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FUWANGFOOD

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FUWANGFOOD 02-Nov-2014

(Qualified Opinion): "Rahman Mostafa Alam & Co.", Auditor of the company, has given the following Qualified Opinion in the audit report of the company for the year ended on 30 June, 2014: "The Company has a subsidiary namely Fu-Wang Bevarage Ltd. by holding 99% shares of that company but consolidated Financial Statements were not prepared as per BAS 27 and the Companies Act 1994 whose accounting year ended on 31.12.2013."

FUWANGFOOD 19-Jun-2014

Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating of the Company as "BBB3" based on audited financial statements of the Company up to June 30, 2013, un-audited statement up to March 31, 2014, bank liability position as on April 30, 2014 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

FUWANGFOOD 04-May-2014

(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported net profit after tax of Tk. 31.08 million with EPS of Tk. 0.47 as against Tk. 12.16 million and Tk. 0.18 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 47.44 million with EPS of Tk. 0.72 for the period of nine months (July'13 to March'14) ended on 31.03.2014 as against Tk. 50.35 million and Tk. 0.76 respectively for the same period of the previous year.

FUWANGFOOD 02-Feb-2014

(H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported net profit after tax of Tk. 16.35 million with EPS of Tk. 0.25 as against Tk. 38.18 million and Tk. 0.58 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 3.83 million with EPS of Tk. 0.06 for the period of 3 months (Oct'13 to Dec'13) ended on 31.12.2013 as against Tk. 19.38 million and Tk. 0.29 respectively for the same period of the previous year.

FUWANGFOOD 13-Jan-2014

The Company has informed that it has credited the bonus shares for the year ended on June 30, 2013 to the respective shareholders' BO Accounts on January 13, 2014.

FUWANGFOOD 20-Nov-2013

Normal trading of the shares of the Company will resume on 21.11.2013 after record date.

FUWANGFOOD 19-Nov-2013

Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2013.

FUWANGFOOD 17-Nov-2013

(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2013 (July'13 to Sep'13), the Company has reported net profit after tax of Tk. 12.52 million with basic EPS of Tk. 0.21 as against Tk. 18.80 million and Tk. 0.31 respectively for the same period of the previous year. However, considering proposed bonus share @ 10% for the year 2013, restated basic EPS will be Tk. 0.19 as on 30.09.2013 and Tk. 0.29 as on 30.09.2012.

FUWANGFOOD 14-Nov-2013

(Qualified Opinion): 'Rahman Mostafa Alam & Co.', Auditor of the company, has given the following Qualified Opinion in the audit report of the company for the year ended on 30 June 2013: "The Company has a subsidiary namely Fu-Wang Beverage Ltd by holding 99% share of that company but consolidated Financial Statements were not prepared as per BAS 27 and the Companies Act 1994 whose accounting year ended on 31.12.2012."

FUWANGFOOD 14-Nov-2013

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 17.11.2013 to 19.11.2013. Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2013.

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