Record DateALARABANK

ALARABANK Record Date Disclosure

Published
Last verified by BullBD

Announcement summary

What happened
ALARABANK published a corporate disclosure on 16 November 2014. Read the full announcement for details.
Company
Al-Arafah Islami Bank PLC.
Announcement published

Original announcement

The Company has informed that the Board of Directors of the Company has taken the following decisions: (1) to issue Mudaraba Subordinated Bond (7 years Redeemable) for Tk. 300.00 crore to strengthen Bank's Tier II capital as requirement under Basel III in the name and style "AIBL Mudaraba Subordinated Bond" through private placement subject to approval of regulatory bodies and shareholders in the EGM; (2) to amend the clause no. 108.3.1 of Articles of Association of the Company. Date of EGM: 23.12.2014, Time: 10:00 AM, Venue: Al-Arafah Islami Bank Bhaban, Head Office (Proposed), 63, Purana Paltan, Dhaka. Record date for EGM: 30.11.2014.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf4d5a6b000040065892
Original publication
Last verified by BullBD
Translation
BullBD
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