Northern Jute Manufacturing Company Limited announcements
330 Dhaka Stock Exchange announcements for Northern Jute Manufacturing Company Limited (NORTHERN) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (25).
- Information for Margin Account Holders
The Company has requested the concerned brokerage houses/DPs to provide detail lists of their margin accountholders who hold shares on the record date to CompanyÂs Share Section on or before December 10, 2015. The list should include ShareholderÂs name, BO ID, client-wise shareholding position, applicable tax rate along with Brokerage House/DPÂs Bank A/C number, Bank & branch name, routing number, contact person etc.
- Resumption News
Normal trading of the shares of the Company will resume on 16.11.2015 after record date.
- Suspension News
Trading of the shares of the Company will remain suspended on record date i.e., 15.11.2015.
- Q1 Financials
(Q1 Un-audited): EPS for July-September, 2015 was Tk. 1.03 as against Tk. 0.25 for July-September, 2014; NOCFPS was Tk. 4.21 for July-September, 2015 as against Tk. (7.47) for July-September, 2014. NAV per share was Tk. 88.25 as of September 30, 2015 and Tk. 87.22 as of June 30, 2015.
- 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 11.11.2015 to 12.11.2015. Trading of the shares of the Company will remain suspended on record date i.e., 15.11.2015.
- 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 November 10, 2015 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, 2015.
- Dividend Declaration
The Board of Directors has recommended 20% cash dividend for the year ended on June 30, 2015. Date of AGM: 05.12.2015, Time: 11:30 AM, Venue: Factory Premises of the Company at BSCIC Industrial Estate, Kushtia (subject to approval of BSEC). Record Date: 15.11.2015. The Company has also reported EPS of Tk. 3.08, NAV per share of Tk. 87.22 and NOCFPS of Tk. (11.62) for the year ended on June 30, 2015 as against Tk. 1.61 (restated), Tk. 73.90 and Tk. (0.14) respectively for the year ended on June 30, 2014.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (26.10.2015) 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 25, 2015 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2015.
- Â Machineries Purchase
The Company has informed that the Board of Directors has decided to purchase machineries for increasing the production capacity to 30 metric tons per day to meet the demand for jute yarn/twine in the international market. The approximate cost to complete the modernization scheme will be Tk. 10.00 Crore and the modernization work is expected to be completed by March, 2016.
- Query Response
In response to a DSE query dated August 10, 2015, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Q3
Net Profit after tax from Jan15 to March15 was Tk. 1.49 million with EPS of Tk. 0.83 as against Tk. 3.73 million and Tk. 2.09 respectively for the same period of the previous year. Whereas Net Profit/(Loss) after tax from July14 to March15 was Tk. 2.34 million with EPS of Tk. 1.31 as against Tk. (14.12) million and Tk. (7.91) respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (83.15) million as on 31.03.2015.
- Sponsors sale
Agha Ahmed Yusuf, one of the Sponsors/Directors of the Company, has further reported that he has completed sale of his entire holdings of 4,43,585 shares of the Company at prevailing market price through Stock Exchange as announced earlier.<br>
- Intention to buy/sale by Sponsor/Director in Block Market
Agha Ahmed Yusuf, one of the Sponsors/Directors of the Company, has expressed intention to sell his entire holdings of 4,43,585 shares of the Company at prevailing market price (In the Block Market) through Stock Exchange within April 30, 2015. It is to be mentionable here that, the Company has informed that their Board has accepted the resignation of Agha Ahmed Yusuf from the Board of Directors of the Company. This will come into effect upon completion of the sale of his entire shares.
- Confirmation of buy/sale by Sponsor/Director
Agha Ahmed Yusuf, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of 1,78,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sponsors/Directors intention to sell
Agha Ahmed Yusuf, one of the Sponsors/Directors of the Company, has expressed his intention to sell 1,78,000 shares out of his total holdings of 6,21,585 shares of the Company at prevailing market price (In the Block Market) through Stock Exchange within April 30, 2015.
- Confirmation of sale and buy of Sponsors/Director
Asif Ashraf and Shamarukh Fakhruddin, both are Sponsors of the Company, have further reported that they have completed sale of their entire holdings of 36,075 shares and 18,039 shares respectively while Ratan Kumar Biswas, one of the Directors (Public Director) of the Company, has reported that he has completed his buy of 54,114 shares at prevailing market price through Stock Exchange as announced earlier.
- Confirmation of sale/buy of Sponsors/Director
Ashfaque Ahmed and Fahmida Mahfuz, both are Sponsors of the Company, have further reported that they have completed sale of their entire holdings of 36,075 shares and 18,037 shares respectively while Ratan Kumar Biswas, one of the Directors (Public Director) of the Company, has further reported that he has completed his buy of 54,112 shares at prevailing market price through Stock Exchange as announced earlier.
- Declaration of sale and buy of Sponsors/Director in Block Market
Asif Ashraf and Shamarukh Fakhruddin, both are Sponsors of the Company, have expressed intention to sell their entire holdings of 36,075 shares and 18,039 shares respectively while Ratan Kumar Biswas, one of the Directors (Public Director) of the Company, has expressed his intention to buy 54,114 shares at prevailing market price (In the Block Market) through Stock Exchange within April 30, 2015.
- Sponsors/Director sale and buy
Ashfaque Ahmed and Fahmida Mahfuz, both are Sponsors of the Company, have expressed intention to sell their entire holdings of 36,075 shares and 18,037 shares respectively while Ratan Kumar Biswas, one of the Directors (Public Director) of the Company, has expressed his intention to buy 54,112 shares at prevailing market price (In the Block Market) through Stock Exchange within April 30, 2015.
- Confirmation of buy and sale of Sponsor/Director in Block Market
Mahboob Uddin Mahmood and Ratan Kumar Biswas, both are Sponsors/Directors (Public Director) of the Company, have further reported that they have completed their sale/buy of 31,680 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Declaration of buy and sale of Sponsor/Director in Block Market
Mahboob Uddin Mahmood, one of the Sponsors of the Company, has expressed his intention to sell his entire holding of 31,680 shares while Ratan Kumar Biswas, one of the Directors (Public Director) of the Company, has expressed his intention to buy 31,680 shares at prevailing market price (in the Block Market) through Stock Exchange within April 30, 2015.
- Half Yearly Financials
(H/Y Un-audited): Net Profit/(loss) after tax from July14 to Dec14 was Tk. 0.85 million with EPS of Tk. 0.48 as against Tk. (19.99) million and Tk. (11.20) respectively for the same period of the previous year. Whereas net profit /(loss) after tax from Oct14 to Dec14 was Tk. 0.40 million with EPS of Tk. 0.22 as against Tk. (15.66) million and Tk. (8.77) respectively for the same period of the previous year. Accumulated profit/(loss) of the Company was Tk. (84.91) million as on 31.12.2014.
- BSEC news
BSEC NEWS: Bangladesh Securities and Exchange Commission (BSEC) has formed an enquiry committee to investigate into unusual price increase in shares of Northern Jute Manufacturing Company Limited in the stock exchange.
- will be placed in A category from existing Z
The Company will be placed in A category from existing Z category with effect from January 05, 2015 as the Company has reported disbursement of 5% cash dividend and 5% stock dividend for the year ended on June 30, 2014.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.