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FARCHEM

All Eps Dividend Board Agm Q1 Q2 Q3

FARCHEM 09-Nov-2021

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, 2021 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, 2021.

FARCHEM 01-Nov-2021

(Continuation news of FARCHEM): The Company has also informed that Shifting Disposal of Chemical Factory: The meeting had a threadbare discussion on the shifting/ disposal of factory shed, plant and equipment located at EPZ Cumilla to the newly established own factory premises at Rupgonj, Narayangonj and resolved the shifting/disposal accordingly as per the approval of shareholders in the AGM dated on December 22, 2020 and respective concerned authorities with cease the operation of factory of Cumilla EPZ.

FARCHEM 01-Nov-2021

(Continuation news of FARCHEM): Hence the proposed amalgamation scheme has been resolved to prepare accordingly. By successful implementation of the amalgamation scheme, S.F. Textile Industries Limited (the Transferor Company) will be merged with the FAR Chemical Industries Limited (the Transferee Company). (cont. 3)

FARCHEM 01-Nov-2021

(Continuation news of FARCHEM): S.F. Textile Industries Limited is an allied concern of FAR Chemical Industries Limited. Production unit of S.F. Textile Industries Limited is adjacent to the own new location of FAR Chemical Industries Limited at Rupganj, Narayanganj. S.F. Textile Industries Limited has been in operation since the year of 2016 with the production capacity of 42,250 spindles Cotton, Viscose and CVC yarn spinning. (cont. 2)

FARCHEM 01-Nov-2021

The Company has informed that that Board of Directors has resolved the proposal to take over the Company name and style as S.F. Textile Industries Limited, a non-listed public limited Company, with its all assets and liabilities as per provisions of Sections 228 and 229 of the Companies Act, 1994 subject to approval of the Shareholders, the Honorable High Court Division of the Supreme Court of Bangladesh and other Regulatory authorities as required. (cont. 1)

FARCHEM 31-Oct-2021

There will be no price limit on the trading of the shares of the Company on today (31.10.2021) for following its corporate declaration.

FARCHEM 31-Oct-2021

The Board of Directors has recommended 1% cash dividend for the year ended on June 30, 2021. Date of AGM: 21.12.2021, Time: 12:30 PM, Venue: Jam Jam Hotel & Resort Hall, Shankerpur, Cumilla. Record Date: 25.11.2021. The Company has also reported EPS of Tk. (0.16) NAV per share of Tk. 13.71 and NOCFPS of Tk. 2.31 for the year ended on June 30, 2021 as against Tk. 0.33, Tk. 13.96 and Tk. 0.51 respectively for the same period of the previous year.

FARCHEM 21-Oct-2021

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 28, 2021 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.

FARCHEM 03-Aug-2021

The Company has informed that they have already undertaken civil construction work of its 2nd Unit and also has opened L/C of Pre-fabricated Steel Structure Building Factory Shade and Partial Capital Machineries for its 2nd Unit at Rupgonj, Narayangonj. Rest L/C opening is under process.

FARCHEM 10-Jun-2021

(Q3 Un-audited): EPS was Tk. (0.02) for January-March 2021 as against Tk. 0.12 for January-March 2020; EPS was Tk. (0.04) for July 2020-March 2021 as against Tk. 0.48 for July 2019-March 2020. NOCFPS was Tk. 0.87 for July 2020-March 2021 as against Tk. 0.05 for July 2019-March 2020. NAV per share was Tk. 13.83 as on March 31, 2021 and Tk. 13.96 as on June 30, 2020.

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