Sonali Paper & Board Mills Ltd

Contact Details:

Registered Office	Head Office	Mills
7, Banglabazar Dhaka	Sonali Paper & Board Mills Ltd Printers Building , 5 Rajuk Avenue Extension Dhaka – 1000 Tel : 02- 9555557, 9558475 Fax : 02- 9562045	Tarabo, Rupganj, Narayanganj

At a Glance:

Date of Incorporation	Incorporated as Public Limited Company on 12 September 1994
IPO Offering Year	Issued public portion of shares in 1996
Date of Listing in CSE	21^st December 1996
Nature of Business	Main activities are manufacturing and papers
Accounting Year	financial year ended 30^th June 2000
Date of Last AGM	The last AGM was held on 20^th September 2004
Date of Delisting by CSE	Sonali Paper & Board Mills Ltd was delisted from CSE on 13^th June 2004 for Non-payment of Dividend for last five years and non-payment of Listing Fees from 1997

Market Information:

Market Lot	50
Face Value	Tk 10
Close Price at the time of Delisting	9.00

Board of Directors:

Quazi Rofiquddin	Chairman
Mr. Sheikh Shahid Hossain	Director
Mohammed Alauddin	Director
Mrs. Monowara Begum	Director
Mr. Paltu Chowdhury	Director
Mr. Giasuddin	Director
Mr. Hasnat Dowla	Director
Mr. Abul Bashar	Director

Operational Status:

According to Directors report to the Shareholders the factory was given closure from January’06. They are still in search of alternative business opportunity but not yet been resolved.

Key Financial and Operating Indicators:

Particulars	2000	1999
Authorized Capital 2,00,00,000 shares @ tk 10 each	200,000,000	200,000,000
Paid-up-Capital 91,95,000 shares @ tk 10 each	91,950,000	91,950,000
Net Worth	(100,022,903)	(49,850,637)
Working Capital	(323,087,225)	(298,351,531)
Debt to Equity (times)	(1.52)	(2.06)
NAV per Share	(20.88)	(15.42)
Turnover	Nil	Nil
Gross Profit	Nil	Nil
Net Profit/ (Loss) after Tax	(50,172,266)	(50,831,038)
Earning per Share	(5.52)	(5.53)
Dividend	Nil	Nil

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Source: Annual Report for the year ended 3oth June 2000