Titas Gas Transmission and Distribution PLC announcements
332 Dhaka Stock Exchange announcements for Titas Gas Transmission and Distribution PLC (TITASGAS) since 2008: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (12).
- Resumption after Record date
Normal trading of the shares of the Company will resume on 02.12.2015 after record date.
- Information for Margin Account Holders
The Company has requested the concerned brokerage houses/DPs to provide detail lists of their margin accountholders who hold shares on the record date to Company's Share Section on or before December 08, 2015. The list should include Shareholder's name, BO ID, client-wise shareholding position, applicable tax rate along with Brokerage House/DP's Bank A/C number, Bank & branch name, routing number, contact person etc.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 01.12.2015.
- Spot for AGM
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 29.11.2015 to 30.11.2015. Trading of the shares of the Company will remain suspended on record date i.e., 01.12.2015.
- Enquiry Committee formation by BSEC
BSEC NEWS: Bangladesh Securities and Exchange Commission (BSEC) has formed an enquiry committee to investigate on the issues relating to continuous falling of share price of Titas Gas Transmission & Distribution Co. Ltd.
- Appeal against the order of BERC
The Company has informed that their Management has taken the following decision: "By the order of Bangladesh Energy Regulatory Commission (BERC) the distribution margin of Titas Gas Transmission & Distribution Company Limited has been re-fixed with effect from 01st September, 2015. But the management of the Company has decided to appeal against the order of Bangladesh Energy Regulatory Commission (BERC) regarding the re-fixation of the distribution margin of Titas Gas Transmission & Distribution Company Limited as per Bangladesh Energy Regulatory Commission (BERC) regulations"
- Dividend Declaration
The Board of Directors has recommended 15% cash dividend for the year ended on June 30, 2015. Date of AGM: 22.12.2015, Time: 10:00 AM, Venue: Officers' Club, Dhaka. Record Date: 01.12.2015. The Company has also reported EPS of Tk. 8.98, NAV per share of Tk. 58.36 and NOCFPS of Tk. 10.21 for the year ended on June 30, 2015.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (11.11.2015) following its corporate declaration.
- Q1 Financials
(Q1 Un-audited): EPS for July-September, 2015 was Tk. 1.57 as against Tk. 2.37 for July-September, 2014; NOCFPS was Tk. 1.37 for July-September, 2015 as against Tk. 1.49 for July-September, 2014. NAV per share was Tk. 59.94 as of September 30, 2015 and Tk. 58.36 as of June 30, 2015. It is to be noted that due to re-fixing of distribution margin the Net Profit has been reduced by 33.72% with comparison of previous yearÂs same period as well as the EPS has also been reduced from Tk. 2.37 to Tk. 1.57.
- Board Meeting
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 10, 2015 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, 2015. 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 10, 2015 at 3.00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2015.
- Q3 Financials
Net Profit after tax from Jan15 to March15 was Tk. 1,852.16 million with EPS of Tk. 1.87 as against Tk. 1,951.79 million and Tk. 1.97 respectively for the same period of the previous year. Whereas Net Profit after tax from July14 to March15 was Tk. 6,124.26 million with EPS of Tk. 6.19 as against Tk. 6,154.75 million and Tk. 6.22 respectively for the same period of the previous year.
- H/Y
Net profit after tax from July14 to Dec14 was Tk. 4,272.10 million with EPS of Tk. 4.32 as against Tk. 4,202.97 million and Tk. 4.25 respectively for the same period of the previous year. Whereas Net profit after tax from Oct14 to Dec14 was Tk. 2,133.53 million with EPS of Tk. 2.16 as against Tk. 2,064.39 million and Tk. 2.09 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.