03:46:37 (BST) 03:46:37 (BST)
CSE news on ACI
2025-07-29: Board approval for formation of a new subsidiary company
ACI: The company has informed that the Board of Directors of the Company at its 224th Board meeting held on 28 July 2025 approved the formation of a new subsidiary company under the name of ''ACI Biosciences Limited'' having an authorized capital of BDT 100 (One Hundred) Crore and a paid up capital of BDT 25 (Twenty Five) Crore wherein Advanced Chemical Industries PLC shall hold 90% shares, at the earliest convenience, subject to the approval of the concerned authority.
2025-07-02: Name Change of the Company
ACI: Chittagong Stock Exchange PLC (CSE) has approved the proposed name change of the Company. Accordingly, the name of the Company will be ''Advanced Chemical Industries PLC.'' instead of ''Advanced Chemical Industries Limited'' with effect from July 03, 2025. Other information (except name) will remain unchanged.
2025-06-16: Record Date Tomorrow (17.06.2025)
ACI: Trading of the shares of the Company will remain suspended on its record date i.e., 17.06.2025 for amalgamation purpose. Trading of the shares of the Company will resume on 18.06.2025.
2025-06-04: Spot trade from 15.06.2025
ACI: Trading of the shares of the Company will be allowed only in the Spot Market from 15.06.2025 to 16.06.2025 as the record date of the Company is on 17.06.2025 for issuance and allotment of 195,374 shares.
2025-05-25: Cont. - Fixation of Record Date for issuance and allotment of 195,374 shares
ACI: (Cont.) For such issue and allotment, the Record Date will be June 17, 2025. No of outstanding Shares of ACI Ltd.: Before Amalgamation: 87,636,469 shares and After Amalgamation: 87,831,843 shares.(End)
2025-05-25: Fixation of Record Date for issuance and allotment of 195,374 shares
ACI: Referring to their earlier news disseminated by CSE on 08.05.2025, the company has further informed that following the Judgement passed in the Company Matter No. 272 of 2022 on November 07, 2023 by the Honorable High Court Division, 195,374 nos. of ordinary shares of Tk. 10/- (Taka Ten) each only will be issued and allotted in favour of the equity shareholders of Premiaflex Plastics Limited. Name of the Shareholders and Quantity of Ordinary Shares are as follows: 1. Mr. M Anis Ud Dowla - 194,989 shares, 2. Dr. Arif Dowla - 195 shares and 3. Ms. Shusmita Anis - 190 shares. (Cont.)
2025-05-08: BSEC's consent on the issue and allotment of 195,374 ordinary shares
ACI: Refer to their earlier news disseminated by CSE on 19.11.2024 regarding issuing of Shares and Raising Authorized Capital. In this respect, the Bangladesh Securities and Exchange Commission has accorded its consent for raising of paid-up capital by Advanced Chemical Industries Ltd by issuing 1,95,374 nos of ordinary shares @ Tk. 10/- each only in favor of the equity shareholders of Premiaflex Plastics Ltd as per the Scheme of amalgamation approved by the shareholders and the Honorable High Court Division of the Supreme Court of Bangladesh, pursuant to Court Order in Company Matter No. 272 of 2022.
2025-05-04: Buy Confirmation
ACI: Dr. Arif Dowla, Managing Director of the company, has further informed that he has completed his buying of 1,400,000 shares of the company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated by CSE on 21.04.2025
2025-04-30: Un-audited Financial Statements
ACI: (Quarter 3) As per un-audited financial statements of the Company, Consolidated EPS was Tk. (1.12) for January-March 2025 as against Tk. 0.13 for January-March 2024; Consolidated EPS was Tk. (9.11) for July 2024-March 2025 as against Tk. (7.18) for July 2023-March 2024. Consolidated NOCFPS was Tk. (83.11) for July 2024-March 2025 as against Tk. (51.03) for July 2023-March 2024. Consolidated NAV per share was Tk. 67.10 as on March 31, 2025 and Tk. 79.28 as on June 30, 2024.
2025-04-23: Buy Confirmation
ACI: Ms. Shusmita Anis, one of the Directors of the Company, has further informed that she has completed her buying of 775,000 shares of the company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated on 15.04.2025.
2025-04-21: Board Meeting
ACI: The Company has informed that the Board Meeting will be held on April 29, 2025 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2025.
2025-04-21: Buy Intention
ACI: Dr. Arif Dowla, Managing Director of the company, has reported his intention to buy 1,400,000 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange PLC. within April 30, 2025 as per Rule-4 of the BSEC (Ullekhzogyo Sonkhyok Share Orjon, Odhigrohon o Kortritto Grohon) Bidhimala, 2018.
2025-04-15: Buy Intention
ACI: Ms. Shusmita Anis, a Director of the Company, has reported her intention to buy 775,000 shares of the Company at prevailing market price (in the Block Market) through Dhaka Stock Exchange PLC. within April 30, 2025.
2025-03-09: Buy confirmation
ACI: Dr. Arif Dowla, Managing Director of the Company, has completed buying of 2,500,000 shares of the company through Dhaka Stock Exchange PLC. as per declaration disseminated on 10.02.2025.
2025-02-10: Buy Intention
ACI: D r. Arif Dowla, Managing Director of the Company, has reported his intention to buy 2,500,000 shares of the Company at prevailing market price (in the Block Market) through Dhaka Stock Exchange PLC. within next 30 working days.
2025-02-09: Cash Dividend Disbursement
ACI: The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2024 to the respective shareholders.
2025-02-02: Regarding Board approval of formation of a new subsidiary company
ACI: The company has informed that the Board of Directors of the Company in its meeting held on January 30, 2025 has approved the formation of a new subsidiary company under the title of "ACI Herbal and Nutraceuticals Limited" having an authorized capital of BDT 100 (One Hundred) Crore and a paid up capital of BDT 10 (Ten) Crore wherein Advanced Chemical Industries PLC shall hold 85% shares at the earliest convenience subject to the approval of the concerned authority.
2025-02-02: Un-audited HY A/Cs
ACI: (Quarter 2) As per un-audited half yearly accounts of the Company, Consolidated EPS was Tk. (3.17) for October-December 2024 as against Tk. (5.51) for October-December 2023; Consolidated EPS was Tk. (7.99) for July-December 2024 as against Tk. (7.30) for July-December 2023. Consolidated NOCFPS was Tk. (63.58) for July-December 2024 as against Tk. (77.05) for July-December 2023. Consolidated NAV per share was Tk. 68.33 as on December 31, 2024 and Tk. 79.28 as on June 30, 2024.
2025-01-30: Buy Confirmation
ACI: M. Anis Ud Dowla, Chairman of the Company, has further informed that he has completed his buying of 16,00,000 shares of the company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated on 26.01.2025.
2025-01-26: Buy confirmation
ACI: Ms. Shusmita Anis, a Nominated Director of the Company, has further informed that she has completed her buying of 1,515,000 shares of the Company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated by CSE on 15.01.2025.
2025-01-26: Bonus Shares Credited
ACI: The Company has informed that it has credited the Bonus Shares for the year ended June 30, 2024 to the respective shareholders' BO Accounts.
2025-01-26: Buy Intention
ACI: Mr. M. Anis Ud Dowla, Chairman of the company, has reported his intention to buy 1,600,000 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange PLC. within next 30 (thirty) working days as per Rule 4 of the BSEC (Substantial Acquisition of Shares Rules, 2018).
2025-01-22: Board Meeting
ACI: The Company has informed that the Board Meeting will be held on January 30, 2025 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2024.
2025-01-20: Buy confirmation
ACI: Dr. Arif Dowla, Managing Director of the Company, has further informed that he has completed his buying of 6,00,000 shares of the company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated by CSE on 09.01.2025.
2025-01-15: Buy Intention
ACI: Ms. Shusmita Anis, a Director of the Company, has reported her intention to buy 1,515,000 shares of the Company at prevailing market price (in the Block Market) through Dhaka Stock Exchange PLC. within next 30 working days.
2025-01-09: Credit Rating
ACI: Credit Rating Information and Services Ltd. (CRISL) has informed that the Rating Committee of CRISL has assigned the rating of the Company as ''AA-'' in the long term and ''ST-2'' in the short term along with a stable outlook in consideration of its audited financials up to June 30,2024; also unaudited financials up to September 30, 2024 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2025-01-09: Buy Intention
ACI: Dr. Arif Dowla, Managing Director of the Company, has expressed his intention to buy 6,00,000 shares of the Company at prevailing market price (in the Block Market) through Dhaka Stock Exchange PLC. within next within next 30 working days.
2024-11-19: Cont-Regarding Issuing of Shares and Raising Authorized Capital
ACI(cont): (Name of the Shareholders - Quantity of Ordinary Shares - Face Value (BDT) - Total Amount of Issued Shares (BDT)): 1. Mr. M anis Ud Dowla - 194,989 shares - Tk. 10.00 - BDT 1,949,890.00; 2. Dr. Arif Dowla - 195 shares - Tk. 10.00 - BDT 1,950.00; 3. Ms. Shusmita Anis - 190 shares - Tk. 10.00 - BDT. 1,900.00 and the authorized share capital of Premiaflex Plastics Limited i.e. BDT 150.00 Crore will be added with the current Authorized Capital of the Company in line with the said order and the article 38 of the Scheme of Amalgamation. Accordingly, the Authorized Capital of Advanced Chemical Industries Limited will now become BDT 300.00 Crore.(end)
2024-11-19: Regarding Issuing of Shares and Raising Authorized Capital
ACI: Refer to the earlier news disseminated by CSE on 14.07.2022 regarding arrangement for demerger and merger subject to proper authorities' approval, the company has further informed that, in accordance with that earlier disclosures and Judgment passed in the Company Matter No. 272 of 2022 on 7 November 2023 by the Honorable High Court Division, 195,374 Nos. of ordinary shares of Tk. 10/- (Taka Ten) each only will be issued and allotted in favour of the equity shareholders of Premiaflex Plastics Limited as per the following table:(cont)
2024-11-17: Un-audited Financial Statements
ACI: (Quarter 1) As per un-audited financial statements of the Company, Consolidated EPS was Tk. (5.54) for July-September 2024 as against Tk. (2.07) for July-September 2023; Consolidated NOCFPS was Tk. (62.07) for July-September 2024 as against Tk. (34.19) for July-September 2023. Consolidated NAV per share was Tk. 84.77 as on September 30, 2024 and Tk. 91.17 as on June 30, 2024. Reasons for deviation: Consolidated EPS decreased as cost of borrowing increased due to the increase in market interest rate along with the additional funding for working capital and strategic investments for supporting business growth. Consolidated NOCFPS has decreased as a result of the movement in the working capital level.
2024-11-14: Record Date on17.11.2024
ACI: Trading of the shares of the Company will remain suspended on its record date i.e., 17.11.2024. Trading of the shares of the Company will resume on 18.11.2024.
2024-11-12: Spot trade from tomorrow (13.11.2024)
ACI: Trading of the shares of the Company will be allowed only in the Spot Market from 13.11.2024 to 14.11.2024 as the record date of the Company is on 17.11.2024.
2024-11-10: Board Meeting
ACI: The Company has informed that the Board Meeting of the Company will be held on November 14, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
2024-10-29: Recommendation of Dividend (Additional Information)
ACI: Refer to their earlier news disseminated today i.e., 29.10.2024 regarding dividend declaration, the company has further informed that the declared dividend has not been recommended from capital reserve or revaluation reserve or any unrealized gain of the company or through reducing the paid-up capital. Bonus shares has been recommended for utilization the retain earnings of the Company as Capital for ongoing operation, i.e. working Capital.
2024-10-29: CB Free
ACI: Please note that there will be no price limit today 29.10.2024 on the trading of the shares of the company following its corporate declaration.
2024-10-29: Recommendation of Dividend
ACI: The Board of Directors has recommended 20% Cash and 15% Stock Dividend for the year ended June 30, 2024. Date of AGM: 29.12.2024, Time: 11:30 AM, Venue: Digital System. Record Date: 17.11.2024. The Company has also reported consolidated EPS of Tk. (18.25), consolidated NAV per share of Tk. 91.17 and consolidated NOCFPS of Tk. 0.82 for the year ended June 30, 2024 as against Tk. (6.47), Tk. 113.38 and Tk. (24.44) respectively for the year ended June 30, 2023.
2024-10-21: Board Meeting
ACI: The Company has informed that the Board Meeting will be held on October 28, 2024 at 04:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
2024-04-30: Un-audited Financial Statements
ACI: (Quarter 3) As per un-audited financial statements of the Company, Consolidated EPS was Tk. 0.15 for January-March 2024 as against Tk. 0.33 for January-March 2023; Consolidated EPS was Tk. (8.27) for July 2023-March 2024 as against Tk. (1.45) for July 2022-March 2023. Consolidated NOCFPS was Tk. (58.83) for July 2023-March 2024 as against Tk. (72.25) for July 2022-March 2023. Consolidated NAV per share was Tk. 100.36 as on March 31, 2024 and Tk. 113.67 as on June 30, 2023.
2024-04-23: Board Meeting
ACI: The Company has informed that the Board Meeting of the Company will be held on April 29, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
2024-04-22: Cash Dividend Disbursement
ACI: The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
2024-02-14: Cont-Clarification on recent news published in a newspaper
ACI:(Cont) Now the company has commercially launched its world class products under the brand name, ''Sunquick'' for Bangladeshi consumers by inaugurating the commercial operation of the factory on 6 February 2024. JV Company injected foreign investment and created job opportunities for the local people and will serve world quality fruits juice with reasonable price. ''(end)
2024-02-14: Clarification on recent news published in a newspaper
ACI: In response to a CSE query regarding clarification on recent news published in a newspaper regarding ''ACI Inaugurated the Factory of Danish Fruit Juice Brand, SUNQUICK'', the company has informed as follows: ''ACI CO-RO Bangladesh Ltd was incorporated on 05 November 2019 as a joint venture (JV) Company between Advanced Chemical Industries Limited and Danish juice manufacturing company CO-RO A/S. ACI limited has a 49.90% stake in the JV Company. The JV company has completed construction of a modern juice manufacturing facilities at Araihajar in Narayangonj. (Cont)
2024-01-31: Cont-Un-audited HY A/Cs
ACI(cont):the Group achieved a decent revenue growth which was contributed by a number of businesses as demonstrated in Consolidated Operating Segments. During the period, growth in gross profit exceeded the growth in operating expenses which contributed to the improvement of the operating profit. On the other hand, cost of borrowing increased due to the increase of interest rate along with the funding of additional working capital for supporting business growth. Overall, the consolidated EPS was Taka (8.42) during the period against Taka (1.79) of SPLY. NOCFPS during the period was Taka (88.84) against Taka (80.36) as a result of the movement in the working capital level.(end)
2024-01-31: Un-audited HY A/Cs
ACI: (Quarter 2) As per un-audited half yearly accounts of the company, Consolidated EPS was Tk. (6.35) for October-December 2023 as against Tk. 1.96 for October-December 2022; Consolidated EPS was Tk. (8.42) for July-December 2023 as against Tk. (1.79) for July-December 2022. Consolidated NOCFPS was Tk. (88.84) for July-December 2023 as against Tk. (80.36) for July-December 2022. Consolidated NAV per share was Tk. 98.97 as on December 31, 2023 and Tk. 113.67 as on June 30, 2023. Reasons for deviation in EPS and NOCFPS: During the six months period ended on 31 December 2023,(cont)
2024-01-22: Board Meeting
ACI: The Company has informed that the Board Meeting will be held on January 30, 2024 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
2024-01-11: Credit Rating
ACI: Credit Rating Information and Services Ltd. (CRISL) has informed that the Rating Committee of CRISL has assigned the rating of the Company as ''AA-'' in the long term and ''ST-2'' in the short term along with a stable outlook in consideration of its audited financials up to June 30,2023; also unaudited financials up to September 30, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2023-11-27: Board decision to issue Sukuk instruments
ACI: Advanced Chemical Industries Ltd. has informed that the Board of Directors of the company at its Board Meeting held on 26 November 2023 decided to issue Sukuk instruments, of a size of up to BDT 600 crores under a long term fund-raising program via a special purpose vehicle to be formed by ACI Limited, ACI Formulations Limited, ACI Biotech Limited, ACI Chemicals Limited, ACI Edible Oils Limited, ACI Foods Limited, ACI HealthCare Limited, ACI Logistics Limited, ACI Pure Flour Limited and ACI Salt Limited subject to receiving approval from the Bangladesh Securities and Exchange Commission (BSEC).
2023-11-15: Record Date tomorrow (16.11.2023)
ACI: Trading of the shares of ACI Limited will remain suspended on its record date i.e., 16.11.2023. Trading of the shares of the Company will resume on 19.11.2023.
2023-11-14: Board decision to form and incorporate a joint venture
ACI: Advanced Chemical Industries Ltd. has informed that the Board of Directors of the Company has approved an arrangement to form and incorporate a joint-venture company with United Biscuits Topco Limited (trading under the "pladis" name), a Company incorporated under the laws of England and which manufactures biscuits with a global presence. This said joint venture is proposed under the name and style, "pladis ACI Bangladesh Limited", wherein the Company will invest about BDT 500 million over the period of next two (2) years against its 49% shareholding in the proposed company. Approval of this arrangement with "pladis" is subject to the usual condition precedents and other regulatory approvals.
2023-11-14: Un-audited Financial Statements
ACI: (Quarter 1) As per the un-audited financial statements of the Company, Consolidated EPS was Tk. (2.07) for July-September 2023 as against Tk. (3.75) for July-September 2022; Consolidated NOCFPS was Tk. (34.28) for July-September 2023 as against Tk. (81.38) for July-September 2022. Consolidated NAV per share was Tk. 111.09 as on September 30, 2023 and Tk. 113.67 as on June 30, 2023.
2023-11-13: Spot trade from tomorrow (14.11.2023)
ACI: Trading of the shares of ACI Limited will be allowed only in the Spot Market from 14.11.2023 to 15.11.2023 as the record date of the Company is on 16.11.2023.
2023-11-08: Board Meeting
ACI: Advanced Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on November 13, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
2023-10-29: CB Free
ACI: Please note that there will be no price limit today 29.10.2023 on the trading of the shares of the company following its corporate declaration. However, the floor price shall be applicable accordingly.
2023-10-29: Cont-Recommendation of Dividend
ACI(cont):Despite a remarkable revenue growth during the year, Consolidated EPS of the Company experienced a decline which is primarily attributable to rising costs driven by unfavorable currency exchange rates, a significant increase in energy expenses, higher borrowing costs and the overarching challenges posed by the macro-economic environment. On the other hand, Consolidated NOCFPS decreased due to investment in the working capital to support future business growth.(end)
2023-10-29: Recommendation of Dividend
ACI: The Board of Directors has recommended 40% Cash dividend for the year ended June 30, 2023. Date of AGM: 28.12.2023, Time: 11:30 AM, Venue: Digital Platform. Record Date: 16.11.2023. The Company has reported Consolidated EPS of Tk. (6.48), Consolidated NAV per share of Tk. 113.67 and Consolidated NOCFPS of Tk. (24.50) for the year ended June 30, 2023 as against Tk. 4.98, Tk. 135.22 and Tk. 4.04 respectively for the year ended June 30, 2022. Reasons for deviation in EPS and NOCFPS:(cont)
2023-10-19: Board Meeting
ACI: Advanced Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on October 26, 2023 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
2023-07-27: Board approval regarding formation of a new subsidiary company
ACI: ACI Limited has informed that the Board of Directors of the Company has approved the formation of a new subsidiary company under the title of "ACI AVIONICS AND AIRLINES SERVICES LIMITED" having its authorized capital of BDT 50 (Fifty) Crore and a paid up capital of BDT 1 (One) Crore wherein the company shall hold 77% shares at the earliest convenience subject to the approval of concerned authorities.
2023-07-27: Board approval regarding investment in upcoming Digital Bank
ACI: ACI Limited has informed that the Board of Directors of the Company has approved an investment proposal of BDT 10 (Ten) Crore in an upcoming digital bank named and titled 'Kori Digital Plc' subject to the approval from the concerned authorities. The company will secure 5% share i.e. 10,000,000 ordinary shares of TK. 10 each with this investment.
2023-05-02: Cont-Un-audited Financial Statements
ACI: (Quarter 3) (cont) Reasons for significant deviation in EPS and NOCFPS: EPS has been decreased due to increase in costs because of currency devaluation, hike in energy price, high import prices, and increased financing costs. NOCFPS has been decreased due to investment in working capital to facilitate business growth.(end)
2023-05-02: Un-audited Financial Statements
ACI: (Quarter 3) As per un-audited financial statements of ACI Limited, Consolidated EPS was Tk. 0.33 for January-March 2023 as against Tk. 0.42 for January-March 2022; Consolidated EPS was Tk. (1.45) for July 2022-March 2023 as against Tk. 5.67 for July 2021-March 2022. Consolidated NOCFPS was Tk. (72.25) for July 2022-March 2023 as against Tk. (20.27) for July 2021-March 2022. Consolidated NAV per share was Tk. 129.67 as on March 31, 2023 and Tk. 135.22 as on June 30, 2022. (cont)
2023-04-24: Board Meeting
ACI: Advanced Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on April 30, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
2023-04-13: Cont-Approved the signing a joint-venture agreement
ACI: (cont) This joint venture is proposed under the name & style, Colgate-Palmolive ACI Bangladesh Pvt. Limited, wherein Advanced Chemical Industries Limited will invest approx. BDT 500 mn over a period of next 3 years against its 24% holding in the proposed company. The said agreement with Colgate is subject to the usual condition precedents and other regulatory formalities.(end)
2023-04-13: Approved the signing a joint-venture agreement
ACI: Advanced Chemical Industries Ltd. has informed that the Board of Directors of the Company has approved the signing a joint-venture agreement to incorporate and establish a joint-venture company with Colgate-Palmolive (Asia) Pte. Limited (''Colgate''), a Company incorporated under the laws of Singapore and part of the renowned Colgate Palmolive company, engaged amongst others, in Oral care and Personal care. (cont)
2023-03-29: Buy Confirmation
ACI: ACI Foundation, one of the Sponsor Directors of ACI Limited, has further reported that it has completed its buy of 1,35,000 shares of the company at prevailing market price through Stock Exchange as per declaration disseminated on 15.03.2023.
2023-03-15: Buy Intention
ACI: ACI Foundation, one of the Sponsor Directors of ACI Limited, has reported its intention to buy 1,35,000 shares of the company at prevailing market price (1,04,000 shares in the Block Market and 31,000 shares in the Public Market) through Dhaka Stock Exchange Ltd. within next 30 working days.
2023-02-05: Buy Confirmation
ACI: M. Anis Ud Dowla, one of the Directors of ACI Limited, has further reported that he has completed his buy of 1,00,000 shares of the Company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 29.01.2023.
2023-01-31: Cont.-Un-audited HY A/Cs
ACI (cont.): Reasons for deviation in EPS and NOCFPS: Consolidated EPS has decreased due to increase in costs because of currency devaluation, hike in energy price, high import prices and increased financing costs which adversely affected overall profitability of the Group. Consolidated NOCFPS decreased mainly due to investment in working capital to facilitate business growth in the coming months. (end).
2023-01-31: Un-audited HY A/Cs
ACI: As per un-audited HY A/Cs of ACI Ltd., Consolidated EPS was Tk. 1.96 for October-December 2022 as against Tk. 2.00 for October-December 2021; Consolidated EPS was Tk. (1.79) for July-December 2022 as against Tk. 5.25 for July-December 2021. Consolidated NOCFPS was Tk. (80.36) for July-December 2022 as against Tk. 5.34 for July-December 2021. Consolidated NAV per share was Tk. 128.29 as on December 31, 2022 and Tk. 135.22 as on June 30, 2022 (cont.)
2023-01-30: Cash Dividend Disbursement
ACI: ACI Limited has informed that it has disbursed the cash dividend for the year ended June 30, 2022 to the respective shareholders.
2023-01-29: Buy Intention
ACI: M. Anis Ud Dowla, one of the Directors of ACI Limited, has reported his intention to buy 1,00,000 shares (33,193 shares in the Block Market and 66,807 shares in the Public Market) of the Company at prevailing market price through Dhaka Stock Exchange within next 30 working days as per Rule-4 of the BSEC (Substantial Acquisition of Shares and Takeovers), Rules, 2018.
2023-01-25: Board Meeting
ACI: Advanced Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on January 30, 2023 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2022.
2023-01-11: Credit Rating
ACI: Credit Rating Information and Services Ltd. (CRISL) has informed that the Rating Committee of CRISL has assigned the rating of Advanced Chemical Industries Limited as ''AA-'' in the long term and ''ST-2'' in the short term along with a stable outlook in consideration of its audited financials up to June 30,2022; also unaudited financials up to September 30, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2023-01-05: Bonus Shares Credited
ACI: ACI Limited has informed that the Bonus Shares of the Company for the year ended on June 30, 2022 have already been credited through CDBL to the respective shareholders' BO Accounts.
2022-11-27: Cont2-TCP offered to buy out the entire shareholding of Tetley ACI (BD) Ltd.
ACI(cont2): In addition, ACI will be entitled to receive variable consideration of up to a maximum of BDT. 33,820,000.00 only, depending in part on performance under the said Sales & Distribution and Factory Lease agreements. ACI and TCP, together with TCP's parent company Tata Consumer Products UK Group Limited, intend to finalise and sign the Settlement Agreement shortly, and to complete the transfer of shares and entry into the transitional services agreements as soon as possible thereafter.(end)
2022-11-27: Cont1-TCP offered to buy out the entire shareholding of Tetley ACI (BD) Ltd.
ACI(cont1): TCP and ACI have reached an amicable agreement, subject to finalising a draft Settlement Agreement and signing the same, in relation to such offer, and the Board of Directors of ACI has approved a draft of such Settlement Agreement in connection with such share sale and the termination of the said JV agreement, and related short term Factory Lease and Sales & Distribution agreements for ACI to provide transitional services to the Company. Under the Settlement Agreement, ACI will sell its entire shareholding at a consideration of BDT 106,177,500.00 only.(cont2)
2022-11-27: TCP offered to buy out the entire shareholding of Tetley ACI (BD) Ltd.
ACI: ACI Ltd. has informed that in relation to a Joint Venture Agreement dated 23 September 2002 between Advanced Chemical Industries Limited ("ACI") and Tata Consumer Products Overseas Holdings Limited ("TCP", being an English company that is part of the Tata Consumer Products Group headquartered in Mumbai, India), TCP offered to buy out the entire shareholding of ACI i.e., 50%, in the issued share capital of Tetley ACI (Bangladesh) Limited ("the Company") i.e. 3,250,000 fully paid-up ordinary shares only, for their long-term business plan.(cont1)
2022-11-16: Buy Confirmation
ACI: Mr. M. Anis Ud Dowla, one of the Directors of Advanced Chemical Industries Ltd., has further reported that he has completed his buy of 3,50,000 shares of the Company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 08.11.2022.
2022-11-16: Record Date tomorrow (17.11.2022)
ACI: Trading of the shares of Advanced Chemical Industries Ltd. will remain suspended on its record date i.e., 17.11.2022. Trading of the shares of the Company will resume on 20.11.2022.
2022-11-14: Spot trade from tomorrow (15.11.2022)
ACI: Trading of the shares of Advanced Chemical Industries Ltd. will be allowed only in the Spot Market from 15.11.2022 to 16.11.2022 as the record date of the Company is on 17.11.2022.
2022-11-14: Cont-Un-audited Financial Statements
ACI: (Quarter 1) (cont) However, the substantial increase in costs due to macroeconomic factors, including significant increase of import costs caused by devaluation of local currency against US Dollar, led to the decline in consolidated profit compared to the same period of last year. The consequential results of decreased consolidated profit ultimately led to decrease in consolidated EPS. On the other hand, NOCFPS decreased mainly due to investment in working capital to facilitate business growth in coming months.(end)
2022-11-14: Un-audited Financial Statements
ACI: (Quarter 1) As per un-audited financial statements of Advanced Chemical Industries Ltd., Consolidated EPS was Tk. (3.94) for July-September 2022 as against Tk. 3.42 for July-September 2021; Consolidated NOCFPS was Tk. (85.45) for July-September 2022 as against Tk. (15.81) for July-September 2021. Consolidated NAV per share was Tk. 137.60 as on September 30, 2022 and Tk. 141.98 as on June 30, 2022. Reasons for significant deviation: The company also informed that during the three months, the group achieved a significant revenue growth which was mainly contributed by the sales growth in some of the business segments. (cont)
2022-11-08: Buy Intention
ACI: Mr. M. Anis Ud Dowla, one of the Directors of Advanced Chemical Industries Ltd., has reported his intention to buy 3,50,000 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange within next 30 working days as per Rule-4 of the BSEC (Substantial Acquisition of Shares and Takeovers), Rules, 2018.
2022-11-07: Board Meeting
ACI: Advanced Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on November 13, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
2022-10-30: Cont-Update of Information
ACI(cont): The Company has further requested the concerned Brokerage/DPs to provide the details (shareholder's name, BO ID, e-mail address, shareholding position, gross dividend receivable, applicable tax rate and net divided receivable) of their Margin Loan Holders who hold Company's share on the Record Date to share office or email to monir@aci-bd.com along with DPs Bank details (account name, account number, routing No., etc.), latest by December 15, 2022.(end)
2022-10-30: Update of Information
ACI: ACI Ltd. has requested the Shareholders to update their Bank Account details of the BO Account including routing number to get the Dividend, email address and to provide their 12 digit e-TIN Number through their respective Depository Participant (DP) before the Record Date, i.e., November 17, 2022. The Shareholders bearing folio numbers are also requested to update their mailing & email address and submit their 12 digit e-TIN certificate to Company's Share Office before the Record Date.(cont)
2022-10-27: CB free
ACI: Please note that there will be no price limit today 27.10.2022 on the trading of the shares of the company following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
2022-10-27: Cont-Recommendation of Dividend
ACI(cont):i. Dividend has been recommended out of accumulated profit; ii. Dividend has not been recommended from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the company or through reducing paid up capital or through doing anything so that the post-dividend retained earnings become negative or a debit balance; iii. Bonus shares have been recommended for utilizing the retained earnings of the company as Capital for ongoing operations, i.e. working capital.(end)
2022-10-27: Recommendation of Dividend
ACI: The Board of Directors has recommended 50% Cash dividend and 5% Stock Dividend for the year ended June 30, 2022. Date of AGM: 26.12.2022, Time: 11:30 AM, Venue: Digital Platform. Record Date: 17.11.2022. The Company has reported Consolidated EPS of Tk. 5.23, Consolidated NAV per share of Tk. 141.98 and Consolidated NOCFPS of Tk. 4.24 for the year ended June 30, 2022 as against Tk. 4.78, Tk. 141.43 and Tk. (25.96) respectively for the same period of the previous year. The company has informed the following information for declaring the Stock Dividend:(cont)
2022-10-17: Board Meeting
ACI: Advanced Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on October 26, 2022 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
2022-08-17: Share Transmission of Deceased Director among his successors
ACI: Referring to the BSEC letter No. SEC/SRMIC/94-36/287 dated June 30, 2022, Advanced Chemical Industries Ltd. has informed that Mrs. Najma Dowla, one of the Directors of the company passed away on 28.07.2021. Her total holding 20,06,645 shares will be transmitted among his successors according to the Succession Certificate issued by the Honorable Court.
2022-07-14: Cont-Arrangement for Demerger and Merger subject to proper authorities' approval
ACI:(cont) under the provision of Section 228 & 229 of the Companies Act 1994 subject to the consent of Shareholders and Creditors of the respective companies and approval from the Honorable High Court Division of Supreme Court of Bangladesh to create distinct brand identity for ACI Premio Plastics Limited for the consumer and to connect the backward linkage operation of Premiaflex Plastics Limited to the Company.(end)
2022-07-14: Arrangement for Demerger and Merger subject to proper authorities' approval
ACI: Advanced Chemical Industries Ltd. has informed that the Board of Directors of the Company has approved the draft Scheme of Arrangement for Demerger and Merger (''Scheme'') providing for the demerger of plastics business undertaking from Premiaflex Plastics Limited (PPL) into ACI Premio Plastics Limited (a subsidiary of PPL) and subject to fulfilment of merger of the remaining business undertaking including packaging business of PPL with Advanced Chemical Industries Limited (cont)
2022-07-14: Termination of Joint Venture Agreement for future expansion of the company
ACI: Advanced Chemical Industries Ltd. has informed that the Board of Directors of the Company has approved the Termination of Joint Venture Agreement dated 5 July 2003 with Dabur International Limited formerly known as Redrock Limited whereby Advanced Chemical Industries Limited will sell its entire shareholding i.e. 24% in the share capital of Asian Consumer Care Limited i.e. 8,480,187 fully paid up ordinary shares of Tk 10 (Ten) each at a consideration of BDT 600,000,000.00 (six hundred million) only, for alignment of the future expansion of the Company (Advanced Chemical Industries Limited).
2022-05-05: Cont-Un-audited Financial Statements
ACI(cont): The company also informed that the Group achieved a significant revenue growth which was mainly contributed by the sales growth in some of the business segments. The higher growth in consolidated revenue compared to the growth in expenses contributed to the increase in consolidated profit compared to the same period of last year. The consequential results of increase consolidated revenue and profit ultimately contributed to improve consolidated EPS and NOCFPS.(end)
2022-05-05: Un-audited Financial Statements
ACI: (Quarter 3) As per un-audited financial statements of ACI Limited, Consolidated EPS was Tk. 0.44 for January-March 2022 as against Tk. 0.30 for January-March 2021; Consolidated EPS was Tk. 5.95 for July 2021-March 2022 as against Tk. 3.07 for July 2020-March 2021. Consolidated NOCFPS was Tk. (21.28) for July 2021-March 2022 as against Tk. (52.85) for July 2021-March 2022. Consolidated NAV per share was Tk. 140.61 as on March 31, 2022 and Tk. 141.43 as on June 30, 2021.(cont)
2022-05-05: Approval of the U.S. Food & Drug Administration
ACI: ACI Limited has informed that ACI Healthcare Limited, one of the subsidiaries of ACI Limited obtained the U.S. Food & Drug Administration (FDA) approval for its Healthcare establishment at Tripordi, Sonargaon, Narayanganj for the manufacturing of Gabapentin capsules which will be exported to US market. It is to be mentioned that the Healthcare site is primarily dedicated for export. This will positively impact pharmaceutical export.
2022-04-20: Board Meeting
ACI: Advanced Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on April 28, 2022 at 3:45 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
2022-01-31: Un-audited HY A/Cs
ACI: (Quarter 2) As per un-audited half yearly accounts of ACI Ltd., Consolidated EPS was Tk. 2.10 for October-December 2021 as against Tk. 1.44 for October-December 2020; Consolidated EPS was Tk. 5.51 for July-December 2021 as against Tk. 2.77 for July-December 2020. Consolidated NOCFPS was Tk. 5.61 for July-December 2021 as against Tk. (26.54) for July-December 2020. Consolidated NAV per share was Tk. 140.64 as on December 31, 2021 and Tk. 141.43 as on June 30, 2021. The company has also informed that consolidated EPS and NOCFPS improved due to sales growth in some of the business segments. The higher growth in consolidated revenue compared to the growth in expenses contributed to the increase in consolidated profit compared to the SPLY.
2022-01-24: Board Meeting
ACI: The Company has informed that a meeting of the Board of Directors will be held on January 30, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
2022-01-23: Cash Dividend Disbursement
ACI: ACI Limited has informed that the cash dividend with average sales proceeds of fractional share for the year ended on June 30, 2021 has been transferred through online under BEFTN system to the shareholders' having BOID and BEFTN compatible bank account with routing number on 19 January and 20 January 2022. The shareholders bearing folio number and BO holders with non-compatible BEFTN accounts are requested to collect their Dividend Warrants from Share Office at 9 Motijheel C/A, Dhaka- 1000, from 20 and 24 January 2022 during 10:00 AM to 4:00 PM. The remaining Dividend Warrants will be distributed through courier service to the registered mailing address of the respective Shareholders.
2022-01-16: Credit Rating
ACI: Credit Rating Information and Services Ltd. (CRISL) has informed that the Rating Committee of CRISL has assigned the rating of Advanced Chemical Industries Limited as ''AA-'' in the long term and ''ST-2'' in the short term along with a stable outlook in consideration of its audited financials up to June 30,2021; also unaudited financials up to September 30, 2021 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2022-01-02: Bonus Shares Credited
ACI: Advanced Chemical Industries Ltd. has informed that the Bonus Shares of the Company for the year ended on June 30, 2021 have already been credited through CDBL to the respective shareholders' BO Accounts.
2021-11-17: Record Date tomorrow (18.11.2021)
ACI: Trading of the shares of Advanced Chemical Industries Ltd. will remain suspended on its record date i.e., 18.11.2021. Trading of the shares of the Company will resume on 21.11.2021.
2021-11-15: Spot trade from tomorrow (16.11.2021)
ACI: Trading of the shares of Advanced Chemical Industries Ltd. will be allowed only in the Spot Market from 16.11.2021 to 17.11.2021 as the record date of the Company is on 18.11.2021.
2021-11-14: Cont-Un-audited Financial Statements
ACI: (Quarter 1) (Cont) The higher growth in consolidated revenue compared to the growth in operating expenses and reduction in finance cost contributed to the increase in consolidated profit compared to the SPLY. The consequential results of increased consolidated revenue and profit ultimately contributed to improve consolidated EPS and NOCFPS.(end)
2021-11-14: Un-audited Financial Statements
ACI: (Quarter 1) As per un-audited financial statements of ACI Limited, Consolidated EPS was Tk. 3.93 for July-September 2021 as against Tk. 1.54 for July-September 2020; Consolidated NOCFPS was Tk. (18.18) for July-September 2021 as against Tk. (27.43) for July-September 2020. Consolidated NAV per share was Tk. 166.17 as on September 30, 2021 and Tk. 162.65 as on June 30, 2021. Reasons for significant deviations: The Group achieved a decent revenue growth during the three months' period ended on 30 September 2021 which was mainly contributed by the growth in sales some of the business segments as demonstrated in Annexure-A: Consolidated operating segments. (Cont)
2021-11-07: Board Meeting
ACI: Advanced Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on November 11, 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.
2021-10-31: CB free
ACI: Please note that there will be no price limit today 31.10.2021 on the trading of the shares of the Company following its corporate declaration.
2021-10-31: Cont-Recommendation of Dividend
ACI(cont):a. Dividend has been recommended out of accumulated profit. b. Dividend has not been recommended from Capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the comp. or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance. c. Bonus shares has been recommended for utilizing the retained earnings of the company for ongoing operations i.e., working capital.(end)
2021-10-31: Recommendation of Dividend
ACI: The Board of Directors has recommended 65% Cash dividend and 15% Stock Dividend for the year ended on June 30, 2021. Date of AGM: December 26, 2021, Time: 11:30 AM, Venue: Digital Platform. Record Date: November 18, 2021. The Company has reported Consolidated EPS of Tk. 5.50, Consolidated NAV per share of Tk. 162.65 and Consolidated NOCFPS of Tk. (29.86) for the year ended on June 30, 2021 as against Tk. (16.78) Tk. 125.16 and Tk. 75.26 respectively for the same period of the previous year.(cont)
2021-10-19: Board Meeting
ACI: Advanced Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on October 28, 2021 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
2021-06-14: Cont-Approval of foreign investment
ACI: (Cont) This second tranche of foreign direct investment by CDC and Norfund (through Bangladesh Managed Account C.V.) in the ACI Motors Ltd. displays the continued trust and confidence of the foreign investors in the ACI name. The proceeds of the investment will be used for business growth as well as for expansion of existing manufacturing facilities of ACI Motors Ltd. This new investment will dilute Company's shareholding in the ACI Motors Limited from 52.70% to 46.80%.(end)
2021-06-14: Approval of foreign investment
ACI: ACI Limited, has informed that the Board of Directors of the Company has approved the foreign investment of BDT. 839,999,700.00 only for a total number of 1,555,555 Convertible Non-cumulative Preference Shares of BDT 100.00 each at a premium of BDT 440.00 per share in the share capital of ACI Motors Limited (one of the Subsidiary of the Company) and approved the draft Amended and Restated Shareholders' Agreement and Second Tranche Share Subscription Agreement for execution. The said shares will be issued to Bangladesh Managed Account C.V., a limited partnership where FMO (NETHERLANDSE FINANCIERINGS-MAATSCHAPPIJ VOOR ONTWIKKELINGSLANDEN N.V.), CDC (Commonwealth Development Corporation) and Norfund are the primary investors. (Cont)
2021-05-25: Cont-Un-audited Financial Statements
ACI(cont):Due to the growth in consolidated revenue along with decline in certain operating expenses and reduction in finance cost, consolidated profit has demonstrated a positive move compared to the SPLY. Share of the profit of equity accounted investees also contributed to the consolidated profit. The consequential results of positive consolidated profit ultimately contributed to improve consolidated EPS. NOCFPS reduced due to investing in working capital to facilitate revenue growth in coming months.(end)
2021-05-25: Un-audited Financial Statements
ACI: (Quarter 3) As per un-audited financial statements of ACI Limited, Consolidated EPS was Tk. 0.35 for January-March 2021 as against Tk. (4.81) for January-March 2020; Consolidated EPS was Tk. 3.54 for July 2020-March 2021 as against Tk. (15.90) for July 2019-March 2020. Consolidated NOCFPS was Tk. (60.78) for July 2020-March 2021 as against Tk. (7.23) for July 2019-March 2020. Consolidated NAV per share was Tk. 125.40 as on March 31, 2021 and Tk. 125.16 as on June 30, 2020. The Group achieved a decent revenue growth during the nine-month period ended on 31 March 2021 which was mainly contributed by growing sales in Consume Brands, Premiaflex, Retain Chain, Foods and Animal Health segments.(cont)
2021-05-17: Board Meeting
ACI: Advanced Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on May 24, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
2021-01-31: Cont-Un-audited HY A/Cs
ACI(cont):The company has informed that the group has achieved a decent revenue growth during the period. The growth in revenue and gross profit in the consolidated results during the first six months of FY 2020-21 exceeded the growth in operating expenses. As a result of lower operating expenses and lower finance cost, consolidated profit has demonstrated a positive move compared to the SPLY.(end)
2021-01-31: Un-audited HY A/Cs
ACI: (Quarter 2) As per un-audited half yearly accounts of ACI Ltd., Consolidated EPS was Tk. 1.65 for October-December 2020 as against Tk. (6.35) for October-December 2019; Consolidated EPS was Tk. 3.19 for July-December 2020 as against Tk. (11.09) for July-December 2019. Consolidated NOCFPS was Tk. (30.53) for July-December 2020 as against Tk. (21.94) for July-December 2019. Consolidated NAV per share was Tk. 125.03 as on December 31, 2020 and Tk. 125.16 as on June 30, 2020.(cont)
2021-01-24: Board Meeting
ACI: Advanced Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on January 28, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.
2021-01-20: Cash Dividend Disbursement
ACI: ACI Limited has informed that the cash dividend including sales proceeds of fractional bonus share for the year ended on June 30, 2020 to the respective shareholders' Bank Accounts through BEFTN system. The shareholders bearing folio number and BO holders with non-compatible BEFTN accounts are requested to collect their Dividend Warrants from Share Office at 9 Motijheel C/A, Dhaka- 1000, from 19 and 21 January 2021 during 10:00 AM to 4:00 PM. The remaining Dividend Warrants will be distributed through courier service to the registered mailing address of the respective Shareholders.
2020-12-30: Bonus Shares Credited
ACI: ACI Limited has informed that the Bonus Shares of the Company for the year ended on June 30, 2020 have already been credited through CDBL to the respective shareholders' BO Accounts.
2020-12-24: Credit Rating
ACI: Credit Rating Information and Services Limited (CRISL) has rated Advanced Chemical Industries Ltd. as "AA-" in the long term and "ST-2" in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2020; unaudited financials up to September 30, 2020 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2020-11-30: Record Date tomorrow (01.12.2020)
ACI: Trading of the shares of Advanced Chemical Industries Ltd. will remain suspended on its record date i.e., 01.12.2020. Trading of the shares of the Company will resume on 02.12.2020.
2020-11-26: Spot trade from 29.11.2020
ACI: Trading of the shares of Advanced Chemical Industries Ltd. will be allowed only in the Spot Market from 29.11.2020 to 30.11.2020 as the record date of the Company is on 01.12.2020.
2020-11-10: Un-audited Financial Statements
ACI: (Quarter 1) As per un-audited financial statements of ACI Limited, Consolidated EPS was Tk. 1.69 for July-September 2020 as against Tk. (5.21) for July-September 2019; Consolidated NOCFPS was Tk. (30.17) for July-September 2020 as against Tk. (7.24) for July-September 2019. Consolidated NAV per share was Tk. 139.84 as on September 30, 2020 and Tk. 137.67 as on June 30, 2020. The company has stated that the consolidated Net Operating Cash Flows (NOCF) for the 1st Quarter was negative BDT 1,731 million with a negative margin of 9.5% compared to negative 2.6% of SQLY mainly due to high consumption of working capital for inventory build-up to cater the further demand.
2020-11-10: CB free
ACI: Please note that there will be no price limit today 10.11.2020 on the trading of the shares of the Company following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.
2020-11-10: Cont-Recommendation of Dividend
ACI: (Cont) Disclosures with regards to Recommendation of Dividend: (i) Dividend has been recommended out of accumulated profit; (ii) Dividend has not been recommended from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post-dividend retained earnings become negative or a debit balance; (iii) Bonus Shares has been recommended for utilizing the retained earnings of the company as Capital for ongoing operations, i.e. working capital.(end)
2020-11-10: Recommendation of Dividend
ACI: The Board of Directors has recommended 80% cash and 10% stock dividend for the year ended on June 30, 2020. Date of AGM: 24.12.2020, Time: 11:30 AM, Venue: Digital Platform. Record Date: 01.12.2020. The Company has reported Consolidated EPS of Tk. (18.45), Consolidated NAV per share of Tk. 137.67 and Consolidated NOCFPS of Tk. 82.79 for the year ended on June 30, 2020 as against Tk. (13.51), Tk. 166.95 and Tk. (25.67) respectively for the same period of the previous year.(Cont)
2020-11-01: Board Meeting
ACI: Advanced Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on November 09, 2020 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, 2020.
2020-11-01: Board Meeting
ACI: Advanced Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on November 09, 2020 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2020.
2020-08-16: Cont-Foreign investment in ACI Motors Limited
ACI:(Cont) a limited company incorporated under the Laws of the Netherlands and SDI Pte. Limited, a company established under the laws of Singapore. The proceeds will be used for business growth and expansion of existing manufacturing facilities of ACI Motors. This arrangement will reduce the Company's shareholding in ACI Motors Limited from 65.00% to 52.70%.(end)
2020-08-16: Foreign investment in ACI Motors Limited
ACI: ACI Limited has informed that the Board of Directors has approved a foreign investment of Tk. 1,260,000,360.00 (One Billion Two Hundred Sixty Million Three Hundred and sixty only) for 2,333,334 Convertible Non-cumulative Preference Shares of Tk. 100.00 each at a premium of Tk. 440.00 in the share capital of ACI Motors Limited, one of its Subsidiaries and approved the draft Shareholders' Agreement and Share Subscription Agreement for execution. The said shares will be issued to Bangladesh Managed Account C.V, a limited partnership of FMO (NETHERLANDSE FINANCIERINGS-MAATSCHAPPIJ VOOR ONTWIKKELINGSLANDEN N.V.),(Cont)
2020-06-10: Cont-Un-audited Financial Statements
ACI(cont): The Company also informed that their business group has shown a decent revenue growth during the period. Despite having the growth in the Revenue and Gross Profit, the consolidated results up to 3rd quarter has demonstrated a loss compared to the SPLY mostly because of the increased Operating Expenses and Financing Cost. The consequential results of negative consolidated profit ultimately affected consolidated EPS and NAV per share. On the other hand, NOCFPS improved due to better cash collection during the period.(end)
2020-06-10: Un-audited Financial Statements
ACI: (Quarter 3) As per un-audited financial statements of ACI Limited, Consolidated EPS was Tk. (5.29) for January-March 2020 as against Tk. (5.55) for January-March 2019; Consolidated EPS was Tk. (17.49) for July 2019-March 2020 as against Tk. (5.50) for July 2018-March 2019. Consolidated NOCFPS was Tk. (7.95) for July 2019-March 2020 as against Tk. (54.20) for July 2018-March 2019. Consolidated NAV per share was Tk. 138.87 as on March 31, 2020 and Tk. 166.98 as on June 30, 2019.(cont)
2020-06-03: Board Meeting
ACI: Advanced Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on June 09, 2020 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2020.
2020-01-30: Un-audited HY A/Cs
ACI: (Quarter 2) As per un-audited half yearly accounts of ACI Ltd., Consolidated EPS was Tk. (6.98) for October-December 2019 as against Tk. (0.80) for October-December 2018; Consolidated EPS was Tk. (12.20) for July-December 2019 as against Tk. 0.05 for July-December 2018. Consolidated NOCFPS was Tk. (24.13) for July-December 2019 as against Tk. (20.18) for July-December 2018. Consolidated NAV per share was Tk. 144.76 as on December 31, 2019 and Tk. 166.98 as on June 30, 2019. It is to be noted that EPS was decreased due to increase of operating expenses and financial cost.
2020-01-26: Board Meeting
ACI: ACI Limited has informed that the Board Meeting of the Company will be held on January 29, 2020 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2019.
2020-01-20: Dividend Disbursement
ACI: ACI Limited has informed that the cash dividend including sales proceeds of fractional bonus share has been transferred through BEFTN system. The shareholders bearing folio number and BO holders with non-compatible BEFTN accounts are requested to collect their Dividend Warrants from Share Office at 9 Motijheel C/A, Dhaka- 1000, from 19 and 20 January 2020 during 10:00 AM to 4:00 PM. The remaining Dividend Warrants will be distributed through courier service to the registered mailing address of the respective Shareholders.
2019-12-29: Bonus Shares Credited
ACI: Advanced Chemical Industries Ltd. has informed that the Bonus Shares of the Company for the year ended on June 30, 2019 have already been credited through CDBL to the respective shareholders' BO Accounts.
2019-12-26: Credit Rating
ACI: Credit Rating Information and Services Limited (CRISL) has informed that the Rating Committee of CRISL has assigned the rating to Advanced Chemical Industries Ltd. as ''AA-'' in the long term and ''ST-2'' in the short term along with a developing outlook in consideration of its audited financials up to June 30, 2019; unaudited financials up to September 30, 2019 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2019-12-04: Ex-benefit Price Adjustments
ACI: Please note that the price of the shares of ACI is adjusted today following its ex-benefits date to the extent of its corporate benefits; hence the price limit on the scrip will remain as it is today. Therefore, adjusted price of ACI =Tk.239.00.
2019-12-02: Record Date tomorrow (03.12.2019)
ACI: Trading of the shares of Advanced Chemical Industries Ltd. will remain suspended on its record date i.e., 03.12.2019. Trading of the shares of the Company will resume on 04.12.2019.
2019-11-28: Spot trade from 01.12.2019
ACI: Trading of the shares of Advanced Chemical Industries Ltd. will be allowed only in the Spot Market from 01.12.2019 to 02.12.2019 as the record date of the Company is on 03.12.2019.
2019-11-14: BSEC's Time Extension
ACI: BSEC has granted time extension to Advanced Chemical Industries Ltd. up to November 30, 2019 for submission of audited financial statements for the year ended on June 30, 2019.
2019-11-12: Un-audited Financial Statements
ACI: (Quarter 1) As per un-audited financial statements of ACI Limited, Consolidated EPS was Tk. (5.99) for July-September 2019 as against Tk. 0.97 for July-September 2018; Consolidated NOCFPS was Tk. (8.33) for July-September 2019 as against Tk. (0.29) for July-September 2018. Consolidated NAV per share was Tk. 186.85 as on September 30, 2019 and Tk. 192.02 as on June 30, 2019.
2019-11-12: CB free
ACI: Please note that there will be no price limit today 12 November 2019 on the trading of shares of the Company following its corporate disclosure.
2019-11-12: Cont-Recommendation of Dividend
ACI(cont):The Company has also informed that a) Bonus shares has been recommended for utilizing the retained earnings of the Company as capital for ongoing operations i.e. working capital. b) bonus shares have been recommended out of accumulated profit. c) Bonus shares has been recommended from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post-dividend retained earnings become negative or a debit balance.(end)
2019-11-12: Recommendation of Dividend
ACI: The Board of Directors has recommended 100% cash and 15% stock dividend for the year ended on June 30, 2019. Date of AGM: 23.12.2019, Time: 11:00 AM, Venue: Officers Club, 26 Baily Road, Dhaka. Record Date: 03.12.2019. The Company has also reported Consolidated EPS of Tk. (14.87), Consolidated NAV per share of Tk. 196.59 and Consolidated NOCFPS of Tk. (37.90) for the year ended on June 30, 2019 as against Tk. 10.36, Tk. 222.09 and Tk. (53.96) respectively for the same period of the previous year.(cont)
2019-11-07: Conference on unaudited quarterly financial statements
ACI: Advanced Chemical Industries Ltd. has informed that a conference on the financial statements of the Company for the 1st quarter period ended on September 30, 2019 for all its stakeholders is scheduled to be held on November 11, 2019 at 3:40 PM at the Conference Hall at ACI Centre, 245 Tejgaon Industrial Area, Dhaka-1208.
2019-11-04: Board Meeting
ACI: Advanced Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on November 11, 2019 at 2:35 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2019.
2019-11-04: Board Meeting
ACI: Advanced Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on November 11, 2019 at 2:35 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2019.
2019-09-29: Setting up a new subsidiary Company
ACI: ACI Limited has informed that the Board of Directors of the Company has decided to set up a new Subsidiary Company in the name of ACl Marine and Riverine Technologies Limited having its authorized capital of Tk. 50.00 Crore and a paid up capital of Tk. 10.00 Crore wherein Advanced Chemical Industries Limited shall hold 77% shares at the earliest convenience subject to the approval of concern authority.
2019-07-31: Joint-Venture Arrangement with CO-RO A/S
ACI: ACI Limited has informed that the Board of Directors has approved a Joint-Venture Arrangement to form and establish a joint-venture company with CO-RO A/S, a renowned Danish juice manufacturing company having its operation in 80 countries and market leader in several Asian countries, under the name and style, ACI CO-RO BANGLADESH LTD., wherein the Company will invest Tk. 499.00 mn over a period of next 2 years against its 49.9% holding in the company.
2019-01-29: Continue-Un-audited HY A/Cs
ACI(Continuation H/Y A/Cs ): It is to be noted that the major reasons for the de-growth of the Consolidated PAT considering it as the significant deviation from the same period of the previous year are as follows: Currency devaluation, Interest rate increase, Decrease in share of profit from JVs and associates, Purchase rate variance due to international price hike and High-income tax expenses.(end)
2019-01-29: Un-audited HY A/Cs
ACI: (Quarter 2) As per un-audited half yearly accounts of ACI Ltd., Consolidated EPS was Tk. (0.78) for October-December, 2018 as against Tk. 5.44 for October-December, 2017; Consolidated EPS was Tk. 0.44 for July-December, 2018 as against Tk. 7.72 for July-December, 2017. Consolidated NOCFPS was Tk. (24.56) for July-December, 2018 as against Tk. (50.18) for July-December, 2017. Consolidated NAV per share was Tk. 212.73 as on December 31, 2018 and Tk. 222.09 as on June 30, 2018.(cont)
2019-01-22: Board Meeting
ACI: ACI Limited has informed that the Board Meeting of the Company will be held on January 28, 2019 at 3:45 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2018.
2019-01-09: Dividend Disbursement
ACI: ACI Limited has informed that the cash dividend including sales proceeds of fractional bonus share has been transferred through BEFTN system. The shareholders bearing folio number and BO holders with non-compatible BEFTN accounts are requested to collect the Dividend Warrants from Share Office at 9 Motijheel C/A, Dhaka- 1000, from 9 and 10 January 2019 during 10:00 AM to 4:00 PM. The remaining Dividend Warrants will be distributed through courier service to the registered mailing address of the respective Shareholders.
2018-12-27: Credit Rating
ACI: Credit Rating Information and Services Limited (CRISL) has informed that the Rating Committee of CRISL has assigned the rating to ACI Limited as "AA-" in the long term and "ST-2" in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2018; unaudited financials up to September 30, 2018 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2018-12-18: Bonus Shares Credited
ACI: ACI Limited has informed that the Bonus Shares of the Company for the year ended on June 30, 2018 have already been credited through CDBL to the respective shareholders' BO Accounts on December 17, 2018.
2018-11-18: Ex-benefit Price Adjustments
ACI: Please note that the price of the shares of ACIis adjusted today following its ex-benefits date to the extent of its corporate benefits; hence the price limit on the scrip will remain as it is today. Therefore, adjusted price of ACI =Tk 341.50.
2018-11-14: Record Date tomorrow (15.11.2018)
ACI: Trading of the shares of ACI Limited will remain suspended on its record date i.e., 15.11.2018. Trading of the shares of the Company will resume on 18.11.2018.
2018-11-12: Spot trade from tomorrow (13.11.2018)
ACI: Trading of the shares of ACI Limited will be allowed only in the Spot Market from 13.11.2018 to 14.11.2018 as the record date of the Company is on 15.11.2018.
2018-11-12: Cont-Un-audited Financial Statements
ACI(cont): It is to be noted that the major reasons for the de-growth of the profit of the Group considering it as the significant deviation from the same quarter (Q1) of the previous year are as follows: Currency devaluation, Interest rate increase, Decrease in share of profit from JVs and associates, Purchase rate variance due to international price hike and High-income tax expenses.(end)
2018-11-12: Un-audited Financial Statements
ACI: (Quarter 1) As per un-audited financial statements of ACI Limited, Consolidated EPS was Tk. 1.26 for July-September 2018 as against Tk. 2.36 for July-September 2017; Consolidated NOCFPS was Tk. (2.67) for July-September 2018 as against Tk. (9.87) for July-September 2017. Consolidated NAV per share was Tk. 232.80 as on September 30, 2018 and Tk.229.86 as on June 30, 2018.(cont)
2018-11-12: Board Approval to sell Floor Space
ACI: ACI Limited has informed that the Board of Directors has approved the proposal of sale of 7,461.61 sft. Floor Space at 6th Floor of "Police Plaza Concord", Gulshan, Dhaka with a total consideration of Tk. 15.00 crore at the rate of Tk. 20,103.00 per sft.
2018-11-06: Board Meeting
ACI: ACI Limited has informed that the Board Meeting of the Company will be held on November 11, 2018 at 3:45 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2018.
2018-10-28: Cont-Updating information
ACI(cont):The Company has also requested the concerned Brokerage/DPs to provide the details (shareholder's name, BO ID, shareholding position, gross dividend receivable, applicable tax rate, net dividend receivable) of their margin loan holders who hold share of the company as on record date along with DPs Bank details (account name, account number, routing no etc.) to their share office at 9 Motijheel, Dhaka or email to monir@aci-bd.com latest by 27 November 2018.(end)
2018-10-28: Updating information
ACI: ACI Ltd. has requested the shareholders to update their bank account details of the BO Account including routing number to get the dividend online, email address to receive Annual Report online and provide their 12 digits e-TIN number to avail the Income Tax deduction @10% instead of 15% through their respective Depository Participant (DP) before the record date and the Shareholders bearing folio numbers are requested to update their mailing & email address and submit their 12 digit e-TIN certificate to the Company's share office at 9 Motijheel, Dhaka before the record date.(cont)
2018-10-28: CB free
ACI: Please note that there will be no price limit today 28 October 2018 on the trading of shares of ACI Ltd. following its corporate disclosure.
2018-10-28: Cont-Recommendation of Dividend
ACI(cont): AGM will be held on 12 December 2018 at 11:00 AM at Officers Club, 26 Baily Road, Dhaka. Record Date is on 15 November 2018.The Company has also reported Consolidated EPS of Tk. 10.73, Consolidated NAV per share of Tk. 229.86 and Consolidated NOCFPS of Tk. (55.84) for the year ended on June 30, 2018 as against Tk. 22.10, Tk. 219.36 and Tk. (59.65) respectively for the same period of the previous year.(end)
2018-10-28: Recommendation of Dividend
ACI: ACI Ltd. has recommended 115% cash and 3.5% stock dividend for the year ended on June 30, 2018. The Board of Directors of the Company approved a cost of 90.25million plus registration cost in connection with the purchase of 138 acres of land at Dhamor, Phonchogorh for its future expansion. The Board has also decided to increase the Authorized Capital of the Company from Tk. 50.00 crore to Tk. 150.00 crore subject to the approval of the shareholders at the ensuing AGM and the regulators, as well.(cont)
2018-10-18: Board Meeting
ACI: ACI Limited has informed that the Board Meeting of the Company will be held on October 25, 2018 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
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