Shepherd Industries PLC announcements
165 Dhaka Stock Exchange announcements for Shepherd Industries PLC (SHEPHERD) since 2017: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2018 (19).
- Venue of the 17th AGM
The 17th AGM of the Company will be held on December 19, 2018 at 10:30 AM at DOHS Baridhara Convention Center, Baridhara DOHS Parishad, DOHS Baridhara Dhaka Cantonment, Dhaka-1206.
- Emphasis of Matter
(Emphasis of Matter): The auditor of the company has given the following 'Emphasis of Matter' Paragraph in the audit report of the company prepared for the year ended on 30 June 2018. Emphasis of Matter: Without qualifying our opinion in this regard, we draw attention to note # 37 where management has explained that Net Asset Value (NAV) per share for the year has decreased due to increase in number of shares and (cont. 1) (Continuation news of SHEPHERD): Net Operating Cash Flow per share of the company is Tk. 4.65 (Positive) compared to previous year's negative cash flow of Tk. (6.00). The major reasons of Which were payment to creditors, suppliers, employees and others decreased by Tk. 125.70 Crore and collection from customers and others increased by Tk. 13.50 Crore. (end) (Continuation news of SHEPHERD): Net Operating Cash Flow Per Share (NOCFPS) has increased due to less payment to suppliers and others, and more collection from customers Compared to previous year. Note # 37 (a) Net Asset Value per share decreased due to the fact that during the year number of shares increased for issuance of bonus shares. (b) During the year ended June 30, 2018 (cont. 2)
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.42 for July-September, 2018 as against 0.23 for July-September, 2017; NOCFPS was Tk. (3.12) for July-September 2018 as against Tk. 0.87 for July-September, 2017. NAV per share was Tk. 18.24 as on September 30, 2018 and Tk. 17.83 as on June 30, 2018.
- Resumption after Record Date
Trading of the shares of the Company will resume on 13.11.2018 after record date.
- 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 14, 2018 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2018.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 12.11.2018.
- 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 benefit from 08.11.2018 to 11.11.2018. Trading of the shares of the Company will remain suspended on record date i.e., 12.11.2018.
- To invest 25.00 crore in paid up capital of Shepherd Textile (BD) Ltd.
The Company has informed that the Board of Directors has decided to invest Tk. 25.00 crore in paid up capital of Shepherd Textile (BD) Ltd. subject to approval of the BSEC. The Board has approved the selling of approximately 453 decimals land of Shepherd Industries Limited located at Bhaluka, Mymensingh and 2 floors (5th & 6th) of Head office building (cont. 1) (Continuation news of SHEPHERD): 100% export-oriented industry and engaged in the business of manufacturing and marketing of Knitting fabrics. The said investment is expected to contribute an additional profit of approximately Tk. 5.00 crore towards overall profitability of the company. Post investment Shepherd Textile (BD) Limited will be an associate company of Shepherd Industries Limited. (end) (Continuation news of SHEPHERD): measuring 708.40 square meter along with proportionate land located at Uttara, Dhaka to Shepherd Textile (BD) Limited in consideration of 2,500,000 ordinary shares @ Tk. 100.00 each of the Company. Price of the said land and building will be determined at fair market value. Shepherd Textile (BD) Limited is a (cont. 2)
- Dividend Declaration
The Board of Directors has recommended 12% cash dividend for the year ended on June 30, 2018. Date of AGM: 19.12.2018, Time: 10:30 AM, Venue: will be notified later. Record Date: 12.11.2018. The Company has also reported EPS of Tk. 1.15, NAV per share of Tk. 17.83 and NOCFPS of Tk. 4.65 for the year ended on June 30, 2018 as against Tk. 1.03, Tk. 18.34 and Tk. (6.00) respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (23.10.2018) following its corporate declaration.
- Updating information
The Company has requested the shareholders to update their 12 digits e-TIN number, bank accounts, mobile number in BO Account through their respective Brokerage Houses/DPs before the record date. If anyone fails to update their e-TIN information before the record date, disbursement of respective dividend will be subject to deduction of Advance Income Tax (AIT) at the rate of 15% instead of 10% (in the case of individual) as per amendment Income Tax Ordiance, 1984 under Section 54. (cont. 1) (Continuation news of SHEPHERD): The list should include shareholder's name, BO ID, client-wise shareholding position, applicable Tax Rate along with Brokerage House/Dp's bank account number, Bank & Branck name, routing number, contact person etc. Otherwise the Company will deposit cash dividend in the shareholder's account. (end) (Continuation news of SHEPHERD): They also requested the concerned Brokerage Houses/DPs to provide detail lists of their margin accountholders who hold shares on the record date to Company's registered office address: House # 24, Road # 04, Sector # 4, Uttara, Dhaka followed by hard copy to receive cash dividend in their favor or the e-mail address: [email protected], [email protected] , [email protected] within November 15, 2018 to December 15, 2018. (cont. 1)
- 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 October 22, 2018 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Query Response
In response to a DSE query dated July 04, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.
- Query Response
In response to a DSE query dated May 07, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.35 for January-March 2018 as against Tk. 0.32 for January-March 2017. EPS was Tk. 0.77 for July 2017-March 2018 as against Tk. 0.64 for July 2016-March 2017. NOCFPS was Tk. 4.77 for July 2017-March 2018 as against Tk. 0.17 for July 2016-March 2017. NAV per share was Tk. 17.45 as on March 31, 2018 and Tk. 18.34 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 April 29, 2018 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.
- Emphasis of Matter
Emphasis of Matter: The auditor of the company has given the following 'Emphasis of Matter' Paragraph in the audit report of the company prepared for the year ended on 30 June 2017. Emphasis of Matter: Without qualifying our opinion, we draw attention of the following issues: Negative operating cash flow: The management of the company explained in note # 38 (cont.) (Continuation news of SHEPHERD): to the financial statements its position as to why cash flow from operating activities in the current year is negative. Earnings per share (EPS): The management of the company explained in note # 38 to the financial statements the reasons as to why EPS declined in the current year in comparison with previous year. (end)
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.19 for October-December, 2017 as against Tk. 0.12 for October-December, 2016; EPS was Tk. 0.42 for July-December, 2017 as against Tk. 0.30 for July-December, 2016. NOCFPS was Tk. 1.96 for July-December, 2017 as against Tk. 0.18 for July-December, 2016. NAV per share was Tk. 17.10 as on December 31, 2017 and Tk. 18.34 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 January 29, 2018 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.