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GPHISPAT

All Eps Dividend Board Agm Q1 Q2 Q3

GPHISPAT 24-Feb-2016

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 February 29, 2016 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on January 31, 2016.

GPHISPAT 14-Feb-2016

The Company has further informed that the subscription period for rights issue will be from 17.04.2016 to 12.05.2016. Record date for entitlement of rights share: 08.03.2016.

GPHISPAT 10-Feb-2016

(continuation news of GPHISPAT): The approval has been accorded subject to the condition that the company shall comply with the requirements embodied in the Securities and Exchange Commission (Rights Issue) Rules, 2006 and other relevant Laws and Regulatory Requirements. (end)

GPHISPAT 10-Feb-2016

The Company has informed that BSEC has approved Rights offer of the Company for raising paid up capital through issuance of 18,71,10,000 ordinary shares of Tk. 10.00 each at an issue price of Tk. 14.00 per share (with a premium of Tk. 4.00 each) totaling Tk. 2,61,95,40,000.00 only at a ratio of 3R:2, i.e. three Rights share for two existing shares. The purpose of the rights issuance is to enhance the production capacity of the Company (cont.)

GPHISPAT 14-Jan-2016

With reference to their earlier news (disseminated by DSE on 13.01.2016) regarding Agreement with Primetals Technologies Austria Gmbh, Austria, the Company has further informed that average net profit after tax will increase by Tk. 1,403.70 million per annum over first 5 years after implementation of the project. The starting time of the project from signing of contact with machinery supplier is January, 2016 and the completion time will be 24 months from signing the contact.

GPHISPAT 13-Jan-2016

(continuation news of GPHISPAT): The approximate total cost of the said expansion plan is BDT 17,000 Million which will be implemented in two phases. The cost of the expansion will be arranged from Owners Equity and from Bank/Financial Institution loan.(end)

GPHISPAT 13-Jan-2016

(continuation news of GPHISPAT): for 640,000 M. Ton (per annum). The said enhancement of production capacity will be added to the existing annual capacity of 168,000 M. Ton MS Billet and 120,000 M. Ton MS Rod. After expansion, the total capacity will reach to 1,008,000 M. Ton in case of MS Billet whereas the capacity of MS Rod and Medium Section product will be 760,000 M. Ton per annum. (cont.2)

GPHISPAT 13-Jan-2016

The Company has informed that the Board of Directors has decided to make an agreement with Primetals Technologies Austria Gmbh, Austria (a joint venture of Siemens and Mitsubishi Heavy Industries & Partners) for supplying of machineries for large scale expansion of GPH Ispat Ltd. with ultra modern long steel technology by enhancement of production capacity of MS Billet for 840,000 M. Ton (per annum) and MS Rod, Medium Section Product (Steel bim, Angle, Channel, Flat bar etc.) (cont.1)

GPHISPAT 21-Dec-2015

The Company has informed that Cash Dividend of the Company for the year ended on April 30, 2015 has been disbursed to the respective shareholders Bank Accounts through BEFTN system.

GPHISPAT 06-Dec-2015

Md. Azizul Hoque, one of the Sponsors/Directors of the Company, has further reported that he has completed his transfer of 4,15,800 shares of the Company to his spouse Nahida Hoque, by way of gift outside the trading system of the Exchange as announced earlier.

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