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BDWELDING

All Eps Dividend Board Agm Q1 Q2 Q3

BDWELDING 07-Sep-2020

The auditor of Bangladesh Welding Electrodes Ltd. has given the following "Qualified Opinion & Emphasis of Matter" in the audit report of the Company prepared for the year ended on June 30, 2018. Qualified Opinion: a) The evidence with respect to inventory having a carrying amount of Tk. 15,50,30,865 was limited because we could not observe the counting of physical inventory as of 30 June, 2018 as well as no proper inventory record was provided to us during audit. (cont. 1)

BDWELDING 31-Aug-2020

Trading of the Shares of the Company will resume on 01.09.2020 after record date.

BDWELDING 27-Aug-2020

Trading of the shares of the Company will remain suspended on record date i.e., 31.08.2020.

BDWELDING 16-Aug-2020

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 with cum benefit from 17.08.2020 to 27.08.2020. Trading of the shares of the Company will remain suspended on record date i.e., 31.08.2020.

BDWELDING 10-Aug-2020

(Continuation news of BDWELDING): b) The bonus share has been declared from the accumulated profit. c) The bonus share has not been declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company.

BDWELDING 10-Aug-2020

Dividend Declaration (Additional Information): The Company has informed that they recommended 1% stock dividend for the year 2019 due to following reasons: a) The factory of the Company shifted from Chittagong to Dhamrai, Dhaka which is under Construction. BMRE is continuing. On completion of the job and at re-start of production PSI will follow. (cont.)

BDWELDING 10-Aug-2020

There will be no price limit on the trading of the shares of the Company today (10.08.2020) 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.

BDWELDING 10-Aug-2020

(Continuation news of BDWELDING): The Company also informed that this is in honor of the order of the honorable High Court, dated February 19, 2020 on Company Matter case # 298 of 2019 for conducting the AGMs for the financial years 2017-18 & 2018-19. (end)

BDWELDING 10-Aug-2020

(Continuation news of BDWELDING): The Company has also reported EPS of Tk. (0.08), NAV per share of Tk. 11.61 and NOCFPS of Tk. (0.09) for the year ended on December 31, 2019 as against Tk. (0.36), Tk. 11.69 and Tk. (0.41) respectively for the same period of the previous year. (cont. 3)

BDWELDING 10-Aug-2020

(Continuation news of BDWELDING): The Company has also reported EPS of Tk. (0.36), NAV per share of Tk. 11.69 and NOCFPS of Tk. (0.41) for the year ended on December 31, 2018 as against Tk. 1.95, Tk. 12.04 and Tk. (0.73) respectively for the same period of the previous year. (cont. 2)

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