Pioneer Ins AGM approves 20pc cash dividend
Wednesday, 13 May 2009
13th annual general meeting (AGM) of Pioneer Insurance Company Limited has approved 20 per cent cash dividend for the year that ended on December 31, '08.
The AGM was held in the city Tuesday. Chairman of the company Syed Manzur Elahi presided over the meeting, said a press release.
A large number of shareholders attended the AGM.
Addressing the AGM, the chairman expressed his gratitude to the shareholders for their continuous support to the company.
He also appreciated the leadership qualities of the managing director and continuous hard work of the employees for the success they had achieved.
He also advised them to continue their efforts to become the leading general insurance company in the country.
Among others, directors Mohammed Nasirullah, Alamgir Shamsul Alamin MNH Bulu, Syed Nasim Manzur, Mohammad Wakiluddin, Anjan Chowdhury, Yasmeen Rahman, MA Majed, M Sekandar Ali and Abdul-Muyeed Chowdhury and Managing Director QAFM Serajul Islam were present at the AGM.
Meanwhile, the AGM was told that during 2008 the company had earned a premium income of Tk 665.50 million and net profit of Tk 88.90 million achieving a growth of 73per cent and 26 per cent respectively.
The shareholders present in the meeting appreciated the overall performance of the company, the release added.
The AGM was held in the city Tuesday. Chairman of the company Syed Manzur Elahi presided over the meeting, said a press release.
A large number of shareholders attended the AGM.
Addressing the AGM, the chairman expressed his gratitude to the shareholders for their continuous support to the company.
He also appreciated the leadership qualities of the managing director and continuous hard work of the employees for the success they had achieved.
He also advised them to continue their efforts to become the leading general insurance company in the country.
Among others, directors Mohammed Nasirullah, Alamgir Shamsul Alamin MNH Bulu, Syed Nasim Manzur, Mohammad Wakiluddin, Anjan Chowdhury, Yasmeen Rahman, MA Majed, M Sekandar Ali and Abdul-Muyeed Chowdhury and Managing Director QAFM Serajul Islam were present at the AGM.
Meanwhile, the AGM was told that during 2008 the company had earned a premium income of Tk 665.50 million and net profit of Tk 88.90 million achieving a growth of 73per cent and 26 per cent respectively.
The shareholders present in the meeting appreciated the overall performance of the company, the release added.