Phoenix Finance approves 20pc cash dividend

FE Online Desk | Published: July 03, 2018 14:01:18 | Updated: July 04, 2018 11:30:29

The board of directors of Phoenix Finance and Investment Limited has approved 20 per cent cash dividend for the year ended on December 31, 2017.

The approval of the dividend came during the 23^rd Annual General Meeting (AGM) of the company held on Thursday last at ‘Muktijuddho Smrity Milonayaton’ of the Institution of Diploma Engineers, Bangladesh in the capital.

Ms Evana Fahmida Mohammad, the Chairman of the Company presided over the meeting attended by a large number of the shareholders, according to a press statement.

Mr Mobarak Ali, Ms Selina Akhter, Mr Azizur Rahman, Mr Dost Mohammad, Mr Rakibul Islam Khan, Directors of the organisation, Ms Nasreen Ali, Independent Director and Mr S M Intekhab Alam, Managing Director of the company were present at the function.

Dr M Shah Alam, Deputy Managing Director and Mr Mohammad Sayduzzaman, FCA, FCS, SEVP, Head of Investment and Company Secretary along with other Executives also attended the AGM.

The shareholders attending the meeting unanimously approved all the agendas and expressed deep satisfaction over the performance of the company and the approval of 20 per cent cash dividend.