Wata Chemicals Limited announcements
195 Dhaka Stock Exchange announcements for Wata Chemicals Limited (WATACHEM) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (14).
- Investment for Expansion
The Company has informed that their Board has decided to sanction the purchase of Tk 35.00 crore redeemable, non convertible, non cumulative, non participative debentures by ICB for the purpose of balancing, modernizing, replacement, expansion of the company's project situated at Murapara, Rupgonj, Narayangonj, Subject to approval of BSEC. The Board expects that the BMRE shall increase the capacity for the project and uses of its products which may be profitable for the company.
- Q3
EPS was Tk. 0.58 for July-September, 2015 as against Tk. 0.75 for July-September, 2014; EPS was Tk. 3.06 for January-September, 2015 as against Tk. 3.22 for January-September, 2014. NOCFPS was Tk. (0.44) for January-September, 2015 as against Tk. 4.27 for January-September, 2014. NAV per share was Tk. 80.51 as of September 30, 2015 and Tk. 76.44 as of September 30, 2014.
- 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 October 29, 2015 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2015.
- Q2 Financials
EPS for April-June, 2015 was Tk. 1.21 as against Tk. 1.23 for April-June, 2014, EPS for Jan-June, 2015 was Tk. 2.15 as against Tk. 2.48 for Jan-June, 2014. NOCFPS was Tk. 2.34 for Jan-June, 2015 as against Tk. 3.01 for Jan-June, 2014. NAV per share was Tk. 79.60 as of June 30, 2015 and Tk. 77.85 as of June 30, 2014.
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on December 31, 2014 to the respective shareholders' BO Accounts on June 28, 2015. The payment of cash dividend will be distributed within stipulated time.
- Change of date of 33rd AGM
The Company has further informed that due to unavoidable circumstances, the 33rd AGM of the Company will now be held on June 20, 2015 instead of June 11, 2015 at 11:00 AM at factory premises, Murapara, Rupgonj, Narayangonj. Other information of the AGM will remain same.
- Q1 Financials
Net Profit after tax from Jan15 to March15 was Tk. 7.49 million with basic EPS of Tk. 1.19 as against Tk. 9.88 million and Tk. 1.56 respectively for the same period of the previous year. However, considering proposed bonus share 25% for the year 2014, restated basic EPS will be Tk. 0.95 as on 31.03.2015 and Tk. 1.25 as on 31.03.2014.
- Declaration of sale by Sponsors
Md. Abdur Rob Jomadder and Jobeda Nahar, both are Sponsors of the Company, have expressed their intention to sell 5,000 shares each out of their total holding of 15,600 shares and 23,400 shares respectively of the Company at prevailing market price through Stock Exchange within next 30 working days.
- Resumption News after Record Date
Normal trading of the shares of the Company will resume on 17.05.2015 after record date.
- Suspension News for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 14.05.2015.
- Spot News for AGM
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 with cum benefit from 12.05.2015 to 13.05.2015. Trading of the shares of the Company will remain suspended on record date i.e., 14.05.2015.
- Dividend Declaration
The Board of Directors has recommended 5% cash and 25% stock dividend for the year ended on 31.12.2014. Date of AGM: 11.06.2015, Time: 11:00 AM, Venue: Will be notified later. Record Date: 14.05.2015. The Company has also reported net profit after tax of Tk. 36.57 million, EPS of Tk. 5.79 and NAV per share of Tk. 97.32 for the year ended on 31.12.2014 as against Tk. 29.78 million, Tk. 4.71 (restated) and Tk. 92.18 (restated) respectively for the year ended on 31.12.2013.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (04.05.2015) following its corporate declaration.
- Board Meeting schedule under LR 30
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on April 30, 2015 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2014.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.