DividendACI

ACI 10% Stock Dividend

Published
Last verified by BullBD

Announcement summary

What happened
ACI published a dividend disclosure.
Dividend type
Stock
Dividend percentage
10%
Company
Advanced Chemical Industries PLC
Announcement published

Original announcement

The Board of Directors has recommended final 40% cash and 10% stock dividend for the year ended on June 30, 2017 (i.e. total 125% dividend for the year 2016-2017 including 75% Interim cash dividend which was already paid). The Board has also taken the following decisions: 1. The Company will further invest Tk. 247.00 million into its subsidiary ACI Foods Limited as additional equity against rights offer for 2,470,000 ordinary shares of Tk. 100.00 each subject to approval from BSEC. (cont.1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b00004005e5ee
Original publication
Last verified by BullBD
Translation
BullBD
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