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SONALIANSH

All Eps Dividend Board Agm Q1 Q2 Q3

SONALIANSH 11-Dec-2018

(Adverse Opinion): The auditor of the company has given the following Adverse Audit Opinion in the audit report of the company for the year ended on 30 June 2018. Basis for Adverse Opinion: 1. The Company has not been charging depreciation on the additional value resulting from revaluation of fixed assets (Note: 13) as required by IAS 16: Property, Plant & Equipment since financial year 2006-2007. In consequence the net assets value of the Company remained (cont.1)

SONALIANSH 04-Dec-2018

(Continuation news of SONALIANSH): starting from Article 1 to Article 150 (Page 1 to 26) be and are hereby amended to the extent as aforesaid and a new Articles of Association comprising Articles 1 to Articles 261 (Page 1 to 33) be and are hereby adopted to give effect to the provisions of the Companies Act, 1994. (end)

SONALIANSH 04-Dec-2018

(Continuation news of SONALIANSH): as security for loans and/or any credit facilities to be given to any associate company or companies or third party and also to give guarantee securing liabilities of such associate company or companies and/or third party. Articles of Association: All objects of the existing Articles of Association of the Company (cont. 4)

SONALIANSH 04-Dec-2018

(Continuation news of SONALIANSH): other products made of jute, Cotton, Leather and similar items. Jute Stick, Charcoal, Jute plastic thermo bonding materials and products and jute plastic and so, Eco friendly material & products. Clause-40: To stand as surety for third party and/or associate units, to give guarantee in appropriate situation as the Company seems fit for securing liabilities of such party and/or associate units and if need to be mortgaged the property and assets of the company (cont. 3)

SONALIANSH 04-Dec-2018

(Continuation news of SONALIANSH): & Twine, Fabric, Jute Wall Covering, Shoe Sole, Jute Tape, Jute Rope and other type of products made out of Jute, Flax, Hemp, Cotton, Wool and other fibrous materials and blend with jute, recycled & natural material like water Hyacinth, Hougla, grass & so, various Leather Products, Laminated Jute Fabrics and products, Chemically treated Jute, Jute blend & Union, Cloth/Sheet, various types of Jute/Cotton bags, Shoe and Shoe related items made of Jute and any (cont. 2)

SONALIANSH 04-Dec-2018

The Board of Directors has further informed that they will add two object clauses (provision to issue Corporate Guarantee & all types of jute diversified product/leather product items to be added) & all Articles of Association of the Company as per Companies Act, 1994 as under to be changed which will be placed before the AGM to be held on 31.12.2018 for approval of the shareholders of the Company. Clause-1: To set up and establish Jute Yarn manufacturing industries, for manufacture Jute Yarn (cont. 1)

SONALIANSH 04-Dec-2018

There will be no price limit on the trading of the shares of the Company today (04.12.2018) following its corporate declaration.

SONALIANSH 04-Dec-2018

The Board of Directors has recommended 10% cash dividend for the year ended on June 30, 2018. Date of AGM: 31.12.2018, Time: 11:30 AM, Venue: House No. 71, Bir Uttam M.A. Rab Sharak (Old House No. 38, Road No. 02) Dhanmondi R/A, Dhaka- 1205. Record Date: 26.12.2018. The Company has also reported EPS of Tk. 1.71, NAV per share of Tk. 225.90 and NOCFPS of Tk. (51.64) for the year ended on June 30, 2018 as against Tk. 1.65, Tk. 225.19 and Tk. 31.06 respectively for the same period of the previous year.

SONALIANSH 29-Nov-2018

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 December 03, 2018 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.

SONALIANSH 14-Nov-2018

In response to a DSE query dated November 13, 2018, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike and increase in volume of shares.

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