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 2012 (29).
- The Company has informed that the Board of Directors of the Company has taken the following decisions: (1) Resolved that
The Company has informed that the Board of Directors of the Company has taken the following decisions: (1) Resolved that 15th January 2013 be and is hereby fixed as the Record Date for closing of share transfer book of Ocean Containers Limited and members whose names will appear in the Members' Register/Depository Register on the record date be eligible to get Summit Alliance Port shares in exchange pursuant to Clause-1 of Part-III of the Scheme of Amalgamation; and (2) Board has also decided that subject to receipt of certified copy of the High Court Order approving the amalgamation and submission of the same to RJSC, the Scheme of Amalgamation shall, in terms of Clause-3(5) of the Part-I of the said scheme, become effective from 16th January 2013.
- (continuation of news of SAPORTL): thereby completing the amalgamation of Ocean Containers Limited (Transferor Company)
(continuation of news of SAPORTL): thereby completing the amalgamation of Ocean Containers Limited (Transferor Company) with Summit Alliance Port Limited (Transferee Company); and (2) 1st October 2012 as the Appointed Date, in terms of Clause 3(2) of the Part-1 of the aforesaid Scheme of Amalgamation with effect from Which date the undertaking, assets, liabilities, licenses, rights and benefits of Ocean Containers Limited (Transferor Company) are and be deemed to have been transferred to and vested in Summit Alliance Port Limited (Transferee Company) for accounting purpose.(end)
The first part of this announcement is missing from the archive. - The Company has informed that the Hon'ble High Court Division of the Supreme Court of Bangladesh comprising of Mr. Justi
The Company has informed that the Hon'ble High Court Division of the Supreme Court of Bangladesh comprising of Mr. Justice Syed Refaat Ahmed has passed the order on 19th December 2012 in the Company Matter No. 225 of 2012 approving as under: (1) Draft Scheme of Amalgamation of Ocean Containers Limited (Transferor Company) with Summit Alliance Port Limited (Transferee Company) for the purpose of Section 228 read with Section 229 of the Companies Act 1994 at an exchange ratio of 1 (one) Ocean Containers (Transferor Company) share for 1.0736 (one point zero seven three six) of Summit Alliance Port (Transferee Company) shares (cont.)
- Normal trading of the shares of the Company will resume on 28.11.2012 after record date for EGM.
Normal trading of the shares of the Company will resume on 28.11.2012 after record date for EGM.
- Trading of the shares of the Company will remain suspended on record date i.e., 27.11.2012 for EGM.
Trading of the shares of the Company will remain suspended on record date i.e., 27.11.2012 for EGM.
- spot market trading
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 from 21.11.2012 to 26.11.2012. Trading of the shares of the Company will remain suspended on record date i.e., 27.11.2012 for EGM.
- 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 from 21.11.2012 to 26.11.2012. Trading of the shares of the Company will remain suspended on record date i.e., 27.11.2012 for EGM.
- The Company has informed that the Board of Directors of the Company has resolved to hold an EGM at the instruction of Ho
The Company has informed that the Board of Directors of the Company has resolved to hold an EGM at the instruction of Honorable High Court Division of the Supreme Court of Bangladesh for the purpose of considering and, if thought fit, approving with or without modification a Scheme of Amalgamation proposed to be made between Summit Alliance Port Limited (the Transferee Company) and Ocean Containers Limited (the Transferor Company). Date of EGM: 08.12.2012, Time: 3:30 PM, Venue: Summit Alliance Port Depot (West), Katghar, Southe Patenga, Chittagong-4204. Record date for EGM: 27.11.2012.
- (Continuation of news of SAPORTL): (c) Approved the Draft Application of Summit Alliance Port Limited and Ocean Containe
(Continuation of news of SAPORTL): (c) Approved the Draft Application of Summit Alliance Port Limited and Ocean Containers Limited for submission to the High Court Division of the Supreme Court of Bangladesh for amalgamation of these Companies under Section 228 read with Section 229 of the Companies Act 1994 as drawn up by the Legal Counsel Barrister Karishma Jahan. (end)
The first part of this announcement is missing from the archive. - The Company has informed that the Board of Directors of the Company has, among other issues, approved the following: (a)
The Company has informed that the Board of Directors of the Company has, among other issues, approved the following: (a) Considered the proposal of merger of Ocean Containers Limited with Summit Alliance Port Limited effective from October 1, 2012 subject to approval from High Court Division of the Supreme Court of Bangladesh and other legal/regulatory authorities; (b) Approved the Scheme of Amalgamation, with the exchange of 1.0736 shares of Summit Alliance Port Limited for 1 share of Ocean Containers Limited based on Share Value worked out at Weighted Average of 'Net Asset Value on September 30, 2012' and 'Average Market Price for six months to September 30, 2012 per DSE Index'; and (cont.)
- Q3 Earnings 2012
As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2012 (July'12 to Sep'12), the Company has reported consolidated net profit after tax (excluding non-controlling interest) of Tk. 70.60 million with consolidated EPS of Tk. 0.53 as against Tk. 37.11 million and Tk. 0.28 respectively for the same period of the previous year. Whereas consolidated net profit after tax (excluding non-controlling interest) was Tk. 121.03 million with consolidated EPS of Tk. 0.91 for the period of nine months (Jan'12 to Sep'12) ended on 30.09.2012 as against Tk. 139.84 million and Tk. 1.05 respectively for the same period of the previous year.
- (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2012 (July'12 to Sep'12), the Com
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2012 (July'12 to Sep'12), the Company has reported consolidated net profit after tax (excluding non-controlling interest) of Tk. 70.60 million with consolidated EPS of Tk. 0.53 as against Tk. 37.11 million and Tk. 0.28 respectively for the same period of the previous year. Whereas consolidated net profit after tax (excluding non-controlling interest) was Tk. 121.03 million with consolidated EPS of Tk. 0.91 for the period of nine months (Jan'12 to Sep'12) ended on 30.09.2012 as against Tk. 139.84 million and Tk. 1.05 respectively for the same period of the previous year.
- (H/Y): As per un-audited half yearly accounts as on 30.06.12 (Jan'12 to June'12), the Company has reported consolidated
(H/Y): As per un-audited half yearly accounts as on 30.06.12 (Jan'12 to June'12), the Company has reported consolidated net profit after tax (excluding non-controlling interests) of Tk. 52.09 million with consolidated EPS of Tk. 0.39 as against Tk. 102.72 million and Tk. 0.77 (restated) respectively for the same period of the previous year. Whereas consolidated net profit after tax (excluding non-controlling interests) was Tk. 11.99 million with consolidated EPS of Tk. 0.09 for the period of 3 months (Apr'12 to June'12) ended on 30.06.12 as against Tk. 47.52 million and Tk. 0.36 (restated) respectively for the same period of the previous year.
- The Company has further informed that it has already dispatched the entire cash dividend warrant for the year 2011 throu
The Company has further informed that it has already dispatched the entire cash dividend warrant for the year 2011 through courier service.
- The Company has informed that it has credited the bonus shares for the year 2011 to the respective shareholders' BO Acco
The Company has informed that it has credited the bonus shares for the year 2011 to the respective shareholders' BO Accounts.
- (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2012 (Jan'12 to Mar'12), the Company
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2012 (Jan'12 to Mar'12), the Company has reported consolidated net profit after tax (excluding non-controlling interest) of Tk. 41.59 million with consolidated basic EPS of Tk. 0.34 as against Tk. 56.10 million and Tk. 0.46 respectively for the same period of the previous year. However, considering bonus share @ 10% for the year 2011, consolidated restated basic EPS is Tk. 0.31 as on 31.03.12 and Tk. 0.42 as on 31.03.11. (cont.)
- (continuation of news of SAPORTL-Q1): Whereas, net profit after tax of the Company (individual) was Tk. 24.94 million wi
(continuation of news of SAPORTL-Q1): Whereas, net profit after tax of the Company (individual) was Tk. 24.94 million with basic EPS of Tk. 0.21 for the 1st quarter ended on 31st March 2012 (Jan'12 to March'12) as against Tk. 41.43 million and Tk. 0.34 respectively for the same period of the previous year. However, considering bonus share @ 10% for the year 2011, restated basic EPS is Tk. 0.19 as on 31.03.12 and Tk. 0.31 as on 31.03.11. (end)
The first part of this announcement is missing from the archive. - Normal trading of the shares of the Company will resume on 01.04.2012 after record date.
Normal trading of the shares of the Company will resume on 01.04.2012 after record date.
- Trading of the shares of the Company will remain suspended on record date i.e., 29.03.2012.
Trading of the shares of the Company will remain suspended on record date i.e., 29.03.2012.
- 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 25.03.2012 to 28.03.2012. Trading of the shares of the Company will remain suspended on record date i.e., 29.03.2012.
- - In response to a DSE...
In response to a DSE query regarding revaluation of Company's Properties, Plant & Equipment (PPE) (news disseminated by DSE on 15.03.2012), the Company has further informed that the position of revaluation surplus of PPE of the Company as on 31.12.2011 is Tk. 1,510,357,622.00 and consolidated revaluation surplus of PPE as on 31.12.2011 is Tk. 3,487,840,392.00.
- In response to a DSE query regarding revaluation of Company's Properties, Plant & Equipment (PPE) (news disseminated by
In response to a DSE query regarding revaluation of Company's Properties, Plant & Equipment (PPE) (news disseminated by DSE on 15.03.2012), the Company has further informed that the position of revaluation surplus of PPE of the Company as on 31.12.2011 is Tk. 1,510,357,622.00 and consolidated revaluation surplus of PPE as on 31.12.2011 is Tk. 3,487,840,392.00.
- (continuation of news of SAPORTL): assessed by the respective valuer following current cost method for its position on 3
(continuation of news of SAPORTL): assessed by the respective valuer following current cost method for its position on 31st December 2011. Date of AGM: 03.05.2012, Time: 11:30 AM, Venue: Bashundhara Convention Center-02, Block-C, Umme Kulsum Road, Bashundhara R/A, Baridhara, Dhaka-1229. Record Date: 29.03.2012. The Company has also reported EPS of Tk. 1.44, NAV per share of Tk. 48.05 and NOCFPS of Tk. 1.79 for the year ended on December 31, 2011. (end)
The first part of this announcement is missing from the archive. - There will be no price limit on the trading of the shares of the Company today (15.03.2012) following its corporate decl
There will be no price limit on the trading of the shares of the Company today (15.03.2012) following its corporate declaration.
- The Board of Directors has recommended cash dividend @ 10% (i.e. Tk. 1.00 per share of Tk. 10.00 each) and stock dividen
The Board of Directors has recommended cash dividend @ 10% (i.e. Tk. 1.00 per share of Tk. 10.00 each) and stock dividend @ 10% for the year ended on December 31, 2011. The Board has also approved the valuation of Company's Properties, Plant & Equipment (PPE) as carried out by the valuer following current cost method for its position on 31st December 2011 and adopted the total assessed value of the Company's PPE at Tk. 2,785,216,921.00 as on that date. The Board has further resolved to adopt the consolidated PPE value of the Company with its two subsidiaries at Tk. 5,582,293,885.00 as (cont.)
- As per regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of Board of Directors of the Co
As per regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of Board of Directors of the Company will be held on March 14, 2012 at 4:30 p.m. to consider, among others, audited financial statements of the Company for the year ended on December 31, 2011.
- - The Credit Rating...
The Credit Rating Information and Services Limited (CRISL) has rated the Company as "A+" in the long term and "ST-3" in the short term in consideration of financials up to September, 2011 and other relevant quantitative as well as qualitative information up to the date of rating declaration
- The Credit Rating Information and Services Limited (CRISL) has rated the Company as "A+" in the long term and "ST-3" in
The Credit Rating Information and Services Limited (CRISL) has rated the Company as "A+" in the long term and "ST-3" in the short term in consideration of financials up to September, 2011 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- The Company has informed that the Board of Directors of the Company has approved Budget of the company for the year 2012
The Company has informed that the Board of Directors of the Company has approved Budget of the company for the year 2012. While considering Capital Expenditure Budget-2012, Board among other issues, has approved purchase of 75 Acres of land in suitable location for expansion of the company's Off-Dock operation.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.