DSE:SONALIANSH

Sonali Aansh Industries Limited announcements

300 Dhaka Stock Exchange announcements for Sonali Aansh Industries Limited (SONALIANSH) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2011 (22).

  1. - Auditor Qualification...

    (Auditor Qualification): At the time of assessment of Auditor's Report of the Company, it has been revealed that "K. M. Hasan & Co.", Auditor of the Company, has opined the following in the 'Qualified Opinion' section of the auditor's report of the company for the year ended on June 30, 2011: "(1) Recognition of Intangible addition of Tk. 55,975,624.00 in the account (See note 17.01) deviates the principle of accounting practice and have resulted in Journal entries for invisible assets and corresponding unearned income, which has inflated the accumulated profit. (2) The company has not provided depreciation chargeable for an amount of Tk. 171,264,130.00 on the additional value resulting from revaluation of fixed assets as required by BAS 16. (cont.)

  2. (Auditor Qualification): At the time of assessment of Auditor's Report of the Company, it has been revealed that "K. M.

    (Auditor Qualification): At the time of assessment of Auditor's Report of the Company, it has been revealed that "K. M. Hasan & Co.", Auditor of the Company, has opined the following in the 'Qualified Opinion' section of the auditor's report of the company for the year ended on June 30, 2011: "(1) Recognition of Intangible addition of Tk. 55,975,624.00 in the account (See note 17.01) deviates the principle of accounting practice and have resulted in Journal entries for invisible assets and corresponding unearned income, which has inflated the accumulated profit. (2) The company has not provided depreciation chargeable for an amount of Tk. 171,264,130.00 on the additional value resulting from revaluation of fixed assets as required by BAS 16. (cont.)

  3. (continuation of news of SONALIANSH): In consequence profits in profit and loss account have been overstated to the exte

    (continuation of news of SONALIANSH): In consequence profits in profit and loss account have been overstated to the extent of non-provision of chargeable depreciation as said above. (3) We could not physically verify the closing stocks of inventories of the company as on the balance sheet date and subsequently could not confirm the closing quantities with other alternative audit procedures. The closing quantities and valuations have been certified by the management. Though the rate of quantities is reasonable but the closing value of stock may be changed for any variation of the quantities certified by the management. (4) The company did not consider the impact of deferred tax in preparing these financial statements.(end)

    The first part of this announcement is missing from the archive.
  4. (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2011 (July'11 to Sep'11), the com

    (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2011 (July'11 to Sep'11), the company has reported net profit after tax of Tk. 3.58 million with basic EPS of Tk. 13.20 (considering face value of Tk. 100.00 per share) as against Tk. 3.05 million and Tk. 11.26 (restated) respectively for the same period of the previous year. However, considering change of denomination of the company to Tk. 10.00 per share, restated basic EPS is Tk. 1.32 as on 30.09.11 and Tk. 1.13 as on 30.09.10.

  5. Normal trading of the shares of the Company will resume on 18.12.2011 after record date.

    Normal trading of the shares of the Company will resume on 18.12.2011 after record date.

  6. Trading of the shares of the company will remain suspended on record date i.e., 15.12. 2011.

    Trading of the shares of the company will remain suspended on record date i.e., 15.12. 2011.

  7. Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be

    Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 12.12.2011 to 14.12.2011. Trading of the shares of the Company will remain suspended on record date i.e., 15.12.2011.

  8. There was no price limit on the trading of the shares of the Company today (07.12.2011) following its corporate declarat

    There was no price limit on the trading of the shares of the Company today (07.12.2011) following its corporate declaration, news of which was not disseminated inadvertently.

  9. The Board of Directors has recommended cash dividend @ 20% for the year ended on June 30, 2011. Date of AGM: 29.12.2011,

    The Board of Directors has recommended cash dividend @ 20% for the year ended on June 30, 2011. Date of AGM: 29.12.2011, Time: 11:30 AM, Venue: Institution of Diploma Engineers, Bangladesh, 160/A, Kakrail, Dhaka-1000. Record date: 15.12.2011. Considering face value of Tk. 100.00 per share, the Company has reported Net Profit of Tk. 15.02 million, EPS of Tk. 55.39, NAV per share of Tk. 2,208.00 and NOCFPS of Tk. (145.04) for the year ended on June 30, 2011 as against Tk. 12.68 million, Tk. 56.11, Tk. 2,588.00 and Tk. 56.56 respectively for the year ended on June 30, 2010. (cont.)

  10. (Continuation of news of SONALIANSH): However, considering change of denomination of the company to Tk. 10.00 per share,

    (Continuation of news of SONALIANSH): However, considering change of denomination of the company to Tk. 10.00 per share, restated EPS, NAV per share and NOCFPS are Tk. 5.54, Tk. 220.80 and Tk. (14.50) respectively for the year ended on June 30, 2011 as against Tk. 5.61, Tk. 258.80 and Tk. 5.66 respectively for the year ended on June 30, 2010.

    The first part of this announcement is missing from the archive.
  11. Following the change of denomination, normal trading of the shares of the Company will resume on 04.12.2011 after record

    Following the change of denomination, normal trading of the shares of the Company will resume on 04.12.2011 after record date with new face value of Tk. 10.00 per share, market lot of 50 shares and adjusted open price of Tk. 138.20 per share.

  12. Normal trading of the shares of the Company will resume on 01.11.11 after record date for EGM.

    Normal trading of the shares of the Company will resume on 01.11.11 after record date for EGM.

  13. Trading of the shares of the Company will remain suspended on record date i.e., 31.10.11 for EGM.

    Trading of the shares of the Company will remain suspended on record date i.e., 31.10.11 for EGM.

  14. Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be

    Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle from 26.10.11 to 30.10.11. Trading of the shares of the Company will remain suspended on record date i.e., 31.10.11 for EGM.

  15. The Company has informed that in compliance with SEC's Order dated 15.09.2011, the Board of Directors of the Company has

    The Company has informed that in compliance with SEC's Order dated 15.09.2011, the Board of Directors of the Company has decided to change the denomination of face value of shares from Tk. 100.00 to Tk. 10.00 each and market lot from 5 to 100 shares as well as to amend the relevant clauses of the Memorandum and Articles of Association of the Company subject to the approval of the Regulatory bodies and Shareholders in the EGM. Date of EGM: 26.11.2011, Time: 11:30 AM, Venue: Registered office of the company at Lal Bhaban, 18 Rajuk Avenue, Dhaka-1000. Record date for EGM: 31.10.2011.

  16. In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Com

    In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

  17. Mr. Md. Nurul Islam Patwari, one of the Sponsors/Directors of the company, has further reported that he has completed hi

    Mr. Md. Nurul Islam Patwari, one of the Sponsors/Directors of the company, has further reported that he has completed his sale of 1,000 shares of the company at prevailing market price through Stock Exchange as announced earlier.

  18. (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2011 (Jan'11 to March'11), the compan

    (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2011 (Jan'11 to March'11), the company has reported net profit /(loss) of Tk. 3.81 million with EPS of Tk. 14.05 as against Tk. 2.72 million and Tk. 10.04 (restated) respectively for the same period of the previous year. Whereas net profit /(loss) was Tk. 10.22 million with EPS of Tk. 37.70 for the period of nine months (July'10 to March'11) ended on 31.03.2011 as against Tk. 10.41 million and Tk. 38.39 (restated) respectively for the same period of the previous year.

  19. Mr. Md. Nurul Islam Patwari, one of the Sponsors/Directors of the company, has reported his intention to sell 1,000 shar

    Mr. Md. Nurul Islam Patwari, one of the Sponsors/Directors of the company, has reported his intention to sell 1,000 shares out of his total holdings of 93,044 shares of the company at prevailing market price through Stock Exchange within 30th April 2011.

  20. In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the com

    In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike.

  21. SEC has issued show cause cum hearing notice to the company, its Directors, Managing Director and Company Secretary for

    SEC has issued show cause cum hearing notice to the company, its Directors, Managing Director and Company Secretary for non-compliance with securities related laws in connection with audited financial statements for the year ended on June 30, 2009.

  22. (H/Y): As per un-audited half yearly accounts as on 31.12.10 (July' 10 to Dec' 10), the company has reported net profit

    (H/Y): As per un-audited half yearly accounts as on 31.12.10 (July' 10 to Dec' 10), the company has reported net profit of Tk. 6.41 million with restated EPS of Tk. 23.65 as against Tk. 7.68 million and Tk. 28.35 respectively for the same period of the previous year. Whereas net profit was Tk. 3.36 million with restated EPS of Tk. 12.39 for the period of 3 months (Oct' 10 to Dec' 10) ended on 31.12.10.

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.