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METROSPIN

All Eps Dividend Board Agm Q1 Q2 Q3

METROSPIN 03-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 from 04.11.2021 to 07.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 08.11.2021.

METROSPIN 02-Nov-2021

(Q1 Un-audited): EPS was Tk. 0.40 for July-September 2021 as against Tk. 0.05 for July-September 2020; NOCFPS was Tk. 0.31 for July-September 2021 as against Tk. (0.59) for July-September 2020. NAV per share was Tk. 21.65 as on September 30, 2021 and Tk. 18.36 as on June 30, 2021.

METROSPIN 24-Oct-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 01, 2021 at 04:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.

METROSPIN 21-Oct-2021

(Continuation news of METROSPIN): This is a non-compliance of section 234 (b) of Bangladesh Labour Act, 2006 which states that payments related to WPPF should be made within 9 (nine) months of the close of every year. (end)

METROSPIN 21-Oct-2021

The auditor of the Metro Spinning Ltd. 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 6,539,575 which includes balances for prior years worth BDT 3,028,892 which has remained outstanding. (cont.)

METROSPIN 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.

METROSPIN 11-Oct-2021

(Continuation news of METROSPIN): with production capacity 25,000 kg per day and 91,25,000 kg per annum. The Projected annual turnover of the project will be BDT 300.00 crore only approximately. After successful completion of BMRE program the productivity and profitability of the Company will increase remarkably. Company will notify detail implementation schedule of BMRE Program to the shareholder and regulatory in due course of time. (end)

METROSPIN 11-Oct-2021

(Continuation news of METROSPIN): The Company has also 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 go/undertake BMRE (Balancing, Modernization, Rehabilitation and Expansion) subject to approval of bank finance. BMRE also includes reconstruction of factory building. On completion of BMRE the spindle capacity will be 38400 (cont. 5)

METROSPIN 11-Oct-2021

(Continuation news of METROSPIN): c) The Company has not declared such stock dividend or bonus shares from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance. (cont. 4)

METROSPIN 11-Oct-2021

(Continuation news of METROSPIN): The Board of Directors has resolved to go/undertake BMRE (Balancing, Modernization, Rehabilitation and Expansion). b) The Company has declared such stock dividend or bonus shares out of the accumulated profit or retained earnings. (cont. 3)

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