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SEAPEARL

All Eps Dividend Board Agm Q1 Q2 Q3

SEAPEARL 09-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 14, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2021.

SEAPEARL 19-Oct-2021

(Continuation news of SEAPEARL): The total debt represents 78.72% of the Equity & Liabilities of the Company. Moreover, the Company has failed to pay regular installment of SPBRSL 20% Convertible Secured Bond since April, 2020. All these facts indicate uncertainty to be a going concern. (end)

SEAPEARL 19-Oct-2021

(Continuation news of SEAPEARL): The management of the Company opined that the shortfall was made due to lock down policy of Government for COVID-19 situation and increase of attainable capacity of the Company to 102,252 nos. rooms per year. Further, it is mentioned that as of 30 June 2021 the Company has indebted to the extent of Tk. 4,625,781,265 consisting of long term loan, short term loan, SPBRSL 20% Convertible Secured Bond and lease finance. (cont.2)

SEAPEARL 19-Oct-2021

The auditor of the Sea Pearl Beach Resort & Spa Limited has given the "Qualified Opinion" paragraphs in the Auditor's Report for the year ended on 30 June 2021. Qualified Opinion: i) Utilization of Capacity and Ability of the Company to Pay Debt: The utilization of capacity of the Company is poor which decreased than the last year by 9.21%. Total utilization of attainable capacity of the Company is only 44.28%, which was 53.49% in the previous year. (cont.1)

SEAPEARL 23-Sep-2021

The Company has further informed that the estimated revenue of Tk. 7.15 Crore yearly from the new business.

SEAPEARL 23-Sep-2021

The Company has informed that Board of Directors of the Company has taken a decision that they will operate a new business- passengers cruise ship tour package program based on Khulna-Sundarban-Khulna route. Initially, two cruise-ship will be purchased with an estimated cost of Tk. 8.50 crore. The Company also informed that new business will be started by October, 2021.

SEAPEARL 16-Sep-2021

Trading of the units of the Fund will resume on 19.09.2021 after record date.

SEAPEARL 15-Sep-2021

Trading of the shares of the Company will remain suspended on record date i.e., 16.09.2021.

SEAPEARL 13-Sep-2021

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 14.09.2021 to 15.09.2021. Trading of the shares of the Company will remain suspended on record date i.e., 16.09.2021.

SEAPEARL 23-Aug-2021

There will be no price limit on the trading of the shares of the Company today (23.08.2021) following its corporate declaration.

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