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 2016 (16).
- Qualified Opinion
The auditor of the company has given the following 'Qualified Opinion' paragraph in the audit report of the company prepared for the year ended on 30 June 2016. Qualified Opinion: 1. Intangible addition of Tk. 55,975,624 in the account (See note-05) 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 been charging depreciation on the addition value resulting from revaluation of fixed assets (see note-13) as required by BAS-16 since financial year 2006-2007. In consequence the net assets value of the company remains overstated to the extent of chargeable depreciation. 3. WPPF & Welfare fund of Tk. 4,733,479 from the financial year 2005-06 to 2014-15, out of which two-third should have been distributed in equal proportion to all employee's in cash as per section 242 (1) of Labor Act 2006. But the company is yet to distribute such WPP & Welfare fund amount among employees.
- Credit Rating Result
Emerging Credit Rating Limited (ECRL) has assigned the initial rating of the Company as "A" in the long term and "ECRL-2" in the short term along with a Stable outlook of the Company based on financials up to June 30, 2016 and other relevant quantitative and qualitative information up to date of rating declaration.
- Q1
EPS was Tk. 0.29 for July-September, 2016 as against Tk. 0.19 for July-September, 2015; NOCFPS was Tk. 0.32 for July-September, 2016 as against Tk. (30.42) for July-September, 2015. NAV per share was Tk. 224.83 as of September 30, 2016 and Tk. 224.54 as of June 30, 2016.
- Resumption after record date
Trading of the shares of the Company will resume on 29.11.2016 after record date.
- Venue of the AGM
The Company has further informed that the venue of the 35th AGM of the Company will be at Jute Diversification Promotion Center, 145, Monipara Para, IJSG Bhaban, Tejgaon, Dhaka-1215. Other information of the AGM is announced earlier.
- Suspension for record date
Trading of the shares of the Company will remain suspended on record date i.e., 28.11.2016.
- 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 with cum benefit from 24.11.2016 to 27.11.2016. Trading of the shares of the Company will remain suspended on record date i.e., 28.11.2016.
- Dividend Declaration
The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2016. Date of AGM: 22.12.2016, Time: 11:30 AM, Venue: Will be notified later. Record Date: 28.11.2016. The Company has also reported EPS of Tk. 1.59, NAV per share of Tk. 224.54 and NOCFPS of Tk. 35.33 for the year ended on June 30, 2016 as against Tk. (0.60), Tk. 223.95 and Tk. (22.66) respectively for the year ended on June 30, 2015.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (08.11.2016) 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 November 07, 2016 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2016.
- Query Response
In response to a DSE query dated October 25, 2016, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Query Response
In response to a DSE query dated August 07, 2016, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Q2 Financials
EPS was Tk. 0.30 for October-December, 2015 as against Tk. 0.23 for October-December, 2014; EPS was Tk. 0.50 for July-December, 2015 as against Tk. 0.39 for July-December, 2014. NAV per share was Tk. 224.44 as of December 31, 2015 and Tk. 223.95 as of June 30, 2015.
- Q2 Financials (additional information)
The Company has further informed that NOCFPS was Tk. 39.25 for July-December, 2015 as against Tk. 13.26 for July-December, 2014.
- Q1 Financials
(Q1 Un-audited): EPS for July-September, 2015 was Tk. 0.19 as against Tk. 0.16 for July-September, 2014. The Company has further informed that NOCFPS was Tk. (30.42) for July- September, 2015 as against Tk. 0.27 for July- September, 2014. NAV per share was Tk. 224.14 as of September 30, 2015 and Tk. 223.95 as of June 30, 2015.
- Cash Dividend Disbursement
The Company has informed that it has disbursed cash dividend for the year ended on June 30, 2015.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.