Summit Alliance Port Limited announcements
350 Dhaka Stock Exchange announcements for Summit Alliance Port Limited (SAPORTL) since 2008: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2009 (45).
- The company has informed that in response to their application dated 22 June 2009, the Board of Directors of Chittagong
The company has informed that in response to their application dated 22 June 2009, the Board of Directors of Chittagong Stock Exchange Limited (CSE) in their meeting held on 3 November 2009 approved direct listing of Ocean Containers Limited, 100%- owned subsidiary of Summit Alliance Port Ltd. under Chittagong Stock Exchange (Direct Listing) Regulations, 2006 subject to compliance of requirements specified by CSE, vide letter dated 3 November 2009 addressed to Ocean Containers Limited.
- The company has informed that the un-audited consolidated net profit after tax of the company for the 3rd quarter ended
The company has informed that the un-audited consolidated net profit after tax of the company for the 3rd quarter ended on September 30, 2009 (from July to September 30, 2009) stood at Tk. 24.10 million with EPS of Tk. 2.74. Whereas net profit after tax was Tk. 124.60 million with EPS of Tk. 14.17 for the period of nine months ended on 30.09.09.
- The Company has further informed through verbal communication that at present there is no financial benefit from the ven
The Company has further informed through verbal communication that at present there is no financial benefit from the venture as mentioned in the earlier news disseminated today. However, if the tender is awarded in favour of the company then there may have financial benefit from the said venture.
- The company has informed that the Board of Directors has decided that the company shall join the venture with APM Termin
The company has informed that the Board of Directors has decided that the company shall join the venture with APM Terminal B.V. (APMT) of The Netherlands and Industrialization Fund for Developing Countries (IFU) of Denmark to take part in the tendering process of Chittagong Port Authority (CPA) for the job relating to "Operation and Management of the New Mooring Chittagong Container Terminal (NMCT) on Supply Operate and Transfer (SOT)" basis. The Board has approved Memorandum of Understanding (MOU), as tabled in the meeting, containing agreed terms of the Consortium with APMT and IFU for Operation and Management of the New Mooring Chittagong Container Terminal (NMCT).
- The company has informed that the Board of Directors of the company has resolved that 1,758,294 Ordinary Shares of Tk. 1
The company has informed that the Board of Directors of the company has resolved that 1,758,294 Ordinary Shares of Tk. 100.00 each of Cemcor Limited representing approximately 100% of the Company's Capital, now held by Switzerland based Holcim (Bangladesh) Limited be purchased at the offered price of Tk. 176,000,000.00 in order to own the 14 Acres of land located at West Mukhtarpur in the district of Munshigonj.
- As per un-audited half yearly accounts as on 30.06.09, the company has reported consolidated profit after tax of Tk. 100
As per un-audited half yearly accounts as on 30.06.09, the company has reported consolidated profit after tax of Tk. 100.50 m with consolidated EPS of Tk. 11.43 as against last year's half yearly of Tk. 51.59 m and Tk. 10.32 respectively.
- The company will be placed in "A" category from existing "N" category with effect from 05.07.09 as the company reported
The company will be placed in "A" category from existing "N" category with effect from 05.07.09 as the company reported disbursement of cash dividend @ 10% and stock dividend @ 20% for the year 2008.
- In response to DSE query, the company has informed that approx 100% owned subsidiary of Summit Alliance Port Limited nam
In response to DSE query, the company has informed that approx 100% owned subsidiary of Summit Alliance Port Limited namely Ocean Containers Ltd. (OCL), has filed applications for direct listing of its shares to DSE and CSE with a view to offloading upto 50% of its shares, i.e. upto 11,900,000 Ordinary Shares of Tk. 10 each. The company has extremely regretted for the inadvertent mistake regarding non-dissemination of above mentioned price sensitive information timely. Considering the above, trading of the shares of the company will resume at 1:00 p.m.
- Considering the submission of a letter of the company regarding inadvertent omission in disclosing relevant price sensit
Considering the submission of a letter of the company regarding inadvertent omission in disclosing relevant price sensitive information, the Commission has cautioned the company to ensure strict compliance of Securities related laws in future. At the same time, SEC has advised the company to disseminate the relevant price sensitive information as per concerned securities related laws immediately upon receipt of this letter under intimation to SEC.
- Trading of the shares of the company will remain halted pending further decision as the company did not disseminate Pric
Trading of the shares of the company will remain halted pending further decision as the company did not disseminate Price Sensitive Information regarding application for Direct Listing of one of its almost 100% subsidiary namely Ocean Containers Ltd.
- Trading of the shares of the company will remain halted pending further decision as the company did not disseminate Pric
Trading of the shares of the company will remain halted pending further decision as the company did not disseminate Price Sensitive Information regarding application for Direct Listing of one of its almost 100% subsidiary namely Ocean Containers Ltd.
- Trading of the shares of the company will remain halted pending further decision as the company did not disseminate Pric
Trading of the shares of the company will remain halted pending further decision as the company did not disseminate Price Sensitive Information regarding application for Direct Listing of one of its almost 100% subsidiary namely Ocean Containers Ltd.
- Summit Industrial & Mercantile Corporation (Pvt.) Ltd., Alliance Holdings Ltd. and Cosmopolitan Traders (Pvt.) Ltd., all
Summit Industrial & Mercantile Corporation (Pvt.) Ltd., Alliance Holdings Ltd. and Cosmopolitan Traders (Pvt.) Ltd., all are Corporate Sponsors of the company, have further reported that they have completed their sale of 60,000 shares, 1,20,000 shares and 60,000 shares respectively at prevailing market price through Stock Exchange as announced earlier.
- Trading of the shares of the company will remain halted as the company did not disseminate Price Sensitive Information r
Trading of the shares of the company will remain halted as the company did not disseminate Price Sensitive Information regarding application for Direct Listing of one of its almost 100% subsidiary namely Ocean Containers Ltd. DSE has made a query to the company in this regard.
- Summit Industrial & Mercantile Corporation (Pvt.) Ltd., Alliance Holdings Ltd. and Cosmopolitan Traders (Pvt.) Ltd. all
Summit Industrial & Mercantile Corporation (Pvt.) Ltd., Alliance Holdings Ltd. and Cosmopolitan Traders (Pvt.) Ltd. all are Corporate Sponsors of the company, have reported their intention to sell 60,000 shares, 1,20,000 shares and 60,000 shares (Bonus shares) out of their total holdings of 5,69,261 shares, 27,52,291 shares and 5,69,261 shares respectively at prevailing market price through Stock Exchange within next 30 working days.
- The company has informed that it has finalized a deal with APL (Bangladesh) Private Limited to provide Off-Dock Containe
The company has informed that it has finalized a deal with APL (Bangladesh) Private Limited to provide Off-Dock Container Yard and Container Freight Station Services for their entire Bangladesh business volume of the both Logistics and Liner Operation. The Agreement is initially for three years with the option to renew for a further period of 2-years at the end of the initial contract term based on the same terms and conditions. The expected annual turnover from this deal will be around Tk. 100 million in the first year with 10% growth every year. The company expects a NPBT of around 25% of the Annual Revenue. The company is yet to get the signed copy of the Contract from APL.
- Ms. Anjuman Aziz Khan, one of the Sponsors of the company, has further reported that she has completed her sale of 60,00
Ms. Anjuman Aziz Khan, one of the Sponsors of the company, has further reported that she has completed her sale of 60,000 shares of the company at prevailing market price through Stock Exchange as announced earlier.
- Ms. Azeeza Aziz Khan, one of the Sponsors of the company, has further reported that she has completed her sale of 72,000
Ms. Azeeza Aziz Khan, one of the Sponsors of the company, has further reported that she has completed her sale of 72,000 shares of the company at prevailing market price through Stock Exchange as announced earlier.
- Alliance Holdings Ltd., one of the Corporate Sponsors of the company, has further reported that it has completed its sal
Alliance Holdings Ltd., one of the Corporate Sponsors of the company, has further reported that it has completed its sale of 1,44,000 shares of the company at prevailing market price through Stock Exchange as announced earlier. Alliance Holdings Ltd., one of the Corporate Sponsors of the company, has further reported that it has completed its sale of 1,32,000 shares of the company at prevailing market price through Stock Exchange as announced earlier.
- Ms. Adeeba Aziz Khan, one of the Sponsors of the company, has further reported that she has completed her sale of 72,000
Ms. Adeeba Aziz Khan, one of the Sponsors of the company, has further reported that she has completed her sale of 72,000 shares of the company at prevailing market price through Stock Exchange as announced earlier.
- Ms. Ayesha Aziz Khan, one of the Sponsors of the company, has further reported that she has completed her sale of 72,000
Ms. Ayesha Aziz Khan, one of the Sponsors of the company, has further reported that she has completed her sale of 72,000 shares of the company at prevailing market price through Stock Exchange as announced earlier.
- Alliance Holdings Ltd., one of the Corporate Sponsors of the company, has reported its intention to sell 1,32,000 shares
Alliance Holdings Ltd., one of the Corporate Sponsors of the company, has reported its intention to sell 1,32,000 shares (Bonus shares) out of its total holdings of 22,52,640 shares of the company at prevailing market price through Stock Exchange within next 30 working days.
- Ms. Azeeza Aziz Khan, one of the Sponsors of the company, has reported her intention to sell 72,000 shares (Bonus shares
Ms. Azeeza Aziz Khan, one of the Sponsors of the company, has reported her intention to sell 72,000 shares (Bonus shares) out of her total holdings of 4,32,000 shares of the company at prevailing market price through Stock Exchange within next 30 working days.
- Ms. Anjuman Aziz Khan, one of the Sponsors of the company, has reported her intention to sell 60,000 shares (Bonus share
Ms. Anjuman Aziz Khan, one of the Sponsors of the company, has reported her intention to sell 60,000 shares (Bonus shares) out of her total holdings of 3,60,000 shares of the company at prevailing market price through Stock Exchange within next 30 working days.
- The Company has further informed that the dividend warrants for the year 2008 will be distributed from 01.06.09 to 04.06
The Company has further informed that the dividend warrants for the year 2008 will be distributed from 01.06.09 to 04.06.09 on all working days from 9:30 a. m. to 4:00 p. m. from their Corporate Office at Summit Centre, 18 Kawran Bazar, Dhaka-1215.
- The Company has requested the concerned shareholders to collect their dividend warrants for the year 2008 from 01.06.09
The Company has requested the concerned shareholders to collect their dividend warrants for the year 2008 from 01.06.09 to 04.06.09 on all working days from 9:30 a. m. to 4:00 p. m.
- Alliance Holdings Ltd., one of the Corporate Sponsors of the company, has reported its intention to sell 1,44,000 shares
Alliance Holdings Ltd., one of the Corporate Sponsors of the company, has reported its intention to sell 1,44,000 shares (Bonus shares) out of its total holdings of 23,96,640 shares of the company at prevailing market price through Stock Exchange within next 30 working days.
- Ms. Adeeba Aziz Khan, one of the Sponsors of the company, has reported her intention to sell 72,000 shares (Bonus shares
Ms. Adeeba Aziz Khan, one of the Sponsors of the company, has reported her intention to sell 72,000 shares (Bonus shares) out of her total holdings of 4,32,000 shares of the company at prevailing market price through Stock Exchange within next 30 working days.
- Ms. Ayesha Aziz Khan, one of the Sponsors of the company, has reported her intention to sell 72,000 shares (Bonus shares
Ms. Ayesha Aziz Khan, one of the Sponsors of the company, has reported her intention to sell 72,000 shares (Bonus shares) out of her total holdings of 4,32,000 shares of the company at prevailing market price through Stock Exchange within next 30 working days.
- The company has informed that SEC has given consent to issue capital at Tk. 279,014,600.00 divided into 2,790,146 Ordina
The company has informed that SEC has given consent to issue capital at Tk. 279,014,600.00 divided into 2,790,146 Ordinary Shares of Tk. 100.00 each, against acquisition of approximately 100% shares of Ocean Containers Limited (Ocean Containers) (i.e. 23,799,945 shares) aggregating Tk. 237,999,450 by exchange of one Summit Alliance Share for eight point fifty three Ocean Containers Shares pursuant to Section 155 (2) of the Companies Act, 1994 read together with the Securities and Exchange Commission (Issue of Capital) Rules 2001.
- SEC has given consent for raising the paid up capital of the company to Tk. 87,90,14,600.00 only through issuance of 27,
SEC has given consent for raising the paid up capital of the company to Tk. 87,90,14,600.00 only through issuance of 27,90,146 ordinary shares of Tk. 100.00 each at par totaling Tk. 27,90,14,600.00. The consent has been accorded subject to the condition that the company shall comply with the relevant laws and regulatory requirements and also the conditions imposed under Section-2CC of the Securities and Exchange Ordinance, 1969 by SEC.
- The company has informed that it has credited the stock dividend for the year 2008 to the respective shareholders' BO Ac
The company has informed that it has credited the stock dividend for the year 2008 to the respective shareholders' BO Accounts.
- In response to a DSE query, the company has informed that they are not aware of any event that can have impact on tradin
In response to a DSE query, the company has informed that they are not aware of any event that can have impact on trading of their company's share other than their recent decision for "Acquisition of Ocean Containers Shares" for which required formalities were complied with including issuance of "Price Sensitive Information" to all concerned with Press Notification at the appropriate time. The above mentioned price sensitive information was disseminated on 23.03.09 through DSE trading system. However as per DSE record, the company has not yet obtained SEC's consent to further issue of shares in this regard. Trading of the shares of the company will resume today (19.05.09) at 1:30 p.m.
- Trading of the shares of the company will remain halted for market enquiry.
Trading of the shares of the company will remain halted for market enquiry.
- Normal trading of the shares of the company will resume on 06.04.09 after Record date and there will be no price limit o
Normal trading of the shares of the company will resume on 06.04.09 after Record date and there will be no price limit on the trading of the shares of the company for the same day.
- Trading of the shares of the company will remain suspended on record date i.e., 05.04.09.
Trading of the shares of the company will remain suspended on record date i.e., 05.04.09.
- In response to a DSE query regarding erroneous financial information in connection with the earning per share (EPS) of t
In response to a DSE query regarding erroneous financial information in connection with the earning per share (EPS) of the company reported on 18.03.09, the company has regretted for inadvertent mistake in the financial information. In this regard, the Exchange has expressed high dissatisfaction and warned the company to be more cautious in future.
- Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be
Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 31.03.09 to 02.04.09. Trading of the shares of the company will remain suspended on record date i.e., 05.04.09 for AGM and EGM.
- The company has informed that the Board of Directors has decided to further issue of capital of Tk. 279,014,600 (consist
The company has informed that the Board of Directors has decided to further issue of capital of Tk. 279,014,600 (consisting of 2,790,146 shares of Tk. 100 each) for acquisition of approximately 100% shares of Ocean Containers Limited amounting to Tk. 237,999,450 (consisting of 23,799,945 shares of Tk. 10 each) by exchange of one Summit Alliance Share for eight point fifty three Ocean Containers shares, subject to approval of such further issue under section 155(2) of the Companies Act, 1994 in the EGM of the shareholders of the company to be held on 27.04.09 at 10:00 a.m. and SEC's consent to further issue under rule 3 of the Securities and Exchange Commission (Capital Issue of Companies) Rules, 2001.
- The company has further reported net profit after tax of Tk. 175.19 m. with EPS of Tk. 35.04 for the year 2008 as agains
The company has further reported net profit after tax of Tk. 175.19 m. with EPS of Tk. 35.04 for the year 2008 as against Tk. 137.85 m. and Tk. 27.57 (based on post-IPO paid-up capital) respectively for the year 2007. Considering the above EPS, price earning (P/E) ratio of the company is 51.70 (based on closing price as on 18.03.09).
- The company has reported net profit after tax holiday reserve of Tk. 109.78 m. with EPS of Tk. 21.96 for the year 2008 a
The company has reported net profit after tax holiday reserve of Tk. 109.78 m. with EPS of Tk. 21.96 for the year 2008 as against Tk. 82.71 m. and Tk. 16.54 (based on post-IPO paid-up capital) respectively for the year 2007.
- The Board of Directors of the company has resolved that value of Company's fixed assets on 31 December 2008 at Tk. 1,322
The Board of Directors of the company has resolved that value of Company's fixed assets on 31 December 2008 at Tk. 1,322,690,651/- including revalued amount of Tk. 1,310,134,000/- for Land, Building and other constructions and Container Handling Equipments as reported by S F Ahmed and Co., Chartered Accountants and Valuers be adopted with incorporation of the revaluation surplus, amounting Tk. 717,937,368/-, in the company's financial statements for the year ended on that date.
- There will be no price limit on the trading of the shares of the company on 16.03.09 following its corporate declaration
There will be no price limit on the trading of the shares of the company on 16.03.09 following its corporate declaration.
- The Board of Directors has recommended cash dividend @ 10% and stock dividend @ 20% (i.e. 1 bonus share for every 5 shar
The Board of Directors has recommended cash dividend @ 10% and stock dividend @ 20% (i.e. 1 bonus share for every 5 shares held) for the year 2008. Date of AGM: 27.04.09, Time: 11:30 AM, Venue: Bangladesh-China Friendship Conference Centre, Sher-E-Bangla Nagar, Dhaka. Record date: 05.04.09.
- In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the com
In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.