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TITASGAS

All Eps Dividend Board Agm Q1 Q2 Q3

TITASGAS 03-Jul-2019

(Continuation news of TITASGAS): will be effective from 01.07.2019 respectively: (1) Electricity: Tk. 4.45, (2) Captive power: Tk. 13.85, (3) Fertilizer: Tk. 4.45, (4) Industry: Tk. 10.70, (5) Tea Garden: Tk. 10.70, (6) Commercial: Hotel & Restaurant Tk. 23.00 and Small & Cottage Industries Tk. 17.04 respectively, (7) CNG: Tk. 43.00, (8) Household: a) Meter Based: Tk. 12.60, b) 1 burner (fixed per month): Tk. 925.00, c) 2 burners (fixed per month): Tk. 975.00 respectively. (cont.2)

TITASGAS 03-Jul-2019

The Company has informed that as per publication dated on 30.06.2019 by the Bangladesh Energy Regulatory Commission and as per power exercised under Sections 22(Kha) and 34 of the Bangladesh Energy Regulatory Commission Act, 2003, the Gas Price Rate of the Titas Gas Transmission and Distribution Company Limited has been re-fixed by the Commission in the consumer level. The following re-fixed price per cubic meter, for supplying to different consumer level, (cont. 1)

TITASGAS 29-Apr-2019

(Q3 Un-audited): EPS was Tk. 0.73 for January-March 2019 as against Tk. 0.66 for January-March 2018; EPS was Tk. 2.87 for July 2018-March 2019 as against Tk. 2.52 for July 2017-March 2018. NOCFPS was Tk. 3.25 for July 2018-March 2019 as against Tk. (3.66) for July 2017-March 2018. NAV per share was Tk. 67.66 as on March 31, 2019 and Tk. 67.28 as on June 30, 2018.

TITASGAS 18-Apr-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 April 28, 2019 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2019.

TITASGAS 28-Jan-2019

(Q2 Un-audited): EPS was Tk. 0.89 for October-December 2018 as against Tk. 0.58 for October-December 2017; EPS was Tk. 2.14 for July-December 2018 as against Tk. 1.86 for July-December 2017. NOCFPS was Tk. 10.33 for July-December 2018 as against Tk. 0.08 for July-December 2017. NAV per share was Tk. 66.93 as on December 31, 2018 and Tk. 67.28 as of June 30, 2018.

TITASGAS 27-Jan-2019

The Company has informed that it has disbursed the cash dividend to the respective shareholders for the year ended on June 30, 2018.

TITASGAS 22-Jan-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 January 27, 2019 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2018.

TITASGAS 04-Dec-2018

(Continuation news of TITASGAS): e) As disclosed in Note # 33 to the financial statements, an amount of Tk. 2.06 crore has been disclosed as "Disconnection & reduction of system loss cost" under the head "Transmission & Distribution expenses". This expense was incurred for disconnection & reduction of illegal gas connections during the year under audit, which indicates that the Company has illegal gas connections for which the Company is losing substantial amount of revenue every year. (end)

TITASGAS 04-Dec-2018

(Continuation news of TITASGAS): there is no realization till date. On a query we came to know that the said customers are not interested to pay such penal interest as well as meter rent charge which remains receivable for long. As a result, there is a substantial doubt as regards realization of said penal interest and meter rent receivable which requires full provision in the accounts. (cont.7)

TITASGAS 04-Dec-2018

(Continuation news of TITASGAS): and charges penal interest on the bill amounts of the respective customers. As such a total amount of Tk. 45.79 crore has been recognized as interest income up to 30 June 2018 and included in Trade & other receivables shown under Note 11. On the other hand, the company accounted for meter rent charges on its customers namely, PDB and Fertilizer producing companies for Tk. 31.39 crore up to the year 2017-18. Out of the said aggregated amount of Tk. 77.18 crore, (cont.6)

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