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Mon, Jan 16th 2017, 15:47,    DSE NEWS    
(Continuation news of ECABLES): and other assets have not been made in line with Para Clause 5(A) (iii) & (IV) of schedule-I under Rule 12(2) of the Securities and Exchange Rules, 1987 and the provision of Part-I, Schedule XI, Section 185 of Companies Act 1994, adequate discloser note has b
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Mon, Jan 16th 2017, 15:47,    DSE NEWS    
(Continuation news of ECABLES): Also, no amount was invested as per section 49 and subsection of section 58 of BS of BAS-19. 8. It appears from Notes 06, 07, 08, and 09 of the financial statements that the disclosure requirement (Ageing Schedule i.e., analysis of the age of financial asset) for Debt
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Mon, Jan 16th 2017, 15:47,    DSE NEWS    
(Continuation news of ECABLES): Since the amount was not provided in the financial statements profit has been overstated to the same extent.(Note-6.01, 7.00 & 8.00).7. As disclosed in note-18 of notes to the financial statements, ECL operates a gratuity scheme. But no unfunded actuarial valu
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Mon, Jan 16th 2017, 15:46,    DSE NEWS    
(Continuation news of ECABLES): 6. An amount of Tk. 30,583,985 receivable from various parties shown at management report point 4.01 has been carried forward since long period under the head 'Debtors', 'Current Account-with projects under BSEC Disinvested by Government' and 'Current Accounts with Pr
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Mon, Jan 16th 2017, 15:46,    DSE NEWS    
(Continuation news of ECABLES): The repetition of revaluation reserve with same amount from year after year is impracticable for the effect of IAS-1 or IAS-8 whichever is applicable. 5. As disclosed in note -4 of notes to the financial statements a sum of Tk. 413,599,349 has been shown under the hea
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Mon, Jan 16th 2017, 15:46,    DSE NEWS    
(Continuation news of ECABLES): 3. An amount of Tk. 21,321,239 payable to various parties has been carried forward since long under the head "Other Financial Liabilities & Provision". No balance confirmation Certificate was made available to us. As such we could not confirm
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Mon, Jan 16th 2017, 15:46,    DSE NEWS    
(Continuation news of ECABLES): Balance amount of the Tk. 213,507,020 is not provided in the financial statements resulting overstatement of profit during the year to that extent. 2.An amount of Tk. 116,899,892 is shown under the head Present Liability (Local), Pre-Liberation, Liabilities, and Liabi
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Mon, Jan 16th 2017, 15:45,    DSE NEWS    
The auditor of the company has given the following "Qualified Opinion" in the audit report of the company for the year ended on 30 June 2016: Basis for Qualified Opinion: 1. A sum of Tk. 35,638,827 as on 30.06.2016 has been accounted for on account of leave pay and gratuity. The co
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Mon, Jan 16th 2017, 15:43,    DSE NEWS    
(Continuation of DSE NEWS): as well as all the bank drafts (FDD) received from NRB and foreign applicants along with a copy of the list containing information of FDDs at Swantex Building, Level-7, 9/I, Motijheel C/A, Dhaka from 10:00 AM of January 17, 2017 to 4:00 PM of January 19, 2017. (end)

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Mon, Jan 16th 2017, 15:43,    DSE NEWS    
All the respective Stock Brokers of DSE and Merchant Bankers are requested to send IPO application data along with list of Bank drafts (FDDs) submitted by NRB and foreign applicants of Shepherd Industries Limited in electronic format through IPO Data Transmission Software in the following link http:
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Mon, Jan 16th 2017, 15:39,    DSE NEWS    
(continuation news of CONTININS): It is to be informed that earlier BSEC extended the time to transfer the above shares subject to the condition that the transferee (Dolly Iqbal) shall not execute sale/transfer of those shares before next adoption of financial statements and declaration in this r
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Mon, Jan 16th 2017, 15:38,    DSE NEWS    
Mohammad Iqbal, one of the Sponsors/Directors of the Company, has further reported that he has completed transfer of his entire holdings of 6,27,880 shares of the Company to his wife Dolly Iqbal by way of gift outside the trading system of the Exchange, as announced earlier. (cont.)

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Mon, Jan 16th 2017, 15:37,    DSE NEWS    
The Company has informed that it has credited the Bonus shares for the 18 months period ended on June 30, 2016 to the respective shareholders' BO Accounts on January 16, 2017.

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Mon, Jan 16th 2017, 15:27,    DSE NEWS    
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 21, 2017 at 2:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period
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Mon, Jan 16th 2017, 15:24,    DSE NEWS    
The Company has informed that cash dividend warrants for the 18 months period ended on June 30, 2016 have been dispatched to the respective shareholders mailing address.




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