Prime Textile Spinning Mills Limited announcements
260 Dhaka Stock Exchange announcements for Prime Textile Spinning Mills Limited (PRIMETEX) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (16).
- Regarding venue of AGM
Refer to their earlier news disseminated by DSE on 12.09.2024, the company has further informed that their 35th AGM will be held through Hybrid System. Physical Location: Abacus Convention Center, Red Cresent-Borak Tower, 71-72, Eskaton Garden, Ramna, Dhaka-1215. All other information will remain unchanged.
- Resumption after Record date
Trading of the shares of the company will resume on 03.10.2024.
- Suspension for Record date
Trading of the shares will remain suspended on record date i.e., 02.10.2024.
- 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 29.09.2024 to 01.10.2024 and trading of the shares of the company will remain suspended on record date i.e., 02.10.2024.
- Qualified Opinion
The auditor of the company has given the "Qualified Opinion" paragraph in the Auditor's Report of the company for the year ended June 30, 2023. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/September/PRIMETEX_2023.pdf
- Regarding venue of AGM of the company
Refer to their earlier news disseminated by DSE on 11.09.2024 regarding dividend declaration, the company has further informed that venue of the AGM will be notified later.
- The Board of Directors has recommended No dividend for the year ended June 30, 2023. Date of AGM: 24.10.2024, Time: 11:0
The Board of Directors has recommended No dividend for the year ended June 30, 2023. Date of AGM: 24.10.2024, Time: 11:00 AM. Record date: 02.10.2024. The Company has also reported EPS of Tk. (8.05), NAV per share of Tk. 64.83 and NOCFPS of Tk. (11.75) for the year ended June 30, 2023 as against Tk. 0.43, Tk. 74.65 and Tk. (1.10) respectively for the year ended June 30, 2022. (cont. 1)
- (cont. news of PRIMETEX): The Company has also informed that reason for significant deviation in EPS, NOCFPS and NAVPS a
(cont. news of PRIMETEX): The Company has also informed that reason for significant deviation in EPS, NOCFPS and NAVPS as follows: EPS decreased drastically due to decreasing of sales, increasing of raw material consumption costs per kg and also under utilization of capacity and also adjustment of profit and loss of associates in the year of 2023. (cont. 2)
The first part of this announcement is missing from the archive. - Dividend Declaration
(cont. news of PRIMETEX): NOCFPS has been decreased to Tk. (11.75) compared to the same of last year which was Tk. (1.10) per share due to payment to cost of goods sold, trade payable and operating expenses during the year. NAVPS has been decreased at the end of the reporting period due to the loss incurred for the year 2022-2023. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (11.09.2024) following its corporate declaration.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that, the Board meeting under LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on September 10, 2024 at 02:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
- In response to a DSE query dated 29.07.2024 to the company on information regarding their production status, the company
In response to a DSE query dated 29.07.2024 to the company on information regarding their production status, the company has informed, among others, as follows: \".......the company is unable to operate the mill at efficiency level for shortage of raw materials and the project is facing financial crisis. As a result, the company incurred huge losses which is highlighted in our un-audited 1st, 2nd and 3rd quarter (Q1, Q2 & Q3) Financial statements.......Due to (cont.1)
- (Continuation news of PRIMETEX): shortage of raw materials and electric & gas supply problems we decided at the moment t
(Continuation news of PRIMETEX): shortage of raw materials and electric & gas supply problems we decided at the moment to temporarily shutdown our factory as on 01.12.2023. We did not inform you earlier because we are trying our best to solve out these problems. But unfortunately, we were not able to overcome these problems, but still trying to this date. (cont.2)
The first part of this announcement is missing from the archive. - Information regarding production status of the company
(Continuation news of PRIMETEX): Under the above circumstances, at this moment we could not provide the information regarding production/operational status of our company for the last 6 (six) months, because production of our company for last 6 (six) months has been temporarily shutdown....." (end)
The first part of this announcement is missing from the archive. - Category Change
The Company will be placed in 'Z' category from existing 'B' category with effect from March 04, 2024 as per provision 1(b) of BSEC Order No. SEC/CMRRCD/2009-193/74(R) dated February 15, 2024.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Prime Textile Spinning Mills Limited with effect from March 04, 2024 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.