logo

Berger AGM approves 110pc cash dividend

FE Report | Monday, 9 June 2008


Berger Paints Bangladesh Limited, during its annual general meeting (AGM), declared 110 per cent cash dividend for the shareholders for the year 2007.

Berger Chairman Gerald K Adams presided over the AGM and presented the Directors' Report, Auditors' Report and audited financial statements for the year 2007 before the shareholders.

Managing Director Rupali Chowdhury replied to various questions of the shareholders at the AGM held at the BDR Darbar Hall in the city Sunday.

The AGM was told that amid intense competition among the existing paint manufacturers, Berger continued to maintain its growth both in terms of business volume and profitability.

Directors KR Das, Masih Ul Karim, Anil Bhalla, Subir Bose, Jean Claude Loutreuil and Abdul Khalek also attended the meeting.