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JUTESPINN

All Eps Dividend Board Agm Q1 Q2 Q3

JUTESPINN 08-Nov-2020

(Q1 Un-audited): EPS was Tk. (11.16) for July-September 2020 as against Tk. (10.24) for July-September 2019; NOCFPS was Tk. 0.00 for July-September 2020 as against Tk. (0.36) for July-September 2019. NAV per share was Tk. (360.14) as on September 30, 2020 and Tk. (348.99) as on June 30, 2020.

JUTESPINN 03-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 7, 2020 at 11:00 AM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.

JUTESPINN 28-Oct-2020

There will be no price limit on the trading of the shares of the Company on 29.10.2020 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.

JUTESPINN 28-Oct-2020

The Board of Directors has recommended No dividend for the year ended on June 30, 2020. Record Date: 19.11.2020. Date, Time and Venue of the AGM will be notified later on after receipt of permission from the High Court for 38th, 39th & 40th AGM. The Company has also reported EPS of Tk. (45.43), NAV per share of Tk. (348.99) and NOCFPS of Tk. (0.72) for the year ended on June 30, 2020 as against Tk. (46.19), Tk. (303.56) and Tk. (3.26) respectively for the same period of the previous year.

JUTESPINN 21-Oct-2020

As per Regulation 19(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 October 28, 2020 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2020.

JUTESPINN 30-Jul-2020

(Continuation news of JUTESPINN): has filed a suit against the company Suit No. DIGAS-318 an amount of Tk. 1,590,111. Managements of the Jute Spinners Limited did not show this amount in the liability side whereas the company has paid an amount Tk. 294,555 against this claim. Therefore, the liability of the Jute Spinners Limited has not been reflected fairly in the financial statements. (end)

JUTESPINN 30-Jul-2020

(Continuation news of JUTESPINN): The suit number is Artha Rin Suit No. 125/2018. Jute Spinners Limited attended the case and immediately compromised with the Bank and already submitted a prayer to settle the case and pay the dues and start the production. Now maintenance work is going on to production of the mill. 2. The West Zone Power Distribution Company Ltd. (cont. 18)

JUTESPINN 30-Jul-2020

(Continuation news of JUTESPINN): Jute Spinners Limited, has used loan facilities under different classification with Janata Bank Limited, Local Office, Motijheel, Dhaka. The account is now classified and the loan amount is Tk. 49,16,69,209.48 dt.: 31-05-2018. The Bank filed a suit against Jute Spinners Ltd. and the others Directors in the 1st Artha Rin Adalat, Dhaka. (cont. 17)

JUTESPINN 30-Jul-2020

(Continuation news of JUTESPINN): Emphasis of Matter: 1. In note no. 14.00 Short Term Loan P.C. A/c Tk. 40,252,040 has been shown by the company but in the Artha Rin Suit No. 125/2018, bank claimed an amount Tk. 41,999,839. Note 14.00 Short Term Loan: Balance of Short Term Loan as on 30.06.2019 was Tk. 322,995,490 and as on 30.06.2018 was Tk. 322,967,990. (cont. 16)

JUTESPINN 30-Jul-2020

(Continuation news of JUTESPINN): Note 7.00 Advances, Deposits and Pre-payments: Balance of Advances, Deposits and Pre-payments as on 30.06.2019 and as on 30.06.2018 was Tk. 17,592,139. Note 8.00 Accounts Receivable: Balance of Accounts Receivable as on 30.06.2019 and as on 30.06.2018 was Tk. 307,716. (cont. 15)

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