People's Leasing approves 38.50pc stock dividend
Monday, 21 June 2010
People's Leasing and Financial Services Limited (PLFSL) has approved a 38.50 per cent stock dividend (38.5 shares for existing 100 shares) for its shareholders for the year 2009.
The approval was given at the 14th annual general meeting (AGM) of the company at Army Golf Club in the city recently, according to a press release.
Chairman of the board of directors of the company Motiur Rahman presided over the meeting.
PLFSL directors, a large number of shareholders of the company attended the AGM.
Managing Director of the company said the company achieved an operating revenue, which increased by 49 per cent over the previous year that ended on December 31, 2009 and in absolute terms the company achieved a business volume of Tk 2,590 million in 2009 compared to Tk 1,750 million in 2008.
The paid up capital of the company stood at Tk 998.13 million, which is the highest amongst the financial institutions, he said.
The approval was given at the 14th annual general meeting (AGM) of the company at Army Golf Club in the city recently, according to a press release.
Chairman of the board of directors of the company Motiur Rahman presided over the meeting.
PLFSL directors, a large number of shareholders of the company attended the AGM.
Managing Director of the company said the company achieved an operating revenue, which increased by 49 per cent over the previous year that ended on December 31, 2009 and in absolute terms the company achieved a business volume of Tk 2,590 million in 2009 compared to Tk 1,750 million in 2008.
The paid up capital of the company stood at Tk 998.13 million, which is the highest amongst the financial institutions, he said.