DividendIDLC

IDLC 5% Cash Dividend

Published
Last verified by BullBD

Announcement summary

What happened
IDLC published a dividend disclosure.
Dividend type
Cash
Dividend percentage
5%
Company
IDLC Finance PLC.
Announcement published

Original announcement

The Board of Directors has recommended 5% cash dividend and 25% stock dividend for the year ended on December 31, 2013. The Board has also recommended to issue Rights shares @ 1R:2 (i.e. 1 Rights share for every 2 Ordinary shares held) at an issue price of Tk. 20.00 each (including a premium of Tk. 10.00 per share) subject to the approval by the shareholders and regulatory authorities. Date of AGM: 30.03.2014, Time: 11:00 AM, Venue: "Utshab", Radisson BLU Water Garden Hotel, Airport Road, Dhaka Cantonment, Dhaka 1206. Record date: 06.03.2014. (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf6b5a6b00004006694f
Original publication
Last verified by BullBD
Translation
BullBD
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