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Bangladesh Export Import Co declares 15pc stock dividend

FE Report | Thursday, 28 August 2008


Bangladesh Export Import Co Ltd declared a 15-per cent stock dividend (bonus share) for the year 2007 in its 35th annual general meeting (AGM) held at Shahbag in the city Tuesday.

The company earned a gross profit and net profit of Tk 577.23 million and Tk 185.63 million respectively for the year 2007.

Earlier, the shareholders and the creditors of the company in a meeting held on the same day unanimously approved the draft scheme of amalgamation of Shinepukur Holdings Ltd and Beximco Fisheries Ltd (transferee companies) with Bangladesh Export Import Co Ltd (transferee company) pursuant to section 228 read with section 229 of the Companies Act, 1994,

The meeting was presided over by OK Chowdhury, director of the company.

MA Qasem, Dr Abdul Alim Khan and AB Siddikur Rahman, directors, and Md Asad Ullah, company secretary, attended the meeting.