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Phoenix Finance approves 30pc stock dividend, 20pc right shares

Thursday, 10 June 2010


FE Report
Phoenix Finance and Investments Limited has approved a 30 per cent stock dividend and 20 per cent right shares (one right share for every five existing share (1R : 5) at Tk 200 each including a premium of Tk 100 each) for its shareholders for the year that ended on December 31, 2009.
The approval was given at the 15th annual general meeting (AGM) of the company at the Bangabandhu International Conference Centre in the city Wednesday.
Chairman of the board of directors of the company Deen Mohammad presided over the meeting, according to a press release.
Phoenix Finance Vice Chairperson Evana Fahmida Mohammad, directors Rafiqul Islam Khan, MA Majid, Selina Aktar, A Quader Chowdhury, Mobarak Ali and Mazharul Haque, Managing Director SM Intekhab Alam, Deputy Managing Director Shah Alam and Company Secretary Mohammad Sayduzzaman were also present on the occasion.