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SAFKOSPINN

All Eps Dividend Board Agm Q1 Q2 Q3

SAFKOSPINN 19-Dec-2019

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 December 22, 2019 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2019.

SAFKOSPINN 17-Dec-2019

Qualified Opinion: 1. As per BSEC notification SEC/CMRRCD/2006-159/admin/02/10 dated September 10, 2006 requires permission of shareholders (at AGM/EGM) to provide loan to an entity of close family members of directors of the company. But the said permission has not been provided to us. 2. The entity made revaluation of assets on September 2012, but as per IAS 16, para 34 revaluation should be made with a frequency of 3 to 5 years, which is non-compliance of the said standards.

SAFKOSPINN 11-Dec-2019

Trading of the Shares of the Company will resume on 12.12.2019 after record date.

SAFKOSPINN 10-Dec-2019

Trading of the shares of the Company will remain suspended on record date i.e., 11.12.2019.

SAFKOSPINN 27-Nov-2019

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 28.11.2019 to 10.12.2019. Trading of the shares of the Company will remain suspended on record date i.e., 11.12.2019.

SAFKOSPINN 24-Nov-2019

DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase securities of Safko Spinning Mills Ltd. with effect from November 25, 2019 as per BSEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.

SAFKOSPINN 24-Nov-2019

The Company will be placed in 'Z' category from existing 'B' category with effect from November 25, 2019 as the Company has recommended No dividend for the year ended on June 30, 2019.

SAFKOSPINN 24-Nov-2019

There will be no price limit on the trading of the shares of the Company today (24.11.2019) following its corporate declaration.

SAFKOSPINN 24-Nov-2019

(Continuation news of SAFKOSPINN): The Company has also reported EPS of Tk. (0.49), NAV per share of Tk. 17.23 and NOCFPS of Tk. 2.29 for the year ended on June 30, 2019 as against Tk. 0.41 (restated), Tk. 17.67 (restated) and Tk. 3.30 (restated) respectively for the same period of the previous year. (end)

SAFKOSPINN 24-Nov-2019

The Board of Directors has recommended No dividend for the year ended on June 30, 2019. Date of AGM: 26.12.2019, Time: 11:30 AM, Venue: Conference Hall of Safko Spinning Mills Ltd. Noyapara, Saihamnagar, Madhabpur, Habiganj. Record Date: 11.12.2019. (cont.)

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