DSE CORPORATE NEWS Reporting Period: November 05-09, 2017 Source: DSE News Board YEAR-END DIVIDEND DECLARATION KEYACOSMET 2017-11-09 The Board of Directors has recommended 20% stock dividend for the year ended on June 30, 2017. The Board has also decided to increase the Authorized Capital of the Company from Tk. 1,000.00 crore to Tk. 1,500.00 crore & to amend the Clause - V (Uma) of the Memorandum of Association and Clause - 5 of the Articles of Association subject to approval of shareholders in the ensuing AGM. Date of AGM: 28.12.2017, Time: 11:00 AM. Venue: Factory Premises, Jarun, Konabari, Gazipur. Record Date: 28.11.2017. The Company has also reported EPS of Tk. 2.01, NAV per share of Tk. 15.37 and NOCFPS of Tk. (2.88) for the year ended on June 30, 2017 as against Tk. 1.59 (restated), Tk. 13.36 (restated) and Tk. (0.40) (restated) MPETROLEUM 2017-11-09 The Board of Directors has recommended 110% cash dividend for the year ended on June 30, 2017. Date of AGM: 20.01.2018, Time: 11:30 AM, Venue: Chittagong Boat Club Ghat No. 11, East Patenga, Chittagong. Record Date: 30.11.2017. The Company has also reported EPS of Tk. 20.28, NAV per share of Tk. 91.35 and NOCFPS of Tk. 54.39 for the year ended on June 30, 2017 as against Tk. 17.10, Tk. 81.57 and Tk. 108.41 respectively for the same period of the previous year. ECABLES 2017-11-09 The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2017. Date of AGM: 18.01.2018, Time: 11:00 AM, Venue: Factory Premises of the Company, Patenga, Chittagong. Record Date: 30.11.2017. The Company has also reported EPS of Tk. 1.19, NAV per share of Tk. 30.61 and NOCFPS of Tk. 1.89 for the year ended on June 30, 2017 as against Tk. 1.35, Tk. 30.43 and Tk. 4.44 ORIONPHARM 2017-11-08 The Board of Directors has recommended 15% cash dividend for the year ended on June 30, 2017. Date of AGM: 14.12.2017, Time: 10:30 AM, Venue: Officer's Club, 26, Baily Road, Ramna, Dhaka. Record Date: 29.11.2017. The Company has also reported Consolidated EPS of Tk. 3.40, Consolidated NAV per share (including Revaluation Surplus) of Tk. 70.95 and Consolidated NOCFPS of Tk. 9.62 for the year ended on June 30, 2017 as against Tk. 5.65, Tk. 69.99 and Tk. 16.62 respectively for the year ended on June 30, 2016. PADMAOIL 2017-11-08 The Board of Directors has recommended 110% cash dividend for the year ended on June 30, 2017. Date of AGM: 17.02.2018, Time: 11:00 AM, Venue: Hall 24, CRB Road, West side of M.A. Aziz Stadium, Chittagong. Record Date: 18.12.2017. The Company has also reported EPS of Tk. 20.68, NAV per share of Tk. 103.60 and NOCFPS of Tk. 116.42 for the year ended on June 30, 2017 as against Tk. 19.07, Tk. 92.92 and Tk. 80.22 respectively for the same period of the previous year. NTLTUBES 2017-11-08 The Board of Directors has recommended 10% stock dividend for the year ended on June 30, 2017. Date of AGM: 24.12.2017, Time: 11:00 AM, Venue: Factory premises of NTL, Tongi, Gajipur. Record Date: 27.11.2017. The Company 1 Reporting Period: November 05-09, 2017
has also reported EPS of Tk. (2.86), NAV per share of Tk. 215.20 and NOCFPS of Tk. 1.24 for the year ended on June 30, 2017 as against Tk. 0.03, Tk. 239.63 and Tk. 2.26 ORIONINFU 2017-11-08 The Board of Directors has recommended 14% cash dividend for the year ended on June 30, 2017. Date of AGM: 14.12.2017, Time: 11:00 AM, Venue: Officer's Club, 26 Baily Road, Ramna, Dhaka-1000. Record date: 29.11.2017. The Company has also reported EPS of Tk. 1.53, NAV per share of Tk. 12.57 and NOCFPS of Tk. 1.38 for the year ended on June 30, 2017 as against Tk. 5.25, Tk. 12.98 and Tk. 5.15 ATLASBANG 2017-11-07 The Board of Directors has recommended 2% cash and 10% stock dividend for the year ended on June 30, 2017. Date of AGM: 21.12.2017, Time: 11:00 AM, Venue: Factory premises of the Company, 265-267 Tongi I/A, Gazipur. Record date: 27.11.2017. The Company has also reported EPS of Tk. (2.63), NAV per share of Tk. 165.00 and NOCFPS of Tk. (3.94) for the year ended on June 30, 2017 as against Tk. (1.19), Tk. 177.00 and Tk. (7.01) respectively for the same period of the previous year. MATINSPINN 2017-11-07 The Board of Directors has recommended 15% cash dividend for the year ended on June 30, 2017. Date of AGM: 27.12.2017, Time: 11:00 AM, Venue: Factory Premises of Matin Spinning Mills Ltd. at Sardaganj, Kashimpur, Gazipur. Record date: 30.11.2017. The Company has also reported EPS of Tk. 2.68, NAV per share with revaluation reserve of Tk. 41.99, and NOCFPS of Tk. 2.54 for the year ended on June 30, 2017 as against Tk. 3.02, Tk. 41.64 and Tk. 1.53 AMBEEPHA 2017-11-06 The Board of Directors has recommended 30% cash dividend for the year ended on June 30, 2017. Date of AGM: 21.12.2017, Time: 10:00 AM, Venue: 184/1 Tejgaon Industrial Area, Dhaka-1208. Record date: 27.11.2017. The Company has also reported EPS of Tk. 3.02, NAV per share of Tk. 25.24 and NOCFPS of Tk. 10.33 for the year ended on June 30, 2017 which was Tk. 3.41, Tk. 24.82 and Tk. 12.06 respectively for the 18 months period from January 01, 2015 to June 30, 2016. KOHINOOR 2017-11-05 The Board of Directors has recommended 15% Cash Dividend and 15% Stock Dividend for the year ended on June 30, 2017. Date of AGM: 14.12.2017, Time: 10:00 AM, Venue: Officer's Club, 26 Baily Road, Ramna, Dhaka. Record Date: 23.11.2017. The Company has also reported EPS of Tk. 12.04, NAV per share of Tk. 45.46 and NOCFPS of Tk. 34.58 for the year ended on June 30, 2017 as against Tk. 9.79 (restated), Tk. 34.25 (restated) and Tk. 10.21 (restated) GHAIL 2017-11-05 The Board of Directors has recommended 10% stock dividend for the year ended on June 30, 2017. Date of AGM: 21.12.2017, Time: 11:30 AM, Venue: Factory Premises, Monipur, Bhobanipur, Gazipur Sadar, Gazipur. Record Date: 23.11.2017. The Company has also reported Consolidated EPS of Tk. 1.89, Consolidated NAV per share of Tk. 22.20 and Consolidated NOCFPS of Tk. 3.47 for the year ended on June 30, 2017 as against TK. 1.80, Tk. 20.29 and Tk. 4.48 2 Reporting Period: November 05-09, 2017
ICB 2017-11-05 The Board of Directors has recommended 30% cash and 5% stock dividend for the year ended on June 30, 2017. Date of AGM: 23.12.2017, Time: 10:30 AM, Venue: "Jalshaghar", Hotel Purbani International Ltd., 1 Dilkusha C/A, Dhaka - 1000. Record Date: 26.11.2017. The Corporation has also reported Consolidated EPS of Tk. 7.29, Consolidated NAV per share of Tk. 77.86 and Consolidated NOCFPS of Tk. 54.54 for the year ended on June 30, 2017 as against Tk. 5.25, Tk. 59.30 and Tk. 43.38 COMPANY SPECIFIC INFORMATION GOLDENSON 2017-11-08 The Customs Bond Commissionerate, Govt. of the People's Republic of Bangladesh, brought an allegation against Golden Son Limited regarding illegal transfer of duty free imported raw materials from the bonded warehouse and storage of raw materials in the bonded warehouse with an illegal transfer intention. The Company failed to satisfy the complaints that were brought against them after investigation regarding illegal transfer of duty free imported raw materials from the bonded warehouse and storage of raw materials, semi finished goods and finished goods in the bonded warehouse with an illegal intention to transfer the same. As the allegations against the Company were undisputedly proven and established, the Customs Bond Commissionerate, as per the Customs Act, 1969, has imposed penalty to Golden Son Limited of total Tk. 43,29,01,811.61 (Tk. 3,00,000,000 crore as financial penalty for contravention of several conditions that were required to be complied by the Company + Tk. 10,44,15,913.81 as duty for illegal transfer of raw materials + Tk. 2,84,85,897.80 as duty for storage of raw materials with an intention to illegal transfer). The Customs Bond Commissionerate has issued an Order dated October 29, 2017 directing the Company to deposit a total of Tk. 43,29,01,811.61 to Govt. treasury within 15 days of issuing this Order. Moreover, as the offences made by the Company are severe and the company has repeatedly committed the same offences, the tendency of the company to commit offence is evident. As the tendency for committing offence is evident, to secure the Govt. Revenue, under the power conferred by the section 13(3) of The Customs Act, 1969, the bonded warehouse license of the company has been cancelled. But after the cancelation of the bond license, necessary actions can be taken by the Bonder under section 98(A) of The Customs Act, 1969. However, under the circumstance of cancelation of the bond license, the company can still continue its production or operation as a Non-Bonded Company. BBS 2017-11-08 The Company has informed that BBS Cables Ltd. has received "Notification of Award (NOA)" from Bangladesh Rural Electrification Board (BREB) under "Distribution Network Expansion for 100% Rural Electrification (Dhaka, Mymensing, Chittagong & Sylhet Divisions)" projects for the supply of Conductor, ACSR, Bare (Total=20,220 km) for the total amounting of Tk. 112,91,20,260.00. The NOA will be effective upon signing the contract within 28 days. The letter of intimation will be submitted after signing of the contract. The goods will have to be delivered within four months from the date of signing of the contract. The Company holds 16.67% stake of BBS Cables Ltd. which will eventually have a prospective impact on the profitability of the Company after the completion of the jobs. BBSCABLES 2017-11-08 The Company has informed that The Company has received "Notification of Award (NOA)" from Bangladesh Rural Electrification Board (BREB) under "Distribution Network Expansion for 100% Rural Electrification (Dhaka, Mymensing, Chittagong & Sylhet Divisions)" projects for the supply of Conductor, ACSR, Bare (Total=20,220 km) for the total amounting of Tk. 112,91,20,260.00. The NOA will be effective upon signing of the contract within 28 days. The letter of intimation will be submitted after signing of the contract. The goods will have to be delivered within four months from the date of signing of the contract. 3 Reporting Period: November 05-09, 2017
AZIZPIPES 2017-11-08 The Company has informed that the Board of Directors has decided to purchase a new Production Line from India at an estimated cost of Tk. 1.60 crore only as part of BMRE. This will increase the production capacity of pvc pipe. The payment will be made under the lease finance of Haj Finance Company Limited. SHEPHERD 2017-11-07 The Company has informed that the Board of Directors has proposed that the un-utilized funds of IPO proceeds will be used in the following manner subject to approval of the Shareholders in General Meeting and the BSEC: i. Building: Tk. 45,360,000.00 and ii. Machineries & Installation: Tk. 70,467,053.00; in total Tk. 115,827,053. Previously total unutilized fund was Tk. 114,576,375.00 (Building: Tk. 28,140,524.00, ETP: Tk. 15,424,550.00, Machineries & Installation: Tk. 61,910,807.00 & IPO Expenses: Tk. 9,100,494.00). Excess amount of Tk. (115,827,053.00-114,576,375.00) will be financed from the own source of the Company. Reasons for head wise deviations: 1. Building: The Board of Directors decided to build a 30,000 sft. Compliance factory for washing plant. 2. Machineries: most of the Payments for machineries shown on prospectus were made from own source of the Company. Un-used IPO fund will be used for new machineries. 3. ETP: Cost of ETP will be financed from the own source of the Company. 4. IPO Expenses: It was paid from the own source of the Company. CENTRALPHL 2017-11-06 Referring to their earlier news (disseminated by DSE on 22.02.2017) regarding signing a MOU with Alif Group, The Company has further informed the following: "Earlier on 20.02.2017 the Board of Directors of the Company decided to sell their individual respective holdings shares separately to different Directors and concern of Alif Group. But due to long time delay by Alif Group both parties mutually agreed to cancel the same MOU ". CREDIT-RATING STYLECRAFT 2017-11-09 Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (surveillance) of the Company as "BBB1" along with a stable outlook based on audited financial statements up to June 30, 2017; bank liability position as on August 10, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration. GBBPOWER 2017-11-06 Alpha Credit Rating Limited (AlphaRating) has rated the Company as "AA" in the long term and "ST-1" in the short term along with a stable outlook based on audited financial statements of the Company as on June 30, 2017 and relevant qualitative information till November 05, 2017. NFML 2017-11-09 National Hatchery (Pvt.) Ltd., one of the Corporate Sponsors of the Company, has expressed its intention to sell 20,00,000 shares out of its total holding of 25,97,080 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within next 30 working days. PROVATIINS 2017-11-07 Mr. Md. Ruhul Amin, one of the Sponsors of the Company, has further reported that he has completed his sale of 20,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier. 4 Reporting Period: November 05-09, 2017
SUNLIFEINS 2017-11-07 The Company has informed that the Board of Directors has decided to sell the entire share holdings of BD Sunlife Securities Limited, subject to compliance of all Legal & Regulatory requirements. IBNSINA 2017-11-06 Mr. Kazi Harun-or-Rashid, one of the Directors of the Company, (Nominated Director on behalf of Ibn Sina Trust), has expressed his intention to buy 12,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange within next 30 working days. UNIQUEHRL 2017-11-06 Rtn. Ghulam Mustafa, Independent Director of the Company, has expressed his intention to buy 1,00,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange within next 30 working days. NCCBANK 2017-11-05 Mr. Minhaz Kamal Khan, one of the Sponsors of the Company, has further reported that he has completed his sale of 50,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier. NCCBANK 2017-11-05 Mr. Mohammad Nurussafa Mazumder (Babu), one of the Sponsors of the Company, has further reported that he has completed his buy of 5,00,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier. PREMIERLEA 2017-11-05 Mr. M. Rabiul Huq, one of the Sponsors of the Company, has further reported that he has completed his buy of 11,19,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier. IFILISLMF1 2017-11-05 Islamic Finance and Investment Limited, the Corporate Sponsor of the Fund, has expressed its intention to sell 60,00,000 units out of its total holding of 70,00,000 units of the Fund at prevailing market price (in the Public Market) through Stock Exchange within next 30 working days. Disclaimer: This document has been prepared by International Leasing Securities Limited (ILSL) for information only of its clients on the basis of the publicly available information in the market and own research. This document has been prepared for information purpose only and does not solicit any action based on the material contained herein and should not be construed as an offer or solicitation to buy or sell or subscribe to any security. Neither ILSL nor any of its directors, shareholders, member of the management or employee represents or warrants expressly or impliedly that the information or data of the sources used in the documents are genuine, accurate, complete, authentic and correct. However all reasonable care has been taken to ensure the accuracy of the contents of this document. ILSL will not take any responsibility for any decisions made by investors based on the information herein. 5 Reporting Period: November 05-09, 2017