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JUTESPINN

All Eps Dividend Board Agm Q1 Q2 Q3

JUTESPINN 14-Jan-2018

In response to a DSE query dated January 10, 2018, the Company, has further informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares. The Company has mentioned that their mill has been closed since June 2016.

JUTESPINN 07-Jan-2018

(Repeat News): The Company has informed the following: "We are surprised seeing the unusual price hike of Shares and the volume of trade in the market. In this respect we would like to mention here that our mill is closed since June, 2016 and we have no undisclosed decision/information relating to our Company's operation/profitability regarding unusual price hike in the market and the reason behind the unusual price of shares of our Company is fully unknown to us."

JUTESPINN 03-Jan-2018

The Company has informed the following: "We are surprised seeing the unusual price hike of Shares and the volume of trade in the market. In this respect we would like to mention here that our mill is closed since June, 2016 and we have no undisclosed decision/information relating to our Company's operation/profitability regarding unusual price hike in the market and the reason behind the unusual price of shares of our Company is fully unknown to us."

JUTESPINN 21-Dec-2017

(Continuation news of JUTESPINN): been provided in the accounts which only increase the loss of the company. 5. Loan from Mrs. Ayasha Kadir amounting to TK.3,500,000 has remain unpaid and no interest been provided in the accounts resulting understatement of liability. 6. All the related party transactions as required under BAS 24 have not been disclosed. 7. Major portion of transaction with directors have been made by cash. (end)

JUTESPINN 21-Dec-2017

(Continuation news of JUTESPINN): This condition indicates the existence of a material uncertainty that may cast significant doubt about the company's ability to continue as a going concern. 2. The company has not complied with the section 234 (b) of the Bangladesh Labour Law 2006 regarding WPPF. 3. Interest was not provided on WPPF. 4. Production of the company has been stopped for more than a year but the related expenses e.g. cost of sales, administrative expenses etc. (cont.2)

JUTESPINN 21-Dec-2017

(Basis for Qualified Opinion): The auditor of the company has given the following 'Basis for Qualified Opinion' Paragraph in the audit report of the company prepared for the year ended on 30 June 2017. Basis for Qualified Opinion: 1. The company incurred a net loss of Tk. 83,968,397 for the year ended 30 June 2017 and the accumulated loss of the company as on June 30, 2017 stands at Tk. 351,613,660. (cont.1)

JUTESPINN 18-Dec-2017

The Company has further informed that their AGM of the Company, scheduled to be held on December 17, 2017, has been postponed.

JUTESPINN 23-Nov-2017

In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.

JUTESPINN 20-Nov-2017

Trading of the shares of the Company will resume on 21.11.2017 after record date.

JUTESPINN 19-Nov-2017

Trading of the shares of the Company will remain suspended on record date i.e., 20.11.2017.

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