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WMSHIPYARD

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WMSHIPYARD 31-Oct-2017

DSE NEWS: The Stock Brokers and Merchant Bankers are requested to abstain from providing loan facilities to purchase any security of Western Marine Shipyard Limited in between 1st to 30th trading day after change of categorization, with effect from November 01, 2017 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.

WMSHIPYARD 31-Oct-2017

The Company will be placed in 'A' category from existing 'Z' category with effect from November 01, 2017 as the Company has reported disbursement of 10% stock dividend for the year 2014-2015 and 12% stock dividend for the year 2015-2016 respectively.

WMSHIPYARD 30-Oct-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 November 11, 2017 at 12:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2017.

WMSHIPYARD 30-Oct-2017

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 11, 2017 at 12:00 Noon to consider, among others, audited financial statements of the Company for the year ended on June 30, 2017. They will also conduct Board meeting to hold an EGM for increasing authorized capital, issuing rights share & other agenda of the Company.

WMSHIPYARD 25-Oct-2017

The Company has informed that it has credited Bonus shares for the year 2014-2015 and 2015-2016 respectively to the respective shareholders' BO Accounts on October 24, 2017.

WMSHIPYARD 10-Oct-2017

(Continuation news of WMSHIPYARD): Hence total accumulated stock dividend of 23.20% will be received by the all entitled shareholders for the years of 2014-2015 and 2015-2016. Western Marine Shipyard Ltd. will issue 23.20% of stock dividend after approving the same in the next AGM, to be held on 12 Oct 2017. All shareholders are requested to ignore previous circulated information through CDBL. " (end)

WMSHIPYARD 10-Oct-2017

(Continuation news of WMSHIPYARD): Actually it was an unintentional mistake in calculating the stock dividend. We apologize for the same and we would like to correct the same with issuing a revised PSI. The new calculation of Stock Dividend for the year 2014-2015 and 2015-2016 will be as under: Stock dividend for the year, 2014-2015: 100X10%=10. Stock dividend for the year, 2015-2016=100+10=110 X 12 %= 13.20. Total stock dividend for the year, 2014-2015 and 2015-2016: (10+13.2) =23.20 %. (cont. 2)

WMSHIPYARD 10-Oct-2017

The Company has provided a clarification on calculation of stock dividend for the year 2014-2015 and 2015-2016 which is as follows: "Refer the PSI on 04 September 2017 the Board of Western Marine Shipyard Limited has proposed 10% and 12% of stock dividend for the year 2014-2015 and 2015-2016 respectively i.e. the accumulated stock dividend was mentioned as 22% for the years as mentioned which was duly circulated to the investors. (cont. 1)

WMSHIPYARD 05-Oct-2017

(Q3 Un-audited): EPS was Tk. 0.60 for January-March, 2017 as against Tk. 0.56 for January-March, 2016. EPS was Tk. 2.02 for July, 2016-March, 2017 as against Tk. 1.79 for July, 2015-March, 2016. NOCFPS was Tk. 3.67 for July, 2016-March, 2017 as against Tk. 0.17 for July, 2015-March, 2016. NAV per share (With Assets Revaluation) was Tk. 41.56 & Tk. 39.55 and Without Assets Revaluation was Tk. 35.85 and Tk. 33.80 respectively as on March 31, 2017 and as on June 30, 2016.

WMSHIPYARD 26-Sep-2017

The Company has further informed that the meeting of the Board of Directors of the Company, as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on October 04, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period from July 01, 2016 to March 31, 2017.

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