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BSCPLC

All Eps Dividend Board Agm Q1 Q2 Q3

BSCPLC 17-Aug-2021

The Company has informed that the Board of Directors has approved the revaluation of Fixed Assets of the Company based on Audited Financial Statements as on June 30, 2020. The Revaluation of Fixed Assets (without tax adjustment if any) has been increased from BDT 648,44,07,739.00 to BDT 721,03,54,261.00. Revaluation surplus was BDT 72,59,46,522.00.

BSCPLC 02-Jun-2021

(cont. of BSCCL): Hence, BSCCL believes that the concerns expressed in various media outlets regarding the shortage of submarine cable capacity in the country in near future will be dispelled. For more information regarding the above stated issues you are requested to visit the website of BSCCL, i.e. http://www.bsccl.com/ (end)

BSCPLC 02-Jun-2021

(cont. of BSCCL): As such, different ongoing process is regularly followed up with action plan to meet the projected bandwidth demand in the country. Owing to the various upgradations lined up for SMW-4 and SMW-5 submarine cables, BSCCL expects to fully meet the national demand for submarine cable capacity in the country till the launch of SMW-6. (cont. 2)

BSCPLC 02-Jun-2021

The company has informed that some national print and electronic media have recently published articles regarding the possibility of shortage in submarine cable bandwidth capacity in Bangladesh in the near future, before the inauguration of SMW-6 submarine cable in Bangladesh. In this regard, BSCCL would like to inform that as a government owned responsible company, BSCCL is always committed in fulfilling the demand for submarine cable capacity in the country. (cont. 1)

BSCPLC 25-May-2021

(cont. of BSCCL): Significant Increase in Operating Cash flows: BSCCL has emphasized on revenue collection and took some stern steps for the realization which led to significant increment of Cash Received from clients. (end)

BSCPLC 25-May-2021

(cont. of BSCCL): EPS has been increased due to increase in Revenue and there was no significant additional expenditure against the increased revenue. During this period, BSCCL management has decided to release a sum of provision for bad and doubtful debts made earlier period or years due to realisation of long pending outstanding Tk.36,89,65,459 from BTCL and Tk.7,09,56,771 from BSNL, India. As such there is a positive impact of EPS enhancement. (cont.2)

BSCPLC 25-May-2021

(Q3 Un-audited): EPS was Tk. 3.20 for January-March 2021 as against Tk. 1.72 for January-March 2020; EPS was Tk. 7.57 for July 2020-March 2021 as against Tk. 3.98 for July 2019-March 2020. NOCFPS was Tk. 9.08 for July 2020-March 2021 as against Tk. 5.81 for July 2019-March 2020. NAV per share was Tk. 48.50 as on March 31, 2021 and Tk. 40.93 as on June 30, 2020. (cont.1)

BSCPLC 19-May-2021

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 May 24, 2021 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.

BSCPLC 12-May-2021

(cont. of BSCCL): at the time of transfer, provided by Saudi Telecom, the company has further informed that capacity transfer primary on IRU basis and next on SEA-ME-WE 5 consortium approval, MIU on transfer, the formal agreement has been signed between the parties. (end)

BSCPLC 12-May-2021

Refer to the earlier news disseminated on DSE dated 13.01.2021, regarding transfer capacity from the western part of the core cable of the SMW-5 submarine cable to Yanbu in Saudi Arabia to Marseille PoP in France of at a one-time fee of USD 3.6 million subject to applicable operating and maintenance costs for the specified capacity (cont. 1)

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