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IFADAUTOS

All Eps Dividend Board Agm Q1 Q2 Q3

IFADAUTOS 28-Jun-2017

Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle from 29.06.2017 to 02.07.2017. Trading of the shares of the Company will remain suspended on record date i.e., 03.07.2017 for EGM. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC.

IFADAUTOS 05-Jun-2017

There will be no price limit on the trading of the shares of the Company today (05.06.2017) following its corporate declaration.

IFADAUTOS 05-Jun-2017

(Continuation news of IFADAUTOS): to meet the requirement of working capital and to pay off Debts of the Company. Date of EGM: 25.07.2017, Time: 3:30 PM, Venue: Samarai Convention Center, 23/G/7, Panthapath, Dhaka-1205. Record date: 03.07.2017. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC. (end)

IFADAUTOS 05-Jun-2017

The Company has informed that the Board of Directors of the Company has decided to issue Rights share at the rate of 2R:5 (i.e. two Rights share for every five shares held) at an issue price of Tk. 20.00 each (including premium of Tk. 10.00 each) on paid up capital subject to approval by shareholders in EGM and BSEC and the other Regulatory Authorities. The amount raising from the Rights issue will be used for expansion of the Business, (cont.)

IFADAUTOS 21-May-2017

(continuation news of IFADAUTOS): GOI (Gulf Oil International) is present in 73 countries. The said investment is expected to contribute a profit of Tk. 4.36 crore in the next year towards overall profitability of the Company (approximately). The investment amount shall be financed from the own fund of Ifad Autos Limited. (end)

IFADAUTOS 21-May-2017

The Company has informed that the Board of Directors has approved and subsequently signed a MOU with Gulf Oil Bangladesh Limited, a subsidiary Company of Gulf Oil International Limited (UK) with a view to subscribe 49% of its equity shares at a cost of USD 1.685 million. Gulf Oil Bangladesh Limited is engaged in importing and selling its renowned brands of lubricant, grease and car care products in Bangladesh. (cont.)

IFADAUTOS 30-Apr-2017

(Q3 Un-audited): EPS was Tk. 2.01 for January-March, 2017 as against Tk. 0.96 for January-March, 2016; EPS was Tk. 5.05 for July, 2016-March, 2017 as against Tk. 3.61 for July, 2015-March, 2016. NOCFPS was Tk. (9.95) for July, 2016-March, 2017 as against Tk. (9.08) for July, 2015-March, 2016. NAV per share was Tk. 36.95 as of March 31, 2017 and Tk. 33.58 as of June 30, 2016.

IFADAUTOS 23-Apr-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 April 29, 2017 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2017.

IFADAUTOS 19-Mar-2017

Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of the Company as "AA3" along with stable outlook based on audited financial statements up to June 30, 2016; bank liability position as on December 31, 2016 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

IFADAUTOS 23-Feb-2017

The Company has informed that the Board of Directors has taken decision to erect a 9 storied new office building, measuring of 37,935 square feet, situated at Tejgaon Industrial Area, Dhaka. The construction works of new office building, with a project duration of approximately 25 months, will commence on February 23, 2017. The total cost will be Tk. 43.00 crore (approx.) of which Tk. 30.00 crore will be financed from bank and the remaining amount shall be used out of the Company's own fund.

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