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MAGURAPLEX

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MAGURAPLEX 23-Nov-2021

(Continuation news of PAPERPROC): accumulated depreciation, WDV was found not updated. 2. As referred to in Note: 05.00 in the financial statements, closing inventories was carried at BDT 94,035,279 in the statement of financial position at the reporting date. Valuation of inventory could not be confirmed as the physical verification was not attended by us due to "Covid -19" Pandemic (cont.3)

MAGURAPLEX 23-Nov-2021

(Continuation news of PAPERPROC): Government fund and welfare fund respectively. But we have been informed that full amount has been distribute among the employees. 2. As disclosed in Note: 3.00 to the financial statements, Property Plant and Equipment of BDT. 364,093,173 was reported in the statement of financial position. While we were checking fixed asset register all the information of individual assets like identification number, purchase date, cost, (cont.2)

MAGURAPLEX 23-Nov-2021

The auditor of the Paper Processing & Packaging Limited has given the "Emphasis of matter" paragraphs in the Auditor's Report for the year ended on 30 June, 2021. Emphasis of Matter: Without qualifying our opinion, we draw attention on the matter as disclosed below: 1. The company reported BDT. 1,848,861 (Ref: Note No: 20.00) as payment for WPPF and welfare fund. The WPPF is yet to be recognized. The fund is to be divided in the ratio 80:10:10 for employee, (cont.1)

MAGURAPLEX 14-Nov-2021

There will be no price limit on the trading of the shares of the Company today (14.11.2021) following its corporate declaration.

MAGURAPLEX 14-Nov-2021

The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2021. Date of AGM: 26.12.2021, Time: 11:00 AM, Venue: Digital Platform. Record Date: 06.12.2021. The Company has also reported EPS of Tk. 1.34, NAV per share of Tk. 27.96 and NOCFPS of Tk. 2.76 for the year ended on June 30, 2021 as against Tk. 7.10, Tk. 83.95 and Tk. 9.51 respectively for the same period of the previous year.

MAGURAPLEX 07-Nov-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 November 13, 2021 at 4:00 pm to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.

MAGURAPLEX 23-Aug-2021

In response to a DSE query dated August 22, 2021, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.

MAGURAPLEX 15-Jul-2021

In response to a DSE query dated July 14, 2021, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.

MAGURAPLEX 22-Jun-2021

In response to a DSE query dated June 21, 2021, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.

MAGURAPLEX 13-Jun-2021

(Continuation news of PAPERPROC): till date and continue until further notice. On the other hand the Government/ Non-Government Institution, Banks, Insurance, Corporate Houses etc. are operating their business activities in limited scale. Resultantly the business activities of the company has been seriously affected. We expect that the Corona Virus (COVID-19) pandemic will soon be over and the turnover of the company will turn to better position. (end)

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