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ATLASBANG

All Eps Dividend Board Agm Q1 Q2 Q3

ATLASBANG 20-Dec-2021

The Company has further informed that the 37th AGM of the Company will now be held on December 26, 2021 at 3:30 PM instead of earlier declared date December 23, 2021 at 3:30 PM. Other information of the AGM will remain unchanged.

কোম্পানিটি আরও জানিয়েছে যে কোম্পানির 37তম এজিএম এখন 26 ডিসেম্বর, 2021 তারিখে বিকাল 3:30 PM এর পরিবর্তে 23 ডিসেম্বর, 2021 বিকাল 3:30 PM-এ অনুষ্ঠিত হবে। এজিএমের অন্যান্য তথ্য অপরিবর্তিত থাকবে।

ATLASBANG 01-Dec-2021

Trading of the shares of the Company will resume on 02.12.2021 after record date.

রেকর্ড তারিখের পরে কোম্পানির শেয়ারের লেনদেন 02.12.2021 তারিখে পুনরায় শুরু হবে।

ATLASBANG 30-Nov-2021

Trading of the shares of the Company will remain suspended on record date i.e., 01.12.2021.

ATLASBANG 28-Nov-2021

Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle from 29.11.2021 to 30.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 01.12.2021.

ATLASBANG 17-Nov-2021

(Continuation news of ATLASBANG): Trade and Other Payable: Taka 2,990,569 of Trade and Other Payables (stated at Taka 127,732,783) are Advance against Shares (Taka 184,050), and Sale proceeds of fraction shares (Taka 2,806,519) are continuation of more than one previous year. Please refer to Note 18 "Trade and Other Payable" of the notes to the financial statements for relevant details. (end)

ATLASBANG 17-Nov-2021

(Continuation news of ATLASBANG): Please refer to Note 15 "Long Term Loan" of the notes to the financial statements for relevant details. Inter Project Accounts: Inter Project Accounts are stated at Taka 11,387,576; Taka 1,613,825 of which are continuation from previous year, and we could not confirm extent of the recoverability. Please refer to Note 7 "Inter Project Accounts" of the notes to the financial statements for relevant details: (cont.10)

ATLASBANG 17-Nov-2021

(Continuation news of ATLASBANG): itself as a going concern. Our opinion is not modified in respect of the matter. Matter of Emphasis: We draw attention to the following matters, though our opinion is not modified by them: Long Term Loan: Long Term Loans are stated at Taka 2,184,296; Taka 2,184,241 of which as Interest Free Government Loan is a continuation of more than one previous year. We were unable to verify it. (cont.9)

ATLASBANG 17-Nov-2021

(Continuation news of ATLASBANG): to continue as a going concern and that the financial statements do adequately disclose this matter in note no. #2(a) (ii) of notes to the financial statements. However, as the company is an enterprise of Bangladesh Steel and Engineering Corporation under the Ministry of Industries, necessary support will be made available to keep the operation of the company ongoing foreseeable future if the government so wisely as such the company has considered (cont.8)

ATLASBANG 17-Nov-2021

(Continuation news of ATLASBANG): continue as a going concern: Net loss increasing year after year since financial year 2015-2016. Negative operating cash flows indicated by Financial Statements. Adverse Key Financial Ratios. Loss of Principal Supplier/Business relationship (Hero Honda Motors Brand). Emergence of a highly successful competitor. These events or conditions indicated above that a material uncertainty exists that may cast significant doubt on the Company's ability (cont.7)

ATLASBANG 17-Nov-2021

(Continuation news of ATLASBANG): For the Financial Year 2019-2020, Net Loss After Tax was BDT 44,562,254.00 and Accumulated Loss Increasing from 2015-16 was BDT 218,820,159.00. For the Financial Year 2020-2021, Net Loss After Tax was BDT 102,208,834.00 and Accumulated Loss Increasing from 2015-16 was BDT 321,028,993.00. We draw attention to the following indications that a material uncertainty exists that may cast significant doubt on the Company's ability to (cont.6)

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