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LEGACYFOOT

All Eps Dividend Board Agm Q1 Q2 Q3

LEGACYFOOT 21-Nov-2021

(Q1 Un-audited): EPS was Tk. 0.05 for July-September 2021 as against Tk. 0.06 for July-September 2020; NOCFPS was Tk. (0.41) for July-September 2021 as against Tk. 1.85 for July-September 2020. NAV per share was Tk. 10.88 as on September 30, 2021 and Tk. 10.83 as on June 30, 2021.

LEGACYFOOT 18-Nov-2021

(Correction): Refer to their earlier news disseminated today by DSE "Qualified Opinion" of Legacy Footwear Ltd., mistakenly given the auditor of Beach Hatchery Ltd. instead of Legacy Footwear Ltd.

LEGACYFOOT 18-Nov-2021

(Continuation news of LEGACYFOOT): 3. The company has transacted all its transaction in cash including payment of salary, directors' remuneration and capital investment. As a result, non-compliance of section 30 (i) and (m) of Income Tax Ordinance occurred. Consequence of which attract additional income tax while tax assessment done by the tax department. (end)

LEGACYFOOT 18-Nov-2021

(Continuation news of LEGACYFOOT): During our audit period the company subsequently was able to provide proof of further dividend payment of TK. 3,716,213 from the unverified amount TK. 83,41,462 of previous year. Thus, payment of TK. 4,625,249 remains unverified. All this payment were made by the Board fund from their source and the amount was out of books of account. Since full amount payment was shown during the year 2019. (cont.3)

LEGACYFOOT 18-Nov-2021

(Continuation news of LEGACYFOOT):The company was able to provide us the evidence of this payment distributed to the workers. However, the amount was disbursed directly from the company's account instead of the WPPF Trustee Account which is not in the line of Labor Act, 2006, section 232 of Bangladesh.2.As per the 2019 annual report, it states that the company was only able to show evidence TK 35, 31,431 from TK. 1,22,26,942 dividend paid disclosed in Statement of Changes in Equity of June 30, 2019.(con-2)

LEGACYFOOT 18-Nov-2021

The auditor of Beach Hatchery Ltd has given the following "Qualified Opinion" paragraph in the audit report of the Company prepared for the year ended on June 30, 2021. Qualified Opinion: 1. Workers Profit Participation Fund (WPPF) has been formed but not maintained in accordance with section 232 of Bangladesh Labor Act,2006 (Amendment 2013). The company has made a payment of TK. 1,105,814 from WPPF fund to the workers for the balance owing from the previous year June30, 2020. (cont.1)

LEGACYFOOT 16-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 18, 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.

LEGACYFOOT 01-Nov-2021

There will be no price limit on the trading of the shares of the Company today (01.11.2021) following its corporate declaration.

LEGACYFOOT 01-Nov-2021

The Board of Directors has recommended 1% cash Dividend to the General Shareholders only subject to the approval by the General Shareholders in the AGM for the year ended on June 30, 2021. Date of AGM:25.12.2021, Time: 3:00 PM, Venue: Digital Platform. Record Date: 30.11.2021. The Company has also reported EPS of Tk. 0.39, NAV per share of Tk. 10.83 and NOCFPS of Tk. 3.06 for the year ended on June 30, 2021 as against Tk. (7.37), Tk. 10.43 and Tk. 7.02 respectively for the same period of the previous year.

LEGACYFOOT 24-Oct-2021

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 31, 2021 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.

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