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The Financial Express

20 cos hold AGM, 109 more to do by month-end

FE Online Report | Published: December 14, 2017 18:44:23 | Updated: December 17, 2017 11:17:57


20 cos hold AGM

Twenty listed companies on Thursday held their annual general meeting (AGM) at different venues where they approved declared dividends and discussed other relevant issues.

Meanwhile, 109 more listed companies will hold their respective AGMs between December 17 and 31 for approving their declared dividends, according to information available with the Dhaka Stock Exchange (DSE).

The companies which held their AGMs on Thursday are: Envoy Textile, Quasem Drycells, Saiham Cotton, Active Fine Chemicals, AFC Agro Industries, Fortune Shoes, Shympur Sugar Mills, AMCL (Pran), Rangpur Foundry, Olympic Industries, National Feed Mills, Kohinoor Chemicals, BDCOM Online, Baraka Power, Nurani Dyeing, Kay & Que, Bengal Windsor Thermoplastics, Orion Pharmaceuticals, Orion Infusions and Renwick Jajneswar Company.

Envoy Textile, which recommended 7.0 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2017, will hold its AGM today.

Quasem Drycells recommended 18 per cent stock dividend for the year ended on June 30, 2017, and the company, too, will hold its AGM today.

Saiham Cotton recommended 12 per cent cash dividend while Active Fine recommended 25 per cent stock dividend, AFC Agro Industries recommended 20 per cent stock dividend, Fortune Shoes recommended 12 per cent stock dividend, Shyampur Sugar Mills recommended no dividend, AMCL (Pran) 32 per cent cash dividend, Rangpur Foundry recommended 23 per cent cash and Olympic Industries recommended 45 per cent cash dividend for the year ended on June 30, 2017.

National Feed Mills recommended 10 per cent stock dividend, Kohinoor Chemicals recommended 15 per cent cash and 15 per cent stock dividend, BDCOM recommended 5.0 per cent cash and 5.0 per cent stock, Baraka Power recommended 5.0 per cent cash and 15 per cent stock dividend, Nurani Dyeing 10 per cent stock and Kay & Que recommended no dividend.

Bengal Windsor recommended 10 per cent stock dividend, while Orion Pharma recommended 15 per cent cash dividend.

Orion Infusions and Renwick Jajneswar recommended 14 per cent 12 per cent cash dividend respectively for the year ended on June 30, 2017.

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