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EASTERNINS

All Eps Dividend Board Agm Q1 Q2 Q3

EASTERNINS 19-Jul-2021

(Continuation news of EASTERNINS): Alfa Textile Limited, Public Shareholders Director (1,70,100 shares) and Pioneer Dresses Limited, General Shareholders (3,76,350 shares) of Eastern Insurance Company Ltd. (the transferors/pledgors) to Shahjalal Islami Bank Ltd. (the transferee/pledgee) within 30 working days from the date of issuance of approval letter by DSE, under Regulation-47 of the Dhaka Stock Exchange (Listing) Regulations, 2015. (end)

EASTERNINS 19-Jul-2021

Dhaka Stock Exchange Limited (DSE) has accorded its consent to transfer of 9,91,730 shares of Eastern Insurance Company Ltd. outside the trading system of the exchange from Major (Retd.) Abdul Mannan, Sponsor Director (1,24,410 shares), Sunman Sweaters Limited, Corporate Director (2,64,890 shares), Sunpack Industries Limited, General Shareholders (27,990 shares), Peninsula Garments Limited, General Shareholders (27,990 shares), (cont.)

EASTERNINS 08-Jun-2021

(Continuation news of EASTERNINS): constitute a departure from IFRS. The company should increase its investment fluctuation fund by BDT 72,143,835 and also increase the investment by BDT 124,643,835 to reflect the Fair Value of the investment and decrease provision for investment fluctuation fund by BDT 52,500,000. (end)

EASTERNINS 08-Jun-2021

(Continuation news of EASTERNINS): share money deposit of BDT 275,909,400 of the subsidiary as a consolidation adjustment which constitute a departure from IFRS. The Group have not recognized goodwill of BDT 275,909,400 in the Consolidated Statement of Financial Position. Furthermore, as more described in note no. 14.02 Provision for investment fluctuation fund the Company have made a reserve of BDT 52,500,000 as reserve against investment fluctuation which (cont.2)

EASTERNINS 08-Jun-2021

The auditor of the Eastern Insurance Company Ltd. has given the "Qualified Opinion" paragraphs in the Auditor's Report for the year ended on 31 December 2020. Basis for Qualified Opinion: As further disclosed in note no. 14.A Consolidated Investment is Shares and Debentures to the consolidated financial statements, the investment in subsidiary of BDT 285,909,200 has been adjusted against the share capital of BDT 9,999,800 and (cont.1)

EASTERNINS 31-May-2021

(Disregard News): Please disregard the News of EASTLAND Q1 Financials, which is inadvertently disseminated in EASTERNINS code.

EASTERNINS 31-May-2021

(Q1 Un-audited): EPS was Tk. 0.34 for January-March 2021 as against Tk. 0.31 for January-March 2020. NOCFPS was Tk. 0.11 for January-March 2021 as against Tk. 0.10 for January-March 2020. NAV per share was Tk. 20.98 as on March 31, 2021 and Tk. 21.32 as on March 31, 2020.

EASTERNINS 25-May-2021

Trading of the shares of the Company will resume on 27.05.2021 after record date.

EASTERNINS 24-May-2021

Trading of the shares of the Company will remain suspended on record date i.e., 25.05.2021.

EASTERNINS 20-May-2021

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 with cum benefit from 23.05.2021 to 24.05.2021. Trading of the shares of the Company will remain suspended on record date i.e., 25.05.2021.

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