Regent Textile Mills Limited announcements
200 Dhaka Stock Exchange announcements for Regent Textile Mills Limited (REGENTTEX) since 2015: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (25).
- Change of venue for EGM and AGM
The Company has further informed that due to unavoidable circumstances, the Company has changed the venue for AGM and EGM from Rima Convention Center, 80, S. S. Khaled Road (North East Corner of Ashkaar Dighi), Chittagong to Shoronika Community Centre, 13 Love Lane, Chittagong-4000. Other information of AGM and EGM will remain unchanged.
- Time and Venue of EGM and AGM
The Company has further informed that the EGM and AGM of the Company will now be held on December 21, 2017, Time of EGM & AGM: 10:30 AM & 11:00 AM respectively at Rima Convention Center, 80, S. S. Khaled Road (North East Corner of Ashkaar Dighi), Chitagong. Other information will remain unchanged.
- 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 stable outlook in consideration of its audited financials up to June 30, 2017, unaudited financials up to September 30, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Resumption after record date
Trading of the shares of the Company will resume on 26.11.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 23.11.2017 for EGM and AGM.
- Spot for EGM & 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 21.11.2017 to 22.11.2017. Trading of the shares of the Company will remain suspended on record date i.e., 23.11.2017 for EGM and AGM.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.29 for July-September, 2017 as against Tk. 0.27 for July-September, 2016; NOCFPS was Tk. (0.37) for July-September, 2017 as against Tk. 0.03 for July-September, 2016. NAV per share was Tk. 30.41 as on September 30, 2017 and Tk. 30.12 as on June 30, 2017.
- 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, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.
- Dividend Declaration & extend IPO fund utilization time for BMRE
The Board of Directors has recommended 10% cash dividend for general shareholders only (excluding Sponsors/Directors) for the year ended on June 30, 2017. The Sponsors/Directors hold 6,29,99,996 shares out of total 11,55,00,000 shares of the Company and general shareholders will get cash dividend of Tk. 5,25,00,004.00. The Board of Directors has also decided to pass Special Resolution to extend the IPO fund utilization time for BMRE up to October 2018 and (cont. 1) (Continuation news of REGENTTEX): Venue: will be notified later on. Record Date for EGM & AGM: 23.11.2017. The Company has also reported EPS of Tk. 1.21, NAV per share of Tk. 30.12 and NOCFPS of Tk. (2.08) for the year ended on June 30, 2017 which was Tk. 1.88 (restated), Tk. 31.37 and Tk. 2.84 (restated) respectively for the 18 months period from January 01, 2015 to June 30, 2016. (end) (Continuation news of REGENTTEX): New RMG project up to December 2018 from the existing time schedule and may acquiring a fully compliant RMG factory running with profitability i.e. mode change of RMG project and un-utilized portion of IPO Expenses to be used in capital machineries procurement purpose, subject to general shareholders' approval in the EGM. Date of EGM & AGM: 21.12.2017, Time of EGM & AGM: 3:30 PM & 4:00 PM respectively, (cont.2)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (01.11.2017) 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 31, 2017 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
- Opening a Letter of Credit to import Capital Machineries
The Company has informed that it has opened Letter of Credit (LC) to import Capital Machineries worth US$ 7.104 million from Germany, Netherlands, Italy and China. The said machineries will be installed under the BMRE of new Textile unit. The Company has informed that it has opened a Letter of Credit (LC) to import Capital Machineries worth US$ 7.104 million from Germany, Netherlands, Italy and China. The said machineries will be installed under the BMRE of new Textile unit.
- Query Response
In response to a DSE query dated June 21, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Query Response (Correction news)
(Correction News): In response to a DSE query dated June 21, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual increase in trading volume.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.30 for January-March, 2017 as against Tk. 0.27 for January-March, 2016; EPS was Tk. 0.83 for July, 2016-March, 2017 as against Tk. 0.68 for July, 2015-March, 2016. NOCFPS was Tk. 0.04 for July, 2016-March, 2017 as against Tk. (0.08) for July, 2015-March, 2016. NAV per share was Tk. 29.86 as on March 31, 2017 and Tk. 31.37 as on June 30, 2016.
- Reschedule of Board Meeting schedule under LR 16(1)
The Company has further informed that meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on May 30, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.
- Enquiry Committee formed by BSEC
BSEC NEWS: Bangladesh Securities and Exchange Commission (BSEC) has formed an enquiry committee to investigate into unusual price increase in shares of Regent Textile Mills Limited in the Stock Exchanges (BSEC Order No. BSEC/Surveillance/2011-0754/797 dated May 17, 2017).
- Postponement of board meeting under Regulation 16(1)
The Company has further informed that due to unavoidable circumstances the meeting of the Board of Directors as Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017, which was scheduled to be held on April 29, 2017 at 4:30 PM, has been postponed. The new date and time of the meeting will be notified later.
- 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 29, 2017 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, 2017.
- Query Response (Repeat News)
(Repeat News): In response to a DSE query dated April 09, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Query Response
In response to a DSE query dated April 09, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.25 for October-December, 2016 as against Tk. 0.15 for October-December, 2015; EPS was Tk. 0.51 for July-December, 2016 as against Tk. 0.39 for July-December, 2015. NOCFPS was Tk. 0.86 for July-December, 2016 as against Tk. (0.08) for July-December, 2015. NAV per share was Tk. 29.21 as of December 31, 2016 and Tk. 31.37 as of June 30, 2016.
- 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 28, 2017 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, 2016.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares to the respective shareholders' BO Accounts on December 07, 2016. 5% Cash dividend for the year 2015 and 5% Cash dividend for the additional 6 months period ended on June, 30, 2016 and fractional stock dividend amount have been distributed to the shareholders ' bank Accounts (cont.)
- Prohibition on providing loan
DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase any security of Regent Textiles Mills Ltd. in between 1st to 30th trading day after change of categorization, starting from January 04, 2017 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.