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WMSHIPYARD

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WMSHIPYARD 22-Mar-2018

Western Marine Services Limited, one of the Sponsors (Corporate Sponsor) of the Company, has expressed intention to sell its entire holding of 6,06,412 shares of the Company at prevailing market price (In the Public market) through Stock Exchange (DSE) within April 30, 2018.

WMSHIPYARD 22-Mar-2018

Mr. Arifur Rahman Khan, one of the Directors of the Company, has expressed his intention to sell 2,89,095 shares out of his total holding of 42,19,798 shares of the Company at prevailing market price (in the Public Market) through Stock Exchanges (DSE/CSE) within April 30, 2018.

WMSHIPYARD 22-Mar-2018

Mr. Sohail Hasan, one of the Sponsors Directors of the Company, has expressed his intention to sell 3,39,377 shares out of his total holding of 49,53,736 shares of the Company at prevailing market price (in the Public Market) through Stock Exchanges (DSE/CSE) within April 30, 2018.

WMSHIPYARD 22-Mar-2018

Mr. Abu Md. Fazle Rashid, one of the Sponsors Directors of the Company, has expressed his intention to sell 2,55,014 shares out of his total holding of 37,22,335 shares of the Company at prevailing market price (in the Public Market) through Stock Exchanges (DSE/CSE) within April 30, 2018.

WMSHIPYARD 22-Mar-2018

Mr. Md. Sakhawat Hossain, one of the Sponsors Directors of the Company, has expressed his intention to sell 2,78,388 shares out of his total holding of 40,63,500 shares of the Company at prevailing market price (in the Public Market) through Stock Exchanges (DSE/CSE) within April 30, 2018.

WMSHIPYARD 06-Mar-2018

Mr. Md. Saiful Islam, one of the Sponsors Directors of the Company, has expressed his intention to sell 30,00,000 shares out of his total holding of 1,87,93,106 shares of the Company at prevailing market price (In the Public market) through Stock Exchange (DSE) within next 30 working days.

WMSHIPYARD 13-Feb-2018

(Continuation news of WMSHIPYARD): The Company replied that as on today, Western Marine Shipyard Limited did not reschedule any existing loan after issuance of the letter. The company also informed that it is difficult to quantify the financial impact at this time. (end)

WMSHIPYARD 13-Feb-2018

(Continuation news of WMSHIPYARD): interest of the loans as on 31 December 2017 without any down payment and to repay the loan and interest in quarterly installments over 10 (ten) years through creating block accounts. In this regard, DSE has already made a query to the Company asking the final status of reschedule of the existing loans by their lending banks and its subsequent financial impact on profitability of the company. (cont. 2)

WMSHIPYARD 13-Feb-2018

The Company has informed that the Ministry of Finance, through letter ref: 53.00.0000.331.36.007.18-40 dated 08 February 2018 has advised Bangladesh Bank to take necessary actions within 30 March 2018, for reduction of the interest rate of borrowed capital investment of export oriented shipbuilders of the country. According to the letter, on the basis of applications of shipbuilders, the banks and financial institutions will allow 3 (three) years moratorium period on the principal and (cont. 1)

WMSHIPYARD 07-Feb-2018

The Company has informed that it has disbursed the cash dividend for the year ended on June 30, 2017 to the respective shareholders.

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