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BIFC

All Eps Dividend Board Agm Q1 Q2 Q3

BIFC 10-May-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 May 15, 2018 at 6:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2018.

BIFC 03-May-2018

There will be no price limit on the trading of the shares of the Company today (03.05.2018) following its corporate declaration.

BIFC 03-May-2018

The Board of Directors has recommended No dividend for the year ended on December 31, 2017. Date, time and venue of the AGM: To be notified later. Record Date: 10.06.2018. The Company has also reported EPS of Tk. (9.34), NAV per share of Tk. (6.19) and NOCFPS of Tk. 1.06 for the year ended on December 31, 2017 as against Tk. (6.77), Tk. 3.15 and Tk. 6.14 respectively for the same period of the previous year.

BIFC 23-Apr-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 April 30, 2018 at 6:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2017.

BIFC 30-Oct-2017

(Q3 Un-audited): EPS was Tk. (2.00) for July-September, 2017 as against Tk. (1.51) for July-September, 2016; EPS was Tk. (5.45) for January-September, 2017 as against Tk. (4.90) for January-September, 2016. NOCFPS was Tk. 1.64 for January-September, 2017 as against Tk. 3.45 for January-September, 2016. NAV per share was Tk. (2.30) as on September 30, 2017 and Tk. 5.02 as on September 30, 2016.

BIFC 25-Oct-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 October 29, 2017 at 6:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2017.

BIFC 14-Sep-2017

The Company has further informed that the 21st AGM of the Company will be held on September 20, 2017 at 10:00 AM at Police Convention Hall, Eskaton Garden, Ramna, Dhaka. Other information is as announced earlier.

BIFC 25-Jul-2017

(Continuation news of BIFC): capital of the company is Tk. 1,006,799,440.00 indicates doubtful as a going concern entity and there cast a doubt to see company as going concern in the foreseeable future. 2. Out of total outstanding amount of Tk. 8,773,730,633.00 an amount of Tk. 7,533,878,259.00 is classified as bad/loss as on 31 December 2016 which is 85.87% of total outstanding amount. As a result, all the related financial indicators of this company suffered serious setback. (end)

BIFC 25-Jul-2017

(Continuation news of BIFC): Tk. 316,716,841.00 which is 60.75% of total equity. 8. As per Bangladesh Bank DFIM Circular no-13, Dated 26 October 2011; Every Financial Institution has to conduct minimum four (04) audit committee meetings in a financial year. But during the year the company did not follow such instruction of DFIM circular-13 by Bangladesh Bank. Emphasis of Matters: 1. As on 31 December 2016 retained earnings of the company stands at negative Taka 1,258,587,039.00 whereas paid-up (cont. 9)

BIFC 25-Jul-2017

(Continuation news of BIFC): institution. Provided that any financial institution may subject to its application and on consent of Bangladesh Bank, expend or use up to 50% of its paid-up capital and reserves for the acquisition and holding of the above mentioned kind of shares. But the company did not follow any of the above said section of Financial Institution Act-1993. As on 31 December 2016 total investment in quoted shares amount Tk. 192,413,639.00 whereas total equity stands at (cont. 8)

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