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 2016 (20).
- Resumption after record date
Trading of the shares of the Company will resume on 06.12.2016 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 05.12.2016.
- 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 01.12.2016 to 04.12.2016. Trading of the shares of the Company will remain suspended on record date i.e., 05.12.2016.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 1.93 for July-September, 2016 as against Tk. 1.18 for July-September, 2015; Consolidated NOCFPS was Tk. 0.43 for July-September, 2016 as against Tk. 3.87 for July-September, 2015. Consolidated NAV per share was Tk. 33.99 as of September 30, 2016 and Tk. 32.06 as of June 30, 2016.
- 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 13, 2016 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, 2016.
- Dividend Declaration
The Board of Directors has recommended 30% cash dividend and 3% stock dividend for the year ended on June 30, 2016. Date of the AGM: 05.02.2017, Venue: KIB Complex Auditorium, Khamar Bari, Farmgate, Dhaka-1215. Record date: 05.12.2016. The Company has also reported EPS of Tk. 5.14, NAV per share of Tk. 32.06 and NOCFPS of Tk. 8.20 for the year ended on June 30, 2016 as against Tk. 6.92 (restated), Tk. 29.64 (restated) and Tk. 1.49 (restated) respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.10.2016) following its corporate declaration.
- Time of the 9th AGM
The Company has further informed that the 9th AGM of the Company will be held on February 05, 2017 at 11:00 AM. Other information of the AGM is as announced earlier.
- 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 October 27, 2016 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2016.
- BSEC Directive on withdrawal of non-marginable security status of SPCL
BSEC vide its Directive No. BSEC/Surveillance/2014-0840/752 dated September 01, 2016 has directed that:"Bangladesh Securities and Exchange Commission considers it to be expedient in the interest of the capital market and the investors in securities, certain previous directives on trading in shares of Shahjibazar Power Company Limited (SPCL) should be repealed; Now, therefore, 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 Directives having Ref. Nos. BSEC/Surveillance/2014-0840/449(A) dated: November 18, 2014, BSEC/Surveillance/2014-0840/449(B) dated: November 18, 2014 and BSEC/Surveillance/2014-0840/683 dated: July 14, 2015. This Directive shall be effective from the trading day of September 04, 2016."
- Query Response
In response to a DSE query dated June 06, 2016, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.
- Revised Price of Petroleum
The Company has informed that Gross Revenue of Petromax Refinery Ltd. (PRL), a 90% owned subsidiary of Shahjibazar Power Co. Ltd. (SPCL), shall approximately be increased by around Tk. 730.00 million per yearly basis as the Ministry of Power, Energy and Mineral Resources has revised the price of petroleum products vide a Government gazette on May 24, 2016. The per liter change of price including VAT on the petroleum products with effect from May 24, 2016 are as follows: Product Name: Diesel from Existing Price Tk. 55.94 per Ltr. to Revised Price Tk. 58.00 per Ltr., Kerosene from Existing Price Tk. 55.92 per Ltr. to Revised Price Tk. 59.00 per Ltr., Petrol from Existing Price Tk. 56.29 per Ltr. to Revised Price Tk. 60.00 per Ltr., Octane from Existing Price Tk. 58.27 per Ltr. to Revised Price Tk. 67.00 per Ltr.
- Q3 Financials
Consolidated EPS was Tk. 1.26 for January-March, 2016 as against Tk. 1.93 for January-March, 2015; Consolidated EPS was Tk. 3.59 for July, 2015-March, 2016 as against Tk. 6.15 for July, 2014-March, 2015. Consolidated NOCFPS was Tk. 0.72 for July, 2015-March, 2016 as against Tk. (0.22) for July, 2014-March, 2015. Consolidated NAV per share was Tk. 30.58 as of March 31, 2015 and Tk. 29.71 as of June 30, 2015.
- 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 27, 2016 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2016.
- Cash Dividend Disbursement
The Company has informed that it has disbursed Cash Dividend for the year ended on June 30, 2015 to the respective shareholders' Bank Accounts through BEFTN System.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on June 30, 2015 to the respective shareholders' BO Accounts on February 18, 2016.
- Furnishing 12 digits
The Company has requested the shareholders to furnish there 12 digit e-TIN for deduction of Advance Income Tax (AIT) at the rate of 10% on dividend income along with corresponding BO A/C Numbers to the address of Company Secretary, Shahjibazar Power Co. Ltd. 822/2 Rokeya Sarani, Dhaka-1216 or E-Mail the scanned copy of TIN and BO Setup at [email protected] on or before February 18, 2016. Those who would fail to furnish the 12 digit E-TIN will be subject to a deduction of 15% AIT on Dividend income.
- Q2 Financials
Consolidated EPS was Tk. 1.21 for October-December, 2015 as against Tk. 2.20 for October-December, 2014; Consolidated EPS was Tk. 2.40 for July-December, 2015 as against Tk. 4.56 for July-December, 2014. Consolidated NOCFPS was Tk. 3.98 for July-December, 2015 as against Tk. 6.50 for July-December, 2014. Consolidated NAV per share was Tk. 32.03 as of December 31, 2015 and Tk. 29.71 as of June 30, 2015.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating (surveillance) of the Company as "AA2" along with a stable outlook based on audited financial statements up to June 30, 2015; bank liability position as on December 31, 2015 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- 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 January 30, 2016 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2015.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.