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KEYACOSMET

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KEYACOSMET 05-Jan-2021

(Continuation news of KEYACOSMET): Short Term Loan: The following bank amount is coming having no transaction against which also no interest charged in the accounts: Balance amounting BDT 99,237,297 is in Sonali Bank Ltd. CC (P) Loan A/C: 556 for 3 years; (cont.4)

KEYACOSMET 05-Jan-2021

(Continuation news of KEYACOSMET): as bad and doubtful debts against recovery of trade receivable, which is now under consideration for final declaration as bad debts after details investigation by the management. iii) Bank Loan and Overdraft (Long Term & Short Term Loan): Long Term Loan: An amount of Tk. 1,572,541,422 with Pubali Bank Ltd. is coming from previous year having no transaction and also no interest is charged on the said loan. (cont.3)

KEYACOSMET 05-Jan-2021

(Continuation news of KEYACOSMET): which is accumulated at Tk. 7,117,529,977/= against which the company received Tk. 249,893,212/= as wastage sales proceed. We could not physically verified the stock as on 30.06.2019 as our appointment was post dated (AGM for the year 2017-2018 was held on 22.10.2020). ii) Trade Receivable: During the year under review, the company made a provision for a remarkable amount of Tk. 7,054,125,630/= (cont.2)

KEYACOSMET 05-Jan-2021

The auditor of Keya Cosmetics Ltd has given the following "Observation" paragraph in the audit report of the Company prepared for the year ended on June 30, 2019. Observations: i) Stock of Goods, Materials & Stocks: The Company kept and maintained the register for raw materials including stores materials, on physical inventory the company declared a huge amount of stock as obsolescence and debited to Comprehensive Income Statement, (cont.1)

KEYACOSMET 03-Jan-2021

Trading of the shares of the Company will resume on 04.01.2021 after record date.

KEYACOSMET 30-Dec-2020

Trading of the shares of the Company will remain suspended on record date i.e., 03.01.2021.

KEYACOSMET 27-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 28.12.2020 to 30.12.2020. Trading of the shares of the Company will remain suspended on record date i.e., 03.01.2021.

KEYACOSMET 13-Dec-2020

There will be no price limit on the trading of the shares of the Company today (13.12.2020) 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.

KEYACOSMET 13-Dec-2020

(Continuation news of KEYACOSMET): The Company has also informed that reason for declaration of stock dividend is follows: i) The Company has already opened few machineries L/C's as BMRE of the factory, which will be adjusted from own source. For this BMRE Company needs more cash flow during this year. ii) Bonus share is declared from current year profit. iii) As bonus share is declared from current year profit, it will not negatively affect on retain earning. (end)

KEYACOSMET 13-Dec-2020

(Continuation news of KEYACOSMET): Venue: Digital Platform. Record Date for 2019 and 2020: 03.01.2021. The Company has also reported EPS of Tk. 0.24, NAV per share of Tk. 0.25 and NOCFPS of Tk. (2.05) for the year ended on June 30, 2020 as against Tk. (12.94), Tk. 0.02 and Tk. (0.98) respectively for the same period of the previous year. (cont.2)

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