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QUEENSOUTH

All Eps Dividend Board Agm Q1 Q2 Q3

QUEENSOUTH 26-Nov-2020

(Continuation news of QUEENSOUTH): 232 of the Bangladesh Labour Law 2006 (amended 2013), the Company was supposed to introduce Worker's Profit Participation Fund (WPPF) with effect from 15th March 2016. But no such fund was introduced with retrospective effect from that date on the reason of being a unit under EPZ. However necessary provision @0.03% against each and every export order as per rule 214 with retrospective effect need be introduced without further delay. (end)

QUEENSOUTH 26-Nov-2020

The auditor of the Queen South Textile Mills Limited has given the "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended on 30 June 2020. Emphasis of Matter: Without qualifying our opinion on following matters, we draw attention on these matters disclosed as below: According to the rule no. 212 of the Bangladesh Labour Rules 2015 read with the section no. (cont.)

QUEENSOUTH 26-Nov-2020

Trading of the shares of the Company will resume on 29.11.2020 after record date.

QUEENSOUTH 25-Nov-2020

Trading of the shares of the Company will remain suspended on record date i.e., 26.11.2020.

QUEENSOUTH 23-Nov-2020

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 24.11.2020 to 25.11.2020. Trading of the shares of the Company will remain suspended on record date i.e., 26.11.2020.

QUEENSOUTH 15-Nov-2020

(Q1 Un-audited): EPS was Tk. 0.31 for July-September 2020 as against Tk. 0.35 for July-September 2019; NOCFPS was Tk. 0.41 for July-September 2020 as against Tk. 0.27 for July-September 2019. NAV per share was Tk. 16.95 as on September 30, 2020 and Tk. 16.64 as on June 30, 2020

QUEENSOUTH 10-Nov-2020

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 14, 2020 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.

QUEENSOUTH 04-Nov-2020

With reference to their earlier news disseminated by DSE on 29.10.2020 regarding Dividend Declaration, the Company has further informed that NAV was Tk. 16.64 instead of 16.62 for the year ended on June 30, 2020. All other information remains unchanged.

QUEENSOUTH 29-Oct-2020

There will be no price limit on the trading of the shares of the Company today (29.10.2020) following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.

QUEENSOUTH 29-Oct-2020

(Continuation news of QUEENSOUTH): 3. Bonus shares are not declared 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. The Company has also informed that IPO proceeds already been used and construction of Automatic Warehouse will be completed by December 31, 2020. (end)

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