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 2024 (25).
- Other Matter
The auditor of the company has given the "Other Matter" paragraph in the audited financial statement of the company for the year ended June 30, 2024. To view the details please visit: https://www.dsebd.org/Auditors_opinion/2024/November/PREMIERCEM_2024.pdf
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.14 for July-September 2024 as against Tk. 0.54 for July-September 2023; Consolidated NOCFPS was Tk. 2.96 for July-September 2024 as against Tk. 2.90 for July-September 2023. Consolidated NAV per share was Tk. 65.50 as on September 30, 2024 and Tk. 65.37 as on June 30, 2024.
- Regarding Issuance of Redeemable Non-Convertible Preference Shares
The company has informed that the Board of Directors has decided to transact the following business: Regarding the issue and offer fully redeemable non-convertible non-participating cumulative preference shares Up to BDT 1,610,000,000.00 only of 322 shares will be issued at a face value/issue price of BDT 50 Lacs each by the Tenure of 5 years Dividend will be paid Semi-annually payable in arrears. (cont.1) (Cont. news of PREMIERCEM): The main purpose of issuance of the share will be the Balance sheet restructuring & prepayment of existing high-cost debt. The eligible investors are scheduled local commercial banks (excluding 100% Sharia based banks). Corporates, Non-banking financial institutions, High net worth individuals including Sponsors and Directors of the company, Trusts, Brokerages, and Asset Management Companies and arranged on 'best effort' basis. (end) (Cont. news of PREMIERCEM): The investors and issuer may choose to review the rate of Dividend at the end of the 12th. 30th and 42nd month depending on the then existing market conditions based on average interest rates on deposits of more than 6 months and less than 1 year of scheduled commercial banks with a range of 1.50% subject to the approval of Bangladesh Securities and Exchange Commission. (cont.2)
- Resumption after Record date
Trading of the shares of the company will resume on 10.11.2024.
- 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 09, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 07.11.2024.
- 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 05.11.2024 to 06.11.2024 and trading of the shares of the company will remain suspended on record date i.e., 07.11.2024.
- Dividend Declaration
The Board of Directors has recommended 21.50% Cash Dividend for the year ended June 30, 2024. Date of AGM: 30.11.2024, Time: 5:00 PM, Venue: Digital Platform. Record Date: 07.11.2024. The Company has also reported Consolidated EPS of Tk. 7.04, Consolidated NAV per share of Tk. 65.37 and Consolidated NOCFPS of Tk. 6.27 for the year ended June 30, 2024 as against Tk. (7.99), Tk. 59.33 and Tk. 5.84 respectively for the year ended June 30, 2023.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (21.10.2024) 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 20, 2024 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Resumption after Record date
Trading of the shares of the company will resume on 08.10.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 07.10.2024.
- 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 from 03.10.2024 to 06.10.2024 and trading of the shares will remain suspended on record date i.e., 07.10.2024.
- Refer to their earlier news disseminated by DSE on 14.02.2023 regarding dividend declaration, the company has further in
Refer to their earlier news disseminated by DSE on 14.02.2023 regarding dividend declaration, the company has further informed that in compliance with the honorable court order due to conduction of AGM for the financial year ended June 30, 2022, unable to holding the AGM within the statutory time frame as stipulated under Section 81 of the Companies Act, 1994, which mandates the holding of an AGM within a period not less than nine months (cont.1)
- (cont. news of PREMIERCEM): and not more than fifteen months from the date of the last AGM after the end of each Calenda
(cont. news of PREMIERCEM): and not more than fifteen months from the date of the last AGM after the end of each Calendar year. The delay occurred due to late receipt of audit reports and other unavoidable circumstances beyond the control of the Board of Directors, in accordance with the compliance on Company Matter with the Honorable High Court Order No. 724 of 2023 and Heard & Judgement on September 02, 2024 and pertains (cont.2)
The first part of this announcement is missing from the archive. - (cont. news of PREMIERCEM): to an application under Section 81(2), read with Section 85(3) & 396 of the Companies Act, 1
(cont. news of PREMIERCEM): to an application under Section 81(2), read with Section 85(3) & 396 of the Companies Act, 1994, for the delay in holding the AGM for the calendar year 2022. As a result, they were also unable to submit the returns to the Registrar of Joint Stock Companies and Firms (RJSC) within the prescribed time limits. In compliance with the aforementioned Honorable Court order, the company now intend to convene the AGM while ensuring full adherence (cont.3)
The first part of this announcement is missing from the archive. - To comply with the Honorable Court order regarding delay in AGM
(cont. news of PREMIERCEM): to the relevant regulations and notifications issued by your esteemed office, specifically BSEC Notification No. BSEC/CMRRCD/2006-158/208/Admin/81 dated June 20, 2018, as well as the Dhaka Stock Exchange (Listing) Regulations, 2015. Date and Time of AGM: October 28, 2024 at 11:00 AM. Venue: Digital Platform. Record Date: October 07, 2024. Other information will remain unchanged. (end)
The first part of this announcement is missing from the archive. - Sale Confirmation of a Sponsor Director
Mr. Mohd. Jahangir Alam., one of the Sponsor Director of the Company, has further informed that he has completed his sale of 600,000 share of the Company at prevailing market price through Chittagong Stock Exchange PLC (CSE) as per declaration disseminated on 23.04.2024.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 2.58 for January-March 2024 as against Tk. 2.92 for January-March 2023; Consolidated EPS was Tk. 5.19 for July 2023-March 2024 as against Tk. 0.46 for July 2022-March 2023. Consolidated NOCFPS was Tk. 5.53 for July 2023-March 2024 as against Tk. 5.70 for July 2022-March 2023. Consolidated NAV per share was Tk. 63.52 as on March 31, 2024 and Tk. 59.33 as on June 30, 2023.
- Sale Declaration of a Sponsor Director
Mr. Mohd. Jahangir Alam., one of the Sponsor Directors of the Company, has reported his intention to sell 600,000 shares out of his holding of 10,425,313 shares of the Company at prevailing market price (In the Block Market) through Chittagong Stock Exchange PLC (CSE) within April 30, 2024.
- 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 28, 2024 at 04:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has rated the company as "AA" in the long term and "ST-2" in the short term along with Stable outlook in consideration of its audited financials up to June 30, 2023, also unaudited financials up to December 31, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 2.09 for October-December 2023 as against Tk. 0.07 for October-December 2022; Consolidated EPS was Tk. 2.63 for July-December 2023 as against Tk. (2.45) for July-December 2022. Consolidated NOCFPS was Tk. 5.03 for July-December 2023 as against Tk. 5.44 for July-December 2022. Consolidated NAV per share was Tk. 60.95 as on December 31, 2023 and Tk. 59.33 as on June 30, 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 January 27, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.