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BSCPLC

All Eps Dividend Board Agm Q1 Q2 Q3

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)

BSCPLC 24-Oct-2021

The Board of Directors has recommended 37% cash dividend for the year ended on June 30, 2021. Date of AGM: 07.12.2021, Time: 11:00 AM, Venue: Digital Platform. Record Date: 11.11.2021. The Company has also reported EPS of Tk. 11.57, NAV per share of Tk. 52.49 and NOCFPS of Tk. 15.18 for the year ended on June 30, 2021 as against Tk. 5.49, Tk. 44.45 and Tk. 6.87 respectively for the same period of the previous year. (cont.-1)

BSCPLC 10-Oct-2021

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 October 21, 2021 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.

BSCPLC 14-Sep-2021

The Company has informed that, in accordance with the provisions of sub-section (ka) of section 11ka of the Companies Act, 1994, the Board of Directors has given approval to change the name of the Company from existing name "Bangladesh Submarine Cable Company Limited" (BSCCL) to "Bangladesh Submarine Cables PLC " (BSCPLC) subject to consent of concerned authority, if any.

BSCPLC 14-Sep-2021

(Cont. BSCCL): The Company has also informed that out of the total estimated cost of the project BDT 69,316.71 lac, the government will invest BDT 39,233.67 lac and BSCCL will invest BDT 30,083.04 lac. (End)

BSCPLC 14-Sep-2021

The Company has informed that the Board of Directors has given approval under the project titled 'Installation of Third Submarine Cable for Expansion of International Telecommunication System of Bangladesh', for drafting of Construction and Maintenance Contract (C&MA) by SMW-6 Consortium II & ASC and signing of Supply Contract with the contractor selected by the consortium. (Cont.)

BSCPLC 09-Sep-2021

In response to a DSE query dated September 09, 2021, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.

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