08:52:25 (BST) 08:52:25 (BST)
CSE news on FARCHEM
2025-06-03: Credit Rating
FARCHEM: (revised) Emerging Credit Rating Ltd. (ECRL) has further informed that it has assigned the rating (Initial) to the Company as ''BBB'' in the long term and ''ST-3'' in the short term along with a stable outlook based on audited financial statements up to June 30, 2024, unaudited quarterly financial statement up to March 31, 2025 and other relevant quantitative as well as qualitative information up to the date of rating.
2025-05-28: Credit Rating
FARCHEM: Emerging Credit Rating Ltd. (ECRL) has assigned the rating (Initial) to the Company as ''BBB'' in the long term and ''ST-3'' in the short term along with a stable outlook based on audited financial statements up to December 31, 2024 and other relevant quantitative as well as qualitative information up to the date of rating.
2025-05-04: Un-audited Financial Statements
FARCHEM: (Quarter 3) As per the Un-audited Financial Statements of the company, Consolidated EPS was Tk. 0.08 for January-March 2025 as against Tk. 0.06 for January-March 2024; Consolidated EPS was Tk. 0.40 for July 2024-March 2025 as against Tk. 0.26 for July 2023-March 2024. Consolidated NOCFPS was Tk. (1.58) for July 2024-March 2025 as against Tk. 0.10 for July 2023-March 2024. Consolidated NAV per share was Tk. 32.83 as on March 31, 2025 and Tk. 32.53 as on June 30, 2024.
2025-04-27: Board Meeting
FARCHEM: The Company has informed that the Board Meeting will be held on April 30, 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.
2025-02-02: Un-audited HY A/Cs
FARCHEM: (Quarter 2) As per un-audited half yearly accounts of the company, EPS was Tk. 0.16 for October-December 2024 as against Tk. 0.13 for October-December 2023; EPS was Tk. 0.32 for July-December 2024 as against Tk. 0.20 for July-December 2023. NOCFPS was Tk. (1.81) for July-December 2024 as against Tk. (1.15) for July-December 2023. NAV per share was Tk. 32.75 as on December 31, 2024 and Tk. 32.53 as on June 30, 2024.
2025-01-26: Board Meeting
FARCHEM: 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.
2025-01-23: Category Change
FARCHEM: The Company has been placed in 'B' category from existing 'Z' category with effect from January 23, 2025 as the Company has reported disbursement of 1% Cash Dividend for the year ended June 30, 2024. As per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated 26 December 2021; the stockbrokers & merchant bankers are requested not to provide loan facilities to their clients against trading of the shares of FARCHEM up to 7 trading days from January 23, 2025.
2025-01-23: Cash Dividend Disbursement
FARCHEM: The Company has informed that, it has disbursed the cash dividend for the year ended June 30, 2024 to the respective shareholders.
2024-11-17: Un-audited Financial Statements
FARCHEM: (Quarter 1) As per un-audited financial statements of the Company, EPS was Tk. 0.16 for July-September 2024 as against Tk. 0.07 (Re-stated) for July-September 2023; NOCFPS was Tk. (2.39) for July-September 2024 as against Tk. (2.27) for July-September 2023. NAV per share was Tk. 32.69 as on September 30, 2024 and Tk. 32.53 as on June 30, 2024.
2024-11-12: Record Date tomorrow (13.11.2024)
FARCHEM: Trading of the shares of the Company will remain suspended on its record date i.e., 13.11.2024. Trading of the shares of the Company will resume on 14.11.2024.
2024-11-11: Emphasis of Matter
FARCHEM: The auditor of the company has given the ''Emphasis of Matter'' paragraphs in the Auditor's Report of the company for the year ended June 30, 2024. To view the details please visit: https://www.cse.com.bd/upload_media/FARCHEM_2024.pdf
2024-11-11: Board Meeting
FARCHEM: 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.
2024-11-07: Spot trade from 10.11.2024
FARCHEM: Trading of the shares of the Company will be allowed only in the Spot Market from 10.11.2024 to 12.11.2024 as the record date of the Company is on 13.11.2024.
2024-10-27: CB Free
FARCHEM: Please note that there will be no price limit today 27.10.2024 on the trading of the shares of the company following its corporate declaration.
2024-10-27: Recommendation of Dividend
FARCHEM: The Board of Directors has recommended 1% Cash dividend for the year ended June 30, 2024. Date of AGM: 24.11.2024, Time: 11:30 AM, Venue: Hybrid System, Physical Presence at Anando Polli, Borpa, Rupgonj, Narayangonj and Virtual : https://farchemicalbd.bdvertualagm.com. Record Date: 13.11.2024. The Company has also reported EPS of Tk. 0.20, NAV per share of Tk. 32.53 and NOCFPS of Tk. 0.18 for the year ended June 30, 2024 as against Tk. (0.57), Tk. 13.18 and Tk. (1.33) respectively for the year ended June 30, 2023.
2024-10-20: Board Meeting
FARCHEM: The Company has informed that the Board Meeting will be held on October 24, 2024 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2024.
2024-09-26: Category Change
FARCHEM: The Company has been placed in 'Z' category from existing 'B' category with effect from September 26, 2024 as per provision 1(a) of BSEC Directive No. BSEC/CMRRCD/2009-193/77, dated May 20, 2024. The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Far Chemical Industries Limited with effect from September 26, 2024 as per BSEC Directive No. BSEC/CMRRCD/2009-193/32 dated December 26, 2021.
2024-05-26: Credit Rating
FARCHEM: Emerging Credit Rating Ltd. (ECRL) has assigned the rating (Initial) to the Company as ''B-'' in the long term and ''ST-5'' in the short term along with a stable outlook based on audited financial statements up to June 30, 2023, and other relevant quantitative as well as qualitative information up to the date of rating.
2024-05-02: Un-audited Financial Statement
FARCHEM: (Quarter 3) As per un-audited financial statements of the Company, Consolidated EPS was Tk. 0.06 for January-March 2024 as against Tk. (0.43) (restated) for January-March 2023; Consolidated EPS was Tk. 0.26 for July 2023-March 2024 as against Tk. (0.54) (restated) for July 2022-March 2023. Consolidated NOCFPS was Tk. 0.10 for July 2023-March 2024 as against Tk. (1.37) for July 2022-March 2023. Consolidated NAV per share was Tk. 32.59 as on March 31, 2024 and Tk. 13.18 as on June 30, 2023.
2024-04-24: Board Meeting
FARCHEM: The Company has informed that the Board Meeting of the Company will be held on April 30, 2024 at 04:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
2024-03-03: Emphasis of Matter
FARCHEM: The auditor of the company has given the ''Emphasis of Matter'' paragraphs in the Auditor's Report of the company (Solo and Consolidated) for the period ended October 31, 2023. To view the details, please visit: https://www.cse.com.bd/upload_media/FARChemicalSolo.pdf (for solo) and https://www.cse.com.bd/upload_media/FARChemical.pdf (for consolidated).
2024-01-31: Un-audited HY A/Cs
FARCHEM: (Quarter 2) As per un-audited half yearly accounts of the company, EPS was Tk. 0.13 for October-December 2023 as against Tk. (0.15) for October-December 2022; EPS was Tk. 0.20 for July-December 2023 as against Tk. (0.10) for July-December 2022. NOCFPS was Tk. (1.15) for July-December 2023 as against Tk. (1.47) for July-December 2022. NAV per share was Tk. 32.54 as on December 31, 2023 and Tk. 13.18 as on June 30, 2023.
2024-01-24: Board Meeting
FARCHEM: The Company has informed that the Board Meeting of the Company 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.
2023-11-15: Un-audited Financial Statement
FARCHEM: (Quarter 1) As per the un-audited financial statements of the Company, EPS was Tk. 0.02 for July-September 2023 as against Tk. (0.06) for July-September 2022; NOCFPS was Tk. (0.68) for July-September 2023 as against Tk. (0.90) for July-September 2022. NAV per share was Tk. 11.00 as on September 30, 2023 and Tk. 10.98 as on June 30, 2023.
2023-11-12: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on November 14, 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.
2023-11-09: Record Date on 12.11.2023
FARCHEM: Trading of the shares of FAR Chemical Industries Ltd. will remain suspended on its record date i.e., 12.11.2023. Trading of the shares of the Company will resume on 13.11.2023.
2023-11-09: Emphasis of Matter
FARCHEM: The auditor of the company has given the "Emphasis of Matters" paragraphs in the Auditor's Report of the company for the year ended June 30, 2023. To view the details, please visit: https://www.cse.com.bd/upload_media/empFAR_Chemical_Industries_Limited30_June_2023.pdf
2023-11-07: Spot trade from tomorrow (08.11.2023)
FARCHEM: Trading of the shares of FAR Chemical Industries Ltd. will be allowed only in the Spot Market from 08.11.2023 to 09.11.2023 as the record date of the Company is on 12.11.2023.
2023-11-01: Cont-3 Board decision regarding amalgamation
FARCHEM: (cont-3) Resolution No. 04). Both the companies director were unanimously decided to form a new Board of Directors for the amalgamated company and elect its Chairman and Managing Director as stated below: 1) Mr. Abid Mustafizur Rahman (Chairman) and 2) Mr. Akik Habibuzzaman (Managing Director). Resolution No. 05). After a threadbare discussion directors decided unanimously that amalgamation activities shall be completed under the supervision of amalgamated company's new board of directors.(end)
2023-11-01: Cont-2 Board decision regarding amalgamation
FARCHEM: (Cont-2) Resolution No. 02). Both the companies' director decided unanimously to allot Ordinary Share Capital of Tk. 803,995,250 divided into 80,399,525 ordinary shares of Tk. 10 (Ten) each to the shareholders of Transferor Company (S.F. Textile Industries Ltd) from the amalgamated company (Transferee Company-FAR Chemical & Textile Ind. PLC). Resolution No. 03). Both the companies' director decided unanimously to amalgamate the financial statements of the Transferor Company (S.F. Textile Industries Ltd) and the Transferee Company (FAR Chemical & Textile Ind. PLC) as on 31 October 2023. (cont-3)
2023-11-01: Cont-1 Board decision regarding amalgamation
FARCHEM:(Cont-1) Resolution No. 01). Both the companies director were unanimously decided to amalgamate the Authorized Share Capital that would be Tk. 5,010,000,000/- (Taka Five Hundred and One Crore) only divided into 501,000,000 (Fifty Crore and Ten Lac) Ordinary Shares of Tk. 10/-(Ten) each, encompassing Pre-merger by FAR Chemical & Textile Ind. PLC: 300,000,000 (Thirty Crore) Ordinary Shares of Tk. 10/(Ten) each and S.F. Textile Industries Ltd: 201,000,000 (Twenty Crore and Ten Lac) Ordinary Shares of Tk. 10/-(Ten) each. Further resolved that; necessary alteration to be made in this regard by the Transferee Company (FAR Chemical & Textile Ind. PLC) in its Memorandum of Association and Articles of Association. (Cont-2)
2023-11-01: Board decision regarding amalgamation
FARCHEM: Refer to their earlier news disseminated by CSE on 05.10.2023 regarding amalgamation of S.F. Textile Industries Limited with the company, the company has further informed that a meeting of the Board of Directors of FAR Chemical & Textile Ind. PLC (Transferee Company) and S.F. Textile Industries Limited (Transferor Company) held on October 31, 2023 on Company Matter No. 83 Of 2022 for amalgamation of S.F. Textile Industries Limited (SFTIL) with FAR Chemical Industries Limited (FARCHEM), as per the Judgment and Order of the Honorable High Court Division of the Supreme Court of Bangladesh, Dated on: 28th November, 2022 in terms of the Scheme of Amalgamation. The company also informed that the following resolutions were passed:(Cont-1)@FARCHEM
2023-11-01: TREC Holder companies to be cautious while trading shares of FARCHEM
FARCHEM: Following the resumption of trading of FARCHEM after amalgamation, the TREC holder companies are hereby requested to be cautious while trading shares of FARCHEM on behalf of their clients and ensure that the clients' shareholding status is in line with the CDBL report.
2023-10-30: Record Date tomorrow (31.10.2023)
FARCHEM: Trading of the shares of FAR Chemical Industries Ltd. will remain suspended on its record date i.e., 31.10.2023 for amalgamation purpose. Trading of the shares of the Company will resume on 01.11.2023.
2023-10-26: Spot trade from 29.10.2023
FARCHEM: Trading of the shares of FAR Chemical Industries Ltd. will be allowed only in the Spot Market from 29.10.2023 to 30.10.2023 as the record date of the Company is on 31.10.2023 for amalgamation purpose.
2023-10-19: CB Free
FARCHEM: Please note that there will be no price limit today 19.10.2023 on the trading of the shares of the company following its corporate declaration. However, the floor price shall be applicable accordingly.
2023-10-19: Recommendation of No Dividend
FARCHEM: The Board of Directors has recommended No Dividend for the year ended June 30, 2023. Date of AGM: 21.12.2023, Time: 12:00 PM, Venue: Digital Platform. Record Date: 12.11.2023. The Company has also reported EPS of Tk. (1.12), NAV per share of Tk. 10.98 and NOCFPS of Tk. (2.52) for the year ended June 30, 2023 as against Tk. (0.39), Tk. 12.10 and Tk. 2.49 respectively for the year ended June 30, 2022.
2023-10-12: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on October 18, 2023 at 4:30 PM to consider, among others, audited financial statements of the company for the year ended June 30, 2023.
2023-10-11: Fixation of record date for entitlement of shares
FARCHEM: Refer to their earlier news disseminated by CSE on 05.10.2023 regarding amalgamation of S.F. Textile Industries Limited with the company, FAR Chemical Industries Ltd. has fixed the record date on October 31, 2023 for entitlement of shares. Date of appointment: October 31, 2023. On date of appointment, the following work will be accomplished: a. Formation of new Board of Directors (From Existing Board of Directors of both companies), b. Amalgamated Accounts (transferor & transferee) as on 31st October, 2023 will be prepared & published.
2023-10-05: Amalgamation of S.F. Textile Industries Limited with the company
FARCHEM: Refer to their earlier news disseminated by CSE on 08.01.2023 regarding final Judgement and Order of the Hon'ble Court regarding Amalgamation, FAR Chemical Industries Ltd. has further informed that Bangladesh Securities and Exchange Commission (Ref: BSEC/LSD/CM-83/2022/993/1414, Dated: October 01, 2023) has given instruction to follow the Judgment and Order of the Honorable High Court Division of the Supreme Court of Bangladesh, dated 28.11.2022 in connection to the company matter No. 83 of 2022 regarding amalgamation of S.F. Textile Industries Limited with FAR Chemical Industries Limited.
2023-05-02: Un-audited Financial Statements
FARCHEM: (Quarter 3) As per the un-audited financial statements of FAR Chemical Industries Ltd., EPS was Tk. (0.31) for January-March 2023 as against Tk. (0.17) for January-March 2022; EPS was Tk. (0.56) for July 2022-March 2023 as against Tk. (0.33) for July 2021-March 2022. NOCFPS was Tk. (2.50) for July 2022-March 2023 as against Tk. 2.57 for July 2021-March 2022. NAV per share was Tk. 11.55 as on March 31, 2023 and Tk. 12.10 as on June 30, 2022.
2023-04-18: Board Meeting
FARCHEM: FAR 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: Credit Rating
FARCHEM: Emerging Credit Rating Limited (ECRL) has affirmed credit rating (surveillance) of Far Chemical Industries Ltd. as ''B-'' in the long term and ''ST-5'' in the short term along with a stable outlook based on audited financial statements up to June 30, 2022, first quarter unaudited financial statement of FY2023 and other relevant quantitative as well as qualitative information up to the date of rating.
2023-01-31: Un-audited HY A/Cs
FARCHEM: As per un-audited HY A/Cs of Far Chemical Industries Ltd., EPS was Tk. (0.18) for October-December 2022 as against Tk. (0.13) for October-December 2021; EPS was Tk. (0.24) for July-December 2022 as against Tk. (0.16) for July-December 2021. NOCFPS was Tk. (2.16) for July-December 2022 as against Tk. 2.56 for July-December 2021. NAV per share was Tk. 11.86 as on December 31, 2022 and Tk. 12.10 as on June 30, 2022.
2023-01-24: Board Meeting
FARCHEM: FAR 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.
2023-01-10: Correction News-Final Judgement & Order of the Court on Amalgamation
FARCHEM (Correction): Refer to their earlier news disseminated by CSE on 08.01.2023 regarding Final Judgement and Order of the Hon'ble Court regarding Amalgamation, existing shares of SFTIL and FARCHEM are in Tk. 1,576,956,300.00 and Tk. 2,180,934,230.00 respectively with total shares in Tk. 3,757,890,530.00 instead of existing shares 1,576,956,300, 2,180,934,230 and 3,757,890,530 respectively. Post-merger shares of SFTIL and FARCHEM are in Tk. 803,995,250.00 and Tk. 726,978,080.00 respectively with total shares in Tk. 1,530,973,330.00 instead of post-merger shares 803,995,250, 726,978,080 and 1,530,973,330 respectively. Other information will remain unchanged.
2023-01-08: Cont5-Final Judgement and Order of the Hon'ble Court regarding Amalgamation
FARCHEM(cont5): FARCHEM new 1 for existing 3. Existing shares of SFTIL and FARCHEM are 1,576,956,300 and 2,180,934,230 respectively with total shares of 3,757,890,530. Post-merger shares of SFTIL and FARCHEM are 803,995,250 and 726,978,080 respectively with total shares of 1,530,973,330. 7. Post-merger Authorized share capital of FAR Chemical Industries Limited will be Tk. 5,010,000,000.00 only encompassing Tk. 3,000,000,000.00 of FAR Chemical Industries Ltd. and Tk. 2,010,000,000 of S.F. Textile Industries Ltd. as per the Judgment and Order. 8. All others will be complied as per the Judgment and Order in terms of the Scheme of Amalgamation.(end)
2023-01-08: Cont4-Final Judgement and Order of the Hon'ble Court regarding Amalgamation
FARCHEM(cont4): 5. The existing Shareholders of the FAR Chemical Industries Limited shall be entitled up to 72,697,808 ordinary shares of Tk. 10.00 each, in against exchange of existing 218,093,423 no. of shares of the FAR Chemical Industries Limited at a share consideration exchange ratio of 1 for 3 shares held i.e., 1 new share of FAR Chemical Industries Limited (post-merger) to be issued for existing 3 shares held in FAR Chemical Industries Limited (pre-merger). 6. Hence, the re-structured Paid-up Capital Structure will be as following- SFTIL new 1 for existing 1.9616 and (cont5)
2023-01-08: Cont3-Final Judgement and Order of the Hon'ble Court regarding Amalgamation
FARCHEM(cont3): shall issue and allot to the Shareholders of S.F. Textile Industries Limited whose names are recorded in the register of members of the S.F. Textile Industries Limited or to any other person as may be nominated by the Shareholders(s) up to 80,399,525 ordinary shares of Tk. 10.00 each in against exchange of 157,695,630 shares of the S.F. Textile Industries Limited's total fully paid up equity capital at a share consideration exchange ratio of 1 for 1.9614 shares held i.e., 1 new share of FAR Chemical Industries Limited (post-merger) to be issued for existing 1.9614 shares held in S.F. Textile Industries Limited.(cont4)
2023-01-08: Cont2-Final Judgement and Order of the Hon'ble Court regarding Amalgamation
FARCHEM(cont2): liabilities shall be transferred to and vested in FAR Chemical Industries Limited (the Transferee Company). 2. All existing equity shares of the S.F. Textile Industries Limited (SFTIL) and FAR Chemical Industries Limited (FARCHEM) held either directly or through nominees shall be stand cancelled. 3. In the amalgamation, the exchange ratio for the shares of FAR Chemical Industries Limited with the shares of S.F. Textile Industries Limited, as per the terms of the Scheme and the Court Order has been arrived at 3:1.9614 for paid up capital. 4. FAR Chemical Industries Limited, the post-merger entity, (cont3)
2023-01-08: Cont1-Final Judgement and Order of the Hon'ble Court regarding Amalgamation
FARCHEM(cont1): Refer to their earlier news disseminated by CSE on 12.05.2022 regarding Approval of Scheme of merger/amalgamation in EGM, FAR Chemical Industries Limited has further informed that the Honorable High Court Division of the Supreme Court of Bangladesh has given Final Judgement and Order vide Company Matter No. 83 of 2022 for amalgamation of S.F. Textile Industries Limited (SFTIL) with FAR Chemical Industries Limited (FARCHEM) according to the terms of the Scheme of Amalgamation. According to scheme of Merger/Amalgamation,(cont2)
2023-01-08: Final Judgement and Order of the Hon'ble Court regarding Amalgamation
FARCHEM: Refer to their earlier news disseminated by CSE on 12.05.2022 regarding Approval of Scheme of merger/amalgamation in EGM, FAR Chemical Industries Limited has further informed that the Honorable High Court Division of the Supreme Court of Bangladesh has given Final Judgement and Order vide Company Matter No. 83 of 2022 for amalgamation of S.F. Textile Industries Limited (SFTIL) with FAR Chemical Industries Limited (FARCHEM) according to the terms of the Scheme of Amalgamation. According to scheme of Merger/Amalgamation,(cont1)
2023-01-08: Address Change of Registered Office
FARCHEM: FAR Chemical Industries Limited has informed that the Registered Office of the Company has been shifted to its new address at Village: Mir Kutir Chao, Post Office: Mura Para, PS: Rupgonj, District: Narayangonj.
2022-11-24: Cont2-Emphasis of Matter
FARCHEM(cont2):On the other hand, the company has completed construction work of spinning unit in its own premises at Rupgonj Narayangonj and has started its trial production on October 17, 2022. 3. We also draw attention to Note # 13.00 of the financial statements that the Company incurred a loss BDT 24.41 crore, adjusted with Retained Earnings, on disposal of fixed assets while transferred from Cumilla EPZ to Rupganj, Narayanganj and during handover the leasehold lands to EPZ authority."(end)
2022-11-24: Cont1-Emphasis of Matter
FARCHEM(cont1):equipment and machineries from Cumilla EPZ to newly constructed factory at Rupgonj, Narayagonj. The company, as of the date of signing the report, could not restart the chemical factory at the new location, is now non-functioning of the transferred items, will require additional machineries to run further. Hence the Company management is considering the viability of the chemical project. These events or conditions, however indicate that a material uncertainty exists in running the chemical factory.(cont2)
2022-11-24: Emphasis of Matter
FARCHEM: The auditor of the Far Chemical Industries Limited has given the "Emphasis of matter" paragraphs in the Auditor's Report for the year ended 30 June, 2022. "Emphasis of matter: 1. We draw attention to Note # 3.20 of the financial statements that Amalgamation/merger of S.F. Textile Industries Ltd. with FAR Chemical Industries Ltd. has been decided. The application for amalgamation process has been admitted by the High Court Division of the Supreme Court of Bangladesh. Shareholders and the Creditors of the Company has accepted the decision of amalgamation/merger following EGMs and Creditors Meetings. 2. We draw attention to Note # 3.19 of the financial statements that the Company has shifted its chemical factory's plant, (cont1)
2022-11-16: Record Date tomorrow (17.11.2022)
FARCHEM: Trading of the shares of FAR Chemical Industries Ltd. will remain suspended on its record date i.e., 17.11.2022 for AGM & EGM. Trading of the shares of the Company will resume on 20.11.2022.
2022-11-15: Un-audited Financial Statement
FARCHEM: (Quarter 1) As per the un-audited financial statements of FAR Chemical Industries Ltd., EPS was Tk. (0.06) for July-September 2022 as against Tk. (0.03) for July-September 2021; NOCFPS was Tk. (0.90) for July-September 2022 as against Tk. 0.33 for July-September 2021. NAV per share was Tk. 12.04 as on September 30, 2022 and Tk. 12.10 as on June 30, 2022.
2022-11-14: Spot trade from tomorrow (15.11.2022)
FARCHEM: Trading of the shares of FAR 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.
2022-11-08: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on November 14, 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: CB free
FARCHEM: Please note that there will be no price limit today 30.10.2022 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.
2022-10-30: Cont-Recommendation of No Dividend & holding EGM
FARCHEM: (cont) The Company has also reported EPS of Tk. (0.39), NAV per share of Tk. 12.10 and NOCFPS of Tk. 2.49 for the year ended June 30, 2022 as against Tk. (0.16), Tk. 13.71 and Tk. 2.31 respectively for the same period of the previous year.(end)
2022-10-30: Recommendation of No Dividend & holding EGM
FARCHEM: The Board of Directors has recommended No dividend for expansion of Spinning unit and Retained Earnings balance for the year ended June 30, 2022.The Board of Directors has also decided to hold an EGM to change the name of the Company from FAR Chemical Industries Limited to FAR Chemical & Spinning Ind. Ltd or other name as approved by the Registrar of Joint Stock Companies and Firms (RJSC) subject to approval by shareholders. Date of AGM & EGM: 21.12.2022, Time: 12:00 PM & 1.00 PM respectively, Venue: Jam Jam Hotel & Resort Hall, Shankerpur, Cumilla. Record date for AGM & EGM: 17.11.2022. (cont)
2022-10-19: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on October 27, 2022 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
2022-10-18: Start of production of Spinning Unit
FARCHEM: FAR Chemical Industries Ltd. has informed that production of Spinning Unit of the Company has started on 17.10.2022 following an inaugural ceremony. Particulars of the unit of the Company are as follows: Name of Unit: Far Chemical Industries Limited- Spinning Unit; Location: Mirkutir Chao, Murapara, Rupgonj, Narayangonj; Production Capacity: 18 ton yarn per day; Production Status: Trial production has started today and commercial production will be started by next month; Project Cost: BDT 300.00 Crore (Approx.); Estimated Turnover of the Project: $66,600 (Approx) per day or $23,310,000 (Approx) per year; Estimated Net Profit of the project : Yearly 15% (Approx) of Annual Turnover.
2022-05-12: Approval of Scheme of merger/amalgamation in EGM
FARCHEM: Refer to their earlier news disseminated by CSE on 23.03.2022 regarding EGM Notice, FAR Chemical Industries Ltd. has further informed that the shareholders have approved the Scheme of Merger/Amalgamation of S.F. Textile Industries Limited with FAR Chemical Industries Limited in the EGM and subject to compliance with the condition as provided in the Scheme and sanction of the Scheme by the Honorable High Court Division of the Supreme Court of Bangladesh in accordance with the provision of Section 228 and 229 of the Companies Act, 1994.
2022-05-05: Un-audited Financial Statements
FARCHEM: (Quarter 3) As per the un-audited financial statements of FAR Chemical Industries Ltd., EPS was Tk. (0.17) for January-March 2022 as against Tk. (0.02) for January-March 2021; EPS was Tk. (0.33) for July 2021-March 2022 as against Tk. (0.04) for July 2020-March 2021. NOCFPS was Tk. 2.57 for July 2021-March 2022 as against Tk. 0.87 for July 2020-March 2021. NAV per share was Tk. 13.28 as on March 31, 2022 and Tk. 13.71 as on June 30, 2021.
2022-04-25: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on April 30, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
2022-04-11: Record Date tomorrow (12.04.2022)
FARCHEM: Trading of the shares of FAR Chemical Industries Ltd. will remain suspended on its record date i.e., 12.04.2022 for EGM. Trading of the shares of the Company will resume on 13.04.2022.
2022-04-07: Spot trade from 10.04.2022
FARCHEM: Trading of the shares of FAR Chemical Industries Ltd. will be allowed only in the Spot Market from 10.04.2022 to 11.04.2022 as the record date of the Company is on 12.04.2022 for EGM.
2022-03-23: EGM Notice
FARCHEM: Refer to their earlier news disseminated by CSE on 29.12.2021 regarding approval of the draft scheme of amalgamation, FAR Chemical Industries Ltd. has further informed that the Board of Directors has decided to hold an EGM for merger /amalgamation of S.F. Textile Industries Limited with Far Chemical Industries Limited which was filed before the Honorable High Court Division of the Supreme Court of Bangladesh. Upon preliminary hearing, the Honorable High Court Division of the Supreme Court of Bangladesh is pleased to admit the said petition. Date of EGM: 11.05.2022, Time: 11:30 AM, Venue: Jam Jam Hotel & Resort Hall, Shankerpur, Cumilla. Record Date for EGM: 12.04.2022. The creditors meeting will be held on 11.05.2022 at 1:00 PM.
2022-02-01: Cash Dividend Disbursement
FARCHEM: FAR Chemical Industries Ltd. has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.
2022-01-25: Un-audited HY A/Cs
FARCHEM: (Quarter 2) As per un-audited half yearly accounts of Far Chemical Industries Limited, EPS was Tk. (0.13) for October-December 2021 as against Tk. (0.02) for October-December 2020; EPS was Tk. (0.16) for July-December 2021 as against Tk. (0.03) for July-December 2020. NOCFPS was Tk. 2.56 for July-December 2021 as against Tk. 0.31 for July-December 2020. NAV per share was Tk. 13.55 as on December 31, 2021 and Tk. 13.71 as on June 30, 2021.
2022-01-19: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on January 24, 2022 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, 2021.
2021-12-29: Board approval of the draft scheme of amalgamation
FARCHEM: Refer to their earlier news disseminated by CSE on 01.11.2021 regarding Proposal for merger with S.F. Textile Industries Limited and Shifting /Disposal of Chemical Factory, FAR Chemical Industries Ltd. has further informed that the Board has approved the draft scheme of amalgamation which is subject to approval of the Shareholders, the Honorable High Court Division of the Supreme Court of Bangladesh and other concerned authorities.
2021-12-21: Category Change
FARCHEM: Please note that FAR Chemical Industries Ltd. will be placed in ''B'' category from existing ''A'' category with effect from 22 December 2021 as the Company has approved 1% cash dividend for the year ended on June 30, 2021. As per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015; the stock brokers & merchant bankers are requested not to provide loan facilities to their clients against trading of the shares of FARCHEM up to 30 trading days from 22 December 2021.
2021-11-24: Record Date tomorrow (25.11.2021)
FARCHEM: Trading of the shares of FAR Chemical Industries Ltd. will remain suspended on its record date i.e., 25.11.2021. Trading of the shares of the Company will resume on 28.11.2021.
2021-11-22: Spot trade from tomorrow (23.11.2021)
FARCHEM: Trading of the shares of FAR Chemical Industries Ltd. will be allowed only in the Spot Market from 23.11.2021 to 24.11.2021 as the record date of the Company is on 25.11.2021.
2021-11-15: Un-audited Financial Statement
FARCHEM: (Quarter 1) As per the un-audited financial statements of FAR Chemical Industries Ltd., EPS was Tk. (0.03) for July-September, 2021 as against Tk. (0.01) for July-September, 2020. NOCFPS was Tk. 0.33 for July-September, 2021 as against Tk. 0.17 for July-September, 2020. NAV per share was Tk. 13.68 as on September 30, 2021 and Tk. 13.71 as on June 30, 2021.
2021-11-09: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company 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.
2021-11-01: Cont-2 Proposal for merger with S.F . Textile Industries Limited and Shifting /Disposal of Chemical Factory
FARCHEM:(Cont-2) 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 22 December 2020 and respective concerned authorities with cease the operation of factory of Cumilla EPZ.(end)
2021-11-01: Cont-1 Proposal for merger with S.F . Textile Industries Limited and Shifting /Disposal of Chemical Factory
FARCHEM:(cont-1) 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. 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-2)
2021-11-01: Proposal for merger with S.F . Textile Industries Limited and Shifting /Disposal of Chemical Factory
FARCHEM: FAR Chemical Industries Ltd. Has further informed that the Board of Directors of the company 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 Divis ion of the Supreme Court of Bangladesh and other Regulatory authorities as required. 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.(cont-1)
2021-10-31: CB free
FARCHEM: 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: Recommendation of Dividend
FARCHEM: 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.
2021-10-21: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company 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.
2021-08-03: Undertaken of civil construction work and LC opening
FARCHEM: FAR Chemical Industries Ltd. 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.
2021-06-10: Un-audited Financial Statements
FARCHEM: (Quarter 3) As per the un-audited financial statements of FAR Chemical Industries Ltd., 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.
2021-06-07: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on June 9, 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.
2021-02-03: Cash Dividend Disbursement
FARCHEM: FAR Chemical Industries Ltd. has informed that it has disbursed the cash dividend for the year ended on June 30, 2020 to the respective shareholders.
2021-01-31: Un-audited HY A/Cs
FARCHEM: (Quarter 2) As per un-audited half yearly accounts of Far Chemical Industries Limited, EPS was Tk. (0.02) for October-December 2020 as against Tk. 0.18 for October-December 2019; EPS was Tk. (0.03) for July-December 2020 as against Tk. 0.36 for July-December 2019. NOCFPS was Tk. 0.31 for July-December 2020 as against Tk. 0.08 for July-December 2019. NAV per share was Tk. 13.94 as on December 31, 2020 and Tk. 13.96 as on June 30, 2020.
2021-01-25: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on January 30, 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.
2020-11-18: Record Date tomorrow (19.11.2020)
FARCHEM: Trading of the shares of FAR Chemical Industries Ltd. will remain suspended on its record date i.e., 19.11.2020. Trading of the shares of the Company will resume on 22.11.2020.
2020-11-18: Cont-Auditor's Opinion
FARCHEM(cont):In the context of the application of IFRS 16, right-of-use assets and lease liabilities were recognized by the company onward on 1 July 2019 in accordance with the modified approach and without applying retrospective impact. In addition, the Company has decided not to apply the new guidance to leases whose term will end within twelve months of the date of initial application and leases of low-valued assets. In calculating the present value of lease payments, the company uses incremental borrowing rate 9% because the interest rate implicit in the lease is not readily determinable. Our opinion is not modified in this respect."(end)
2020-11-18: Auditor's Opinion
FARCHEM: The auditor of the Far Chemical Industries Limited has given the following "Emphasis of Matter" in the audit report of the Company for the year ended on 30 June 2020. "Emphasis of Matter: We draw attention to Note # 3.07 in the financial statements that the company has renewable lease arrangement with Bangladesh Export Processing Zone Authority (BEPZA) for industrial plot # 135-136 in Cumilla EPZ. Since inception to the last year, the lease has classified as operating lease as per IAS-17 Leases.(cont)
2020-11-16: Spot trade from tomorrow (17.11.2020)
FARCHEM: Trading of the shares of FAR Chemical Industries Ltd. will be allowed only in the Spot Market from 17.11.2020 to 18.11.2020 as the record date of the Company is on 19.11.2020.
2020-11-16: Cont-Updating information
FARCHEM: (Cont) also requested the concerned Brokerage Houses/DPs to provide detail lists of their margin accountholders to the Company's Share Office Address: House - 11, (Floor: 5-A), Road - 12, Block- F, Niketon, Gulshan, Dhaka on or before December 14, 2020. The list should include Shareholders name, BO ID number, client wise shareholding position, applicable tax rate along with Brokerage House/DPs Bank Account Number, Bank & Branch Name, Routing Number, Contact Person etc.(end)
2020-11-16: Updating information
FARCHEM: FAR Chemical Industries Ltd. has requested the shareholders to update their 12 digits e-Tin Numbers, Bank Account Number, Bank and Branch Name, Routing Number, Address, email address, Mobile Number in the BO Account through their respective Brokerage Houses/DPs before the record date. If anyone fails to update their e-TIN before the Record Date, disbursement of respective dividend will be subject to deduction of AIT @ 15% instead of 10% as per Income Tax Law and (Cont)
2020-11-15: Un-audited financial statements
FARCHEM: (Quarter 1) As per the un-audited financial statements of FAR Chemical Industries Ltd., EPS was Tk. (0.01) for July-September, 2020 as against Tk. 0.18 for July-September, 2019. NOCFPS was Tk. 0.17 for July-September, 2020 as against Tk. 0.02 for July-September, 2019. NAV per share was Tk. 13.95 as on September 30, 2020 and Tk. 13.96 as on June 30, 2020.
2020-11-09: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on November 14, 2020 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.
2020-10-29: CB free
FARCHEM: Please note that there will be no price limit today 29.10.2020 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.
2020-10-29: Recommendation of Dividend
FARCHEM: The Board of Directors has recommended 1% cash dividend for the year ended on June 30, 2020. Date of AGM: 22.12.2020, Time: 12:30 PM, Venue: Jam Jam Hotel & Resort Hall, Shankerpur, Cumilla. Record Date: 19.11.2020. The Company has also reported EPS of Tk. 0.33 NAV per share of Tk. 13.96 and NOCFPS of Tk. 0.51 for the year ended on June 30, 2020 as against Tk. 0.96, Tk. 15.00 and Tk. 1.28 respectively for the same period of the previous year.
2020-10-20: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on October 28, 2020 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2020.
2020-06-30: Un-audited Financial Statements
FARCHEM: (Quarter 3) As per the un-audited financial statements of FAR Chemical Industries Ltd., EPS was Tk. 0.12 for January-March 2020 as against Tk. 0.27 for January-March 2019; EPS was Tk. 0.48 for July 2019-March 2020 as against Tk. 0.89 for July 2018-March 2019. NOCFPS was Tk. 0.05 for July 2019-March 2020 as against Tk. 1.21 for July 2018-March 2019. NAV per share was Tk. 14.11 as on March 31, 2020 and Tk. 15.00 as on June 30, 2019.
2020-06-24: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on June 29, 2020 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2020.
2020-02-02: Un-audited HY A/Cs
FARCHEM: (Quarter 2) As per un-audited half yearly accounts of Far Chemical Industries Limited, EPS was Tk. 0.18 for October-December 2019 as against Tk. 0.29 for October-December 2018; EPS was Tk. 0.36 for July-December 2019 as against Tk. 0.62 for July-December 2018. NOCFPS was Tk. 0.08 for July-December 2019 as against Tk. 0.85 for July-December 2018. NAV per share was Tk. 13.99 as on December 31, 2019 and Tk. 15.00 as on June 30, 2019.
2020-01-26: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on January 30, 2020 at 3:30 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: Bonus Share Credited
FARCHEM: FAR 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.
2019-11-21: Ex-benefit Price Adjustments
FARCHEM: Please note that the price of the shares of FARCHEM 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 FARCHEM =Tk 7.60.
2019-11-19: Record Date tomorrow (20.11.2019)
FARCHEM: Trading of the shares of FAR Chemical Industries Ltd. will remain suspended on its record date i.e., 20.11.2019. Trading of the shares of the Company will resume on 21.11.2019.
2019-11-17: Spot trade from tomorrow (18.11.2019)
FARCHEM: Trading of the shares of FAR Chemical Industries Ltd. will be allowed only in the Spot Market from 18.11.2019 to 19.11.2019 as the record date of the Company is on 20.11.2019.
2019-11-17: Un-audited Financial Statements
FARCHEM: (Quarter 1) As per the un-audited financial statements of FAR Chemical Industries Ltd., EPS was Tk. 0.20 for July-September, 2019 as against Tk. 0.35 for July-September, 2018; NOCFPS was Tk. 0.02 for July-September, 2019 as against Tk. 0.56 for July-September, 2018. NAV per share was Tk. 15.19 as on September 30, 2019 and Tk. 15.00 as on June 30, 2019.
2019-11-11: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on November 14, 2019 at 3.00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2019.
2019-10-29: CB free
FARCHEM: Please note that there will be no price limit today 29 October 2019 on the trading of shares of the Company following its corporate disclosure.
2019-10-29: Cont-Recommendation of Dividend
FARCHEM: (cont) The Company also informed that a) Stock Dividend has been recommended in view to utilize its retained amount as Capital for business expansion & working Capital. b) Stock Dividend declared out of accumulated profit. c) Stock Dividend is not declared 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)
2019-10-29: Recommendation of Dividend
FARCHEM: The Board of Directors has recommended 10% stock dividend for the year ended on June 30, 2019. Date of AGM: 22.12.2019, Time: 12:30 AM, Venue: Lalmai Auditorium, Bangladesh Academy for Rural Development (BARD), Kotbari, Cumilla. Record Date: 20.11.2019. The Company has also reported EPS of Tk. 1.05, NAV per share of Tk. 15.00 and NOCFPS of Tk. 1.28 for the year ended on June 30, 2019 as against Tk. 1.35, Tk. 15.34 and Tk. 1.75 respectively for the same period of the previous year.(cont)
2019-10-21: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on October 28, 2019 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2019.
2019-01-31: Un-audited HY A/Cs
FARCHEM: (Quarter 2) As per un-audited half yearly accounts of Far Chemical Industries Limited, EPS was Tk. 0.32 for October-December 2018 as against Tk. 0.37 for October-December 2017; EPS was Tk. 0.68 for July-December 2018 as against Tk. 0.75 for July-December 2017. NOCFPS was Tk. 0.93 for July-December 2018 as against Tk. 0.94 for July-December 2017. NAV per share was Tk. 14.62 as on December 31, 2018 and Tk. 15.34 as on June 30, 2018.
2019-01-23: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on January 30, 2019 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2018.
2019-01-20: Bonus Shares Credited
FARCHEM: FAR Chemical Industries Ltd. has informed that the Bonus shares of the Company for the year ended on 30 June 2018 have already been credited through CDBL to the respective shareholders' BO A/Cs on January 14, 2019.
2018-12-23: Change of AGM Venue and Time
FARCHEM: FAR Chemical Industries Ltd. has further informed that due to unavoidable circumstances, the Board of Directors of the Company has decided to change the venue and time of the AGM. The 11th AGM of the Company will now be held at Lalmai Auditorium, Bangladesh Academy for Rural Development (BARD), Kotbari, Comilla at 12:30 PM instead of Bir Chandra Nagar Gono Pathagar and Nagar Milaynayatan, Town Hall, Kandirpar, Comilla at 1:00 PM on December 23, 2018. Other information of the AGM will remain unchanged.
2018-11-22: Ex-benefit Price Adjustments
FARCHEM: Please note that the price of the shares of FARCHEM 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 FARCHEM =Tk 13.60.
2018-11-19: Record Date tomorrow (20.11.2018)
FARCHEM: Trading of the shares of FAR Chemical Industries Ltd. will remain suspended on its record date i.e., 20.11.2018. Trading of the shares of the Company will resume on 22.11.2018.
2018-11-15: Spot trade from 18.11.2018
FARCHEM: Trading of the shares of FAR Chemical Industries Ltd. will be allowed only in the Spot Market from 18.11.2018 to 19.11.2018 as the record date of the Company is on 20.11.2018.
2018-11-14: Un-audited Financial Statements
FARCHEM: (Quarter 1) As per the un-audited financial statements of FAR Chemical Industries Ltd., EPS was Tk. 0.39 for July-September, 2018 as against Tk. 0.42 for July-September, 2017; NOCFPS was Tk. 0.56 for July-September, 2018 as against Tk. 0.50 for July-September, 2017. NAV per share was Tk. 15.72 as on September 30, 2018 and Tk. 15.70 as on September 30, 2017.
2018-11-07: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on November 13, 2018 at 3:00 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: Change of Record Date for AGM
FARCHEM: FAR Chemical Industries Ltd. has further informed that the Record Date for the AGM is on 20 November 2018 instead of 21 November 2018. Other information will remain unchanged.
2018-10-28: CB free
FARCHEM: Please note that there will be no price limit today 28 October 2018 on the trading of shares of FAR Chemical Industries Ltd. following its corporate disclosure.
2018-10-28: Recommendation of Dividend
FARCHEM: FAR Chemical Industries Ltd. has recommended 10% stock dividend for the year ended on 30 June 2018. AGM will be held on 23 December 2018 at 1:00 PM at Bir Chandra Nagar Gono Pathagar and Nagar, Milaynayatan (Town Hall) Kandhirpar, Comilla. Record Date is on 21 November 2018. The company has also reported EPS of Tk. 1.48, NAV per share of Tk. 15.34 and NOCFPS of Tk. 1.75 for the year ended on June 30, 2018 as against Tk.1.62, Tk. 15.24 and Tk. 1.96 respectively for the same period of the previous year.
2018-10-18: Board Meeting
FARCHEM: FAR Chemical Industries Ltd. has informed that the Board Meeting of the Company will be held on October 27, 2018 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
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