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BARKAPOWER

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BARKAPOWER 15-Oct-2018

As per Regulation 19(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 October 27, 2018 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.

BARKAPOWER 07-Oct-2018

The Company has informed that Mr. Gulam Rabbani Chowdhury has been elected as Chairman and Mr. Fahim Ahmed Chowdhury has been appointed as the Managing Director of the Company with effect from September 25, 2018.

BARKAPOWER 20-Aug-2018

(Continuation news of BARKAPOWER): from the Commercial Operation Date (COD). The required COD of the new plant is 9 months from the date of LOI. Apart from 51% shares in BSPL of Baraka Patenga Power Limited, Baraka Power Limited has invested in 20% shares of BSPL. By way of cross holding (with 51% holding of Baraka Patenga Power), aggregate shareholding of Baraka Power Limited in Baraka Shikalbaha Power Limited is 46.01%. (end)

BARKAPOWER 20-Aug-2018

(Continuation news of BARKAPOWER): has signed the Power Purchase Agreement (PPA) with BPDB on August 19, 2018 and has also signed the Implementation Agreement (IA) with the Government of Bangladesh (GOB) represented by the Ministry of Power, Energy and Mineral Resources on the same day. Accordingly, Baraka Shikalbaha Power Limited (BSPL) will implement the HFO fired IPP power plant on Build, Own, Operate (BOO) basis for a term of 15 years (cont. 2)

BARKAPOWER 20-Aug-2018

With reference to their earlier disclosure disseminated on March 01, 2018 regarding issuance of LOI to Baraka Patenga Power Limited and its consortium by BPDB vide memo dated February 28, 2018, the Company has further informed that Baraka Shikalbaha Power Limited (a 51% subsidiary of Baraka Patenga Power Limited formed to implement the 105 MW power plant project at Shikalbaha, Chittagong) (cont. 1)

BARKAPOWER 05-Jun-2018

(Continuation news of BARKAPOWER): issuance of preference shares due to failure of the company to comply with the condition 6 of the BSEC Notification No. SEC/CMRRCD/2009-193/114/Admin/28, dated October 2, 2011 in respect of maintaining joint-holding of minimum 30% shares of the paid-up capital of the company by its Sponsor/Promoter Group at least for 3 years from the date of according consent. (end)

BARKAPOWER 05-Jun-2018

Referring to their earlier news disseminated by DSE on 31.10.2017 regarding board decision to increase authorized capital and issuance of preference shares, the Company has further informed that BSEC, vide its letter dated May 31, 2018 has declined to approve the anticipated increase of capital of the company through (cont.)

BARKAPOWER 03-May-2018

(Q3 Un-audited): Consolidated EPS was Tk. 0.36 for January-March 2018 as against Tk. 0.71 for January-March 2017; Consolidated EPS was Tk. 1.51 for July 2017-March 2018 as against Tk. 2.13 for July 2016-March 2017. Consolidated NOCFPS was Tk. 3.78 for July 2017-March 2018 as against Tk. 4.56 for July 2016-March 2017. Consolidated NAV per share was Tk. 18.57 as on March 31, 2018 and Tk. 20.12 as on June 30, 2017.

BARKAPOWER 23-Apr-2018

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 April 30, 2018 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.

BARKAPOWER 27-Mar-2018

(Continuation news of BARKAPOWER): 2. Baraka Power Limited has signed an agreement with Baraka Shikalbaha Power Limited to act as Engineering, Procurement and Construction (EPC) Contractor of Baraka Shikalbaha Power Limited. The total EPC Contract price is USD 28.00 million out of which Baraka Power Limited is expecting to earn a tentative net margin of 3.00% upon completion of the EPC contract. (end)

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