DSE:SPCL

Shahjibazar Power Company Limited announcements

251 Dhaka Stock Exchange announcements for Shahjibazar Power Company Limited (SPCL) since 2014: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2014 (22).

  1. AGM

    The Company has further informed that due to unavoidable circumstances, the 07th AGM of the Company will now be held in Bashundhara Convention City (Gulnaksha), Joarshahara near 300 Feet Purbachal Link Road, Khilkhet, Dhaka-1229 instead of Factory Premises of the Company at Fatepur, Shahjibazar, Madhabpur, Hobigonj. Other information of the AGM as announced earlier.

  2. in the spot market

    Trading of the shares of the Company will resume in the spot market on 30.11.2014 after record date. It is to be noted that as per BSEC Directive No. BSEC/Surveillance/2014-0840/449 (A) dated November 18, 2014, it has been placed in the spot market.

  3. trade suspension

    Trading of the shares of the Company will remain suspended on record date i.e., 27.11.2014 for AGM.

  4. trade suspension

    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 25.11.2014 to 26.11.2014. Trading of the shares of the Company will remain suspended on record date i.e., 27.11.2014 for AGM.

  5. BSEC NEWS

    BSEC has decided the following considering the current trend on Shajibazar Power Company Limited (SPCL): 1.SPCL has been declared as a Non-Marginable Security which shall be immediately effective from 19.11.2014. 2.SPCL shall be traded in the spot market with effect from 19.11.2014. 3.The Brokers who have exceeded the &quot;Single Exposure Limit&quot; on the trading of SPCL, shall have to bring it down to stipulated limit within next three trading days which shall be monitored by the Exchanges. Every Broker House shall have to submit the buying and selling related information of SPCL on a daily basis to their respective Exchanges until further order. The exchanges shall report to the Commission a summary on aforesaid information in the next trading day. (As per Press Release of BSEC dated 18.11.2014 <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>

  6. Q1 Earning

    As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported consolidated net profit after tax (excluding non-controlling interests) of Tk. 299.23 million with consolidated basic EPS of Tk. 2.36 as against Tk. 58.09 million and Tk. 0.51 respectively for the same period of the previous year. However, considering proposed bonus share @ 5% for the year 2014, consolidated restated basic EPS will be Tk. 2.25 as on 30.09.2014 and Tk. 0.48 as on 30.09.2013. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>

  7. enquiry committee

    BSEC NEWS: Bangladesh Securities and Exchange Commission (BSEC) has formed an enquiry committee to investigate into unusual price increase in shares of Shahjibazar Power Company Limited in the stock exchanges.

  8. dividend declaration

    The Board of Directors has recommended 25% cash dividend and 5% stock dividend for the year ended on June 30, 2014. Date of AGM: 29.01.2015, Time: 11:00 AM, Venue: Factory premises of the Company at Fatepur, Shahjibazar, Madhabpur, Hobigonj. Record Date: 27.11.2014. The Company has also reported net profit after tax of Tk. 470.92 million, EPS of Tk. 4.13, NAV per share of Tk. 28.17 and NOCFPS of Tk. 16.42 for the year ended on June 30, 2014. The Company has also reported that the said EPS has been calculated based on Weighted Average Pre-IPO paid up number of Shares i.e. 114,118,000 shares. However, considering Post-IPO 126,798,000 number of shares, Company's basic EPS would be Tk. 3.71.

  9. no price limit

    There will be no price limit on the trading of the shares of the Company today (03.11.2014) following its corporate declaration.

  10. Directors penalized by BSEC

    BSEC NEWS: Bangladesh Securities and Exchange Commission (BSEC) has imposed penalty of Tk. 10.00 lac to each Director and Tk. 5.00 lac to Managing Director of the Company for violating Securities Rules by providing misleading facts in the un-audited quarterly accounts for the 3rd quarter ended on March 31, 2014. (As per Press Release of BSEC dated October 29, 2014).

  11. Q3(Repeat)

    Following the BSEC's investigation and appointment of special auditor M/S. A. Qasem &amp; Co. Chartered Accountants, for examination of the third quarter financial statements (Q3), it is evident that, consolidated net profit after tax (excluding non controlling interest) and EPS of BDT 168.77 million and BDT. 1.48 respectively has been revised to BDT 166.76 million and BDT 1.46 respectively for the third quarter ended on March 31st 2014 (January 14 - March 14). Consolidated net profit after tax (excluding non controlling interest) and EPS of BDT 90.47 million and BDT 0.79 has been revised to BDT 88.85 million and BDT 0.78 respectively for the same period of the previous year. Similarly, it was also evident that, consolidated net profit after tax (excluding non controlling interest) and EPS of BDT 285.48 million and BDT 2.50 has been revised to BDT 168.67 million and BDT 1.48 respectively for the period of nine months (July 13- March 14) ended on March 31st 2014. Consolidated net profit after tax (excluding non controlling interest) and EPS of BDT 222.22 million and BDT 1.95 has been revised to BDT 215.12 million and BDT 1.89 respectively for the same period of the previous year. Since the company failed to disseminate correct information, in quarterly financial statements for the period ended on 31st March, 2014, the issue would be referred to BSEC for taking appropriate measure as per security related laws.

  12. Board Meeting

    As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on November 02, 2014 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2014.

  13. DSE query

    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.

  14. Tanker Vessel purchase

    The Company has informed that the Board of Directors of Petromax Refinery Ltd., (a subsidiary of Shahjibazar Power Co. Ltd.) has decided by a resolution that, a Tanker Vessel (Name: M.T SEA WORLD-2, Registration No. C-1765) at the cost of Tk. 8.00 crore from Masum Trade International, 19, Strand Road, Bangla Bazar (SRB), Chittagong shall be purchased to meet the requirement of floating stock and distribution of finished oil. Of the total cost 70% amounting to Tk. 5.60 crore only shall be financed from Islami Bank Bangladesh Ltd. and the rest of the amount Tk. 2.40 crore only shall be financed from the Company's own source.

  15. Q3 Earning

    Following the BSEC's investigation and appointment of special auditor M/S. A. Qasem &amp; Co. Chartered Accountants, for examination of the third quarter financial statements (Q3), it is evident that, consolidated net profit after tax (excluding non controlling interest) and EPS of BDT 168.77 million and BDT. 1.48 respectively has been revised to BDT 166.76 million and BDT 1.46 respectively for the third quarter ended on March 31st 2014 (January 14 - March 14). Consolidated net profit after tax (excluding non controlling interest) and EPS of BDT 90.47 million and BDT 0.79 has been revised to BDT 88.85 million and BDT 0.78 respectively for the same period of the previous year. Similarly, it was also evident that, consolidated net profit after tax (excluding non controlling interest) and EPS of BDT 285.48 million and BDT 2.50 has been revised to BDT 168.67 million and BDT 1.48 respectively for the period of nine months (July 13- March 14) ended on March 31st 2014. Consolidated net profit after tax (excluding non controlling interest) and EPS of BDT 222.22 million and BDT 1.95 has been revised to BDT 215.12 million and BDT 1.89 respectively for the same period of the previous year. Since the company failed to disseminate correct information, in quarterly financial statements for the period ended on 31st March, 2014, the issue would refer to BSEC for taking appropriate measure as per security related laws. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>

  16. trade resume

    Trading of shares of Shahjibazar Power Co. Ltd. will resume today (20.10.2014). <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>

  17. Q3 Earnings (revised)

    (Q3-Revised): As per revised un-audited quarterly accounts for the 3rd quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported consolidated net profit after tax (excluding non-controlling interest) of Tk. 168.77 million with consolidated EPS of Tk. 1.48 as against Tk. 90.47 million and Tk. 0.79 respectively for the same period of the previous year. Whereas consolidated net profit after tax (excluding non-controlling interest) was Tk. 285.48 million with consolidated EPS of Tk. 2.50 for the period of nine months (July'13 to March'14) ended on 31.03.2014 as against Tk. 222.22 million and Tk. 1.95 respectively for the same period of the previous year.

  18. trade suspended by DSE

    Pursuant to BSEC's investigation and recent unusual upward price movement of the company, Dhaka Stock Exchange Limited (DSE), in the greater interest of investors and the capital market, has decided to suspend the trading of shares of Shahjibazar Power Co. Ltd. with effect from today (11.08.2014) until further decision.

  19. DSE query

    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.

  20. to face BSEC enquiry committee

    BSEC NEWS: Bangladesh Securities and Exchange Commission (BSEC) has formed an enquiry committee to investigate into unusual price increase in shares of Shahjibazar Power Company Limited in the stock exchanges.

  21. trade debut (Repeat)

    Trading of the shares of Shahjibazar Power Co. Ltd. will commence today (July 15, 2014) at DSE under 'N' category. DSE Trading Code for Shahjibazar Power Co. Ltd. is &quot;SPCL&quot; and DSE Company Code is 15317.

  22. Q3 Earnings(Repeat)

    The Company has reported its profit after tax Tk. 170.62 million and basic EPS Tk. 1.50 for the 3 (three) months ended on 31 March 2014 (Jan 2014-March 2014) as against profit after tax of Tk. 90.47 million and basic EPS of Tk. 0.79 for the same period of the previous year. It is to be noted that basic EPS has been calculated based on weighted average Pre-IPO paid-up number of shares i.e. 114,118,000 shares for both periods. However, considering Post-IPO 126,798,000 number of shares the Company's basic EPS for the 3 (three) months ended on 31 March 2014 would be Tk. 1.35 For the period of 9 (nine) months (July 2013 to March 2014) ended on 31 March 2014 profit after tax was Tk. 289.36 million and basic EPS was Tk. 2.54 as against profit after tax of Tk. 222.22 million and basic EPS of Tk. 1.95 for the same period of the previous year. It is to be noted that the said EPS has been calculated based on weighted average Pre-IPO paid-up number of shares i.e. 114,118,000 shares for both periods. However, considering Post-IPO 126,798,000 number of shares, Company's basic EPS would be Tk. 2.28 for 9 (nine) months ended on 31 March 2014 (July 2013 to March 2014) and NAV per share would be Tk. 27.93 as on 31 March 2014.

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