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DOREENPWR

All Eps Dividend Board Agm Q1 Q2 Q3

DOREENPWR 25-Nov-2020

Trading of the shares of the Company will remain suspended on record date i.e., 26.11.2020.

DOREENPWR 23-Nov-2020

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 24.11.2020 to 25.11.2020. Trading of the shares of the Company will remain suspended on record date i.e., 26.11.2020.

DOREENPWR 15-Nov-2020

(Q1 Un-audited): Consolidated EPS was Tk. 2.21 for July-September 2020 as against Tk. 2.15 for July-September 2019; Consolidated NOCFPS was Tk. (4.05) for July-September 2020 as against Tk. 2.28 for July-September 2019. Consolidated NAV per share with revaluation was Tk. 46.89 as on September 30, 2020 and Tk. 44.68 as on June 30, 2020. NOCFPS decreased due to significant increase in trade receivable of two subsidiaries.

DOREENPWR 09-Nov-2020

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 14, 2020 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.

DOREENPWR 29-Oct-2020

(Continuation news of DOREENPWR): This is also supported by opinion obtained by the management from external legal counsel. Our opinion is not modified in respect of this matter. (end)

DOREENPWR 29-Oct-2020

(Continuation news of DOREENPWR): on the ground that Bangladesh Independent Power Producers Association (BIPPA) has made an application to the Ministry of Labour and Employment ("the Ministry") for exemption from the implementation of the required provision of WPPF on 13 March 2017. Hence, the management has decided not to provide any provision for WPPF since 31 March 2017. (cont.2)

DOREENPWR 29-Oct-2020

The auditor of Doreen Power Generations and Systems Limited has given the following Emphasis of Matter in the audit report of the Company prepared for the year ended on 30 June 2020. Emphasis of Matter: We draw attention to the accompanying note-3.7(a) to the financial statements where the management describes that Workers' Profit Participation Fund (WPPF) provision is not required according to the Bangladesh Labour Act 2006 (amended in 2013) (cont.1)

DOREENPWR 29-Oct-2020

There will be no price limit on the trading of the shares of the Company on 29.10.2020 for following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.

DOREENPWR 29-Oct-2020

(Continuation news of DOREENPWR): ii) Bonus shares is declared out of accumulated profit. iii) Bonus shares is not declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the company or through reducing paid up capital or through doing anything so that the post-dividend retained earnings become negative or a debit balance. (end)

DOREENPWR 29-Oct-2020

(Continuation news of DOREENPWR): Reasons for bonus share: i) Bonus shares are issued to retain profit for further investment and retained profit will be used as equity investment in Chandpur Power Generations Limited which is 99.90% owned subsidiary of the company (cont.3)

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