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 2023 (28).
- The company has informed that the Board of Directors of the company in its meeting held on 17.12.2023 has taken the foll
The company has informed that the Board of Directors of the company in its meeting held on 17.12.2023 has taken the following price sensitive decisions: The company may purchase two bigha (40 katha) land instead of one bigha (20 katha) land, south facing, Commercial-cum-Residential Plots located at Block-I (Extension) at Bashundhara R/A, Dhaka in the name of Olympic Industries Limited at an agreed revised total price of Tk. 68,00,00,000.00 (Taka Sixty-Eight Crore) only (cont.1)
- (Continuation news of OLYMPIC): i.e. @Tk. 1,70,00,000.00 per katha which includes Road Construction, Land Development, R
(Continuation news of OLYMPIC): i.e. @Tk. 1,70,00,000.00 per katha which includes Road Construction, Land Development, RCC Drainage cost, Service Charge, etc. from East West Property Development (Pvt.) Ltd., Dhaka for its Corporate Office. The purchaser, Olympic Industries Limited shall also bear the total registration and other costs including VAT, Tax and other Charges. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of OLYMPIC): This Price Sensitive Information (PSI) shall repeal and supersede the earlier PSI which
(Continuation news of OLYMPIC): This Price Sensitive Information (PSI) shall repeal and supersede the earlier PSI which was taken by the Board of Directors of the Company on October 19, 2023 and disseminated by DSE on 22.10.2023 with title \'regarding purchase of land at Bashundhara R/A\'. (end)
The first part of this announcement is missing from the archive. - National Credit Ratings Limited (NCR) has assigned the rating of the Company as \"AAA\" in the long term and \"ST-1\" in
National Credit Ratings Limited (NCR) has assigned the rating of the Company as \"AAA\" in the long term and \"ST-1\" in the short term along with a Stable outlook based on audited financial statements of the Company as on June 30, 2023.
- Resumption after Record date
Trading of the shares of the company will resume on 19.11.2023.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 16.11.2023.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 2.81 for July-September 2023 as against Tk. 2.33 for July-September 2022; NOCFPS was Tk. 4.42 for July-September 2023 as against Tk. 4.32 for July-September 2022. NAV per share was Tk. 52.93 as on September 30, 2023 and Tk. 49.16 as on September 30, 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 14.11.2023 to 15.11.2023 and trading of the shares will remain suspended on record date i.e., 16.11.2023.
- 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 12, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.10.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- Dividend Declaration
The Board of Directors has recommended 60% cash dividend for the year ended June 30, 2023. Date of AGM: 21.12.2023, Time: 11:00 AM, Venue: Digital Platform. Record Date: 16.11.2023. The Company has also reported EPS (Basic & Diluted) of Tk. 7.78, NAV per share of Tk. 50.12 and NOCFPS of Tk. 6.95 for the year ended June 30, 2023 as against Tk. 6.03 (Basic & Diluted), Tk. 46.84 and Tk. 3.51 respectively for the year ended June 30, 2022.
- The Company has informed that the Board of Directors has decided to appoint Mrs. Nurjehan Hudda (Director) as Managing D
The Company has informed that the Board of Directors has decided to appoint Mrs. Nurjehan Hudda (Director) as Managing Director of the company with effect from October 19, 2023.
- Appointment of Company Secretary
The Company has informed that the Board of Directors has decided to appoint Mr. Mintu Kumar Das as the Company Secretary of the company with effect from October 19, 2023.
- Appointment of Managing Director
The Company has informed that the Board of Directors has decided to appoint Mrs. Nurjehan Hudda, Director and Acting Managing Director of the company with effect from October 19, 2023.
- The company has informed that it will purchase one bigha (=20 katha) south facing, Commercial-cum-Residential Plot of La
The company has informed that it will purchase one bigha (=20 katha) south facing, Commercial-cum-Residential Plot of Land located at Block-I (Extension) at Bashundhara R/A, Dhaka in the name of Olympic Industries Limited at an agreed total price of Tk. 31,75,00,000.00 i.e. @Tk. 1,58,75,000.00 per katha which includes Road Construction, Land Development, RCC Drainage cost, Service Charge, etc. (cont.)
- 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, 2023 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
- Regarding purchase of land at Bashundhara R/A
(Continuation news of OLYMPIC): from East West Property Development (Pvt.) Ltd., Dhaka for its corporate office. The purchaser, Olympic Industries Limited shall also bear the total registration and other costs inclusive of VAT, Tax and other Charges. (end)
The first part of this announcement is missing from the archive. - The company has informed it has become the successful bidder for 37 decimals land at Mouza Lolati under Sonargaon Upozil
The company has informed it has become the successful bidder for 37 decimals land at Mouza Lolati under Sonargaon Upozilla in Narayanganj district which has been auctioned alongwith other lands by Bank Asia Limited, Pragati Sarani Branch, Dhaka. The land is near the Biscuit & Confectionery unit of the company at Lolati. As such, the Board of Directors of the Company (cont.1)
- (Cont. news of OLYMPIC): has approved to purchase the land measuring 37 decimals at a total cost of Tk. 92,50,000.00 plu
(Cont. news of OLYMPIC): has approved to purchase the land measuring 37 decimals at a total cost of Tk. 92,50,000.00 plus registration and other miscellaneous expenses of Tk. 13,41,250.00 i.e. total Tk. 1,05,91,250.00 only. While registering Sale Deed for above land, the balance security money of Tk.10,78,250.00 lying with Bank Asia Limited shall be adjusted. In addition, the company has also decided to purchase of another 30.75 decimals land at (cont.2)
The first part of this announcement is missing from the archive. - Board approval to purchase land
(Cont. news of OLYMPIC): Mouza Lolati under Sonargaon Upozilla in Narayanganj district which is also near to its Biscuit & Confectionery unit at Lolati a total cost of Tk. 1,23,00,000.00 plus registration and other miscellaneous expenses of Tk. 35,67,000.00 i.e. total Tk. 1,58,67,000.00. (end)
The first part of this announcement is missing from the archive. - Appointment of Chairman and Acting Managing Director
The Company has informed that the Board of Directors has appointed Mr. Aziz Mohammad Bhai as the Chairman of the Board of Directors and Mrs. Nurjehan Hudda, as the Acting Managing Director of the company with immediate effect.
- Appointment of two new Directors
The company has informed that the Board of Directors has appointed Mr. Ahad Mohammad Bhai and Mr. Asar Aziz M. Bhai (Nominated Director of M/s Ambee Limited) as new Directors of the company with immediate effect.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 2.04 for January-March 2023 as against Tk. 1.51 for January-March 2022; EPS was Tk. 7.30 for July 2022-March 2023 as against Tk. 5.12 for July 2021-March 2022. NOCFPS was Tk. 5.85 for July 2022-March 2023 as against Tk. 4.23 for July 2021-March 2022. NAV per share was Tk. 49.63 as on March 31, 2023 and Tk. 45.93 as on March 31, 2022.
- 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 27, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
- Board Decision to purchase land
The company has informed that the Board of Directors has decided to purchase a land measuring 86 Decimals at a total cost of BDT 2,75,20,000.00 only located at Lolati, Sonargaon Upazila, Narayanganj attached behind the Biscuit and Confectionery unit of the company at Lolati. The company will also have to spend BDT 28,89,600.00 as registration charges and other miscellaneous expenses including fees for obtaining certified copy of purchase deed.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 2.93 for October-December 2022 as against Tk. 1.54 for October-December 2021; EPS was Tk. 5.26 for July-December 2022 as against Tk. 3.61 for July-December 2021. NOCFPS was Tk. 4.49 for July-December 2022 as against Tk. 3.87 for July-December 2021. NAV per share was Tk. 47.60 as on December 31, 2022 and Tk. 44.42 as on December 31, 2021.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2022 to the respective shareholders.
- 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 30, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.