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SALAMCRST

All Eps Dividend Board Agm Q1 Q2 Q3

SALAMCRST 27-Nov-2019

Trading of the Shares of the Company will resume on 28.11.2019 after record date.

SALAMCRST 26-Nov-2019

Trading of the shares of the Company will remain suspended on record date i.e., 27.11.2019.

SALAMCRST 24-Nov-2019

(Cont. news of SALAMCRST): further development for consumption of cheap fuel like gas. As development is required, borrowing cost of these machineries has capitalized considering the para 20 to 23 of IAS 23 Borrowing cost. Hence interest on loan has been capitalized and added to the machineries. (end)

SALAMCRST 24-Nov-2019

(Cont. news of SALAMCRST): a situation, the management decided not to produce power at such a high cost and exerted efforts for getting permission to get gas line installation to the project for production of electricity. So, the machineries require (cont.2)

SALAMCRST 24-Nov-2019

Other Matter: Without qualifying our opinion we would like to draw attention to the fact disclosed in note 5.01 to the Financial Statements. Note 05.01 S. Alam Power Generation Ltd. started commercial operation of 17MW captive power plant in the month of August 2016. But immediately after the commencement of commercial operation, fuel price has been increased by the authority. As a result, electricity that would have been produced by use of high cost fuel will not be feasible. Under such (cont.1)

SALAMCRST 24-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 with cum benefit from 25.11.2019 to 26.11.2019. Trading of the shares of the Company will remain suspended on record date i.e., 27.11.2019.

SALAMCRST 14-Nov-2019

(Continuation news of SALAMCRST): Reason for deviation in EPS due to decrease of revenue in selling price and sales volume for seasonal effect and overall country?s market of the product as well as increase of finance cost. Net operating cash flow per share has decreased due to increase in cash payment to the suppliers, operating expenses as well as Advance Income Tax. (End)

SALAMCRST 14-Nov-2019

(Q1 Un-audited): EPS was Tk. 0.31 for July-September 2019 as against Tk. 0.41 for July-September 2018; NOCFPS was Tk. (8.94) for July-September 2019 as against Tk. 3.03 for July-September 2018. NAV per share was Tk. 19.77 as on September 30, 2019 and Tk. 19.82 as on September 30, 2018. (Cont.)

SALAMCRST 07-Nov-2019

The Company has informed that Mr. Md. Osman Gani has been appointed as the Managing Director of the Company for five years.

SALAMCRST 05-Nov-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 November 13, 2019 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2019.

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