EarningsSAFKOSPINN

SAFKOSPINN Earnings Update

Published
Last verified by BullBD

Announcement summary

What happened
SAFKOSPINN published a corporate disclosure on 10 March 2014. Read the full announcement for details.
Company
Safko Spinnings Mills Ltd.
Announcement published

Original announcement

The Board of Directors has recommended 10% stock dividend for the year ended on December 31, 2013. The Board has also decided to issue Rights shares @ 3R:2 (i.e. 3 Rights shares for every 2 Ordinary shares held) at an issue price of Tk. 10.00 each after considering 10% bonus share for the year ended on December 31, 2013 subject to approval by the shareholders and the regulatory authorities. Date of AGM: 12.04.2014, Time: 11:00 AM, Venue: Mill premises, Noyapara, Saihamnagar, Habigonj. Record Date: 20.03.2014. The Company has also reported EPS of Tk. 1.14, NAV per share of Tk. 22.88 and NOCFPS of Tk. 0.73 for the year ended on 31.12.2013. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf6b5a6b000040066815
Original publication
Last verified by BullBD
Translation
BullBD
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