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GQBALLPEN

All Eps Dividend Board Agm Q1 Q2 Q3

GQBALLPEN 26-Jan-2021

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 January 31, 2021 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.

GQBALLPEN 23-Dec-2020

(Q1 Un-audited): EPS was Tk. (4.72) for July-September 2020 as against Tk. (0.48) for July-September 2019; NOCFPS was Tk. (0.80) for July-September 2020 as against Tk. (0.64) for July-September 2019. NAV per share was Tk. 133.43 as on September 30, 2020 and Tk. 134.21 as on June 30, 2020.

GQBALLPEN 20-Dec-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 December 22, 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.

GQBALLPEN 15-Dec-2020

Trading of the shares of the Company will resume on 17.12.2020 after record date.

GQBALLPEN 14-Dec-2020

Trading of the shares of the Company will remain suspended on record date i.e., 15.12.2020.

GQBALLPEN 10-Dec-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 13.12.2020 to 14.12.2020. Trading of the shares of the Company will remain suspended on record date i.e., 15.12.2020.

GQBALLPEN 09-Dec-2020

(Continuation news of GQBALLPEN): moreover the company's current assets exceeded its total current liability by BDT 291,563,009. Hence, the Financial Statements have been prepared on a going concern basis. As per management assessment, there are no materials uncertainties related to events or conditions which may cast significant doubt upon the Company's ability to continue as going concerned. (end)

GQBALLPEN 09-Dec-2020

(Continuation news of GQBALLPEN): Due to the pandemic, all the educational institutions have remained closed for most of this year and will remain closed for the foreseeable future. However, the Company has other incomes as well as an under construction 14 storied commercial building, 50% which is owned by the company. Revenue from the rent will be sufficient to provide adequate returns to the shareholders; (cont.5)

GQBALLPEN 09-Dec-2020

(Continuation news of GQBALLPEN): concern. Our opinion is not modified in respect of this matter. Note 2.05 Going Concern: Since the Company has been making an operating loss and net operating cash flow negative for a few years, the company had planned to import new molds to catch the competitive market with producing modern ball pens and also had a plan to import stationery items to boost up the sales but all have been delayed due to coronavirus pandemic. (cont.4)

GQBALLPEN 09-Dec-2020

(Continuation news of GQBALLPEN): during the year ended 30 June, 2020 and net loss of BDT 15.32 million for the year ended 30 June 2019 and, as of that date; the company's operating cash flow was negative by BDT 24.90 million and BDT 27.80 million respectively. These events or conditions, along with other matters as set forth in note # 2.05, indicate that a material uncertainty exists that may cast significant doubt about the company's ability to continue as a going (cont.3)

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