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DESCO

All Eps Dividend Board Agm Q1 Q2 Q3

DESCO 22-Apr-2015

(Q3 Un-audited): Net Profit after tax from (Jan'15 to March'15) was Tk. 304.81 million with EPS of Tk. 0.81 as against Tk. 52.45 million and Tk. 0.14 respectively for the same period of the previous year. Whereas Net Profit after tax from July'14 to March'15 was Tk. 1,151.43 million with EPS of Tk. 3.04 as against Tk. 244.39 million and Tk. 0.65 respectively for the same period of the previous year.

DESCO 25-Jan-2015

(H/Y Un-audited): Net Profit after tax from July'14 to Dec'14 was Tk. 846.62 million with EPS of Tk. 2.24 as against Tk. 191.94 million and Tk. 0.51 respectively for the same period of the previous year. Whereas net profit after tax from Oct'14 to Dec'14 was Tk. 472.98 million with EPS of Tk. 1.25 as against Tk. 173.13 million and Tk. 0.46 respectively for the same period of the previous year.

DESCO 01-Jan-2015

The Company has informed that Brigadier General Md. Shahid Sarwar, ndc, psc (Rtd.) has been appointed as the Managing Director of the Company with effect from December 30, 2014.

DESCO 13-Nov-2014

(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported net profit after tax of Tk. 373.65 million with basic EPS of Tk. 1.09 as against Tk. 18.81 million and Tk. 0.05 respectively for the same period of the previous year. However, considering proposed bonus share @ 10% for the year 2014, restated basic EPS will be Tk. 0.99 as on 30.09.2014 and Tk. 0.049 as on 30.09.2013.

DESCO 13-Nov-2014

Normal trading of the shares of the Company will resume on 16.11.2014 after record date.

DESCO 12-Nov-2014

Trading of the shares of the Company will remain suspended on record date i.e., 13.11.2014.

DESCO 10-Nov-2014

Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 11.11.2014 to 12.11.2014. Trading of the shares of the Company will remain suspended on record date i.e., 13.11.2014.

DESCO 29-Oct-2014

The Company has further informed that the 18th AGM of the Company will be held on January 03, 2015 at 10:00 AM at Baridhara DOHS Convention Centre, Baridhara, Dhaka Cantonment, Dhaka. Other information of the AGM as announced earlier.

DESCO 28-Oct-2014

(Qualified Opinion): "MABS & J Partners", Auditor of the company, has given the following Qualified Opinion Paragraph in the audit report of the company for the year ended on 30th june, 2014: 'Reference to Note No 1.4.2.3' "DESCO acquired assets from DESA, for an amount of Tk. 2,793,960,000", but the value of these assets were estimated by DESCO, not by any independednt valuation firm. Note No 1.4.2.3' "Independent valuers had been appointed to physically verify and value the assets taken over by the company from DESA. The valuers have submitted their draft report which has been placed by the management before the board for finalization."

DESCO 28-Oct-2014

(Qualified Opinion): "MABS & J Partners", Auditor of the company, has given the following Qualified Opinion Paragraph in the audit report of the company for the year ended on 30th june, 2014: 'Reference to Note No 1.4.2.3' "DESCO acquired assets from DESA, for an amount of Tk. 2,793,960,000", but the value of these assets were estimated by DESCO, not by any independednt valuation firm. Note No 1.4.2.3' "Independent valuers had been appointed to physically verify and value the assets taken over by the company from DESA. The valuers have submitted their draft report which has been placed by the management before the board for finalization."

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