Olympic Industries PLC. announcements
332 Dhaka Stock Exchange announcements for Olympic Industries PLC. (OLYMPIC) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2011 (20).
- In reference to their news disseminated by DSE on July 28, 2011 about their execution of third-party manufacturing agree
In reference to their news disseminated by DSE on July 28, 2011 about their execution of third-party manufacturing agreement with Haque Brothers (Industries) Ltd. whereby Haque was supposed to produce for Olympic upto 600 MT biscuits per month in its factory starting from September 15, 2011, the Company has further informed that in spite of repeated insistence until recently, Haque did not start manufacturing and have finally come up with restated terms including higher processing change. Therefore, upon refund of cheque given as advance, the Board of Directors of Olympic Industries Ltd. has decided to terminate the said Agreement with immediate effect.
- The Company has informed that the Board of Directors of the Company has decided to purchase 6.666 decimals land at Keodh
The Company has informed that the Board of Directors of the Company has decided to purchase 6.666 decimals land at Keodhala, Madanpur, Bondor, Narayangonj at a consideration of Tk. 33,33,000.00 payable from own source.
- Normal trading of the shares of the Company will resume on 07.12.2011 after record date.
Normal trading of the shares of the Company will resume on 07.12.2011 after record date.
- Trading of the shares of the Company will remain suspended on record date i.e., 05.12.2011.
Trading of the shares of the Company will remain suspended on record date i.e., 05.12.2011.
- Following the change of denomination, trading of the shares of the Company will resume in Spot market on 04.12.2011 afte
Following the change of denomination, trading of the shares of the Company will resume in Spot market on 04.12.2011 after record date with new face value of Tk. 10.00 per share, market lot of 500 shares and adjusted open price of Tk. 184.20 per share.
- 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 29.11.2011 to 04.12.2011(excluding record date on 01.12.2011 for denomination change). Trading of the shares of the Company will remain suspended on record date i.e., 05.12.2011.
- In connection with their news disseminated by DSE on October 30, 2011, the Company has further informed that the Record
In connection with their news disseminated by DSE on October 30, 2011, the Company has further informed that the Record date will now be December 05, 2011 instead of December 04, 2011.Other information of the AGM as announced earlier.
- (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 net profit after tax of Tk. 74.26 million with basic EPS of Tk. 21.32 as against Tk. 64.51 million and Tk. 18.52 respectively for the same period of the previous year. However, considering proposed bonus share @ 50% for the year 2011, restated basic EPS will be Tk. 14.21 as on 30.09.11 and Tk. 12.35 as on 30.09.10.
- The Board of Directors of the company has recommended cash dividend @ 10% (i.e. Tk. 10.00 per share of Tk. 100.00 each)
The Board of Directors of the company has recommended cash dividend @ 10% (i.e. Tk. 10.00 per share of Tk. 100.00 each) and stock dividend @ 50% for the year ended on June 30, 2011. Date of AGM: 29.12.2011, Time: 10:00 AM, Venue: Factory premises of the company at Kutubpur, Kanchpur, Bondar, Narayanganj. Record Date: 04.12.2011. The Company has also reported EPS of Tk. 73.57, NAV per share of Tk. 213.46 and NOCFPS of Tk. 97.76 for the year ended on June 30, 2011. The Board has also approved for taking necessary steps for setting up facilities for production of ?clair as well as for manufacturing of Jar and Tray for Biscuit and Confectionery items with finance from own sources as well as from bank/leasing company.
- There will be no price limit on the trading of the shares of the Company today (30.10.2011) following its corporate decl
There will be no price limit on the trading of the shares of the Company today (30.10.2011) following its corporate declaration.
- (continuation of news of OLYMPIC): Other machineries for the line will be imported gradually. The total cost of machiner
(continuation of news of OLYMPIC): Other machineries for the line will be imported gradually. The total cost of machinery involving Tk. 25.00 crore is proposed to be financed under loan from Commercial Bank. The Plant shall have capacity to produce 1,800 Tons Biscuits per month and is expected to start commercial production from July 2012.
The first part of this announcement is missing from the archive. - The Company has informed that the Board of Directors of the Company has decided to set up its 5th Biscuit Line on its ow
The Company has informed that the Board of Directors of the Company has decided to set up its 5th Biscuit Line on its own plot of land at Lolati, Sonargaon, Narayanganj. The factory building with 28,000 sft. space in each floor is under construction there for which Price Sensitive Information was released in April 2011. The cost of purchased land has been and the cost of under construction building is being arranged from own source of the Company. The latest technology Biscuit making machinery including Oven, Conveyor, etc. for the new line are being imported now from Italy and India. (cont.)
- The Company has informed that in order to meet the growing demand for its quality biscuits, it has entered into a third-
The Company has informed that in order to meet the growing demand for its quality biscuits, it has entered into a third-party manufacturing agreement whereby Haque Brothers (Industries) Ltd. shall produce in its factory, upto 600 MT of biscuits per month for Olympic Industries Limited. The Board of Directors of Olympic Industries Ltd. have approved the above arrangement. Production shall be carried out under strict supervision of Olympic and will be subject to the same standards and care afforded to biscuits directly produced by Olympic. It is anticipated that production at Haque's factory shall commence around 15.09.11. The initial term of this agreement is 24 months from commencement of production and the agreement may be renewed upon the mutual agreement of the parties.
- 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.
- The Company has informed that it has decided to purchase a land measuring 43 decimals at Lolati, Sonargaon, Narayanganj
The Company has informed that it has decided to purchase a land measuring 43 decimals at Lolati, Sonargaon, Narayanganj from M/s. Kassaf Limited of Mukti Sarani Gate, Narayanganj at a total consideration of Tk. 1.00 crore.
- (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 net profit after tax of Tk. 53.94 million with EPS of Tk. 15.49 as against Tk. 33.97 million and Tk. 9.75 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 194.51 million with EPS of Tk. 55.85 for the period of nine months (July'10 to March'11) ended on 31.03.2011 as against Tk.115.57 million and Tk. 33.18 respectively for the same period of the previous year.
- The company has informed that the Board of Directors of the company has decided for construction of a 4-storied building
The company has informed that the Board of Directors of the company has decided for construction of a 4-storied building on new land of the company purchased in 2008 whereon around 28,000 sft. floor space will be immediately developed at Ground Floor by arranging finance from own sources for providing storage facility for raw materials and finished products of the company. The construction of remaining floors with almost equal space in each floor will gradually continue also under finance from own sources to provide accommodation for future expansion projects of the company including utilities and services areas, administration block, residential accommodation etc.
- In response to a CSE query dated 31.03.11, the company has informed that there is no undisclosed price sensitive informa
In response to a CSE query dated 31.03.11, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike.
- The company has informed that it has finalized purchase of total 25.50 decimals land at Keodhala in Narayanganj District
The company has informed that it has finalized purchase of total 25.50 decimals land at Keodhala in Narayanganj District. The land may be used in course of time for its Biscuit and Confectionery factory.
- (H/Y): As per un-audited half yearly accounts as on 31.12.10 (July' 10 to Dec' 10), the company has reported net profit
(H/Y): As per un-audited half yearly accounts as on 31.12.10 (July' 10 to Dec' 10), the company has reported net profit after tax of Tk. 140.57 million with EPS of Tk. 40.36 as against Tk. 81.60 million and Tk. 23.43 (restated) respectively for the same period of the previous year. Whereas net profit after tax was Tk. 76.06 million with EPS of Tk. 21.84 for the period of 3 months (Oct' 10 to Dec' 10) ended on 31.12.10 as against Tk. 42.49 million and Tk. 12.20 (restated) respectively for the same period of the previous year.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.