National Housing Finance approves 17.50pc stock dividend
Saturday, 30 June 2007
The 8th annual general meeting of the National Housing Finance and Investments Limited was held at a city hotel recently, said a press release.
Chairman of the company M Haider Chowdhury presided over the meeting.
National Housing commenced its operation with a paid-up capital of Tk 400 million in 1999. The company earned an operating profit of Tk 128.11 million in the year 2006 against operating profit of Tk 118.57 million in the previous year.
The AGM approved 17.50 per cent stock dividend for the year 2006.
The meeting was attended by the representatives of all 20 corporate shareholders of National Housing Finance, viz, IFIC Bank, National Bank, United Commercial Bank, IPDC, Eastern Insurance, Eastland Insurance, Jiban Bima Corporation, National Life Insurance, Pragati Insurance, Reliance Insurance. Sadharan Bima Corporation, Bangladesh Lamps, Borak Travels, HRC. Shaw Wallace, Square Pharmaceuticals, Summit Industrial and Mercantile Corporation (Pvt) Ltd, Unicorn Equities and Investors Forum from the UK and Zambia.
Chairman of the company M Haider Chowdhury presided over the meeting.
National Housing commenced its operation with a paid-up capital of Tk 400 million in 1999. The company earned an operating profit of Tk 128.11 million in the year 2006 against operating profit of Tk 118.57 million in the previous year.
The AGM approved 17.50 per cent stock dividend for the year 2006.
The meeting was attended by the representatives of all 20 corporate shareholders of National Housing Finance, viz, IFIC Bank, National Bank, United Commercial Bank, IPDC, Eastern Insurance, Eastland Insurance, Jiban Bima Corporation, National Life Insurance, Pragati Insurance, Reliance Insurance. Sadharan Bima Corporation, Bangladesh Lamps, Borak Travels, HRC. Shaw Wallace, Square Pharmaceuticals, Summit Industrial and Mercantile Corporation (Pvt) Ltd, Unicorn Equities and Investors Forum from the UK and Zambia.