NAVANA REAL ESTATE LIMITED - Dhaka Stock Exchange

Issuer: Navana Real Estate LimitedIssue Manager: ICB Capital Management LimitedCompany in its General meeting may declare a smaller dividend. If preferenceshare dividend is not paid in one year, such unpaid dividend shall be carriedforward to the next year or years; and become cumulative.III. The declaration of directors as to the amount of net profit of the company shall beconclusive.IV. No dividends shall be paid otherwise than out of the profits of the year or any otherundistributed profits and general reserves. Dividend shall not carry interest asagainst the Company.V. The Directors may from time to time pay off the members such interim dividend asappear to the Directors to be justified by the profits of the Company.VI. A transfer of shares shall not pass the right to any dividend declared thereon aftersuch transfer and before the registration of the transfer.VII.There is no limitation on the payment of dividends to the common stockholders.e) Other Rights of ShareholdersThe shareholders shall have the right to receive all periodic reports and statements, auditedas well as unaudited, published by the company from time to time. The directors shallpresent the financial statements as required under the law and International AccountingStandards and International Financial Reporting Standards as adopted by the Institute ofChartered Accountants of Bangladesh. Financial statements will be prepared in accordancewith International Financial Reporting/Accounting Standards, consistently applied throughoutthe subsequent periods and present with the objective of providing maximum disclosure asper law and international Financial Reporting/Accounting Standard to the shareholdersregarding the Financial and operational position of the company.In case of any declaration of stock dividend through issue of Bonus Shares, all shareholdersshall be entitled to it in proportion to their shareholdings on the date of book closure orrecord date for the purpose.The shareholders holding not less than 10% of the issued/fully paid up capital of theCompany shall have the right to requisition Extra-Ordinary General Meeting (EGM) of theCompany as provided under Section 84 of the Companies Act, 1994.Availability of SecuritiesSl.Number ofParticularsNumberShares1 20% of IPO of Ordinary Shares are reserved for Eligible6,000,000Institutional Investors through Book Building Method2 10% of IPO of Ordinary Shares are reserved for Mutual Funds 3,000,0003 10% of IPO of Ordinary Shares are reserved for Non-Resident 3,000,000Bangladeshis (NRB)4 Remaining 60% of IPO of Ordinary Shares are reserved forGeneral Public18,000,000Total 30,000,000Page- 24