Yeakin Polymer Limited announcements
140 Dhaka Stock Exchange announcements for Yeakin Polymer Limited (YPL) since 2016: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2017 (18).
- Halt of Major Production for two months remain opening 25% of its capacity
The Company has informed that the Board of Directors has decided the following: The company needs to change the total factory machineries layout plan for installation of the new capital machinery according to newly constructed shed and established electricity connectivity. Locally, layout set up is to be started from December 26, 2017 and foreign expert will start their work from January 2018. (cont.) (continuation news of YPL): It will take two months to complete the whole process. Hence, company's major production process will be halted from December 26, 2017 to February 25, 2018. During this period company will be able to produce 25% of its capacity. (cont.)
- Category Change
The Company will be placed in 'B' category from existing 'A' category with effect from December 24, 2017 as the Company has approved 5% stock dividend for the year ended on June 30, 2017.
- Prohibition on providing loan facilities to purchase securities
DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Yeakin Polymer Limited in between 1st to 30th trading day after change of categorization, with effect from December 24, 2017 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- Resumption after record date
Trading of the shares of the Company will resume on 19.11.2017 after record date.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.12 for July-September, 2017 as against Tk. 0.25 for July-September, 2016; NOCFPS was Tk. 0.18 for July-September, 2017 as against Tk. 0.67 for July-September, 2016. NAV per share was Tk. 13.12 as on September 30, 2017 and Tk. 13.00 as on June 30, 2017.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 16.11.2017.
- 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 14.11.2017 to 15.11.2017. Trading of the shares of the Company will remain suspended on record date i.e., 16.11.2017.
- 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 14, 2017 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.
- Dividend Declaration
The Board of Directors has recommended 5% stock dividend for the year ended on June 30, 2017. Date of AGM: 21.12.2017, Time: 10:00 AM, Venue: Registered Office at Factory Premises at Labsha, Satkhira . Record Date: 16.11.2017. The Company has also reported EPS of Tk. 0.58, NAV per share of Tk. 13.00 and NOCFPS of Tk. 0.05 for the year ended on June 30, 2017 as against Tk. 0.66 (restated), Tk. 15.62 and Tk. 0.80 (restated) 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 (29.10.2017) following its corporate declaration.
- 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 28, 2017 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity rating (Surveillance) of the Company as "BBB2" along with a stable outlook based on audited financial statement of the Company up to June 30, 2016, un-audited 9 months management prepared financial statements as on March 31, 2017; bank liability position as on May 02, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.21 for January-March 2017 as against Tk. 0.27 for January-March 2016; EPS was Tk. 0.75 for July 2016-March 2017 as against Tk. 0.69 for July'15-March'16. NOCFPS was Tk. 1.69 for July 2016-March 2017 as against Tk. 1.12 for July 2015-March 2016. NAV per share was Tk. 13.14 as of March 31, 2017 and Tk. 15.62 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 30, 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
(Q2 Un-audited): EPS was Tk. 0.28 for October-December, 2016 as against Tk. 0.45 for October-December, 2015; EPS was Tk. 0.58 for July-December, 2016 as against Tk. 0.66 for July-December, 2015. NOCFPS was Tk. 1.28 for July-December, 2016 as against Tk. 2.27 for July-December, 2015. NAV per share was Tk. 14.25 as of December 31, 2016 and Tk. 15.62 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 30, 2017 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2016.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended on June 30, 2016 to the respective shareholders' BO Accounts on January 08, 2017.
- Address Change of Corporate & Registered
The Company has informed that the Corporate and registered office of the Company has been shifted from old address: 83, Sheddheshawri Circular Road, 6th Floor, Manhattan Tower, Malibagh, Dhaka-1207 to 23/6, Mirpur Road, Block # B, Rupayan Shelford, 15th Floor Suit # G-14 & H-14, Shamoly, Mohammadpur, Dhaka-1207 and new address of Register Office of the Company at Post Office: Labsha, Police Station: Satkhira, District: Satkhira, Division: Khulna with effective from January 01, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.