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Northern General

Thursday, 3 September 2009


Ins approves 15pc stock dividend
Northern General Insurance Company Limited (NGICL) has approved 15 per cent stock dividend for its shareholders for the year that ended on December 31, 2008, said a press release.
The approval was given at the 13th annual general meeting (AGM) of the company held at Bangabandhu International Conference Centre in the city Wednesday.
Chairman of the board of directors of NGICL Nasiruddin presided over the AGM.
Mr Nasiruddin said that the business of the company had increased significantly during the year 2008. Information technology and online services have been introduced in all the branches of the company.
The shareholders of the company unanimously approved the directors' report and the audited account for the year that ended on December 31, 2008.
NGICL directors Abdul Matin, SM Ayub Ali Chowdhury, Ferdousi Islam, Shahriar Khaled, Faysal Ahmed Patwary and Mohiuddin Ahmed and Managing Director (CC) and Company Secretary Abdul Hamid were present at the meeting.
A large number of shareholders of the company were also present at the AGM.