DSE:MEGCONMILK

Meghna Condensed Milk Industries Limited announcements

289 Dhaka Stock Exchange announcements for Meghna Condensed Milk Industries Limited (MEGCONMILK) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2020 (9).

  1. Trading of the shares of the Company will resume on 29.11.2020 after record date.

    Trading of the shares of the Company will resume on 29.11.2020 after record date.

  2. Trading of the shares of the Company will remain suspended on record date i.e., 26.11.2020.

    Trading of the shares of the Company will remain suspended on record date i.e., 26.11.2020.

  3. 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 from 23.11.2020 to 25.11.2020. Trading of the shares of the Company will remain suspended on record date i.e., 26.11.2020.

  4. (Continuation news of MEGCONMILK): 28 of Dhaka Stock Exchange (Listing Regulation 2015) declared dividend are supposed t

    (Continuation news of MEGCONMILK): 28 of Dhaka Stock Exchange (Listing Regulation 2015) declared dividend are supposed to be paid within 30 days of approval. Till now which amount is unpaid. 2. IAS: 12 "Income Taxes" has not been applied by the company specially there is no impact of deferred tax on the financial statement which is material effect to or settle of an asset or liability that the company expects from it carrying of assets or liability. 3. As referred note no. (cont.2)

    The first part of this announcement is missing from the archive.
  5. (Continuation news of MEGCONMILK): 8 of financial "Cash & Cash Equivalent" where Cash in hand shows Taka. 31,536,849 whi

    (Continuation news of MEGCONMILK): 8 of financial "Cash & Cash Equivalent" where Cash in hand shows Taka. 31,536,849 which was fully certified by management. 4. As referred note no. 4 of financial statements "Inventories" shows Taka 80, 187,800.00 which was fully certified by management. 5.As referred note no. 11 of financial statements "Cash Credit & Overdrafts" shows taka 353,416,026.00 out of which taka 227,790,731.00 for which (cont.3)

    The first part of this announcement is missing from the archive.
  6. (Continuation news of MEGCONMILK): we did not find any bank statement to confirm the amount as those loan accounts were

    (Continuation news of MEGCONMILK): we did not find any bank statement to confirm the amount as those loan accounts were classified. 6.As referred note no. 12 of financial statements "Liabilities for Expenses & Other Finance" Taka 363,332,907.00 out of which Taka 361,097,992.00 is provision of bank interest included in the amount. 7. There is contingent liability Taka 533,630,126.00 for which is carrying forwarded for last few years and it is not clear whether it is still exist (cont.4)

    The first part of this announcement is missing from the archive.
  7. (Continuation news of MEGCONMILK): or not. 8. As referred note no. 18 of financial statements "Financial Expenses" shows

    (Continuation news of MEGCONMILK): or not. 8. As referred note no. 18 of financial statements "Financial Expenses" shows taka 104,094,704.00 out of which taka 90,274,948.00. We did not get any bank statement to confirm the amount as those loan accounts were classified. 9. As referred note no. 10 of financial statements "Bank Loan" shows taka 642,775,645.00. We did not find update bank statement to confirm the amount as those loan accounts were classified. (cont.5)

    The first part of this announcement is missing from the archive.
  8. (Continuation news of MEGCONMILK): 10. During the audit we could not verify monthly VAT return. Emphasis of Matter: We d

    (Continuation news of MEGCONMILK): 10. During the audit we could not verify monthly VAT return. Emphasis of Matter: We draw attention on the following matters in respect of which our opinion is not qualified: 1) As disclosed in Note # 7 to the financial statements "Unsecured Loan" amount taka 25,900,000 which represents investment in company's sister concern but there is no financial gain from this investment. (cont.6)

    The first part of this announcement is missing from the archive.
  9. (Continuation news of MEGCONMILK): And also, we could not find any valid documents against this investment. The present

    (Continuation news of MEGCONMILK): And also, we could not find any valid documents against this investment. The present scenario of the company it is a material effect on the financial performance. And also, it is shown as "Related Party Disclosure" note # 19 in the financial statements. (end)

    The first part of this announcement is missing from the archive.

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