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NORTHRNINS

All Eps Dividend Board Agm Q1 Q2 Q3

NORTHRNINS 21-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 27, 2020 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2020.

NORTHRNINS 20-Oct-2020

The Company has informed that Cash Dividend for the year ended on December 31, 2019 has been disbursed to the respective shareholders' Bank accounts through BEFTN system.

NORTHRNINS 19-Oct-2020

Mr. Abdullah Jamil Matin, one of the Directors of the Company, has further reported that he has completed his buying of 20,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 07.10.2020.

NORTHRNINS 07-Oct-2020

Mr. Abdullah Jamil Matin, one of the Directors of the Company, has expressed his intention to buy 20,000 shares of the Company at prevailing market price (In the Block market) through Stock Exchange (DSE) within October 29, 2020.

NORTHRNINS 01-Sep-2020

The Company has further informed that 9,27,111 shares of Late Abdul Matin, Director of the company, has been transmitted in the account (s) of his nominee Mr. Abdullah Jamil Matin.

NORTHRNINS 17-Aug-2020

Alpha Credit Rating Limited (AlphaRating) has rated the Company as "AA" in the long term and "ST-1" in the short term along with a stable outlook based on audited financial statements of the Company as on December 31, 2019 and relevant qualitative information till August 16, 2020.

NORTHRNINS 16-Aug-2020

(Continuation news of NORTHRNINS): Note 18.2.1 - Increase in deferred tax Liabilities over the year: Balance of Increase in deferred tax Liabilities over the year as on 31 December 2019 was Tk. 78,819,149 and as on 31 December 2018 was Tk. 79,031,154. (end)

NORTHRNINS 16-Aug-2020

(Continuation news of NORTHRNINS): Balance of revaluation reserve as on 31 December 2019 was Tk. 87,331,870 and as on 31 December 2018 was Tk. 92,021,951. Note 6- Profit and loss Appropriation Account: Balance of profit and loss appropriation account as on 31 December 2019 was Tk. 92,290,779 and as on 31 December 2018 was Tk. 94,412,196. (cont. 5)

NORTHRNINS 16-Aug-2020

(Continuation news of NORTHRNINS): The Company has also revised the balance of revaluation reserve due to erroneous transfer in previous years. The prior error of revaluation transfer to retained earnings is classified as an error under IAS 8: Accounting policies, changes in accounting estimates and error and has been rectified with retrospective adjustment. Detailed calculation has been shown under note no. 5 & 6. Note 5- Revaluation Reserve: (cont. 4)

NORTHRNINS 16-Aug-2020

(Continuation news of NORTHRNINS): deferred tax liability has been recognized for Tk. 78,472,503 with the corresponding adjustment to revaluation reserve and retained earnings. Detailed calculation has been shown under note no. 5, 6 & 18.2.1. According to the IAS 16, Para 41, amount of the revaluation reserve transferred would be the difference between depreciation based on the revalued carrying amount of the asset and depreciation based on the asset's original cost. (cont. 3)

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