Western Marine Shipyard Limited announcements
209 Dhaka Stock Exchange announcements for Western Marine Shipyard Limited (WMSHIPYARD) since 2014: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2018 (48).
- Dividend Disbursement
The Company has informed that it has credited the bonus shares for the year ended on June 30, 2018 to the respective shareholders' BO Accounts on November 22, 2018.
- Q1 Financials
(Q1 Unaudited): EPS was Tk. 0.52 from July-September, 2018 as against Tk. 0.49 from July-September, 2017. NOCFPS was Tk. 0.23 from July-September, 2018 as against Tk. 0.33 from July-September, 2017. NAV per share was Tk. 33.64 as on September 30, 2018 as against Tk. 34.90 as on September 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 13, 2018 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, 2018.
- Sale confirmation of a Sponsor Director
Capt. Sohail Hasan, one of the Sponsors Directors of the Company, has further reported that he has completed his sale of 12,27,000 shares of the Company at prevailing market price through Stock Exchanges as per declaration disseminated on 20.09.2018.
- Resumption after Record Date
Trading of the shares of the Company will resume on 03.10.2018 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 02.10.2018.
- Spot News
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 30.09.2018 to 01.10.2018. Trading of the shares of the Company will remain suspended on record date i.e., 02.10.2018.
- Sale Declaration of a Sponsor Director
Capt. Sohail Hasan, one of the Sponsors Directors of the Company, has expressed his intention to sell 12,27,000 shares out of his total holding of 46,14,359 shares of the Company at prevailing market price (In the Public Market) through Stock Exchanges (DSE & CSE) within next 30 working days.
- Change of NOCFPS for the year ended on June 30, 2018
Referring to their earlier news (disseminated by DSE on September 11, 2018) the Company has further informed that NOCFPS has changed to Tk. 3.96 per share instead of Tk. 3.70 per share for the year ended on June 30, 2018.
- Dividend Declaration
The Board of Directors has recommended 20% stock dividend for the year ended on June 30, 2018. Date of AGM: 23.10.2018, Time: 10:00 AM. Venue: Shaheen Golf Club Convention Centre, Air Port Road, East Patenga, Chittagong. Record Date: 02.10.2018. The Company has also reported EPS of Tk. 2.71, NAV per share of Tk. 33.02 and NOCFPS of Tk. 3.70 for the year ended on June 30, 2018 as against Tk. 1.91 (restated), Tk. 30.57 (restated) and Tk. 2.80 respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (11.09.2018) following its corporate declaration.
- Updating information
The Company has requested the concerned shareholders to update their BO Accounts with present mailing address, contact number, Bank details and e-mail address with their respective DP (Depository Participant) before Record Date.
- 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 September 10, 2018 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Resumption after record date
Trading of the shares of the Company will resume on 16.08.2018 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 14.08.2018 for EGM. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.
- Spot for EGM
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 from 12.08.2018 to 13.08.2018. Trading of the shares of the Company will remain suspended on record date i.e., 14.08.2018 for EGM. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.
- Revised the issue price and ratio of the proposed Rights issuance
Referring to their earlier news disseminated on 23.07.2018, the Company has further informed that they have revised the issue price and ratio of the proposed Rights issuance of 1R:2 (1 Rights Share for every 2 shares) at Tk. 15.00 each (including premium of Tk. 5.00 each) instead of earlier recommended 1.25R:1 and Tk. 20.00 each (including premium of Tk. 10.00 each) subject to the approval of the shareholders in the 7th EGM and by the BSEC. Other information of the earlier disclosure will remain unchanged.
- Revised the issue price and ratio of the proposed Rights issuance
With reference to their earlier news disseminated by DSE on 12.11.2017, the Company has further informed that the Board of Directors has revised the issue price and ratio at their proposed Rights issuance of 1R:1 (1 Rights Share for every 1 share held) to Tk. 15.00 each (including premium of Tk. 5.00 each) instead of earlier recommended 1.25R:1 (5 Rights for 4 existing shares held ) and Tk. 20.00 each ( including premium of Tk. 10.00 each) (cont.) (Continuation news of WMSHIPYARD): subject to the approval of the shareholders in the 7th EGM and by the BSEC. Date of EGM: 10.09.2018 Time: 10:00 AM, Venue for EGM: Chittagong Boat Club, Air Port Road, East Patenga, Chittagong. Record Date for EGM: 14.08.2018. Another Record Date will be declared for Rights issuance after getting approval from the BSEC. (end)
- MOU signed by the Company with The Shalimar Works Limited (SWL)
The Company has informed that they have signed a MOU with The Shalimar Works (1980) Limited (SWL) of Kolkata, India on June 06, 2018 for joint bidding for Shipbuilding Projects by forming a Consortium for preparing and submitting of the Bid(s) in respect of tender(s) floated by IWAI (Inland Waterways Authority of India) for various Project(s). (Cont.) (Continuation news of WMSHIPYARD): They have also informed that The capital contribution and the Profit and /or losses arising from there will be shared between the Western Marine Shipyard Limited and SWL in the ratio of 74%:26%. This will create scope for further generation of revenue of the Company in the near future. (end)
- Sale Confirmation of a Director
Mr. Md. Shah Alam, one of the Directors of the Company, has completed his sale of 2,51,292 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale confirmation of a Corporate Sponsor
Western Marine Services Limited, one of the Corporate Sponsors of the Company, has completed sale of its entire holding 6,06,412 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.82 for January-March 2018 as against Tk. 0.43 for January-March 2017; EPS was Tk. 2.14 for July 2017-March 2018 as against Tk. 1.46 for July 2016-March 2017. NOCFPS was Tk. 3.02 for July 2017-March 2018 as against Tk. 3.67 for July 2016-March 2017. NAV per share (with Assets Revaluation) was Tk. 32.45 as on March 31, 2018 and Tk. 34.24 as on June 30, 2017. NAV per share (without Assets Revaluation) was Tk. 28.35 as on March 31, 2018 and Tk. 29.61 as on June 30, 2017.
- Sale declaration of a Director
Mr. Md. Shah Alam, one of the Directors of the Company, has expressed his intention to sell 2,51,292 shares out of his total holding of 36,68,004 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange (CSE) within April 30, 2018.
- Sale Confirmation of a Sponsor Director
The Company has informed that Mr. Md. Saiful Islam, one of the Sponsors Directors of the Company, has completed his sale of 30,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- 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 26, 2018 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.
- Sale confirmations of Sponsors Directors
Mr. Abu Md. Fazle Rashid, Mr. Md. Sakhawat Hossain, Mr. Sohail Hasan and Mr. Arifur Rahman Khan, all are Sponsors Directors of the Company have further reported that they have completed their sales of 2,55,014 shares, 2,78,388 shares, 3,39,377 shares and 2,89,095 shares respectively at prevailing market price through Stock Exchanges as announced earlier.
- Sale confirmation of a Sponsor Director
Mr. Md. Saeedul Islam, one of the Sponsors Directors of the Company, has further reported that he has completed his sale of 3,07,436 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Bangladesh Bank circular for Ship Building Industry of Bangladesh
Referring to their earlier news (disseminated by DSE on 13.02.2018), the Company has further informed that Bangladesh Bank through its BRPD Circular Letter No. 4 dated April 4, 2018, has advised all the scheduled banks working in Bangladesh to follow the instructions given by the Financial Institution Department of the Ministry of Finance with regard to reducing rate of interest against loans to ship building industry of Bangladesh and providing long term repayment facility.
- Sale declaration of a Sponsor Director
Mr. Md. Saeedul Islam, one of the Sponsors Directors of the Company, has expressed his intention to sell 3,07,436 shares out of his total holding of 44,87,514 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within April 30, 2018.
- Sale declaration of a Sponsor Director
Mr. Sohail Hasan, one of the Sponsors Directors of the Company, has expressed his intention to sell 3,39,377 shares out of his total holding of 49,53,736 shares of the Company at prevailing market price (in the Public Market) through Stock Exchanges (DSE/CSE) within April 30, 2018. Mr. Abu Md. Fazle Rashid, one of the Sponsors Directors of the Company, has expressed his intention to sell 2,55,014 shares out of his total holding of 37,22,335 shares of the Company at prevailing market price (in the Public Market) through Stock Exchanges (DSE/CSE) within April 30, 2018. Mr. Md. Sakhawat Hossain, one of the Sponsors Directors of the Company, has expressed his intention to sell 2,78,388 shares out of his total holding of 40,63,500 shares of the Company at prevailing market price (in the Public Market) through Stock Exchanges (DSE/CSE) within April 30, 2018.
- Sale declaration of a Director
Mr. Arifur Rahman Khan, one of the Directors of the Company, has expressed his intention to sell 2,89,095 shares out of his total holding of 42,19,798 shares of the Company at prevailing market price (in the Public Market) through Stock Exchanges (DSE/CSE) within April 30, 2018.
- Sale declaration of a Corporate Sponsor
Western Marine Services Limited, one of the Sponsors (Corporate Sponsor) of the Company, has expressed intention to sell its entire holding of 6,06,412 shares of the Company at prevailing market price (In the Public market) through Stock Exchange (DSE) within April 30, 2018.
- Sale Declaration of a Sponsors Director
Mr. Md. Saiful Islam, one of the Sponsors Directors of the Company, has expressed his intention to sell 30,00,000 shares out of his total holding of 1,87,93,106 shares of the Company at prevailing market price (In the Public market) through Stock Exchange (DSE) within next 30 working days.
- Government Decision to allow incentive for shipbuilding industry
The Company has informed that the Ministry of Finance, through letter ref: 53.00.0000.331.36.007.18-40 dated 08 February 2018 has advised Bangladesh Bank to take necessary actions within 30 March 2018, for reduction of the interest rate of borrowed capital investment of export oriented shipbuilders of the country. According to the letter, on the basis of applications of shipbuilders, the banks and financial institutions will allow 3 (three) years moratorium period on the principal and (cont. 1) (Continuation news of WMSHIPYARD): The Company replied that as on today, Western Marine Shipyard Limited did not reschedule any existing loan after issuance of the letter. The company also informed that it is difficult to quantify the financial impact at this time. (end) (Continuation news of WMSHIPYARD): interest of the loans as on 31 December 2017 without any down payment and to repay the loan and interest in quarterly installments over 10 (ten) years through creating block accounts. In this regard, DSE has already made a query to the Company asking the final status of reschedule of the existing loans by their lending banks and its subsequent financial impact on profitability of the company. (cont. 2)
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2017 to the respective shareholders.
- Sale confirmation of a Sponsor Director
Mr. Md. Sakhawat Hossain, one of the Sponsors Directors of the Company, has further reported that he has completed his sale of 25,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale confirmation of a Sponsor Director
Mr. Md. Saiful Islam, one of the Sponsors Directors of the Company, has further reported that he has completed his sale of 1,85,600 shares of the Company at prevailing market price through Stock Exchange as announced earlier. Mr. Md. Sakhawat Hossain, one of the Sponsors Directors of the Company, has further reported that he has completed his sale of 3,69,600 shares of the Company at prevailing market price through Stock Exchange as announced earlier. Mr. Md. Monzur Morshed Chowdhury, one of the Sponsors Directors of the Company, has further reported that he has completed his sale of 1,00,531 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale confirmation of a Corporate Sponsor
Western Marine Services Limited, one of the Sponsors (Corporate Sponsor) of the Company, has further reported that it has completed its sale of 18,66,480 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale confirmation of a Sponsor Director
Mr. Monzur Morshed Chowdhury, one of the Sponsors Directors of the Company, has further reported that he has completed his sale of 1,57,760 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Sale confirmation of a Sponsor Director
Mr. Md. Sakhawat Hossain, one of the Sponsors Directors of the Company, has further reported that he has completed his sale of 5,80,000 shares of the Company at prevailing market price through Stock Exchanges as announced earlier.
- Sale declaration of a Sponsor Director
Mr. Md. Monzur Morshed Chowdhury, one of the Sponsors Directors of the Company, has expressed his intention to sell 1,00,531 shares out of his total holding of 35,64,575 shares of the Company at prevailing market price (In the Public market) through Stock Exchange (DSE) within next 30 working days. Mr. Md. Sakhawat Hossain, one of the Sponsors Directors of the Company, has expressed his intention to sell 3,69,600 shares out of his total holding of 44,33,100 shares of the Company at prevailing market price (In the Public & Block Market; 1,84,800 shares in each market) through Stock Exchange (DSE) within next 30 working days. Mr. Md. Saiful Islam, one of the Sponsors Directors of the Company, has expressed his intention to sell 1,85,600 shares out of his total holding of 1,89,78,706 shares of the Company at prevailing market price (In the Public market) through Stock Exchange (DSE) within next 30 working days.
- Sale confirmation of a Sponsor Director
Mr. Md. Saiful Islam, one of the Sponsors Directors of the Company, has further reported that he has completed his sale of 8,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- Stock Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended on June 30, 2017 to the respective shareholders' BO Accounts.
- Sale declaration of a Sponsor Director
Mr. Md. Sakhawat Hossain, one of the Sponsors Directors of the Company, has expressed his intention to sell 5,80,000 shares out of his total holding of 42,08,125 shares of the Company at prevailing market price (In the Public & Block Market; 2,90,000 shares in each market) through Stock Exchange (DSE) within next 30 working days. Mr. Monzur Morshed Chowdhury, one of the Sponsors Directors of the Company, has expressed his intention to sell 1,57,760 shares out of his total holding of 33,23,514 shares of the Company at prevailing market price (In the Public & Block Market; 78,880 shares in each market) through Stock Exchange (DSE) within next 30 working days.
- Sale declaration of a Corporate Sponsor
Western Marine Services Limited, one of the Sponsors (Corporate Sponsor) of the Company, has expressed its intention to sell 18,66,480 shares out of its total holding of 20,51,281 shares of the Company at prevailing market price (In the Public & Block Market; 9,33,240 shares in each market) through Stock Exchange (DSE) within next 30 working days.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.74 for October-December 2017 as against Tk. 0.42 for October-December 2016; EPS was Tk. 1.32 for July-December, 2017 as against Tk. 0.82 for July-December, 2016. NOCFPS was Tk. 2.74 for July-December, 2017 as against Tk. 2.95 for July-December, 2016. NAV per share (With Assets Revaluation) was Tk. 31.63 as on December 31, 2017 and Tk. 34.24 as on June 30, 2017. NAV per share (without Assets Revaluation) was Tk. 27.52 as on December 31, 2017 and Tk. 29.61 as on June 30, 2017.
- Sale confirmation of a Corporate Sponsor
Western Marine Services Limited, a Corporate Sponsor of the Company (in their declaration dated 07.12.2017 they mistakenly stated them as a Placement Shareholder) has further reported that it has completed its sale of 14,62,150 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
- 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 11, 2018 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period from July 01, 2017 to December 31, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.