UICL declares 20pc stock, 10pc cash dividends
Thursday, 29 April 2010
The 25th annual general meeting (AGM) of the United Insurance Company Limited (UICL) was held at the Bangabandhu International Conference Centre in the city recently, said a press.
During 2009, the company's pre-tax profit was Tk 74.26 million. As on 31st December 2009, the total assets of the company stood at Tk 726 million against Tk 771.30 million as on 31st December 2008.
For the 2009 the company declared a stock dividend of 20pc and a cash dividend of 10pc thus raising the paid-up capital of the company to Tk 300 million from Tk 250 million.
The AGM was well attended and presided over by M Moyeedul Islam, chairman of the company. The shareholders who attended the AGM expressed their satisfaction on the company's overall performance.
During 2009, the company's pre-tax profit was Tk 74.26 million. As on 31st December 2009, the total assets of the company stood at Tk 726 million against Tk 771.30 million as on 31st December 2008.
For the 2009 the company declared a stock dividend of 20pc and a cash dividend of 10pc thus raising the paid-up capital of the company to Tk 300 million from Tk 250 million.
The AGM was well attended and presided over by M Moyeedul Islam, chairman of the company. The shareholders who attended the AGM expressed their satisfaction on the company's overall performance.