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GOLDENSON

All Eps Dividend Board Agm Q1 Q2 Q3

GOLDENSON 25-Jan-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 January 31, 2018 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.

GOLDENSON 11-Jan-2018

Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of the Company as "BBB1" along with Negative outlook based on audited financial statements up to June 30, 2017 and bank liability position as on November 30, 2017.

GOLDENSON 11-Dec-2017

(Continuation news of GOLDENSON): aggregate value of Tk. 432,901,811.61 with an allegation of non-compliance of customs rules and regulations. A writ petition no. 16004 and 16078 of 2017 against the above Customs judgement rulings were made before the Hon'ble Supreme Court of Bangladesh High Court Division within the stipulated time frame and the company has obtained the Stay Order in respect of restoration of Bond License and cancellation of the penalty amount on 13 November 2017. (end)

GOLDENSON 11-Dec-2017

(Emphasis of Matter): The auditor of the company has given the following 'Emphasis of Matter' paragraph in the audit report of the company prepared for the year ended on 30 June 2017. Emphasis of Matter: We draw attention to note# 33.b enclosed in the financial statements. Note: 33.b: The office of the Customs Bond Commissionerate vide their judgement letter # 75/2017 dated 29 October 2017 has cancelled the Bonded Warehouse License and imposed penalty with an (cont.)

GOLDENSON 10-Dec-2017

(Continuation news of GOLDENSON): directing the Company to deposit a total of Tk. 27,01,700.32 to Govt. treasury within 15 days of issuing this Order. Moreover, as the offences made by the Company are severe and the company has repeatedly committed the same offences, the tendency of the company to commit offence is evident. As the tendency for committing their offence is evident; to secure the Govt. Revenue, financial penalty has been imposed on the Company by issuing the said Order. (end)

GOLDENSON 10-Dec-2017

(Continuation news of GOLDENSON): selling of those products in the open market. As the allegations against the Company were undisputedly proven and established, the Customs Bond Commissionerate, as per Section 111 of the Customs Act, 1969, has imposed penalty of total Tk. 27,01,700.32 (including Tk. 20,00,000.00 as financial penalty + Tk. 7,01,700.32 as duty for illegal transfer of raw materials) to Golden Son Limited. The Customs Bond Commissionerate has issued an Order dated November 30, 2017 (cont. 2)

GOLDENSON 10-Dec-2017

The Customs Bond Commissionerate, Govt. of the People's Republic of Bangladesh, brought an allegation against Golden Son Limited regarding illegal transfer of products produced from duty free imported raw materials from the Bonded Warehouse under bond facility and illegally sell those products in the open market. The Company failed to satisfy the complaints that were brought against them after investigation regarding illegal transfer of products produced from duty free imported raw materials and (cont. 1)

GOLDENSON 10-Dec-2017

The Company has further informed that due to unavoidable circumstances the 13th AGM will now be held on December 30, 2017 instead of earlier declared date December 24, 2017. Other information will remain unchanged.

GOLDENSON 03-Dec-2017

Trading of the shares of the Company will resume on 04.12.2017 after record date.

GOLDENSON 30-Nov-2017

Trading of the shares of the Company will remain suspended on record date i.e., 03.12.2017.

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