong. Record date: 28.03.2011. The company has also reported profit after tax of Tk. 464.23 million, EPS of Tk. 10.05, NAV per share of Tk. 32.08 and NOCFPS of Tk. 52.81 for the year ended on June 30, 2010.

  21. There will be no price limit on the trading of the shares of the company today (15.03.11) following its corporate declar

    There will be no price limit on the trading of the shares of the company today (15.03.11) following its corporate declaration.

  22. As per regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of Board of Directors of the Co

    As per regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of Board of Directors of the Company will be held on March 14, 2011 at 6:15 p.m. to consider, among others, audited financial statements of the Company for the year ended on June 30, 2010.

  23. SEC has issued show-cause cum hearing notice to the Company, its Directors, Managing Director and Company Secretary for

    SEC has issued show-cause cum hearing notice to the Company, its Directors, Managing Director and Company Secretary for non-compliance of the SEC Notification No. SEC/CMRRCD/2009-193/Admin/03-31 dated June 1, 2009, gazetted on June 29, 2009 in connection with timely disbursement of dividend warrants for the year ended on June 30, 2009.

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.