DividendISLAMIINS

ISLAMIINS 5% Stock Dividend

Published
Last verified by BullBD

Announcement summary

What happened
ISLAMIINS published a dividend disclosure.
Dividend type
Stock
Dividend percentage
5%
AGM date
20 July 2020
Company
Islami Insurance Bangladesh Limited
Announcement published

Original announcement

Dividend Declaration (Additional Information): The Company has further informed that they recommended 5% stock dividend this year due to following reasons: i) As per Insurance Act, 2010, section 21, the minimum paid up capital is Tk. 35,64,08,790.00 and to comply the minimum paid up capital 5% stock dividend has been approved by the Board of Directors meeting held on July 20, 2020. (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040056a4c
Original publication
Last verified by BullBD
Translation
BullBD
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