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CENTRALPHL

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CENTRALPHL 25-Jan-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 January 30, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.

CENTRALPHL 17-Dec-2020

Mrs. Morsheda Ahmed, one of the Directors of the Company, has expressed her intention to buy 49,25,815 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within next 30 working days.

CENTRALPHL 26-Nov-2020

Trading of the shares of the Company will resume on 29.11.2020 after record date.

CENTRALPHL 25-Nov-2020

Trading of the shares of the Company will remain suspended on record date i.e., 26.11.2020.

CENTRALPHL 23-Nov-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 from 24.11.2020 to 25.11.2020. Trading of the shares of the Company will remain suspended on record date i.e., 26.11.2020.

CENTRALPHL 22-Nov-2020

(Continuation news of CENTRALPHL): 6. Net Sales have been shown Tk. 140,091,702 against which no proper documents could be provided to us. 7.No proper documents could be provided to us against purchase of raw materials and packing materials of amounting Tk. 44,927,351 and Tk. 22,654,457. (end)

CENTRALPHL 22-Nov-2020

(Continuation news of CENTRALPHL): could be provided to us. The company did not have details of receivables or any policy regarding recoverability of these receivables. Hence, recovery of accounts receivable was doubtful and no provision for bad debts was accounted for in last year. 5. In note no. 21 of the financial statements, amount of Tk. 3,152,249 was shown paid against Workers' Profit Participation Fund against which no proper documents was provided to us. (cont.10)

CENTRALPHL 22-Nov-2020

(Continuation news of CENTRALPHL): accounted for in previous years which were taken into consideration in current year. However, no detailed calculation or supporting could be provided by the management on the balances written off. As per our qualification last year, we observed that the balance of accounts receivable had been increasing years to years. No status report or confirmation certificate of lying balances of last year with the concerned sales centers and parties (cont.9)

CENTRALPHL 22-Nov-2020

(Continuation news of CENTRALPHL): to us conforming the inventory or its net realizable value or any provision was made. 4. The management of the company has written off trade receivables of Tk. 583,386,646 during the year against which no supporting documents could be provided to us. As per the management, there were long cumulative outstanding amounts, untraceable medicine shops and medical officers, unadjusted returned expired products that were not (cont.8)

CENTRALPHL 22-Nov-2020

(Continuation news of CENTRALPHL): to purchase, production capacity, cost of goods sold and turnover as a whole and had been increasing years to years. No technical status report was provided to us on the quantity, quality and value of inventories last year. Physical existence with good condition and saleable value of major portion of inventories was doubtful, as movement of inventory were not recorded properly by the company and no valid evidence were provided (cont.7)

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