FE Report
Some 36 listed companies, including 12 banks, will hold annual general meetings (AGMs) during the period from June 20 to June 30.
Recommended dividends and audited financial statements of these companies for the year ended on December 31, 2017 are expected to be approved at the AGMs.
According to information from the Dhaka Stock Exchange (DSE), the AGM of FAS Finance and Investment will be held on June 20.
The board of directors of the company earlier recommended 10 per cent stock dividend for the year ended on December 31, 2017.
The AGM of Northern General Insurance will be held on June 21. The company already recommended 10 per cent cash dividend.
Bata Shoe will also hold its AGM on June 21. The multinational company recommended a total of 335 per cent cash dividend.
The AGM of Delta Life Insurance will be held on June 21. The company recommended 25 per cent cash dividend for the year ended on December 31, 2017.
Trust Bank will hold AGM on June 23. The board of directors of the bank recommended 20 per cent cash dividend for the year ended on December 31, 2017.
The AGM of IFIC Bank will be held on June 24. The bank recommended 12 per cent stock dividend.
Federal Insurance will hold AGM on June 24. The company has recommended 5.0 per cent stock dividend.
The AGM of Jamuna Bank will be held on June 24. The bank recommended 22 per cent stock dividend for the year ended on December 31, 2017.
Asia Pacific Insurance will hold AGM on June 24. The company recommended 15 per cent cash dividend.
The AGM of Bangladesh National Insurance will be held on June 25. The company recommended 10 per cent cash dividend for the year ended on December 31, 2017.
Five more companies - Bangladesh General Insurance Company, Islami Bank, Dhaka Insurance, Reckitt Benckiser (BD) and Central Insurance - will also hold their AGMs on June 25.
Bangladesh General Insurance recommended 10 per cent cash dividend, Islami Bank recommended 10 per cent cash dividend, Dhaka Insurance recommended 12.50 per cent cash dividend, Reckitt Benckiser recommended a total of 790 per cent cash dividend and Central Insurance recommended 12 per cent cash dividend for the year ended on December 31, 2017.
The AGM of First Security Islami Bank will be held on June 26. The bank recommended 10 per cent stock dividend for the year ended on December 31, 2017.
The AGM of Standard Insurance will be held on June 26. The insurer recommended 10 per cent stock dividend for the year ended December 31, 2017.
The AGM of Rupali Bank will be held on June 26. The bank recommended 24 per cent stock dividend for the year ended December 31, 2017.
The Social Islami Bank will be held on June 27. The board of directors of the bank recommended 10 per cent stock dividend.
Five more companies - Exim Bank, Karnaphuli Insurance, Continental Insurance, Phoenix Insurance and Pioneer Insurance - will also hold AGMs on June 27.
The AGM of Dhaka Bank will be held on June 28. The bank recommended 12.50 per cent stock dividend for the year ended December 31, 2017.
Eight more companies - Agrani Insurance, Union Capital, Eastland Insurance, Prime Finance, Midas Financing, International Leasing, Phoenix Finance and City Bank - will also hold AGMs on June 28.
Mercantile Insurance will hold AGM on June 30. The company recommended 10 per cent cash dividend.
The AGM of Southeast Bank will be held on June 30. The board of directors of the bank recommended 15 per cent stock dividend for the year ended on December 31, 2017.
Eastern Cables will also hold AGM on June 30. The company recommended 10 per cent cash dividend for the year ended on December 31, 2017.
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