S. Alam Cold Rolled Steels Limited announcements
311 Dhaka Stock Exchange announcements for S. Alam Cold Rolled Steels Limited (SALAMCRST) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (23).
- Credit Rating Result
Alpha Credit Rating Limited (AlphaRating) has rated the Company as "A+" in the long term and "AR-3" in the short term along with a stable outlook based on audited financial statements of the Company as on September 30, 2015, 9 months audited financial statement of June 30, 2016 and relevant qualitative information up to November 29, 2016.
- Resumption after record date
Trading of the shares of the Company will resume on 08.11.2016 after record date.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.19 for July-September, 2016; Consolidated NOCFPS was Tk. 0.29 for July-September 2016. Consolidated NAV per share was Tk. 19.63 as of September 30, 2016 and Tk. 19.44 as of June 30, 2016.
- Suspension for record date
Trading of the shares of the Company will remain suspended on record date i.e., 07.11.2016.
- 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 03.11.2016 to 06.11.2016. Trading of the shares of the Company will remain suspended on record date i.e., 07.11.2016.
- 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 03, 2016 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, 2016.
- Dividend Declaration
The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2016. Date of AGM: 07.01.2017, Time: 11:00 AM, Venue: Chittagong Club Ltd., S.S. Khaled Road, Chittagong. Record date: 07.11.2016. The Company has also reported EPS of Tk. 1.08, NAV per share of Tk. 19.44 and NOCFPS of Tk. 6.85 for the period of 9 months ended on June 30, 2016 which were Tk. 1.23, Tk. 19.86 and Tk. (19.47) respectively for the period of 12 months ended on September 09, 2015.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (02.10.2016) following its corporate declaration.
- 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 October 01, 2016 at 11:00 AM to consider, among others, audited financial statements of the Company for the period of 9 months from October 01, 2015 to June 30, 2016.
- Commercial operation of power plant
The Company has informed that the Board of Directors of the S. Alam Power Generation Limited, a 70% subsidiary of the S. Alam Cold Rolled Steels Limited, in its Meeting held on 27/08/2016 considered, the agenda as to commencement of commercial operation of its captive power plant project, and being satisfied at its testing and commissioning report, resolved unanimously to start on and from 28/08/2016, commercial operation of its 17 MWe captive Power Plant consisting of 2 Units of brand new Wartsila W20V32GD supplied, along with related auxiliaries, by Sojitz Machinery Corporation of Osaka, Japan at a project cost so far made of Tk. 24,60,045.00 (subject to further provision in due course of a few expenses in respect thereof) to produce electricity primarily to ensure regular uninterrupted power supply to the projects of S. Alam Cold Rolled Steels Limited and sell the excess, if any, to the Rural Electricity Board (REB) and others as may be approved in this behalf by the regulatory authorities. The annual turnover of the S. Alam Power Generation Limited from the said power project shall be expected to be around Tk. 108.00 Crore, if the electricity it produces at the rated capacity could be sold. The Board of Directors of S. Alam Cold Rolled Steels Limited at its 132nd Meeting held this day has concurred with the decision of the Board of Directors of the S. Alam Power Generation Limited as aforesaid.
- Q2 Financials
Consolidated EPS was Tk. 0.62 for January-March 2016 as against Tk. 0.47 for January-March 2015; Consolidated EPS was Tk. 0.84 for October, 2015-March, 2016 as against Tk. 0.87 for October, 2014-March, 2015. Consolidated NOCFPS was Tk. (0.57) for October, 2015-March, 2016 as against Tk. (7.23) for October, 2014-March, 2015. Consolidated NAV per share was Tk. 19.21 as of March 31, 2016 and Tk. 19.86 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 April 27, 2016 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Half-yearly (Q2) period ended on March 31, 2016.
- Cash Dividend Disbursement
The Company has informed that cash dividend for the year 2015 is being remitted to the shareholders respective bank account through BEFTN. The Company has requested the concerned shareholders of the regions other than Chittagong, Cox's Bazar and Chittagong Hill Districts regions to collect their dividend warrants on all working days from 10.04.2016 to 13.04.2016 during 10:00 AM to 05:00 PM from its Liaison Office at Sharif Mansion (6th Floor), 56-57, Motijheel C/A, Dhaka-1000, while the shareholders of the Chittagong, Cox's Bazar and Chittagong Hill Districts regions have been requested to collect their dividend warrants simultaneously from the Registered Office of the Company at S. Alam Bhaban, 2119, Asadgonj, Chittagong.
- Resumption after Record date
Normal trading of the shares of the Company will resume on 31.01.2016 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 28.01.2016.
- 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 26.01.2016 to 27.01.2016. Trading of the shares of the Company will remain suspended on record date i.e., 28.01.2016.
- Dividend Declaration
The Board of Directors has recommended 15% cash dividend for the year ended on September 30, 2015. Date of AGM: 19.03.2016, Time: 11:00 AM, Venue: Chittagong Club Limited, S. S. Khaled Road, Chittagong. Record Date: 28.01.2016. The Company has also reported consolidated net profit after tax of Tk. 120.70 million, consolidated EPS of Tk. 1.23, consolidated NAV per share of Tk. 19.86 and consolidated NOCFPS of Tk. (19.47) for the year ended on September 30, 2015 as against Tk. 95.43 million, Tk. 0.98, Tk. 20.12 and Tk. 6.47 respectively for the year ended on September 30, 2014.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (10.01.2016) following its corporate declaration.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS for October - December, 2015 was Tk. 0.22 as against Tk. 0.39 for October - December, 2014; Consolidated NOCFPS was Tk. 0.56 for October - December, 2015 as against Tk. (2.10) for October - December, 2014. Consolidated NAV per share was Tk. 20.09 as of December 31, 2015 and Tk. 19.86 as of September 30, 2015.
- Updating of information
The Company has requested the concerned Brokerage Houses & Merchant Banks to provide a statement with details (Shareholders name, BO ID Number, 12 digit e-TIN Number, quantity of shares held, Gross Dividend receivable, Applicable tax rate and net dividend receivable) of their margin loan holders who hold shares of the company on the record date along with the name and mobile number of the contact person, on or before 18th March, 2016.
- Furnishing 12 digit e-TIN
The Company has requested the shareholders to update their 12 digit e-TIN number, Bank Accounts number and its routing number, Address, Mobile No. in the BO Account through their respective DPs before the record date. If anyone fails to update their e-TIN information before record date, income tax at source will be deducted @15% instead of 10% from the payable dividend.
- 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 January 09, 2016 at 11:00 AM to consider, among others, audited financial statements of the Company for the year ended on September 30, 2015.
- 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 09, 2016 at 12:00 noon to consider, among others, un - audited financial statements of the Company for the First Quarter (Q1) period ended on December 31, 2015.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.