DSE:TALLUSPIN

Toyo Spinning Mills Limited announcements

283 Dhaka Stock Exchange announcements for Toyo Spinning Mills Limited (TALLUSPIN) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2014 (12).

  1. will resume

    Normal trading of the shares of the Company will resume on 02.12.2014 after record date.

  2. trade suspension

    Trading of the shares of the Company will remain suspended on record date i.e., 01.12.2014.

  3. Spot Market and Block/Odd lot transactions

    Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle from 18.11.2014 to 30.11.2014. Trading of the shares of the Company will remain suspended on record date i.e., 01.12.2014. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>

  4. Q1 Earning

    As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported net profit/(loss) after tax of Tk. (9.46) million with EPS of Tk. (0.12) as against Tk. 71.87 million and Tk. 0.88 respectively for the same period of the previous year. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>

  5. no price limit

    There will be no price limit on the trading of the shares of the Company today (11.11.2014) following its corporate declaration.

  6. will sift Z catagory

    The Company will be placed in &quot;Z&quot; category from existing &quot;A&quot; category with effect from November 12, 2014 as per Dhaka Stock Exchange (Settlement of Transactions) Regulations, 2013; since the Company did not recommend any dividend for the year ended on June 30, 2014.

  7. now non margin share

    The Stock Brokers and Merchant Bankers are requested not to provide loan facilities to purchase securities of Tallu Spinning Mills Ltd. starting from November 12, 2014 as per SEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.

  8. Board meeting

    As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on November 10, 2014 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2014.

  9. purpose of raising capital through rights shares

    The Company has informed the following: &quot;The purpose of raising capital through rights shares were mainly to set up of a new spinning unit with 22,000 spindles, BMRE of the existing project and partial repayment of term loans. In order to run the proposed new unit and the existing factory after implementing the BMRE we were in necessary to get sanction of required additional load of natural gas to supply power to the factories. In preparation for this we duly applied to Titas Gas Transmission and Distribution Company Ltd. well ahead of time. But unfortunately, in spite of all our tremendous efforts we are yet to get the sanction of required additional load of natural gas for implementing the expansion unit and we cannot even tell at this moment when we will get the sanction. In the face of above uncertainty for availing required additional natural gas which is the prime determinant of running a big manufacturing concern, we are now not in a position to implement the shareholders' decisions regarding right issue as were taken in the General Meeting held on December 20, 2013. Keeping the above in view and in the circumstances beyond control the Board of Directors of the company in a meeting held on June 25, 2014 at 4:30 PM has decided to bring the matter of rights issue before the shareholders in the company's General Meeting ahead for their decisions, amendments or else to be resolved by them for the interest of the company. In the backdrop, the Board has decided to request Bangladesh Securities &amp; Exchange Commission (BSEC) for not to process the said rights issue at this moment until further resolutions are made by the shareholders' in the company's next AGM in the purposes and on the changed circumstances.&quot;

  10. (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2014 (Jan'14 to March'14), the Compan

    (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported net profit after tax of Tk. 12.17 million with EPS of Tk. 0.15 as against Tk. 24.32 million and Tk. 0.30 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 158.09 million with EPS of Tk. 1.95 for the period of nine months (July'13 to March'14) ended on 31.03.2014 as against Tk. 77.44 million and Tk. 0.95 respectively for the same period of the previous year.

  11. H/Y Earnings

    As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported net profit after tax of Tk. 145.92 million with EPS of Tk. 1.80 as against Tk. 53.12 million and Tk. 0.65 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 74.05 million with EPS of Tk. 0.91 for the period of 3 months (Oct'13 to Dec'13) ended on 31.12.2013 as against Tk. 23.85 million and Tk. 0.29 respectively for the same period of the previous year.

  12. (H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported net profit

    (H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported net profit after tax of Tk. 145.92 million with EPS of Tk. 1.80 as against Tk. 53.12 million and Tk. 0.65 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 74.05 million with EPS of Tk. 0.91 for the period of 3 months (Oct'13 to Dec'13) ended on 31.12.2013 as against Tk. 23.85 million and Tk. 0.29 respectively for the same period of the previous year.

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.