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DESCO

All Eps Dividend Board Agm Q1 Q2 Q3

DESCO 03-Dec-2018

(Continuation news of DESCO): on an estimated basis and is not agreed with DESA. Both the entities are governed by Bangladesh Power Development Board (BPDB) under the Ministry of Power, Energy and Mineral Resources. As per IFRS 3, para 18, Business Combination, Assets and Liabilities so acquired are to be measured at their acquisition- date fair value. Updated fair valuation of those assets received from DESA were not done since 2006. (end)

DESCO 03-Dec-2018

Qualified Opinion: The auditor of the company has given the following "Qualified Opinion" in the audit report of the company for the year ended on 30 June 2018: Basis for Qualified Opinion: As mentioned in Note 21.03 to the financial statements, the valuation of assets of Tk. 279 crore, (10.02%) out of total non-current assets of Tk. 2,784 crore, handed over by the predecessor Company-DESA to DESCO is included in the accounts of DESCO (cont.)

DESCO 22-Nov-2018

Trading of the shares of the Company will resume on 25.11.2018 after record date.

DESCO 20-Nov-2018

Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2018.

DESCO 18-Nov-2018

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 19.11.2018 to 20.11.2018. Trading of the shares of the Company will remain suspended on record date i.e., 22.11.2018.

DESCO 13-Nov-2018

(Q1 Un-audited): EPS was Tk. 0.95 for July-September 2018 as against Tk. 0.53 for July-September 2017; NOCFPS was Tk. 1.75 for July-September 2018 as against Tk. 1.71 for July-September 2017. NAV per share was Tk. 41.09 as on September 30, 2018 and Tk. 38.31 as on June 30, 2018.

DESCO 06-Nov-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 November 12, 2018 at 6:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2018.

DESCO 21-Oct-2018

There will be no price limit on the trading of the shares of the Company today (21.10.2018) following its corporate declaration.

DESCO 21-Oct-2018

(Continuation news of DESCO): the following: EPS increased due to increase of retail tariff with effect from December 01, 2017. Total revenue from Operation, Gross Profit and Operating profit increased due to increase of retail tariff. Income from other source (Net) decreased due to increase of interest expenses and fluctuation loss. Net Income increased due to increase of retail tariff. (end)

DESCO 21-Oct-2018

The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2018. Date of AGM: 12.01.2019, Time: 10:00 AM, Venue: PSC Convention Hall, Mirpur-14, Dhaka-1206. Record Date: 22.11.2018. The Company has also reported EPS of Tk. 1.27, NAV per share of Tk. 40.13 and NOCFPS of Tk. 7.64 for the year ended on June 30, 2018 as against Tk. 0.44, Tk. 37.78 and Tk. 5.98 respectively for the same period of the previous year. The Company has also informed (cont.)

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