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 2018 (22).
- Resumption after record date
Trading of the shares of the Company will resume on 28.11.2018 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 27.11.2018 for EGM and AGM.
- Spot News for EGM and AGM
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 25.11.2018 to 26.11.2018. Trading of the shares of the Company will remain suspended on record date i.e., 27.11.2018 for EGM and AGM.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.31 for July-September, 2018 as against Tk. 0.43 for July-September, 2017; NOCFPS was Tk. 0.20 for July-September, 2018 as against Tk. 0.09 for July-September, 2017. NAV per share was Tk. 13.71 as on September 30, 2018 and Tk. 13.40 as on June 30, 2018
- Date Change of EGM & AGM
The Company has further informed that due to National Parliament Election, they will hold their EGM and AGM on 26th December, 2018 instead of 31st December, 2018. Other information will remain unchanged.
- 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, 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.
- Dividend Declaration and Revision of Rights Issue
The Board of Directors has recommended 10% stock dividend for the year ended on June 30, 2018. The Board of Directors has also taken decision for revision of rights offer to issue 49,276,350 ordinary shares of Tk. 10.00 each at an issue price of Tk. 10.00 each per share totaling Tk. 492,763,500.00 offered (cont.1) (Continuation news of ZAHEENSPIN): The Company has also reported EPS of Tk. 1.17, NAV per share of Tk. 13.40 and NOCFPS of Tk. 0.64 for the year ended on June 30, 2018 as against Tk. 1.21, Tk. 14.07 and Tk. 0.75 respectively for the same period of the previous year. Another record date for entitlement of the proposed rights shares will be notified later after obtaining approval from BSEC. (end) (Continuation news of ZAHEENSPIN): Date of EGM & AGM: 31.12.2018, Time for EGM & AGM: 9:00 AM & 10:00 AM respectively, Venue: Sughandha Community Centre, Plot: 75/A, Road: 5/A, Satmosjid Road, Dhanmondi, Dhaka. Record Date for EGM & AGM: 27.11.2018. (cont.3) (Continuation news of ZAHEENSPIN): on the basis of @ 1R:2 (1 rights for 2 existing share) held instead of previously approved 9,85,52,700 Ordinary shares of Tk. 10.00 each at an issue price of Tk. 10.00 each offered on the basis of @ 1R:1 (1 rights for 1 existing share) subject to approval of shareholders in the EGM and Regulatory Authorities. The purpose of the Rights issue is for expansion of the existing project. (cont.2)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.10.2018) 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 27, 2018 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- BSEC accepted the proposed revision of Rights Offer
The Company has informed that the BSEC has accepted the proposed revision of Rights Offer of the Company in principle, cancelling the previously scheduled subscription period and also requested the Company to submit the revised application in compliance with relevant securities laws.
- Postponement of Board Meeting schedule under LR 19(1)
The Company has further informed that, due to unavoidable circumstances, the Board meeting under LR 19(1) scheduled to be held on July 25, 2018 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018, has been postponed. New date and time of the meeting will be notified later on.
- Appointment of Managing Director & CEO
The Company has informed that as per unanimous decision of the Board of Directors of the Company, Mr. Mahmudur Rahman; sponsor director of the Company has been appointed as the Managing Director and CEO of the Company for the remaining period with effect from July 12, 2018 in place of deceased Managing Director Mr. A.M. Badruzzaman Khashroo.
- 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 July 25, 2018 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Q3 Financials
(Q3 Un-audited): (Q3 Un-audited): EPS was Tk. 0.26 for January-March, 2018 as against Tk. 0.30 for January-March, 2017. EPS was Tk. 1.06 for July 2017-March, 2018 as against Tk. 1.17 for July 2016-March, 2017. NOCFPS was Tk. 0.49 for July 2017-March, 2018 as against Tk. 0.59 for July 2016-March 2017. NAV per share was Tk. 13.30 as on March 31, 2018 and Tk. 14.07 as on June 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 April 28, 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.
- Resumption after record date
Trading of the shares of the Company will resume on 08.04.2018 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 05.04.2018.
- Record date for Rights entitlement
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 the entitlement of Rights shares from 03.04.2018 to 04.04.2018. Trading of the shares of the Company will remain suspended on record date i.e., 05.04.2018.
- Subscription period and Record date for Rights Issuance
The Company has further informed that the subscription period for rights issue will be from 29.07.2018 to 26.08.2018. Record date for entitlement of rights share: 05.04.2018.
- BSEC Approval for issuance of Rights Share
The Company has informed that Bangladesh Securities and Exchange Commission (BSEC) has accorded approval for raising paid up capital through issuance of 9,85,52,700 Ordinary shares of Tk. 10.00 each per share, at par, totaling Tk. 98,55,27,000.00 at a ratio of 1R:1(1 Rights Share for every existing share hold on the Record Date) subject to the condition that the Company shall comply with the requirements embodied in the Rights Issue Rules, 2006 (cont.) (Continuation news of ZAHEENSPIN): and other relevant laws and regulatory requirements, and shall also adhere to the conditions imposed under Section-2CC of the Securities and Exchange Ordinance, 1969. The purpose of issuance of Rights share is to raise further paid up capital for expansion of the existing project, to meet the requirement of working capital and partial repayment of term loan of the Company. (end)
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.38 for October-December, 2017 as against Tk. 0.37 for October-December, 2016; EPS was Tk. 0.82 for July-December, 2017 as against Tk. 0.78 for July-December, 2016. NOCFPS was Tk. 0.32 for July-December, 2017 as against Tk. 0.41 for July-December, 2016. NAV per share was Tk. 13.04 as on December 31, 2017 and Tk. 14.07 as on June 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 January 30, 2018 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.