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FIRSTFIN

All Eps Dividend Board Agm Q1 Q2 Q3

FIRSTFIN 30-Jul-2017

(Continuation news of FIRSTFIN): d) For fair presentation of financial statements management should follow the accrual basis in recognizing the interest income from Fixed Deposit. e) The company needs to establish the Workers Profit Participation Fund (WPPF) complying the Labour Act 2006 and as amended. (End)

FIRSTFIN 30-Jul-2017

(Continuation news of FIRSTFIN): and FICL statement prepared by the Company was Tk. 231,619,230.00, the matter should be reconciled immediately. b) First Finance Limited sanctioned a loan to one of it's directors amounting to Tk. 70 lakh, contravening the section 103 of Companies Act 1994. c) Referring to note no. 25 to the financial statements, unrealized amount needs to be accounted for as receivable. (cont.2)

FIRSTFIN 30-Jul-2017

(Emphasis of Matter): The auditor of the company has given the following "Emphasis of Matter" paragraph in the audit report of the company for the year ended on 31 December 2016: Emphasis of Matter We draw attention to the following matters, though our opinion is not qualified in respect of the same: a) Difference between balance in general ledger Loans and Advances (cont.1)

FIRSTFIN 24-Jul-2017

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 July 30, 2017 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2017.

FIRSTFIN 15-Jun-2017

The Company has further informed that following a writ petition (No. 8911/17) filed by one of the shareholders of the Company, the Honorable High Court Division of the Supreme Court of Bangladesh, has issued an Order to stay the AGM of the Company to be held on June 15, 2017, for a period of 6 months.

FIRSTFIN 23-May-2017

Trading of the shares of the Company will resume on 24.05.2017 after record date.

FIRSTFIN 22-May-2017

Trading of the shares of the Company will remain suspended on record date i.e., 23.05.2017.

FIRSTFIN 15-May-2017

(Q1 Un-audited): EPS was Tk. (0.83) for January-March, 2017 as against Tk. (1.05) for January-March, 2016; NOCFPS was Tk. (3.06) for January-March, 2017 as against Tk. 1.50 for January-March, 2016. NAV per share was Tk. 12.67 as of March 31, 2017 and Tk. 12.01 as of March 31, 2016.

FIRSTFIN 11-May-2017

(Continuation news of FIRSTFIN): the shortfall of provision for loans and advances is amounting to (Tk. 458,423,039-Tk. 391,335,176) Tk. 67,087,864. ii.The Company management made shortfall in provision for income tax amounting to Tk. 21,961,092. If this amount has been considered in this account, net profit of the Company would have been reduced by the same amount which also affects the EPS and performance of the Company significantly. (end)

FIRSTFIN 11-May-2017

(Qualified Opinion): The auditor of the company has given the following Basis for Qualified Opinion in the audit report of the company for the year ended on 31 December 2016: Basis for Qualified opinion: i.The Company did not maintain required amount of provision for loans and advances as per the circular of Bangladesh Bank. As disclosed in note 14.1 regarding provision for loans and advances, (cont.)

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