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NORTHERN

All Eps Dividend Board Agm Q1 Q2 Q3

NORTHERN 08-Feb-2018

Referring to their earlier news disseminated by DSE on 28.12.2017 regarding intention of voluntary resignation of IDB from the Board of the Company, The Company has further informed that the Board of Directors has accepted the voluntary resignation of Islamic Development Bank (IDB) from the Board of Directors of the Company. Henceforth, IDB is no more the Director in the Board of the company rather they will be considered as a General shareholder of the Company.

NORTHERN 30-Jan-2018

(Q2 Un-audited): EPS was Tk. (3.08) for October-December, 2017 as against Tk. (0.98) for October-December, 2016; EPS was Tk. (6.45) for July-December, 2017 as against Tk. (3.53) for July-December, 2016. NOCFPS was Tk. (57.09) for July-December, 2017 as against Tk. (65.04) for July-December, 2016. NAV per share was Tk. 67.74 as on December 31, 2017 and Tk. 75.85 as on June 30, 2017.

NORTHERN 23-Jan-2018

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 29, 2018 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.

NORTHERN 28-Dec-2017

(Continuation news of NORTHERN): the joint shareholding position of the Sponsors and Directors of the Company will only be 14.06%. This will be a noncompliance of the BSEC Directive No. SEC/CMRRCD/2009-193/119/Admin Dated November 22, 2011 regarding holding of minimum 30% shares by the Sponsors and Directors of any listed Company. The Board of Directors of the Company will take decision in the next Board of Directors meeting which will be held in the middle of next month. (end)

NORTHERN 28-Dec-2017

The Company has informed that the Islamic Development Bank which is holding 30% shares of Northern Jute Manufacturing Company Limited, is willing to resign voluntarily from the Board of Directors of Northern Jute Manufacturing Company Limited. The Company has further informed that the currently the joint shareholding proportion of the Sponsors and Directors of the Company is 44.06% which includes 30% shares of Islamic Development Bank. If Islamic Development Bank resigns from the Board, (Cont.)

NORTHERN 27-Nov-2017

DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase any security of Northern Jute Manufacturing Co. Ltd. in between 1st to 30th trading day after change of categorization, with effect from November 28, 2017 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.

NORTHERN 27-Nov-2017

The Company will be placed in 'A' category from existing 'B' category with effect from November 28, 2017 as the Company has reported disbursement of 20% cash dividend and 20% stock dividend for the year ended on June 30, 2017.

NORTHERN 23-Nov-2017

The Company has informed that it has disbursed cash dividend for the year ended on June 30, 2017 in the form of Dividend Warrant.

NORTHERN 23-Nov-2017

In response to a DSE query dated November 22, 2017, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.

NORTHERN 22-Nov-2017

(Repeat News): (Q1 Un-audited): EPS was Tk. (4.04) for July-September, 2017 as against Tk. (3.02) for July-September, 2016. NOCFPS was Tk. (49.31) for July-September, 2017 as against Tk. (54.67) for July-September, 2016. NAV per share was Tk. 86.99 as of September 30, 2017 and Tk. 91.03 as of June 30, 2017.

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