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LHB

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LHB 23-Mar-2021

(Continuation news of LHBL): which provides for Ceiling Price (USD 2.8 per thousand Standard Cubic Foot). Jalalabad Gas issued a notice to LafargeHolcim Bangladesh Limited threatening to terminate the GSA and discontinue supply of gas to the Plant of LafargeHolcim Bangladesh Limited. The Group has filed an Arbitration Application and the Hon'ble High Court Division Bangladesh passed an order on 07 February 2021 issuing a Rule as prayed for, (cont.3)

LHB 23-Mar-2021

(Continuation news of LHBL): the demand made by Jalalabad Gas Transmission and Distribution System Limited for payment of gas price as per the tariff fixed by Bangladesh Energy Regulatory Commission (BERC). In response to Jalalabad Gas's demand for additional payment, LafargeHolcim Bangladesh Limited has been maintaining the position as opined by the Group's legal advisor that the gas price is governed by the Gas Sales Agreement (GSA) dated 19 January 2003, (cont.2)

LHB 23-Mar-2021

The auditor of the LafargeHolcim Bangladesh Limited has given the "Emphasis of Matter" paragraphs in the Auditor's Report for the period ended on 31 December 2020. Emphasis of Matter: We draw attention to note 19.4 of the accompanying financial statements stating that the Group has legal issue in relation to the excess gas tariff raised by Jalalabad Gas Transmission and Distribution System Limited. A dispute has arisen between the parties as on 03 January 2021 and (cont.1)

LHB 21-Mar-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 22.03.2021 to 23.03.2021. Trading of the shares of the Company will remain suspended on record date i.e., 24.03.2021.

LHB 18-Mar-2021

(Continuation news of LHBL): They are waiting for the certified copy of the order passed by the Appellate Division for further details. The Arbitration process that the Company has started shall continue in the normal course. (end)

LHB 18-Mar-2021

(Continuation news of LHBL): the matter was referred to the regular bench of the Honorable Supreme Court of Bangladesh. A hearing was held before the regular bench of the Appellate Division on March 18, 2021, and the Hon?ble Appellate Division pronounced an order maintaining status quo passed by the High Court Division in the order dated February 07, 2021 subject to certain conditions regarding payment of the disputed amount. (cont.3)

LHB 18-Mar-2021

(Continuation news of LHBL): On March 7, 2021, JGTDS filed C.P.L.A. No. 694 of 2021 before the Appellate Division, Honorable Supreme Court of Bangladesh (the "Appellate Division"), against the order dated February 07, 2021 passed by the Honorable High Court Division of the Supreme Court of Bangladesh in Arbitration Application No. 05 of 2021. A hearing was held before the Judge-in-Chamber in the Appellate Court, on March 14, 2021 and (cont.2)

LHB 18-Mar-2021

Refer to their earlier news disseminated by DSE on 04.02.2021 and 11.02.2021 regarding Issuance of a Notice of Arbitration against Jalalabad Gas Transmission and Distribution Systems Ltd. (JGTDS), the Company has further informed that on February 22, 2021, the Company submitted a Bank Guarantee for BDT 86,03,34,092.00, the disputed amount from September 2015 till January 2021, to the Registrar of the High Court Division of the Supreme Court of Bangladesh. (cont.1)

LHB 03-Mar-2021

(Continuation news of LHBL): who hold the shares of the Company, as on the record date along with the name of the contact person in this connection, to the Company's share Office on or before April 08, 2021. The Brokerage Houses are also requested to provide with their Bank Account name and number, routing number etc. (end)

LHB 03-Mar-2021

The Company has requested the Members to update their 13 digits Bank Accounts, Routing Number, Addresses, Contact Numbers, e-mail addresses, e-TIN number etc. through their respective DPs before the record date. The concerned Brokerage Houses are requested to provide the statement with the details (shareholder's name, BO ID Number, client wise shareholding position, gross dividend receivables, applicable tax rate and net dividend receivable) of their margin loan holders (cont.)

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