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ATLASBANG

All Eps Dividend Board Agm Q1 Q2 Q3

ATLASBANG 24-Jan-2017

The Company has informed that it has credited Bonus shares for the year ended on June 30, 2016 to the respective shareholders' BO Accounts on January 09, 2017. The Cash dividend warrant has also been disbursed.

ATLASBANG 24-Jan-2017

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on January 29, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2016.

ATLASBANG 20-Dec-2016

(Continuation news of ATLASBANG): The current credit facilities and resources of the company provides sufficient fund to meet the present requirements of its existing business. Moreover they believe that the company has adequate resources to continue in operation for the foreseeable future. For this reasons the directors continue to adopt going concern basis in preparing the Financial Statements. (end)

ATLASBANG 20-Dec-2016

(Continuation news of ATLASBANG): during the financial year 2014-2015. For this reason, sales of 2014-2015 substantially reduced from the previous year but after engagement of Distribution and Technical Assistance Agreement with Chongquing Zongshen Group I/E Crop, China ABL increase current year sales gradually from the financial year 2014-2015. The directors of the company expect better performance in the foreseeable future. (cont.3)

ATLASBANG 20-Dec-2016

(Continuation news of ATLASBANG): Note - 2(a) ii: Going Concern: The company had an agreement with Hero Honda Motors Limited to assemble and market "Hero Honda" brand motor cycle. Due to separation of business relation with Hero Honda Motors Limited in 2013 raw material was not imported from Hero Honda and there was no production of Hero Honda during the financial year 2014-2015. But according to MOU ABL started production of ZONGSHEN-ATLAS brand motorcycle (cont.2)

ATLASBANG 20-Dec-2016

The auditor of the company has given the following emphasis of matter in the audit report of the company for the year ended on 30 June 2016: Emphasis of Matter: Without qualifying our opinion, we draw attention to the following matter: 1. The Company has incurred a substantial amount of loss during the year. The management of the company has explained in the "note no. 2(a) ii" to the financial statements how they will continue in operational existence for the foreseeable future. (cont.1)

ATLASBANG 28-Nov-2016

Trading of the shares of the Company will resume on 29.11.2016 after record date.

ATLASBANG 27-Nov-2016

Trading of the shares of the Company will remain suspended on record date i.e., 28.11.2016.

ATLASBANG 23-Nov-2016

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 with cum benefit from 24.11.2016 to 27.11.2016. Trading of the shares of the Company will remain suspended on record date i.e., 28.11.2016.

ATLASBANG 07-Nov-2016

(Q1 Un-audited): EPS was Tk. (0.69) for July-September, 2016 as against Tk. (0.75) for July-September, 2015; NOCFPS was Tk. (0.83) for July-September, 2016 as against Tk. (3.52) for July-September, 2015. NAV per share was Tk. 176.00 as of September 30, 2016 and Tk. 177.00 as of June 30, 2016.

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