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 2021 (22).
- Date and Time of the AGM
The Company has further informed that the 26th AGM will be held on December 23, 2021 at 11:30 AM. All other information will remain unchanged.
- Resumption after record date
Trading of the shares of the Company will resume on 28.11.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 25.11.2021.
- Spot News
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 from 23.11.2021 to 24.11.2021. Trading of the shares of the Company will remain suspended on record date i.e., 25.11.2021.
- The auditor of the Information Services Network Ltd has given the \"Qualified Opinion\" & \"Emphasis of matters\" paragr
The auditor of the Information Services Network Ltd has given the \"Qualified Opinion\" & \"Emphasis of matters\" paragraphs in the Auditor\'s Report for the year ended on 30 June, 2021. Basis for Qualified Opinion: (1) As disclosed in note 9.00 of notes to the financial statements an amount of Tk. 14,715,000 has been shown under two sub head namely Mujibul Huq and Others. The figure has been carrying forward for a long period without making any adjustment. ISN Ltd., (cont.1)
- (Continuation news of ISNLTD): filled cases against them, bearing case numbers C.R Case No. 18 of 2019 & C.R Case No. 19
(Continuation news of ISNLTD): 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 and adequate provision should have been made in the financial statements, but no provision has been made in connection with the matter. (2) The sponsors and Directors of the company are holding 21.62\% share of the company and are continuing to hold the position of the directorship of the company (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of ISNLTD): ignoring the requirement of holding, at all time, jointly minimum 30\% (thirty percent) s
(Continuation news of ISNLTD): ignoring the requirement of holding, at all time, jointly minimum 30\% (thirty percent) shares of the paid up capital of the company violating BSEC notification no. BSEC/CMRRCD/2009-193/217/Admin/90. (3) During the year the company has availed interest free loan of TK. 3,400,000 from the employees\' provident fund violating Bangladesh Labour Act 2006 as amended on 2018. (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of ISNLTD): Emphasis of Matters: (i) As per the decision of the Board in its 110th Board Meeting hold
(Continuation news of ISNLTD): Emphasis of Matters: (i) As per the decision of the Board in its 110th Board Meeting hold on 12.10.2021, Tk. 92,947,273 of Accounts Receivable has been written off through statement of profit or loss and other comprehensive Income for the year, for which profit and EPS have been significantly affected. Management has described the matter in note no. 03.03, note no. 07.00 & note no. 37 (ii) of notes to the financial statements. (cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of ISNLTD): (ii) An amount of Tk. 7,061,785 and Tk. 10,322,522 under the head \"Advances, deposits an
(Continuation news of ISNLTD): (ii) An amount of Tk. 7,061,785 and Tk. 10,322,522 under the head \"Advances, deposits and prepayments\" and \"Accrued expenses\" respectively has been restated with beginning of the earliest prior year\'s Retained Earnings in accordance with IAS-8. Necessary disclosure and management\'s explanation about corresponding effect of the restatement has been shown in note no. 03.09, 03.14, 03.22, 03.23, 09.02, 14.00, 19.00 & 37.00 (cont.5)
The first part of this announcement is missing from the archive. - Qualified Opinion & Emphasis of matters
(Continuation news of ISNLTD): (ii) of notes to the financial statements. (iii) We draw attention to note no. 30.00 & 31.00 of notes to the financial statements where management has described the reason of significant deviation in EPS and NAVPS respectively. (iv) We draw attention to note no. 03.13 of notes to the financial statements where management has described possible effects of IFRS-16 Leases. Our opinion is not modified in respect of these matters. (end)
The first part of this announcement is missing from the archive. - Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.13 for July-September 2021 as against Tk. 0.01 for July-September 2020; NOCFPS was Tk. 0.31 for July-September 2021 as against Tk. 0.28 for July-September 2020. NAV per share was Tk. 2.60 as on September 30, 2021 and Tk. 2.47 as on June 30, 2021.
- Board Meeting schedule under LR 16(1)
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 14, 2021 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.
- Dividend Declaration
The Board of Directors has recommended No dividend for the year ended on June 30, 2021. Date of AGM and Time: will be notified later, Venue: Digital Platform. Record Date: 25.11.2021. The Company has also reported EPS of Tk. (8.45), NAV per share of Tk. 2.47 and NOCFPS of Tk. 1.72 for the year ended on June 30, 2021 as against Tk. 0.18, Tk. 12.94 and Tk. 1.72 respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company on today (31.10.2021) for following its corporate declaration.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that, due to unavoidable circumstances, the Board meeting under LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on October 28, 2021 at 4:00 PM instead of October 27, 2021 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- Board Meeting schedule under LR 19(1)
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 27, 2021 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
- (Q3 Un-audited): EPS was Tk. 0.01 for January-March 2021 as against Tk. 0.09 for January-March 2020; EPS was Tk. 0.03 fo
(Q3 Un-audited): EPS was Tk. 0.01 for January-March 2021 as against Tk. 0.09 for January-March 2020; EPS was Tk. 0.03 for July 2020-March 2021 as against Tk. 0.32 for July 2019-March 2020. NOCFPS was Tk. 1.09 for July 2020-March 2021 as against Tk. 1.07 for July 2019-March 2020. NAV per share was Tk. 12.87 as on March 31, 2021 and Tk. 12.94 as on June 30, 2020.
- Board Meeting schedule under LR 16(1)
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 May 23, 2021 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, 2021.
- Q2 Financials (Main reason for decline in EPS)
In response to a BSEC query dated February 25, 2021, the Company has further informed that the main reason for the decline in EPS is the increase in Networking Expense. The Company also informed that others cost increased proportionately during the period of July-December, 2020.
- The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2020 to the respective s
The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2020 to the respective shareholders.
- (Q2 Un-audited): EPS was Tk. 0.02 for July-December 2020 as against Tk. 0.23 for July-December 2019. NOCFPS was Tk. 0.87
(Q2 Un-audited): EPS was Tk. 0.02 for July-December 2020 as against Tk. 0.23 for July-December 2019. NOCFPS was Tk. 0.87 for July-December 2020 as against Tk. 0.91 for July-December 2019. NAV per share was Tk. 12.87 as on December 31, 2020 and Tk. 12.94 as on June 30, 2020.
- Board Meeting schedule under LR 16(1)
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 28, 2021 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.