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Price sensitive information, dated October 13, 2011
 
The Board of Directors of the Company in its 148th meeting held on October 13, 2011 took the following decisions subject to the approval at the Extra Ordinary General Meeting of the Company and Regulatory Authorities:
 
1. Increase  of Authorised Capital of the Company:
 
Authorised Capital of the Company will be increased to Tk 300,00,00,000/- (Taka three hundred crore) from existing Tk 100,00,00,000/-(Taka one hundred crore).
 
2. Change the denomination of shares:
 
The denomination of Face Value of shares of the Company will be changed from existing Tk 100/-(one hundred) to Tk 10/-(ten) each with the market lot of shares from existing 20 (twenty) shares to 200 (two hundred) shares.
 

The 6th Extra-Ordinary General Meeting of Company will be held on Thursday, November 24, 2011 at 10.00 a.m at Trust Milonayaton, 545 Old Airport Road, Dhaka Cantonment, Dhaka. The record date for EGM will be Tuesday, October 25, 2011.
Price sensitive information, dated July 28, 2011
 

The 146th Meeting of the Board of Directors of United Leasing Company Limited was held on July 28, 2011. The Board, among other matters, approved the accounts (un-audited) of the Company for the half year ended on June 30, 2011.

The Company earned operating revenue of Tk 346.07 million and after tax profit of Tk 114.28 million during the first half of the year. 

22nd AGM - Change of Venue, dated May 22, 2011
 

This is for kind information of all concerned that the 22nd Annual General Meeting of the Company will be held at Trust Milonayataon, 545 Old Airport Road, Dhaka Cantonment, Dhaka on THurseday, June 9, 2011 at 11:00 a.m. instead of Celebrity Hall of Bangabandhu International Conference Centre, Dhaka due to unavoidable circumstances.

We Regret for the inconvenience of the Shareholder.

Price sensitive information, dated May 05, 2011
 
The Board of Directors of the Company in its meeting held at 5:00 p.m. Thursday, May 5, 2011, was informed, vide a letter, on behalf of the following shareholders viz.
 
  • Lawrie Group Plc., UK
  • Surmah Valley Tea Co. Limited
  • Duncan Brothers (Bangladesh) Limited
  • Macalms Bangladesh Trust
  • Octavius Steel & Co. of BD Ltd
  • The Lungla (Sylhet) Tea Company Limited
  • Camellia Duncan Foundation
  • The Chandpore Tea Company Limited
  • Amo Tea Company Limited
  • Chittagong Warehouses Limited
  • The Allynugger Tea Company Limited
  • The Mazdehee Tea Company Limited, and;
  •  Duncan Products Limited

(hereinafter collectively referred to as the “Shareholders”)

that the Memorandum of Agreement dated 8 September 2010 and Share Purchase Agreement dated 19 September 2010 to sell their entire shareholdings in the Company to:

  • Summit Industrial & Mercantile Corporation (Pvt.) Limited
  • Cosmopolitan Traders (Pvt) Limited
  • Summit Holdings Limited

stands terminated by operation of law and therefore, the Shareholders shall not be selling and tranferring their shares in Company under the Memorandum of Agreement and the Share Purchase Agreement.
Price sensitive information, dated April 10, 2011
 
Board of Directors of the company in its 143rd meeting held on April 10, 2011 approved the un-audited Financial Statements for the first quarter ended March 31, 2011. During this period the company earned Operating Income of Tk 175.25 million and after tax profit of Tk 52.43 million.
   
Price sensitive information, dated March 31, 2011
 
The Board of Directors of the Company in its 142nd meeting held on March 31, 2011 took the following decesions:
 

1. Dividend for the year 2010 which will be placed for the approval before the next AGM:
 
a) Bonus Share: 3 bonus shares for every 4 shares (75%)
b) Cash: Tk. 7.5 per share (7.5% on face value)

2. Date & time of the 22nd AGM: Thursday, June 09, 2011 at 11:00 a.m.

 

3. Venue of the of the 22nd AGM: Celebrity Hall, Bangabandhu International Conference Centre, Agargaon, Sher-e-Bangla Nagar, Dhaka

 

4. Record date of the 22nd AGM: Thursday, April 28,2011

 
Financial Highlights-2011
 
a) Net Profit After Tax (Tk. in Million): 378.28
 
b) Earning Per Share (EPS)(Tk.): 71.64
 
c) Net Asset Value Per Share (Tk.): 307.00
 
d) Net Operating Cash Flow Per Share (Tk.): 54.08
   
Price sensitive information, dated September 08, 2010
 

The Board of Directors of the Company in its meeting held at 4:30 p.m. today, September 08, 2010, was informed, vide a letter, on behalf of the following shareholders viz.
 
  • Lawrie Group Plc., UK
  • Surmah Valley Tea Co. Limited
  • Duncan Brothers (Bangladesh) Limited
  • Macalms Bangladesh Trust
  • Octavius Steel & Co. of BD Ltd
  • The Lungla (Sylhet) Tea Company Limited
  • Camellia Duncan Foundation
  • The Chandpore Tea Company Limited
  • Amo Tea Company Limited
  • Chittagong Warehouses Limited
  • The Allynugger Tea Company Limited
  • The Mazdehee Tea Company Limited, and;
  •  Duncan Products Limited
    		•
       
     

    (hereinafter collectively referred to as the “Shareholders”)
    that the Shareholders of the Company have signed a Memorandum of Agreement today, September 08, 2010, to sell off their entire shareholdings (1,690,424 shares in aggregate) in the Company to the following purchasers:
       
     
  • Summit Industrial & Mercantile Corporation, and;
  • Cosmopolitan Traders (Pvt) Limited
    •    
     

    The Memorandum of Agreement to sell off the entire shareholding is subject to the necessary regulatory formalities and approvals in compliance with the laws of Bangladesh.
       
    Price sensitive information, dated July 27, 2010
     
    The 137th Meeting of the Board of Directors of United Leasing Company Limited was held on July 27, 2010. The Board, among other matters, approved the accounts (unaudited) of the Company for the half year ended on June 30, 2010.
       
     
    The Company earned after tax profit of Tk 251.81 million and Earning Per Share (EPS) Tk 47.69 during the first half of the year.
       
    Price sensitive information, dated May 26, 2010
      The board of Directors of the Company in its 136th meetig held on May 26, 2010 between 3-5:30 p.m. resolved to divest the shares held in the Duncan Properties (Pvt.) Limited.
       
    This information is provided in compliance with SEC Notification No. SEC/SRMI/2000-953/1950 dated Octobern 24, 2000
       
    Price sensitive information, dated April 26, 2010
     
    Board of Directors of the company in its 135th meeting held on April 26, 2010 approved unaudited Financial Statements for the first quarter ended March 31, 2010. During this period the company earned operating revenue of Tk282.52 million and after tax profit of Tk37.71 million.
       
    ULC declared cash dividend and bonus shares as well.
    The 133rd Meeting of the Board of Directors of United Leasing Company Limited was held on February 9, 2010. The Board, among other matters, recommended one bonus share for every one share and cash dividend @ Tk. 7.5 per share, which will be placed for approval before the next (twenty first) Annual General Meeting to be held on March 25, 2010 at 3:00 p.m.
     
    The record date for the distribution of dividend is March 03, 2010.
     
     
    The Company earned after tax profit of tk. 162.13 million in 2009 (Jan-Dec). The Net asset value (NAV) per share as on December 31, 2009 was tk. 478.20. Earning per share (EPS) and Net Operating Cash Flow per share (NOCFPS) for the year ended December 31, 2009 were Tk. 61.41 and Tk. 309.98 respectively.