Asia Ins approves 25pc stock, 25pc cash dividends
Tuesday, 10 May 2011
FE Report
Asia Insurance Limited has approved 25 per cent stock and 25 per cent cash dividends for the year that ended on December 31, 2010 in its 11th annual general meeting (AGM) held in the city recently. The meeting was presided over by the company's chairman and former FBCCI president Yussuf Abdullah Harun. The company stated that in 2010 it earned a gross premium of Tk 293 million and profit before tax was Tk 220.2 million. Total assets of the company at the end of the year that ended on December 31, 2010 stood at Tk 920.5 million, according to a press release. The meeting reelected three directors from group 'A' shareholders. They are Yussuf Abdullah Harun, Khaleda Begum and Farzana Afroze. The meeting also elected three directors from group 'B' shareholders. They are Dr Zaidi Sattar of Southeast Bank Ltd, Tarik Sujat of Bay Leasing & Investment Limited and Mohammad Ali Khokon, Chairman of Maksons Group.
Asia Insurance Limited has approved 25 per cent stock and 25 per cent cash dividends for the year that ended on December 31, 2010 in its 11th annual general meeting (AGM) held in the city recently. The meeting was presided over by the company's chairman and former FBCCI president Yussuf Abdullah Harun. The company stated that in 2010 it earned a gross premium of Tk 293 million and profit before tax was Tk 220.2 million. Total assets of the company at the end of the year that ended on December 31, 2010 stood at Tk 920.5 million, according to a press release. The meeting reelected three directors from group 'A' shareholders. They are Yussuf Abdullah Harun, Khaleda Begum and Farzana Afroze. The meeting also elected three directors from group 'B' shareholders. They are Dr Zaidi Sattar of Southeast Bank Ltd, Tarik Sujat of Bay Leasing & Investment Limited and Mohammad Ali Khokon, Chairman of Maksons Group.