BullBD Old Apps Site
Home
Favorites
Recently viewed Details Chart Today news Share news Top gainer Top Looser Upcoming events
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0 1 2 3 4 5 6 7 8 9 All
Bank Cement Ceramics Sector Corporate Bond Engineering Financial Institutions Food & Allied Fuel & Power IT Sector Insurance Jute Life Insurance Miscellaneous Mutual Funds Paper & Printing Pharmaceuticals & Chemicals Services & Real Estate Tannery Industries Telecommunication Textile Travel & Leisure All
  • Details
  • Chart
  • News

MJLBD

All Eps Dividend Board Agm Q1 Q2 Q3

MJLBD 26-Jan-2020

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 29, 2020 at 6:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2019.

MJLBD 01-Jan-2020

The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2019 to the respective shareholders' Bank Accounts through BEFTN system.

MJLBD 19-Nov-2019

(Continuation news of MJLBD): and signed on 19 August 2019 and the proceeds were received by MJL Bangladesh Limited on the same day. MJL & AKT Petroleum Limited contributed 0.45% to MJLBL Group revenue for the year ended 30 June 2019 and the financial statements of MJL & AKT Petroleum Limited has been audited for the year ended 31 March 2019. (End)

MJLBD 19-Nov-2019

(Continuation news of MJLBD): shares of that company. The Board of Directors of MJL Bangladesh Limited decided to offload its entire share in MJL & AKT Petroleum Limited under a put option at a consideration value of USD 1.3 million as against cost of the investment of USD 1.02 million. The Sale and Purchase Agreement (SPA) was approved in the Board meeting held on 31 July 2019 (cont. 8)

MJLBD 19-Nov-2019

(Continuation news of MJLBD): Note 02.24 Events after reporting date: Offload of investment in share of MJL & AKT Petroleum Limited: Non-adjusting event. MJL & AKT Petroleum Limited was a subsidiary company of MJL Bangladesh Limited, incorporated in Myanmar to carry out business as the authorized importer, dealer and distributer of ExxonMobil Engine Oil, since 2013. MJL Bangladesh possesses 51% (cont. 7)

MJLBD 19-Nov-2019

(Continuation news of MJLBD): Emphasis of Matter: We draw attention to the fact described in Note # 2.24 to the financial statements that MJL Bangladesh Limited offloaded its investment in shares of one of its subsidiaries namely, MJL & AKT Petroleum Limited during the year under audit. MJL Bangladesh Limited occupied 51% shares of the said subsidiary which contributed 0.45% of the total revenue of the Group for the year ended 30 June. (cont.6)

MJLBD 19-Nov-2019

(Continuation news of MJLBD): such as the Directorate of Labour/National Board of Revenue, the company may proceed on with filing writ petition in this matter for appropriate relief from the High Court Division, Supreme Court of Bangladesh. The company expects to finalize this matter very soon. Accordingly, no provision has been made in the financial statements for this obligation. (cont. 5)

MJLBD 19-Nov-2019

(Continuation news of MJLBD): appeal with the Government of Bangladesh for amendment/ waiver of the application of the "Worker Participation Fund" in respect of the energy companies in Bangladesh. The matter is at appeal stage now pending before the concerned government authority for decision. In absence of satisfactory response from the government authority and/or any claim from competent authorities (cont.4)

MJLBD 19-Nov-2019

(Continuation news of MJLBD): Note 2.15 Benefits to the employees (iii) Workers' Profit Participation Fund-According to amended Labor Act 2013, the company is required to set up "Worker's Profit Participation Fund" and transfer 5% of the net profits to this fund utilized in accordance with the provision of the Act. The Bangladesh Energy Companies Association, on behalf of our Company and other member companies, has filed an (cont.3)

MJLBD 19-Nov-2019

(Continuation news of MJLBD): As disclosed in note # 2.15(iii) to the financial statements, none of MJL Bangladesh Limited and its subsidiaries has made any provision for the said fund. Had the provision for WPPF been made in these financial statements the net profit before tax of the Group as well as of the Company would have been decreased by Tk. 152,940,246 and Tk. 94,790,529 respectively. (cont.2)

Previous Next page