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NHFIL

All Eps Dividend Board Agm Q1 Q2 Q3

NHFIL 29-Oct-2020

(Q3 Un-audited): EPS was Tk. 1.33 for July-September 2020 as against Tk. 0.21 for July-September 2019; EPS was Tk. 2.13 for January-September 2020 as against Tk. 1.45 for January-September 2019. NOCFPS was Tk. (7.67) for January-September 2020 as against Tk. (25.83) for January-September 2019. NAV per share was Tk. 18.30 as on September 30, 2020 and Tk. 16.17 as on December 31, 2019. (cont. 1)

NHFIL 22-Oct-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 October 28, 2020 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2020.

NHFIL 21-Oct-2020

The Company has informed that it has disbursed the cash dividend for the year ended on December 31, 2019 to the respective shareholders' Bank Account through BEFTN.

NHFIL 22-Sep-2020

The Company has informed that Mr. Mahbubur Rahman has been elected as the Chairman and Mr. Syed M. Altaf Hussain as the Vice Chairman of the Company.

NHFIL 31-Aug-2020

Credit Rating Agency of Bangladesh Limited (CRAB) has announced the rating of the Company as "A1" in the long term and "ST-2" in the short term along with a stable outlook based on audited financial statements of the Company up to December 31, 2019 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

NHFIL 18-Aug-2020

(Continuation news of NHFIL): from 1st January 2019 which was not complied for the financial year ended 2019. The company will comply IFRS-16 from the following year. (end)

NHFIL 18-Aug-2020

(Continuation news of NHFIL): Value from Office Rent Expense, interest expense on lease liabilities total cash outflow of the leases, the carrying amount of right-of-use assets at the end of the reporting period by class of underlying asset, which is a non-compliance of para-47 & 53 of IFRS-16. Note 24.03.01 Office rent: Rent expense has been charged as per the requirement of IAS-17 but IFRS-16 Leases which came into effect (cont. 10)

NHFIL 18-Aug-2020

(Continuation news of NHFIL): leases and leases of low value assets. However, the management of the company opted not to adopt the new standard in the current financial year leading to the understatement of Assets and Liabilities. In addition to above, the Company has not recognized the leases of Right-of-use assets and its Depreciation. Finally, the Company has not transferred Lease Liabilities at Net Present (cont. 9)

NHFIL 18-Aug-2020

(Continuation news of NHFIL): they will comply IFRS-16 from the following year. IFRS-16 introduces new or amended requirements with respect to lease accounting. It introduces significant changes to lessee accounting by removing the distinction between operating and finance lease and requiring the recognition of a right-of-use asset and a lease liability at commencement for all leases, except for short-term (cont. 8)

NHFIL 18-Aug-2020

(Continuation news of NHFIL): the year ended 2018. As a result, net operating cash flow per share (NOCFPS) at the year ended of 31 December, 2019 decreased compare to year ended 2018. 3. As disclosed in note # 24.03.01 to the financial statements, initial application of IFRS-16 Leases which came into effect from 1st January 2019 was not complied by the company. The company decided that (cont. 7)

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