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AL-HAJTEX

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AL-HAJTEX 02-Jul-2019

Referring to their earlier news disseminated on 19.05.2019 with regard to Court Direction to Agrani Bank Ltd. to pay the outstanding amount of Tk. 10,83,91,457.00 only to the company, the Company has further informed that they have received an acknowledgement of Pay Order of Tk. 10,83,91,457.00 dated May 20, 2019 from Agrani Bank Limited and accordingly deposited the same to their bank account.

AL-HAJTEX 25-Jun-2019

The Company has informed that the Board of Directors has decided to lay off the factory for 30 days with effect from June 25, 2019 at 7:00 AM to July 24, 2019 due to severe fall in volume of sales as a result of lack of demand in the market and shortage of storage facilities for holding stock of finished goods in the godown and also severe blockage of working capital.

AL-HAJTEX 19-May-2019

The Company has further informed that the Court has directed Agrani Bank Limited to pay the outstanding amount of Tk. 10,83,91,457.00 only to the Company within 2 weeks from May 07, 2019 and to file compliance before the Court.

AL-HAJTEX 02-May-2019

(Continuation news of AL-HAJTEX): during the reporting period, sales reduced, cost increased, overhead increased, production quantity decreased. Due to effect of such operating loss and net loss the EPS, NOCFPS and NAVPS have decreased substantially compared to the corresponding previous year. (end)

AL-HAJTEX 02-May-2019

(Q3 Un-audited): EPS was Tk. (0.11) for January-March 2019 as against Tk. 0.08 for January-March 2018; EPS was Tk. (0.43) for July 2018-March 2019 as against Tk. 0.42 for July 2017-March 2018. NOCFPS was Tk. (5.34) for July 2018-March 2019 as against Tk. (2.89) for July 2017-March 2018. NAV per share was Tk. 10.83 as on March 31, 2019 and Tk. 12.38 as on June 30, 2018. It is to be noted that (cont.)

AL-HAJTEX 24-Apr-2019

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 30, 2019 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2019.

AL-HAJTEX 07-Apr-2019

Referring to their earlier news disseminated on 10.03.2019 with regard to Court Direction to Agrani Bank to pay the Company Tk 25.00 crore, the Company has further informed that they have received an acknowledgement of Pay Order dated April 02, 2019 from Agrani Bank Limited for the payment of Tk. 25.00 crore.

AL-HAJTEX 10-Mar-2019

Referring to their earlier news disseminated on 03.02.2019 with regard to Court Direction to Agrani Bank to pay the Company Tk. 55,83,46,578 and subsequent correspondences, the Company has further informed that the Appellate Division of the Hon'ble Supreme Court of Bangladesh has directed Agrani Bank Limited to ensure immediate payment of Tk. 25.00 crore to Al-Haj Textile Mills Limited by April 04, 2019.

AL-HAJTEX 03-Feb-2019

Referring to their earlier news disseminated by DSE on 16.01.2019 regrading Court Direction to Agrani Bank to pay the Company Tk. 55,83,46,578, the Company has further informed that the contemnor-respondents (Agrani Bank) are further directed to file affidavit of compliance within 7 working days from the date of receipt of the instant order.

AL-HAJTEX 31-Jan-2019

(Continuation news of AL-HAJTEX): The Company has also informed that due to reduction of sales, increase of cost row cotton, increase of overhead and decrease of production. (end)

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