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SHEPHERD

All Eps Dividend Board Agm Q1 Q2 Q3

SHEPHERD 26-Jan-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 January 30, 2021 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.

SHEPHERD 29-Nov-2020

Trading of the shares of the Company will resume on 30.11.2020 after record date.

SHEPHERD 26-Nov-2020

Trading of the shares of the Company will remain suspended on record date i.e., 29.11.2020.

SHEPHERD 24-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 25.11.2020 to 26.11.2020. Trading of the shares of the Company will remain suspended on record date i.e., 29.11.2020.

SHEPHERD 15-Nov-2020

(Q1 Un-audited): EPS was Tk. (0.28) for July-September 2020 as against 0.22 for July-September 2019; NOCFPS was Tk. (0.25) for July-September 2020 as against Tk. (1.69) for July-September 2019. NAV per share was Tk. 15.52 as on September 30, 2020 and Tk. 15.79 as on June 30, 2020.

SHEPHERD 09-Nov-2020

(Continuation news of SHEPHERD): financial statements. We could not verify valuation of inventory for want of supporting documents. (end)

SHEPHERD 09-Nov-2020

(Continuation news of SHEPHERD): at the reporting date. The valuation and existence of the said amount were not completely traceable as no physical inventory count was attended by the auditor due to pandemic "Covid-19". Besides, inventories comprised obsolete and damaged items held for long period of time against which management did not recognize required provision. As a result, this would have overstated both net profit and net assets in the (cont.4)

SHEPHERD 09-Nov-2020

(Continuation news of SHEPHERD): We could not verify the fixed assets in absence of fixed assets register, identification number, Purchase date, cost, accumulated depreciation, WDV etc. against individual assets. The company also did not carry out any fixed assets physical inventory at the year end. 4. As referred in Note# 07.00 in the financial statements, closing inventories were carried at BDT 1,755,307,408 in the statement of financial position (cont.3)

SHEPHERD 09-Nov-2020

(Continuation news of SHEPHERD): traceable with L/C documents. 2. The company reported BDT 196,710,065 (Note 19.00) as trade payables against imports. The above amount was not traceable with the supporting evidence from banks and L/C documents. 3. As disclosed in (Note 04.00) to the financial statements, property, plant and equipment of BDT 1,690,573,060 was reported in the statement of financial position. (cont.2)

SHEPHERD 09-Nov-2020

The auditor of Shepherd Industries Limited has given the following "Qualified Opinion" paragraph in the audit report of the Company prepared for the year ended on June 30, 2020. Qualified Opinion: 1. While testing existence and subsequent realization of trade receivables of BDT 1,245,861,582 (Note#08.00) recognized in the statement of financial position, we received bank confirmation of BDT 1,029,717,955. We found BDT 216,143,627 remained unreconciled and not (cont.1)

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