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ALLTEX

All Eps Dividend Board Agm Q1 Q2 Q3

ALLTEX 30-Nov-2020

(Continuation news of ALLTEX): 1. regarding going concern assumption disclosed in note 2.01.01; and 2. regarding the theft that took place in factory premises disclosed in note 38. Note 02.01.01- Going concern assumption: The financial statements have been prepared on the basis of going concern assumption as per IAS 1 "Presentation of Financial Statements". As per management assessment there is no material uncertainties related to events or conditions (cont.4)

ALLTEX 30-Nov-2020

(Continuation news of ALLTEX): of non-submission is not known to us. 4. The company made revaluation of land in 2015, but subsequent revaluation has not been done as per Para 31 and 34 of IAS-16. 5. Quantitative movements of inventories weren't disclosed as per part-II of Schedule-Xl of company act 1994. 6. The company did not calculate deferred tax as per IAS-12. Emphasis of Matter: Without qualifying our opinion we draw attention to the following facts: (cont.3)

ALLTEX 30-Nov-2020

(Continuation news of ALLTEX): due to scope limitations. 2.We were not provided work order(s), acknowledgment of advance receipt(s), etc. to verify advance against construction materials amounting to Tk. 23,730,000. 3. The company did not submit Mushak-9.1 as a result, a penalty may be imposed as per section 85(f) of VAT & SD Act, 2012 for which provision has not been made. Quantification of the penalty could not be made due to the period(cont.2)

ALLTEX 30-Nov-2020

The auditor of the Alltex Industries Ltd. has given the "Qualified Opinion" & "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended on 30 June 2020. Qualified Opinion: 1. As our appointment was post-dated we were unable to physically verify Property, Plant, and Equipment amounting Tk. 2,240,991,652 and Inventories amounting Tk. 447,141,952 on the balance sheet date. Moreover, an alternative audit procedure could not be applied in this regard (cont.1)

ALLTEX 24-Nov-2020

There will be no price limit on the trading of the shares of the Company today (24.11.2020) 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.

ALLTEX 24-Nov-2020

The Board of Directors has recommended No dividend for the year ended on June 30, 2020. Date of AGM: 31.12.2020, Time: 11:00 AM, Venue: Registered Office at Alltex Industrial Park, Ariabo, Barpa Rupgonj, Narayangonj. Record date: 14.12.2020. The Company has also reported EPS of Tk. (5.47), NAV per share of Tk. 15.78 and NOCFPS of Tk. 0.40 for the year ended on June 30, 2020 as against Tk. (6.45) (restated), Tk. 21.25 (restated) and Tk. 1.75 respectively for the same period of the previous year.

ALLTEX 16-Nov-2020

As per Regulation 19(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 November 23, 2020 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2020.

ALLTEX 03-Nov-2020

The Company has informed that the Board of Directors has decided temporary shutdown of the factory for 45 days from November 02, 2020 to carry out refubrishing and reinstallation of underground gas line. During the reconstruction of the gas work, all production activities will be stopped in the factory of the company. Upon completion of the gas work and recommencement of production in the factory, the company will further inform.

ALLTEX 14-Jun-2020

(Q3 Un-audited): EPS was Tk. (1.36) for January-March 2020 as against Tk. (1.81) for January-March 2019; EPS was Tk. (4.25) for July 2019-March 2020 as against Tk. (4.80) for July 2018-March 2019. NOCFPS was Tk. 0.31 for July 2019-March 2020 as against Tk. 2.02 for July 2018-March 2019. NAV per share was Tk. 7.80 as on March 31, 2020 and Tk. 12.05 as on June 30, 2019.

ALLTEX 07-Jun-2020

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 June 11, 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.

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