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LANKABAFIN

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LANKABAFIN 02-Nov-2017

The Company has further informed that the subscription period for rights issue will be from 17.12.2017 (during the banking hour) to 14.01.2018 (at the end of the banking hour). Record date for entitlement of rights share: 26.11.2017.

LANKABAFIN 01-Nov-2017

(Continuation news of LANKABAFIN): The objective for issuance of Rights Share is to comply capital adequacy requirement as per guidelines of Bangladesh Bank. The proceeds to be received from the Rights Share will be invested to increase the lending portfolio of the Company. The record date and subscription period will be notified in due course. (end)

LANKABAFIN 01-Nov-2017

The Company has informed that BSEC has accorded approval for raising paid up capital through issuance of 159,125,470 Ordinary shares of Tk. 10.00 each at an issue price of Tk. 10.00 per share totaling Tk. 1,591,254,700.00 at a ratio of 1R:2, i.e. One Rights Share for two existing shares. (cont.)

LANKABAFIN 31-Oct-2017

BSEC has accorded approval for raising paid up capital through issuance of 159,125,470 Ordinary shares of Tk. 10.00 each at an issue price of Tk. 10.00 per share totaling Tk. 1,591,254,700.00 at a ratio of 1R:2, i.e. One Rights Share for two existing shares subject to the condition that the Company shall comply with the Rights Issue Rules, 2006 and other relevant laws and regulatory requirements.

LANKABAFIN 24-Oct-2017

The Company has informed that the Board of Directors of LankaBangla Securities Limited has approved the issuance of 2nd Zero Coupon Bond of Tk. 150.00 crore subject to the approval of the Regulatory Authorities. It is to mention that LankaBangla Securities Limited is a 90.91% owned subsidiary Company of LankaBangla Finance Limited.

LANKABAFIN 24-Oct-2017

(Q3 Un-audited): Consolidated EPS was Tk. 1.31 for July-September, 2017 as against Tk. 0.16 for July-September, 2016; Consolidated EPS was Tk. 3.31 for January-September, 2017 as against Tk. 1.05 for January-September, 2016. Consolidated NOCFPS was Tk. (6.15) for January-September, 2017 as against Tk. 1.15 for January-September, 2016. Consolidated NAV per share was Tk. 23.01 as of September 30, 2017 and Tk. 21.01 as of December 31, 2016.

LANKABAFIN 11-Oct-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 October 23, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2017.

LANKABAFIN 27-Aug-2017

The Board of Directors of the Company has decided to submit the review petition to Bangladesh Securities & Exchange Commission for Rights Share Offer of 159,125,470 Ordinary Shares of Tk. 10.00 each at the ratio if 1R:2 (i.e. one rights share against two existing shares held).

LANKABAFIN 13-Aug-2017

The Company has informed that Bangladesh Securities and Exchange Commission vide its letter dated August 10, 2017 has approved the issuance of Zero Coupon Bond by Lanka Bangla Finance Limited with an amount of Tk. 500.00 crore only at the rate of 7.50% p.a. to meet its ongoing business requirements, subject to the compliance with the relevant laws and Regulatory requirements.

LANKABAFIN 02-Aug-2017

The Company has informed that Bangladesh Securities and Exchange Commission vide its letter dated August 01, 2017 has informed the Company that the Commission is not in a position to consider the application for issuance of rights share of LankaBangla Finance Limited due to non-compliance of the BSEC Notification No. SEC/CMRRCD/2009-193/119/Admin/34 dated November 22, 2011.

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