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BDSERVICE

All Eps Dividend Board Agm Q1 Q2 Q3

BDSERVICE 13-Dec-2018

Trading of the shares of the Company will resume on 17.12.2018 after record date.

BDSERVICE 12-Dec-2018

Trading of the shares of the Company will remain suspended on record date i.e., 13.12.2018.

BDSERVICE 04-Dec-2018

(Continuation news of BDSERVICE): and additional tax demand from Income Tax Assessing Authority, the uncertainties of getting judgment in favor of the Company and Management's position on the same. Our opinion is not qualified in respect of this matter. (end)

BDSERVICE 04-Dec-2018

(Continuation news of BDSERVICE): that may cast significant doubt about the Company's ability to continue as a going concern. Our opinion is not qualified in respect of this matter. We also draw attention to note 33 to the financial statements where management explains the circumstances of various contingencies and additional claims of value added tax (VAT) and supplementary duty from Large Taxpayers Unit (VAT) (cont. 4)

BDSERVICE 04-Dec-2018

(Continuation news of BDSERVICE): in operation for foreseeable future. It is also concluded that once the renovation work is completed and the Hotel operation starts there will be sufficient operating cash flow to mitigate any risks. Accordingly, these financial statements have been prepared on going concern basis. These conditions, especially any potential delay in completing ongoing renovation work along with other matters as set forth in note 1.08, indicate the existence of material uncertainty (cont.3)

BDSERVICE 04-Dec-2018

(Continuation news of BDSERVICE): as well as incurred net loss of 554,504,987 for the year ended 30 June 2018 (2017: Tk. 492,756,005) mainly due to the ongoing renovation work for which the Company's Hotel operation is temporarily suspended and incurring loss from the operation of BICC. The Board and Management of the Company are closely reviewing the ongoing renovation work as well as other business matters and determined that the Company has adequate resources to continue (cont. 2)

BDSERVICE 04-Dec-2018

Emphasis of Matter: The auditor of the company has given the following "Emphasis of Matter" Paragraphs in the audit report of the company for the year ended on 30 June 2018. Emphasis of matter: Without qualifying our opinion, we draw attention to note 1.08 in the financial statements which indicates that as of June 30, 2018 the Company's current liabilities exceeded its current assets by BDT 881,324,765 (2017: BDT 344,043,910), (cont. 1)

BDSERVICE 29-Nov-2018

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 02.12.2018 to 12.12.2018. Trading of the shares of the Company will remain suspended on record date i.e., 13.12.2018.

BDSERVICE 26-Nov-2018

There will be no price limit on the trading of the shares of the Company today (26.11.2018) following its corporate declaration.

BDSERVICE 26-Nov-2018

The Board of Directors has recommended No dividend for the year ended on June 30, 2018. Date of AGM: 27.12.2018, Time: 7:00 PM, Venue: InterContinental Dhaka. Record date: 13.12.2018. The Company has also reported EPS of Tk. (5.67), NAV per share of Tk. 0.42 and NOCFPS of Tk. 0.53 for the year ended on June 30, 2018 as against Tk. (5.04), Tk. 6.09 and Tk. 0.32 respectively for the same period of the previous year.

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