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MERCANBANK

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MERCANBANK 07-Jun-2021

Dhaka Stock Exchange Limited (DSE) has accorded its consent to transfer of 67,34,840 shares of Mercantile Bank Ltd. outside the trading system of the exchange from Mr. Md. Shahabuddin Alam, one of the Sponsors of Mercantile Bank Ltd. (the transferor/pledgor) to Padma Bank Limited (the transferee/pledgee) within 30 working days from the date of issuance of approval letter by DSE, under Regulation-47 of the Dhaka Stock Exchange (Listing) Regulations, 2015.

MERCANBANK 03-Jun-2021

The auditor of the Mercantile Bank Ltd has given the " Other Matter " paragraphs in the Auditor's Report for the year ended on 31 December 2020. Other Matter: As per Sec-232, Labor Act 2006 and as amended, if a company comply certain conditions as per said section of the Act then the company should establish a worker's pro?t participation fund (WPPF). MICL is eligible for establishing a WPPF as per said Act. However, they did not establish WPPF which is a non-compliance of the said Act.(end)

MERCANBANK 02-Jun-2021

The Company has informed that it has credited bonus share for the year ended on December 31, 2020 to the respective shareholders' BO Accounts and it has also disbursed the cash dividend to the respective shareholders.

MERCANBANK 28-Apr-2021

(Continuation news of MERCANBANK): as Additional Tier-1 (AT-1) Capital to support Bank's Basel-III compliance in line with Bangladesh Bank Guidelines on Risk Based Capital Adequacy dated December 2014 subject to approval from concerned Regulatory Authorities and complying with regular requirements. (end)

MERCANBANK 28-Apr-2021

Refer to their earlier news disseminated by DSE on 15.10.2020 regarding decided to issue Perpetual Bond up to BDT 700.00 Crore the Company has further informed that the shareholders of the Company in the 22nd AGM held on April 28, 2021 have approved the issuance of "Perpetual Bond" up to BDT 700.00 Crore (cont.)

MERCANBANK 25-Apr-2021

(Q1 Un-audited): Consolidated EPS was Tk. 0.64 for January-March 2021 as against Tk. 0.55 for January-March 2020. Consolidated NOCFPS was Tk. 4.92 for January-March 2021 as against Tk. 1.48 for January-March 2020. Consolidated NAV per share was Tk. 23.21 as on March 31, 2021 and Tk. 24.23 as on March 31, 2020

MERCANBANK 19-Apr-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 April 22, 2021 at 1:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021.

MERCANBANK 15-Apr-2021

The Company has further informed that the 22nd AGM will be held virtually by using digital platform through the link: https://mbl.bdvirtualagm.com on April 28, 2021 at 11:00 AM.

MERCANBANK 05-Apr-2021

Trading of the shares of the Company will resume on 06.04.2021 after record date.

MERCANBANK 04-Apr-2021

Trading of the shares of the Company will remain suspended on record date i.e., 05.04.2021.

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