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ITC

All Eps Dividend Board Agm Q1 Q2 Q3

ITC 16-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 17.11.2020 to 18.11.2020. Trading of the shares of the Company will remain suspended on record date i.e., 19.11.2020.

ITC 12-Nov-2020

(Q1 Un-audited): EPS was Tk. 0.26 for July-September 2020 as against Tk. 0.17 for July-September 2019; NOCFPS was Tk. (0.52) for July-September 2020 as against Tk. (0.98) for July-September 2019. NAV per share was Tk. 16.19 as on September 30, 2020 and Tk. 15.93 as on June 30, 2020.

ITC 11-Nov-2020

(Continuation news of ITC): 3.Note # 3.02(c) to the financial statements disclosed the methods of charging amortization on Intangible Assets, which is not in compliance with Paragraph 97 and 108 of International Accounting Standard (IAS)-38. Emphasis of Matter: Without qualifying our opinion, we draw attention to note # 3.01 (c) to the financial statements, wherein, the Company disclosed the reason for not conducting the revaluation of non-current assets. (end)

ITC 11-Nov-2020

(Continuation news of ITC): we could not confirm the value of this Store Materials. 2. Note # 3.01(d) to the financial statements disclosed the methods of charging depreciation on Property, Plant & Equipment, which is not in compliance with the Paragraph 60 of International Accounting Standard (IAS)-16. (cont.2)

ITC 11-Nov-2020

The auditor of the IT Consultants Limited has given the "Qualified Opinion"& "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended on 30 June 2020. In this regard, we may disseminate the following news through our online trading system: Qualified Opinion: 1. Note # 8.00 to the financial statements disclosed Inventories amounting to BDT 291,043,322, which inter-alia includes Store Materials amounting to BDT 246,361,647. Due to not having adequate supporting documents, (cont.1)

ITC 05-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 12, 2020 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, 2020.

ITC 01-Nov-2020

There will be no price limit on the trading of the shares of the Company on today (November 1, 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.

ITC 01-Nov-2020

(Continuation news of ITC): 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)

ITC 01-Nov-2020

(Continuation news of ITC): as against Tk. 1.47, Tk. 15.21 and Tk. 1.83 respectively for the same period of the previous year. 5% in cash dividend for all General Shareholders value worth BDT 599,085,490.00 of Shares 59,908,549, i.e. 48.91% excluding Sponsor & Directors Portion of 62,560,655 shares i.e. 51.09%. The Company also has informed that i) Retained amount of bonus shares be used as Capital for further investment, ii) Bonus shares is declared out of accumulated profit and (cont.2)

ITC 01-Nov-2020

The Board of Directors has recommended 5% Cash for General Shareholders excluding Sponsors & Directors and 5% Stock dividend for all shareholders for the year ended on June 30, 2020. Date of AGM: 10.12.2020, Time: 10:30 AM, Venue: Digital Platform. Record Date: 19.11.2020. The Company has also reported EPS of Tk. 1.21, NAV per share of Tk. 15.93 and NOCFPS of Tk. (0.78) for the year ended on June 30, 2020 (cont.1)

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