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BARKAPOWER

All Eps Dividend Board Agm Q1 Q2 Q3

BARKAPOWER 31-Oct-2017

The Board of Directors of the Company has decided to increase the Authorized Capital of the Company from Tk. 300.00 crore to Tk. 400.00 crore subject to approval of the shareholders in the EGM. The Board has also decided to issue 8,00,00,000 non-listed, non-convertible, cumulative, redeemable preference share of Tk. 10.00 each amounting Tk. 80.00 crore through private placement for meeting up financing needs of the Company. (cont.)

BARKAPOWER 29-Oct-2017

There will be no price limit on the trading of the shares of the Company today (29.10.2017) following its corporate declaration.

BARKAPOWER 29-Oct-2017

The Board of Directors has recommended 5% cash and 15% stock dividend for the year ended on June 30, 2017. Date of AGM: 14.12.2017, Time: 12:30 PM, Venue: Hotel Star Pacific, Dargah Gate, Sylhet-3100. Record date: 21.11.2017. The Company has also reported Consolidated EPS of Tk. 2.63, Consolidated NAV per share of Tk. 20.12 and Consolidated NOCFPS of Tk. 3.52 for the year ended on June 30, 2017 as against Tk. 2.52, Tk. 19.86 and Tk. 5.08 respectively for the same period of the previous year.

BARKAPOWER 18-Oct-2017

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 26, 2017 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017.

BARKAPOWER 09-Aug-2017

(Continuation news of BARKAPOWER): and Board of Directors of Baraka Power Limited has decided to invest 25% shares in Karnaphuli Power Limited. By way of cross holding (with Baraka Patenga Power's 51%), Baraka Power Limited's shareholding will be stood at 51.01% aggregately in Karnaphuli Power Limited. The required COD of the new plant is 15 months from the date of agreement signing. (end)

BARKAPOWER 09-Aug-2017

The Company has informed that Bangladesh Power Development Board (BPDB) has issued Letter of Intent (LOI) to karnaphuli Power Limited vide their memo dated 08.08.2017 for implementing HFO fired IPP power plant having capacity of 110 MW on BOO (Build, Own, Operate) basis at Sikalbaha, Chittagong for term of 15 years from the commercial operation date (COD). Baraka Power Limited's subsidiary Baraka Patenga Power Limited has 51% shares in Karnaphuli Power Limited (cont.)

BARKAPOWER 22-May-2017

With reference to their earlier news (disseminated by DSE on 24.04.2017) regarding a decision for acquisition of RMG Factory, the Company has further informed that the acquisition process of a 100% export oriented newly build compliance running Ready-Made-Garments factory has been completed.

BARKAPOWER 24-Apr-2017

(continuation news of BARKAPOWER): The estimated average net earnings (based on 10 years projection) of the Project will be Tk. 6.91 crore per year. The further information about the acquisition proposal will be informed within May 31, 2017 subject to the acquisition due diligence is done and accordingly agreement is signed. (end)

BARKAPOWER 24-Apr-2017

The Company has informed that the Board of Directors has approved the acquisition proposal of a 100% export oriented newly built compliance running Ready-Made-Garments Factory having 10-line (woven tops) production capacity with a value of Tk. 30.00 crore and additional cost of Tk. 10.00 crore that will be invested by new management totaling Tk. 40.00 crore. The deal may be financed through 70:30 debt-equity ratio and Baraka Power Limited will take 51% equity amounting Tk. 6.12 crore. (cont.)

BARKAPOWER 24-Apr-2017

(Q3 Un-audited): Consolidated EPS was Tk. 0.77 for January-March, 2017 as against Tk. 0.74 for January-March, 2016; Consolidated EPS was Tk. 2.40 for July, 2016-March, 2017 as against Tk. 2.27 for July, 2015-March, 2016. Consolidated NOCFPS was Tk. 4.56 for July, 2016-March, 2017 as against Tk. 4.73 for July, 2015-March, 2016. Consolidated NAV per share was Tk. 19.89 as of March 31, 2017 and Tk. 19.86 as on June 30, 2016.

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