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Thirty five cos to hold AGMs by June 30

FE Online Report | Published: June 16, 2018 11:05:25 | Updated: June 17, 2018 19:33:00


Some 35 listed companies, including 12 banks, will hold Annual General Meetings (AGMs) during the period of June 20 to June 30 this year.

The recommended dividends and audited financial statements of these companies for the year ended on December 31, 2017 are expected to be approved at their respective AGM.

According to information from the Dhaka Stock Exchange (DSE), the AGM of FAS Finance and Investment will be held on June 20.

The board of directors of the company has recommended 10 per cent stock dividend for the year ended on December 31, 2017.

The AGM of Northern General Insurance will be held on June 21. The board of directors of the company has recommended 10 per cent cash dividend for the year ended on December 31, 2017.

Bata Shoe will also hold AGM on June 21. The board of directors of the multinational company has recommended total 335 per cent cash dividend for the year ended on December 31, 2017.

The AGM of Delta Life Insurance will be held on June 21. The board of directors of the company has recommended 25 per cent cash dividend for the year ended December 31, 2017.

Trust Bank will hold AGM on June 23. The board of directors of the bank has recommended 20 per cent cash dividend for the year ended on December 31, 2017.

The AGM of IFIC Bank will be held on June 24. The board of directors of the bank has recommended 12 per cent stock dividend for the year ended December 31, 2017.

Federal Insurance will hold AGM on June 24. The board of directors of the company has recommended 5.0 per cent stock dividend for the year ended on December 31, 2017.

The AGM of Jamuna Bank will be held on June 24. The board of directors of the bank has recommended 22 per cent stock dividend for the year ended December 31, 2017.

Asia Pacific Insurance will hold AGM on June 24. The board of directors of the company has recommended 15 per cent cash dividend for the year ended December 31, 2017.

The AGM of Bangladesh National Insurance will be held on June 25. The board of directors of the bank has recommended 10 per cent cash dividend for the year ended December 31, 2017.

Five more companies – Bangladesh General Insurance Company, Islami Bank, Dhaka Insurance, Reckitt Benckiser (BD) and Central Insurance - will also hold AGMs on June 25.

The board of directors of Bangladesh General Insurance Company has recommended 10 per cent cash dividend, Islami Bank recommended 10 per cent cash dividend, Dhaka Insurance recommended 12.50 per cent cash dividend, Reckitt Benckiser (BD) recommended total 790 per cent cash dividend and Central Insurance recommended 12 per cent cash dividend for the year ended on December 31, 2017.

The board of First Security Islami Bank will be held on June 26. The board of directors of the company has recommended 10 per cent stock dividend for the year ended December 31, 2017.

The AGM of Standard Insurance will be held on June 26. The board of directors of the company has recommended 10 per cent stock dividend for the year ended December 31, 2017.

The AGM of Rupali Bank will be held on June 26. The board of directors of the bank has recommended 24 per cent stock dividend for the year ended December 31, 2017.

The Social Islami Bank will be held on June 27. The board of directors of the bank has recommended 10 per cent stock dividend for the year ended December 31, 2017.

Five more companies – Exim Bank, Karnaphuli Insurance, Continental Insurance, Phoenix Insurance and Pioneer Insurance - will also hold AGMs on June 27.

The AGM of Dhaka Bank will be held on June 28. The board of directors of the bank has recommended 12.50 per cent stock dividend for the year ended December 31, 2017.

Eight more companies – Agrani Insurance, Union Capital, Eastland Insurance, Prime Finance, Midas Financing, International Leasing, Phoenix Finance and City Bank - will also hold AGMs on June 28.

Mercantile Insurance will hold AGM on June 30. The board of directors of the company has recommended 10 per cent cash dividend for the year ended December 31, 2017.

The AGM of Southeast Bank will be held on June 30. The board of directors of the bank has recommended 15 per cent stock dividend for the year ended December 31, 2017.

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