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JAMUNAOIL

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JAMUNAOIL 22-Mar-2021

The Company has informed that for the expansion of business, the Company has signed an agreement with Delta LPG Limited, T.K Bhaban (6th Floor), 13 Kawran Bazar, Dhaka-1215 to sell LPG (Auto Gas) by establishing LPG (Auto Gas) Refueling Station parallel to the sale of Petroleum Oil through Company's registered Fillings Stations. As per the agreement, the Company will receive royalty/ commission of Tk. 0.50 against per Liter sale of LPG (Auto GAS).

JAMUNAOIL 01-Mar-2021

The Company has informed that for the expansion of business, the Company has signed an agreement with BM Energy (BD) Limited, Dhaka to sale LPG by establishing LPG (Auto gas) Refueling Station parallel to the sale of Petroleum Oil through company's registered Filling Stations. As per the agreement, the Company will receive royalty of Tk. 0.50 against per Liter sale of LPG (Auto gas).

JAMUNAOIL 26-Jan-2021

(Q2 Un-audited): EPS was Tk. 5.57 for October-December 2020 as against Tk. 4.77 for October-December 2019; EPS was Tk. 9.64 for July-December 2020 as against Tk. 9.35 for July-December 2019. NOCFPS was Tk. 85.22 for July-December, 2020 as against Tk. 31.14 for July-December 2019. NAV per share was Tk. 176.35 as on December 31, 2020 and Tk. 161.40 as on June 30, 2020.

JAMUNAOIL 20-Jan-2021

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 25, 2021 at 2:35 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2020.

JAMUNAOIL 19-Jan-2021

Trading of the shares of the Company will resume on 20.01.2021 after record date.

JAMUNAOIL 18-Jan-2021

Trading of the shares of the Company will remain suspended on record date i.e., 19.01.2021.

JAMUNAOIL 14-Jan-2021

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 with cum benefit from 17.01.2021 to 18.01.2021. Trading of the shares of the Company will remain suspended on record date i.e., 19.01.2021.

JAMUNAOIL 14-Jan-2021

(Continuation news of JAMUNAOIL): As per IAS-36, Para-09 "An entity shall assess at the end of each reporting period whether there is any indication that an asset may be impaired. If any such indication exists, the entity shall estimate the recoverable amount of the asset". Here the company did not make any impairment test as per provision of IAS-36. (end)

JAMUNAOIL 14-Jan-2021

(Continuation news of JAMUNAOIL): valuing Tk. 10, 191,301 as disclosed in note 2.5 and note 3.1 of the financial statements. iv) While computing Gratuity liability, the requirement of IAS-19 about creating provision on the basis of Actuarial computation has not been followed. The company maintains an unfunded Gratuity scheme for its permanent employees in accordance with Gratuity rules and provision as on 30 June 2020 is Tk.869,989,772. (cont.6)

JAMUNAOIL 14-Jan-2021

(Continuation news of JAMUNAOIL): we draw attention to the following: i) No balance confirmation certificate has returned by the related party to verify the amount of BDT (24,293,006,666) of related party balance. (Note - 34.00) ii)The company has not followed the circular no. 53.00.0000.331.22.001.20 -18 Dated: 19-01-2020 of Ministry of Finance. (Note: 5.2,6.1,10.3.1) iii) The requirement of IFRS-16 has not been complied with in respect of accounting of leasehold land(cont.5)

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