IFIL approves 12.5pc cash dividend for '06
Monday, 11 June 2007
FE Report
Islamic Finance and Investment Limited (IFIL) has approved 12.50 per cent cash dividend for its shareholders for the year 2006.
The dividend was approved in the company's 6th annual general meeting (AGM), held in the city recently, with IFIL board of directors Chairman Anwar Hossain Chowdhury in the chair.
IFIL chairman, in his speech on the occasion said, the company's investment rose to over Tk 1.89 billion (189.51 crore) at the end of 2006, which showed a 16 per cent growth. Besides, IFIL earned a pre-tax profit of Tk 55 millon (5.50 crore) in 2006.
As per articles of the company, four directors retired in the AGM. Among them, Anis Salahuddin Ahmad and Shibbir Mahmud were re-elected, whereas SM Bakhtiar Alam and Md Shamsuzzaman were elected directors.
The meeting also adopted the audited financial statements of the company for the period ended on December 31, 2006.
IFIL vice-chairmen Rezakul Haider and Anis Salahuddin Ahmad, Managing Director Md Rabiul Islam, directors, sponsors and auditor of the company were also present in the meeting.
Islamic Finance and Investment Limited (IFIL) has approved 12.50 per cent cash dividend for its shareholders for the year 2006.
The dividend was approved in the company's 6th annual general meeting (AGM), held in the city recently, with IFIL board of directors Chairman Anwar Hossain Chowdhury in the chair.
IFIL chairman, in his speech on the occasion said, the company's investment rose to over Tk 1.89 billion (189.51 crore) at the end of 2006, which showed a 16 per cent growth. Besides, IFIL earned a pre-tax profit of Tk 55 millon (5.50 crore) in 2006.
As per articles of the company, four directors retired in the AGM. Among them, Anis Salahuddin Ahmad and Shibbir Mahmud were re-elected, whereas SM Bakhtiar Alam and Md Shamsuzzaman were elected directors.
The meeting also adopted the audited financial statements of the company for the period ended on December 31, 2006.
IFIL vice-chairmen Rezakul Haider and Anis Salahuddin Ahmad, Managing Director Md Rabiul Islam, directors, sponsors and auditor of the company were also present in the meeting.