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SHARPIND

All Eps Dividend Board Agm Q1 Q2 Q3

SHARPIND 31-Jan-2017

With reference to their earlier news disseminated by DSE dated October 28, 2015 regarding Expansion of the Project for cotton plant, the company has further informed that the expansion of cotton plant facilities has almost completed and planned to run with full of operation by last week of February, 2017. Expanded additional capacity of the cotton project is 20,880 spindles and total capacity in cotton project stood 41,040 spindles. (cont.)

SHARPIND 31-Jan-2017

(Q2 Un-audited): EPS was Tk. 0.32 for October-December, 2016 as against Tk. (0.20) for October-December, 2015; EPS was Tk. (0.08) for July-December, 2016 as against Tk. (0.17) for July-December, 2015. NOCFPS was Tk. 2.89 for July-December, 2016 as against Tk. 1.11 for July-December, 2015. NAV per share was Tk. 24.29 as of December 31, 2016 and Tk. 25.45 as of December 31, 2015.

SHARPIND 25-Jan-2017

The Company has informed that they have applied to the Honorable Court for permission and process of arrangement for pending AGM of the Company.

SHARPIND 22-Jan-2017

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, 2017 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, 2016.

SHARPIND 19-Jan-2017

The Company has informed that BSEC Vide Order No. SEC/SRMIC/15/2012/512 dated January 17, 2017 has withdrawn the bar on share sale/gift/mortgage or otherwise transfer of R.N. Spinning Mills Limited by its Sponsors and Directors. The bar on share sale/gift/mortgage or otherwise transfer was ordered earlier by BSEC on 20.09.2012 vide Order No. SEC/SRMIC/15/2012/504.

SHARPIND 17-Jan-2017

(Continuation news of RNSPIN): by Mr. Abdul Kader Faruk (Sponsor & Director), Mrs. Shirin Faruk (Sponsor & Director) & Mr. Kim Jung Suk (Director), as per BSEC's memo nos. BSEC/LSD/Letter-2016/758/1107, BSEC/LSD/Letter-2016/758/1108 & BSEC/LSD/Letter-2016/758/1109 dated 29.12.2016. (end)

SHARPIND 17-Jan-2017

(Continuation news of RNSPIN): for Leave to Appeal Nos. 2335, 2336 & 2337 of 2016 has dismissed the Leave Petitions for want of non-prosecution, arising out of the Judgment and Order dated 29.03.2016, passed by the High Court Division in Writ Petition Nos. 5300, 5301 & 5754 of 2013, subject to submission of Tk.25.00 lac, Tk. 12.50 lac & Tk. 25.00 lac respectively (cont. 2)

SHARPIND 17-Jan-2017

With reference to their earlier news (disseminated by DSE on January 04, 2017) regarding Reduction of penalty of Sponsor & Director of the Company, The Company has further informed that the Hon'ble Appellate Division of the Supreme Court of Bangladesh vide a Court Order dated 11.01.2017 in connection with Civil Petition (cont. 1)

SHARPIND 04-Jan-2017

The Company has informed that the Honorable High Court Division of the Supreme Court of Bangladesh on 02.01.2017 (arising out of Writ Petition No. 6588 of 2013) has discharged the Rule for non-prosecution; recalled and vacated the earlier Order of Stay (regarding prohibiting the sponsors and directors of the company from selling/gifting/mortgaging or transferring in any other way shares held in the Company).

SHARPIND 04-Jan-2017

(continuation news of RNSPIN): from earlier imposed Tk. 50.00 lac, 3. Penalty for Mrs. Shirin Faruk (Sponsor & Director) has been reduced to Tk. 12.50 lac from earlier imposed Tk. 25.00 lac, & 4. Penalty for R.N Spinning Mills Ltd. has been remained Tk. 10.00 lac, as imposed before. (end)

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