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ARGONDENIM

All Eps Dividend Board Agm Q1 Q2 Q3

ARGONDENIM 14-May-2014

(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported net profit after tax of Tk. 83.25 million with basic EPS of Tk. 1.16 as against Tk. 45.16 million and Tk. 0.63 respectively for the same period of the previous year. However, considering bonus share @ 15% for the year 2013, restated basic EPS is Tk. 1.01 as on 31.03.2014 and Tk. 0.55 as on 31.03.2013.

ARGONDENIM 12-May-2014

(Continuation of news of ARGONDENIM): b) We observed excess payment of IPO related expenses. c) Liabilities from IPO fund found adjusted against bridge finance and short term loan earlier undisclosed in the prospectus. d) We also observed that significant amount was made to various suppliers and contractors against purchase of construction materials from IPO proceeds for expansion project in cash instead of cheque. " (End)

ARGONDENIM 12-May-2014

(Emphasis of matter) Auditor of the company has given the following emphasis of matter in the audit report of the company for the year ended on 31 December 2013: "without qualifying our opinion above, we draw attention to note 36.1 (a, b, c & d), where management explanation though circumstantial but deserves due corrective action to avoid future repletion. Note 36.1 Observations on IPO Fund Utilization: a) We observed over adjustment of short term loan from IPO proceeds beyond the prospectus amount. (cont.1)

ARGONDENIM 28-Apr-2014

The Company has sent minutes of its 3rd EGM held on April 24, 2014 to DSE, from which it has been revealed that the shareholders of the Company have resolved as a special resolution that the authorized capital of the Company be increased from Tk. 100.00 crore to Tk. 150.00 crore as well as necessary amendments shall be made to Clause V of the Memorandum of Association and Article 5 of the Articles of Association of the Company.

ARGONDENIM 27-Apr-2014

Credit Rating Information and Services Limited (CRISL) has rated the Company as "A" in the long term and "ST-3" in the short term in consideration of financials of the Company up to December 31, 2013 (audited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.

ARGONDENIM 10-Apr-2014

The Company has further informed that due to unavoidable circumstances, the 3rd EGM of the Company will now be held on April 24, 2014 at 10:00 AM at Greentech Resort & Convention Center (GRCC), Bhabanipur, Gazipur instead of April 15, 2014. Other information of the EGM will remain unchanged

ARGONDENIM 10-Apr-2014

Normal trading of the shares of the Company will resume on 13.04.2014 after record date.

ARGONDENIM 09-Apr-2014

Trading of the shares of the Company will remain suspended on record date i.e., 10.04.2014.

ARGONDENIM 06-Apr-2014

Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 07.04.2014 to 09.04.2014. Trading of the shares of the Company will remain suspended on record date i.e., 10.04.2014.

ARGONDENIM 03-Apr-2014

There will be no price limit on the trading of the shares of the Company today (03.04.2014) following its corporate declaration.

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