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APEXWEAV

All Eps Dividend Board Agm Q1 Q2 Q3

APEXWEAV 17-Nov-2021

(Continuation news of APEXWEAV): It is also to be noted that no proper explanation or evidence could be provided by the management against the Advance Income Tax of amounting Tk. 15,849,738 is note no. 06.01 of the financial statements. 3. The carrying amount of property, plant and equipment (PPE) stands at Tk. 778,196,864. We were not provided with asset register/any document or information regarding the type of assets nature or the current condition of the assets. (cont.3)

APEXWEAV 17-Nov-2021

(Continuation news of APEXWEAV): non-availability of banking facilities for working capital, indicates the existence of a material uncertainty that cast a significant doubt on the company's ability to continue as going concern. The company's loans have been rescheduled on 30 December, 2019 and first payment was due on 31 March 2021 but no payment was made till reporting date. 2. Adequate disclosures for Advance Income Tax have not been given. (cont.2)

APEXWEAV 17-Nov-2021

The auditor of the Apex Weaving and Finishing Mills Ltd has given the "Qualified Opinion" & "Emphasis of matter" paragraphs in the Auditor's Report for the year ended on 30 June, 2021. Basis for Qualified Opinion: "Basis for Qualified Opinion: 1. As the Company incurring loss since 2009 and its accumulated returned loss is Tk. 1,529,620,891 as at 30 June, 2021 and net loss incurred during the year is of Tk. 175,700,175 due to break down of plant and machinery and (cont.1)

APEXWEAV 31-Oct-2021

There will be no price limit on the trading of the shares of the Company today (31.10.2021) for following its corporate declaration.

APEXWEAV 31-Oct-2021

The Board of Directors has recommended No dividend for the year ended on June 30, 2021. Date of AGM: 23.12.2021, Time: 11:00 AM, Venue: Digital Platform. Record date: 25.11.2021. The Company has also reported EPS of Tk. (4.52), NAV per share of Tk. (16.11) and NOCFPS of Tk. (3.05) for the year ended on June 30, 2021 as against Tk. (1.30), Tk. (11.59) and Tk. (1.65) respectively for the same period of the previous year.

APEXWEAV 21-Oct-2021

As per Regulation 17(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 October 30, 2021 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.

APEXWEAV 30-Sep-2021

(Continuation news of APEXWEAV): NAV per share with revaluation surplus was Tk. 62.58 as on 31 March 2021 and Tk. (11.59) as 30 on June 2020 and NAV per share without revaluation surplus would be Tk. (25.42) as on 31 March 2021 and Tk. (24.85) as on 30 June 2020. (end)

APEXWEAV 30-Sep-2021

(Q3 Un-audited): EPS was Tk. (0.41) for January-March 2021 as against Tk. (0.82) for January-March 2020; EPS was Tk. (0.57) for July 2020-March 2021 as against Tk. (0.91) for July 2019-March 2020. NOCFPS was Tk. 0.17 for July 2020-March 2021 as against Tk. 0.67 for July 2019-March 2020. (cont.)

APEXWEAV 30-Sep-2021

DSE NEWS: The Stock Brokers, Merchant Bankers and Portfolio Managers are requested to abstain from providing loan facilities to purchase securities of Apex Weaving and Finishing Mills Limited in between 1st to 30th trading day starting from today i.e. September 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.

APEXWEAV 30-Sep-2021

(Continuation news of APEXWEAV): The following conditions will be applicable for the trading of the shares of this Company: 1. The Reference Price shall be the last close price of the Company traded at OTC Market i.e. Tk. 12.00 dated 26.09.2021; 2. The Circuit Breaker and Circuit Filter (Price Limit) shall remain operative from the first trading day at DSE SME Platform. (end)

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