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DESCO

All Eps Dividend Board Agm Q1 Q2 Q3

DESCO 06-Nov-2017

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 benefits from 07.11.2017 to 08.11.2017. Trading of the shares of the Company will remain suspended on record date i.e., 09.11.2017.

DESCO 26-Oct-2017

(Continuation news of DESCO): in the accounts 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 26-Oct-2017

(Basis for Qualified Opinion): The auditor of the Company has given the following "Basis for Qualified Opinion" in the audit report of the company for the year ended on 30 June 2017: Basis for Qualified Opinion: As mentioned in Note 21.03 to the financial statements, the valuation of assets in Gulshan and Tongi area of Tk. 279 crore, (13.6%) out of total non-current assets of Tk. 2,047 crore, handed over by the predecessor company-DESA to DESCO is included (cont.)

DESCO 02-Oct-2017

There will be no price limit on the trading of the shares of the Company today (02.10.2017) following its corporate declaration.

DESCO 02-Oct-2017

The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2017. Date of AGM: 06.01.2018, Time: 10:00 AM, Venue: PSC Convention Hall, Mirpur-14, Dhaka-1206. Record Date: 09.11.2017. The Company has also reported EPS of Tk. 0.44, NAV per share of Tk. 37.78 and NOCFPS of Tk. 5.98 for the year ended on 30.06.2017 as against Tk. 1.12, Tk. 36.85 and Tk. 8.24 respectively for the same period of the previous year.

DESCO 21-Sep-2017

As per Regulation 19(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 September 28, 2017 at 7:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.

DESCO 30-Apr-2017

(Q3 Un-audited): EPS was Tk. (0.39) for January-March, 2017 as against Tk. (0.24) for January-March, 2016; EPS was Tk. 0.94 for July, 2016-March, 2017 as against Tk. 1.12 for July, 2015-March, 2016. NOCFPS was Tk. 0.60 for July, 2016-March, 2017 as against Tk. 3.99 for July, 2015-March, 2016. NAV per share was Tk. 37.49 as of March 31, 2017 and Tk. 37.04 as of June 30, 2016.

DESCO 23-Apr-2017

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 April 27, 2017 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.

DESCO 08-Feb-2017

The Company has informed that it has dispatched cash dividend warrant for the year ended on June 30, 2016.

DESCO 26-Jan-2017

(Additional information) (Q2 Un-audited): The Company has further informed that NAV per share was Tk. 37.04 as of June 30, 2016. Other information will remain unchanged.

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