Prime Finance & Investment Limited announcements
396 Dhaka Stock Exchange announcements for Prime Finance & Investment Limited (PRIMEFIN) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (17).
- Sale Confirmation of a Nominated Director
Dr. Shamim Khan, one of the Nominated Directors (Nominated from Pedrollo NK. Ltd.) of the Company, has further reported that he has completed his selling of entire holding 54,58,330 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 10.10.2021.
- (Continuation news of PRIMEFIN): Reasons for significant deviation are as follows: The main reason for significant devia
(Continuation news of PRIMEFIN): Reasons for significant deviation are as follows: The main reason for significant deviation in net profit / (loss) and Net Operating Cash Flow between two quarters is due to capital gain from sale of Companys land. On the other hand, loan/ lease provision has been increased due to implementation of Bangladesh Bank classification circular no: 04, dated July 26, 2021. (end)
The first part of this announcement is missing from the archive. - Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.20 for July-September 2021 as against Tk. 0.12 for July-September 2020; Consolidated EPS was Tk. 0.29 for January-September 2021 as against Tk. 0.03 for January-September 2020. Consolidated NOCFPS was Tk. 1.41 for January-September 2021 as against Tk. 0.03 for January-September 2020. Consolidated NAV per share was Tk. 11.12 as on September 30, 2021 and Tk. 11.76 as on December 31, 2020. (cont.)
- 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 October 27, 2021 at 04:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.
- Sell Declaration of a Nominated Director
Dr. Shamim Khan, one of the Nominated Directors (Nominated from Pedrollo NK. Ltd.) of the Company, has expressed his intention to sell his entire holding of 54,58,330 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within October 31, 2021.
- Resumption after record date
Trading of the shares of the Company will resume on 03.10.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 30.09.2021.
- 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 from 28.09.2021 to 29.09.2021. Trading of the shares of the Company will remain suspended on record date i.e., 30.09.2021.
- Acquisition of Land
The company has informed the inform that the Government of Bangladesh has acquired 8.57 katha land located at 10 Panthapath, Dhaka, owned by Prime Finance & Investment Ltd. at a net compensation value of Tk. 36,04,80,166.00 (Taka Thirty Six Crore Four Lac Eighty Thousand One Hundred and Sixty Six Only). The Board of Directors has also decided to complete all necessary formalities in this regard.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.05 for January-March 2021 as against Tk. (0.05) for January-March 2020. Consolidated NOCFPS was Tk. (0.03) for January-March 2021 as against Tk. 0.12 for January-March 2020. Consolidated NAV per share was Tk. 11.81 as on March 31, 2021 and Tk. 11.76 as on December 31, 2020.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.04 for April-June 2021 as against Tk. (0.05) for April-June 2020; Consolidated EPS was Tk. 0.09 for January-June 2021 as against Tk. (0.09) for January-June 2020. Consolidated NOCFPS was Tk. 0.38 for January-June 2021 as against Tk. 0.07 for January-June 2020. Consolidated NAV per share was Tk. 11.85 as on June 30, 2021 and Tk. 11.76 as on December 30, 2020.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (01.09.2021) following its corporate declaration.
- Dividend Declaration
The Board of Directors has recommended No dividend for the year ended on December 31, 2020. Date of AGM: 28.10.2021, Time: 10:30 AM, Venue: Digital Platform. Record date: 30.09.2021. The Company has also reported Consolidated EPS of Tk. 0.14, Consolidated NAV per share of Tk. 11.76 and Consolidated NOCFPS of Tk. 0.30 for the year ended on December 31, 2020 as against Tk. 0.19, Tk. 8.94 and Tk. 0.09 respectively for the same period of the previous year.
- 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 August 31, 2021 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021 and Second Quarter (Q2) period ended on June 30, 2021.
- 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 August 31, 2021 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.
- Revaluation of land
The Company has informed that the Board of Directors has approved revaluation report of the 15 katha land at 10, Panthapath, Dhaka. The amount of land has been increased from Tk. 305,151,022.00 to Tk. 900,000,000.00. Revaluation surplus was Tk. 594,848,978.00.
- Credit Rating Information and Services Limited (CRISL) has rated the Company as "A+" in the long term and "ST-3" in the
Credit Rating Information and Services Limited (CRISL) has rated the Company as "A+" in the long term and "ST-3" in the short term along with a stable outlook based on audited financial statements of the Company up to December 31, 2019, unaudited financial up to 30 September,2020 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.