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DACCADYE

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DACCADYE 06-Jul-2021

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 with cum benefit from 07.07.2021 to 11.07.2021. Trading of the shares of the Company will remain suspended on record date i.e., 12.07.2021.

DACCADYE 05-Jul-2021

(Continuation news of DACCADYE): Such frequent revaluations are unnecessary for items of property, plant & equipment with only insignificant changes in fair value. Instead, it may be necessary to revalue the items only every three or five years. (end)

DACCADYE 05-Jul-2021

(Continuation news of DACCADYE): When the fair value of revalued assets differs materially from its carrying amount, a further revaluation is required. Some items property, plant and equipment experience significant and volatile changes in fair value, thus necessitating annual revaluation. (cont.2)

DACCADYE 05-Jul-2021

The auditor of the The Dacca Dyeing & Manufacturing Co.Ltd. has given the "Qualified Opinion" paragraphs in the Auditor's Report for the year ended on 30 June 2020. Qualified Opinion: 1. A fixed asset register is not maintained for property, plant and equipment. 2. Revaluation of fixed assets was done in 2010 but as per IAS-16, the frequency of revaluation depends upon the changes in fair values of items of property, plant & equipment being revalued. (cont.1)

DACCADYE 05-Jul-2021

(Continuation news of DACCADYE): Such frequent revaluations are unnecessary for items of property, plant & equipment with only insignificant changes in fair value. Instead, it may be necessary to revalue the items only every three or five years. (end)

DACCADYE 05-Jul-2021

(Continuation news of DACCADYE): When the fair value of revalued assets differs materially from its carrying amount, a further revaluation is required. Some items property, plant and equipment experience significant and volatile changes in fair value, thus necessitating annual revaluation. (cont.2)

DACCADYE 05-Jul-2021

The auditor of the The Dacca Dyeing & Manufacturing Co.Ltd. has given the "Qualified Opinion" paragraphs in the Auditor's Report for the year ended on 30 June 2019. Qualified Opinion: 1. A fixed asset register is not maintained for property, plant and equipment. 2. Revaluation of fixed assets was done in 2010 but as per IAS-16, the frequency of revaluation depends upon the changes in fair values of items of property, plant & equipment being revalued. (cont.1)

DACCADYE 05-Jul-2021

(Continuation news of DACCADYE): Such frequent revaluations are unnecessary for items of property, plant & equipment with only insignificant changes in fair value. Instead, it may be necessary to revalue the items only every three or five years. (end)

DACCADYE 05-Jul-2021

(Continuation news of DACCADYE): When the fair value of revalued assets differs materially from its carrying amount, a further revaluation is required. Some items property, plant and equipment experience significant and volatile changes in fair value, thus necessitating annual revaluation. (cont.2)

DACCADYE 05-Jul-2021

The auditor of the The Dacca Dyeing & Manufacturing Co.Ltd. has given the "Qualified Opinion" paragraphs in the Auditor's Report for the year ended on 30 June 2018. Qualified Opinion: 1. A fixed asset register is not maintained for property, plant and equipment. 2. Revaluation of fixed assets was done in 2010 but as per IAS-16, the frequency of revaluation depends upon the changes in fair values of items of property, plant & equipment being revalued. (cont.1)

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