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DUTCHBANGL

All Eps Dividend Board Agm Q1 Q2 Q3

DUTCHBANGL 07-Jul-2020

(Continuation news of DUTCHBANGL): entity would rent an office building or a branch premises for several years with such a rental agreement being classified as operating lease would have been considered as an off balance sheet item. However, IFRS 16 does not require a lease classification test and hence all leases shall be accounted for as on balance sheet item (except some limited exception (cont.3)

DUTCHBANGL 07-Jul-2020

(Continuation news of DUTCHBANGL): Leases is effective for the annual reporting periods beginning on or after 1 January 2019. IFRS 16 defines that a contract is (or contains) a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. IFRS 16 significantly changes how a lessee accounts for operating leases. Under previous IAS 17, an (cont.2)

DUTCHBANGL 07-Jul-2020

Emphasis of Matter: We draw attention to note 2 of the financial statements, which describes matters related to implementation of 'IFRS 16 Leases' including preliminary assessment of its impact as assessed by management. Our opinion is not modified in respect of this matter. Note-2: Significant accounting policies and basis of preparation of financial statements Note- 2.2 IFRS 16: Leases: IFRS 16 (cont.1)

DUTCHBANGL 24-Jun-2020

The Company has further informed that the 24th AGM will now be held on July 08, 2020 at 11:00 AM. The AGM will be held virtually by using Digital Platform.

DUTCHBANGL 10-Jun-2020

(Q1 Un-audited): Consolidated EPS was Tk. 1.51 for January-March 2020 as against Tk. 0.95 for January-March 2019. Consolidated NOCFPS was Tk. 17.86 for January-March 2020 as against Tk. 4.09 for January-March 2019. Consolidated NAV per share was Tk. 56.35 as on March 31, 2020 and Tk. 47.12 as on March 31, 2019.

DUTCHBANGL 04-Jun-2020

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 09 2020 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, 2020.

DUTCHBANGL 02-Jun-2020

Trading of the Shares of the Company will resume on 03.06.2020 after record date.

DUTCHBANGL 01-Jun-2020

Trading of the shares of the Company will remain suspended on record date i.e., 02.06.2020.

DUTCHBANGL 01-Jun-2020

With reference to their earlier news disseminated by DSE on 16.03.2020 regarding dividend declaration, the company informed that Bangladesh Bank issued a circular regarding dividend policy through DOS Circular No. 03, dated May 11, 2020, as per the circular, banks can declare highest 15 to 30 percent dividend including a 7.5 to 15 percent cash as per their ability maintaining some other obligations.

DUTCHBANGL 31-May-2020

The Company has further informed that due to unavoidable circumstances, the 24th AGM, scheduled to be held on April 27, 2020 has been postponed. The new date and time of the AGM will be notified later on.

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