S. S. Steel Limited announcements
134 Dhaka Stock Exchange announcements for S. S. Steel Limited (SSSTEEL) since 2021: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (25).
- Postponement of Board Meeting under LR 19(1)
The Company has further informed that, due to unavoidable circumstances, the Board meeting as per LR 19(1), scheduled to be held on November 23, 2022 at 6:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022, has been postponed. New date and time of the meeting will be notified later.
- 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 November 23, 2022 at 6:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Resumption after record date
Trading of the shares of the company will resume on 07.08.2022 after record date.
- Suspension for Record date
Trading of the shares will remain suspended on record date i.e., 04.08.2022 for EGM.
- Spot for EGM
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 from 02.08.2022 to 03.08.2022 and trading of the shares will remain suspended on record date i.e., 04.08.2022 for EGM.
- Decision to hold an EGM (Correction)
Refer to their earlier news disseminated by DSE on 12.07.2022 regarding Decision to make equity investment, the title of the news would be: Decision to hold an EGM instead of Decision to make equity investment. Other information will remain unchanged.
- Decision to make equity investment
Referring to their earlier news disseminated by DSE on 27.04.2022 regarding Decision to make equity investment, the Company has further informed that the Board of Directors has decided to hold the EGM due to: i) proposed revision of utilization plan of unutilized IPO Proceeds; to pay outstanding Time Loan/Short Term Loan and ii) equity investment in Al-Falah Steel & Re-Rolling Mills Limited. Date of EGM: 03.09.2022, Time: 11:00 AM, Venue: Digital Platform. Record Date for EGM: 04.08.2022.
- Board Decision to purchase of floor spaces
(Continuation news of SSSTEEL): The total costs incurred for purchasing is BDT 15,40,74,505.00 (Fifteen Crore Forty Lac Seventy-Four Thousand Five Hundred & Five) only. This capital expenditure will reduce administrative expenses, enhance focus on operational activities and all units will be centralized. (end)
The first part of this announcement is missing from the archive. - Category Change
The Company will be placed in 'A' category from existing 'B' category with effect from May 22, 2022 as the Company has reported disbursement of 2% cash and 8% stock dividends for the year ended June 30, 2021.
- Q3 Financials
(Continuation news of SSSTEEL): Consolidated NAV per share (with revaluation) was Tk. 23.71 as on March 31, 2022 and Tk. 23.58 as on June 30, 2021. Consolidated NAV per share (without revaluation) was Tk. 21.29 as on March 31, 2022 and Tk. 20.95 as on June 30, 2021. (end)
The first part of this announcement is missing from the archive. - Dividend Disbursement
The Company has informed that the Bonus Shares of the Company for the year ended June 30, 2021 have already been credited through CDBL to the respective shareholders' BO Accounts on May 17, 2022.
- 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 May 17, 2022 at 6:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- Decision to make equity investment
(Continuation news of EPGL): retained earnings and partly from the Bank/Financial institutions through S. S. Steel Limited. Venue and date and time of EGM will be notified later. (end)
The first part of this announcement is missing from the archive. - Resumption after record date
Trading of the shares of the Company will resume on 26.04.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 25.04.2022.
- Spot for entitlement of 8% Stock Dividend
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 21.04.2022 to 24.04.2022. Trading of the shares of the Company will remain suspended on record date i.e., 25.04.2022.
- Consent from BSEC and Record date for entitlement of 8% Stock Dividend
Refer to their earlier news disseminated by DSE on 05.04.2022 regarding BSEC Cancellation of 8% Bonus Share for the year ended June 30, 2021, the Company has further informed that BSEC has accorded consent for issuance of 8% Stock Dividend for the year ended June 30, 2021. The Company has also informed that the Board of Directors has fixed the Record date on 25.04.2022 for entitlement of the aforesaid Bonus Shares.
- BSEC Cancellation of 8% Bonus Share for the year ended June 30, 2021
The Company has informed that the 2% cash dividend for General Shareholders other than Sponsors and Directors and 8% stock dividend for all shareholders proposed by the Board of directors of S. S. Steel Limited were approved by the shareholders in the Annual General Meeting-2021. Accordingly, an application was made by the Company to the Commission and Bangladesh Securities and Exchange Commission has canceled the said 8% stock dividend for the year ended June 30, 2021.
- Category Change
The Company has been placed in 'B' category from existing 'A' category with effect from April 06, 2022 as the Company has disbursed 2% cash dividend for the year ended June 30, 2021.
- Q2 Financials
(Continuation news of SSSTEEL): Consolidated NAV per share (without revaluation) was Tk. 20.65 as on December 31, 2021 and Tk. 20.95 as on June 30, 2021. The Company has also informed that bonus shares issued in 2020-2021 have been considered in the calculation of EPS, NAV, NOCFPS which is yet to receive approval from BSEC. (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 February 24, 2022 at 6:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2021.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.73 for July-September 2021 as against Tk. 0.71 for July-September 2020; Consolidated NOCFPS was Tk. 0.54 for July-September 2021 as against Tk. (1.53) for July-September 2020. Consolidated NAV per share (with revaluation) was Tk. 24.32 as on September 30, 2021 and Tk. 23.58 as on June 30, 2021; Consolidated NAV per share (without revaluation) was Tk. 21.71 as on September 30, 2021 and Tk. 20.95 as on June 30, 2021.
- 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 17, 2022 at 6:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.
- Qualified Opinion & Emphasis of matters
(Continuation news of SSSTEEL): Due to Covid-19 country-wide lockdown, we were unable to carry out the inventory counting as on 30 June 2021. On our factory visit to check the inventory at a later date, we verified the inventory on a sample test basis. Hence, for the inventory figure reported in the financial statements, we need to rely on management report of inventory at year end. (end)
The first part of this announcement is missing from the archive.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.