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 2022 (30).
- Credit Rating Agency of Bangladesh Limited (CRAB) has assigned the Entity rating (Surveillance) of the Company as \"AA1\
Credit Rating Agency of Bangladesh Limited (CRAB) has assigned the Entity rating (Surveillance) of the Company as \"AA1\" in the long term and \"ST-1\" in the short term along with a stable outlook based on audited financial statements up to June 30, 2022; bank liability position as on November 30, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Resumption after record date
Trading of the shares of the Company will resume on 04.12.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 01.12.2022.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 29.11.2022 to 30.11.2022. Trading of the shares will remain suspended on record date i.e., 01.12.2022.
- (Q1 Un-audited): Consolidated EPS was Tk. 0.43 for July-September 2022 as against Tk. 2.05 for July-September 2021; Cons
(Q1 Un-audited): Consolidated EPS was Tk. 0.43 for July-September 2022 as against Tk. 2.05 for July-September 2021; Consolidated NOCFPS was Tk. 0.01 for July-September 2022 as against Tk. 0.53 for July-September 2021. Consolidated NAV per share was Tk. 38.63 as on September 30, 2022 and Tk. 38.19 as on June 30, 2022. (cont.)
- Q1 Financials
(Continuation news of SPCL): Reasons for significant deviation: NOCFPS reduced for excess inventory tied due to production and very minimum delivery of product of subsidiary company (Petromax Refinery Ltd) and also power generation entities owe a substantial amount of bill from BPDB. EPS decreased due to fall in profit of subsidiary and associate companies. (end)
The first part of this announcement is missing from the archive. - 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 14, 2022 at 6:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
- The Board of Directors has recommended 16\% cash and 4\% stock dividend for the year ended June 30, 2022. Date of AGM: 2
The Board of Directors has recommended 16\% cash and 4\% stock dividend for the year ended June 30, 2022. Date of AGM: 29.01.2023, Time: 11:00 AM, Venue: Digital Platform. Record date: 01.12.2022. The Company has also reported Consolidated EPS of Tk. 4.30, Consolidated NAV per share of Tk. 38.19 and Consolidated NOCFPS of Tk. 6.85 for the year ended June 30, 2022 as against Tk. 6.28, Tk. 36.58 and Tk. 12.63 respectively for the same period of the previous year. (cont.1)
- (Continuation news of SPCL): Reasons for declaration of stock dividend: i) Bonus Shares have been recommended with the o
(Continuation news of SPCL): Reasons for declaration of stock dividend: i) Bonus Shares have been recommended with the objective to utilize its retained amount as capital for Balancing and Modernization. ii) Bonus shares are declared out of accumulated profit. (cont. 2)
The first part of this announcement is missing from the archive. - (Continuation news of SPCL): iii) Bonus shares are not declared from capital reserve or revaluation reserve or any unrea
(Continuation news of SPCL): iii) Bonus shares are not declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post-dividend retained earnings become negative or a debit balance. (cont. 3)
The first part of this announcement is missing from the archive. - (Continuation news of SPCL): Reasons for Significant Deviation: The underlying reasons for that significant deviation ca
(Continuation news of SPCL): Reasons for Significant Deviation: The underlying reasons for that significant deviation can be attributed to fall in profits of subsidiary and associate companies. The 90\% subsidiary of refinery business was operated under capacity due to lower availability of Natural Gas Condensate (NGC) from the Government. Moreover, the associate business of 150 MW HFO fired power plant had several HFO import consignments booked at the USD exchange rate of BDT 84-87 as of March 2022.(cont.4
The first part of this announcement is missing from the archive. - Dividend Declaration
(Continuation news of SPCL): Whereas the foreign exchange market turbulence has started thereof and in the next immediate quarter from April-June 2022 those import consignments matured for payment and USD rate was by the time hits as high as up to BDT 110 per USD causing a huge currency exchange loss reflected in the profitability of this power generation business. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.10.2022) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
- 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 27, 2022 at 6:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- The Company has informed that Petromax Refinery Ltd (PRL) a subsidiary of Shahjibazar Power Co. Ltd. (SPCL) has been sup
The Company has informed that Petromax Refinery Ltd (PRL) a subsidiary of Shahjibazar Power Co. Ltd. (SPCL) has been supplying premium gasoline to Bangladesh Petroleum Corporation (BPC) since commercial operation in gazette price set by the Government. Energy and Mineral Resources Division (EMRD) of the Government vide their published gazette on October 10, 2022 has provided a formula to fix the price of premium grade (Cont.1)
- (continuation news of SPCL): gasolines i.e. Octane and Petrol from the imported raw materials instead of previous gazett
(continuation news of SPCL): gasolines i.e. Octane and Petrol from the imported raw materials instead of previous gazette price of same products. As per the gazette Price Fixation Formula will be: a) Diesel/Octane price shall be fixed after adding average premium applicable for Diesel/Octane, Import Duty, River Dues, Bank Charge (LC Commission), Financing Charge and Operational Loss with average of PLATTS rate (MOPAG) of immediate preceding month less 1\% discount before VAT (Cont.2)
The first part of this announcement is missing from the archive. - (continuation news of SPCL): subject to maintaining a quality standard specified by BSTI and similar to the standard of
(continuation news of SPCL): subject to maintaining a quality standard specified by BSTI and similar to the standard of Imported Diesel, Octane and Petrol by BPC. Applicable VAT rate shall be added with the supply price and purchase price for Octane/Diesel shall be fixed thereafter. In the event of settling the value through L/C, the Bank charge (L/C Commission) component of the above formula shall not be applicable. b) Since there is no PLATTS?s price list available for Petrol, the (Cont. 3)
The first part of this announcement is missing from the archive. - (continuation news of SPCL): price of Petrol shall be fixed after deducting Tk. 4.00 per liter from the Octane price/Lit
(continuation news of SPCL): price of Petrol shall be fixed after deducting Tk. 4.00 per liter from the Octane price/Liter fixed by applying the above formula. Applicable VAT rate shall be added with the supply price and purchase price for Octane/Diesel shall be fixed thereafter. In the event of settling the value through L/C, the Bank charge (L/C Commission) component of the above formula shall not be applicable. (Cont. 4)
The first part of this announcement is missing from the archive. - Revised sale price of premium gasolines of a subsidiary Company
(continuation news of SPCL): c) In every month within 7th (Seven) day BPC shall re-fix the price of Octane/Petrol/Diesel applying the above formula and publish the same in a form of notification. (end)
The first part of this announcement is missing from the archive. - 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 and increase in volume of shares.
- Share Transmission Completion of Deceased Sponsor among his successors
The Company has further informed that 1,54,27,046 shares of Mr. Rezakul Haider, one of the Sponsors and Chairman of the company, have been transmitted to his successors according to the Succession Certificate issued by the Honorable Court as news disseminated on 07.09.2022.
- Share Transmission of Deceased Sponsor among his successors (Correction)
(Correction): The Company has informed that Mr. Rezakul Haider, one of the Sponsors and Chairman of the company passed away on 23.04.2021. His holding 1,54,27,046 shares will be transmitted among his successors Mr. Akbor Haider (Son), Sponsor Director; Mr. Asgar Haider (Son), Sponsor Director and Ms. Sofura Haider (Wife), General Share Holder of the Company, according to the Succession Certificate issued by the Honorable Court.
- Share Transmission of Deceased Sponsor among his successors
The Company has informed that Mr. Abdur Rahman, one of the Sponsors and Chairman of the company passed away on 23.04.2021. His holding 1,54,27,046 shares will be transmitted among his successors Mr. Akbor Haider (Son), Sponsor Director; Mr. Asgar Haider (Son), Sponsor Director and Ms. Sofura Haider (Wife), General Share Holder of the Company, according to the Succession Certificate issued by the Honorable Court.
- (Q3 Un-audited): Consolidated EPS was Tk. 2.51 for January-March 2022 as against Tk. 1.56 for January-March 2021; Consol
(Q3 Un-audited): Consolidated EPS was Tk. 2.51 for January-March 2022 as against Tk. 1.56 for January-March 2021; Consolidated EPS was Tk. 5.70 for July 2021-March 2022 as against Tk. 4.53 for July 2020-March 2021. Consolidated NOCFPS was Tk. 3.98 for July 2021-March 2022 as against Tk. 8.93 for July 2020-March 2021. Consolidated NAV per share was Tk. 39.59 as on March 31, 2022 and Tk. 36.58 as on March 31, 2021. (cont.)
- Q3 Financials
(Continuation news of SPCL): NOCFPS decreased due to increase of considerable amount of accounts receivable. (end)
The first part of this announcement is missing from the archive. - 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 28, 2022 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended on June 30, 2021 to the respective shareholders' BO Accounts on February 15, 2022.
- Q2 Financials
(Continuation news of SPCL): The Company has also informed that the significant deviation in EPS can be attributed to decrease of considerable amount of profit of subsidiary company and associate company. The significant deviation in NOCFPS can be attributed to increase of considerable amount of accounts receivable. (end)
The first part of this announcement is missing from the archive. - 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 30, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.