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Pubali Bank Ltd recommends 30pc stock dividend

Monday, 30 March 2009


FE Report
The 703rd meeting of the board of directors of Pubali Bank Limited was held at its head office in the city recently.
Chairman of the bank Hafiz Ahmed Majumder presided over the meeting, says a press release.
The board approved the Balance Sheet as on December 31, 2008.
It also recommended 30 per cent stock dividend (three bonus shares for every ten ordinary shares) for the same year.
It further decided that the bank's 26th annual general meeting (AGM) will be held at 11:00am on May 14, 2009 (Thursday) at its head office.
Pubali Bank directors Moniruddin Ahmed, Sheikh Wahidur Rahman, Monzurur Rahman, Syed Moazzem Hussain, Ahmed Shafi Chowdhury, Habibur Rahman, Fahim Ahmed Faruk Chowdhury, Rumana Sharif, M Faizur Rahman and Alternative Director Kabiruzzaman Yakub, Managing Director Helal Ahmed Chowdhury, General Manager and Chief Financial Officer (CFO) Saeed Ahmed and Company Secretary AFM Asaduzzaman were also present at the meeting.