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AZIZPIPES

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AZIZPIPES 08-Jan-2017

(continuation news of AZIZPIPES):have gone into litigation to mitigate their respective grievances and such no interest has been charged during the year against those loans. However, the company management should take pragmatic actions to negotiate the matter as early as possible. 5. Gross Profit: The Company is constantly running at a loss. Its profitability of the company is negative and gross profit rate is only 5%. Due to existing court cases against and consequent non-cooperation from (cont. 6)

AZIZPIPES 30-Oct-2016

The Company has informed that the Board of Directors has adopted the audited financial statements for the 18 months period from January 01, 2015 to June 30, 2016. The Board of Directors has recommended no dividend for the 6 months period from January 01, 2016 to June 30, 2016. The earlier declared Record Date i.e. 22.05.2016 has remained unchanged. New Date of AGM: 15.12.2016, Time: 10:00 AM, Venue: Institution of Diploma Engineers Bangladesh, 160/A, Kakrail, Dhaka-1000. (cont.)

AZIZPIPES 09-May-2016

The Company has further informed that as per BSEC Directive dated April 27, 2016 regarding change in accounting year, The Company has postponed their AGM which was scheduled to be held on June 09, 2016. The new date of AGM will be notified later.

AZIZPIPES 02-May-2016

The Board of Directors has recommend no dividend for the year ended on December 31, 2015. Date of AGM: 09.06.2016, Time: 10:00 AM, Venue: Institution of Diploma Engineers Bangladesh, 160/A, Kakrail, Dhaka. Record Date: 22.05.2016. The Company has also reported EPS of Tk. (1.81), NAV per share of Tk. (52.68) and NOCFPS of Tk. 2.57 for the year ended on December 31, 2015 (cont.)

AZIZPIPES 30-Apr-2015

The Board of Directors did not recommend any dividend for the year ended on December 31, 2014. Date of AGM: 11.06.2015, Time: 10:30 AM, Venue: Abacus Convention Center, Red Crescent-Borak Tower, 71-72, Eskaton Garden, Dhaka. Record Date: 20.05.2015. The Company has also reported EPS of Tk. (1.32), NAV per share of Tk. (50.87) and NOCFPS of Tk. 1.51 for the year ended on December 31, 2014 as against Tk. 0.30, Tk. (49.99) and Tk. 4.41 respectively for the year ended on December 31, 2013.

AZIZPIPES 15-May-2014

(continuation of news of AZIZPIPE): 6. Loan Fund: The company has continuously been defaulting in payment of instalment against short-term loan and cash credit from Uttara Bank Limited, Dutch Bangla Bank Limited and National Bank Limited, which included in Note-13, 14 & 15. The company is under process of negotiation for restructuring with those financial institutions. Both the company and Uttara Bank Limited, Dutch Bangla Bank Limited and National Bank Limited have gone into litigation to mitigate their respective grievances and such no interest has been charged during the year against those loans. However, the company management should take pragmatic actions to negotiate the matter as early as possible. (End)

AZIZPIPES 30-Apr-2014

The Board of Directors did not recommend any dividend for the year ended on December 31, 2013. Date of AGM: 26.06.2014, Time: 10:00 AM, Venue: Trust Milonayatan, 545, Old Airport Road, Dhaka Cantonment, Dhaka. Record Date: 21.05.2014. The Company has also reported EPS of Tk. 0.14, NAV per share of Tk. (43.45) and NOCFPS of Tk. 4.35 for the year ended on December 31, 2013 as against Tk. 0.39, Tk. (42.04) and Tk. 1.76 respectively for the year ended on December 31, 2012.

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