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SONARBAINS

All Eps Dividend Board Agm Q1 Q2 Q3

SONARBAINS 17-Aug-2017

Mrs. Nargis Akter, Mr. Md. Shamsul Haque and Mr. Md. Ruhul Amin, all are Sponsors and Directors of the Company, have further reported that they have completed their buys of 50,000 shares, 1,24,636 shares and 2,00,000 shares respectively of the Company at prevailing market price through Stock Exchange as announced earlier.

SONARBAINS 17-Aug-2017

Modern Washing & Dyeing Ltd., one of the Corporate Directors of the Company, has further reported that it has completed its buy of 2,50,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.

SONARBAINS 08-Aug-2017

Mrs. Nargis Akter, Mr. Md. Shamsul Haque and Mr. Md. Ruhul Amin, all are Sponsors and Directors of the Company, have expressed their intentions to buy 50,000 shares, 1,24,636 shares and 2,00,000 shares respectively of the Company at prevailing market price (in the Block Market) through Stock Exchange within next 30 working days.

SONARBAINS 08-Aug-2017

Modern Washing & Dyeing Ltd., one of the Corporate Directors of the Company, has expressed its intention to buy 2,50,000 shares of the Company at prevailing market price (in the Block Market) through Stock Exchange within next 30 working days.

SONARBAINS 27-Jul-2017

(Continuation news of SONARBAINS): so the actual liability is contingent and issue is under process of litigation. The management should resolve the issue as early as possible. iv. The management should recognise the stock dividend received from subsidiary in compliance with the Bangladesh Financial Reporting Standards (BFRS) and other applicable laws and regulations including permission from BSEC. v. Deferred Tax should be calculated as per BAS-12. (end)

SONARBAINS 27-Jul-2017

(Continuation news of SONARBAINS): Management should take necessary steps to realize/adjust the balances. ii.The management needs to make arrangement to introduce the Workers Profit Participation Fund (WPPF) in the company with compliance of applicable rules and regulations. iii. As described in the note 9.1 in the financial statements regarding liability for taxation, in this case actual demand of the tax authority is higher than the liability recognized in the financial statements, (cont.2)

SONARBAINS 27-Jul-2017

(Qualified Opinion and Emphasis of Matter): The auditor of the company has given the following "Qualified Opinion and Emphasis of Matter" in the audit report of the company for the year ended on 31 December 2016: Qualified Opinion: The report is subject to qualification appears in its subsidiary company namely Sonar Bangla Capital Management Limited. Emphasis of Matter: i. As disclosed in the note 15.00 to the financial statements regarding renewal insurance portfolio premium and losses. (cont.1)

SONARBAINS 27-Jul-2017

(Q2 Un-audited): Consolidated EPS was Tk. 0.37 for April-June, 2017 as against Tk. 0.44 for April-June, 2016; Consolidated EPS was Tk. 0.93 for January-June, 2017 as against Tk. 0.86 for January-June, 2016. Consolidated NOCFPS was Tk. 0.18 for January-June, 2017 as against Tk. 0.54 for January-June, 2016. Consolidated NAV per share was Tk. 17.92 as of June 30, 2017 and Tk. 16.81 as of June 30, 2016.

SONARBAINS 19-Jul-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 July 27, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2017.

SONARBAINS 13-Jun-2017

Alpha Credit Rating Limited (AlphaRating) has rated the Company as "AA-" in the long term and "ST-2" in the short term along with a stable outlook based on audited financial statements of the Company as on December 31, 2016 and relevant qualitative information till June 11, 2017.

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