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BEACHHATCH

All Eps Dividend Board Agm Q1 Q2 Q3

BEACHHATCH 05-Jan-2021

(Continuation news of BEACHHATCH): to continue as a going concern and material uncertainties related to the above conditions were also adequately disclosed in the notes to the financial statements as required by IAS 1: Presentation of Financial Statements. However, the company is in process for going to production of white fish and hence the situation may take better shape. b. Trade receivables amounting to Tk. 273,280,569 was carried in the statement of financial position at(cont.4)

BEACHHATCH 05-Jan-2021

(Continuation news of BEACHHATCH): with other matters as set forth in Annexure-1 indicate that a material uncertainty exists that may cause significant doubt about the Company's ability to continue as a going concern in the foreseeable future. The Company is currently at risk of being delisted and under the scrutiny of Dhaka Stock Exchange as its production has remained suspended for more than for a period of consecutive four years. The Company did not make an assessment of Its ability (cont.3)

BEACHHATCH 05-Jan-2021

(Continuation news of BEACHHATCH): government authority. Hence, the entire operation of the Company has been halted since 24th April 2016 and though the management of the Company is taking initiatives but commercial production is yet to resume as of 30 June 2020. Moreover, the Company continued to make significant amount of net losses during the year as well as previous year and retained earnings of the Company stood at (Tk. 24,732,568) as on 30 June 2020. These conditions along (cont.2)

BEACHHATCH 05-Jan-2021

The auditor of Beach Hatchery Ltd has given the following "Qualified Opinion" paragraph in the audit report of the Company prepared for the year ended on June 30, 2020. Qualified Opinion: a.As referred to the note # 2.12 to the financial statements which disclosed that the factory building and hatchery equipment of the company have been dismantled by the Government to construct marine drive road and some portion of the land constituting of hatchery plant was also acquired by (cont.1)

BEACHHATCH 24-Dec-2020

There will be no price limit on the trading of the shares of the Company today (24.12.2020) 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.

BEACHHATCH 24-Dec-2020

(Cont. of BEACHHATCH): Date, Time & Venue of the 24th and 25th Annual General Meeting will be notified later. The 24th Annual General Meeting will be held, subject to approval from the Honorable High Court Division of the Supreme Court of Bangladesh. (end)

BEACHHATCH 24-Dec-2020

The Board of Directors has recommended No dividend for the year ended on June 30, 2020. Record date: 18.01.2021. The Company has also reported EPS of Tk. (0.34), NAV per share of Tk. 9.80 and NOCFPS of Tk. 0.0013 for the year ended on June 30, 2020 as against Tk. (0.36), Tk. 10.14 and Tk. (0.0031) respectively for the same period of the previous year. (cont.)

BEACHHATCH 17-Dec-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 December 23, 2020 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2020.

BEACHHATCH 28-Jun-2020

(Q3 Un-audited): EPS was Tk. (0.23) for January-March 2020 as against Tk. (0.08) for January-March 2019; EPS was Tk. (0.32) for July 2019-March 2020 as against Tk. (0.26) for July 2018-March 2019. NOCFPS was Tk. 0.0125 for July 2019-March 2020 as against Tk. (0.0001) for July 2018-March 2019. NAV per share was Tk. 9.82 as on March 31, 2020 and Tk. 10.14 as on June 30, 2019.

BEACHHATCH 24-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 25, 2020 at 2:00 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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