Beacon Pharmaceuticals Ltd------- Prospectus
Beacon Pharmaceuticals Ltd------- Prospectus
Beacon Pharmaceuticals Ltd------- Prospectus
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Light for Life<br />
BEACON<br />
REVALUATION OF COMPANY'S ASSETS & SUMMARY THEREOF<br />
A survey company named Construction Management & Engineering Cell made the revaluation of company's assets on<br />
30.04.2009. The valuation has been made for reflection of actual value of Company's assets. The revalued amount<br />
was incorporated in the accounts as on 31.05.2009. The summary of revaluation is shown bellow:<br />
(As Per Audited A/C)<br />
Description Book Value as on 31.05.2009 Revalued Value as on 31.05.2009<br />
Land & Land Development 169,595,028 337,680,000<br />
Buildings 482,539,865 503,989,548<br />
Vehicles 8,070,893 17,659,850<br />
Electrical Installation 27,499,986 34,929,268<br />
Office Equipment 22,387,498 14,600,112<br />
Machineries 1,345,002,493 1,554,860,365<br />
Furniture & Fixture 20,373,502 13,841,692<br />
Total 2,075,469,265 2,477,560,835<br />
The above survey company (Construction Management & Engineering Cell) has done the valuation of assets of the<br />
following mention company: i) Alpha Tobacco Manufacturing Inds. <strong>Ltd</strong>. ii) Bangladesh Leaf Tobacco Co. <strong>Ltd</strong>.iii)<br />
Mcgraror Balfour (BD) <strong>Ltd</strong>. iv) Genuine Leather & Footwear Industries <strong>Ltd</strong>. v) Haque Brothers (industries) <strong>Ltd</strong>. etc.<br />
Transaction between Holding/subsidiary/associate Company and the Issuer within the 5 years<br />
Considering voting right of 20% or more in another company there is no associates company of <strong>Beacon</strong><br />
<strong>Pharmaceuticals</strong> Limited as per BAS 28 Para 4 but there is a common directorship with Royal Trading Corporation<br />
Limited (RTCL). The transaction has been made during last five years with such company as follows:<br />
Particulars 30.06.2009 30.06.2008 30.06.2007 30.06.2006 30.06.2005<br />
Due from BPL 37,769,480.00 37,946,226.00 34,658,210.00 30,137,573.75 Nil<br />
Special Report from the Auditors<br />
Auditors' Certificate for Issue of Shares Otherwise than for Cash<br />
Allotment of shares to the directors and subscribers to the Memorandum of Association and Articles of Association for<br />
cash & consideration otherwise than cash issued up to 30 June 2009 stated as follows:<br />
A) Cash<br />
Name of Director Status with the Company No. of shares Allotted<br />
Md. Ebadul Karim Managing Director 125,000<br />
Nurun Nahar Karim Director 125,000<br />
Total (A) 250,000<br />
B) Otherwise than Cash<br />
Name of Directors Status with the Company No. of shares Allotted<br />
Md.Ebadul Karim Managing Director 554,56,000<br />
Nurun Nahar Karim Director 45,00,000<br />
Mr.Niazul Karim Director 40,000<br />
23<br />
PROSPECTUS