DividendSTANDBANKL

STANDBANKL 5% Stock Dividend

Published
Last verified by BullBD

Announcement summary

What happened
STANDBANKL published a dividend disclosure.
Dividend type
Stock
Dividend percentage
5%
Company
Standard Islami Bank PLC.
Announcement published

Original announcement

The Board of Directors has recommended 5% cash and 5% stock dividend for the year ended on December 31, 2019. The Board has also decided to amend the relevant clauses/articles of the Memorandum and Articles of Association of the Company for conversion of Conventional Banking into full-fledged Islamic Banking subject to approval from Shareholders, prior permission from Bangladesh Bank and honorable High Court Division of the Supreme Court. (cont.1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b0000400572cc
Original publication
Last verified by BullBD
Translation
BullBD
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