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 2018 (32).
- Resumption after record date
Trading of the shares of the Company will resume on 04.12.2018 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 03.12.2018.
- Spot News
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 29.11.2018 to 02.12.2018. Trading of the shares of the Company will remain suspended on record date i.e., 03.12.2018.
- Commencement of Commercial Operation of 150 MW HFO Fired Power Plant
Referring to their earlier news disseminated on August 13, 2017 with regard to "LOI issued by BPDB to an associate to implement HFO fired IPP power plant ", the Company has further informed that after successful testing and pre-commissioning, the 150 MW HFO Fired Power Plant at Ashugonj, B. Baria named Midland East Power Limited, which is a subsidiary of Midland Power Co. Ltd. has started its commercial operation successfully on November 26, 2018. (cont.) (Continuation news of SPCL): The project is being operated on Build, Own and Operate (BOO) basis for a period of 15 years commencing on Commercial Operation Date (COD). Shahjibazar Power Co. Ltd. holds 49% stake of Midland Power Co. Ltd., which eventually will have a prospective impact on the profitability of the Company. (end)
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 1.30 for July-September 2018 as against Tk. 1.20 for July-September 2017; Consolidated NOCFPS was Tk. 2.94 for July-September 2018 as against Tk. 0.57 for July-September 2017. Consolidated NAV per share was Tk. 34.25 as on September 30, 2018 and Tk. 32.95 as on June 30, 2018.
- 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 November 10, 2018 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, 2018.
- Dividend Declaration
The Board of Directors has recommended 25% cash and 3% stock dividend for the year ended on June 30, 2018. Date of the AGM: 27.01.2019, Time: 10:30 AM, Venue: KIB Complex Auditorium, Khamar Bari, Farmgate, Dhaka. Record date: 03.12.2018. (cont.) (Continuation news of SPCL): The Company has also reported Consolidated EPS of Tk. 4.10, Consolidated NAV per share of Tk. 32.95 and Consolidated NOCFPS of Tk. 2.53 for the year ended on June 30, 2018 as against Tk. 5.50 (restated), Tk. 34.49 and Tk. 13.61 respectively for the same period of the previous year. (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (25.10.2018) 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 24, 2018 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Entering into a Joint Venture Consortium agreement of associate company
The Company has informed that Midland Power Co. Ltd., a 49% associate of Shahjibazar Power Co. Ltd. has entered into a Joint Venture Consortium agreement to explore and implement a LNG Fired 600 MW Combined Cycle Power Plant with GE Capital US Holdings Inc. on July 12, 2018 in Dhaka. This agreement is non-binding in nature and shall be effective upon (cont.) (Continuation news of SPCL): getting the Letter of Award for the project from Bangladesh Power Development Board (BPDB). Shahjibazar Power Co. Ltd. holds 49% stake in Midland Power Co. Ltd. which eventually will have a prospective impact of the market price and profitability of the company if awarded the project by BPDB. (end)
- 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.
- Sale Confirmation of Sponsors Directors
The Company has reported that Mr. Faridul Alam and Mr. Rezakul Haider, both are Sponsors Directors of the Company, have completed their sale of 5,25,507 shares and 3,00,000 shares respectively at prevailing market price through Stock Exchange as announced earlier.
- Sale Confirmation of Sponsors
The Company has reported that Mr. Asgar Haider and Ms. Ishrat Azim Ahmad, both are Sponsors of the Company, have completed their sale of 2,00,000 shares and 5,00,000 shares respectively at prevailing market price through Stock Exchange as announced earlier.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 1.39 for January-March 2018 as against Tk. 1.66 for January-March 2017; Consolidated EPS was Tk. 3.86 for July 2017-March 2018 as against Tk. 4.87 for July 2016-March 2017. Consolidated NOCFPS was Tk. 3.32 for July 2017-March 2018 as against Tk. 7.92 for July 2016-March 2017. Consolidated NAV per share was Tk. 32.71 as on March 31, 2018 and Tk. 34.49 as on June 30, 2017.
- Sale declaration of a Sponsor
Mr. Asgar Haider, one of the Sponsors of the Company, has expressed his intention to sell 2,00,000 shares out of his total holding of 50,25,507 shares of the Company at prevailing market price (In the Block Market) through Stock Exchange (DSE) within April 30, 2018.
- Sale declarations of Sponsors Directors
Mr. Faridul Alam and Mr. Rezakul Haider, both are of the Sponsors Directors of the Company, have expressed their intentions to sell 5,25,507 shares and 3,00,000 shares out of their total holding of 53,25,507 shares and 1,41,42,418 shares respectively of the Company at prevailing market price (In the Block Market) through Stock Exchange (DSE) within April 30, 2018.
- 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 26, 2018 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.
- Sale declaration of a Sponsor
Ms. Ishrat Azim Ahmad, one of the Sponsors of the Company, has expressed her intention to sell 5,00,000 shares out of her total holding of 55,25,507 shares of the Company at prevailing market price (In the Block Market) through Stock Exchange (DSE) within April 30, 2018.
- Sale Confirmations of Sponsors Director
Ms. Rezina Alam, Mr. Akbor Haider and Mr. Feroz Alam, all are Sponsors & Director of the Company, have further reported that they have completed their sale of 5,00,000 shares, 5,00,000 shares and 10,00,000 shares respectively of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale declarations of Sponsors Director
Ms. Rezina Alam, Mr. Akbor Haider and Mr. Feroz Alam, all are Sponsors & Director of the Company, have expressed their intentions to sell 5,00,000 shares, 5,00,000 shares and 10,00,000 shares each out of their total holdings of 55,25,507 shares, 55,25,507 shares and 1,39,23,317 shares respectively at prevailing market price (In the Block Market) through Stock Exchange (DSE) within April 30, 2018.
- Dividend Disbursement
The Company has informed that it has disbursed Cash Dividend for the year ended on June 30, 2017 to the respective shareholders' Bank Accounts through BEFTN and printed warrants to the respective shareholders through Islami Bank Bangladesh Ltd., effective from February 28, 2018.
- Dividend Disbursement
The Company has informed that it has credited bonus share for the year ended on June 30, 2017 to the respective shareholders' BO Accounts on February 20, 2018.
- Sale confirmation of a Sponsor
Mr. Asgar Haider, one of the Sponsors of the Company, has further reported that he has completed his sale of 5,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale confirmation of a Sponsor Director
Mr. Anis Salahuddin Ahmad, one of the Sponsors Directors of the Company, has further reported that he has completed his sale of 15,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 1.45 for October-December, 2017 as against Tk. 1.79 for October-December, 2016; Consolidated EPS was Tk. 2.82 for July-December, 2017 as against Tk. 3.66 for July-December, 2016. Consolidated NOCFPS was Tk. 2.02 for July-December, 2017 as against Tk. 3.81 for July-December, 2016. Consolidated NAV per share was Tk. 37.31 as on December 31, 2017 and Tk. 35.53 as on June 30, 2017.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity rating (Surveillance) of the Company as "AA1" along with a stable outlook based on audited financial statements up to June 30, 2017; bank liability position as on December 31, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Sale confirmation of a Sponsor
Mr. Faridul Alam, one of the Sponsors of the Company, has further reported that he has completed his sale of 2,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- 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 January 29, 2018 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, 2017.
- Sale declaration of a Sponsor Director
Mr. Anis Salahuddin Ahmad, one of the Sponsors Directors of the Company, has expressed his intention to sell 15,00,000 shares out of his total holding of 1,39,02,033 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange (DSE) within next 30 working days.
- Sale declaration of a Sponsor
Mr. Asgar Haider, one of the Sponsors of the Company, has expressed his intention to sell 5,00,000 shares out of his total holding of 48,46,936 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange (DSE) within next 30 working days.
- Sale confirmation of a Sponsor Director
Mr. Feroz Alam, one of the Sponsors Directors of the Company, has further reported that he has completed his sale of 5,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale declaration of a Sponsor
Mr. Faridul Alam, one of the Sponsors of the Company, has expressed his intention to sell 2,00,000 shares out of his total holding of 48,46,936 shares of the Company at prevailing market price (In the Block Market) through Stock Exchange (DSE) within next 30 working days.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.