Global Insurance approves 5pc dividend

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Global Insurance Limited Chairman Mahabub Morshed Talukder presiding over the 7th AGM of the company in the city recently.

FE Report
Global Insurance Limited approved 5.0 per cent dividend for its shareholders for the year 2006 at the 7th annual general meeting (AGM) of the company.
Chairman of the company Mahabub Morshed Talukder presided over the AGM in the city recently.
The company earned a net premium of Tk 19.91 million in 2006. The shareholders expressed their deep satisfaction over the performance confronting an extremely adverse situation and unhealthy competition.
The directors' report as well as audited accounts of the company for the year that ended on December 31 was placed in the AGM and adopted.
Managing Director ABM Nurul Haq, in his welcome address, informed the shareholders that in spite of various obstacles in the market, the company earned a handsome premium income.
Vice chairman, chairman of the claims committee, chairman of the audit committee, directors, company secretary and shareholders were present on the occasion.