United Power Generation & Distribution Company Ltd. announcements
221 Dhaka Stock Exchange announcements for United Power Generation & Distribution Company Ltd. (UPGDCL) since 2015: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (15).
- BSEC Approval for Share transfer to UEL
Referring to their earlier news disseminated by DSE on 30.10.2017 regarding share transfer to United Energy Ltd. (UEL), the Company has further informed that BSEC has accorded approval for the transfer of shares belonging to the United Enterprises & Co. Ltd. (UECL) and also individual Sponsor of the Company in favor of United Energy Ltd. (UEL), a sister concern of the United Group.
- Court Order to restrain BSEC and the Exchanges to treat under Z category
The Company has further informed that they filled a petition with the Hon'ble High Court Division of the Supreme Court of Bangladesh on December 06, 2017 on the following: a) To pass an Order condoning the delay in holding the 10th AGM of United Power Generation & Distribution Company Ltd. and Directing the Company to hold the AGM on January 27, 2018 and b) to pass an Order of injunction restraining the BSEC and the Stock Exchanges from treating the Company under 'Z' Category pending hearing of the (cont.) (Continuation news of UPGDCL): petition. The petition was admitted by the Honorable High Court Division on December 06, 2017 and subsequently the matter was taken up for hearing and The Hon'ble High Court Division of the Supreme Court of Bangladesh, by an Order dated 13.12.2017 has passed an Order of Injunction restraining BSEC, DSE and CSE respectively from treating the Company (United Power Generation & Distribution Company Ltd.) as a 'Z' Category Company for a period upto 28.02.2018. (end)
- Dividend Declaration
The Board of Directors has recommended 90% cash dividend and 10% stock dividend for the year ended on June 30, 2017. Date of AGM: 27.01.2018, Time: 10:30 AM (subject to the approval by the Honorable Court), Venue: Golf Garden, Army Golf Club, Airport road, Dhaka. Record Date: 08.01.2018. (cont.) (Continuation news of UPGDCL): The Company has reported EPS of Tk. 11.50, NAV per share of Tk. 41.22 and NOCFPS of Tk. 12.19 for the year ended on June 30, 2017 whereas EPS of Tk. 15.57, NAV per share of Tk. 34.22 and NOCFPS of Tk. 15.05 respectively for the 18 months period from January 01, 2015 to June 30, 2016. (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.11.2017) following its corporate declaration.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 2.95 for July-September, 2017 as against Tk. 2.83 for July-September, 2016; NOCFPS was Tk. 2.98 for July-September, 2017 as against Tk. 2.94 for July-September, 2016. NAV per share was Tk. 44.17 as of September 30, 2017 and Tk. 41.22 as of 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 November 27, 2017 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, 2017.
- 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 27, 2017 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
- Share transfer to UEL
The Company has informed that the Board of Directors has approved the transfer of shares held by the United Enterprises & Co. Ltd. (UECL) and the Sponsors/Directors in favor of United Energy Ltd. (UEL) subject to clearances from the BSEC and after the compliance of the formalities as applicable under the Listing Regulations of the Dhaka Stock Exchange Limited.
- Postponement of Board meeting schedule under LR 16(1)
The Company has further informed that the meeting scheduled to be held on October 29, 2017 at 3:30 PM as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015 to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017, has been postponed.
- 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 October 29, 2017 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q1) period ended on September 30, 2017.
- Query Response
In response to a DSE query dated July 16, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares and increase in trading volume.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 3.04 for January-March, 2017 as against Tk. 2.53 for January-March, 2016; EPS was Tk. 8.85 for July, 2016-March, 2017 as against Tk. 7.91 for July, 2015-March, 2016. NOCFPS was Tk. 9.46 for July, 2016-March, 2017 as against Tk. 7.68 for July, 2015-March, 2016. NAV per share was Tk. 38.57 as of March 31, 2017 and Tk. 34.22 as of June 30, 2016.
- 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 18, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.
- Q2 Financials
EPS was Tk. 2.97 for October-December, 2016 as against Tk. 2.82 for October-December, 2015; EPS was Tk. 5.81 for July-December, 2016 as against Tk. 5.38 for July-December, 2015. NOCFPS was Tk. 6.26 for July-December, 2016 as against Tk. 5.02 for July-December, 2015. NAV per share was Tk. 35.52 as of December 31, 2016 and Tk. 34.22 as of June 30, 2016.
- 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 25, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2016.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.