Kay & Que approves 10pc stock dividend
FE Report | Monday, 23 June 2008
Kay & Que (Bangladesh) Limited approved 10 per cent stock dividend for its shareholders for the year 2007.
The approval came at the 24th annual general meeting (AGM) of the company at the Bashundhara City seminar hall in the city.
Chaired by Kay & Que (Bangladesh) Limited Managing Director Tabith M Awal, the meeting was attended, among others, by Adviser Abdur Rob, directors AKM Rafiqul Islam, Tafsir M Awal, MA Motalib Chowdhury and Md Nuruzzaman and Company Secretary MM Jahangir.
A good number of shareholders took part in the meeting.
Participating in the discussion on the performance and expansion plan in the field of CNG filling station, pesticide business, green bricks, oil and gas related business of the company, they gave suggestions, in the operation and future planning of the company.
Despite the increased price of imported raw materials in the global market, the company earned Tk16.2 million (1.62 crore) gross profit and Tk 0.607 million net profit for the year 2007.
The members approved the financial statements of the company and 10 per cent stock dividend as recommended by the board.
Prior to the AGM, an extraordinary general meeting (EGM) was also held at the same venue on the day and adopted some amendments of Memorandum and Articles of Association of the company.
The approval came at the 24th annual general meeting (AGM) of the company at the Bashundhara City seminar hall in the city.
Chaired by Kay & Que (Bangladesh) Limited Managing Director Tabith M Awal, the meeting was attended, among others, by Adviser Abdur Rob, directors AKM Rafiqul Islam, Tafsir M Awal, MA Motalib Chowdhury and Md Nuruzzaman and Company Secretary MM Jahangir.
A good number of shareholders took part in the meeting.
Participating in the discussion on the performance and expansion plan in the field of CNG filling station, pesticide business, green bricks, oil and gas related business of the company, they gave suggestions, in the operation and future planning of the company.
Despite the increased price of imported raw materials in the global market, the company earned Tk16.2 million (1.62 crore) gross profit and Tk 0.607 million net profit for the year 2007.
The members approved the financial statements of the company and 10 per cent stock dividend as recommended by the board.
Prior to the AGM, an extraordinary general meeting (EGM) was also held at the same venue on the day and adopted some amendments of Memorandum and Articles of Association of the company.