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WATACHEM

All Eps Dividend Board Agm Q1 Q2 Q3

WATACHEM 21-Oct-2019

(Continuation news of WATACHEM): iii) Bonus share is not declared from Capital Reserve or Revaluation Reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing Paid Up Capital or through doing anything so that the Post Dividend Retained Earnings become negative or a debit balance. (end)

WATACHEM 21-Oct-2019

(Continuation news of WATACHEM): as against Tk. 4.40 (restated), Tk. 58.88 (restated) and Tk. 4.22 (restated) respectively for the same period of the previous year. The Company also informed that i) Retained amount of bonus share is to be used as capital for business expansion. ii) Bonus share is declared out of accumulated profit. (cont.2)

WATACHEM 21-Oct-2019

The Board of Directors has recommended 30% cash and 25% stock dividend for the year ended on June 30, 2019. Date of AGM: 26.12.2019. Time: 9:45 AM, Venue: 71 (8th Floor), 176 Shaheed Syed Nazrul Islam Sarani (Old 47, Bijoy Nagor), Dhaka. Record Date: 19.11.2019. The Company has also reported EPS of Tk. 11.63, NAV per share of Tk. 66.85 and NOCFPS of Tk. 14.50 for the year ended on June 30, 2019 (cont.1)

WATACHEM 13-Oct-2019

As per Regulation 19(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 October 20, 2019 at 5:15 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2019.

WATACHEM 02-May-2019

(Q3 Un-audited): EPS was Tk. 2.88 for January-March 2019 as against Tk. 0.86 for January-March 2018; EPS was Tk. 8.45 for July 2018-March 2019 as against Tk. 2.29 for July 2017-March 2018. NOCFPS was Tk. 1.91 for July 2018-March 2019 as against Tk. (0.89) for July 2017-March 2018. NAV per share was Tk. 66.56 as on March 31, 2019 and Tk. 58.88 as on June 30, 2018. EPS deviated as production, sales & profit increased for production of new Sulfuric Acid Plant Unit-2 for BMRE of project.

WATACHEM 24-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 30, 2019 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2019.

WATACHEM 15-Apr-2019

Referring to their earlier news disseminated on 27.03.2019 with regard to Approval of BMRE and set-up of units, plants at the factory the Company has further informed that contract for import of LABSA, SLES plant has been signed by the company with WEIXIAN (NANJING) SCIENCE TECHNOLOGY CO. LTD. and for import of Poly Aluminum Chloride (PAC) Plant with C Y ENGINEERING AND TECHNOLOGY CO. LTD. of China.

WATACHEM 27-Mar-2019

(Continuation news of WATACHEM): Approval has been given for obtaining necessary finance of Tk. 50.91 crore from Agrani Bank Ltd., Principal Branch, Dhaka. Board has also approved for establishment of a poly Aluminium Chloride Plant of 4,500 MT Per Annum at the Factory Premises. (end)

WATACHEM 27-Mar-2019

The Company has informed that the Board of Directors has decided for 1) BMRE of 18,000 MT Per annum Capacity of Sulphuric Acid Plant Unit- 1, 2) Establishment of New Aluminium Sulphate (ALUM) Plant Unit- 2 for 12,000 MT Per annum and 3) Linear Alkail Benzene Sulphonic Acid/Sodium Lauryl Ether Sulphate (SLES) Plant for 7,200 MT per annum at its Factory Narayangonj. (cont.)

WATACHEM 03-Mar-2019

The Company has informed that the Board of Directors has decided to start commercial production of Sulphuric Acid Plant: Unit-2 from March 02, 2019. It may also be mentioned that Annual production capacity of the Sulphuric Acid Plants will be increased to 48,000 MT per Annum, instead of existing 18,000 MT per Annum. Efficiency and quality of other plant i.e. Aluminum Sulphate Plan, construction of Building & other civil works under BMRE of the project has been developed.

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