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The Financial Express

Nine cos to hold AGMs by Mar 31

FE Report | Published: March 18, 2020 11:34:57 | Updated: March 19, 2020 11:19:57


Nine cos to hold AGMs by Mar 31

Nine more listed companies, including four insurers, will hold annual general meetings (AGMs) by March 31, 2020, according to Dhaka Stock Exchange.

Recommended dividends and audited financial statements of these companies for the year ended on June 30, 2019 and December 31, 2019 are expected to be approved at the AGMs, among others.

According to information from the DSE, the AGM of Beach Hatchery will be held on March 29.

The board of directors of the company has recommended no dividend for the year ended on June 30, 2019.

Delta Brac Housing Finance Corporation will also hold AGM on March 29.

The board of directors of the DBH has recommended 20 per cent cash and 15 per cent stock dividend for the year ended on December 31, 2019.

Three companies - Green Delta Insurance, IDLC Finance and Prime Insurance-- will hold AGMs on March 30.

The board of Green Delta Insurance has recommended 15 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2019.

The board of directors of IDLC Finance has recommended 35 per cent cash dividend for the year ended on December 31, 2019.

The board of directors of Prime Insurance has recommended no dividend for the year ended on December 31, 2019.

Four listed companies- Nitol Insurance, RAK Ceramic, Reliance Insurance and IPDC Finance-- will hold AGMs on March 31.

The board of directors of Nitol Insurance has recommended 15 per cent cash dividend for the year ended on December 31, 2019.

The board of RAK Ceramic has recommended 15 per cent cash dividend for the year ended on December 31, 2019.

The board of directors of Reliance Insurance has recommended 25 per cent cash dividend for the year ended on December 31, 2019.

The board of directors of IPDC Finance has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2019.

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