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CONTININS

All Eps Dividend Board Agm Q1 Q2 Q3

CONTININS 06-May-2021

(Continuation news of CONTININS): Note 11.01 GOVERNMENT TREASURY BOND: This represents the value of Government Treasury Bond lying with Bangladesh Bank as statutory deposit required section-7(1) of Insurance Act-1938. The Company is currently working towards updating their Investment Policy and restricting their investments to bring them in line with SRO No. 353-law/2019 dated 14 November 2019 issued by the IDRA. (end)

CONTININS 06-May-2021

(Continuation news of CONTININS): Emphasis of Matter: We draw attention to Note 11.01 of the financial statements, which describes matters related to implementation of investment policy for non-life insurance companies as issued by the IDRA. Our opinion is not modified in respect of this matter. (cont.2)

CONTININS 06-May-2021

The auditor of the Continental Insurance Ltd has given the "Qualified Opinion" & "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended on 31 December 2020. Basis for Qualified Opinion: 1. There Company did not consider Deferred Tax Gain of BDT 8,57,644 when calculating Earnings Per Share (EPS) resulting in a clerical error. Without this error, the EPS would increase from BDT 1.29 to BDT 1.31. (cont.1)

CONTININS 13-Apr-2021

(Q1 Un-audited): EPS was Tk. 0.49 for January-March 2021 as against Tk. 0.45 for January-March 2020. NOCFPS was Tk. 0.15 for January-March 2021 as against Tk. 0.13 for January-March 2020. NAV per share was Tk. 20.32 as on March 31, 2021 and Tk. 20.10 as on March 31, 2020.

CONTININS 13-Apr-2021

There will be no price limit on the trading of the shares of the Company today (13.04.2021) following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.

CONTININS 13-Apr-2021

(Continuation news of CONTININS): iii) The Bonus share is not declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post-dividend retained earnings become negative or a debit balance. (end)

CONTININS 13-Apr-2021

(Continuation news of CONTININS): Reasons for declaration of stock dividend: i) Declaration of bonus share for increasing Paid up Capital of the Company. ii) The Bonus share is declared out of Accumulated Profit and (cont. 2)

CONTININS 13-Apr-2021

The Board of Directors has recommended 6% cash and 4% stock dividend for the year ended on December 31, 2020. Date of AGM: 15.06.2021, Time: 11:00 AM, Venue: Digital Platform. Record Date: 20.05.2021. The Company has also reported EPS of Tk. 1.29, NAV per share of Tk. 19.84 and NOCFPS of Tk. 1.16 for the year ended on December 31, 2020 as against Tk. 1.75 (restated), Tk. 18.70 (restated) and Tk. (1.19) (restated) respectively for the same period of the previous year. (cont. 1)

CONTININS 05-Apr-2021

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 12, 2021 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021.

CONTININS 05-Apr-2021

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 12, 2021 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.

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