Premier Cement Mills PLC announcements
228 Dhaka Stock Exchange announcements for Premier Cement Mills PLC (PREMIERCEM) since 2013: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (21).
- Cash Dividend Disbursement
The Company has informed that Cash Dividend for the year ended on June 30, 2016 has been disbursed.
- Approval of proposal for merger/amalgamation in AGM
The Company has informed today (27.11.2016) that the following agenda, among others, was unanimously passed by the shareholders in the 14th AGM, held on November 26, 2016, as special resolution: "Resolved that proposal for merger/amalgamation of Premier Power Generation Limited (Subsidiary) and National Cement Mills Limited (Associate), (regarding which special resolutions have been passed in the EGM of the both Companies held at their registered office) with Premier Cement Mills Limited is hereby passed.
- Q1 Financials
Consolidated EPS was Tk. 0.55 for July-September, 2016 as against Tk. 0.81 for July-September, 2015; Consolidated NOCFPS was Tk. 1.21 for July-September, 2016 as against Tk. 2.49 for July-September, 2015. Consolidated NAV per share was Tk. 40.94 as of September 30, 2016 and Tk. 28.27 as of September 30, 2015. (Q1 Un-audited): Consolidated EPS was Tk. 0.55 for July-September, 2016 as against Tk. 0.81 for July-September, 2015; Consolidated NOCFPS was Tk. 1.21 for July-September, 2016 as against Tk. 2.49 for July-September, 2015. Consolidated NAV per share was Tk. 40.94 as of September 30, 2016 and Tk. 28.27 as of September 30, 2015.
- Resumption after record date
Trading of the shares of the Company will resume on 10.11.2016 after record date.
- Suspension for record date
Trading of the shares of the Company will remain suspended on record date i.e., 09.11.2016.
- 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, 2016 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, 2016.
- Spot for AGM
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 07.11.2016 to 08.11.2016. Trading of the shares of the Company will remain suspended on record date i.e., 09.11.2016.
- Dividend Declaration
The Board of Directors has recommended 15% cash dividend for the year ended on June 30, 2016. Date of AGM: 26.11.2016, Time: 11:00 AM, Venue: Auditorium of Chittagong Club Limited, S.S. Khaled Road, Chittagong. Record Date: 09.11.2016. The Company has also reported consolidated EPS of Tk. 6.48, consolidated NAV per share of Tk. 40.39 and consolidated NOCFPS of Tk. 11.28 for the year ended on 30.06.2016 as against Tk. 3.83, Tk. 32.22 and Tk. 3.73 respectively for the year ended on 30.06. 2015.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (23.10.2016) following its corporate declaration.
- Board Meeting
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 20, 2016 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2016.
- Confirmation of Transfer
Mr. Hasnat Md. Abu Obida, one of the Sponsors of the Company, has further reported that he has completed his transfer of total 50,30,000 shares of the Company to his sisters Mrs. Farhana Afroze (25,15,000 shares) & Mrs. Roksana Afrose (25,15,000 shares) by way of gift outside the trading system of the Exchange (CSE) as announced earlier.
- Declaration of Transfer
Mr. Hasnat Md. Abu Obida, one of the Sponsors of the Company, has expressed his intention to transfer 5,030,000 shares out of his total holding of 23,362,500 shares of the Company to his sisters Mrs. Farhana Afroze (2,515,000 shares) & Mrs. Roksana Afrose (2,515,000 shares) by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by CSE. It is to be mentioned that, BSEC has accorded its consent for this transfer. As per condition of BSEC consent, the above transferees shall not execute the sale/transfer of the above number of shares before adoption of the next financial statements and declaration of the Company
- Enhancement of Production capacity by Expansion
The Company has informed that the Board of Directors has decided to expand its plant and enhance its production capacity at 16,000 MT per day by increasing additional 8,000 MT per day. Total estimated cost for the expansion will be Tk. 400.00 crore (approx.) including import cost of machineries amounting Tk. 208.70 crore and cost of civil work amounting Tk. 191.30 crore which will be arranged from own financing as well as bank borrowing. It is expected that expansion work will be completed within 2018.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA-" in the long term and "ST-3" in the short term along with a stable outlook based on audited financials of the Company up to June 30, 2015 and also unaudited financials up to March 31, 2016 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Q3 Financials
Consolidated EPS was Tk. 1.83 for January-March, 2016 as against Tk. 0.27 for January-March, 2015; Consolidated EPS was Tk. 3.88 for July, 2015-March, 2016 as against Tk. 1.16 for July, 2014-March, 2015. Consolidated NOCFPS was Tk. 7.00 for July, 2015-March, 2016 as against Tk. 3.45 for July, 2014-March, 2015. Consolidated NAV per share was Tk. 38.60 as of March 31, 2016 and Tk. 26.79 as of March 31, 2015.
- Board Meeting (Q3)
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, 2016 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2016.
- Revaluation of PPE
The Company has informed that the Board of Directors has approved the revaluation of its Property, Plant and Equipment. The Revaluation amount was shown as Tk. 4,910,383,237.00 resulting a Revaluation Surplus of Tk. 1,153,552,951.00 from the Book value of Tk. 3,756,830,286.00 as on 30.06.2015. Total NAV as on 30.06.2015 before revaluation stood at Tk. 3,147,359,273.00 and NAV per share stood at Tk. 29.85. Total NAV as on 30.06.2015 after revaluation stood at Tk. 3,849,655,548.00 and NAV per share stood at Tk. 36.51.
- Completion of Transfer by a Sponsor/Director
Mohd. Jahangir Alam, one of the Sponsors/Directors of the Company, has further reported that he has completed his transfer of 10,00,000 shares of the Company to his brother Md. Abdul Ahad by way of gift outside the trading system of the Exchange as announced earlier.
- Declaration of Transfer by a Sponsor/Director
Mohd. Jahangir Alam, one of the Sponsors/Directors of the Company, has expressed his intention to transfer 10,00,000 shares out of his total holding of 1,14,25,313 shares of the Company to his brother Md. Abdul Ahad by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.
- Q2 Financials
Consolidated EPS was Tk. 1.25 for October-December, 2015 as against Tk. 0.14 for October-December, 2014; Consolidated EPS was Tk. 2.06 for July-December, 2015 as against Tk. 0.89 for July-December, 2014. Consolidated NOCFPS was Tk. 6.61 for July-December, 2015 as against Tk. 2.63 for July-December, 2014. Consolidated NAV per share was Tk. 29.52 as of December 31, 2015 and Tk. 29.45 as of June 30, 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 January 27, 2016 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2015.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.