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FINEFOODS

All Eps Dividend Board Agm Q1 Q2 Q3

FINEFOODS 02-Jan-2020

The Company has informed that the approved cash dividend warrants for the year ended on June 30, 2019 to the respective shareholders will disburse from January 05 to January 07, 2020. The general shareholders dividend warrant will be distributed from the Head Office of the Company, New market City Complex (Level -6), 44/1, Rahim Square, New Market, Dhaka -1205 as at 11:30 AM to 4:30 PM on said days and margin account holders dividend warrant will disburse by courier services.

FINEFOODS 21-Nov-2019

(Continuation news of FINEFOODS): 2. As per the Income Tax Ordinance, 1984, Section 30(i), Any payment by way of salary or remuneration made otherwise that by crossed cheque or bank transfer by a person to any employee having gross monthly salary of taka fifteen thousand or more will be inadmissible. We have found that the company save made cash payments to several employees every month that is over Tk. 15,000. (end)

FINEFOODS 21-Nov-2019

(Continuation news of FINEFOODS): Management did not perform any fair value calculations and hence we do not have the necessary information to quantify the misstatement. Consequently, we are unable to quantify the necessary adjustment amount for the relevant financial statement line items. Note: 5.00: Capital Stock as on 30.06.2019 was Tk. 10,478,734 and as on 30.06.2018 was Tk. 8,085,384. (Cont. 2)

FINEFOODS 21-Nov-2019

Qualified Opinion: 1. As disclosed in the note 5.00 of the financial statements regarding Capital Stock of Tk. 10, 478,734. The amount includes plantation and livestock. As per IAS 41 the following falls under Biological Asset. Biological Assets within the scope of IAS 41 are measured on initial recognition and at subsequent reporting dates at Fair value less estimated cost to sell. The company have been valuing the asset at Historical cost which is a direct noncompliance with IAS 41. (Cont. 1)

FINEFOODS 19-Nov-2019

Trading of the Shares of the Company will resume on 20.11.2019 after record date.

FINEFOODS 18-Nov-2019

Trading of the shares of the Company will remain suspended on record date i.e., 19.11.2019.

FINEFOODS 14-Nov-2019

(Q1 Un-audited): EPS was Tk. 0.344 for July-September, 2019 as against Tk. 0.026 for July-September, 2018; NOCFPS was Tk. (0.005) for July-September, 2019 as against Tk. 0.016 for July-September, 2018. NAV per share was Tk. 11.182 as on September 30, 2019 and Tk. 10.934 as on September 30, 2018.

FINEFOODS 14-Nov-2019

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 17.11.2019 to 18.11.2019. Trading of the shares of the Company will remain suspended on record date i.e., 19.11.2019.

FINEFOODS 07-Nov-2019

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, 2019 at 3.00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2019.

FINEFOODS 30-Oct-2019

There will be no price limit on the trading of the shares of the Company today (30.10.2019) following its corporate declaration.

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