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GP

All Eps Dividend Board Agm Q1 Q2 Q3

GP 20-Jul-2020

(Continuation news of GP): only virtual hearings will take place in both the Divisions (AD and HCD) till 15 June 2020 which was subsequently extended till further notice. Grameenphone is prepared with the compliance application which will be submitted as and when situation permits. The original Title suit is pending at the District Court. On 03 March 2020, BTRC appeared in the suit and sought time for submitting reply. (cont.7)

GP 20-Jul-2020

(Continuation news of GP): On 19 May 2020, Grameenphone has further deposited BDT 10,000,000,000 in compliance with the direction of Hon'ble AD dated 24 February 2020 and followed the same accounting treatment as did for the first deposit. Due to outbreak of the COVID-19 pandemic the hearing of Review Petition and Appeal have not taken place on 31 May 2020 at Hon'ble AD and HCD respectively. On 30 May 2020, the Supreme Court notified that due to COVID-19, (cont.6)

GP 20-Jul-2020

(Continuation news of GP): in default of the said payment, the interim order of stay and injunction passed by the Hon'ble High Court Division (HCD) shall stand vacated. Further, the Hon'ble AD also directed BTRC to allow GP to carry on its business without any hindrance and fixed the matter on 31 May 2020 for passing further order. On the same day, the Hon'ble HCD adjourned the hearing of the Appeal against the District Court's injunction rejection order till 31 May 2020. (cont.5)

GP 20-Jul-2020

(Continuation news of GP): the Hon'ble Appellate Division (AD) verbally directed Grameenphone to deposit BDT 10,000,000,000 within 24 February 2020. Following the said verbal order, Grameenphone deposited the money on 23 February 2020 and booked the deposit as non-current receivables as disclosed in Note 8 to these financial statements. On 24 February 2020 the Hon'ble AD directed GP to deposit remaining BDT 10,000,000,000 by 31 May 2020 and (cont.4)

GP 20-Jul-2020

(Continuation news of GP): but pending final outcome of the Court proceedings, management has concluded, through its current assessment, that is no obligation and hence no provision is required for these demands in the accompanying interim condensed financial statements. Our opinion is not modified in respect of the above matters. Note 36 (a) BTRC audit Regarding the latest audit, on 20 February 2020, in the hearing of a Review Petition filed by Grameenphone on 26 January 2020, (cont.3)

GP 20-Jul-2020

(Continuation news of GP): in relation to the information system audit conducted by BTRC, covering the period from the Company's inception in 1997 to 31 December, 2014 and management's assessment of such claims. Based on legal advice and management's assessment of such demands, the management has contested these demands at the Court of Bangladesh. Having considered the substance, methodologies and procedures of the audit exercise, (cont.2)

GP 20-Jul-2020

The auditor of Grameenphone Ltd. has given the following "Emphasis of Matter" in the audit report of the company prepared for the year ended on 30 June 2020. Emphasis of Matter: We draw attention to Note 36 (a) to the interim condensed financial statements, wherein the management has explained the status of demand notice dated 02 April, 2019 for payment of BDT 125.80 billion which was received from Bangladesh Telecommunication Regulatory Commission (BTRC) (cont.1)

GP 08-Jul-2020

The Company has informed that they will organize a conference on its 2nd quarter 2020 Financial results on July 15, 2020 at 10:00 AM via live webcast facility with the web link of https://bit.ly/GP_Q2_2020. Research analysts or financial reporters can participate in the event by visiting the above link. To participate in question & answer session prior registration is required by filling up the contact form in https://www.grameenphone.com/contact-us?form_type=2940 with participant details.

GP 08-Jul-2020

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 14, 2020 at 2:35 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2020.

GP 09-Jun-2020

The Company has informed that it has disbursed the cash dividend for the year ended on December 31, 2019 to the respective shareholders.

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