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GQBALLPEN

All Eps Dividend Board Agm Q1 Q2 Q3

GQBALLPEN 25-Nov-2021

(Continuation news of GQBALLPEN): has been restated because of change in tax rate by government authority on the assessment and thus it has impacted current year's tax computation. Deferred tax Liabilities (note-19.00) which was presented as Tk. 222,246,335 in 2020 has been restated to Tk. 218,442,283 and provision for deferred tax (note 37.01) which was Tk. 3,294,628 in 2020 has been restated to Tk. (509,424) in the financial statements. (end)

GQBALLPEN 25-Nov-2021

(Continuation news of GQBALLPEN): Retained earnings (note 18.00) which was Tk. 262,683,246 in 2020 has been restated to Tk. 270,203,416 and other liabilities (note-24.00) which was Tk. 19,348,868 in 2020 has been restated to Tk. 15,632,750 due to prior year adjustment of Tk. 3,716,118 regarding dividend payable (note-24.02), For the calculation of Deferred tax, the carrying value of Property, Plant and Equipment on tax basis for the year ended 2020 (cont.4)

GQBALLPEN 25-Nov-2021

(Continuation news of GQBALLPEN): The dead stocks were reported at cost divergent to lower of cost and net realizable value. Emphasis of matter: The investment in share and share money deposits to other entities which is presenting under investment head in statement of financial position amounting to TK. 95,552,380 (note-6.00) is being carried forward for a number of years. There has been no return on investments from these entities. (cont.3)

GQBALLPEN 25-Nov-2021

(Continuation news of GQBALLPEN): This amount is included in the previous year by restating other liabilities in contrast to applied retrospectively. b) The company has reported Tk.47,656,658 as loss on sales of dead stock in note 36.02 which is presented under the head of other income/(loss) to the statement of profit or loss and other comprehensive income. These inventories were included under current asset in the previous year which is presented in note 7.01. (cont.2)

GQBALLPEN 25-Nov-2021

The auditor of the GQ Ball Pen Industries Ltd has given the "Qualified Opinion" & "Emphasis of matter" paragraphs in the Auditor's Report for the year ended on 30 June, 2021. Basis for Qualified Opinion: a) We draw attention to note 24.02. Dividend amounting to Tk. 3,716,118 was payable for the year 2009-2010 was eventually paid in 2011. However, this was not recorded in the financial statements of 2010-2011. (cont.1)

GQBALLPEN 15-Nov-2021

(Q1 Un-audited): EPS was Tk. (0.91) for July-September 2021 as against Tk. (4.72) for July-September 2020; NOCFPS was Tk. 0.03 for July-September 2021 as against Tk. (0.80) for July-September 2020. NAV per share was Tk. 138.79 as on September 30, 2021 and Tk. 140.00 as on June 30, 2021.

GQBALLPEN 14-Nov-2021

There will be no price limit on the trading of the shares of the Company today (14.11.2021) following its corporate declaration.

GQBALLPEN 14-Nov-2021

(Continuation news of GQBALLPEN): Date of AGM: 23.12.2021, Time: 11:00 AM, Venue: Digital Platform. Record Date: 30.11.2021. The Company has also reported EPS of Tk. (7.56), NAV per share of Tk. 140.00 and NOCFPS of Tk. (2.85) for the year ended on June 30, 2021 as against Tk. (7.21) (restated), Tk. 135.06 (restated) and Tk. (2.79) respectively for the same period of the previous year. (end)

GQBALLPEN 14-Nov-2021

The Board of Directors has recommended 5% cash dividend for general shareholders excluding Sponsors/Directors for the year ended on June 30, 2021. The Sponsors/Directors hold 37,38,813 shares out of total 89,28,091 shares of the Company and the cash dividend to be payable to the General shareholders of Tk. 25,94,639.00. (cont.)

GQBALLPEN 11-Nov-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 November 14, 2021 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, 2021

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