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 2022 (26).
- Emerging Credit Rating Limited (ECRL) has affirmed the surveillance credit rating of the Company as \"AAA\" in the long
Emerging Credit Rating Limited (ECRL) has affirmed the surveillance credit rating of the Company as \"AAA\" in the long term and \"ST-1\" in the short term along with a stable outlook based on audited financial statements of the Company up to June 30, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Resumption after record date
Trading of the shares of the Company will resume on 23.11.2022 after record date.
- The Company has requested the Shareholders to update the details (Shareholders Name, Routing Number to get Dividend onli
The Company has requested the Shareholders to update the details (Shareholders Name, Routing Number to get Dividend online through BEFTN system, BO ID Number, 12 digits e-TIN number along with other information including contact address before the Record Date i.e. 22 November 2022. The Company has also requested the Brokerages/DPs/TREC Holders to provide the (cont.1)
- (Continuation news of UPGDCL): details information of Margin Loan Holders who are eligible to receive Cash Dividend for
(Continuation news of UPGDCL): details information of Margin Loan Holders who are eligible to receive Cash Dividend for the year ended 30 June 2022 after the Record Date with the details (Shareholders Name, BO ID Number, client wise Shareholding Position, Gross Dividend Receivable, applicable tax rate and net Dividend Receivable). (cont.2)
The first part of this announcement is missing from the archive. - Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2022.
- Update of Information
(Continuation news of UPGDCL): The company has further requested to email Soft copy to [email protected]; [email protected] or [email protected] before 27 December 2022. The hard copy shall be dispatched to the following address before 27 December 2022 at United House, Madani Avenue, United City, Dhaka-1212. (end)
The first part of this announcement is missing from the archive. - 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 20.11.2022 to 21.11.2022. Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2022.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 5.00 for July-September 2022 as against Tk. 5.00 for July-September 2021; Consolidated NOCFPS was Tk. 5.58 for July-September 2022 as against Tk. (0.87) for July-September 2021. Consolidated NAV per share was Tk. 61.39 as on September 30, 2022 and Tk. 56.38 as on June 30, 2022.
- Q1 Financials (Additional Information)
(Q1 Un-audited): The company has further informed that during the period as the economy is recovering from COVID-19 pandemic, the consolidated revenue and collection from customers are higher compared to the same period of previous year. As a result, Net Operating Cash Flow per Share (NOCFPS) has been increased.
- The auditor of the United Power Generation & Distribution Company Ltd. has given the \"Emphasis of Matter\" paragraphs i
The auditor of the United Power Generation & Distribution Company Ltd. has given the \"Emphasis of Matter\" paragraphs in the Auditor\'s Report for the year ended June 30, 2022. Emphasis of Matter: We draw attention to Note 50.2 to the consolidated financial statements, wherein the management has explained the status of additional claim by the Group\'s gas suppliers, Titas Gas Transmission & Distribution Company Limited and Karnaphuli Gas Distribution Company Limited amounting to (cont.1)
- (Continuation news of UPGDCL): BDT 3,949,464,742 (for the period January 2018 to June 2022) and BDT 2,486,826,134 (for t
(Continuation news of UPGDCL): BDT 3,949,464,742 (for the period January 2018 to June 2022) and BDT 2,486,826,134 (for the period May 2018 to July 2022) respectively based on a directive dated 2 January 2018 from the Energy and Mineral Resources Division of the Ministry of Power, Energy and Mineral Resources. After several stages of legal proceedings, where the judgements did not go in favour of the Group, the Group has filed two Civil Review Petitions which are still pending for (cont.2)
The first part of this announcement is missing from the archive. - Emphasis of Matter
(Continuation news of UPGDCL): hearing before the Honourable Appellate Division of the Supreme Court of Bangladesh as of the date of this report. Pending final outcome of the Court proceedings, management has concluded that a significant uncertainty exists in order to enable any reliable estimation of a potential obligation and no provision for these claims has been made in the accompanying consolidated financial statements. (end)
The first part of this announcement is missing from the archive. - 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, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
- Dividend Declaration
(Continuation news of UPGDCL): As a result, the company incurred a huge foreign exchange loss for the purchase of HFO due to rapid devaluation of the local currency. Consolidated Net Operating Cash Flow per share (NOCFPS) has decreased significantly due to significant increase in trade receivable for delay in payment of revenue bills by BPDB. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.10.2022) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
- 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 27, 2022 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Resumption after record date
Trading of the shares of the company will resume on 16.10.2022 after record date.
- Suspension for Record date
Trading of the shares will remain suspended on record date i.e., 13.10.2022 for EGM.
- Spot for EGM
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 from 11.10.2022 to 12.10.2022 and trading of the shares will remain suspended on record date i.e., 13.10.2022.
- Decision to hold an EGM for approval of Amalgamation scheme
Referring news disseminated by DSE on 25.08.2022 regarding Board approval of the scheme of Amalgamation, the Company has further informed that the Board of Directors has decided to hold an EGM in accordance with the direction of the Hon'ble High Court Division of the Supreme Court of Bangladesh vide order dated 08 September, 2022 and Matter No. 275 of 2022. Date of EGM: 09.11.2022, Time: 11:00 AM, Venue: Digital Platform. Record Date for EGM: 13.10.2022.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 5.50 for January-March 2022 which was Tk. 5.33 for January-March 2021; Consolidated EPS was Tk. 17.34 for July 2021-March 2022 which was Tk. 14.83 for July 2020-March 2021. Consolidated NOCFPS was Tk. 8.66 for July 2021-March 2022 which was Tk. 16.75 for July 2020-March 2021. Consolidated NAV per share was Tk. 56.52 as on March 31, 2022 and Tk. 56.18 as on June 30, 2021.
- 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 27, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- A subsidiary company signed a contract with BPDB
The Company has informed that United Energy Ltd. (UEL), a subsidiary of United Power Generation & Distribution Company Ltd. (UPGDCL), signed the contract for renewal/extension of the Power Purchase Agreement (PPA) with the Bangladesh Power Development Board (BPDB) for the 53 MW Power Plant at Ashuganj, Brahmanbaria, for further 5 (five) years from the date of operation.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 6.85 for October-December 2021 as against Tk. 4.45 for October-December 2020; Consolidated EPS was Tk. 11.84 for July-December 2021 as against Tk. 9.50 for July-December 2020. Consolidated NOCFPS was Tk. (9.22) for July-December 2021 as against Tk. 12.08 for July-December 2020. Consolidated NAV per share was Tk. 51.02 as on December 31, 2021 and Tk. 56.18 as on June 30, 2021.
- 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 30, 2022 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.