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GOLDENSON

All Eps Dividend Board Agm Q1 Q2 Q3

GOLDENSON 24-Apr-2018

(Continuation news of GOLDENSON): steps can be taken against them as per section 13(3) of the Customs Act, 1969. Necessary manpower will be employed for complying the order of the customs excise and vat appellate tribunal, Dhaka. Under the direct supervision of those staffs, the into-bond and product ex-bond will be conducted and the entry will also be confirmed in the bond register by those staffs as well. (cont. 8)

GOLDENSON 24-Apr-2018

(Continuation news of GOLDENSON): has been temporarily restored. However, the next course of actions will be taken against the company based on the decision from the High Court on the pending litigations that are currently running against the company. After the restoration of the bonded warehouse license, if the company further evades any customs or duties or if any irregularities are found against them or if required, as per normal course of law based on the previous cases, (cont. 7)

GOLDENSON 24-Apr-2018

(Continuation news of GOLDENSON): has been deposited in the Government treasury in the treasury chalan and 2% on financial penalty of Tk. 30,00,00,000.00 i.e. Tk. 60,00,000.00 under unconditional bank guarantee. These payments have been verified and found to be correct by the respective authorities. As conditions imposed by the customs excise and vat appellate tribunal of Dhaka has been obeyed, as per the said interim order, the bonded warehouse license of Golden Son Limited (cont. 6)

GOLDENSON 24-Apr-2018

(Continuation news of GOLDENSON): register and for this instruction was given to the Commissioner, Customs Bond Commissionerate, Chittagong to engage sufficient staffs for restoring the bond license of the appellate. Alongside, it is also instructed to the bond company to conduct its business activities by complying all the rules and regulations of the customs act. As per interim order of the appellate tribunal, 5% of total Tk. 13,29,01,811.61 (as customs duty) i.e. Tk. 66,45,091.00 (cont. 5)

GOLDENSON 24-Apr-2018

(Continuation news of GOLDENSON): the entire tariff and taxes through treasury challan and 2% of the financial penalty through unconditional bank guarantee in the government treasury within 08.04.2018 and after scrutiny if it is found appropriate, under the active supervision of the customs authority, the into-bond as well as the ex-bond of the company will be performed and Employees nominated by the bond authority will confirm the into-bond and ex-bond entry in the bond (cont. 4)

GOLDENSON 24-Apr-2018

(Continuation news of GOLDENSON): has filed an appeal in the Customs Excise and Vat Appellate Tribunal, Dhaka against the pending trial no. 75/2017 in Chittagong, dated 29.10.2017, the appeal number of which is CEVT/CASE(CAS)-95/2018. The Customs Excise and Vat Appellate Tribunal, Dhaka has issued an interim order. The verdict of that order is as follows: As per section 194 of the Customs Act, 1969, If the appellant, as statutory deposit, makes payment of 5% of (cont. 3)

GOLDENSON 24-Apr-2018

(Continuation news of GOLDENSON):"The petitioners will be entitled to prefer an appeal before the concerned tribunal within a period of 90 days from the date of adjudication order dated 29.10.2017. The petitioner will also be entitled to conduct his business during the aforesaid period of 90 days, in accordance with law. Thereafter, the Customs Authority shall proceed in accordance with law." Based on this Order of the Hon'ble High Court Division of the Supreme Court, Golden Son Limited (cont. 2)

GOLDENSON 24-Apr-2018

The Customs Bond Commissionerate, Govt. of the People's Republic of Bangladesh has further informed that Golden Son Limited had filled 2 writ petitions number 16004/2017 and 16078/2017 in the High Court Division of the Hon'ble Supreme Court against the trial no. 75/2017, dated 29.10.2017 of the Customs Bond Commissionerate, Chittagong. Against those writ petitions, the Hon'ble High Court Division has given the following Order on 22.11.02017: (cont. 1)

GOLDENSON 24-Apr-2018

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 30, 2018 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.

GOLDENSON 01-Feb-2018

(Q2 Un-audited): Consolidated EPS was Tk. (0.36) for October-December, 2017 as against Tk. (0.14) for October-December, 2016; Consolidated EPS was Tk. (0.73) for July-December, 2017 as against Tk. (0.27) for July-December, 2016. Consolidated NOCFPS was Tk. (1.55) for July-December, 2017 as against Tk. (1.17) for July-December, 2016. Consolidated NAV per share was Tk. 22.36 as on December 31, 2017 and Tk. 23.09 as on June 30, 2017.

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