EGMABBANK

ABBANK Corporate Disclosure — 13 July 2016

Published
Last verified by BullBD

Announcement summary

What happened
ABBANK published a corporate disclosure on 13 July 2016. Read the full announcement for details.
Company
AB Bank PLC.
Announcement published

Original announcement

The Company has further informed that, in their EGM and AGM held on July 12, 2016 they have approved to increase the paid up capital of the company by issuing Rights Share @ 5:4R i.e. 4 rights share against existing 5 shares each to the shareholders at a price of Tk. 10.00 per share instead of earlier proposed Tk. 12.50 per share (including Tk. 2.50 as Premium) after effecting Stock Dividend for the year ended 2015, subject to approval from the regulatory Authorities.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf2d5a6b000040061a05
Original publication
Last verified by BullBD
Translation
BullBD
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