SAIF Powertec Limited announcements
196 Dhaka Stock Exchange announcements for SAIF Powertec Limited (SAIFPOWER) since 2014: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (18).
- Resumption after record date
Trading of the shares of the Company will resume on 19.11.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 16.11.2017.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.75 for July-September, 2017 as against Tk. 0.86 for July-September, 2016; Consolidated NOCFPS was Tk. 0.69 for July-September, 2017 as against Tk. (0.41) for July-September, 2016. Consolidated NAV per share was Tk. 19.87 as on September 30, 2017 and Tk. 19.11 as on June 30, 2017.
- 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 with cum benefit from 14.11.2017 to 15.11.2017. Trading of the shares of the Company will remain suspended on record date i.e., 16.11.2017.
- 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 3:30 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 and Revision of Rights Issue Fund Utilization
The Board of Directors has recommended 5% cash dividend for shareholders excluding the Sponsors/Directors and 28% stock dividend for all shareholders for the year ended on June 30, 2017. The Sponsors/Directors hold 9,31,75,832 shares out of total 23,25,90,696 shares of the Company and the cash dividend to be payable to the General shareholders is Tk. 6,97,07,432.00. The Board of Directors has also taken decision for revision of rights issue fund utilization which was as un-utilized, subject to (cont.) (Continuation news of SAIFPOWER): the approval of Shareholders and Regulatory Authorities. Date of AGM: 20.12.2017, Time: 11:00 AM, Venue: Army Golf Club, Dhaka Cantonment, Dhaka. Record Date: 16.11.2017. The Company has also reported Consolidated EPS of Tk. 3.22, Consolidated NAV per share of Tk. 19.11 and Consolidated NOCFPS of Tk. 3.63 for the year ended on 30.06.2017 as against Tk. 2.11 (restated), Tk. 23.22 and Tk. 7.57 respectively for the same period of the previous year. (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.10.2017) 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 28, 2017 at 9:30 AM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
- Commencement of production of new Battery unit
The Company has informed that the production of new Battery unit of the Company, situated at Pubail, Gazipur, Dhaka, financed out of IPO & own fund, will be commenced from August 05, 2017. Initially the estimated production from Battery unit will be 2,65,000 Pcs. (Approx.) in the current year 2017-2018 and it will be increased to 5,50,000 Pcs (Approx.) by the end of the next year 2018-2019. The production will gradually be increased to 6,50,000 Pcs. (Approx.) later on.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 1.51 for January-March, 2017 as against Tk. 0.87 for January-March, 2016; Consolidated EPS was Tk. 4.52 for July, 2016-March, 2017 as against Tk. 2.57 for July, 2015-March, 2016. Consolidated NOCFPS was Tk. 2.89 for July, 2016-March, 2017 as against Tk. 7.49 for July, 2015-March, 2016. NAV per share was Tk. 22.41 as of March 31, 2017 and Tk. 23.22 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 April 29, 2017 at 11:00 AM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.
- Rights share Credited on BO Account
The Company has informed that it has credited Rights shares to the respective shareholders' BO account on April 06, 2017.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 07.02.2017 for Rights entitlement.
- Record date for Rights entitlement
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 the entitlement of Rights shares from 05.02.2017 to 06.02.2017. Trading of the shares of the Company will remain suspended on record date i.e., 07.02.2017.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 1.60 for October-December, 2016 as against Tk. 0.86 (restated) for October-December, 2015; Consolidated EPS was Tk. 3.01 for July-December, 2016 as against Tk. 1.70 (restated) for July-December, 2015. Consolidated NOCFPS was Tk. 1.61 for July-December, 2016 as against Tk. 7.15 (restated) for July-December, 2015. Consolidated NAV per share (with Revaluation) was Tk. 20.90 as of December 31, 2016 and Tk. 23.22 as of June 30, 2016 and Consolidated NAV per share (without Revaluation) was Tk. 20.19 as of December 31, 2016 and Tk. 22.32 as of June 30, 2016
- BSEC Approval for issuance of Right Shares
The Company has informed that BSEC has accorded approval for raising paid up capital through issuance of 116,295,348 Ordinary shares of Tk. 10.00 each at an issue price of Tk. 15.00 including a premium of Tk. 5.00 per share totaling Tk. 174,44,30,220.00 at a ratio of 1R:1 (1 Right Share for every share hold on the Record Date) subject to the condition that the Company shall comply with the Rights Issue Rules, 2006 and other relevant laws and regulatory requirements. The purpose of the rights issuance is for expansion of the battery project and to pay off debts of the Company.
- Subscription period and Record date for Rights Issuance
The Company has further informed that the subscription period for rights issue will be from 28.02.2017 to 20.03.2017. Record date for entitlement of rights share: 07.02.2017.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended on June 30, 2016 to the respective shareholders' BO Accounts on January 05, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.