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IPDC

All Eps Dividend Board Agm Q1 Q2 Q3

IPDC 27-Feb-2020

The Company has requested the shareholders to update their Bank Accounts, Address, Mobile number through their respective DPs and respective BO Accounts with 12 digits e-Tin Numbers through their respective DPs before the Record Date. If anyone fails to update their e-TIN in BO Account before the Record Date, disbursement of respective cash dividend will be subject to deduction of AIT @ 15% instead of 10% as per Section 54 of Income Tax Ordinance 1984. regulation. (cont.)

IPDC 24-Feb-2020

(Continuation news of IPDC): dividend for the year 2019. ii) The proposed dividend declared for the year 2019 is 530,130,782 (stock and cash). The balance outstanding for Retained Earning as on December 31, 2019 amounted to Tk. 667,064,110 which is sufficient to cover the dividend payment for the year. Thus, no distribution out of share premium or any other reserve (such as share premium or revaluation reserve) is required. iii) the post dividend retained earnings will remain positive. (end)

IPDC 24-Feb-2020

(Continuation news of IPDC): informed that reason for declaration of stock dividend is follows: i) The Company has been achieving strong balance sheet growth where Loans, Advance and Lease has increased by 77%, 29% and 14% in the year 2017, 2018 and 2019 respectively. The Company plans to continue similar growth momentum in the future. As a result, the board believes it is prudent to conserve capital in order to fund future business expansions. Thus, the Board has proposed to declare 5% Stock (cont.2)

IPDC 24-Feb-2020

The Board of Directors has recommended 10% Cash and 5% Stock dividend for the year ended on December 31, 2019. Date of AGM: 31.03.2020, Time: 9:30 AM, Venue: To be notified later. Record Date: 11.03.2020. The Company has also reported EPS of Tk. 1.82, NAV per share of Tk. 15.78 and NOCFPS of Tk. 12.33 for the year ended on December 31, 2019 as against Tk. 1.59 (restated), Tk. 10.62 (restated) and Tk. (2.37) (restated) respectively for the same period of the previous year. The Company has also (cont.1)

IPDC 30-May-2019

The Company has informed that BSEC has accorded approval for raising paid up capital through issuance of 117,806,840 Ordinary shares of Tk. 10.00 each at an issue price of Tk. 12.00 each including a premium of Tk. 2.00 per share totaling Tk. 1,413,682,080.00 at a ratio of 1R:2 (1 Right Share against 2 existing shares held on record date considering 8% stock dividend for the year 2018) (cont. 1)

IPDC 05-May-2019

The Company has informed that it has credited the Bonus shares for the year ended on December 31, 2018 to the respective shareholders' BO Accounts. Cash dividend and sale proceeds of fractional stock dividend to the respective shareholders' Bank Accounts have been distributed through BEFTN system.

IPDC 25-Feb-2019

(Continuation news of IPDC): their written option to receive dividend. In case of non-submission of such option within the stipulated time, the dividend will be paid off as deemed appropriate by the Company. The Company has also requested the brokerage houses to provide a statement with the details (name of the shareholders, BO ID number, client-wise shareholding position, gross dividend receivable, applicable tax rate and net dividend receivable) (cont. 2)

IPDC 25-Feb-2019

The Company has requested the shareholders to update their 12 digits e-Tin Numbers, Bank Accounts, Address, Mobile No. etc. in the BO Account through their respective DPs before the Record Date.. If anyone fails to update his/her e-TIN before the Record Date, disbursement of respective cash dividend will be subject to deduction of AIT @ 15% instead of 10% as per regulation. The shareholder's are requested to submit to the Company's Share Office on or before March 03, 2019, (cont. 1)

IPDC 11-Feb-2019

The Board of Directors has recommended 7% Cash and 8% Stock dividend for the year ended on December 31, 2018. The Board of Directors has revised rights shares issuance at a ratio of 1R:2 (1 Rights Share for every 2 shares held) at Tk. 12.00 each (instead of previously declared price of Tk. 13.00 per shares) including premium of Tk. 2.00 per share after considering 8% stock dividend for the year 2018, (cont. 1)

IPDC 07-Feb-2018

The Board of Directors has recommended 20% stock dividend for the year ended on December 31, 2017. The Board of Directors has also recommended for raising of paid up capital through issuance of Rights share at a ratio of 1R:2 (1 Rights Share for every 2 shares held) at Tk. 13.00 each including premium of Tk. 3.00 per share on paid up capital on record Date, subject to approval of shareholders, (cont. 1)

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