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DACCADYE

All Eps Dividend Board Agm Q1 Q2 Q3

DACCADYE 12-Feb-2018

Repeat News (Q2 Un-audited): EPS was Tk. (0.78) for October-December, 2017 as against Tk. (0.72) for October-December, 2016; EPS was Tk. (1.57) for July-December, 2017 as against Tk. (1.52) for July-December, 2016. NOCFPS was Tk. 0.0018 for July-December, 2017 as against Tk. 0.0053 for July-December, 2016. (cont.)

DACCADYE 30-Jan-2018

(Continuation news of DACCADYE): NAV per share (with Revaluation reserves) was Tk. 13.76 as on December 31, 2017 and Tk. 15.32 as on June 30, 2017 and NAV per share (without Revaluation reserves) was Tk. 1.72 as on December 31, 2017 and Tk. 3.18 as on June 30, 2017. (end)

DACCADYE 30-Jan-2018

(Q2 Un-audited): EPS was Tk. (0.78) for October-December, 2017 as against Tk. (0.72) for October-December, 2016; EPS was Tk. (1.57) for July-December, 2017 as against Tk. (1.52) for July-December, 2016. NOCFPS was Tk. 0.0018 for July-December, 2017 as against Tk. 0.0053 for July-December, 2016. (cont.)

DACCADYE 24-Jan-2018

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, 2018 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.

DACCADYE 23-Jan-2018

(Continuation news of DACCADYE): Titas Gas Transmission & Distribution Company Ltd. So currently dyeing department is not in operation; but weaving & stitching department is operation. But the company prepared financial statements considering the entity as going concern. However, basis of management assessment of going concern assumption disclosed in note 2.12. our opinion is not qualified in this regard. (end)

DACCADYE 23-Jan-2018

(Continuation news of DACCADYE): Instead, it may be necessary to revalue the items only every three or five years. Emphasis of Matter: The Company's net working capital is negative, operating cash flow negative, operating/gross profit negative and key financial ratios it indicates the company is facing going concern problem. The company did not pay loan and interest on loan during the year. The main source of power i.e. gas line has been disconnected by (cont. 3)

DACCADYE 23-Jan-2018

(Continuation news of DACCADYE): fair values of items of property, plant 6 & equipment being revalued. When the fair value of revalued assets differs materially from its carrying amount, a further revaluation is required. Some items of property, plant & equipment experience significant and volatile change in fair value, thus necessitating annual re-valuation. Such frequent re-valuations are unnecessary for items of property, plant & equipment with only insignificant changes in fair value. (cont. 2)

DACCADYE 23-Jan-2018

The auditor of the company has given the following "Qualified Opinion & Emphasis of Matter " Paragraphs in the audit report of the company for the year ended on 30 June 2017. Basis for Qualified Opinion: 01. A fixed asset register is maintained for property, plant & equipment but the same does not contain required information that normally kept in such register. 02. Re-valuation of fixed assets was done 6 years ago but as BAS-16, the frequency of revaluation depends upon the changes in (cont. 1)

DACCADYE 07-Dec-2017

Trading of the shares of the Company will resume on 10.12.2017 after record date.

DACCADYE 06-Dec-2017

Trading of the shares of the Company will remain suspended on record date i.e., 07.12.2017.

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