Pubali Bank okays 30 per cent stock, 5 per cent cash dividend
Friday, 7 May 2010
FE Report
Pubali Bank Limited approved 30 per cent stock dividend & 5 per cent cash dividend for its shareholders for the year ended December 31, 2009.
The approval came at the 27th Annual General Meeting (AGM) of the bank held Thursday.
Hafiz Ahmed Mazumder MP, Chairman presided over the meeting.
The 4th Extra-Ordinary General Meeting (EGM) of the bank also took place on the day.
The EGM approved the Bank's proposal to increase the authorized capital from Tk. 5.0 billion to Tk 10 billion.
The Shareholders unanimously approved to create 2(two) posts of Vice-Chairman for the Board of Directors of the Bank & amendment of Articles of Association of the Bank in this regard.
Pubali Bank Limited approved 30 per cent stock dividend & 5 per cent cash dividend for its shareholders for the year ended December 31, 2009.
The approval came at the 27th Annual General Meeting (AGM) of the bank held Thursday.
Hafiz Ahmed Mazumder MP, Chairman presided over the meeting.
The 4th Extra-Ordinary General Meeting (EGM) of the bank also took place on the day.
The EGM approved the Bank's proposal to increase the authorized capital from Tk. 5.0 billion to Tk 10 billion.
The Shareholders unanimously approved to create 2(two) posts of Vice-Chairman for the Board of Directors of the Bank & amendment of Articles of Association of the Bank in this regard.