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SAMATALETH

All Eps Dividend Board Agm Q1 Q2 Q3

SAMATALETH 13-Feb-2017

(Q2 Un-audited: Correction): EPS was Tk. 0.038 for October-December, 2016 as against Tk. 0.003 for October-December, 2015; EPS was Tk. (0.055) for July-December, 2016 as against Tk. (0.003) for July-December, 2015. NOCFPS was Tk. 0.95 for July-December, 2016 as against Tk. 0.76 for July-December, 2015. NAV per share was Tk. 14.71 as of December 31, 2016 and Tk. 14.80 as of December 31, 2015.

SAMATALETH 01-Feb-2017

(Q2 Un-audited): EPS was Tk. 0.038 for October-December, 2016 as against Tk. 0.003 for October-December, 2015; EPS was Tk. (0.005) for July-December, 2016 as against Tk. (0.003) for July-December, 2015. NOCFPS was Tk. 0.95 for July-December, 2016 as against Tk. 0.76 for July-December, 2015. NAV per share was Tk. 14.71 as of December 31, 2016 and Tk. 14.80 as of December 31, 2015.

SAMATALETH 29-Jan-2017

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 January 31, 2017 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2016.

SAMATALETH 15-Jan-2017

(Continuation news of SAMATALETH): Reporting Standards the operational results of the company have been inflated. Had the above issues been recognized complying the Bangladesh Financial Reporting Standards in the financial statements the loss of the company for the year would have been Tk. 5570383 instead of Tk. 645807 and Earnings per Share would have been loss Tk. (0.54) instead of loss Tk (0.06), and net asset value per share as on 30 June 2016 would have been Tk 13.18 instead of Tk 14.76. (End)

SAMATALETH 15-Jan-2017

(Continuation news of SAMATALETH): to following such policy excess depreciation has been charged by the amount of Tk. 4,31,106. v) As per nature of business of the company the product is exportable but no export has taken place during the year. vi) Without paying installment against land amount of Tk. 18, 18,000 have been recognized as advance installment against land (Note-10b) by crediting liability. Due to not measuring and recognizing above issues as per Bangladesh Financial (cont. 3)

SAMATALETH 15-Jan-2017

(Continuation news of SAMATALETH): charged on cost instead of revalued amount and due to not charging depreciation on revalued amount depreciation has been charged and accounted for less by the amount of Tk. 15,27,994; iii) Preliminary expenses amounting to Tk. 22,58,730 has been recognized as asset instead of charging in Statement of Comprehensive Income. iv) Full year's depreciation has been charged on addition to property, plant and equipment instead of date of acquisition and due (cont. 2)

SAMATALETH 15-Jan-2017

The auditor of the company has given the following Basis for Qualified Opinion in the audit report of the company for the year ended on 30 June 2016: Basis for Qualified Opinion: The company did not measure, recognize and account for following issues complying Bangladesh Financial Reporting Standards: i) Deferred tax liability amounting to Tk 15,68,958 was not recognized in the financial statements. ii) The company revalued its Property, Plant & Equipment in the year 1997 but depreciation has been (cont.1)

SAMATALETH 01-Jan-2017

(continuation news of SAMATALETH): incurring cost by the company on account of shifting of Tannery Industrial Area of BSCIC. There is no undisclosed material price sensitive information of the Company for recent unusual price hike of shares of our company." (end)

SAMATALETH 01-Jan-2017

(continuation news of SAMATALETH): On top of that in our unaudited 1st quarterly accounts, we have also incurred loss of around Tk. 9,79,000.00. Sales revenue and other income of our company had decreased almost 65% in the recent half yearly period compared to that of the previous half yearly period, which we disseminated in due time to the Shareholders', BSEC, DSE and CSE. The company is currently going through in the most vulnerable state as a result of (cont. 2)

SAMATALETH 01-Jan-2017

In response to a DSE query dated December 29, 2016, regarding unusual price hike of shares of the Company, the Company has given, among others, the following response: "It is for your kind information that the condition of our business has been in the declining trend for a long time. Moreover, our company has experienced loss of more than Tk. 6,00,000.00 in the year ended on 30th June, 2016. (cont. 1)

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