SK Trims & Industries Ltd. announcements
131 Dhaka Stock Exchange announcements for SK Trims & Industries Ltd. (SKTRIMS) since 2018: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (25).
- 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 December 31, 2024 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
- Category Change
The Company will be placed in 'B' category from existing 'Z' category with effect from December 24, 2024 as the Company has reported disbursement of 3% Cash Dividend for the year ended June 30, 2023.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase the securities of SK Trims & Industries Limited in between 1st to 7th trading days following the change of categorization, with effect from December 24, 2024 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.
- Regarding continuation of banking operation/transaction of bank accounts
The company has informed that the Supreme Court Appellate Division on 18.12.2024 has issued an order regarding continuation of banking operation/transaction of bank accounts of the company. As per the court order of Supreme Court Appellate Division, the company will continue banking transaction in respect of the subject matter of the case till disposal of the appeal.
- Resumption after Record Date
Trading of the shares of the company will resume on 15.12.2024.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 12.12.2024.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 09.12.2024 to 11.12.2024 and trading of the shares will remain suspended on record date i.e., 12.12.2024.
- Dividend Declaration
The Board of Directors has recommended 1.75% cash dividend (All Shareholders) for the year ended June 30, 2024. Date of AGM: 29.12.2024, Time: 11:30 AM, Venue: Hybrid System; Details will be notified through AGM notice later. Record date: 12.12.2024. The Company has also reported EPS of Tk. 0.54, NAV per share of Tk. 15.65 and NOCFPS of Tk. 0.90 for the year ended June 30, 2024 as against Tk. 0.94, Tk. 15.57 and Tk. 0.11 respectively for the year ended June 30, 2023.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (24.11.2024) 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 November 21, 2024 at 5:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Time extension of stay order against order of freeze of bank account
The company has informed that the High Court Division on 18.09.2024 issued a stay order quashing order passed by the Metropolitan Sessions Judge Court on 11.07.2024 regarding freeze of bank account of the company. On 21.10.2024 the honorable High Court Division has extended the order of stay for a further period of two (02) months. The stay order will be valid till 20th December, 2024.
- Credit Rating Result
Alpha Credit Rating Limited (Alpha Rating) has assigned the Surveillance rating of the Company as "A-" in the long term and "ST-3" in the short term along with Stable outlook based on the audited financial statement up to June 30, 2023 and relevant qualitative information till October 05, 2024.
- Category Change
The Company will be placed in 'Z' category from existing 'B' category with effect from September 26, 2024 as per provision 1(e) of BSEC Order No. BSEC/CMRRCD/2009-193/77, dated May 20, 2024.
- Prohibition on providing loan facilities to purchase securities
The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of SK Trims & Industries Limited with effect from September 26, 2024 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.
- Regarding withdrawal of Lay-Off and starting of production
The company has informed that the Board of Directors of the company has withdrawn Lay-Off. Moreover, the company has started its operation of production from September 21, 2024.
- Regarding stay order against the order of freeze of bank account
Refer to their earlier news disseminated by DSE on 14.07.2024, the company has further informed that the honorable High Court Division on 18.09.2024 has issued a stay order quashing order passed by the Metropolitan Sessions Judge Court on 11.07.2024 regarding freeze of bank account of the company. As per the stay order of honorable High Court Division, there is no problem on the Company's banking operations from now. The stay order will be valid till October 20, 2024.
- Regarding stop of production and notice of suspension of work (Repeat)
Repeat News- The company has informed that the Board of Directors has decided to stop production of SK Trims & Industries Ltd. and given a notice of Suspension of Work. To view the detailed PSI regarding Stop of Production, Notice of Suspension of Work and Lay-off of employees of SK Trims & Industries Ltd., please visit: https://www.dsebd.org/Annexure/2024/SKtrimsPSI_2024.pdf
- Regarding stop of production and notice of suspension of work
The company has informed that the Board of Directors has decided to stop production of SK Trims & Industries Ltd. and given a notice of Suspension of Work. To view the detailed PSI regarding Stop of Production, Notice of Suspension of Work and Lay-off of employees of SK Trims & Industries Ltd., please visit: https://www.dsebd.org/Annexure/2024/SKtrimsPSI_2024.pdf.
- Regarding bank account freeze of the company
The company has informed that the Metropolitan Sessions Judge Court and Bangladesh Financial Intelligence Unit (BFIU) has frozen all of their bank accounts by the recommendation of the Anti-Corruption Commission.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.38 for January-March 2024 as against Tk. 0.21 for January-March 2023; EPS was Tk. 1.25 for July 2023-March 2024 as against Tk. 0.87 for July 2022-March 2023. NOCFPS was Tk. 0.98 for July 2023-March 2024 as against Tk. 0.47 for July 2022-March 2023. NAV per share was Tk. 16.31 as on March 31, 2024 and Tk. 15.52 as on March 31, 2023.
- 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, 2024 at 05:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- The auditor of the company has given the \"Emphasis of Matter\" and \"Other Matter\" paragraph in the Auditor\'s Report
The auditor of the company has given the \"Emphasis of Matter\" and \"Other Matter\" paragraph in the Auditor\'s Report of the company for the year ended June 30, 2023. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/jan/SKTrims2024.pdf
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.36 for October-December 2023 as against Tk. 0.34 for October-December 2022; EPS was Tk. 0.87 for July-December 2023 as against Tk. 0.66 for July-December 2022. NOCFPS was Tk. 0.98 for July-December 2023 as against Tk. 0.13 for July-December 2022. NAV per share was Tk. 15.89 as on December 31, 2023 and Tk. 15.57 as on December 31, 2022.
- 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, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.