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MERCINS

All Eps Dividend Board Agm Q1 Q2 Q3

MERCINS 07-Jul-2021

Mohammad Ali Asghar, one of the Sponsors of Mercantile Insurance Co. Ltd., has expressed his intention to sell his entire holdings of 2,87,302 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within next 30 working days.

MERCINS 16-Jun-2021

Trading of the shares of the Company will resume on 17.06.2021 after record date.

MERCINS 15-Jun-2021

Trading of the shares of the Company will remain suspended on record date i.e., 16.06.2021.

MERCINS 13-Jun-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 14.06.2021 to 15.06.2021. Trading of the shares of the Company will remain suspended on record date i.e., 16.06.2021.

MERCINS 07-Jun-2021

The auditor of the Mercantile Insurance Co. 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.

MERCINS 24-May-2021

(Q1 Un-audited): EPS was Tk. 0.72 for January-March 2021 as against Tk. 0.33 for January-March 2020. NOCFPS was Tk. 0.57 for January-March 2021 as against Tk. 0.45 for January-March 2020. NAV per share was Tk. 19.77 as on March 31, 2021 and Tk. 19.05 as on December 31, 2020.

MERCINS 24-May-2021

There will be no price limit on the trading of the shares of the Company today (24.05.2021) following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.

MERCINS 24-May-2021

The Board of Directors has recommended 10% cash dividend for the year ended on December 31, 2020. Date of AGM: 30.06.2021, Time: 11:00 AM, Venue: Digital Platform. Record Date: 16.06.2021. The Company has also reported EPS of Tk. 1.68, NAV per share of Tk. 19.05 and NOCFPS of Tk. 1.08 for the year ended on December 31, 2020 as against Tk. 1.43, Tk. 18.27 and Tk. 1.02 respectively for the same period of the previous year.

MERCINS 18-May-2021

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that due to unavoidable circumstances a meeting of the Board of Directors will be held on May 23, 2021 at 3:30 PM instead of May 24, 2021 to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021.

MERCINS 18-May-2021

The Company has further informed that, due to unavoidable circumstances, the Board meeting under LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on May 23, 2021 at 2:45 PM instead of May 24, 2021 to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.

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