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TITASGAS

All Eps Dividend Board Agm Q1 Q2 Q3

TITASGAS 27-Nov-2019

(Continuation news of TITASGAS): for the said fund has increased by an amount of Tk. 59.62 crore and an amount of Tk. 51.58 crore has been paid by the Company to the outgoing employees as final settlement. As such, the required provision for pension fund as on 30 June 2019 has stood at Tk. 827.78 crore. But the management of the Company on the ground of inadequacy of fund as well as insufficient yearly profit decided to initially provide Tk. 188.90 crore in three years commencing from 2018-19 (cont. 4)

TITASGAS 27-Nov-2019

(Continuation news of TITASGAS): 30 June 2018 was Tk. 819.74 crore as per actuarial valuation done by M/S Z Halim & Associates. As on the said date the Company's provision for the pension fund was only Tk.30.00 crore resulting in a shortfall of provision of Tk. 789.74 crore for the said fund. The actuary firm, M/S. Z Halim & Associates recommended to make an annual provision of Tk. 188.90 crore for next five years to make up the said deficit. Further, for the year under audit the required provision(cont.3)

TITASGAS 27-Nov-2019

(Continuation news of TITASGAS): particulars of the parties could not be made available to us. As a result, we could not ensure by accuracy of the balances from the records of the zone offices as well as sending balance confirmation letters to the parties. Note: 24: Customers' security deposits: Customers' security deposits as on 30.06.2019 was Tk. 18,423,868,986 and as on 30.06.2018 was Tk. 15,197,892,280. b. Required provision for pension fund of the entitled employees of the Company as on (cont. 2)

TITASGAS 27-Nov-2019

Qualified Opinion: a. Long-term liabilities as disclosed under Note # 24 to the financial statements include customers' security deposit of Tk. 1,842.39 crore as on 30 June 2019. The Head Office of the Company maintains control ledgers with the information received from zone offices. But during our audit at zone offices we could not check and confirm such balances with the records of zone offices as the zone offices' general ledgers were not updated. Further, any list, address or any other (cont.1)

TITASGAS 18-Nov-2019

Trading of the Shares of the Company will resume on 19.11.2019 after record date.

TITASGAS 17-Nov-2019

Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2019.

TITASGAS 13-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 14.11.2019 to 17.11.2019. Trading of the shares of the Company will remain suspended on record date i.e., 18.11.2019.

TITASGAS 12-Nov-2019

(Q1 Un-audited): EPS was Tk. 0.72 for July-September 2019 as against Tk. 1.26 for July-September 2018; NOCFPS was Tk. 0.16 for July-September 2019 as against Tk. (0.16) for July-September 2018. NAV per share was Tk. 70.80 as on September 30, 2019 and Tk. 70.08 as on June 30, 2019.

TITASGAS 04-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 11, 2019 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2019.

TITASGAS 24-Oct-2019

There will be no price limit on the trading of the shares of the Company today (24.10.2019) following its corporate declaration.

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