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SSSTEEL

All Eps Dividend Board Agm Q1 Q2 Q3

SSSTEEL 16-Nov-2020

(Continuation news of SSSTEEL): c) Bonus shares are not declared from Capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything. So that the post dividend retained earnings become negative or a debit balance. (end)

SSSTEEL 16-Nov-2020

(Continuation news of SSSTEEL): The Board has also approved Tk. 10.50 crore for purchasing Land, Building and Capital Machineries for business expansion. The Company also informed that reasons for declaration of stock dividend: a) Bonus shares have been recommended in view to utilize its retained amount as capital for business expansion; b) Bonus shares are declared out of accumulated profit; and (cont. 3)

SSSTEEL 16-Nov-2020

(Continuation news of SSSTEEL): The Company has also reported EPS of Tk. 1.55, NAV per share (with revaluation) of Tk. 17.48, NAV per share (without revaluation) of Tk. 14.98 and NOCFPS of Tk. 2.46 for the year ended on June 30, 2020 as against Tk. 2.21, Tk. 18.33, Tk. 15.40 and Tk. 0.93 respectively for the same period of the previous year. (cont. 2)

SSSTEEL 16-Nov-2020

The Board of Directors has recommended 2% cash dividend for general shareholders other than Sponsors & Directors and 8% stock dividend for all shareholders for the year ended on June 30, 2020. The Sponsors & Directors hold 115,469,343 shares out of total 281,750,00 shares of the Company and the cash dividend to be payable to the General shareholders is Tk. 3,32,56,131.40. Date of AGM: 31.12.2020, Time: 02:00 PM, Venue: Digital Platform. Record Date: 07.12.2020. (cont. 1)

SSSTEEL 15-Nov-2020

The Company has further informed that due to unavoidable circumstances, the meeting scheduled to be held on November 15, 2020 as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020 has been postponed. New date and time of the meeting will be notified later.

SSSTEEL 09-Nov-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 November 15, 2020 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2020.

SSSTEEL 09-Nov-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 November 15, 2020 at 5:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2020.

SSSTEEL 06-Sep-2020

The Company has informed that the Board of Directors has decided and proposed that due to Pandemic Corona situations, they extend the IPO Proceeds Utilization and implementation time scheduled up to April 2021 from the existing implementation time schedule subject to approval by shareholders in Extra-Ordinary General Meeting (EGM) and subsequently obtain approval of the regulatory authority.

SSSTEEL 03-Sep-2020

Trading of the Shares of the Company will resume on 06.09.2020 after record date.

SSSTEEL 02-Sep-2020

Trading of the shares of the Company will remain suspended on record date i.e., 03.09.2020 for EGM.

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