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4th AGM of NRBCBank held

The 4th AGM of NRBC Bank (NRB Commercial Bank Limited) was held on Monday, April 23, 2017, at a local Hotel in Dhaka. Engr. Farasath Ali, Chairman of the Bank, presided over the meeting. The shareholders approved 12% AGM photo 2017dividend for the year and financial statements for the year ended on 31st December 2016. Among others, the meeting was attended by Dr. Toufique Rahman Chowdhury, Vice Chairman of the bank; Mr. Mohammed Manzurul Islam, Chairman, Executive Committee, Dr. Nuran N...

44th AGM of BAT Bangladesh held

The 44th Annual General Meeting of British American Tobacco Bangladesh Company Limited was held at the Pan Pacific Sonargaon Hotel in Dhaka on Wednesday, (19 April 2016) with Mr. Golam Mainuddin, Chairman, British American Tobacco Bangladesh, in the chair. A large number of shareholders attended the meeting and unanimously passed the Accounts Photofor the year ended 31 December 2016, Directors’ Report and the Auditor’s Report. The shareholders also approved the proposed dividend of Tk 60 per share. In 2016, the Com...

10pc cash dividend for IBBL shareholders

The Board of Directors of Islami Bank Bangladesh Limited recommended 10% cash dividend for the shareholders for the year 2016 subject to approval of the 34rd Annual General Meeting of the Bank. The decision came from a meeting of the board held at Islami Bank Tower on 30 March 2017, The decision came from a meeting of the board held at Islami Bank Tower on 30 March 2017, Board MeetingThursday with its Chairman Arastoo Khan in the chair. Directors from home and abroad and Md. Abdul Hamid Miah, Managing ...

Norwegian Oil Fund increases investment in BD

The world’s largest sovereign wealth fund, the Norwegian Government Pension Fund Global, has substantially expanded its investment in Bangladesh. The fund invested in Bangladeshi stocks for the first time in 2015, the total was a modest 19 million USD. By the end of 2016, the fund’s investment had grown six fold to 112 million USD in 15 Bangladeshi companies on the Dhaka stock exchange. The significant growth in investments in Bangladesh by the Norwegian Government Pension Fund Global is very positive. I see this as a confirmation that the Bangladeshi economy is

CSE-50 Index revised

The CSE-50 index has been revised on the basis of performance of the CSE-listed companies. The new index will be effective from March 01, 2017. CSE 50 index is reviewed twice in a year. The new companies which have been included are Mutual Trust Bank LimitedandDhaka Bank Limited. On the other hand,Heidelberg Cement Bangladesh Limited and United Airways (BD) cseLimited were excluded from the previous list. The final 50-index companies are: AB BANK LIMITED, ACI LTD., AFTAB AUTOMOBILES LIMITED, AL-ARAFAH ISLAMI BANK LTD., BANGLADESH...

Discussion on strategic business planning in CSE

Chittagong Stock Exchange Ltd, as part of its Business Development move, organized a discussion on Strategic Business Planning with its Shareholders at the conference hall of its Dhaka office this evening. CSE’s Dhaka based TREC Holders were present on the occasion. The session was chaired by The Managing Director of CSE Mr. M. Shaifur Rahman Majumdar, FCA, FCMA. He presented the key note paper which covered the recent trading performance DSC00354and trading participation status of CSE TREC Holders. CSE MD, in his presenta...
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