Shaympur Sugar Mills Ltd. announcements
271 Dhaka Stock Exchange announcements for Shaympur Sugar Mills Ltd. (SHYAMPSUG) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (23).
- Change of AGM Date
The Company has further informed that the 31st AGM of the Company will now be held on December 27, 2021 at 4:00 PM instead of earlier declared date December 25, 2021 at 4:00 PM. Other information of the AGM will remain unchanged.
- Resumption after record date
Trading of the shares of the Company will resume on 23.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2021.
- 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 from 17.11.2021 to 21.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2021.
- The auditor of the Shyampur Sugar Mills Ltd. has given the " Adverse Opinion " paragraphs in the Auditor's Report for th
The auditor of the Shyampur Sugar Mills Ltd. has given the " Adverse Opinion " paragraphs in the Auditor's Report for the year ended on 30 June, 2021. Adverse Opinion: Basis for Adverse opinion: 1. The inventory balance is overstated by Tk. 5,950,889 in compare with store record report. The loss for the year and retained loss at the year-end will be increased by that amount, if such correction/written off adjustment is taken place. 2. An adjustment (Journal)voucher has been posted by (cont.1)
- (Continuation news of SHYAMPSUG): debiting in Welfare Fund Lability of Tk. 8,932,749 with correspond credit entry in Pro
(Continuation news of SHYAMPSUG): debiting in Welfare Fund Lability of Tk. 8,932,749 with correspond credit entry in Provident Fund lability without proper authorization as per company policies. No explanation in respect of this adjustment is received from the management of the company. 3. The government of peoples Republic of Bangladesh has decided to suspend due to recurring loss, high production cost, (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of SHYAMPSUG): net capital deficiency of the operation activity of Saympur Sugar Mills Limited for in
(Continuation news of SHYAMPSUG): net capital deficiency of the operation activity of Saympur Sugar Mills Limited for infinity period. As such, the preparation of the financial statements of the company for the year June 30, 2021 under going concern basis may no longer appropriate. So, the financial statements for the year June 30, 2021 should be prepared on breakup basis, if going concern assumption is not appropriate rather than preparation of these Financial Statements under going (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of SHYAMPSUG): concern basis. 4. During the year, the company had no production as a result of produc
(Continuation news of SHYAMPSUG): concern basis. 4. During the year, the company had no production as a result of production suspend order issued by the Government of Peoples Republic of Bangladesh. 5. At the year end, the loan balance of the company stood of Tk. 311,077,175 and Tk. 1,791,774,324 as long term loan and short term loan respectively. Both loan was classified by the lending bank due to non-payment of loan when they fall due. Furthermore, the company didn't split(cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of SHYAMPSUG): the long term loan into current portion and non-current portion. Due to Financial diff
(Continuation news of SHYAMPSUG): the long term loan into current portion and non-current portion. Due to Financial difficulty, and present the company is unable to pay any loan liability during the year. 6. Due to the company has been suffering recurring loss from operation that effectively made net capital deficiency of Tk. (5,572,616,564) in total and Tk. (1,114.52) per share at the year end. 7. According to the company published policy in respect of depreciation of PPE. (cont.5)
The first part of this announcement is missing from the archive. - Adverse Opinion
(Continuation news of SHYAMPSUG): The company is charging depreciation a rate of 2.5% to 25%. However, the charging of depreciation for year was the same of previous year without making reference to the rate or useful life of each asset. The IAS 16(Para 43) require to depreciate each item separately based on useful life. 8. The Company has not yet introduced deferred tax, which is non-compliance of IAS 12. (end)
The first part of this announcement is missing from the archive. - (Q1 Un-audited): EPS was Tk. (21.62) for July-September, 2021 as against Tk. (25.15) for July-September, 2020; NOCFPS wa
(Q1 Un-audited): EPS was Tk. (21.62) for July-September, 2021 as against Tk. (25.15) for July-September, 2020; NOCFPS was Tk. 0.12 for July-September, 2021 as against Tk. (0.43) for July-September, 2020. NAV per share was Tk. (1136.14) as on September 30, 2021 and Tk. (1114.52) as on June 30, 2021. (cont. 1)
- (Continuation news of SHYAMPSUG): The Company has also informed that the reasons of significant deviation for following
(Continuation news of SHYAMPSUG): The Company has also informed that the reasons of significant deviation for following reasons: 1.Earning per Share (EPS) is increased of this accounting year due to general administrative expenses decreased compare to last year. 2. Net assets value (NAV) is decreased of this accounting year due to current liability is increased and cumulative loss is increased compare to the last year. (cont. 2)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.10.2021) following its corporate declaration.
- Dividend Declaration
(Continuation news of SHYAMPSUG): 4. Net assets value (NAV) is decreased of this accounting year due to loan liability and current liability and cumulative loss is increased compare to the last year. 5. Net Operating Cash Flow has been increased during this accounting period due to payment of suppliers and other expenses has been decreased compared to the last year. (end)
The first part of this announcement is missing from the archive. - Q1 Financials
(Continuation news of SHYAMPSUG): 3.Net Operating Cash Flow has been increased during this accounting period due to cash payment from expenses has been decreased compared to the last year. (end)
The first part of this announcement is missing from the archive. - 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 October 27, 2021 at 04:15 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.
- 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 27, 2021 at 4:15 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- Query Response
In response to a DSE query dated August 18, 2021, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.
- Query Response
In response to a DSE query dated July 13, 2021, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.
- Q3 Financials (Repeat)
(Continuation news of SHYAMPSUG): 4) Net Operating Cash Flow has been increased during this accounting period due to cash payment from expenses has been decreased compared to the last year. (end)
The first part of this announcement is missing from the archive. - 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 May 23, 2021 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, 2021.
- Q2 Financials
(Continuation news of SHYAMPSUG): EPS has been decreased due to sale revenue decreased and other income is increased compare to last year. NAV has been decreased due to current liability is increased compare to the last year. NOCFPS has been increased due to cash payment from expenses has been decreased compared to the last year. (end)
The first part of this announcement is missing from the archive. - 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 27, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.