Paramount Textile PLC. announcements
243 Dhaka Stock Exchange announcements for Paramount Textile PLC. (PTL) since 2013: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (18).
- Issuance of Non-Convertible Zero Coupon Bond
The Company has informed that the Board of Directors has decided to issue Non-Convertible Zero Coupon Bond (ZBC), with an issue size of Tk. 50.00 crore only to meet up the ongoing financial requirements and control the finance cost within the fixed set limit, subject to approval from the BSEC and other Regulatory Authorities.
- Purchasing brand new capital machineries
The Company has informed that the Board of Directors has decided to purchase brand new capital machinery under the credit facilities of Pubali Bank Ltd. with the following specifications: Name of Machinery: After printed Washing machine with Cylinder dryer for knit & woven fabrics, Country of Origin: China, Mode of payment: 100% Irrevocable L/C at sight under UPAS, Price: US $ 11,30,000.00.
- Suspension for record date
Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2016.
- 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 17.11.2016 to 20.11.2016. Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2016.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.44 for July-September, 2016 as against Tk. 0.37 for July-September, 2015; NOCFPS was Tk. 0.25 for July-September, 2016 as against Tk. 2.36 for July-September, 2015. NAV per share was Tk. 21.87 as of September 30, 2016 and Tk. 21.57 as of September 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 November 14, 2016 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2016.
- Dividend Declaration
The Board of Directors has recommended 10% cash and 7% stock dividend for the year ended on June 30, 2016. Date of AGM: 10.12.2016, Time: 10:00 AM, Venue: Spectra Convention Center Ltd. (King's Hall), House # 19, Road # 07, Gulshan-1, Dhaka. Record Date: 21.11.2016. The Company has also reported EPS of Tk. 1.84, NAV per share of Tk. 21.42 and NOCFPS of Tk. 2.56 for the year ended on June 30, 2016 as against Tk. 1.77, Tk. 21.20 and Tk. 3.48 respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.10.2016) following its corporate declaration.
- Purchasing some brand new capital machineries
The Company has informed that the Board of Directors has decided to purchase some brand new capital machineries under the credit facilities of Pubali Bank Ltd. for the enhancement of existing production capacity, business and strengthening the compliance issues of the Company with the following specifications: Name of Machineries: Printing Machinery, Steam Ager, Fire Hydrants & Fire Alarm System, Mode of payments: 100% Irrevocable L/C at sight, Total Price: EURO: 5,47,000.00 and USD: 2,80,000.00.
- Purchasing brand new Capital Machinery
The Company has informed that the Board of Directors has decided to purchase brand new capital machinery under the credit facilities of Pubali Bank Ltd. for the enhancement of existing production capacity and business of the Company with the following specifications: Name of Machinery: Rotary Screen Printing & Sample Printing Machine, Country of Origin: Austria, Mode of payments: 100% Irrevocable & confirmed L/C, Total Price: Euro: 721,740.00.
- Purchasing a brand new capital machinery
The Company has informed that the Board of Directors has approved to purchase a brand new capital machinery with the following specifications: Name of Machinery: Electrical Low Voltage Panel & Busbar Trunking System, Countries of Origin: Europe & Malaysia, Mode of payments: 100% Irrevocable & confirmed L/C, payable from own source, Price: US$ 3,27,000.00.
- Purchasing a capital machinery
The Company has informed that the Board of Directors has decided to purchase a capital machinery for converting from Bio-chemical Effluent Treatment Plant to Biological Effluent Treatment Plant under the credit facilities of Pubali Bank Ltd. with the following specifications: Name of Machineries: Discharge with lamella packs clarifier, Countries of Origin: European Community, Supplier Name: Panta Rei water solutions, Mode of payments: 100% Irrevocable L/C at sight, Price: Euro 4,45,000.00.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.53 for January-March, 2016 as against Tk. 0.44 for January-March, 2015; EPS was Tk. 1.39 for July, 2015-March, 2016 as against Tk. 1.36 for July, 2014-March, 2015. NOCFPS was Tk. 1.76 for July, 2015-March, 2016 as against Tk. 0.67 for July, 2014-March, 2015. NAV per share was Tk. 20.97 as of March 31, 2016 and Tk. 21.20 as of June 30, 2015.
- Credit Rating Result
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 financials of the Company up to June 30, 2015, unaudited financials up to December 31, 2015 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- 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 April 28, 2016 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2016.
- Q2 Financials
EPS was Tk. 0.49 for October-December, 2015 as against Tk. 0.50 for October-December, 2014; EPS was Tk. 0.86 for July-December, 2015 as against Tk. 0.92 for July-December, 2014. NOCFPS was Tk. 3.95 for July-December, 2015 as against Tk. (3.42) for July-December, 2014. NAV per share was Tk. 20.44 as of December 31, 2015 and Tk. 20.37 as of December 31, 2014.
- 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 30, 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.
- Purchasing brand
The Company has informed that the Board of Directors has approved to purchase 2 brand new capital machineries under the credit facilities of Pubali Bank Ltd. Dhaka and HSBC Ltd. Dhaka with the following specifications: Name of Machineries: Twisting Machine (4 sets) & Doubling machine with standard accessories, Countries of Origin: P. R. China, Mode of payments: 100% Irrevocable L/C at sight (UPAS) and 100% Irrevocable & confirmed L/C at sight (UPAS), Price: US $ 1,92,000.00 and US $ 88,900.00 respectively.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.