Two cos to be placed in \\\'A\\\' category

FE Report | January 02, 2015 00:00:00

Two listed companies -- Ratanpur Steel re-Rolling Mills Ltd (RSRM) and Northern Jute Manufacturing Company-- will be placed in 'A' category from existing 'N' and 'Z' category respectively, according to Dhaka Stock Exchange (DSE) web post on Thursday.

RSRM will be placed in 'A' category from existing 'N' category with effect from Monday (January 05, 2015) as the company has reported disbursement of 5.0 per cent cash dividend and 20 per cent stock dividend for the year ended on June 30, 2014, said a DSE web post.

Meanwhile, Nothern Jute Manufacturing Company will be placed in 'A' category from existing 'Z' category with effect from Monday (January 05, 2015) as the company has reported disbursement of 5.0 per cent cash dividend and 5.0 per cent stock dividend for the year ended on June 30, 2014, said another DSE web post.

babulfexpress@gmail.com