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RINGSHINE

All Eps Dividend Board Agm Q1 Q2 Q3

RINGSHINE 27-Feb-2020

Universe Knitting Garments Limited, a Placement holder of the Company (where Mr. Sung Wey Min is the Chairman of Universe Knitting Garments Limited and Managing Director & Sponsor of Ring Shine Textiles Limited), has expressed its intention to sell of 36,86,587 Bonus shares out of its total holding of 2,82,63,837 shares of the Company at prevailing market price (in the Block market) through Stock Exchange (DSE).

RINGSHINE 02-Feb-2020

(Q2 Un-audited): EPS was Tk. 0.45 for October-December 2019 as against Tk. 0.36 for October-December 2018; EPS was Tk. 0.96 for July-December 2019 as against Tk. 0.73 for July-December 2018. NOCFPS was Tk. (2.13) for July-December 2019 as against Tk. 0.58 for July-December 2018. NAV per share was Tk. 17.87 as on December 31, 2019 and Tk. 24.88 as on June 30, 2019.

RINGSHINE 28-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 5:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2019.

RINGSHINE 19-Jan-2020

DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase security of Ring Shine Textiles Limited in between 1st to 30th trading day after change of categorization, with effect from January 20, 2020 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.

RINGSHINE 19-Jan-2020

The Company will be placed in 'A' category from existing 'N' category with effect from January 20, 2020 as the Company has reported disbursement of 15% stock dividend for the year ended on June 30, 2019.

RINGSHINE 19-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 13, 2020.

RINGSHINE 09-Jan-2020

The Company has informed that the share and corporate office has been shifted from Plot# 224-260, Extension Area, DEPZ, Ganakbari, Savar, Dhaka to new location at House# 05, Road# 06, Block# K, Baridhara Model Town, Gulshan, Dhaka-1212 with effect from 08 January 2020.

RINGSHINE 29-Dec-2019

The Company has informed that the Board of Directors has decided to revised IPO fund to repay bank loan. The Company has planned and disclosed in the prospectus to repay bank loan with Dhaka Bank Ltd. and Woori Bank Ltd. Meantime, the Company has to settle the loan of Woori Bank Ltd. During the time, bank loan has created with The Premier Bank Ltd. Now the Company Board has decided to repay the bank loan Tk. 22,00,00,000.00 with The Premier Bank Ltd instead of Woori Bank Ltd.

RINGSHINE 19-Dec-2019

The Company has informed that the RJSC has approved to increase the authorized capital of the Company from Tk. 4,400.00 million to Tk. 5,400.00 million.

RINGSHINE 12-Dec-2019

(Continuation news of RINGSHINE): It is to be noted that basic EPS has been calculated based on weighted average Pre-IPO paid-up number of shares i.e. 285,054,820 shares for both the periods. Moreover, Company's post-IPO basic EPS for the 3 (three) months period ended on 30 September 2019 would be Tk. 0.46 and NAV per share would be Tk. 20.17 (Considering Post-IPO 435,054,820 number of shares). (end)

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