DividendFIRSTSBANK
FIRSTSBANK 10% Cash Dividend
Announcement summary
- What happened
- FIRSTSBANK published a dividend disclosure.
- Dividend type
- Cash
- Dividend percentage
- 10%
- Company
- First Security Islami Bank PLC.
- Announcement published
Original announcement
The Board of Directors has recommended 10% cash dividend only for Shareholders except Sponsors/Directors for the year ended on December 31, 2013. The Sponsors/Directors holding total 210,974,520 shares of the Company will not be entitled to recommended dividend. The total amount payable to public Shareholders as dividend is Tk. 200,464,200.00. The Board has also decided to issue Rights shares @ 1R:2 (i.e. 1 Rights share for every 2 Ordinary shares) of Tk. 10.00 each at an issue price of Tk. 12.00 each (including a premium of Tk. 2.00 per share) subject to the approval by the shareholders and regulatory authorities. Purpose of the Rights share issue is to enhance and strengthen the capital base of the Company. (cont.)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf6b5a6b0000400667cb
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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