10:36:34 (BST) 10:36:34 (BST)
CSE news on INTECH
2023-03-30: Cont-Un-audited Financial Statements
INTECH(cont):''After being informing about significant irregularities and discrepancies in respect of the Company assets and financial transactions the Commission vide its letter (Ref: SEC/CFD/196/2003/Part-III /367 dated: March 22, 2022) has appointed G Kibria & Co., Chartered Accountants to conduct SPECIAL AUDIT over Intech Limited. Again, based on the last Statutory Audit Report, we found that most of the assets of Intech Ltd. disclosed by Previous management was fictitious, which was adjusted with the Retain Earnings of last FY 2020-21 and it has cumulative effect on this Quarter.''(end)
2023-03-30: Un-audited Financial Statements
INTECH: (Quarter 3) As per un-audited financial statements of Intech Limited, EPS was Tk. (.022) for January-March 2022 as against Tk. 0.01 for January-March 2021; EPS was Tk. (0.54) for July 2021-March 2022 as against Tk. 0.19 for July 2020-March 2021. NOCFPS was Tk. (0.27) for July 2021-March 2022 as against Tk. 0.75 for July 2020-March 2021. NAV per share was Tk. 1.13 as on March 31, 2022 and Tk. 1.67 as on June 30, 2021. Reason of significant deviation:(cont)
2023-03-30: Cont-Un-audited HY A/Cs
INTECH(cont): Reason of significant deviation: ''After being informing about significant irregularities and discrepancies in respect of the Company assets and financial transactions the Commission vide its letter (Ref: SEC/CFD/196/2003/Part-III /367 dated: March 22, 2022) has appointed G Kibria & Co., Chartered Accountants to conduct SPECIAL AUDIT over Intech Limited. Again, based on the last Statutory Audit Report, we found that most of the assets of Intech Ltd. disclosed by Previous management was fictitious, which was adjusted with the Retain Earnings of last FY 2020-21 and it has cumulative effect on this Quarter.''(end)
2023-03-30: Un-audited HY A/Cs
INTECH: (Quarter 2) As per un-audited half yearly accounts of Intech Limited, EPS was Tk. (0.28) for October-December 2021 as against Tk. 0.10 for October-December 2020; EPS was Tk. (0.36) for July-December 2021 as against Tk. 0.18 for July-December 2020. NOCFPS was Tk. (0.21) for July-December 2021 as against Tk. 0.49 for July-December 2020. NAV per share was Tk. 1.31 as on December 31, 2021 and Tk. 1.67 as on December 31, 2020.(cont)
2023-03-30: Cont-Un-audited Financial Statements
INTECH: (Quarter 1)(cont) has appointed G Kibria & Co., Chartered Accountants to conduct SPECIAL AUDIT over Intech Limited. Again, based on the last Statutory Audit Report we found that most of the assets of Intech Ltd. disclosed by Previous management was fictitious, which was adjusted with the Retain Earnings of last FY 2020-21. and it has cumulative effect on this Quarter. '' (end)
2023-03-30: Un-audited Financial Statements
INTECH: (Quarter 1) As per un-audited financial statements of Intech Limited, EPS was Tk. (0.14) for July-September 2021 as against Tk. 0.08 for July-September 2020. NOCFPS was Tk. (0.10) for July-September 2021 as against Tk. 0.26 for July-September 2020. NAV per share was Tk. 1.53 as on September 30, 2021 and Tk. 1.67 as on June 30, 2021. Reason of significant deviation: ''After being informing about significant irregularities and discrepancies in respect of the Company assets and financial transactions the Commission vide its letter (Ref: SEC/CFD' / 196 / 20Og / Part-III / 367 dated: March 22, 2022) (cont)
2023-03-27: Board Meeting
INTECH: Intech Limited has informed that the Board Meeting of the Company will be held on March 29, 2023 to consider, among others, un-audited financial statements of the company for the First Quarter (Q1) at 02:30 PM, Second Quarter (Q2) at 03:00 PM and Third Quarter (Q3) at 03:30 PM for the period ended September 30, 2021, December 31, 2021 and March 31, 2022 respectively.
2023-02-19: Record Date tomorrow (20.02.2023)
INTECH: Trading of the shares of Intech Limited will remain suspended on its record date i.e., 20.02.2023. Trading of the shares of the Company will resume on 22.02.2023.
2023-02-15: Spot trade from tomorrow (16.02.2023)
INTECH: Trading of the shares of Intech Limited will be allowed only in the Spot Market from 16.02.2023 to 19.02.2023 as the record date of the Company is on 20.02.2023.
2023-02-15: Approval to lease of land
INTECH: Intech Limited has informed that to mitigate current liquidity crisis of the Company, the Board of Directors has approved to provide lease of 30 acres unused land at Tarakanda, Mymensing for yearly Tk. 70,000/- per acre only to Biswas Agro Fisheries Ltd. for next 05 years from March 2023 to February 2028.
2023-02-15: Change of Close Price
INTECH: Please note that the close price of the shares of INTECH has been reset at current market price prevailing in other exchange. New close price of INTECH =Tk. 21.90.
2023-02-08: Cont3-Qualified Opinion & Emphasis of Matter
INTECH(cont3):For that reason, the management of the company made a provision as per IFRS-9 against expected loss. b. As disclosed "Property, Plant & Equipment- (ISP & IT- Schedule A)" where "Vehicle (Car)" shown in the financial statement but due to physical verification we could not trace the Vehicle (Car) and the management also made a general diary no. 1363 to Gulshan Thana against immediate past chairman to recover the vehicle (Car)."(end)
2023-02-08: Cont2-Qualified Opinion & Emphasis of Matter
INTECH(cont2):Last year (2019-2020) the company adjusted amount in Taka 27,500,000 against Invoice for delivery and installation of NFS smart card payment solutions successfully. And rest of the module of ADC software in process of installation/implementation and also software under testing phase awaiting users' acceptance. Till 2020-2021 there was no improvement/adjustment of "Advances, Deposits & Prepayments" of Tk. 44,367,926.00 and new management could not trace Alternative Delivery Channel (ADC) software amount Tk. 27,500,000.(cont3)
2023-02-08: Cont1-Qualified Opinion & Emphasis of Matter
INTECH(cont1):Emphasis of Matters: a. As disclosed in Note # 4.02 to the financial statements "Capital Work in Progress" shown amount Tk. 00.00 (Zero). According to last year audit report Capital Work in Progress amount of Tk. 71,867,926 transfer from "Advances, Deposits & Prepayments" account. This advance was made to "Solquest Limited" for providing Alternative Delivery Channel (ADC) as new business initiative through providing necessary solution, Equipment, Installation and maintenance since long.(cont2)
2023-02-08: Qualified Opinion & Emphasis of Matter
INTECH: The auditor of the Intech Limited has given the "Qualified Opinion" and "Emphasis of Matter" paragraph in the Auditor's Report for the year ended 30 June 2021. "Basis for Qualified Opinion: IFRS 16 introduces a single lessee accounting model and requires a lessee to recognize assets and liabilities for all leases with a term of more than 12 months, unless the underlying asset is of low value. A lessee is required to recognize a right-of-use asset representing its right to use the underlying leased asset and a lease liability representing its obligation to make lease payments. During the year the company has not recognized the IFRS-16 "Leases" in the Financial Statements and it is non-compliance.(cont1)
2023-01-26: CB free
INTECH: Please note that there will be no price limit today 26.01.2023 on the trading of the shares of the Company following its corporate declaration.
2023-01-26: Recommendation of Dividend
INTECH: The Board of Directors has recommended No dividend for the year ended June 30, 2021. Date of AGM: will be notified later, Time & Venue: will be notified later, Record Date: 20.02.2023. The Company has also reported EPS of Tk. (2.75), NAV per share of Tk. 1.67 and NOCFPS of Tk. (0.43) for the year ended June 30, 2021 as against Tk. (0.91) (Restated), Tk. 4.52 (Restated) and Tk. (0.11) (Restated) respectively for the same period of the previous year.
2023-01-18: Board Meeting
INTECH: Intech Limited has informed that the Board Meeting of the Company will be held on January 25, 2023 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.
2022-10-03: Change of Corporate Office, E-mail & website
INTECH: Intech Limited has informed that the Corporate Office, E-mail & website address of the Company has been changed. The office will be shifted from Apartment: A (1st Floor), Plot # 11/B, Block-CWS (A), Road # 30, Gulshan-1, Dhaka-1212 to its new address at Apartment#A4 (3rd Floor), House#36, Road # 25, Gulshan-1, Dhaka-1212 with effect from 1st October 2022. New email address, info@intech.com.bd and web address http://www.intech.com.bd .
2022-03-28: Change of Corporate/Share Office/ Mailing address
INTECH: Intech Limited has informed that the Corporate office/Share Office/ Mailing address of the Company will be shifted to its new address at Apartment: A (1st Floor), Plot # 11/B, Block-CWS (A), Road # 30, Gulshan-1, Dhaka-1212 with effect from 1st April 2022.
2021-11-15: Appointment of CEO
INTECH: Intech Limited has informed that has informed that Mr. Mohammad Adnan Akhtar Tony has been appointed as the Chief Executive Officer of the Company with effect from November 14, 2021.
2021-06-15: Election of the Chairman and Vice-Chairman
INTECH: Intech Limited has informed that the Board of Directors has elected Barrister Khandaker Reza-E-Raquib as the Chairman and Mr. Atiqul Alam Chowdhury as the Vice-Chairman of the Company with effect from June 15, 2021.
2021-06-15: Un-audited Financial Statements
INTECH: (Quarter 3) As per un-audited financial statements of Intech Limited, EPS was Tk. 0.01 for January-March 2021 as against Tk. 0.04 for January-March 2020; EPS was Tk. 0.19 for July 2020-March 2021 as against Tk. 0.16 for July 2019-March 2020. NOCFPS was Tk. 0.75 for July 2020-March 2021 as against Tk. 0.20 for July 2019-March 2020. NAV per share was Tk. 10.88 as on March 31, 2021 and Tk. 10.70 as on June 30, 2020.
2021-06-08: Reschedule of Board Meeting
INTECH: Intech Limited has further informed that due to unavoidable circumstances, the Board Meeting of the Company will now be held on June 14, 2021 at 3:00 PM instead of June 9, 2021 to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
2021-06-06: Board Meeting
INTECH: Intech Limited has informed that the Board Meeting of the Company will be held on June 9, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2021.
2021-05-11: ScripGroup status of goTX
CSE NEWS: All concerned are hereby informed that the category of INTECH has been changed from ''Z'' to ''B'' category with effect from today May 11, 2021. Please ignore the ScripGroup of goTX, which is showing as 'Z'.
2021-05-11: Category Change
INTECH: Please note that Intech Limited has been placed in ''B'' category from existing ''Z'' category with effect from May 11, 2021 as the Company has disbursed of 1% cash dividend for the year ended on June 30, 2020. As per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015; the stock brokers & merchant bankers are requested not to provide loan facilities to their clients against trading of the shares of INTECH up to 30 trading days from May 11, 2021.
2021-03-09: Cont3-Auditor's Opinion
INTECH(cont3):"The project could not yet to be started due to some land related complication. Under the circumstances the plan of resort has been suspended and money against the land registered baina which took place earlier year (2015-2016) was taken back in 2016-17. The balance amount of registered baina amounting to Taka 20,000/- under process of recovery" which in our opinion is doubtful of recovery. Note 6.00 Non-Current Assets - Intech Resort Project: Balance of Non-Current Assets Intech Resort Project for the year ended on 30 June 2020 was Taka 28,652,000 and for the year ended 30 June 2019 was Taka 28,652,000."(end)
2021-03-09: Cont2-Auditor's Opinion
INTECH(cont2):The Company has not made any provision against the total overdue of Tk. 10,914,950 against the expected credit losses according to IFRS 9 Financial Instruments. Consequently, net profit and net assets reported in the statement of profit or loss and other comprehensive income and statement of financial position were overstated to that extent. Emphasis of Matter: We draw attention to the following matters in respect of which our opinion is not modified: An amount of Taka 28,652,000 has been shown as "Non-current asset-Intech resort project" for which management disclosed in the notes to the financial statements in note no. 6.00 that (cont3)
2021-03-09: Cont1-Auditor's Opinion
INTECH(cont1): During the company has not recognized the IFRS -16 "Leases" in the Financial Statements. 2. As disclosed in Note # 9 to the financial statements, trade and other receivables amounting to Tk. 75,766,730 were reported by the Company at the reporting date in the statement of financial position. Out of those balances, the amount of Tk. 10,914,950 were balances as observed from the records of the Company remained overdue for a long period of time raising significant uncertainty regarding their collectivity thus increasing the risk of default at the reporting date. (cont2)
2021-03-09: Auditor's Opinion
INTECH: The auditor of Intech Limited has given the following "Modified Opinion" and "Emphasis of Matter" in the audit report of the Company for the year ended on 30 June 2020: "Basis for Modified Opinion: 1. IFRS 16 introduces a single lessee accounting model and requires a lessee to recognize assets and liabilities for all leases with a term of more than 12 months, unless the underlying asset is low value. A lessee is required to recognize a right-of-use asset representing its right to use the underlying leased asset and a lease liability representing its obligation to make lease payments.(cont1)
2021-02-25: Record Date on 28.02.2021
INTECH: Trading of the shares of Intech Limited will remain suspended on its record date i.e., 28.02.2021. Trading of the shares of the Company will resume on 01.03.2021.
2021-02-24: Time of AGM
INTECH: Intech Limited has further informed that the 20th AGM will be held on March 22, 2021 at 10:00 AM.
2021-02-23: Change of AGM venue
INTECH: Intech Limited has further informed that the 20th AGM of the Company will be held on 22.03.2021 on Digital Platform instead of Intech Limited Corporate Head Office. Time of the AGM will be notified later.
2021-02-22: Spot trade from tomorrow (23.02.2021)
INTECH: Trading of the shares of Intech Limited will be allowed only in the Spot Market from 23.02.2021 to 25.02.2021 as the record date of the Company is on 28.02.2021.
2021-02-10: Un-audited HY A/Cs (Additional Information)
INTECH: (Quarter 2) Intech Limited has further informed that EPS was Tk. 0.10 for October-December 2020 as against Tk. 0.03 for October-December 2019.
2021-02-08: Un-audited HY A/Cs
INTECH: (Quarter 2) As per un-audited half yearly accounts of Intech Limited, EPS was Tk. 0.18 for July-December 2020 as against Tk. 0.12 for July-December 2019. NOCFPS was Tk. 0.49 for July-December 2020 as against Tk. 0.19 for July-December 2019. NAV per share was Tk. 10.88 as on December 31, 2020 and Tk. 10.82 as on December 31, 2019.
2021-02-08: Un-audited Financial Statements
INTECH: (Quarter 1) As per un-audited financial statements of Intech Intech Limited, EPS was Tk. 0.08 for July-September 2020 as against Tk. 0.09 for July-September 2019. NOCFPS was Tk. 0.26 for July-September 2020 as against Tk. 0.11 for July-September 2019. NAV per share was Tk. 10.78 as on September 30, 2020 and Tk. 10.80 as on September 30, 2019.
2021-02-08: CB free
INTECH: Please note that there will be no price limit today 08.02.2021 on the trading of the shares of the Company following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.
2021-02-08: Recommendation of Dividend
INTECH: The Board of Directors has recommended 1% cash dividend for the year ended on June 30, 2020. Date of AGM: 22.03.2021, Time: will be notified latter, Venue: Intech Limited Corporate Head Office. Record Date: 28.02.2021. The Company has also reported EPS of Tk. 0.15, NAV per share of Tk. 10.70 and NOCFPS of Tk. 0.12 for the year ended on June 30, 2020 as against Tk. 0.39, Tk. 10.70 and Tk. 0.39 respectively for the same period of the previous year.
2021-02-07: Board Meeting
INTECH: Intech Limited has informed that the Board Meeting of the Company will be held on February 7, 2021 at 3:45 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.
2021-02-07: Board Meeting
INTECH: Intech Limited has informed that the Board Meeting of the Company will be held on February 7, 2021 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.
2021-01-31: Board Meeting
INTECH: Intech Limited has informed that the Board Meeting of the Company will be held on February 7, 2021 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2020.
2020-11-01: Un-audited Financial Statements
INTECH: (Quarter 3) As per un-audited financial statements of Intech Limited, EPS was Tk. 0.16 for July 2019-March 2020 as against Tk. 1.34 for July 2018-March 2019. NOCFPS was Tk. 0.20 for July 2019-March 2020 as against Tk. 0.74 for July 2018-March 2019. NAV per share was Tk. 10.86 as on March 31, 2020 and Tk. 11.64 as on March 31, 2019.
2020-10-27: Board Meeting
INTECH: Intech Limited has informed that the Board Meeting of the Company will be held on October 29, 2020 at 2:45 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2020.
2020-09-21: Order regarding casual/stand vacant of the position of the Director(s)
INTECH: As per BSEC Order No. SEC/SRMIC/2016/1240/58 dated September 20, 2020, in exercise of the power conferred by Section 20A of the Securities and Exchange Ordinance, 1969 (Ordinance No. XVII of 1969), the Commission hereby declares casual vacancy or stand vacant of the position of Directors namely Mr. ATM Mahbubul Alam, Ms. Shadika Mahbub and Mr. Md. Anisuzzaman and directs the Board of Directors of Intech Limited to fill up the vacancy from any shareholders having 2% (two percent) or more shares of the paid up capital within 30 (thirty) working days of issuance of this Order.
2020-02-02: Un-audited HY A/Cs
INTECH: (Quarter 2) As per un-audited half yearly accounts of Intech Limited, EPS was Tk. 0.03 for October-December 2019 as against Tk. 0.50 for October-December 2018; EPS was Tk. 0.12 for July-December 2019 as against Tk. 1.26 for July-December 2018. NOCFPS was Tk. 0.19 for July-December 2019 as against Tk. 0.29 for July-December 2018. NAV per share was Tk. 10.82 as on December 31, 2019 and Tk. 10.70 as on June 30, 2019.
2020-01-27: Board Meeting
INTECH: Intech Limited has informed that the Board Meeting of the Company will be held on January 30, 2020 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2019.
2019-12-01: Cont2-Auditor's Opinion
INTECH(cont2): and for the year ended 2017-2018 was Taka 28,652,000. This represents land purchase with a view to develop and sale as resort. The project could not yet to be started due to some land related complication. Under the circumstances the plan of resort has been suspended and money against the land registered baina which took place earlier year (2015-2016) was taken back in 2016-2017. The balance amount of investment under process of recovery."(end)
2019-12-01: Cont1-Auditor's Opinion
INTECH(cont1): "The project could not yet to be started due to some land related complication. Under the circumstances the plan of resort has been suspended and money against the land registered baina which took place earlier year (2015-2016) was taken back in 2016-17. The balance amount of registered baina amounting to Taka 20,000/- under process of recovery" which in our opinion is doubtful of recovery. Note 6.00 Non-Current Assets - Intech Resort Project: Balance of Non-Current Assets Intech Resort Project for the year ended on 2018-2019 was Taka 28,652,000(cont2)
2019-12-01: Auditor's Opinion
INTECH: The auditor of Intech Limited has given the following matter of emphasis in the audit report of the Company for the year ended on 30 June 2019: "Matter of Emphasis: Without modifying our opinion we draw attention to the matter described below: a) Calculation of Deferred tax and provision for current tax is not in accordance with IAS 12 "Income Taxes". b) An amount of Taka 28,652,000 has been shown as "Non-current asset-Intech resort project" for which management disclosed in the notes to the financial statements in note no. 6.00 that(cont1)
2019-11-24: Change of AGM Date
INTECH: Intech Limited has further informed that due to unavoidable circumstances, the 19th AGM of the Company will now be held on December 24, 2019 instead of earlier declared date December 09, 2019. Other information will remain unchanged.
2019-11-24: Address Change of Registered Office and Corporate Office
INTECH: Intech Limited has informed that the Registered Office of the Company will be shifted to its new address at Intech Limited, 3/1-E, Purana Paltan, Dhaka-1000 and new address of Corporate Office of the Company at Intech Limited, Suit-C4, House-25, Road- 47, Gulshan - 2, Dhaka - 1212.
2019-11-21: Record Date on 24.11.2019
INTECH: Trading of the shares of Intech Limited will remain suspended on its record date i.e., 24.11.2019. Trading of the shares of the Company will resume on 25.11.2019.
2019-11-17: Un-audited Financial Statements
INTECH: (Quarter 1) As per un-audited financial statements of Intech Intech Limited, EPS was Tk. 0.09 for July-September, 2019 as against Tk. 0.85 for July-September, 2018; NOCFPS was Tk. 0.11 for July-September, 2019 as against Tk. 0.75 for July-September, 2018. NAV per share was Tk. 10.80 as on September 30, 2019 and Tk. 12.29 as on September 30, 2018.
2019-11-12: Board Meeting
INTECH: Intech Limited has informed that the Board Meeting of the Company will be held on November 14, 2019 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, 2019.
2019-11-07: Shifting of Spot date, Record date and Trading suspension
INTECH: As per consent of BSEC, trading of the shares shall be suspended from 07.11.2019 and 11.11.2019, 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 06.11.2019 and 12.11.2019 to 21.11.2019 instead of 06.11.2019 to 19.11.2019 Trading of the shares of the Company will remain suspended on record date i.e., 24.11.2019 instead of 20.11.2019.
2019-11-05: Spot trade from tomorrow (06.11.2019)
INTECH: Trading of the shares of Intech Limited will be allowed only in the Spot Market from 06.11.2019 to 19.11.2019 as the record date of the Company is on 20.11.2019.
2019-10-29: Category change
INTECH: Please note that Intech Limited will be placed in ''Z'' category from existing ''A'' category with effect from October 30, 2019 as the Company has reported that no dividend for the year ended on June 30, 2019. As per SEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009; the stock brokers & merchant bankers are requested not to provide loan facilities to their clients against trading of the shares of INTECH from October 30, 2019.
2019-10-29: CB free
INTECH: Please note that there will be no price limit today 29 October 2019 on the trading of shares of the Company following its corporate disclosure.
2019-10-29: Recommendation of No Dividend
INTECH: The Board of Directors has recommended No dividend for the year ended on June 30, 2019. Date of AGM: 09.12.2019, Time: 10:00 AM, Venue: RAOWA Convention Hall (Eagle Hall), VIP Road, Mohakhali, Dhaka. Record Date: 20.11.2019. The Company has also reported EPS of Tk. 0.39, NAV per share of Tk. 10.70 and NOCFPS of Tk. 0.39 for the year ended on June 30, 2019 as against Tk. 1.25, Tk. 11.44 and Tk. 2.00 respectively for the same period of the previous year.
2019-10-22: Board Meeting
INTECH: Intech Limited has informed that the Board Meeting of the Company will be held on October 28, 2019 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2019.
2019-01-31: Un-audited HY A/Cs
INTECH: (Quarter 2) As per un-audited half yearly accounts of Intech Limited, EPS was Tk. 1.40 for July-December 2018 as against Tk. 0.01 for July-December 2017. NOCFPS was Tk. 0.29 for July-December 2018 as against Tk. (0.22) for July-December 2017. NAV per share was Tk. 12.84 as on December 31, 2018 and Tk. 11.21 as on December 31, 2017.
2019-01-27: Board Meeting
INTECH: Intech Limited has informed that the Board Meeting of the Company will be held on January 30, 2019 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2018.
2019-01-22: Correction-Bonus Shares Credited
INTECH(correction): Intech Limited has informed that the Bonus Shares of the Company for the year ended on June 30, 2018 have already been credited through CDBL to the respective shareholders' BO A/Cs on 21 January 2019.
2019-01-22: Bonus Shares Credited
INTECH: Intech Limited has informed that the Bonus Shares of the Company for the year ended on June 30, 2018 have already been credited through CDBL to the respective shareholders' BO A/Cs on 21 January 2018.
2018-11-29: Change of AGM Date
INTECH: Intech Limited has further informed that due to unavoidable circumstances, the AGM of the Company will now be held on December 23, 2018 instead of earlier declared date December 13, 2018. Other information of the earlier disclosure will remain unchanged.
2018-11-19: Ex-benefit Price Adjustments
INTECH: Please note that the price of the shares of INTECH is adjusted today following its ex-benefits date to the extent of its corporate benefits; hence the price limit on the scrip will remain as it is today. Therefore, adjusted price of INTECH =Tk 60.30.
2018-11-15: Record Date on 18.11.2018
INTECH: Trading of the shares of Intech Limited will remain suspended on its record date i.e., 18.11.2018. Trading of the shares of the Company will resume on 19.11.2018.
2018-11-15: Un-audited Financial Statements
INTECH: (Quarter 1) As per un-audited financial statements of Intech Intech Limited, EPS was Tk. 0.85 for July-September, 2018 as against Tk. (0.09) for July-September, 2017; NOCFPS was Tk. 0.75 for July-September, 2018 as against Tk. 0.01 for July-September, 2017. NAV per share was Tk. 12.29 as on September 30, 2018 and Tk. 11.12 as on September 30, 2017. Due to cost control and increase of revenue EPS changed significantly.
2018-11-13: Spot trade from tomorrow (14.11.2018)
INTECH: Trading of the shares of Intech Limited will be allowed only in the Spot Market from 14.11.2018 to 15.11.2018 as the record date of the Company is on 18.11.2018.
2018-11-08: Board Meeting
INTECH: Intech Limited has informed that the Board Meeting of the Company will be held on November 14, 2018 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, 2018.
2018-10-29: CB free
INTECH: Please note that there will be no price limit today 29 October 2018 on the trading of shares of the Company following its corporate disclosure.
2018-10-29: Recommendation of Dividend
INTECH: The Board of Directors has recommended 11% stock dividend for the year ended on June 30, 2018. Date of AGM: 13.12.2018, Time: 10:00 AM, Venue: RAOWA Convention Hall (Eagle Hall), VIP Road, Mohakhali, Dhaka. Record Date: 18.11.2018. The Company has also reported EPS of Tk. 1.25, NAV per share of Tk. 11.44 and NOCFPS of Tk. 2.00 for the year ended on June 30, 2018 as against Tk. 1.09, Tk. 11.20 and Tk. 1.01 respectively for the same period of the previous year.
2018-10-21: Board Meeting
INTECH: Intech Limited has informed that the Board Meeting of the Company will be held on October 28, 2018 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.
2018-10-01: Cont-Financial Impact on Commercial Agreements
INTECH(cont): Commensurate with increased Sales volume, Intech's Commission will be 50% of higher Commission entitlement up to 12% AWS spend. AWS Professional and Managed Services: Turnover 30% of AWS Spend Tk. 10.00 crore: Tk. 3.00 crore and Intech's Share of Margin (30% of Tk. 3.00 crore): Tk. 90.00 lac. (b) Ranial Systems Inc. USA: Expected Annual Turnover (1st year): Tk. 10.00 crore, Expected Net profit on Turnover @ 20%: Tk. 2.00 crore and Intech's Share of Net Profit (50%): Tk. 1.00 crore.(end)
2018-10-01: Financial Impact on Commercial Agreements
INTECH: In response to a DSE query regarding clarification on price sensitive information disseminated on 16.09.2018, Intech Limited has replied that the Expected amount of Investment with Minfy Technologies Private Limited, India is Tk. 4.00 crore initially and Expected amount of Investment with Ranial Systems Inc., Somerset, USA is Tk. 4.00 crore initially. Expected Financial Impact in terms of Monetary value to Company's earnings and profitability as follows: a) Amazon Web Services (AWS) infrastructure: Expected Annual AWS spend: Tk. 10.00 crore and Intech's Commission/fee (50% of 7% of Tk. 10.00 crore): Tk. 35.00 lac in 1st year. Expected annual growth of Operation: 2nd Year 80% and 3rd Year 100%.(cont)
2018-09-25: Record Date tomorrow (26.09.2018)
INTECH: Trading of the shares of Intech Limited will remain suspended on its record date i.e., 26.09.2018. Trading of the shares of the Company will resume on 27.09.2018 for EGM.
2018-09-24: Venue & Date of 5th EGM
INTECH: With reference to their earlier news disseminated by CSE on 06 September 2018, Intech Limited has further informed that due to unavoidable circumstances, th</