Zahintex Industries Ltd. announcements
212 Dhaka Stock Exchange announcements for Zahintex Industries Ltd. (ZAHINTEX) since 2011: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2018 (21).
- The Company will be placed in 'B' category from existing 'A' category with effect from December 27, 2018 as the Company
The Company will be placed in 'B' category from existing 'A' category with effect from December 27, 2018 as the Company has approved 3% cash dividend for the shareholders except Sponsors/Directors for the year ended on June 30, 2018.
- DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase sec
DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Zahintex Industries Limited in between 1st to 30th trading day after change of categorization, with effect from December 27, 2018 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
- Emphasis of Matters: The auditor of the company has given the following "Emphasis of Matter" paragraph in the audit repo
Emphasis of Matters: The auditor of the company has given the following "Emphasis of Matter" paragraph in the audit report of the company prepared for the year ended on 30 June 2018. Emphasis of Matters: Without qualifying our opinion, we draw our attention to the following matters: 1. The management of the company explained in note #6 to the financial statements the reasons as to why current year-end inventory holding position has been increased in comparison with previous year. (cont.)
- (Continuation news of ZAHINTEX): 2. The management of the company explained in note # 34.10 to the financial statements
(Continuation news of ZAHINTEX): 2. The management of the company explained in note # 34.10 to the financial statements its position as to why cash flow from operating activities in the current year in negative. (end)
The first part of this announcement is missing from the archive. - Resumption after record date
Trading of the shares of the Company will resume on 22.11.2018 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2018.
- 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 18.11.2018 to 19.11.2018. Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2018.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.15 for July-September 2018 as against Tk. 0.32 for July-September 2017; NOCFPS was Tk. 0.16 for July-September 2018 as against Tk. 0.02 for July-September 2017. NAV per share was Tk. 25.06 as on September 30, 2018 and Tk. 24.91 as on June 30, 2018.
- 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 12, 2018 at 4:00 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
The Board of Directors has recommended 3% cash dividend for the shareholders except Sponsors/Directors (Sponsors/Directors hold 3,02,21,518 shares and general shareholders will get cash dividend of Tk. 1,54,82,109.00) for the year ended on June 30, 2018. Date of AGM: 26.12.2018, Time: 9:00 AM, Venue: Old Rehabilitation Center, Bishia, Kuribari, Monipur, Gazipur. Record Date: 20.11.2018. (cont.) (Continuation news of ZAHINTEX): The Company has also reported EPS of Tk. 0.60, NAV per share of Tk. 24.91 and NOCFPS of Tk. (1.59) for the year ended on June 30, 2018 as against Tk. 0.73, Tk. 26.75 and Tk. 2.27 respectively for the same period of the previous year. (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (25.10.2018) 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 24, 2018 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.04 for January-March 2018 as against Tk. 0.11 for January-March 2017; EPS was Tk. 0.57 for July 2017-March 2018 as against Tk. 0.63 for July 2016-March 2017. NOCFPS was Tk. (2.61) for July 2017-March 2018 as against Tk. (1.55) for July 2016-March 2017. NAV per share was Tk. 24.89 as on March 31, 2018 and Tk. 26.75 as on June 30, 2017.
- Declaration of share transfer by a Sponsor Director
Mr. Khatib Abdul Zahid Mukul, one of the Sponsor Directors of the Company, has expressed his intention to transfer 28,00,000 shares out of his total holding of 2,28,26,199 shares of the Company to his brother Mr. Khatib Abdul Karim, by way of gift outside the trading system of the Exchange within April 30, 2018.
- 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 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.
- Address Change of the Information Department & Share Office
The Company has informed that the Information Department & Share Office of the Company has been relocated to its new address in Room-820, 8th Floor, BNS Center, Sec-07, Uttara, Dhaka with effect from April 07, 2018.
- Dividend Disbursement
The Company has informed that it has credited bonus share for the year ended on June 30, 2017 to the respective shareholders' BO Accounts.
- Emphasis of Matter
Emphasis of Matter: The auditor of the company has given the following 'Emphasis of Matter' Paragraph in the audit report of the company prepared for the year ended on 30 June 2017. Emphasis of Matter: Without qualifying our opinion, we draw attention to note no # 28 to the financial statements the management of the company explained (cont. 1) (Continuation news of ZAHINTEX): as well as automation of some machineries. The Accord Alliance Certification will assist the company in getting export orders from North American buyers. As a result, we are very hopeful that the export order of the company will significantly increase in subsequent periods and accordingly positively after the earnings of the company. (end) (Continuation news of ZAHINTEX): the reasons as to why EPS declined in the current year in comparison with previous year. Note-28: Reason for decrease in Earnings per Share (EPS): During the year company's EPS decreased due to reduction of export from Tk. 162 crore to Tk. 121 crore. The production of the company was temporarily hampered for the compliance work of Accord Alliance certification (cont. 2)
- Credit Rating Result
National Credit Ratings Limited (NCR) has announced the Surveillance Entity Rating of the Company as "A-" in the long term and "ST-3" in the short term along with a developing outlook based on audited financial statements of the Company as on June 30, 2017.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.21 for October-December, 2017 as against Tk. 0.24 for October-December, 2016; EPS was Tk. 0.53 for July-December, 2017 as against Tk. 0.52 for July-December, 2016. NOCFPS was Tk. 0.63 for July-December, 2017 as against Tk. (0.86) for July-December, 2016. NAV per share was Tk. 24.85 as on December 31, 2017 and Tk. 24.31 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 28, 2018 at 4:00 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.