Zaheen Spinning PLC. announcements
199 Dhaka Stock Exchange announcements for Zaheen Spinning PLC. (ZAHEENSPIN) since 2015: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (21).
- Stock 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 December 27, 2016.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.53 for July-September, 2016 as against Tk. 0.62 for July-September, 2015; NOCFPS was Tk. 0.14 for July-September, 2016 as against Tk. (1.73) for July-September, 2015. NAV per share was Tk. 15.11 as of September 30, 2016 and Tk. 14.58 as of September 30, 2015.
- 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 November 14, 2016 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, 2016.
- Opening of L/C
With reference to their earlier news (disseminated by DSE on 30.10.2016) the Company has further informed that five L/C's were opened on 07.11.2016 to import Brand New MWM Gas Generator, Bus Bar Trunking System, Brand New Compressor Machine, Card Room Machine and Laboratory Testing Equipments from Germany and India for smooth running of newly installed 15480 spindles. The total LC value of the above machineries is Tk. 38.00 million (approx.) equivalent to EURO 313,000.00 and US $ 130,275.00.
- Revision of audited financial
With reference to their earlier news (disseminated by DSE on 30.10.16), the Company, upon query from DSE, has revised their earlier audited financial information as follows: EPS was Tk. 0.56, NOCFPS was Tk. 0.28 for the 6 months period (instead of earlier disclosed 18 months period) from January 01, 2016 to June 30, 2016 as against Tk. 0.96 (restated) and Tk. 0.52 (restated) respectively for the same period of the previous year. NAV per share was Tk. 14.58 as on 30.06.16 which was Tk. 13.55 as on 30.06.15.
- Approval of 6 months accounts & import and installation of Machinery
The Board of Directors has recommended No dividend for the 6 months period from January 01, 2016 to June 30, 2016. (15% stock dividend was declared earlier with record date: 19.05.2016 by the Board for the year ended on December 31, 2015. The earlier declared record date will remain unchanged). Date of AGM: 20.12.2016, Time and Venue of AGM will be notified later on.The Company has reported EPS of Tk. 0.56, NAV per share of Tk. 14.58 and NOCFPS of Tk. 0.28 for the 18 months period from January 01, 2015 to June 30, 2016 as against Tk. 0.96 (restated), Tk. 13.55 and Tk. 0.52 (restated) respectively for the period from January 01, 2014 to June 30, 2015. The board has also approved Tk. 5.00 crore for import and installation of Power BBT, GAS Generator, Yarn quality Machine and Compressor.
- 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 29, 2016 at 3:00 PM to consider, among others, audited financial statements of the Company for the 18 months period from January 01, 2015 to June 30, 2016.
- Resumption after Record date
Trading of the shares of the Company will resume on 22.05.2016 after record date.
- 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 17.05.2016 to 18.05.2016. Trading of the shares of the Company will remain suspended on record date i.e., 19.05.2016.
- The date, time and venue of the EGM
The Company has further informed that, the 1st EGM of the Company will be held on June 15, 2016 at 9:00 AM at Institution of Diploma Engineers, Bangladesh IDEB Bhaban, 160/A, Kakrail VIP Road, Dhaka-1000. Other information of the EGM is as announced earlier.
- Resumption after Record date for EGM
Trading of the shares of the Company will resume on 10.05.2016 after record date for EGM.
- Resumption after Record date
Trading of the shares of the Company will remain suspended on record date i.e., 09.05.2016 for EGM.
- Postponement of AGM
With reference to their earlier news (disseminated by DSE on 28.04.2016), regarding Dividend Declaration, the Company has further informed that the AGM which was scheduled to be held on 15.06.2016 has been postponed to comply with the provision of Section 9 of the Finance Act, 2015 as per BSEC Directive No. SEC/SRMIC/2011/1240/445 dated April 27, 2016. The new date and time of the AGM will be announced later.
- Spot News 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 05.05.2016 to 08.05.2016. Trading of the shares of the Company will remain suspended on record date i.e., 09.05.2016 for EGM.
- Dividend Declaration
The Board of Directors has recommended 15% stock dividend for the year ended on December 31, 2015. Date of AGM: 15.06.2016, Time and Venue of AGM to be notified later. Record Date: 19.05.2016. The Company has also reported Net Profit after tax of Tk. 105.58 million, EPS of Tk. 1.47, NAV per share of Tk. 12.19 and NOCFPS of Tk. 2.15 for the year ended on December 31, 2015 as against Tk. 72.00 million, Tk. 1.36, Tk. 12.98 and Tk. (0.71) respectively for the year ended on December 31, 2014.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.04.2016) following its corporate declaration.
- Reschedule of Board Meeting
The Company has further informed that, as per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the meeting of the Board of Directors of the Company will now be held on April 27, 2016 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.
- Issuance of Non-Convertible Preference shares
The Company has informed that the Board of Directors of the Company, inter alia, has decided to issue 55,000,000 Non-Convertible Preference shares of Tk. 10.00 each for an amount of Tk. 55.00 crore only to strengthen the Tier-II Capital of the Company subject to approval of the members of the Company and the Regulatory Authorities. The record date will be on 09.05.2016. The date, time and venue of the General Meeting will be notified later on.
- Postponement of Board Meeting schedule under LR 19(1)
The Company has further informed that the Board meeting scheduled to be held on March 27, 2016 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015, has been postponed due to some unavoidable circumstances. New date and time of the meeting will be notified later.
- Board Meeting
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 March 27, 2016 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.
- Revaluation of Land and Land Development owned by the Company
The Company has informed that the Board of Directors has decided to revalue its land and land development to determine the present market value of all land and land development owned by the Company by a qualified valuation firm.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.