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DSE/CSE News in Brief (17-10-2019)

October 17, 2019 00:00:00


DSE NEWS

Recommendation of dividend

Northern Jute Manufacturing Co. Ltd.: The board of directors has recommended 100 per cent cash dividend for the year ended on June 30, 2019. The AGM of the company will be held on December 08, 2019 at 9:30 am at RAOWA Convention Hall-3 (Eagle), VIP Road, Mohakhali, Dhaka-1206. The record date is on November 05, 2019. The company has also reported EPS of Tk. 23.29, NAV per share of Tk. 80.33 and NOCFPS of Tk. (22.66) for the year ended on June 30, 2019 as against Tk. (17.15), (restated), Tk. 57.04 and Tk. (28.92) respectively for the same period of the previous year. The company has also informed that EPS of this year increase positive scenario is resulted procured raw jute in the regular season when the price was lower than other time. On the other hand, sales price of yarn was higher than previous year as demand of jute yarn is increasing in the whole world. NAV increase current year due to profit increased this year and it decreased the accumulated loss from previous year. NOCFPS increase current year due to procured raw jute in time that is crop's purchased season when the price was lower than previous period. They also inform that in the last year NOCFPS was wrongly showed Tk. (34.70) which would be actually Tk. (28.92).

Board meetings

Pioneer Insurance Company Ltd.: A meeting of the board of directors will be held on October 29, 2019 at 3:00 pm to consider, among others, un-audited financial statements of the company for the third quarter period ended on September 30, 2019.

Daffodil Computers Ltd.: A meeting of the board of directors will be held on October 26, 2019 at 10:30 am to consider, among others, audited financial statements of the company for the year ended on June 30, 2019.

CSE NEWS

Board meetings

ACI Formulations Limited: A board meeting of the company will be held on October 24, 2019 at 4:00 pm to consider, among others, audited financial statements of the company for the year ended on June 30, 2019.

Alltex Industries Limited: A board meeting of the company will be held on October 24, 2019 at 3:00 pm to consider, among others, audited financial statements of the company for the year ended on June 30, 2019.

Standard Insurance Ltd.: A board meeting of the company will be held on October 24, 2019 at 3:30 pm to consider, among others, un-audited financial statements of the company for the third quarter period ended on September 30, 2019.

Esquire Knit Composite Limited: A board meeting of the company will be held on October 24, 2019 at 3:00 pm to consider, among others, audited financial statements of the company for the year ended on June 30, 2019.

Reschedule of board meeting

Khulna Power Company Ltd.: The company informed that, due to unavoidable circumstances the board meeting of the company will now be held on October 23, 2019 at 6:00 pm instead of October 20, 2019 at 6:00 pm to consider, among others, audited financial statements of the company for the year ended on June 30, 2019.

Shifting of registered and share office

Beach Hatchery Ltd.: The registered and share office of the company will be shifted to House No. 139/B, Lane # 22, Mohakhali DOHS, Mohakhali, Dhaka-1212 from Concord Tower, Apt903, 113 Kazi Nazrul Islam Aveneue, Bangla Mototr, Dhaka-1000 with effect from October 20, 2019. New Telephone Number: 9833506, Fax: 880-2-9833507 and E-mail: [email protected].

— DSE/CSE Online


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