DSE:ISNLTD

Information Services Network Limited announcements

355 Dhaka Stock Exchange announcements for Information Services Network Limited (ISNLTD) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2020 (9).

  1. The auditor of Information Services Network Ltd has given the following "Qualified Opinion" paragraph in the audit repor

    The auditor of Information Services Network Ltd has given the following "Qualified Opinion" paragraph in the audit report of the Company prepared for the year ended on June 30, 2020. Qualified Opinion: 1) An amount of Tk. 104,284,833 has been shown under the head "Accounts Receivable" in note no. 06.00 of notes to the financial statements. The amount of Tk. 104,284,833 receivable from various parties have been carried forward since long which indicates (cont.1)

  2. (Continuation news of ISNLTD): a significant amount to be doubtful of recovery. It is very unlikely that full amounts wi

    (Continuation news of ISNLTD): a significant amount to be doubtful of recovery. It is very unlikely that full amounts will be recovered from the parties since only negligible amount of T K. 836,765 has been received during the year. No provision has been made on that doubtful amount which has a possible effect on profit and EPS of the company. 2) As disclosed in note 8.00 of notes to the financial statements an amount of Tk. 14,715,000 has been shown under two (cont.2)

    The first part of this announcement is missing from the archive.
  3. (Continuation news of ISNLTD): sub-heads namely Mojibul Huq & others. The figure has been carrying forward for a long pe

    (Continuation news of ISNLTD): sub-heads namely Mojibul Huq & others. The figure has been carrying forward for a long period without making any adjustment. ISN Ltd., filled cases against them, bearing case numbers C.R. Case No. 18 of 2019 & C.R. Case No. 19 of 2019. This amount seems to be doubtful in nature for which provision should have been made in the financial statements but no provision has been made. (cont.3)

    The first part of this announcement is missing from the archive.
  4. (Continuation news of ISNLTD): 3)Constitution of management board and management of the fund regarding Workers Profit pa

    (Continuation news of ISNLTD): 3)Constitution of management board and management of the fund regarding Workers Profit participation fund (WPPF) & Welfare Fund (WF) has not been maintained in accordance with the provision made in section 232 to 235 of the Bangladesh Labour Act, 2006 as amended 2013, 4) The company has transferred the depreciation on revaluation reserve of Tk. 929,149 from revaluation reserve to Reserve & Surpluses without adjusting deferred (cont.4)

    The first part of this announcement is missing from the archive.
  5. (Continuation news of ISNLTD): tax on depreciation on revaluation reserve which is a non-compliance with Paragraph 20 of

    (Continuation news of ISNLTD): tax on depreciation on revaluation reserve which is a non-compliance with Paragraph 20 of IAS 12 "Income Taxes". Also deferred tax on revaluation surplus has not been recognized in accordance with IAS-12. The sponsors and directors other than independent directors are holding 21.62% shares of the company and are continuing to hold the position of the directorship of the company ignoring the requirement of holding, (cont.5)

    The first part of this announcement is missing from the archive.
  6. (Continuation news of ISNLTD): at all time, jointly minimum 30% (thirty percent) shares of the paid-up capital of the co

    (Continuation news of ISNLTD): at all time, jointly minimum 30% (thirty percent) shares of the paid-up capital of the company violating notification no. BSEC/CMRRCD/2009-193/217/Admin/90. (end)

    The first part of this announcement is missing from the archive.
  7. Trading of the shares of the Company will resume on 26.11.2020 after record date.

    Trading of the shares of the Company will resume on 26.11.2020 after record date.

  8. Trading of the shares of the Company will remain suspended on record date i.e., 25.11.2020.

    Trading of the shares of the Company will remain suspended on record date i.e., 25.11.2020.

  9. Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled

    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 23.11.2020 to 24.11.2020. Trading of the shares of the Company will remain suspended on record date i.e., 25.11.2020.

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.