20:26:03 (BST) 20:26:03 (BST)
CSE news on ADNTEL
2024-11-18: Credit Rating
ADNTEL: Emerging Credit Rating Limited (ECRL) has assigned the surveillance rating to the Company as ''AA- '' in the long term and ''ST-2'' in the short term along with a Stable outlook based on audited financial statements up to June 30, 2024, and other relevant quantitative as well as qualitative information up to the date of rating.
2024-11-14: Record Date on17.11.2024
ADNTEL: 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)
ADNTEL: 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: Cont-Clarification on recent news published in a newspaper
ADNTEL:(cont) As per the terms of the Agreement dated 20 October 2024 for Lease of Land, ADN Telecom Limited has been granted a lease for a portion of land within Kaliakoir Hi-Tech Park for 40 years measuring approximately 4100 Square Meter (SQM) for Set Up Manufacturing IT/ITES Devices, Software, IOT and Al Based Electronics Service Components etc. The annual lease rent for the demised land, fixed at USD 0.50 per square meter per year, amounting to USD 2050 per year for the first 3 years. Thereafter it will be USD 2 per square meter per year up to 10 years. After the first 10 years, the lease rent will increase every 3 years, with a maximum increase of 10%...''(end)
2024-11-10: Clarification on recent news published in a newspaper
ADNTEL: In response to a DSE query dated November 04, 2024 regarding clarification on recent news published in a newspaper regarding ''taking lease of land in Hi-Tech Park in Kaliakoir'' the company has informed that, among others, as follows: ''...We confirm that the news article accurately reflects the recent agreement signing ceremony between ADN Telecom Limited and Bangladesh Hi-Tech Park. The agreement pertains to land allocation for ADN Telecom within the Bangladesh Hi-Tech Park in Kaliakoir, Gazipur...(cont)
2024-10-27: CB Free
ADNTEL: 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
ADNTEL: The Board of Directors has recommended 10% Cash Dividend for the year ended June 30, 2024. Date of AGM: 18.12.2024, Time: 11:00 AM, Venue: Hybrid System in combination of physical presence at La Vita Hall, Lakeshore Grand, House: 46, Road: 41, Gulshan 2, Dhaka-1212 and virtually by using Digital Platform through the link https://adntel.bdvirtualagm.com. Record Date: 17.11.2024. The Company has reported consolidated EPS of Tk. 2.31, consolidated NAV per share of Tk. 31.35 and consolidated NOCFPS of Tk. 5.96 for the year ended June 30, 2024 as against Tk. 4.00, Tk. 30.54 and Tk. 2.57 respectively for the year ended June 30, 2023.
2024-10-09: Board Meeting
ADNTEL: The Company has informed that a Board Meeting will be held on October 24, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2024.
2024-10-09: Board Meeting
ADNTEL: The Company has informed that a Board Meeting will be held on October 24, 2024 at 3:00 PM to consider, among others, audited financial statements of the company for the year ended June 30, 2024.
2024-06-19: Change of Close Price
ADNTEL: Please note that the close price of the shares of ADNTEL has been reset at current market price prevailing in other exchange's Market. New close price of ADNTEL =Tk. 79.20.
2024-05-06: Buy Confirmation
ADNTEL: Mr. Asif Mahmood, a Sponsor Director of the company, has further informed that he has completed his buying of 5,00,000 shares of the company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated on 29.04.2024.
2024-04-30: Investment of BDT 40 million to ADN Eduservices Ltd.
ADNTEL: The Board of Directors has also approved the Memorandum of Understanding between ADN Telecom Limited and ADN Eduservices Limited for investment of BDT 40 million to subscribe up to 88% shares in ADN Eduservices Limited subject to the completion of all regulatory formalities. This subscription will position ADN Eduservices Limited as a subsidiary of ADN Telecom Limited.
2024-04-30: Cont-Un-audited Financial Statements
ADNTEL: (Quarter 3)(cont) The company's vigorous push for new retail customers under udoy with extensive marketing drive have out weighted benefits in the initial stage. Inflationary adjustments also affected the operating expenses. All these factors impacted EPS adversely. Net Operating Cash Flow Per Share (NOCFPS) increased by 41% as a result of the increase in collection of receivables from the customers.(end)
2024-04-30: Un-audited Financial Statements
ADNTEL: (Quarter 3) As per un-audited financial statements of the Company, Consolidated EPS was Tk. 0.50 for January-March 2024 as against Tk. 1.02 for January-March 2023; Consolidated EPS was Tk. 1.79 for July 2023-March 2024 as against Tk. 3.03 for July 2022-March 2023. Consolidated NOCFPS was Tk. 1.82 for July 2023-March 2024 as against Tk. 1.29 for July 2022-March 2023. Consolidated NAV per share was Tk. 30.85 as on March 31, 2024 and Tk. 30.54 as on June 30, 2023. Reasons for deviation in EPS and NOCFPS: During the quarter the company has successfully completed few projects apart from its regular sales. Also, the contribution of B2C segment is consistently increasing. (cont)
2024-04-29: Buy Intention
ADNTEL: Mr. Asif Mahmood, a Sponsor Director of the company, has reported his intention to buy 5,00,000 shares of the company at prevailing market price (in the Public Market) through Dhaka Stock Exchange PLC. within April 30, 2024, as per Rule-4 of the BSEC (Ullekhzogyo Sonkhyok Share Orjon, Odhigrohon o Kortritto Grohon) Bidhimala, 2018.
2024-04-23: Board Meeting
ADNTEL: The Company has informed that the Board Meeting will be held on April 29, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
2024-04-18: Cont-Allocation of Land in Bangabandhu Sheikh Mujib Hi-Tech Park, Sylhet
ADNTEL: (cont) The annual lease rent for the demised land, fixed at BDT equivalent of USD 1.50 per square meter per year, amounting to USD 10,642.50 for the first 10 years. After the first 10 years, the lease rent will increase every 3 years, with a maximum increase of 10%.(end)
2024-04-18: Allocation of Land in Bangabandhu Sheikh Mujib Hi-Tech Park, Sylhet
ADNTEL: The company has informed that it has been allocated land in the Bangabandhu Sheikh Mujib Hi-Tech Park (BSMHTP), Sylhet, at Bangladesh Hi-Tech Park Authority (BHTPA) under Information and Communication Technology Division of the Ministry of Posts, Telecommunications and Information Technology. As per the terms of the Agreement for Lease of Land dated April 16, 2024, the company has been granted a lease for a portion of land within BSMHTP for 40 years measuring approximately 1.75321 acres or 7,095 square meters for developing international standard manufacturing facilities. (cont)
2024-04-09: Transfer Confirmation
ADNTEL: Mr. Mamonoor Rashid, a Sponsor of the company, has further informed that he has completed his transfer of 6,00,000 shares of the company to his son Mr. Ahnaf Rafid and 4,00,000 shares of the company to his daughter Ms. Ayesha Amanah Nuha by way of gift outside the trading system of the Exchange as per declaration disseminated by CSE on 28.03.2024.
2024-03-28: Transfer Intention
ADNTEL: Mr. Mamonoor Rashid, a Sponsor of the company, has reported his intention to transfer 10,00,000 shares out of his total holding of 13,05,000 shares of the company to his Son Mr. Ahnaf Rafid, who will receive 6,00,000 shares, and daughter Ms. Ayesha Amanah Nuha, who will receive 4,00,000 shares of the company, (both General Shareholders of the company), by way of gift outside the trading system of the Exchange within April 30, 2024.
2024-02-18: Transfer Confirmation
ADNTEL: Mr. Mohammad Ali Sarker, one of the Sponsors of the company, has further informed that he has completed his transfer of 8,52,500 shares of the company to his wife Ms. Shafia Ashrafi (General Shareholder of the company), by way of gift outside the trading system of the Exchange as per declaration disseminated by CSE on 13.02.2024.
2024-02-13: Transfer Intention
ADNTEL: Mr. Mohammad Ali Sarker, one of the Sponsors of the company, has reported his intention to transfer 8,52,500 shares of the company to his wife Ms. Shafia Ashrafi (General Shareholder of the company), by way of gift outside the trading system of the Exchange within 30 working days with effect from February 07, 2024.
2024-01-30: Cont.- Acquisition of additional 50% shares of MY TEL Limited
ADNTEL (cont): in Bangla Tel Limited (holding an IGW License) and Jibondhara Solutions Limited (holding an ICX License), both licensed by the Bangladesh Telecommunication Regulatory Commission (BTRC). This proposed vertical acquisition will lead to further success and growth for the companies, strengthening their overall position in the market. (end)
2024-01-30: Acquisition of additional 50% shares of MY TEL Limited
ADNTEL: The company has informed that the Board of Directors has approved the proposal to invest BDT 15 million in acquiring an additional 50% of shares in MY TEL Limited. This vertical acquisition will increase ADN Telecom Limited's current shareholding from 32% to 82% in MY TEL Limited, positioning it as a subsidiary of ADN Telecom Limited. MY TEL Limited is a private limited company, it serves as a telecommunications investment holding company and has investment (cont.)
2024-01-30: Un-audited HY A/Cs
ADNTEL:(Quarter 2) As per un-audited half yearly accounts of the company, Consolidated EPS was Tk. 0.60 for October-December 2023 as against Tk. 1.00 for October-December 2022; Consolidated EPS was Tk. 1.29 for July-December 2023 as against Tk. 2.01 for July-December 2022. Consolidated NOCFPS was Tk. 1.66 for July-December 2023 as against Tk. 0.97 for July-December 2022. Consolidated NAV per share was Tk. 30.36 as on December 31, 2023 and Tk. 30.54 as on June 30, 2023. Reasons for deviation in EPS and NOCFPS: EPS has been decreased due to decrease in sales, loss in B2B segment and further persistent inflation. NOCFPS has been increased as a result of the increase in collection of receivables from the customers.
2024-01-23: Board Meeting
ADNTEL: The Company has informed that the Board Meeting will be held on January 29, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
2024-01-16: Cash Dividend Disbursement
ADNTEL: The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
2023-12-27: Board decision to subscribe to the MoA and AoA of ADN Media Limited
ADNTEL: The company has informed that the Board of Directors of the company has decided to subscribe to the Memorandum of Association and Articles of Association of 'ADN Media Limited' (to be incorporated) for 45% of its initial paid-up capital i.e., 45,000 shares @Tk. 100 each amounting to Tk. 4,500,000 (forty-five lac) subject to completion of all regulatory formalities. The initial paid-up capital of the proposed Company will be Tk. 10,000,000 (One Crore) and it will be an interactive digital media platform that will create numerous business opportunities.
2023-11-07: Acquisition of additional 40% Shares of ADN International Gateway Ltd.
ADNTEL: ADN Telecom Limited has informed that the Board of Directors has approved the proposal to invest BDT 11.34 million in acquiring an additional 40% of shares in ADN International Gateway Limited (AIG). This vertical acquisition will increase ADN Telecom Limited's current shareholding from 40% to 80% in ADN International Gateway Limited, positioning it as a subsidiary of ADN Telecom Limited. ADN International Gateway Limited is a private limited company holding an International Internet Gateway (IIG) license issued by the Bangladesh Telecommunication Regulatory Commission (BTRC). This proposed vertical acquisition will lead to further success and growth for both the companies, strengthening their overall position in the market.
2023-11-07: Cont-Un-audited Financial Statements
ADNTEL(cont):However, Company believes this revenue decline is temporary in nature. But the cost of services did not reduce which affected the EPS for the quarter. EPS is expected to revive again as soon as lost business is covered by the business growth in the pipeline. NOCFPS improved due to the better negotiated trade credit terms with the suppliers, particularly with whom company has recurring businesses.(end)
2023-11-07: Un-audited Financial Statements
ADNTEL: (Quarter 1) As per un-audited financial statements of the Company, Consolidated EPS was Tk. 0.69 for July-September 2023 as against Tk. 1.01 for July-September 2022; Consolidated NOCFPS was Tk. 0.47 for July-September 2023 as against Tk. 0.24 for July-September 2022. Consolidated NAV per share was Tk. 31.23 as on September 30, 2023 and Tk. 30.54 as on June 30, 2023. Reason for deviation in Revenue, EPS and NOCFPS: Last year same quarter includes full quarter revenue from a customer named Bangladesh Police has been discontinued.(cont)
2023-11-01: Board Meeting
ADNTEL: ADN Telecom Limited has informed that the Board Meeting of the Company will be held on November 06, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2023.
2023-10-31: Cont-Purchase of Land
ADNTEL:(cont) The purchase price for the land is BDT 115,680,000.00 only, excluding the costs for registration and other related expenses subject to necessary approvals, if any. The total area of land (28.59 decimals) will be used for construction of the Multistoried Corporate Building including Data Center Setup of the Company. (end)
2023-10-31: Purchase of Land
ADNTEL: ADN Telecom Limited has informed that the Board of Directors of the company has decided to purchase 14.46 decimals of land adjacent to 100 feet wide Madani Avenue at Ward No. 42, (DNCC) Madani Avenue, Mouza: Baro Beraid, Police Station and Sub-Registry Office: Badda, District: Dhaka located beside company's existing 14.13 decimals of land from its related party/associate company under the common Directorship namely Tech Valley Networks Limited subject to the approval by the shareholders.(cont)
2023-10-29: Credit Rating
ADNTEL: Emerging Credit Rating Limited (ECRL) has affirmed surveillance rating to ADN Telecom Limited as ''AA-'' in the long term and ''ST-2'' in the short term along with a Stable outlook of the Company based on audited financial statements up to June 30, 2023 and other available information up to the date of rating declaration.
2023-10-22: Spot trade from tomorrow (23.10.2023)
ADNTEL: Trading of the shares of ADN Telecom Limited will be allowed only in the Spot Market from 23.10.2023 to 25.10.2023 as the record date of the Company is on 26.10.2023.
2023-10-05: CB free
ADNTEL: Please note that there will be no price limit today 05.10.2023 on the trading of the shares of the Company following its corporate declaration. However, the floor price shall be applicable accordingly.
2023-10-05: Cont-Recommendation of Dividend
ADNTEL: (Cont) Reason for deviation in EPS & NOCFFP: During this period, the company's net profit increased considerably as a result of business expansion and the launch of new products and services. Effective cost-management techniques also aided in this expansion. As a result, the company's Earnings Per Share (EPS) increased significantly compared to the same period previous year, demonstrating its effectiveness financial performance. Net Operating Cash Flow Per Share decreased due to lower net cash generated from operations compared to last year as well as advance for new investment over the course of the period.(end)
2023-10-05: Recommendation of Dividend
ADNTEL: The Board of Directors has recommended 15% Cash dividend for the year ended on June 30, 2023. Date of AGM: 04.12.2023, Time: 11:00 AM, Venue: Digital Platform. Record Date: 26.10.2023. The Company has also reported Consolidated EPS of Tk. 4.00, Consolidated NAV per share of Tk. 30.64 and Consolidated NOCFPS of Tk. 2.55 for the year ended on June 30, 2023 as against Tk. 2.59 (standalone), Tk. 27.56 (standalone) and Tk. 3.28 (standalone) respectively for the year ended June 30, 2022. (Cont)
2023-09-26: Board Meeting
ADNTEL: ADN Telecom Limited has informed that the Board Meeting of the Company will be held on October 04, 2023 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2023.
2023-09-21: Board approval to purchase land
ADNTEL: ADN Telecom Limited has informed that the Board of Directors has approved to purchase 235 decimals of land located at Mouza: Koyer, JL No- 29, Thana and Sub-registry Office: Gazipur Sadar, District: Gazipur. The purchase price for the land is BDT 2,30,11,000.00 (Two Crore Thirty Lac and Eleven Thousand) only, excluding the costs for registration and other related expenses subject to necessary approvals, if any. The purpose of acquiring the land is for future business expansion of the Company.
2023-06-08: Decision to acquire 10% shares of Shohoz Limited
ADNTEL: ADN Telecom Limited has informed that the Board of Directors has approved the proposal for investment of BDT 120.00 million to acquire 10% shares of Shohoz Limited subject to the completion of all regulatory formalities. Shohoz Limited is a Bus and Railway online ticketing platform in Bangladesh under the brand name of ''Shohoz''.
2023-05-02: Un-audited Financial Statements
ADNTEL: (Quarter 3) As per the un-audited financial statements of ADN Telecom Limited, Consolidated EPS was Tk. 1.02 for January-March 2023 as against Solo EPS Tk. 0.54 for January-March 2022; Consolidated EPS was Tk. 3.03 for July 2022-March 2023 as against Solo EPS Tk. 1.77 for July 2021-March 2022. Consolidated NOCFPS was Tk. 1.29 for July 2022-March 2023 as against Solo NOCFPS Tk. 1.40 for July 2021-March 2022. Consolidated NAV per share was Tk. 29.62 as on March 31, 2023 and Solo NAV per share was Tk. 27.56 as on June 30, 2022. Reasons for significant deviation in EPS: EPS has been increased due to the expansion of overall business and new products & services.
2023-05-02: Construction of 13 storied Commercial Building and Data Center setup
ADNTEL: ADN Telecom Limited has informed that the Board of Directors of the company has approved the proposal for construction of a 13 storied commercial building and data center setup for the Company with a total floor space of 116,400 Sft (approx.) located at Baro Beraid, Ward No. 42, (DNCC) Madani Avenue, Badda, Dhaka adjacent to 100 feet wide Madani Avenue. The proposed building will be a 13 storied commercial building and 3 basements, including a data center setup on the first and second floors. The estimated total cost of the project will be Tk. 70 Crore which will be financed through a syndicate loan from banks. The Board believes that this investment will have a positive impact on the long-term growth and success of the Company.
2023-04-16: Board Meeting
ADNTEL: ADN Telecom Limited has informed that the Board Meeting of the Company will be held on April 30, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2023.
2023-03-21: Transfer Confirmation
ADNTEL: Mamonoor Rashid, one of the Sponsors of ADN Telecom Limited, has further informed that he has completed his transfer of 2,00,000 shares of the company to his Spouse Fahima Jishan Chowdhury (General Shareholder of the company), by way of gift outside the trading system of Dhaka Stock Exchange as per declaration disseminated on 16.03.2023.
2023-03-16: Transfer Intention
ADNTEL: Mamonoor Rashid, one of the Sponsors of ADN Telecom Limited, has reported his intention to transfer 2,00,000 shares out of his total holding of 15,05,000 shares of the company to his Spouse Fahima Jishan Chowdhury (General Shareholder of the company), by way of gift outside the trading system of the Exchange within next 30 working days from the date of issuance of approval letter by DSE.
2023-03-12: Query Response
ADNTEL: In response to a DSE query date March 09, 2023, ADN Telecom Limited has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.
2023-03-06: Sale Confirmation
ADNTEL: Mr. Mohammad Ali Sarker, one of the Sponsors of ADN Telecom Limited, has further informed that he has completed his sale of 8,52,500 shares of the Company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 27.02.2023.
2023-03-06: Sale Confirmation
ADNTEL: Mr. Md. Abu Yousof Zakaria, one of the Sponsors of ADN Telecom Limited, has further informed that he has completed his sale of 17,05,000 shares of the Company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 27.02.2023.
2023-03-06: Sale Confirmation
ADNTEL: Mr. Mamonoor Rashid, one of the Sponsors of ADN Telecom Limited, has further informed that he has completed his sale of 2,00,000 shares of the Company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 23.02.2023.
2023-02-27: Sale Intention
ADNTEL: Mr. Mohammad Ali Sarker, one of the Sponsors of ADN Telecom Limited, has reported his intention to sell 8,52,500 shares out of his holding of 17,05,000 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange (DSE) within next 30 working days.
2023-02-27: Sale Intention
ADNTEL: Mr. Md. Abu Yousof Zakaria, one of the Sponsors of ADN Telecom Limited, has reported his intention to sell the entire holding of 17,05,000 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange (DSE) within next 30 working days.
2023-02-23: Sale Intention
ADNTEL: Mr. Mamonoor Rashid, one of the Sponsors of ADN Telecom Limited, has reported his intention sell 2,00,000 shares out of his holding of 17,05,000 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange (DSE) within next 30 working days.
2023-01-26: Un-audited HY A/Cs
ADNTEL: (Quarter 2) As per un-audited half yearly accounts of ADN Telecom Limited, Consolidated EPS was Tk. 1.00 for October-December 2022 as against Tk. 0.60 (Solo) for October-December 2021; Consolidated EPS was Tk. 2.01 for July-December 2022 as against Tk. 1.23 (Solo) for July-December 2021. Consolidated NOCFPS was Tk. 0.97 for July-December 2022 as against Tk. (0.44) (Solo) for July-December 2021. Consolidated NAV per share was Tk. 28.60 as on December 31, 2022 and Tk. 27.56 (Solo) as on June 30, 2022.
2023-01-19: Board Meeting
ADNTEL: ADN Telecom Limited has informed that the Board Meeting of the Company will be held on January 25, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2022.
2023-01-09: Cash Dividend Disbursement
ADNTEL: ADN Telecom Limited has informed that it has disbursed the cash dividend for the year ended on June 30, 2022 to the respective shareholders' Bank Accounts through BEFTN system on 02 January 2023. Besides, the dividend warrants have already been issued and distributed to the Shareholders whose accounts were found inappropriate for BEFTN/online transfer.
2022-12-07: Time extension and revised utilization of the IPO Proceeds
ADNTEL: Refer to their earlier news disseminated by CSE on 31.10.2022 regarding time extension for IPO proceeds utilization, ADN Telecom Limited has further informed that Shareholders of the company in its 19th AGM held on December 07, 2022 at 11:00 AM have approved for rearranging the unutilized IPO proceeds allocated for BMRE from BDT 184,963,089.00 to BDT 84,963,089.00. Out of the remaining BDT 100,000,000.00, BDT 50,000,000.00 is to be utilized for investment in the Hi-Tech Park for developing manufacturing facility and BDT 50,000,000.00 for the purchase of Land and Land Development within December 31, 2023 subject to necessary regulatory approval.
2022-10-31: Cont-Time extension for IPO proceeds utilization
ADNTEL: (cont) Out of the remaining BDT 100,000,000.00 BDT 50,000,000.00 is proposed to be utilized for the investment in the Hi-Tech Park for developing manufacturing facility and Tk. 50,000,000.00 for purchase of Land and Land Development within 31 December 2023 subject to the approval of shareholders in the upcoming 19th AGM scheduled to be held on 7 December 2022 and Bangladesh Securities and Exchange Commission.(end)
2022-10-31: Time extension for IPO proceeds utilization
ADNTEL: ADN Telecom Limited has also informed that the Board of Directors has also decided to Revisions and extension of time for the utilization of the IPO proceeds. Due to the COVID-19 pandemic and the ongoing Russia-Ukraine geopolitical situation which has caused supply chain disruptions as well as additional cost pressure for devaluation of BDT against USD as well as market uncertainties, the Board of Directors has recommended to rearrange the unutilized IPO proceeds allocated for BMRE from BDT 201,087,482.00 to BDT 101,087,482.00. (cont)
2022-10-31: Un-audited Financial Statements
ADNTEL: (Quarter 1) As per the un-audited financial statements of ADN Telecom Limited, Consolidated EPS was Tk. 1.01 for July-September 2022 as against Tk. 0.63 (Solo) for July-September 2021; Consolidated NOCFPS was Tk. 0.24 for July-September 2022 as against Tk. 0.08 (Solo) for July-September 2021. Consolidated NAV per share was Tk. 28.60 as on September 30, 2022 and Tk. 27.56 (Solo) as on June 30, 2022.
2022-10-25: Board Meeting
ADNTEL: ADN Telecom Limited has informed that the Board Meeting of the Company will be held on October 30, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
2022-10-24: Credit Rating
ADNTEL: Emerging Credit Rating Limited (ECRL) has affirmed surveillance rating to ADN Telecom Limited as ''A+'' in the long term and ''ST-2'' in the short term along with a Stable outlook of the Company based on audited financials statements of FY2018 to FY2022 and other quantitative as well as qualitative information up to the date of rating.
2022-10-12: Record Date tomorrow (13.10.2022)
ADNTEL: Trading of the shares of ADN Telecom Limited will remain suspended on its record date i.e., 13.10.2022. Trading of the shares of the Company will resume on 16.10.2022.
2022-10-10: Spot trade from 11.10.2022
ADNTEL: Trading of the shares of ADN Telecom Limited will be allowed only in the Spot Market from 11.10.2022 to 12.10.2022 as the record date of the Company is on 13.10.2022.
2022-09-19: Update of Information
ADNTEL: ADN Telecom Limited has requested the Shareholders to check and update their BO ID's Bank Account details along with routing number to get dividend online through BEFTN system. The Company has also requested to update respective BO Account with 12 digit e-TIN along with other necessary information including contact address before Record Date i.e., October 13, 2022.
2022-09-18: CB free
ADNTEL: Please note that there will be no price limit today 18.09.2022 on the trading of the units of the Bond 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.
2022-09-18: Recommendation of Dividend
ADNTEL: The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2022. Date of AGM: 07.12.2022, Time: 11:00 AM, Venue: Digital Platform. Record Date: 13.10.2022. The Company has also reported EPS of Tk. 2.59, NAV per share of Tk. 27.56 and NOCFPS of Tk. 3.28 for the year ended on June 30, 2022 as against Tk. 2.57, Tk. 25.97 and Tk. 2.10 respectively for the same period of the previous year.
2022-09-06: Board Meeting
ADNTEL: ADN Telecom Limited has informed that the Board Meeting of the Company will be held on September 15, 2022 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2022.
2022-07-05: Cont-Approval of draft share Transfer Agreement
ADNTEL: (Cont) The investing amount shall be financed from Company's own source of fund. SOS Development Limited has entered with ''Fire Service Welfare Trust'' a Joint Venture Agreement for providing fire security solution services with an innovative device with its own systems called ''Instant Response System'' (IRS) as fire guard. The tenure of this Agreement is 10 years with an expected revenue of over Tk. 50 Crore approximately per year. (end)
2022-07-05: Approval of draft share Transfer Agreement
ADNTEL: ADN Telecom Limited has informed that the Board of Directors of the Company by Resolution by Circulation dated 04 July 2022 has approved the draft Share Transfer Agreement to acquire 60% shares of SOS Developments Limited at a price of Tk. 20,000,000 (Taka Two Crore) subject to completion of all regulatory formalities. SOS Developments Limited is a private limited company and its nature of business is providing fire security solution services. (Cont)
2022-04-25: Un-audited Financial Statements
ADNTEL: (Quarter 3) As per the un-audited financial statements of ADN Telecom Limited, EPS was Tk. 0.54 for January-March 2022 as against Tk. 0.56 for January-March 2021; EPS was Tk. 1.77 for July 2021-March 2022 as against Tk. 1.76 for July 2020-March 2021. NOCFPS was Tk. 1.40 for July 2021-March 2022 as against Tk. 1.22 for July 2020-March 2021. NAV per share was Tk. 26.73 as on March 31, 2022 and Tk. 25.97 as on June 30, 2021.
2022-04-18: Board Meeting
ADNTEL: ADN Telecom Limited has informed that the Board Meeting of the Company will be held on April 24, 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.
2022-01-30: Un-audited HY A/Cs
ADNTEL: (Quarter 2) As per un-audited half yearly accounts of ADN Telecom Limited, EPS was Tk. 0.60 for October-December 2021 as against Tk. 0.59 for October-December 2020; EPS was Tk. 1.23 for July-December 2021 as against Tk. 1.20 for July-December 2020. NOCFPS was Tk. (0.44) for July-December 2021 as against Tk. 0.39 for July-December 2020. NAV per share was Tk. 26.19 as on December 31, 2021 and Tk. 24.97 as on June 30, 2021. Reason for deviation in NOCFPS: Due to Covid-19, during the current period cash received is lower than the cash payment and cash payment are significantly higher than comparative that of last period.
2022-01-23: Board Meeting
ADNTEL: ADN Telecom Limited has informed that the Board Meeting of the Company will be held on January 27, 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.
2022-01-10: Cash Dividend Disbursement
ADNTEL: ADN Telecom Limited has informed that it has disbursed the cash dividend for the year ended on June 30, 2021 to the respective shareholders' Bank Accounts through BEFTN system on 05 January 2022. Besides, the dividend warrants of the NRB Shareholders, Margin Accountholders and the Shareholders whose Bank details were incomplete have been distributed by courier services.
2021-11-17: Credit Rating
ADNTEL: Emerging Credit Rating Limited (ECRL) has affirmed surveillance rating to ADN Telecom Limited as ''A+'' in the long term and ''ST-2'' in the short term along with a Stable outlook of the Company based on audited financials up to June 30, 2021 and other quantitative as well as qualitative information up to the date of rating.
2021-11-16: Record Date tomorrow (17.11.2021)
ADNTEL: Trading of the shares of ADN Telecom Limited will remain suspended on its record date i.e., 17.11.2021. Trading of the shares of the Company will resume on 18.11.2021.
2021-11-14: Spot trade from tomorrow (15.11.2021)
ADNTEL: Trading of the shares of ADN Telecom Limited will be allowed only in the Spot Market from 15.11.2021 to 16.11.2021 as the record date of the Company is on 17.11.2021.
2021-11-14: Un-audited Financial Statements
ADNTEL: (Quarter 1) As per the un-audited financial statements of ADN Telecom Limited, EPS was Tk. 0.63 for July-September 2021 as against Tk. 0.61 for July-September 2020; NOCFPS was Tk. 0.08 for July-September 2021 as against Tk. (0.03) for July-September 2020. NAV per share was Tk. 26.59 as on September 30, 2021 and Tk. 25.97 as on June 30, 2021.
2021-11-07: Board Meeting
ADNTEL: ADN Telecom Limited has informed that the Board Meeting of the Company will be held on November 13, 2021 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, 2021.
2021-10-27: CB free
ADNTEL: Please note that there will be no price limit today 27.10.2021 on the trading of the shares of the Company following its corporate declaration.
2021-10-27: Recommendation of Dividend
ADNTEL: The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2021. Date of AGM: 14.12.2021, Time: 11:00 AM, Venue: Digital Platform. Record Date: 17.11.2021. The Company has also reported EPS of Tk. 2.57, NAV per share of Tk. 25.97 and NOCFPS of Tk. 2.10 for the year ended on June 30, 2021 as against Tk. 2.50, Tk. 25.27 and Tk. 2.79 respectively for the same period of the previous year. Reason for deviation in NOCFPS: Due to Covid-19, during the current year cash received is lower than the cash payment and cash payment are significantly higher than that of last year.
2021-10-11: Board Meeting
ADNTEL: ADN Telecom Limited has informed that the Board Meeting of the Company will be held on October 26, 2021 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
2021-09-07: Query Response
ADNTEL: In response to a DSE query date September 06, 2021, ADN Telecom Limited has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.
2021-04-29: Un-audited Financial Statements
ADNTEL: (Quarter 3) As per the un-audited financial statements of ADN Telecom Limited, EPS was Tk. 0.56 for January-March 2021 as against Tk. 0.36 for January-March 2020; EPS was Tk. 1.76 for July 2020-March 2021 as against Tk. 1.24 for July 2019-March 2020. NOCFPS was Tk. 1.22 for July 2020-March 2021 as against Tk. (0.23) for July 2019-March 2020. NAV per share was Tk. 25.53 as on March 31, 2021 and Tk. 25.27 as on June 30, 2020.
2021-04-20: Board Meeting
ADNTEL: ADN Telecom Limited has informed that the Board Meeting of the Company will be held on April 28, 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.
2021-04-15: Cont-Approval for alteration of use of IPO fund and the time extension
ADNTEL(cont): (2) the utilization of the remaining balance amount of BDT 32,632,813 under the head of Data Center, has been extended for 1 year i.e., up to 30 September 2021 and the change of address of the Data Center (3) the utilization of the remaining balance amount of BDT 13,860,031 under the head of Loan Repayment as soon as possible towards paying off outstanding loan with The City Bank Limited.(end)
2021-04-15: Approval for alteration of use of IPO fund and the time extension
ADNTEL: ADN Telecom Limited has informed that Bangladesh Securities and Exchange Commission (BSEC) has approved the alteration of use of IPO fund and the time extension of utilization schedule of IPO proceeds of the Company. According to the approval, (1) the utilization of the remaining balance amount of BDT 288,582,868 under the head of BMRE, has been extended for 2 years i.e., up to 31 December 2022;(cont)
2021-01-31: Decided to invest ADN DigiNet Limited
ADNTEL: ADN Telecom Limited has informed that Board of Directors has decided to invest by way of subscribing the Memorandum of Association and Articles of Association of 'ADN DigiNet Limited' (to be incorporated) for its 40% initial paid up capital i.e., 20,000 shares @ Tk. 100.00 each amounting to Tk. 2,000,000.00 subject to completion of all regulatory formalities. The initial paid-up capital of the proposed Company will be Tk.5,000,000.00 and its nature of business will be IT and IT Enabled Services.
2021-01-31: Un-audited HY A/Cs
ADNTEL: (Quarter 2) As per un-audited half yearly accounts of ADN Telecom Limited, EPS was Tk. 0.59 for October-December 2020 as against Tk. 0.45 for October-December 2019; EPS was Tk. 1.20 for July-December 2020 as against Tk. 0.89 for July-December 2019. NOCFPS was Tk. 0.39 for July-December 2020 as against Tk. 0.37 for July-December 2019. NAV per share was Tk. 24.97 as on December 31, 2020 and Tk. 25.27 as on June 30, 2020.
2021-01-25: Category Change
ADNTEL: Please note that ADN Telecom Limited will be placed in ''A'' category from existing ''N'' category with effect from January 26, 2021 as the Company has reported disbursement of 15% cash dividend for the year ended on June 30, 2020. 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 ADNTEL up to 30 trading days from January 26, 2021.
2021-01-25: Reschedule time of Board Meeting
ADNTEL: ADN Telecom Limited has informed that the Board Meeting of the Company will be held on January 28, 2021 at 2:35 PM instead of 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
ADNTEL: ADN Telecom Limited has informed that it has disbursed the cash dividend for the year ended on June 30, 2020 to the respective shareholders' Bank Accounts through BEFTN system on 17 January 2021. Besides, the dividend warrants of the NRB Shareholders, Margin Accountholders and the Shareholders whose Bank details were incomplete have been distributed by courier services.
2021-01-19: Board Meeting
ADNTEL: ADN Telecom Limited 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.
2021-01-11: Query Response
ADNTEL: In response to a DSE query date January 06, 2021, ADN Telecom Limited has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.
2020-11-26: Credit Rating
ADNTEL: Emerging Credit Rating Limited (ECRL) has affermed surveillance rating to ADN Telecom Limited as ''A+'' in the long term and ''ST-2'' in the short term along with a Stable outlook of the Company based on audited financials up to June 30, 2020 and other quantitative as well as qualitative information up to the date of rating.
2020-11-18: Record Date tomorrow (19.11.2020)
ADNTEL: Trading of the shares of ADN Telecom Limited will remain suspended on its record date i.e., 19.11.2020 for AGM & EGM. Trading of the shares of the Company will resume on 22.11.2020.
2020-11-16: Spot trade from tomorrow (17.11.2020)
ADNTEL: Trading of the shares of ADN Telecom Limited 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 for AGM & EGM.
2020-11-15: Un-audited Financial Statements
ADNTEL: (Quarter 1) As per the un-audited financial statements of ADN Telecom Limited, EPS was Tk. 0.61 for July-September 2020 as against Tk. 0.44 for July-September 2019; NOCFPS was Tk. (0.03) for July-September 2020 as against Tk. 0.22 for July-September 2019. NAV per share was Tk. 25.88 as on September 30, 2020 and Tk. 25.27 as on June 30, 2020. The Company also inform that due to Covid-l9, during the current period the gap between cash received is lower than the cash payment and cash payment are significantly higher than that of last period.
2020-11-05: Board Meeting
ADNTEL: ADN Telecom Limited has informed that the Board Meeting of the Company will be held on November 12, 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.
2020-10-28: CB Free
ADNTEL: Please note that there will be no price limit today 28.10.2020 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.
2020-10-28: Recommendation of Dividend and EGM
ADNTEL: The Board of Directors has recommended 15% cash dividend for the year ended on June 30, 2020. The Company has decided to hold an EGM to extend IPO fund utilization timeline and necessary amendment for the fund utilization subject to approval of the shareholders of the Company and BSEC. Date of EGM and AGM: 24.12.2020, Time of EGM and AGM: 11:00 AM and 11.30 AM respectively. Venue: Digital Platform. Record Date for EGM and AGM: 19.11.2020. The Company has also reported EPS of Tk. 2.86, NAV per share of Tk. 25.27 and NOCFPS of Tk. 2.79 for the year ended on June 30, 2020 as against Tk. 2.25, Tk. 14.59 and Tk. 2.96 respectively for the same period of the previous year.
2020-10-18: Board Meeting
ADNTEL: ADN Telecom Limited has informed that the Board Meeting of the Company will be held on October 27, 2020 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2020.
2020-06-11: Un-audited Financial Statements (additional Information)
ADNTEL: (Quarter 3) ADN Telecom Limited has further informed that EPS was Tk. 0.36 for January-March 2020 as against Tk. 0.65 for January-March 2019.
2020-06-11: Un-audited Financial Statements
ADNTEL: (Quarter 3) As per the un-audited financial statements of ADN Telecom Limited, EPS was Tk. 1.24 for July 2019-March 2020 as against Tk. 1.26 for July 2018-March 2019. NOCFPS was Tk. (0.23) for July 2019-March 2020 as against Tk. 3.08 for July 2018-March 2019. NAV per share was Tk. 24.19 as on March 31, 2020 and Tk. 21.03 as on June 30, 2019.
2020-06-03: Board Meeting
ADNTEL: ADN Telecom Limited has informed that the Board Meeting of the Company will be held on June 10, 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.
2020-01-26: Un-audited HY A/Cs
ADNTEL: (Quarter 2) As per un-audited half yearly accounts of ADN Telecom Limited, Basic EPS was Tk. 0.62 for October-December 2019 as against Tk. 0.38 for October-December 2018 and Diluted EPS was Tk. 0.45 for October-December 2019 as against Tk. 0.26 for October-December 2018; Basic EPS was Tk. 1.23 for July-December 2019 as against Tk. 0.86 for July-December 2018 and Diluted EPS was Tk. 0.89 for July-December 2019 as against Tk. 0.60 for July-December 2018. NOCFPS was Tk. 0.37 for July-December 2019 as against Tk. 2.08 for July-December 2018. NAV per share was Tk. 23.84 as on December 31, 2019 and Tk. 21.03 as on June 30, 2019.
2020-01-19: Board Meeting
ADNTEL: ADN Telecom Limited has informed that the Board Meeting of the Company will be held on January 23, 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.
2020-01-06: Un-audited Financial Statements
ADNTEL: (Quarter 1) As per un-audited financial statements of ADN Telecom Limited, for the 3 (three) months period ended from July-September 2019, Net Profit after Tax was Tk. 28.45m, Pre-IPO EPS was Tk. 0.63 and Post-IPO EPS was Tk. 0.44. NAV per share was Tk. 21.67 as on September 30, 2019.
2020-01-06: No credit facility
ADNTEL: As per SEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015; the stockbrokers & merchant bankers are requested not to provide loan facilities to their clients against purchasing shares of newly listed ADNTEL up to 30 trading days from today 06 January 2020.
2020-01-06: Commencement of Trading
ADNTEL: All concerned are hereby informed that trading of the shares of ADN Telecom Limited will commence at CSE from today 06 January 2020 under settlement category ''N''. Please note that the Scrip Id=24012, Scrip Code=ADNTEL, Market Lot=1, Face Value=Tk.10 & Tick Price=10 paisa. However, the listing date of the Company at CSE was 17 December 2019.
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