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NEWLINE

All Eps Dividend Board Agm Q1 Q2 Q3

NEWLINE 06-Feb-2020

DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of New Line Clothings Limited in between 1st to 30th trading day after change of categorization, with effect from February 09, 2020 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.

NEWLINE 06-Feb-2020

The Company will be placed in 'A' category from existing 'N' category with effect from February 09, 2020 as the Company has reported disbursement of 3% cash and 7% stock dividend for the year ended on June 30, 2019.

NEWLINE 02-Feb-2020

(Q2 Un-audited Additional Information): The Company has further informed that EPS was Tk. 0.47 for October-December 2019 as against Tk. 0.53 for October-December 2018.

NEWLINE 02-Feb-2020

(Q2 Un-audited): EPS was Tk. 0.89 for July-December 2019 as against Tk. 1.11 for July-December 2018. NOCFPS was Tk. 4.73 for July-December 2019 as against Tk. 0.02 for July-December 2018. NAV per share was Tk. 23.55 as on December 31, 2019 and Tk. 24.55 as on June 30, 2019.

NEWLINE 26-Jan-2020

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 30, 2020 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2019.

NEWLINE 26-Jan-2020

The Company has informed that it has credited the Bonus shares for the year ended on June 30, 2019 to the respective shareholders' BO Accounts on January 26, 2020. The payment of cash dividend will also be credited to the respective shareholders Bank Accounts in due time.

NEWLINE 11-Dec-2019

(Continuation news of NEWLINE): Proposed time line is up to December 31, 2020 subject to approval by the Honorable Shareholders & Regulator. In connection with Long Term Loan Repayment, the Company informed that this shall be settled by February 28, 2020. Proposed time line is up to 30 days subject to approval by the Honorable Shareholders & Regulator. The Company also informed that this entire automation process is aimed to increase revenue by 20-25% and reduce cost by 15-20%. (end)

NEWLINE 11-Dec-2019

(Continuation news of NEWLINE): In connection with Extension of Factory Building, the Company is willing to revise this plan entirely. Out of allotted fund of Tk. 76,382,990.00 only, Tk. 34,335,534.00 shall be used for renovation and accuracy & obtaining 100% score as per Accord standard. On top of this another 18,000 sft. building area shall be built as Mezzanine floors at ground level. The Balance Tk. 42,047,456.00 shall be moved to Investing on Automation of production process. (cont.3)

NEWLINE 11-Dec-2019

(Continuation news of NEWLINE): The entire range of machineries are from Juki, a Japanese famous brand for all kinds of sewing machines. Another Tk. 42,047,456.00 has been planned to add with this Automation program. Therefore, total Investment would stand at Tk. 159,730,116.00. Proposed time line is up to December 31, 2020 subject to approval by the Honorable Shareholders & Regulator. (cont.2)

NEWLINE 11-Dec-2019

The Company has informed that in connection with acquisition of plant and machinery, the Company has already started using this fund as planned. As planned to convert conventional bottom factory, one floor (3rd floor to be specific) is set to convert to fully automatic high-tech jacket factory. The Company have already opened Letter of Credit for USD 626,960.00 equivalent to Tk. 53,197,556.00 to brining machineries favoring Juki Singapore Pte Ltd. (cont.1)

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