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BIFC

All Eps Dividend Board Agm Q1 Q2 Q3

BIFC 13-Jul-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 July 19, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2017.

BIFC 11-Jul-2017

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 from 12.07.2017 to 24.07.2017. Trading of the shares of the Company will remain suspended on record date i.e., 25.07.2017.

BIFC 21-Jun-2017

(Q1 Un-audited): EPS was Tk. (1.70) for January-March, 2017 as against Tk. (1.86) for January-March, 2016; NOCFPS was Tk. 0.56 for January-March, 2017 as against Tk. 3.76 for January-March, 2016. NAV per share was Tk. 1.45 as of March 31, 2017 and Tk. 8.05 as of March 31, 2016.

BIFC 18-Jun-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 June 20, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2017.

BIFC 18-Jun-2017

There will be no price limit on the trading of the shares of the Company today (18.06.2017) following its corporate declaration.

BIFC 18-Jun-2017

The Board of Directors has recommended No dividend for the year ended on December 31, 2016. Date of AGM: 20.09.2017, Time: 10:00 AM, Venue: To be notified later. Record Date: 25.07.2017. The Company has also reported EPS of Tk. (6.77), NAV per share of Tk. 3.15 and NOCFPS of Tk. 6.14 for the year ended on December 31, 2016 as against Tk. (6.22), Tk. 9.91 and Tk. (12.16) respectively for the same period of the previous year.

BIFC 08-Jun-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 June 17, 2017 at 11:00 AM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2016.

BIFC 22-Jan-2017

Alpha Credit Rating Limited (AlphaRating) has rated the Company as "B" in the long term and "ST-5" in the short term along with a stable outlook based on audited financial statements of the Company till December 31, 2015, and other relevant qualitative information till December 31, 2016.

BIFC 01-Jan-2017

(Continuation news of BIFC): 3. Taxation: Minimum Tax: Provisions were not made for minimum tax of Tk. 23,38,297 under section 16CCC of Income Tax Ordinance 1984. Subsequently BIFC management has decided to file a Writ Petition before High Court Division to waive minimum tax. Deferred Tax: The Company has not calculated the deferred tax as per 15 & 20 on revaluation reserve in accordance BAS-12 "Income Taxes". As a result effect on Profit and loss & NAV was either overstated or understated. (End)

BIFC 01-Jan-2017

(Continuation news of BIFC): 2.20. The Financial statements shows a total expenditure Taka 8,28,96,178 as on 31.12.2015 against which we could not examine and vouch the expenditure relating to January to March 2015 amounting to Tk. 2,47,61,621. As our verifications of expenses to that period was limited to that extent. As reported by the management, the above papers and documents relating to the accounts were damaged by the fire caused in the office premise. (cont.6)

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