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QUEENSOUTH

All Eps Dividend Board Agm Q1 Q2 Q3

QUEENSOUTH 23-Jan-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 January 30, 2020 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2019.

QUEENSOUTH 21-Jan-2020

The Company has informed that it has credited the bonus shares for the year ended on June 30, 2019 to the respective shareholders' BO Accounts on January 20, 2020. The payment of cash dividend and sale proceeds of fractional bonus shares will be transferred to the respective shareholders' bank accounts through BEFTN system and dividend warrant (those BO Account does not meet the BEFTN) will be dispatched in time.

QUEENSOUTH 09-Dec-2019

(Continuation news of QUEENSOUTH): equivalent to BDT 3.7 million/month (approx.) the estimated savings after installation is significant, which will ultimately enhance the profitability of the Company. The estimated increase in profit after tax will be BDT 45.00 million/year (approx.). (end)

QUEENSOUTH 09-Dec-2019

The Company has informed that the Board of Directors has decided to install two Gas Generators of 1500 KW each at an approximate cost of US $ 0.80 million equivalents to BDT 68.00 million including installation and erection. After completion of installation of the generators approximate savings per month will be US $ 44.00 thousand/ month (approx.) (cont.)

QUEENSOUTH 04-Dec-2019

The Company has further informed that the 17th AGM will be held on December 22, 2019 at 10:30 AM in Savar Golf Club, Savar Cantonment, Ashulia, Savar, Dhaka.

QUEENSOUTH 28-Nov-2019

Trading of the Shares of the Company will resume on 01.12.2019 after record date.

QUEENSOUTH 27-Nov-2019

(Continuation news of QUEENSOUTH): However necessary provision @ 0.03% against each and every export order as per rule 214 with retrospective effect need be introduced without further delay. (end)

QUEENSOUTH 27-Nov-2019

Emphasis of Matter: According to the rule no. 212 of the Bangladesh Labour Rules 2015 read with the section no. 232 of the Bangladesh Labour Law 2006 (amended 2013), the Company was supposed to introduce Worker's Profit Participation Fund (WPPF) with effect from 15th March 2016. But no such fund was introduced with retrospective effect from that date on the reason of being an units under EPZ. (cont.)

QUEENSOUTH 27-Nov-2019

Trading of the shares of the Company will remain suspended on record date i.e., 28.11.2019.

QUEENSOUTH 25-Nov-2019

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 26.11.2019 to 27.11.2019. Trading of the shares of the Company will remain suspended on record date i.e., 28.11.2019.

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