Uttara Bank EGM okays changes in face value, mkt lot
Friday, 29 October 2010
Uttara Bank Limited enhanced the authorised capital from Tk. 3.20 billion to Tk.5.0 billion in its Extra Ordinary General Meeting held at the Bashundhara Convention Center Thursday.
The shareholder also unanimously decided to change the denomination of shares of the bank from the existing Tk. 100/ each to Tk. 10/ each and to change the size of market lot from 5 shares to 25 shares.
Mr. Azharul Islam, Chairman of the Board of Directors of the bank presided over the meeting. Mr. Iftekharul Islam, Vice Chairman of the Board of Directors, Mr. Shamsuddin Ahmed, Managing Director & CEO of UBL and other Directors attended.
The shareholder also unanimously decided to change the denomination of shares of the bank from the existing Tk. 100/ each to Tk. 10/ each and to change the size of market lot from 5 shares to 25 shares.
Mr. Azharul Islam, Chairman of the Board of Directors of the bank presided over the meeting. Mr. Iftekharul Islam, Vice Chairman of the Board of Directors, Mr. Shamsuddin Ahmed, Managing Director & CEO of UBL and other Directors attended.