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The Financial Express

IPDC Finance declares 10pc cash, 5.0pc stock dividend

FE DESK REPORT | Published: May 12, 2020 09:51:10 | Updated: May 14, 2020 10:06:48


IPDC Finance declares 10pc cash, 5.0pc stock dividend

The 38th Annual General Meeting (AGM) of IPDC Finance Ltd was virtually held on Monday through a video conferencing. The company declared 10 per cent cash and 5.0 per cent stock dividend for the year of 2019, as approved by the shareholders, said a statement.

The meeting was presided over by Md. Abdul Karim, Chairman of IPDC Finance Ltd. The attendees included other directors who were nominated by BRAC, Ayesha Abed Foundation, RSA Capital Limited, Bluechip Securities Limited and Government of the Peoples' Republic of Bangladesh.

Among others, the meeting was also attended by Mominul Islam, Managing Director and CEO, Samiul Hashim, Company Secretary, Fahmida Khan, Chief Financial Officer, and other senior officials of the management committee of IPDC Finance Ltd.

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