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FEDERALINS

All Eps Dividend Board Agm Q1 Q2 Q3

FEDERALINS 29-Jul-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 August 04, 2021 at 1:15 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2021.

FEDERALINS 07-Jul-2021

Trading of the shares of the Company will resume on 08.07.2021 after record date.

FEDERALINS 06-Jul-2021

Trading of the shares of the Company will remain suspended on record date i.e., 07.07.2021.

FEDERALINS 05-Jul-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 today i.e. 05.07.2021 to 06.07.2021. Trading of the shares of the Company will remain suspended on record date i.e., 07.07.2021.

FEDERALINS 22-Jun-2021

(Continuation news of FEDERALINS): Note: 39: The company is trying to amortize the outstanding Tax matters shortly (from assessment year 1998-1999 to 2018-2019) Annexure -C: The board of directors have decided to re-value company's premises at 28 Dilkhusha, Dhaka in 2021 subject to permission of the regulatory authority. (end)

FEDERALINS 22-Jun-2021

(Continuation news of FEDERALINS): of the paid up capital required under gazette notification no. BSEC/CMRRCD/2009-193/217/Admin/90. Dated: 15 July 2019 of Bangladesh Securities and Exchange commission. Note 7.00: Closing balance of gratuity is BDT 3,000,000 and 1,000,000 as on 31 December 2020 and 31 December 2019 respectively. The company made past service cost for defined employees benefit obligation (gratuity) Tk. 11,238,898 during the year and said cost stands at Tk. 58,988,375. (cont.2)

FEDERALINS 22-Jun-2021

The auditor of the Federal Insurance Company Ltd. has given the "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended on 31 December 2020. Emphasis of Matter: We draw attention to the fact disclosed in note -4.02.04, 07, 39 and annexure -C. Note no. 4.02.04: The sponsor shareholding is 35.72% against 60% as required by insurance act 2010 section 21 (3) and schedule 1. On the other hand, the sponsors and directors of the company are holding more than the 30% shares (cont.1)

FEDERALINS 10-Jun-2021

(Continuation news of FEDERALINS): iii) Stock Dividend 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)

FEDERALINS 10-Jun-2021

Dividend Declaration (Additional Information): The Company has further informed that reasons for declaration of stock dividend: i) Bonus share utilizing the share premium balance in terms of Section 57(2) of the Companies Act 1994. ii) Stock Dividend is not declared on accumulated profit of the Company. (cont.)

FEDERALINS 09-Jun-2021

(Q1 Un-audited): EPS was Tk. 0.33 for January-March 2021 as against Tk. 0.27 for January-March 2020. NOCFPS was Tk. 0.68 for January-March 2021 as against Tk. 0.70 for January-March 2020. NAV per share was Tk. 12.73 as on March 31, 2021 and Tk. 12.40 as on December 31, 2020.

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