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MAKSONSPIN

All Eps Dividend Board Agm Q1 Q2 Q3

MAKSONSPIN 19-Oct-2021

The auditor of the Maksons Spinning Mills Limited has given the "Qualified Opinion" paragraphs in the Auditor's Report for the year ended on 30 June 2021. Qualified Opinion: The Company has a Worker's Profit Participation Fund (WPPF) Payable worth BDT 41,642,734 which includes balances for prior years worth BDT 19,807,337 which has repaid outstanding, (cont.)

MAKSONSPIN 11-Oct-2021

(Continuation news of MAKSONSPIN): is under implementation of a project having 25824 spindle with production capacity of 27,000 kg per day and 98,55,000 kg per annum with Projected annual turnover of the project will be approximately BDT 2,50,00,00,000.00 only. (end)

MAKSONSPIN 11-Oct-2021

(Continuation news of MAKSONSPIN): The Board has further resolved to subscribe for 1,50,00,000 nos shares (out of 3,00,00,000 nos shares) of Tk. 10 each amounting to BDT 15,00,00,000.00 of Maksons Textile Limited against the sale stated above and fresh investment of BDT 2,75,00,000 i.e 50% of its paid up capital subject to obtaining approval of the shareholders in the AGM. Maksons Textile Limited is the 100% export oriented Spinning Industry and (cont. 2)

MAKSONSPIN 11-Oct-2021

The Company has informed that to expand the business of the Company and thereby to increase the profitability and to secure greater interest of the Company, the Board of Directors has resolved to sell its unutilized land measuring 194.35 decimal situated at Gouripur, Ashulia, Savar and it's building structure measuring 30,000 sq. ft. In total consideration value of BDT 12,25,00,000.00 in favour of Maksons Textile Limited. (cont. 1)

MAKSONSPIN 11-Oct-2021

There will be no price limit on the trading of the shares of the Company today (11.10.2021) following its corporate declaration.

MAKSONSPIN 11-Oct-2021

The Board of Directors has recommended 11% cash dividend for the year ended on June 30, 2021. Date of AGM: 19.01.2022, Time: 11:30 AM, Venue: Digital Platform. Record date: 21.11.2021. The Company has also reported EPS of Tk. 2.07, NAV per share of Tk. 20.09 and NOCFPS of Tk. 2.81 for the year ended on June 30, 2021 as against Tk. (0.37), Tk. 18.20 and Tk. 0.79 respectively for the same period of the previous year.

MAKSONSPIN 03-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 10, 2021 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.

MAKSONSPIN 25-Aug-2021

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 and increase in volume of shares.

MAKSONSPIN 28-Jun-2021

Alpha Credit Rating Limited (AlphaRating) has rated the Company as "BBB" in the long term and "ST-3" in the short term along with a stable outlook based on audited financial statements of the Company as on June 30, 2020 and relevant qualitative information till June 26, 2021.

MAKSONSPIN 22-Jun-2021

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 and increase in volume of shares.

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