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CVOPRL

All Eps Dividend Board Agm Q1 Q2 Q3

CVOPRL 08-Nov-2021

The auditor of the CVO Petrochemical Refinery Limited has given the "Emphasis of matters" paragraphs in the Auditor's Report for the year ended on 30 June, 2021. Emphasis of matters: We draw attention to note no. 3.13 (a) of the Financial Statements which described the fact of temporary non-deduction of employee's contribution and non-payment of employer 's contribution to the Provident Fund. Our opinion is not qualified in respect of this matter. (end)

CVOPRL 08-Nov-2021

(Correction): Reference to the news of dividend declaration disseminated by DSE on 28.10.2021, please be informed that approval from BSEC in connection with bonus shares is not applicable for the company as per BSEC Notification No. BSEC/CMRRCD/2009-193/23/Admin/123; Dated June 30, 2021. Therefore, Record date for entitlement of 10% Stock Dividend for the year ended on June 30, 2021 will be same i.e. 25.11.2021.

CVOPRL 08-Nov-2021

Reference to the news of dividend declaration disseminated by DSE on 28.10.2021, please be informed that approval from BSEC in connection with bonus shares is not applicable for the company as per BSEC Notification No. BSEC/CMRRCD/2009-193/23/Admin/123; Dated June 30, 2021. Therefore, Record date for entitlement of 2.5% Stock Dividend for the year ended on June 30, 2021 will be same i.e. 25.11.2021.

CVOPRL 31-Oct-2021

The Company has further informed that 1) The reasons for declarations of stock dividend or bonus shares and purposes or utilization of such retained amount as capital. 2) That the company has declared such stock dividend or bonus shares out of the accumulated profit or retained earnings; and (Cont.)

CVOPRL 31-Oct-2021

(Cont. of CVO): 3) That the company has not declared such stock dividend or bonus shares 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 as that the post-dividend retained earnings become negative or a debit balance; As per BSEC notification No. BSEC/CMRRCD/2009-193/23/Admin/123, dated: 30 June 2021. (End)

CVOPRL 28-Oct-2021

There will be no price limit on the trading of the shares of the Company today (28.10.2021) following its corporate declaration.

CVOPRL 28-Oct-2021

(Continuation news of CVOPRL): The Company has also reported EPS of Tk. (2.49), NAV per share of Tk. 11.55 and NOCFPS of Tk. 0.91 for the year ended on June 30, 2021 as against EPS of Tk. (0.51), NAV of Tk. 13.90 and NOCFPS Tk. 1.64 for the same period of the previous year. (end)

CVOPRL 28-Oct-2021

The Board of Directors has recommended 10% stock dividend (To raise the paid-up capital from Share Premium Reserve) for the year ended on June 30, 2021.Date of AGM: 26.12.2021. Time: 11:00 AM. Venue: Digital Platform. Record Date for AGM: 25.11.2021. AGM not for entitlitlement, such bonus shares will be issued subject to approval of the BSEC. (cont.)

CVOPRL 18-Oct-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 October 27, 2021 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.

CVOPRL 23-Sep-2021

The Company has informed that they have signed a Buy & Sell agreement of Naphtha with Bangladesh Petroleum Corporation (BPC) for the next 05 (five) years. Bangladesh Petroleum Corporation (BPC) has invited to CVO Petrochemical Refinery Limited (CVOPRL) to sign an agreement for Buy & Sell of Naphtha vide their letter dated: 20 September, 2021. And accordingly, the agreement has been signed on 22 September, 2021 at 4:30 PM in the Head office of BPC, Chattogram as per the decision of Board of Directors.

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