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 2024 (30).
- Qualified Opinion, Emphasis of Matter & Other Matter
The auditor of the company has given 'Qualified Opinion,' 'Emphasis of Matter,' and 'Other Matter' paragraph in the auditor's report of "S.S. Steel Limited & Its Subsidiary" for the year ended June 30, 2024. To view the details please visit: https://www.dsebd.org/Auditors_opinion/2024/SSSteel_2024.pdf
- Qualified Opinion, Emphasis of Matter and Other Matter
The auditor of the company has given the "Qualified Opinion", "Emphasis of Matter" and "Other Matter" paragraphs in the Auditor's Report of the company for the year ended June 30, 2024. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/SSSTEEL_2024.pdf
- Resumption after Record Date
Trading of the shares of the company will resume on 08.12.2024.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 05.12.2024.
- 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 03.12.2024 to 04.12.2024 and trading of the shares will remain suspended on record date i.e., 05.12.2024.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.03 for July-September 2024 as against Tk. 0.02 for July-September 2023; Consolidated NOCFPS was Tk. 3.51 for July-September 2024 as against Tk. (0.17) for July-September 2023. Consolidated NAV per share without revaluation was Tk. 21.64 as on September 30, 2024 and Tk. 21.69 as on June 30, 2024; Consolidated NAV per share with revaluation was Tk. 23.77 as on September 30, 2024 and Tk. 23.87 as on June 30, 2024. Reason for significant deviation: (cont.) (cont. news of SSSTEEL): The increase in NOCFPS from Tk. (0.17) to Tk. 3.51 is primarily attributable to higher cash collections from customers and improved working capital management, including efficient receivables collection and reduced inventory levels. Additionally, effective cost control measures and a decrease in prepayments contributed to enhanced operating cash flows, reflecting improved liquidity and operational efficiency during the period. (end)
- 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 28, 2024 at 6:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
- Dividend Declaration
The Board of Directors has recommended 2.00% Cash dividend only for General Shareholders excluding Sponsors & Directors for the year ended June 30, 2024. The quantities of securities held by the said sponsors and/or directors who will not be entitled to recommended dividend: 101,673,775 shares. The amount payable to the general shareholders is Tk. 45,391,885.00. Date of AGM: 31.12.2024, Time: 11:00 AM, Venue: Hybrid System at International Conventiion City, Bashundhara, (cont.) (Cont. news of SSSTEEL): Hall No. 5 (Pushpanjali). Record Date: 05.12.2024. The Company has also reported consolidated EPS of Tk. 0.17, consolidated NAV per share with revaluation of Tk. 23.87, consolidated NAV per share without revaluation of Tk. 21.69 and consolidated NOCFPS of Tk. (23.30) for the year ended June 30, 2024 as against Tk. 0.05, Tk. 23.99, Tk. 21.50 and Tk. (2.46) respectively for the year ended June 30, 2023. (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (17.11.2024) following its corporate declaration.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that the Board meeting under LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on November 14, 2024 at 6:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- Credit Rating Result
Emerging Credit Rating Limited (ECRL) has affirmed surveillance rating of the Company as "BBB" in the long term and "ST-3" in the short term along with a Stable outlook based on audited financial statements up to June 30, 2023, quarterly unaudited financial statements up to March 31, 2024 and other relevant quantitative as well as qualitative information up to the date of rating.
- Postponement of Board Meeting schedule under LR 19(1)
The Company has further informed that due to unavoidable circumstances, the meeting scheduled to be held on October 28, 2024 at 6:30 PM as per LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, to consider, among others, audited financial statements of the Company for the year ended June 30, 2024, has been postponed.
- 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, 2024 at 6:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
- (Q3 Un-audited): Consolidated EPS was Tk. 0.09 for January-March 2024 as against Tk. 0.009 for January-March 2023; Conso
(Q3 Un-audited): Consolidated EPS was Tk. 0.09 for January-March 2024 as against Tk. 0.009 for January-March 2023; Consolidated EPS was Tk. 0.12 for July 2023-March 2024 as against Tk. 0.027 for July 2022-March 2023. Consolidated NOCFPS was Tk. (5.41) for July 2023-March 2024 as against Tk. (7.84) for July 2022-March 2023. (cont.)
- Q3 Financials
(Continuation news of SSSTEEL): Consolidated NAV per share (with revaluation) was Tk. 22.19 as on March 31, 2024 and Tk. 23.99 as on June 30, 2023. Consolidated NAV per share (without revaluation) was Tk. 19.92 as on March 31, 2024 and Tk. 21.50 as on June 30, 2023. (end)
The first part of this announcement is missing from the archive. - Sale Confirmation of a Sponsor
Mr. Mohammad Shirajul Islam, a Sponsor of the Company, has further informed that he has completed his sale of 28,00,000 shares of the Company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated on 21.04.2024.
- 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 30, 2024 at 7:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Sale Declaration of a Sponsor
Mr. Mohammad Shirajul Islam, a Sponsor of the Company, has expressed his intention to sell 28,00,000 shares out of his total holding of 37,13,506 shares of the company at prevailing market price (in the Public/Block Market) through Dhaka Stock Exchange PLC. within April 30, 2024.
- The company has informed that the Board of Directors of the company in its meeting held on April 09, 2024 has approved,
The company has informed that the Board of Directors of the company in its meeting held on April 09, 2024 has approved, among other issues, the proposal for issuance of Convertible Bonds amounting to BDT 5,000,000,000.00 (In word: five hundred crores only) (in face value) through private placement, subject to the approval of the regulatory authorities, with following key features: (cont.)
- Board approval for issuance of Convertible Bonds
(Continuation news of SSSTEEL): Issue Type- Unsecured, Convertible or Redeemable Coupon Bearing Bond, Tenure- 7 years, i.e. 84 months from the Issuance Date, Use of Proceeds- Repayment of Bank loan and Balancing, Modernization, Rehabilitation, and Expansion (BMRE) of the existing project. (end)
The first part of this announcement is missing from the archive. - Sale Confirmation of a Sponsor
Referring to declaration disseminated on 18.02.2024, the company has informed that Mr. Mohammad Shirajul Islam, a Sponsor of the Company, has completed his sale of 30,00,000 shares (1,501,056 shares through Block Market and 1,498,944 shares through Public Market) of the Company at prevailing market price through Dhaka Stock Exchange PLC.
- Buy Confirmation of a Corporate Director
Referring to declaration disseminated on 18.02.2024, the company has informed that NJ Holdings Ltd., a Corporate Director of the Company, has completed its buying of 30,00,000 shares (1,501,056 shares through Block Market and 1,498,944 shares through Public Market) of the company at prevailing market price through Dhaka Stock Exchange PLC.
- Sale Declaration of a Sponsor
Mr. Mohammad Shirajul Islam, a Sponsor of the Company, has expressed his intention to sell 30,00,000 shares out of his total holding of 67,13,506 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange PLC. within next 30 working days.
- Buy Declaration of a Corporate Director
NJ Holdings Ltd., a Corporate Director of the Company, has expressed its intention to buy 30,00,000 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange PLC. within next 30 working days.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
- (Q2 Un-audited): Consolidated EPS was Tk. 0.01 for October-December 2023 as against Tk. 0.01 for October-December 2022;
(Q2 Un-audited): Consolidated EPS was Tk. 0.01 for October-December 2023 as against Tk. 0.01 for October-December 2022; Consolidated EPS was Tk. 0.03 for July-December 2022 as against Tk. 0.02 for July-December 2022. Consolidated NOCFPS was Tk. (11.76) for July-December 2023 as against Tk. (8.13) for July-December 2022. Consolidated NAV per share (with revaluation) was Tk. 23.89 as on December 31, 2023 and Tk. 23.99 as on June 30, 2023. (cont.)
- Q2 Financials
(Continuation news of SSSTEEL): Consolidated NAV per share (without revaluation) was Tk. 21.47 as on December 31, 2023 and Tk. 21.50 as on June 30, 2023. Reasons for deviation in NOCFPS: NOCFPS has been decreased due to increase payment to the suppliers and others expenses and decrease collection from the customers (end)
The first part of this announcement is missing from the archive. - Q2 Financials (Revised)
Please read Consolidated EPS as Tk. 0.03 for July-December 2023 instead of July-December 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 January 31, 2024 at 6:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
- Category Change
The Company will be placed in 'B' category from existing 'A' category with effect from January 02, 2024 as the Company has approved 2% Cash Dividend for the year ended June 30, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.