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 2017 (18).
- Buy confirmation of a Director
Mr. Syed Ali Jowher Rizvi, one of the Directors of the Company, has further reported that he has completed his buy of 7,30,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Dividend Disbursement
The Company has informed that it has disbursed cash dividend warrants for the 18 months period ended on June 30, 2017 through Courier Services.
- Buy declaration of a Director
Mr. Syed Ali Jowher Rizvi, one of the Directors of the Company, has expressed his intention to buy 7,30,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange within next 30 working days.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.11 for July-September, 2017 as against Tk. 0.14 for July-September, 2016; Consolidated NOCFPS was Tk. 0.24for July-September, 2017 as against Tk. (0.01) for July-September, 2016. Consolidated NAV per share was Tk. 23.67 as on September 30, 2017 and Tk. 25.04 as on June 30, 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 09, 2017 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.
- Resumption after Record Date
Trading of the shares of the Company will resume on 28.09.2017 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 27.09.2017.
- 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 benefits from 25.09.2017 to 26.09.2017. Trading of the shares of the Company will remain suspended on record date i.e., 27.09.2017.
- Dividend Declaration
The Board of Directors has recommended 15% cash dividend for the 18 months period ended on June 30, 2017. Date of AGM: 25.10.2017, Time: 11:30 AM, Venue: Hall 24, C.R.B Road, West Side of M.A. Aziz Stadium, Chittagong-4204. Record Date: 27.09.2017. The Company has also reported Consolidated EPS of Tk. 1.11, Consolidated NAV per share of Tk.25.04 and Consolidated NOCFPS of Tk. 1.71 for the 18 months period ended on June 30, 2017.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (10.09.2017) 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 September 09, 2017 at 11:00 AM to consider, among others, audited financial statements of the Company for the 18 months period from January 01, 2016 to June 30, 2017.
- O & M assignment with Inland Waterways of India
Summit Alliance Port Limited (SAPL), with approval of the Company's Board, participated in the bid for "Equipping, Operating and Managing (EOM) Inland Waterway Transport at Garden Reach Terminal (Port) in Kolkata as well as Gaighat and Kalughant Terminals (Ports) in Patna for a period of 30 years (the Project)" as the lead member of a consortium in November 2016 in its strive to expand and diversify business activities.(cont.1) (continuation news of SAPORTL): 1. Formation of Special Purpose Vehicle Company under Indian Companies Act 2013; 2. Investment of equivalent US$ 3.0 million for procurement of handling equipment; and 3. Payment of US$ 130,000.00 to IFC for Project Development Fee. (end) (continuation news of SAPORTL): Considering the time constraint in fulfilling the conditions precedent of the Request for Proposal (RFP), Board of directors of the Company, in the event the project is awarded in favor of SAPL consortium, also approved for taking the following actions subject to completion of all regulatory formalities of both Bangladesh and India including compliance of FE regulations: (cont. 3) (continuation news of SAPORTL): It may be mention here that while participating, necessary permission of the Bangladesh Bank was obtained for cost of bid money and providing of bid security deposit in the form of Bank Guarantee for equivalent Indian Rupees. The Authority after scrutiny of both technical competency and financial offer has confirmed by its letter of Award (LOA) that SAPL consortium has been selected as the successful bidder for implementing the Project. (cont.2)
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.15 for January-March, 2017 as against Tk. 0.22 for January-March, 2016; Consolidated EPS was Tk. 0.51 for July, 2016-March, 2017 as against Tk. 0.53 for July, 2015-March, 2016. Consolidated NOCFPS was Tk. 0.68 for July, 2016-March, 2017 as against Tk. 0.86 for July, 2015-March, 2016. Consolidated NAV per share was Tk. 25.00 as of March 31, 2017 and Tk. 24.00 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 10:30 AM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating of the Company as "A1" along with a stable outlook based on unaudited financial statements as of December 31, 2016, Audited financial statement as of December 31, 2015; Bank Liability position up to December 31, 2016 as on and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.23 for October-December, 2016 as against Tk. 0.18 for October-December, 2015; Consolidated EPS was Tk. 0.36 for July-December, 2016 as against Tk. 0.31 for July-December, 2015. Consolidated NOCFPS was Tk. 0.35 for July-December, 2016 as against Tk. 0.58 for July-December, 2015. Consolidated NAV per share was Tk. 25.00 as of December 31, 2016 and Tk. 24.00 as of June 30, 2016.
- Reschedule of Board Meeting
The Company has further informed that due to unavoidable circumstances, the meeting will now be held on January 31, 2017 at 2:35 PM instead of January 30, 2017 to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 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 January 30, 2017 at 2:35 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2016.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.