BullBD Old Apps Site
Home
Details Chart Today news Share news Top gainer Top Looser Upcoming events
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0 1 2 3 4 5 6 7 8 9 All
Bank Cement Ceramics Sector Corporate Bond Engineering Financial Institutions Food & Allied Fuel & Power IT Sector Insurance Jute Life Insurance Miscellaneous Mutual Funds Paper & Printing Pharmaceuticals & Chemicals Services & Real Estate Tannery Industries Telecommunication Textile Travel & Leisure All
  • Details
  • Chart
  • News

BSCPLC

All Eps Dividend Board Agm Q1 Q2 Q3

BSCPLC 01-Nov-2021

(Continuation news of BSCCL): to Share capital and was not considered as potential share to calculate the Net Assets Value (NAV) per share and Earning per Share (EPS). For that reason, as on reporting date both Net Assets Value (NAV) per share and Earning per Share (EPS) of the company is overstated. As the potential share is not identified by the management of BSCCL, the value of overstatement of Net Assets Value (NAV) per share and Earning per Share (EPS) could not be quantified. (end)

BSCPLC 01-Nov-2021

(Continuation news of BSCCL): As per the said notification any amount received from investor as share capital or call by whatever name that was considered as part of equity in the Financial Statements shall be converted to share capital within six months. Further, till to date of conversion of share money deposit to share capital, the amount of share money deposit' shall be considered as potential share. As on 30 June 2021 BSCCL did not convert the amount of Tk. 1,660,000,000 as equity money (cont.4)

BSCPLC 01-Nov-2021

(Continuation news of BSCCL): Government of the People's Republic of Bangladesh and in compliance with the guidelines and policies issued by Finance Division for issuing equity capital. On 11 February 2020 Financial Reporting Council (FRC) has issued a notification (Notification No. 146/FRC/Admin(Notification/2020/01) regarding Accounting and Reporting on Share Money Deposit. (cont.3)

BSCPLC 01-Nov-2021

(Continuation news of BSCCL): Telecommunications Project, Bangladesh (Installation and Establishment of Second Submarine Cable System (SMW5)) as Equity Money with condition that the said amount will be converted into Equity Capital in favour of Ministry of Posts, Telecommunications and Information Technology (MoPT & IT) through issuing Share after implementing the project and getting proper approval from the Concerned Authority of the (cont.2)

BSCPLC 01-Nov-2021

The auditor of the Bangladesh Submarine Cable Company Limited has given the "Qualified Opinion" paragraphs in the Auditor's Report for the year ended on 30 June, 2021. Qualified Opinion: In the year 2015-2016 & 2016-2017, Bangladesh Submarine Cable Company Limited (BSCCL) received amounted to Taka 1,660,000,000 in six different phases from the Government of the People's Republic of Bangladesh for the purpose of implementing the Regional Submarine (cont.1)

BSCPLC 24-Oct-2021

There will be no price limit on the trading of the shares of the Company today (24.10.2021) following its corporate declaration.

BSCPLC 24-Oct-2021

(Continuation news of BSCCL): BSCCL has emphasized on revenue collection and took some stern steps for the realization which led to significant increment of Cash Received from clients as disclosed in the Statement of Cash Flow. Moreover, there is a positive impact on Cash flows due to realization of long pending outstanding from BTCL and BSNL,India and from other parties also during the year. Consequently, Net Operating Cash Flow per Share of BSCCL has been increased compared to that of previous year.(end)

BSCPLC 24-Oct-2021

(Continuation news of BSCCL): EPS has been increased due to increase in Revenue and there was no significant additional expenditure against the increased revenue. During this year, BSCCL management has decided to reverse a sum of provision for bad and doubtful debts made in previous year or years due to realization of long pending outstanding from BTCL and BSNL, India. As such there is a positive impact of EPS enhancement. There was no significant Extraordinary Transactions during this year. (cont.4)

BSCPLC 24-Oct-2021

(Continuation news of BSCCL): licensing guidelines; 1. Annual License Fee of Tk. 3 crore payable by BSCCL in advance from the first anniversary of the date of issuance of the License. 2. No Revenue (0%) shall be shared for the first year of operation. However, BSCCL has to pay 3% (three percent) of the annual audited gross revenue generated under the License, which is to be paid on a quarterly basis within the first 10 (ten) days at the end of each quarter. (cont.3)

BSCPLC 24-Oct-2021

The Company has informed that the Board of Directors of BSCCL has approved applying for Submarine Cable Systems and Services License for the company. The Board of Directors has also approved the deposit of Taka 11.50 crore (including VAT) as License Acquisition Fee for the Submarine Cable Systems and Services License to BTRC. It is mentionable that after being granted the above-mentioned License, BSCCL will have to pay the following fees and charges to BTRC as per their (cont.2)

Previous Next page