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FIRSTFIN

All Eps Dividend Board Agm Q1 Q2 Q3

FIRSTFIN 28-Apr-2016

The Company will be placed in 'Z' category from existing 'B' category with effect from April 28, 2016 as the Company did not recommend any dividend for year ended on December 31, 2015.

FIRSTFIN 28-Apr-2016

There will be no price limit on the trading of the shares of the Company today (28.04.2016) following its corporate declaration.

FIRSTFIN 28-Apr-2016

The Board of Directors has recommended no dividend for the year ended on December 31, 2015. Date of AGM: 09.06.2016, Time: 11:00 AM, Venue: Trust Milonayaton, 545, Old Airport Road, Dhaka Cantonment, Dhaka. Record Date: 19.05.2016. The Company has also reported Net Profit of Tk. 9.37 million, EPS of Tk. 0.08, NAV per share of Tk. 13.07 and NOCFPS of Tk. 9.15 for the year ended on 31.12.2015 as against Tk. 73.28 million, Tk. 0.66, Tk. 13.64 and Tk. 0.73 respectively for the year ended on 31.12.2014.

FIRSTFIN 26-Apr-2016

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 April 27, 2016 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2016.

FIRSTFIN 21-Apr-2016

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 April 27, 2016 at 5:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.

FIRSTFIN 01-Dec-2015

(Continuation news of FIRSTFIN): Note-25.1: Other income includes a total sum of Tk. 43,912,469.00 accrued against some parties in default for non-payment of loans and charges against which money suits were filed with by the company. Such interest and charges were accounted for under interest during construction period of BDT 31,474,818.00, delinquent charges of BDT 7,942,651.00 and transfer fees of BDT 4,495,000.00 as income. (end)

FIRSTFIN 01-Dec-2015

(Continuation news of FIRSTFIN): Deferred tax assets and liabilities are measured using tax rates and tax laws that have been enacted or substantially enacted at the Statement of Financial Position date. The impact on the account of changes in the deferred tax assets and liabilities has also been recognized in the Statement of Comprehensive Income as per BAS12 "Income Taxes." (cont.4)

FIRSTFIN 01-Dec-2015

(Continuation news of FIRSTFIN): liabilities are the amount of income tax payable in future periods in respect of taxable temporary differences. Deferred tax assets are the amount of income taxes recoverable in future periods in respect of deductible temporary differences. Deferred tax assets and liabilities are recognized for the future tax consequences of timing differences arising between the carrying values of assets, liabilities, income and expenditure and their respective tax bases. (cont.3)

FIRSTFIN 01-Dec-2015

(Continuation news of FIRSTFIN): the profit for the year would have been reduced to that extent. 2. As detailed in note-2.6(b), an amount of BDT 2.98 crore is still required for providing provision for income tax, on the incremental income assessed by tax authorities for which appeal decisions are still pending with the High Court. Had this amount been considered in the accounts, net profit of the company would have been reduced by the same amount. Note-2.6(b): Deferred tax: Deferred tax (cont.2)

FIRSTFIN 01-Dec-2015

(Qualified Audit Opinion): Auditor of the company has given the following qualified audit opinion in the audit report of the company for the year ended on 31 December 2014: Basis for qualified opinion: We report that: 1. As referred to in note 25.1, interest during construction period, delinquent charges and transfer fees against parties in default were accounted for as other income, instead of booking under interest suspense account. Had that not been considered as income, (cont.1)

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