Mohammad Muslim Chowdhury, Chairman of BIFFL and secretary in charge to the Finance Division, presiding over the 7th AGM of BIFFL Bangladesh Infrastructure Finance Fund Limited (BIFFL) held its 7th Annual General Meeting (AGM) recently, says a statement.
In the meeting, the shareholders approved the Audited Financial Statement for the FY2017 and declared the stock dividend of Tk 490 million (49.00 crore) in the form of bonus shares leading the company's paid-up capital to Tk 21.08 billion (2,108.00 crore), and cash dividend of Tk 150 million (15.00 crore) in favour of the government of Bangladesh against its shareholding, represented by the Finance Division, Ministry of Finance.
Established in 2011, BIFFL finances PPP projects, other infrastructure as well as environment-friendly and energy efficient projects for sustainable infrastructure development of the country. It has already financed Tk 17.16 billion (1716.27 crore) in Power, Economic Zones, Tourism & Hospitality Management, Health and Environment Friendly projects.
Mohammad Muslim Chowdhury, Chairman of BIFFL and secretary in charge to the Finance Division, presided over the 7th AGM of BIFFL.
Other directors and shareholders, Khandker Anwarul Islam, Senior Secretary, Bridges Division, Nazimuddin Chowdhury, Secretary, Energy and Mineral Resources Division; Dr. Ahmad Kaikaus, Secretary, Power Division, Md. Nazrul Islam, Secretary, Road Transport and Highways Division, Kazi Shofiqul Azam, Secretary, Economic Relations Division, Sajjadul Hassan, Secretary in charge, PMO, S.M. Formanul Islam, Executive Director and CEO of BIFFL, Mohammad Khan FCS, company secretary, and other officials along with the external auditors of the company were present at the meeting.
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