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MALEKSPIN

All Eps Dividend Board Agm Q1 Q2 Q3

MALEKSPIN 15-Nov-2021

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 16.11.2021 to 17.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2021.

MALEKSPIN 14-Nov-2021

(Continuation news of MALEKSPIN): Reasons for deviation in EPS, NOCFPS and NAV: EPS has increased because of net profit substantially increase during the period due to increase in Turnover/Sales and decrease in cost of goods sold percentage on sales compared to previous period. Due to increase of collection against sales NOCFPS has increased. Due to increase retained earnings NAV has increased. (end)

MALEKSPIN 14-Nov-2021

(Q1 Un-audited): Consolidated EPS was Tk. 0.87 for July-September 2021 as against Tk. 0.43 for July-September 2020; Consolidated NOCFPS was Tk. 1.61 for July-September 2021 as against Tk. (1.44) for July-September 2020. Consolidated NAV per share was Tk. 47.13 as on September 30, 2021 and Tk. 46.27 as on June 30, 2021. (cont.)

MALEKSPIN 07-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 11, 2021 at 2:45 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.

MALEKSPIN 31-Oct-2021

(Continuation news of MALEKSPIN): As per directors' assessment, the insurance claim recover through shall be at least equal to the carrying value. No other information come to our attention. Our report is not qualified in this regard. (end)

MALEKSPIN 31-Oct-2021

(Continuation news of MALEKSPIN): The effect of fire incident, some of Subsidiary's Inventory of Tk.58,346,808 and Property, Plant & Equipment of Tk. 246,444,379 at carrying value/written down value has been destroyed. All of these assets (inventory and property, Plant & Equipment) are under the comprehensive insurance coverage. An inspection has been completed by surveyor. (cont.2)

MALEKSPIN 31-Oct-2021

The auditor of the Malek Spinning Mills Ltd. has given the "Emphasis of matters" paragraphs in the Auditor's Report for the year ended on 30 June, 2021. Emphasis of matters: Emphasis of Matter quoted by the Auditors: With reference to the note no. 42, a contingent asset of Tk. 304,791,187 in respect of fire insurance claim as result of fire incident happened at subsidiary's (Salek Textile Limited) factory premises (Fabrics Unit). (cont.1)

MALEKSPIN 27-Oct-2021

There will be no price limit on the trading of the shares of the Company on 28.10.2021 following its corporate declaration.

MALEKSPIN 27-Oct-2021

(Continuation news of MALEKSPIN): On the other hand decrease in percentage of cost of goods sold due to decrease in raw material price and overhead is not increased proportionately on sales. Due to increase of collection against sales and decrease of financial expenses and other payments NOCFPS has increased. Due to increase in retained earnings NAV has increased. (end)

MALEKSPIN 27-Oct-2021

(Continuation news of MALEKSPIN): The Company has also informed that EPS has increased because of net profit substantially increased during the year due to increase in Turnover/Sales and average selling price of yarn compared to previous year. (cont. 2)

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