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TALLUSPIN

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TALLUSPIN 11-Nov-2014

DSE NEWS: The Stock Brokers and Merchant Bankers are requested not to provide loan facilities to purchase securities of Tallu Spinning Mills Ltd. starting from November 12, 2014 as per SEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.

TALLUSPIN 11-Nov-2014

The Company will be placed in "Z" category from existing "A" category with effect from November 12, 2014 as per Dhaka Stock Exchange (Settlement of Transactions) Regulations, 2013; since the Company did not recommend any dividend for the year ended on June 30, 2014.

TALLUSPIN 11-Nov-2014

There will be no price limit on the trading of the shares of the Company today (11.11.2014) following its corporate declaration.

TALLUSPIN 11-Nov-2014

The Board of Directors did not recommend any dividend for the year ended on June 30, 2014. Date of AGM: 23.12.2014, Time: 11:30 AM, Venue: Factory Premises of the Company, Kaltapara Bazar, Gouripur, Mymensingh. Record Date: 01.12.2014. The Company has also reported EPS of Tk. 1.51, NAV per share of Tk. 16.19 and NOCFPS of Tk. 0.27 for the year ended on June 30, 2014.

TALLUSPIN 30-Oct-2014

As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on November 10, 2014 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2014.

TALLUSPIN 26-Jun-2014

(Continuation of news of TALLUSPIN): But unfortunately, in spite of all our tremendous efforts we are yet to get the sanction of required additional load of natural gas for implementing the expansion unit and we cannot even tell at this moment when we will get the sanction. In the face of above uncertainty for availing required additional natural gas which is the prime determinant of running a big manufacturing concern, we are now not in a position to implement the shareholders' decisions regarding right issue as were taken in the General Meeting held on December 20, 2013. (cont.2)

TALLUSPIN 26-Jun-2014

The Company has informed the following: "The purpose of raising capital through rights shares were mainly to set up of a new spinning unit with 22,000 spindles, BMRE of the existing project and partial repayment of term loans. In order to run the proposed new unit and the existing factory after implementing the BMRE we were in necessary to get sanction of required additional load of natural gas to supply power to the factories. In preparation for this we duly applied to Titas Gas Transmission and Distribution Company Ltd. well ahead of time. (cont.1)

TALLUSPIN 30-Apr-2014

(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported net profit after tax of Tk. 12.17 million with EPS of Tk. 0.15 as against Tk. 24.32 million and Tk. 0.30 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 158.09 million with EPS of Tk. 1.95 for the period of nine months (July'13 to March'14) ended on 31.03.2014 as against Tk. 77.44 million and Tk. 0.95 respectively for the same period of the previous year.

TALLUSPIN 30-Jan-2014

(H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported net profit after tax of Tk. 145.92 million with EPS of Tk. 1.80 as against Tk. 53.12 million and Tk. 0.65 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 74.05 million with EPS of Tk. 0.91 for the period of 3 months (Oct'13 to Dec'13) ended on 31.12.2013 as against Tk. 23.85 million and Tk. 0.29 respectively for the same period of the previous year.

TALLUSPIN 26-Dec-2013

The Company has informed that it has credited the bonus shares for the year ended on June 30, 2013 to the respective shareholders' BO Accounts.

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