Meghna Shrimp Culture Limited
Contact Details:
|
Registered Office
|
Factory
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Bangladesh Chemical Industries Ltd DOEL COMPLEX Karnapara , Savar, Dhaka Tel: 02-7710052-57, Fax: 02- 7710056 Email: doel@doelgroup.com |
Nandalapur;
Pagla
Narayanganj
Dhaka
|
At a Glance:
|
Date of
Incorporation
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incorporated
with the Registrar of Joint Stock Companies on June 30, 1993 as a Public Limited Company vide
Incorporation No. C.H.C.-1400 OF 1993 under the Companies Act 1913
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|
IPO Offering Year
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Issued public portion of shares in 1996
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Date of Listing in
CSE
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14th November,
1996
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Nature of Business
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The Company owns and operates Shrimp Culture Firm and
sells shrimp and other fish products
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|
Accounting Year
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Financial year ended 31st Dec 2008
|
|
Date of Last AGM
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The last AGM was held on 9th Sep’09
|
|
Date of Delisting
by CSE
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The company has been delisted by
Chittagong Stock
Exchange Limited with the effect from 6th October 2009 as per SEC Directive No. SEC/CMRRCD/2001-16/168
dated October 01, 2009
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Market Information:
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Market Lot
|
20
|
|
Face Value
|
Tk
100
|
|
Close Price at the time of
Delisting
|
105.00
|
Board of Directors:
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Engr.
Md. Shariful
Islam
|
Chairman & Managing Director
|
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Mrs. Fahmida Islam
|
Director
|
|
Mohammad Maniruzzaman
|
Director
|
|
Mrs. Shaila Masud
Chowdhury
|
Director
|
Operational Status:
According to Directors report to
the Shareholders for the year ended 31st
Dec 2008, owing to the world wide economic recession during the
period, price of shrimp has declined substantially and this has resulted loss.
Our national political and economic situation also attributed towards loss.
Key Financial and
Operating Indicators:
|
Particulars
|
2009
|
2008
|
|
Authorized Capital 3,000,000 shares @ tk
100 each
|
300,000,000
|
300,000,000
|
|
Paid-up-Capital 1,000,000 shares @ tk
100 each
|
100,000,000
|
100,000,000
|
|
Net Worth
|
72,987,611
|
84,687,741
|
|
Working Capital
|
32,258,703
|
34,720,361
|
|
Debt to Equity (times)
|
---
|
---
|
|
NAV per Share
|
72.99
|
84.69
|
|
Turnover
|
21,216,300
|
20,108,150
|
|
Operating Profit/ (Loss)
|
(10,122,856)
|
(11,552,869)
|
|
Net Profit/ (Loss) after Tax
|
(27,232,812)
|
(13,969,626)
|
|
Earning per Share
|
(11.70)
|
(13.97)
|
|
Dividend
|
Nil
|
Nil
|
|
Net operating Cash Flow per share
|
15.77
|
16.25
|
Share Holding
Composition:
|
Particulars
|
No. of Shares hold
|
%
|
|
Sponsors
|
278,400
|
27.84
|
|
ICB
|
224,700
|
22.47
|
|
General Public
|
496,880
|
49.69
|
|
Total
|
1,000,000
|
100
|
--------------------------------------------------------------------
Source: Annual Report for the year ended 31st Dec 2008