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RAHIMAFOOD

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RAHIMAFOOD 30-Apr-2018

In reply to a DSE query dated April 24, 2018 regarding their current status of operation as the operational activities of the company had been closed down since 13.06.2013 and had not yet commenced, the Company, among others, has given the following response: The project of erection of a coconut oil producing plant is under process of implementation and is expected to be completed within a year, provided gas and electricity re-connection, as per requirement are available in time.

RAHIMAFOOD 22-Apr-2018

(Q3 Un-audited): EPS was Tk. 8.89 (Realized capital gain on sale of land) for January-March 2018 as against Tk. (0.13) for January-March 2017; EPS was Tk. 8.53 (Realized capital gain on sale of land) for July 2017-March 2018 as against Tk. (0.39) for July 2016-March 2017. NOCFPS was Tk. (0.35) for July 2017-March 2018 as against Tk. 5.44 for July 2016-March 2017. NAV per share was Tk. 11.35 as on March 31, 2018 and Tk. 2.82 as of June 30, 2017.

RAHIMAFOOD 15-Apr-2018

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 April 19, 2018 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.

RAHIMAFOOD 02-Apr-2018

The Company has informed that the Registered office of the Company has been shifted to its new address at 115/7/A, Distillery Road, Gandaria, Dhaka - 1204, with effect from April 01, 2018.

RAHIMAFOOD 31-Jan-2018

(Q2 Un-audited): EPS was Tk. (0.20) for October-December, 2017 as against Tk. (0.11) for October-December, 2016; EPS was Tk. (0.36) for July-December, 2017 as against Tk. (0.26) for July-December, 2016. NOCFPS was Tk. 25.29 for July-December, 2017 as against Tk. 5.52 for July-December, 2016. NAV per share was Tk. 2.46 as on December 31, 2017 and Tk. 2.82 as on June 30, 2017.

RAHIMAFOOD 30-Jan-2018

(Continuation news of RAHIMAFOOD): DBBL (A/C-14054) & Bank Asia (A/C 00725) as reported dormant accounts. 3. The production capacity utilization of the company is quite poor in comparison to standard. During the year, the production to total utilization capacity is 0.00% against the 0.67% in the last year. Production capacity must be utilized at the optimum level to strengthen the financial position of the company. (end)

RAHIMAFOOD 30-Jan-2018

(Continuation news of RAHIMAFOOD): is evolved and operational efficiency and aggressive marketing of the product is significantly enhance to a greater extent. 2. Cash at bank balance represents 9 (nine) bank accounts out of which 89% bank accounts couldn't be confirmed maintained with standard Chartered Bank (A/C -710001), AB Bank (A/C -47094000), NCC bank (A/C-0085), Sonali Bank (A/C-69893), Eastern Bank (A/C-000090), Al-Arafah Islami Bank (A/C-31812), (cont. 3)

RAHIMAFOOD 30-Jan-2018

(Continuation news of RAHIMAFOOD): The company's current liabilities exceeded its current assets by Tk. 13,396,146. During the year the company has not run any commercial production and production closed sine die. These conditions, along with other matters as set forth in Note 2.04, indicate the existence of a material uncertainty that may cast significant doubt about the company's ability to continue as a going concern in the foreseeable future unless a continuous inflow of liquidity support (cont. 2)

RAHIMAFOOD 30-Jan-2018

The auditor of the company has given the following "Emphasis of Matter" Paragraphs in the audit report of the company for the year ended on 30 June 2017. Emphasis of Matter: 1. Without qualifying our opinion, we draw attention to Note 2.04 in the financial statements which indicates that the company incurred a net loss of Tk. 3,500,499 during the year ended June 30, 2017 and as of that date, the Company's retained earning stood at (Tk. 154,093,797). (cont. 1)

RAHIMAFOOD 21-Jan-2018

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, 2018 at 4:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2017.

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