Sinobangla Industries Limited announcements
301 Dhaka Stock Exchange announcements for Sinobangla Industries Limited (SINOBANGLA) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (21).
- Credit Rating
Credit Rating Information and Services Limited (CRISL) has rated the Company as "A" in the long term and "ST - 3" in the short term along with a stable outlook based on audited financial statements of the Company up to October 31, 2015 and June 30, 2016 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Factory expansion
The Company has informed that the Board of Directors of the Company has taken, among others, the decision to go for expansion of the factory. The Board has decided to purchase some additional land adjacent to factory premises & some Capital Machinery (1 Tape Line, 20 Looms, 1 Bale Press machine, 1 Auto Cutting Sewing machine, 1 Printing machine and 8 Sonic Sewing machines) and construct an additional warehouse. Total estimated Cost of the expansion would be US$ 2.00 million. After completion of the expansion, total monthly production of the Company will be enhanced by 150 MT approximately.
- Suspension for record date
Trading of the shares of the Company will remain suspended on record date i.e., 24.11.2016.
- Q1 Financials
EPS was Tk. 0.20 for July-September, 2016 as against Tk. 0.33 for July-September, 2015; NOCFPS was Tk. (0.53) for July-September, 2016 as against Tk. 2.86 for July-September, 2015. NAV per share was Tk. 24.84 as of September 30, 2016 and Tk. 24.64 as of June 30, 2016. (Q1 Un-audited): EPS was Tk. 0.20 for July-September, 2016 as against Tk. 0.33 for July-September, 2015; NOCFPS was Tk. (0.53) for July-September, 2016 as against Tk. 2.86 for July-September, 2015. NAV per share was Tk. 24.84 as of September 30, 2016 and Tk. 24.64 as of June 30, 2016.
- Spot for AGM
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 13.11.2016 to 23.11.2016. Trading of the shares of the Company will remain suspended on record date i.e., 24.11.2016.
- Board Meeting
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 12, 2016 at 11:00 AM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2016.
- Dividend Declaration
The Board of Directors has recommended No dividend for the 8 months period from 01.11.15 to 30.06.16. Date of AGM: 19.01.17, Time: 11:30 AM, Venue: Registered Office, Boro Baluakandi, Gazaria, Munshiganj. Record date: 24.11.16. The Company has also reported EPS of Tk. 0.71 and NOCFPS of Tk. 1.43 for the 8 months period from 01.11.15 to 30.06.16 as against Tk. 0.91 and Tk. 9.32 respectively for 01.11.14 to 30.06.15. NAV per share was Tk. 24.64 as of 30.06.16 and Tk. 24.93 as of 31.10.15.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.10.2016) following its corporate declaration.
- Category Change
The Company will be placed in 'Z' category from existing 'A' category with effect from October 31, 2016 as the Company has recommended no dividend for the year ended on June 30, 2016.
- Prohibition on providing loan
DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase any security of Sinobangla Industries Ltd. with effect from October 31, 2016 as per BSEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.
- Board Meeting
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, 2016 at 3:30 PM to consider, among others, audited financial statements of the Company for the period of 8 months from November 01, 2015 to June 30, 2016.
- Dividend Disbursement
The Company has requested the shareholders to collect their Dividend Warrants for the year 2015 from Navana DH Tower, 9th Floor, 6 Panthapath, Dhaka-1215 from 12.06.2016 to 15.06.2016 between 10:00 AM to 3:30 PM (Sunday to Wednesday).
- Q2 Financials
EPS was Tk. 0.34 for February-April 2016 as against Tk. 0.08 for February-April 2015; EPS was Tk. 0.65 for November, 2015-April, 2016 as against Tk. 0.31 for November, 2014-March, 2015. NOCFPS was Tk. 3.41 for November, 2015-April, 2016 as against Tk. 5.48 for November, 2014-April, 2015. NAV per share was Tk. 25.58 as of April 30, 2016 and Tk. 24.65 as of April 30, 2015.
- Board Meeting
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 29, 2016 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on April 30, 2016.
- Resumption after Record date
Normal trading of the shares of the Company will resume on 20.03.2016 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 16.03.2016.
- Q1
EPS for November 2015- January, 2016 was Tk. 0.31 as against Tk. 0.23 for November 2014- January, 2015; NOCFPS was Tk. 0.83 for November 2015- January, 2016 as against Tk. 2.26 for November 2014- January, 2015. NAV per share was Tk. 25.24 as of January 31, 2016 and Tk. 24.93 as of October 31, 2015.
- Spot for AGM
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 14.03.2016 to 15.03.2016. Trading of the shares of the Company will remain suspended on record date i.e., 16.03.2016.
- Dividend Declaration
The Board of Directors has recommended 10% cash dividend for the year ended on October 31, 2015. Date of AGM: 15.05.2016, Time: 11:30 AM, Venue: Boro Baluakandi, Gazaria, Munshiganj. Record date: 16.03.2016. The Company has also reported EPS of Tk. 1.31, NAV per share of Tk. 24.93 and NOCFPS of Tk. 10.94 for the year ended on October 31, 2015.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.02.2016) following its corporate declaration.
- Board Meeting
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 February 25, 2016 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on October 31, 2015.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.