Queen South Textile Mills Limited announcements
136 Dhaka Stock Exchange announcements for Queen South Textile Mills Limited (QUEENSOUTH) since 2018: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (22).
- Regarding AGM venue and Link
Refer to their earlier news disseminated by DSE on 03.11.2024 regarding dividend declaration, the company has further informed that the AGM of the company will be held on December 31, 2024 at 10 AM at Gonoshasthaya P H A, 22 mail, Gono University Road, Mirzanagar, via: Savar Cantonment, Ashulia, Savar, Dhaka-1344, members can also join by using digital platform through the link https://queensouth.bdvirtualagm.com.
- Qualified Opinion
The auditor of the company has given a "Qualified Opinion" 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/QUEENSOUNTH_2024.pdf
- Resumption after Record Date
Trading of the shares of the company will resume on 01.12.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date, i.e., 28.11.2024.
- 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 26.11.2024 to 27.11.2024 and trading of the shares will remain suspended on record date i.e., 28.11.2024.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.08 for July-September 2024 as against Tk. 0.07 for July-September 2023; NOCFPS was Tk. (0.23) for July-September 2024 as against Tk. (0.97) for July-September 2023. NAV per share was Tk. 15.80 as on September 30, 2024 and Tk. 15.71 as on June 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 November 13, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- The Board of Directors has recommended 2.00\% Cash dividend only for General Shareholders excluding Sponsors & Directors
The Board of Directors has recommended 2.00\% Cash dividend only for General Shareholders excluding Sponsors & Directors for the year ended June 30, 2024. The quantities of securities held by the said sponsors and/or directors who will not be entitled to recommended dividend: 81,236,072 shares. The amount payable to the general shareholders is Tk. 14,273,073.40. Date of AGM: 31.12.2024. AGM Venue and time will be notified later. Record Date: 28.11.2024. (cont.)
- Dividend Declaration
(Cont. news of QUEENSOUTH): The Company has also reported Basic & Diluted EPS of Tk. 0.30, NAV per share of Tk. 15.71 and NOCFPS of Tk. 1.09 for the year ended June 30, 2024 as against Tk. 0.81, Tk. 15.68 and Tk. 4.58 respectively for the year ended June 30, 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 (03.11.2024) following its corporate declaration.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that due to unavoidable circumstances, the Board meeting under Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on October 31, 2024 at 4:00 PM instead of October 28, 2024 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- 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 28, 2024 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.11 for January-March 2024 as against Tk. 0.18 for January-March 2023; EPS was Tk. 0.23 for July 2023-March 2024 as against Tk. 0.74 for July 2022-March 2023. NOCFPS was Tk. 1.99 for July 2023-March 2024 as against Tk. 2.29 for July 2022-March 2023. NAV per share was Tk. 15.64 as on March 31, 2024 and Tk. 15.68 as on June 30, 2023.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
- 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 30, 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.
- Credit Rating Result
Alpha Credit Rating Limited has assigned surveillance rating of the Company as "A" in the long term and "ST-2" in the short term along with Stable outlook based on audited financial statements as on June 30, 2023 and relevant qualitative information till April 08, 2024.
- Appointment of CEO
The Company has informed that Brigadier General (Retd.) Mr. Asif Ahmed has assumed the role of Chief Executive Officer (CEO) from February 03, 2024.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.05 for October-December 2023 as against Tk. 0.25 for October-December 2022; EPS was Tk. 0.12 for July-December 2023 as against Tk. 0.56 for July-December 2022. NOCFPS was Tk. (1.13) for July-December 2023 as against Tk. 2.68 for July-December 2022. NAV per share was Tk. 15.52 as on December 31, 2023 and Tk. 15.68 as on June 30, 2023.
- Decision to form a new company named QS Widex Solar (BD) Ltd.
The Company has informed that the Board of Directors of the Company has decided to form a new company named QS Widex Solar (BD) Ltd. where Queen South Textile Mills Ltd. shall acquire 51% share of total share capital.
- Regarding purchase of Factory Building along with other properties
The Company has informed that the Board of Directors has considered to purchase Factory Building, Plot No. 131, DEPZ (Extension Area) consisting a land area of 2,000 sqm and as per Factory Inventory List for a total value of BDT. 45,000,000.00.
- 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 30, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
- Category Change
The Company will be placed in 'B' category from existing 'A' category with effect from January 02, 2024 as the Company has approved 6% Cash Dividend for the year ended June 30, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.