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PURABIGEN

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PURABIGEN 17-Aug-2020

Trading of the Shares of the Company will resume on 18.08.2020 after record date.

PURABIGEN 16-Aug-2020

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has further informed that a meeting of the Board of Directors will be held on August 20, 2020 at 5:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2020.

PURABIGEN 16-Aug-2020

Trading of the shares of the Company will remain suspended on record date i.e., 17.08.2020.

PURABIGEN 12-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 with cum benefit from 13.08.2020 to 16.08.2020. Trading of the shares of the Company will remain suspended on record date i.e., 17.08.2020.

PURABIGEN 22-Jul-2020

(Continuation news of PURABIGEN): after the reporting date of 31 December 2019. Although the business operation and profitability of the company are impacted due to COVID 19, but as the situation is constantly changing and there is no certainly at present as to how long the situation will prevail, the potential impact of COVID 19 related matters on the Group's operation and financial results cannot be reasonably assessed. (end)

PURABIGEN 22-Jul-2020

(Continuation news of PURABIGEN): affected which would also impact the company as well. Management as considered COVID 19 as subsequent event and in accordance with IAS 10 has concluded that this is a non-adjusting event (i.e. an event after the reporting period that is indicative of a condition that arose after the end of the reporting period) because the significant changes in business activities and economic conditions as a result of COVID 19 events took place well (cont. 12)

PURABIGEN 22-Jul-2020

(Continuation news of PURABIGEN): as a liability at the Statement of Financial Position date in accordance with IAS 10 "Event after the Statement of Financial Position date". Except the facts stated above, no circumstances have arisen since the Statement of Financial Position date which would be required adjustment to or disclosure in the financial statement as note thereto. Covid-19 Issue: Subsequent to year-end, on 11 March 2020, World Health Organization (WHO) (cont. 10)

PURABIGEN 22-Jul-2020

(Continuation news of PURABIGEN): and take necessary actions in line with regulatory guidelines and market practice. Note 27.0 Events After the Reporting Period: The Board of Directors in its meeting held on 04-07-2020 recommended 10% Cash dividend for the shareholders whose name will be appeared in the shareholders register at the record date which is subject to approval at the forthcoming Annual General Meeting. The proposed dividend is not recognized (cont.9)

PURABIGEN 22-Jul-2020

(Continuation news of PURABIGEN): has not taken IFRS 16 adjustments on the basis of overall materiality as specified in the materiality guidance in the 'Conceptual Framework for Financial Reporting' and in 'International Accounting Standard 1 'Presentation of Financial Statements'. However, the company would continue to liaison with regulators and related stakeholders and observe the market practice for uniformity and comparability, (cont. 8)

PURABIGEN 22-Jul-2020

(Continuation news of PURABIGEN): nor any benchmark on quantification guidance on low value items have been agreed locally in Bangladesh. As per the preliminary assessment of leases for 'office premises', the company has concluded that the potential impact of these lease items in the Balance Sheet and Profit and Loss Account of the Company for the year 2019 is not considered to be material. Therefore, considering the above implementation issues the Company (cont. 7)

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