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SONARBAINS

All Eps Dividend Board Agm Q1 Q2 Q3

SONARBAINS 18-Aug-2020

2. The Company has presented reduction in cash resulting from transactions related to Fixed Deposits of their Subsidiary worth BDT 38,483,727 in Cash from Operating Activities section of the Consolidated Cash Flow Statement as well as Cash Flow Statement of the Subsidiary. This is not in line with the Group's policies and presentation of financial statements where transactions related to (cont. 3)

SONARBAINS 18-Aug-2020

(Continuation news of SONARBAINS): Cash Flow Statement as well as Cash Flow Statement of Subsidiary. This is not in line with the Group's as well as Subsidiary's policies and presentation of financial statements where all activities related to share investment are presented in Cash Flows from Investing Activities. As a result, the application of accounting policies and procedures was not consistent. (cont. 2)

SONARBAINS 18-Aug-2020

The auditor of Sonar Bangla Insurance Ltd. has given the following "Qualified Opinion" in the audit report of the company prepared for the year ended on December 31, 2019. Basis for Qualified Opinion: 1. The Company has presented and increase in cash resulting from disposal of shares worth BDT 41,575,871 in the Cash Flow from Operating Activities section of the Consolidated (cont. 1)

SONARBAINS 06-Jul-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 July 14, 2020 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2020 and Second Quarter (Q2) period ended on June 30, 2020.

SONARBAINS 06-Jul-2020

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 July 14, 2020 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2019.

SONARBAINS 31-Oct-2019

(Q3 Un-audited): Consolidated EPS was Tk. 0.91 for July-September 2019 as against Tk. 0.49 for July-September 2018; Consolidated EPS was Tk. 1.70 for January-September 2019 as against Tk. 1.25 for January-September 2018. Consolidated NOCFPS was Tk. 1.61 for January-September 2019 as against Tk. 0.62 for January-September 2018. Consolidated NAV per share was Tk. 17.89 as on September 30, 2019 and Tk. 17.06 as on September 30, 2018.

SONARBAINS 24-Oct-2019

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 October 30, 2019 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2019.

SONARBAINS 07-Oct-2019

Alpha Credit Rating Limited (AlphaRating) has rated the Company as "AA" in the long term and "ST-1" in the short term along with a stable outlook based on audited financial statements of the Company as on December 31, 2018 and relevant qualitative information till October 05, 2019.

SONARBAINS 03-Oct-2019

In response to a DSE query dated October 02, 2019, 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.

SONARBAINS 04-Aug-2019

The Company has informed that it has credited the Bonus shares to the respective shareholders' BO Accounts and also disbursed the cash dividend to the respective shareholders' Bank Accounts through BEFTN for the year ended on December 31, 2018.

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