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SONALIANSH

All Eps Dividend Board Agm Q1 Q2 Q3

SONALIANSH 15-Feb-2022

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 February 17, 2022 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.

ঢাকা স্টক এক্সচেঞ্জ (লিস্টিং) রেগুলেশন, 2015 এর রেগুলেশন 16(1) অনুসারে, কোম্পানি জানিয়েছে যে 17 ফেব্রুয়ারী, 2022 তারিখে বিকাল 4:30 টায় পরিচালনা পর্ষদের একটি সভা অন্যান্যদের মধ্যে বিবেচনা করার জন্য অনুষ্ঠিত হবে, 30 সেপ্টেম্বর, 2021-এ শেষ হওয়া প্রথম ত্রৈমাসিকের (Q1) সময়ের জন্য কোম্পানির অ-নিরীক্ষিত আর্থিক বিবৃতি।

SONALIANSH 07-Dec-2021

Trading of the shares of the Company will resume on 08.12.2021 after record date.

কোম্পানির শেয়ারের লেনদেন রেকর্ড তারিখের পরে 08.12.2021 তারিখে পুনরায় শুরু হবে।

SONALIANSH 06-Dec-2021

Trading of the shares of the Company will remain suspended on record date i.e., 07.12.2021.

কোম্পানির শেয়ারের লেনদেন রেকর্ড তারিখে অর্থাৎ 07.12.2021 তারিখে স্থগিত থাকবে।

SONALIANSH 02-Dec-2021

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 05.12.2021 to 06.12.2021. Trading of the shares of the Company will remain suspended on record date i.e., 07.12.2021.

কোম্পানির শেয়ারের লেনদেন শুধুমাত্র স্পট মার্কেটে অনুমোদিত হবে এবং 05.12.2021 থেকে 06.12.2021 পর্যন্ত কাম সুবিধা সহ স্পট সেটেলমেন্ট চক্র অনুযায়ী ব্লক লেনদেনও নিষ্পত্তি করা হবে৷ কোম্পানির শেয়ারের লেনদেন রেকর্ড তারিখে অর্থাৎ 07.12.2021 তারিখে স্থগিত থাকবে।

SONALIANSH 23-Nov-2021

(Continuation news of SONALIANSH): Inventory report. In our counting all items that we counted not match with the inventory report. There is material quantity difference between inventory report and our physical counting. As a result, in our opinion Inventory as on 30 June 2021 was not shown properly according to IAS 2. (end)

SONALIANSH 23-Nov-2021

(Continuation news of SONALIANSH): additional tax provision of Taka 866,750 and adjustment of advance taxes thereof. xiii) Due to pandemic Covid-19 situation we didnt able to count Inventory as on 30 June 2021.But in our audit period we conducted an Inventory count as on 04 November 2021, where we were count some items of inventory (Raw Jute, Diversified and Yarn& Loom) according to their (cont.16)

SONALIANSH 23-Nov-2021

(Continuation news of SONALIANSH): accounted for in compliance with IAS 21. Also, the foreign currency monetary items which include receivables, bank balance in foreign currency at the year-end have not been reported using the closing rate. xii) The assessments of the financial year 1995-96 was finalized (Note: 36) but no accounting treatment has been given in the books of account for creation of (cont.15)

SONALIANSH 23-Nov-2021

(Continuation news of SONALIANSH): their recoverable amount. As a result, the net assets value of the Company remained overstated to the extent of chargeable impairment, if any. xi) In Note # 2.16 (Foreign currency transaction) to the financial statements, it is stated that transactions have been reported in compliance with IAS 21 The Effects of Changes in Foreign Exchange Rates. The effects of foreign currency sales transactions and the resulting exchange gain or loss have not been (cont.14)

SONALIANSH 23-Nov-2021

(Continuation news of SONALIANSH): IFRS 15 "Revenue from Contracts with Customers". x) Since its inception in the year 1981, the Company has not performed any impairment test of its Property, Plant & Equipment (Note # 04) as required by IAS36 Impairment of Assets. The IAS in particular states that an entity is required to assess whether there is any indication that an asset may be impaired at the end of each reporting period to ensure that an entitys assets are not carried at more than (cont.13)

SONALIANSH 23-Nov-2021

(Continuation news of SONALIANSH): departure of IFRS. ix) Refer to the accounting policy as mentioned in Note # 2.19, revenue is to be recognized when goods are delivered and risk of ownership is transferred to the customer. However, in practice, the accumulated sales revenue is recognized at each month end for all the invoices raised within the particular month. The mentioned practice is inconsistent with the policy adopted by the Company and also inconsistent with (cont.12)

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