Mark Bangladesh Shilpa & Engineering Limited

Contact Details:

Registered Office	Factory
Mark Bangladesh Shilpa & Engi. Ltd House no.# 67/C Road no. 11 , Block-E Banani Model Town Banai, Dhaka Tel : 02- 9883373,8822465 Fax : 02-8822586	19,20 & 21 BSCIC Industrial Estate, Konabari, Gazipur 6,7,13 & 14 BSCIC Industrial Estate, Konabari, Gazipur 55,54 & 56 Export Processing Zone, Savar, Dhaka

At a Glance:

Date of Incorporation	incorporated in Bangladesh on 26^th January 1987 as a private limited company under the Companies Act, 1913 and subsequently converted into Public Limited Company in 1995
IPO Offering Year	Issued public portion of shares in 1996
Date of Listing in CSE	21^st December, 1996
Nature of Business	The company manufactures various kind of footwear in its own factories and also markets the products
Accounting Year	Financial year ended 30^th June 2003
Date of Last AGM	The last AGM was held on 30^th Dec’03
Date of Delisting by CSE	The company has been delisted by Chittagong Stock Exchange Limited with the effect from 2^nd May 2006 for non-payment of dividend for last seven years and non-payment of Listing fees from 2000

Market Information:

Market Lot	50
Face Value	Tk 100
Close Price at the time of Delisting	18.00

Board Of Directors:

Imam Mulkutur Rahman Engineer	Chairman & Managing Director
Engineer Abdul Hai	Executive Director & Vice-Chairman
Janaba Salma Akhter	Director

Operational Status:

According to Directors report to the Shareholders for the year ended 30^th June 2003, continuous price increase of raw materials in the international market, short age of electricity and shortage of working capital i.e. severe liquidity caused major production losses to the company.

Key Financial and Operating Indicators:

Particulars	2003	2002
Authorized Capital 10,000,000 shares @ tk 100 each	1,000,000,000	1,000,000,000
Paid-up-Capital 3,990,000 shares @ tk 100 each	399,000,000	399,000,000
Net Worth	159,945,648	169,167,501
Working Capital	68,783,948	72,037,421
Debt to Equity (times)	0	0
NAV per Share	0.40	0.42
Turnover	11,380,734	36,552,716
Operating Profit/ (Loss)	(9,217,593)	(10,165,008)
Net Profit/ (Loss) after Tax	(9,221,853)	(10,039,371)
Earning per Share	(0.02)	(0.03)
Dividend	Nil	Nil
Net operating Cash Flow per share	(0.00)	(0.02)

Share Holding Composition:

Particulars	No. of Shares hold	%
Sponsors	1,256,450	31.49
Non Resident	250	0.01
ICB	170,125	4.26
Financial Institutions	61,745	1.55
General Public	2,501,430	62.69
Total	3,990,000	100

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Source: Annual Report for the year ended 30^th June 2003