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CVOPRL

All Eps Dividend Board Agm Q1 Q2 Q3

CVOPRL 04-Oct-2016

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 23, 2016 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2016.

CVOPRL 21-Sep-2016

(continuation news of CVOPRL): are selling refined petroleum products in the open market" the words "if the other licensees of condensate are selling their finished products in open market, the respondent No. 1 (i.e. CVO Petrochemical Refinery Limited) may also be given similar opportunity" be substituted. The prayer so made is reasonable and accordingly allowed. The above Order be corrected. The application is accordingly disposed of. (end)

CVOPRL 21-Sep-2016

The Company has informed that the Hon'ble Supreme Court of Bangladesh, Appellate Division, has issued an ORDER on the Civil Petition for Leave to Appeal No. 2656 of 2016 on 22 August which was amended on 07 September, 2016, mentioning as follows: "This is an application for modification of the Order dated 22 August, 2016 to the extent that for the words "This order will not stand on the way if other licensee/licensees (cont.)

CVOPRL 10-Aug-2016

(Continuation news of CVOPRL): should not be declared without lawful authority and is of no legal effect and/or pass such order or further order or orders as to this Court may seem fit and proper. The respondents are directed to supply condensate to the petitioner company pursuant to allotments dated 30.10.2014 and 10.06.2015 within a period of 7 days from the date of receipt of this order. The Rule is made returnable within 4 weeks". (end)

CVOPRL 10-Aug-2016

(Continuation news of CVOPRL): The Hon'able High Court issued a Rule Nisi on August 04, 2016, stating the following: "Let a Rule Nisi be issued calling upon the respondents to show cause as to why the letter dated 27.07.2016 issued by the respondent No. 1 informing to stop supply of condensate to the petitioner company without issuing of prior show cause notice (cont. 2)

CVOPRL 10-Aug-2016

The Company has informed that, Sylhet Gas Fields Limited has temporarily suspended the supply of raw materials of the Company through a letter dated July 27, 2016. The Company filed a Writ Petition no. 9572 of 2016 in High Court Division of the Hon'able Supreme Court of Bangladesh, against the order of Sylhet Gas Fields Ltd., PETROBANGLA, BPC and Energy & Mineral Resources Division of Ministry of Power, Energy & Mineral Resources of the Government. (cont. 1)

CVOPRL 29-May-2016

(continuation news of CVOPRL): Kerosene from Previous Price Tk. 55.92 per Ltr. to Revised Price Tk. 59.00 per Ltr., Petrol from Previous Price Tk. 56.29 per Ltr. to Revised Price Tk. 60.00 per Ltr., Octane from Previous Price Tk. 58.27 per Ltr. to Revised Price Tk. 67.00 per Ltr. The Company's profit will increase approximately 6% to 7% from the above price increase. (end)

CVOPRL 29-May-2016

The Company has informed that the Ministry of Power, Energy and Mineral Resources has revised the price of petroleum products vide a Government gazette on May 24, 2016. The per liter revised price of the petroleum products are as follows: Product Name: Diesel from Previous Price Tk. 55.94 per Ltr. to Revised Price Tk. 58.00 per Ltr., (cont.)

CVOPRL 28-Apr-2016

(Q3 Un-audited): EPS was Tk. 1.23 for January-March, 2016 as against Tk. 1.72 for January-March, 2015; EPS was Tk. 7.12 for July, 2015-March, 2016 as against Tk. 4.14 for July, 2014-March, 2015. NOCFPS was Tk. 8.26 for July, 2015-March, 2016 as against Tk. 0.98 for July, 2014-March, 2015. NAV per share was Tk. 20.48 as of March 31, 2016 and Tk. 14.59 as of June 30, 2015.

CVOPRL 21-Apr-2016

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 27, 2016 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2016.

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