IFIC Bank approves revised rights shares offer


FE Team | Published: October 10, 2019 21:55:36


IFIC Bank approves revised rights shares offer


IFIC Bank Limited held its extra-ordinary general meeting (EGM) at the Officers' Club in the city on Thursday. In presence of a good number of shareholders of the bank, the EGM approved the revised rights shares offer at 1R:4 (one rights share for existing four shares) at Tk 10 per share. Presided over by Vice Chairman of the Board of Directors of the bank Ahmed Shayan Fazlur Rahman, the meeting was attended, among others, by Directors Rabeya Jamali, Jalal Ahmed, ARM Nazmus Sakib and Quamrun Naher Ahmed, and Managing Director & CEO M Shah A Sarwar and Company Secretary Md Mokammel Hoque.
— Statement

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