Bank Asia approves 25pc stock dividend
FE Report | Monday, 2 June 2008
Bank Asia Limited (BAL) approved 25 per cent stock dividend for its shareholders for the year 2007.
This was approved at the ninth annual general meeting (AGM) of the bank at the Bashundhara City grand hall in the city Sunday.
Chaired by BAL Chairman M Syeduzzaman, the meeting was attended, among others, by vice-chairmen A Rouf Chowdhury and Arifur Rahman Sinha, directors Farhana Huq Chowdhury, Shameem Chowdhury and Shafique Uddin, and President and Managing Director Syed Anisul Huq.
A large number of shareholders took part in the meeting.
The paid-up capital of the bank would increase to Tk 1.74 billion and total equity to Tk 2.58 billion.
In the meeting, an in-depth discussion took place on different aspects of the operational performance of the bank.
The speakers made valuable suggestions for expanding and improving the activities of the bank.
The members of the board and the management received appreciation from the shareholders for maintaining sustainable, strong and steady growth of the bank in every area of operations.
Anisur Rahman Sinha, Mohammad Irfan Syed and Romo Rouf Chowdhury were elected directors of the bank in the meeting.
This was approved at the ninth annual general meeting (AGM) of the bank at the Bashundhara City grand hall in the city Sunday.
Chaired by BAL Chairman M Syeduzzaman, the meeting was attended, among others, by vice-chairmen A Rouf Chowdhury and Arifur Rahman Sinha, directors Farhana Huq Chowdhury, Shameem Chowdhury and Shafique Uddin, and President and Managing Director Syed Anisul Huq.
A large number of shareholders took part in the meeting.
The paid-up capital of the bank would increase to Tk 1.74 billion and total equity to Tk 2.58 billion.
In the meeting, an in-depth discussion took place on different aspects of the operational performance of the bank.
The speakers made valuable suggestions for expanding and improving the activities of the bank.
The members of the board and the management received appreciation from the shareholders for maintaining sustainable, strong and steady growth of the bank in every area of operations.
Anisur Rahman Sinha, Mohammad Irfan Syed and Romo Rouf Chowdhury were elected directors of the bank in the meeting.