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Reckitt Benckiser approves 790pc Cash Dividend

The 57th AGM of Reckitt Benckiser (Bangladesh) Ltd. was held on June 25, 2018 at Hotel Peninsula, Chittagong. Said a press release, the company had 10.31% sales growth over 2016. This growth primarily resulted from its power brands – Dettol, Harpic, and Veet. IMG_2744The 57th AGM approved 790% cash dividend for the year 2017. A good number of shareholders attended the AGM. Among others, Managing Director Mr. Vishal Gupta, Independent Director Mr. C.Q.K. Mustaq Ahmed, Director Mr. Syed Tanzim Rezwan, C...

No more contract charges for trading at CSE

The Board of Directors of the Chittagong Stock Exchange Ltd. (CSE) in its meeting held on today (27 June, 2018) decided to remove the Contract Charge from its current fees structure and the CSE LOgoexisting commission charge has been reviewed to a flat 0.023%. The detail of the reviewed fees & charges structure is given below-
  • - No Contract Charges for any trade
  • - Commission Charges for normal trade – 0.023%
  • - Commission Charges for Bulk & Foreign trade (above 50 lakhs in a single ...

BD Finance declares 10pc stock dividend

The 19th Annual General Meeting (AGM) of Bangladesh Finance And Investment Company Ltd. (BD finance) has teken place on Thursday, 7th June 2018 at BCIC auditorium, Dhaka. Mr Manwar Hossain Chairman, BD Finance presided over the meeting. In the Meeting The Company has declared 10% Stock dividend to its shareholders for the year ended 2017. The meeting was attended, among others, by Director Mr. Geasuddin Ahmed, Mr. khondker BD FinanceFazle Rashid, Mr. Yousuf Aman, Mr. Haider Ahmed Khan, FCA, Mr. An...

AIBL approves 15pc cash, 5pc stock dividend

Al-Arafah Islami Bank Ltd. has approved 15% Cash and 5% Stock Dividend for the year ended on 31st December 2017 in its 23rd Annual General Meeting (AGM) held on 24 May, 2018 at Al-Arafah Tower, Purana Paltan, Dhaka. The meeting was presided over by Alhajj Abdus Samad Labu, Chairman, Board of Directors of the Bank. Vice Chairman Alhajj Abdus Salam, Directors Alhaj Hafez Md. Enayetullah, Alhajj Salim Rahman, Mohammed Emadur Rahman, Md. Amir Uddin PPM, Alhajj Nazmul Ahsan Khaled, 20180524_aibl_23n... </div><!-- .entry-content --> </article><!-- #post-## --> <div class=

DSE, CSE agreed to form new Clearing House

CSE and DSE Board had a joint meeting on today 16 May, 2018 at DSE premises to finalize the formation of CCBL. It is decided that the new company of CCBL (Center Counterparty Bangladesh Limited) will be formed within one week with 45% shares of DSE (Dhaka Stock Exchange Ltd.), 20% shares of CSE (Chittagong Stock Exchange Ltd.), 15% shares for Banks, 10% pic-16 May 18stake for CDBL (Central Depository Bangladesh td.) and rest 10 % shares for Strategic Investor. The issue is approved unanimously with the consent of al...

Premier Bank okays 15pc Stock Dividend

The Premier Bank Limited, one of the renowned and established private commercial banks in Bangladesh, has declared 15% dividend for their shareholders. In the Annual General Meeting held in International Convention City, hall – 2 (Pushpogusso), this dividend has been declared. Honourable Chairman of the Bank Dr. H. B. M. Iqbal was present along with his board of directors and shareholders. As the president of the ceremony, Dr. H. B. M. Iqbal, thehonorable Chairman of the Bank informed the shareholders that during the year 2017 the Bank earned operating profit of
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