HR Textile approves 8.50pc cash dividend
HR Textile Mills Limited approved 8.50 per cent cash dividend for its shareholders for the year that ended on September 30, 2008.
ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB) recently announced Net Asset Value (NAV) of its two unit funds, said a press release.
The total NAV of ICB AMCL Unit Fund stood at Tk 1046,635,223.49 on the basis of cost price and Tk 1098,195,393.97 on the basis of market price at the close of business operation on February 17 last.
The NAV per unit stood at Tk 200.28 on the basis of cost price and Tk 210.15 on the basis of current market price on the same day against the face value of Tk 100 per unit after taking into consideration all assets and liabilities of the fund.
The sale and repurchase prices of the ICB AMCL Unit certificate have been re-fixed at Tk 213 and Tk 210 per unit respectively with effect from February 22 next.
HR Textile Mills Limited approved 8.50 per cent cash dividend for its shareholders for the year that ended on September 30, 2008.
The fourth annual general meeting (AGM) of Maksons Spinning Mills Limited has approved 15 per cent stock dividend for the year 2007-2008.
Rupali Bank ground out operating profit last year, officials said, as it faced "uncertain future" of its status. "The secret is nothing but strongest-ever loan recovery drive," a senior bank official said Tuesday.
Investment Corporation of Bangladesh (ICB) announced the Net Asset Value (NAV) of eight ICB Mutual Funds on the basis of market value of the portfolios as on January 31.
Dhaka Electric Supply Company Limited (DESCO) has approved 25 per cent cash and 5 per cent stock dividend for its shareholders against its each share for the year ended June 30, 2008.
Islami Bank Bangladesh Limited (IBBL) Managing Director M Fariduddin Ahmad received the Best Banker Award-2008 of International Islamic University Chittagong (IIUC) at the DCCI auditorium in the city recently.
The country's largest private bank IBBL has projected an ambitious Tk10.47 billion operating profit in 2009 but sees over-investment in garments and textile a risk amid snowballing impact of global economic downturn.
Bangladesh Bank has permitted Pubali Bank Ltd for commencement of Islamic banking activities abiding by Shariah rules. Pubali Bank Limited Managing Director Helal Ahmed Chowdhury disclosed this
Lottery for share allotment of the Prime Finance First Mutual Fund is expected to be held on Wednesday at 10:30 am at the National Sports Council (NSC) building in the city, subject to approval of the Securities and Exchange Commission (SEC).
The lottery for initial public offering (IPO) of Delta Brac Housing (DBH), Finance Corporation Limited was held at Bangladesh-China Friendship Conference Centre in the city Tuesday.
The Bangladesh Telecommuni-cations Regulatory Commission on Wednesday said Grameenphone; the largest mobile phone operator in the country, would float initial public offerings to the stock exchange by June.