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 2015 (22).
- Resumption after Record date
Normal trading of the shares of the Company will resume on 08.12.2015 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 07.12.2015.
- 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 03.12.2015 to 06.12.2015. Trading of the shares of the Company will remain suspended on record date i.e., 07.12.2015.
- Q1
Consolidated EPS for July-September, 2015 was Tk. 1.18 as against Tk. 2.25 for July-September, 2014; Consolidated NOCFPS was Tk. 3.87 for July-September, 2015 as against Tk. 2.35 for July-September, 2014. Consolidated NAV per share was Tk. 30.85 as of September 30, 2015 and Tk. 30.60 as of June 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 November 12, 2015 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2015.
- Dividend Declaration
The Board of Directors has recommended 28% cash dividend and 3% stock dividend for the year ended on June 30, 2015. Date of the AGM: 08.02.2016, Time: 11:00 AM, Venue: KIB Complex Auditorium, Krishi Khamar Road, Farmgate, Dhaka-1215. Record date: 07.12.2015. The Company has also reported Net Profit after Tax of Tk. 958.92 million, EPS of Tk. 7.20, NAV per share of Tk. 30.60 and NOCFPS of Tk. 1.53 for the year ended on June 30, 2015 as against Tk. 470.92 million, Tk. 3.91 (restated), Tk. 28.17 and Tk. 16.42 respectively for the year ended on June 30, 2014.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.10.2015) 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 October 28, 2015 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2015.
- Imposing Fine on Directors of a subsidiary Company of SPCL
BSEC News: BSEC has fined Tk. 10.00 lac to Mr. Feroz Alam (Managing Director & Director), Tk. 10.00 lac to Mr. Faridul Alam (Director), Tk. 10.00 lac Mr. Rezakul Haider (Director), Tk. 10.00 lac to Mr. Anis Salahuddin Ahmad (Director) and Tk. 10.00 lac to Mr. A. K. M. Badiul Alam (Director) of Petromax Refinery Limited, subsidiary company of Shahjibazar Power Co. Ltd. for non-compliance with the securities related laws.
- Fine impose for violating securities related laws on share trading of SPCL
BSEC News: BSEC has fined Tk. 2.00 lac to Libra Trading Corporation Ltd., Tk. 5.00 lac to Getco Telecommunication Ltd., Tk. 2.00 lac to Sharp Securities Ltd., Tk. 1.00 lac to BLI Capital Limited, Tk. 1.00 lac to AIBL Capital Market Services Ltd., Tk. 20.00 lac to Prime Finance Capital Management Limited and Tk. 10.00 lac to Mr. Golam Mohiuddin for violating securities related laws on share trading of SPCL.
- Query Response
In response to a DSE query dated July 22, 2015, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- BSEC Directive
In exercise of the power conferred by section 20A of the Securities and Exchange Ordinance, 1969 (XVII of 1969), the Bangladesh Securities and Exchange Commission hereby repeals its Directive No. BSEC/Surveillance/2014-0840/449(A) dated November 18, 2014 and also directs the Dhaka Stock Exchange Ltd. and the Chittagong Stock Exchange Ltd. that; The stock exchanges shall not entertain the security of Shahjibazar Power Company Limited as "marginable securities" under clause (d) of sub-rule (12) of rule 3 of the Margin Rules, 1999 and the stock dealers/brokers shall not provide margin loan facilities to purchase the said security. This Directive shall be effective from the trading day of 21st July, 2015, and shall continue until further Directive.
- Trading in Public Market
The BSEC has repealed its previously imposed Directive No. BSEC/Surveillance/2014-0840/449(A) dated November 18, 2014 on Shahjibazar Power Company Ltd. In this connection, The Dhaka Stock Exchange Ltd. places the shares of Shahjibazar Power Company Ltd. under Public Market for trading (instead of SPOT Market), with relevant settlement and clearance regulations applicable for the trades in the Public Market. This shall be effective from today i.e. 21st July, 2015.
- Sale and purchase agreement of a subsidiary of SPCL
The Company has informed that Pertromax Refinery Ltd. (PRL), a subsidiary of Shahjibazar Power Co. Ltd. (SPCL) has entered into a Condensate sale and Purchase Agreement with Rupantarita Prakritik Gas Company Ltd. (RPGCL). The contract shall initially be for two years of validity to supply a total of 1.50 lac Metric Ton condensate to PRL subject to the availability at Ashuganj Condensate Handling Installation of RPGCL.
- Q3 Financials
Consolidated Net Profit after tax (excluding non controlling interest) from Jan15 to March15 was Tk. 264.92 million with consolidated EPS of Tk. 1.99 as against Tk. 166.76 million and Tk. 1.38 respectively for the same period of the previous year. Whereas Consolidated Net Profit after tax from July14 to March15 was Tk. 843.19 million with consolidated EPS of Tk. 6.33 as against Tk. 168.67 million and Tk. 1.40 respectively for the same period of the previous year.
- Category Change
The Company will be placed in A category from existing N category with effect from March 05, 2015 as the Company has reported disbursement of 25% cash dividend and 5% stock dividend for the year ended on June 30, 2014.
- Query Response
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.
- Dividend Disbursement
The Company has informed that Cash dividend for the year ended on June 30, 2014 has been dispatched to the respective shareholders Bank Accounts through Bangladesh Electronic Fund Transfer Network (BEFTN) System on March 01, 2015.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on June 30, 2014 to the respective shareholders BO Account on February 24, 2015.
- Furnishing 12 digit TIN Number
The Company has informed that as per Income Tax Ordinance 1984, section 54, sub section (1), clause (b), sub clause (ii) every shareholder other than company is required to furnish 12 digit TIN numbers for deduction of Advance Income Tax (AIT) at the rate of 10% on dividend income. Those who would fail to furnish the 12 digit TIN will be subject to deduction of AIT at the rate of 15% on dividend income.Therefore, the shareholders other than company are requested to submit their 12 digit TIN to the address of Company Secretary, Shahjibazar Power Company Ltd., 822/2 Rokeya Sarani, Mirpur, Dhaka-1216 or E-mail the scanned copy at yeasinyouthbd.com on or before February 19, 2015.
- Credit Rating
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating (surveillance) of the Company as AA2 with a stable outlook based on audited financial statement as on June 30, 2014, bank liability position as of January 20, 2015 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Query Response
In response to a DSE query dated January 26, 2015, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.