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DESCO

All Eps Dividend Board Agm Q1 Q2 Q3

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 07-Apr-2014

After getting consent from Bangladesh Securities & Exchange Commission (BSEC), Erstwhile Dhaka Electric Supply Authority (DESA), one of the Sponsors of the Company, has expressed its intention to transfer 2,92,81,130 shares (Bonus shares) of the Company in favor of "Bangladesh Power Development Board (BPDB)" by way of transfer outside the trading system of the Stock Exchange within April 30, 2014.

DESCO 03-Apr-2014

Bangladesh Securities & Exchange Commission (BSEC) has accorded its consent to transfer of total 2,92,81,130 shares (Bonus Shares) of Dhaka Electric Supply Company Ltd. (DESCO) from Dhaka Electric Supply Authority (DESA) to Bangladesh Power Develpoment Board Limited outside the trading system of the Exchange under the regulation 42(2)(b) of Listing Regulations of Dhaka Stock Exchange Limited.

DESCO 27-Oct-2013

The Board of Directors has recommended cash dividend @ 10% (i.e. Tk. 1.00 per share of Tk. 10.00 each) and stock dividend @ 15% for the year ended on June 30, 2013. Date of AGM: 04.01.2014, Time: 10:00 AM, Venue: Trust Milonayaton, 545, Old Airport Road, Tejgaon, Dhaka-1206. Record date: 05.11.2013. The Company has also reported net profit after tax of Tk. 804.65 million, EPS of Tk. 2.69, NAV per share of Tk. 35.96 and NOCFPS of Tk. 10.76 for the year ended on June 30, 2013.

DESCO 24-Oct-2013

As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on October 26, 2013 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2013.

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