Standard Ceramic Industries Limited announcements
267 Dhaka Stock Exchange announcements for Standard Ceramic Industries Limited (STANCERAM) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2018 (21).
- Qualified Opinion
(Qualified Opinion): The auditor of the company has given the following "Qualified Opinion" paragraph in the audit report of the company prepared for the year ended on 30 June 2018. Basis for Qualified Opinion: The Board of Directors of the company has recommended 2% cash dividend to the public shareholders only other than sponsors shareholders & directors as mentioned in note-42 of the financial statements despite having negatively retained earnings of Tk. (9,250,640) (cont.) (Continuation news of STANCERAM): which is not consistent with para 6(2) of the notification issued by Bangladesh Securities and Exchange Commission no. BSEC/CMRRCD/2006-158/208/Admin/81 dated 20 June 2018 where it, has been mentioned that no dividend shall be declared through doing anything so that the post-dividend retained earnings become negative or a debit balance. (end)
- Resumption after record date
Trading of the shares of the Company will resume on 28.11.2018 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 27.11.2018.
- Date Change of AGM
The Company has further informed that due to unavoidable circumstances they will now hold their upcoming AGM on December 27, 2018 instead of December 29, 2018. Other information will remain unchanged.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.37 for July-September, 2018 as against Tk. (0.40) for July-September, 2017; NOCFPS was Tk. 1.19 for July-September, 2018 as against Tk. (1.27) for July-September, 2017. NAV per share was Tk. 15.33 as on September 30, 2018 and Tk. 14.96 as on June 30, 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 13.11.2018 to 26.11.2018. Trading of the shares of the Company will remain suspended on record date i.e., 27.11.2018.
- 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 14, 2018 at 3:00 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 2% cash dividend for general shareholders only (other than Sponsors & Directors) for the year ended on June 30, 2018. The Sponsors/Directors hold 18,41,072 shares out of total 64,60,650 shares of the Company and the cash dividend to be payable to the General shareholders is Tk. 9,23,915.60. (cont.) (Continuation news of STANCERAM): Date of AGM: 29.12.2018, Time: 10:30 AM, Venue: Factory premises at Saydana K.B Bazar, Joydebpur, Gazipur. Record Date: 27.11.2018. The Company has also reported EPS of Tk. 1.58, NAV per share of Tk. 14.96 and NOCFPS of Tk. (0.65) for the year ended on June 30, 2018 as against Tk. (0.39), Tk. 13.51 and Tk. (0.29) 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 on 06.11.2018 following its corporate declaration.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that meeting of the Board of Directors of the Company as per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on November 05, 2018 at 3:00 PM instead of October 27, 2018 at 11:00 AM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- New Board Meeting schedule under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has further informed that the meeting of the Board of Directors of the Company will now be held on October 27, 2018 at 11:00 AM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Postponement of Board Meeting schedule under LR 19(1)
The Company has further informed that, due to unavoidable circumstances, the Board meeting under LR 19(1) scheduled to be held on October 18, 2018 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018, has been postponed. New date and time of the meeting will be notified later on.
- 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 18, 2018 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Capital Machinery Import
With reference to their earlier news disseminated on 29.10.2017 regarding Import of Capital Machinery, the Company has further informed that the Board of Directors has decided to open L/C for following machinery for Rebuilding the Old Glost Kiln. Brand New Capital Machinery for ceramic Industrial Furnace at a total cost of Tk. 4.50 crore (approx.) only. (cont.) (Continuation news of STANCERAM): The Board of Directors has also decided to import a Brand New Jiggering Machine at a total cost of Tk. 45.00 lacs (approx.) Company expect that with this machine the production capacity will be increased and production cost will be reduced. (end)
- Query Response
In response to a DSE query dated June 20, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.78 for January-March 2018 as against Tk. 0.86 for January-March 2017; EPS was Tk. 0.54 for July 2017-March 2018 as against Tk. (1.58) for July, 2016-March, 2017. NOCFPS was Tk. (0.31) for July 2017-March 2018 as against Tk. (0.26) for July 2016-March 2017. NAV per share was Tk. 14.05 as on March 31, 2018 and Tk. 13.51 as on June 30, 2017.
- 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, 2018 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.
- Shares received by a Director by way of Transmission
The Company has informed that Mr. Enamul Maqsud, one of the Directors of the Company, has received 1,302 shares (2/6th portion) from his father Late M. Mokshed Ali and 1,630 shares (2/6th portion) from his mother Late Mrs. Shahanara Begum, by way of transmission according to succession certificate approved by honorable High Court.
- Credit Rating Result
National Credit Ratings Limited (NCR) has announced the rating of the Company as "BBB" in the long term and "ST-3" in the short term along with a developing outlook based on audited financial statements of the Company as on June 30, 2017.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.16 for October-December, 2017 as against Tk. (0.74) for October-December, 2016; EPS was Tk. (0.24) for July-December, 2017 as against Tk. (2.44) for July-December, 2016. NOCFPS was Tk. (1.59) for July-December, 2017 as against Tk. (1.70) for July-December, 2016. NAV per share was Tk. 13.27 as on December 31, 2017 and Tk. 13.51 as on June 30, 2017.
- 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 5:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.