DSE:SAIHAMCOT

Saiham Cotton Mills Ltd. announcements

214 Dhaka Stock Exchange announcements for Saiham Cotton Mills Ltd. (SAIHAMCOT) since 2012: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (16).

  1. Q2

    EPS was Tk. 0.21 for August-October, 2015 as against Tk. 0.39 for August-October, 2014; EPS was Tk. 0.48 for May-October, 2015 as against Tk. 0.84 for May-October, 2014. NOCFPS was Tk. (0.44) for May-October, 2015 as against Tk. 2.53 for May-October, 2014. NAV per share was Tk. 25.41 as of October 31, 2015 and Tk. 24.89 as of October 31, 2014.

  2. Dividend Disbursement

    The Company has informed that bonus shares for the year ended on April 30, 2015 has been credited to the respective shareholders BO Accounts on November 15, 2015 and Cash Dividend has also been credited to the respective Bank Accounts through BEFTN on November 26, 2015.

  3. 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 30, 2015 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on October 31, 2015.

  4. Foreign Loan borrowing

    The Company has informed that the proposal of foreign borrowing of US$ 4.50 million only from Offshore Unit of the Hongkong & Shanghai Banking Corporation, Dhaka placed by Saiham Cotton Mills Ltd. was approved by Board of Investment. The loan bears 4.10% interest with 3 months LIBOR and to be paid within 20 equal quarterly installment.

  5. Resumption News after Record Date

    Normal trading of the shares of the Company will resume on 20.09.2015 after record date.

  6. Suspension News for Record Date

    Trading of the shares of the Company will remain suspended on record date i.e., 17.09.2015.

  7. Q1 Financials

    EPS for May-July, 2015 was Tk. 0.27 as against Tk. 0.40 for May-July, 2014; NOCFPS was Tk. 1.65 for May-July, 2015 as against Tk. (2.78) for May-July, 2014. NAV per share was Tk. 25.22 as of July 31, 2015 and Tk. 24.59 as of July 31, 2014.

  8. Spot News 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 15.09.2015 to 16.09.2015. Trading of the shares of the Company will remain suspended on record date i.e., 17.09.2015.

  9. Dividend Declaration

    The Board of Directors has recommended 5% cash dividend and 10% stock dividend for the year ended on April 30, 2015. Date of AGM: 28.10.2015, Time: 11:30 AM, Venue: Mill Premises, Noyapara, Saiham Nagar, Madhabpur, Habigonj. Record date: 17.09.2015. The Company has also reported EPS of Tk. 1.40, NAV per share of Tk. 24.91 and NOCFPS of Tk. 2.95 for the year ended on April 30, 2015 as against Tk. 1.48, Tk. 24.46 and Tk. 8.93 respectively for the year ended on April 30, 2014.

  10. Price Limit Open

    There will be no price limit on the trading of the shares of the Company today (30.08.2015) following its corporate declaration.

  11. Board Meeting

    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 August 27, 2015 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on April 30, 2015.

  12. Address Change

    The Company has informed that the Registered Office of the Company has been shifted from Asset Rosedale House No. 2, Road No. 55, Gulshan-2, Dhaka-1212 to Noyapara, P.O. Saiham Nagar, U.Z. Madhabpur, Dist. Habiganj.

  13. Query Response

    In response to a DSE query dated July 13, 2015, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

  14. Q3 Financials

    Net Profit after tax from Nov14 to Jan15 was Tk. 31.15 million with EPS of Tk. 0.23 as against Tk. 53.90 million and Tk. 0.40 respectively for the same period of the previous year. Whereas net profit after tax from May14 to Jan15 was Tk. 144.49 million with EPS of Tk. 1.07 as against Tk. 177.50 million and Tk. 1.31 respectively for the same period of the previous year.

  15. Completion of Transfer by Sponsor /Director

    S.M. Faisal, one of the Sponsors/Directors of the Company, has further reported that he has completed his transfer of 65,00,000 shares of the Company to his wife Yasmin Faisal, another Sponsor of the Company, by way of gift outside the trading system of the Exchange as announced earlier.

  16. Declaration of Transfer by Sponsor/ Director

    S.M. Faisal, one of the Sponsors/Directors of the Company, has expressed his intention to transfer 65,00,000 shares out of his total holding of 3,41,25,000 shares of the Company to his wife Yasmin Faisal, another Sponsor of the Company, by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.<br>

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.