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QUEENSOUTH

All Eps Dividend Board Agm Q1 Q2 Q3

QUEENSOUTH 08-Nov-2021

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 November 11, 2021 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.

QUEENSOUTH 31-Oct-2021

There will be no price limit on the trading of the shares of the Company on today (31.10.2021) for following its corporate declaration.

QUEENSOUTH 31-Oct-2021

(Continuation news of QUEENSOUTH): 3) Bonus shares are not declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance. (end)

QUEENSOUTH 31-Oct-2021

(Continuation news of QUEENSOUTH): as against Tk. 0.89, Tk. 16.64 and Tk. 0.39 respectively for the same period of the previous year. The Company also informed that 1) Bonus shares has been recommended in view to utilize its retained amount as capital for business expansion as well as working capital 2) Bonus shares is declared out of accumulated profit. (cont. 4)

QUEENSOUTH 31-Oct-2021

(Continuation news of QUEENSOUTH): The Sponsors & Directors hold 6,96,70,735 shares and foreign & general shareholders hold 6,12,05,285 shares of the Company. General shareholders will get total Tk. 6,12,05,285.00. The Company has also reported EPS of Tk. 1.25, NAV per share of Tk. 16.31 and NOCFPS of Tk. 1.05 for the year ended on June 30, 2021 (cont.3)

QUEENSOUTH 31-Oct-2021

(Continuation news of QUEENSOUTH): The Stock Dividend is subject to approval of shareholders in the AGM and subsequent approval of the BSEC. Another Record date for entitlement of Stock Dividend will be notified later after getting approval from BSEC as per BSEC Notification No. BSEC/CMRRCD/2009-193/23/Admin/123; Dated June 30, 2021. (cont. 2)

QUEENSOUTH 31-Oct-2021

The Board of Directors has recommended 10% cash dividend for general public shareholders excluding the Sponsors & Directors and 10% stock dividend for all shareholders for the year ended on June 30, 2021. Date of AGM and Time: will be notified later, Venue: Digital Platform. Record date: 25.11.2021; to attend and vote in the AGM as well as will be entitled to get such recommended Cash Dividend only, if approved by the Shareholders in the AGM. (cont. 1)

QUEENSOUTH 13-Oct-2021

As per Regulation 19(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 28, 2021 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2021.

QUEENSOUTH 03-Oct-2021

The Company has informed that, the board of directors of the company has taken decision to establish a new 680 KWT photovoltaic solar system by which electricity will produce 65,280 KWH/month. The cost incurred for the associated job is USD 0.550 million equivalent to BDT 46.2 million. The Company also informed that they are expecting savings of USD 0.0888 million/year equivalent to BDT 7.40 million (Approx.) after tax in this regard which has direct impact on the profitability of the company.

QUEENSOUTH 15-Sep-2021

The Company has informed that the Board of Directors has decided to establish a new product line "Fiber Dyeing Unit" with a production capacity of 05 MT/day. After completion approximate incremental revenue should be BDT 45 million/month and profit should be BDT 4.5 million/month. The cost associated with the installation and erection of this new technology for fiber dyeing unit is US$ 0.60 million equivalents to BDT 42.00 million.

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