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Some 12 listed companies, including Apex Tannery, will hold Annual General Meetings (AGMs) during the period of September 12 to September 28 this year.
The recommended dividends and audited financial statements of these companies for the year ended on December 31, 2016 and June 30, 2017 are expected to be approved at their respective AGM.
According to information from the Dhaka Stock Exchange (DSE), the AGM of Bangladesh Lamps will be held on September 12. The board of directors of the company has recommended 30 per cent cash dividend for the 18 months period from January 01, 2016 to June 30, 2017.
The AGM of Peoples Leasing & Financial Services will be held on September 19. The board of directors of the company has recommended no dividend for the year ended on December 31, 2016.
BIFC will hold AGM on September 20. The board of directors of the company has recommended no dividend for the year ended on December 31, 2016.
The AGM of Sandhani Life Insurance will be held on September 25. The board of directors of the company has recommended 25 per cent stock dividend for the year ended December 31, 2016.
Apex Tannery will hold AGM on September 25 at 10:00am at Bangladesh Shooting Sports Federation, Gulshan-1 in Dhaka. The board of directors of the company has recommended 40 per cent cash dividend for the year ended on June 30, 2017.
The AGM of National Life Insurance will be held on September 26. The board of directors of the company has recommended 20 per cent cash and 15 per cent stock dividend for the year ended December 31, 2016.
Sunlife Insurance will hold AGM on September 26. The board of directors of the company has recommended no dividend for the year ended on December 31, 2016.
The AGM of Rupali Life Insurance will be held on September 28. The board of directors of the company has recommended 10 per cent cash dividend for the year ended December 31, 2016.
Four more companies - Meghna Life Insurance, Pragati Life Insurance, BSRM Steels and Bangladesh Steel Re-rolling Mills - will also hold AGMs on September 28.
The Meghna Life Insurance recommended 20 per cent cash dividend and 5.0 per cent stock dividend, Pragati Life Insurance recommended 8.0 per cent cash and 17 per cent stock dividnd for the year ended on December 31, 2017.
The board of directors of BSRM Steels has recommended 15 per cent final cash dividend (i.e. total 35 per cent cash dividend for the year 2017 inclusive of 20 per cent Interim cash dividend which has already been paid) for the year ended on June 30, 2017.
Bangladesh Steel Re-rolling Mills has recommended 10 per cent final stock dividend (i.e. total 20 per cent dividend for the year 2017 inclusive of 10 per cent interim cash dividend which has already been paid) for the year ended on June 30, 2017.