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PREMIERLEA

All Eps Dividend Board Agm Q1 Q2 Q3

PREMIERLEA 08-Sep-2020

(Continuation news of PREMIERLEA): over period of maturity, when it is determined that such income will be accrued to the company. During the year according to the instruction of Bangladesh Bank company has not recognized the interest income and expenses on Term Deposit and Receipt of People Leasing & Finance Limited, International Leasing & Finance Limited, FAS Investment & Finance Limited & Bangladesh Industrial Finance Company. Note- 2.24.3 (cont. 6)

PREMIERLEA 08-Sep-2020

(Continuation news of PREMIERLEA): for maintain of required provision for lease, loans and advances as shown above, as per Bangladesh Bank letter no. DFIM?1054/09/2020-1347 dated 16 August 2020. Total shortfall provision on lease, loans and advances amount is Tk. 2,927,034,630. Note-2.17 Income from bank deposits: Interest on short-term deposits and fixed deposits are recognized on time proportion basis, taking into account the principal outstanding and the effective rate of interest (cont. 5)

PREMIERLEA 08-Sep-2020

(Continuation news of PREMIERLEA): provided in the financial statements. Note-11.3 Provision for lease, loans and advances: Provision for lease, loans and advances was maintained Tk. 459,620,000 against required provision of Tk. 3,386,654,630 as at 31.12.2019. Provision for lease, loans and advances was maintained Tk. 443,384,334 against required provision of Tk. 1,501,645,686 as at 31.12.2018. As per our request, Bangladesh Bank has given 3 (Three) years of time i.e. upto 2022 (cont. 4)

PREMIERLEA 08-Sep-2020

(Continuation news of PREMIERLEA): report is given as to draw attention to several points in "Emphasis of matter" Paragraph. Therefore, we draw attention to the Premier Leasing Securities limited Auditors report on following matters. a) Receivable from margin clients is Tk. 191,374,524 which is 51.89% of total assets that is significant for intended users for expected credit losses. b) Employees Benefits IAS-19- Provident fund, Gratuity and Income Taxes -IAS-12- Deferred tax are not (cont. 3)

PREMIERLEA 08-Sep-2020

(Continuation news of PREMIERLEA): & Expenses according to instruction of Bangladesh bank and Provision of WPPF respectively. 2. The company have three subsidiary namely Premier Leasing Securities limited, Premier leasing Capital Management Limited & Premier Leasing Securities broking Limited is audited by other auditors whose report has been furnished to us and our opinion is as so far as it relates to the amounts included based on the reports. Premier Leasing Securities limited (cont. 2)

PREMIERLEA 08-Sep-2020

The auditor of Premier Leasing & Finance Limited has given the following Emphasis of Matter in the audit report of the Company prepared for the year ended on 31 December 2019. Emphasis of Matter: 1. We draw attention to note-11.3, 2.17 and 2.24.3 of the financial statements which describes the shortfall of required provision against classified lease, loans and advances Tk. 2,927,034,630 due to time limit extended by Bangladesh Bank for three years, recognition of Interest Income (cont. 1)

PREMIERLEA 31-Aug-2020

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 from 01.09.2020 to 13.09.2020. Trading of the shares of the Company will remain suspended on record date i.e., 14.09.2020.

PREMIERLEA 23-Aug-2020

(Q2 Un-audited): Consolidated EPS was Tk. (0.08) for April-June 2020 as against Tk. (0.10) for April-June 2019; Consolidated EPS was Tk. 0.02 for January-June 2020 as against Tk. 0.07 for January-June 2019. Consolidated NOCFPS was Tk. (1.19) for January-June 2020 as against Tk. (2.77) for January-June 2019. Consolidated NAV per share was Tk. 18.97 as on June 30, 2020 and Tk. 19.36 as on June 30, 2019.

PREMIERLEA 23-Aug-2020

(Q1 Un-audited): Consolidated EPS was Tk. 0.11 for January-March 2020 as against Tk. 0.17 for January-March 2019. Consolidated NOCFPS was Tk. 0.05 for January-March 2020 as against Tk. 1.23 for January-March 2019. Consolidated NAV per share was Tk. 19.06 as on March 31, 2020 and Tk. 16.39 as on March 31, 2019.

PREMIERLEA 23-Aug-2020

DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase securities of Premier Leasing and Finance Limited with effect from August 24, 2020 as per BSEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.

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