DividendBIFC
BIFC 5% Stock Dividend
Announcement summary
- What happened
- BIFC published a dividend disclosure.
- Dividend type
- Stock
- Dividend percentage
- 5%
- Company
- Bangladesh Industrial Fin. Co. Ltd.
- Announcement published
Original announcement
The Board of Directors has recommended 5% stock dividend for the year ended on December 31, 2013. The Board has also decided to issue Rights shares @ 1R:2 (i.e. 1 Rights share for every 2 shares) at an issue price of Tk. 10.00 each at par on paid up capital after considering bonus shares subject to approval by the shareholders and the Regulatory Authorities. The purpose of Rights Issue is to meet up the regulatory requirements of Bangladesh Bank. Date of AGM: 24.04.2014, Time: 10:30 AM, Venue: 'Institution of Diploma Engineers Bangladesh', IDEB Bhaban, 160/A, Kakrail VIP Road, Dhaka-1000. Record Date: 03.04.2014. (cont.)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf6b5a6b000040066702
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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