Pioneer Ins approves 20pc cash dividend
Friday, 29 June 2007
FE Report
Pioneer Insurance Co Ltd (PICL) has approved 20 per cent cash dividend for the year ended on December 31, 2006.
The dividend was approved in the company's 11th Annual General Meeting (AGM), held in the city Thursday.
PICL Director Syed Manzur Elahi presided over the AGM. Among others, the company's directors M Anis Ud Dowla, Mohammed Nasirullah, Syed Nasim Manzur, MNH Bulu, Silvana Sikder, Yasmeen Rahman, Arif Dowla and MA Majed, Managing Director QAFM Serajul Islam and Chief Adviser RN Das were also present in the meeting.
In 2006, the company earned premium income of Tk 301.1 million (30.11 crore), and net profit of Tk 56.4 million, which was 12.22 per cent higher than the previous year.
The shareholders present in the meeting expressed their satisfaction on overall performance of the company.
Pioneer Insurance Co Ltd (PICL) has approved 20 per cent cash dividend for the year ended on December 31, 2006.
The dividend was approved in the company's 11th Annual General Meeting (AGM), held in the city Thursday.
PICL Director Syed Manzur Elahi presided over the AGM. Among others, the company's directors M Anis Ud Dowla, Mohammed Nasirullah, Syed Nasim Manzur, MNH Bulu, Silvana Sikder, Yasmeen Rahman, Arif Dowla and MA Majed, Managing Director QAFM Serajul Islam and Chief Adviser RN Das were also present in the meeting.
In 2006, the company earned premium income of Tk 301.1 million (30.11 crore), and net profit of Tk 56.4 million, which was 12.22 per cent higher than the previous year.
The shareholders present in the meeting expressed their satisfaction on overall performance of the company.