Central Insurance approves 10pc stock dividend
Tuesday, 1 July 2008
Central Insurance Company Limited (CICL) approved 10 per cent stock dividend and 1:5 rights share at par for its shareholders for the year 2007.
The approval came at the 20th annual general meeting (AGM) of the company at the Officers' Club in the city Sunday, said a press release.
CICL board of directors Chairman Md Nurun Newas presided over the meeting.
Also present at the meeting were CICL directors Md Golam Kibria, Md Tayabur Rahman, Mohammad Masud Hossain, Md Abdul Maleque, Md Abu Taher Chowdhury, Mohammed Musa, Abu Mohammad, Tayeeba Alam, Hosne Ara Begum and Shahena Islam, former chairmen Md Nurul Islam, former director Showkat Alam, Adviser Azizul Haque Chowdhury, Managing Director (CC) Md Zahid Anwar Khan, Consultant Tasiruddin Ahmed and Company Secretary Mirza Md Alauddin.
The meeting approved the company's accounts for the year 2007.
The company earned gross premium income of Tk 166.13 million during the year 2007, which was 14.35 per cent higher than that of the previous year.
The profit before tax was Tk 30.31 million against Tk 27.95 million of the previous year.
The approval came at the 20th annual general meeting (AGM) of the company at the Officers' Club in the city Sunday, said a press release.
CICL board of directors Chairman Md Nurun Newas presided over the meeting.
Also present at the meeting were CICL directors Md Golam Kibria, Md Tayabur Rahman, Mohammad Masud Hossain, Md Abdul Maleque, Md Abu Taher Chowdhury, Mohammed Musa, Abu Mohammad, Tayeeba Alam, Hosne Ara Begum and Shahena Islam, former chairmen Md Nurul Islam, former director Showkat Alam, Adviser Azizul Haque Chowdhury, Managing Director (CC) Md Zahid Anwar Khan, Consultant Tasiruddin Ahmed and Company Secretary Mirza Md Alauddin.
The meeting approved the company's accounts for the year 2007.
The company earned gross premium income of Tk 166.13 million during the year 2007, which was 14.35 per cent higher than that of the previous year.
The profit before tax was Tk 30.31 million against Tk 27.95 million of the previous year.