Dhaka, Bangladesh (BBN)-Three more listed company recommended dividend for the year ended on June 30, 2015, according separate official disclosures of the companies on Monday.
The companies are: Atlas Bangladesh, Pharma Aids and Dacca Dyeing.
ATLAS BANGLADESH: The Board of Directors of Atlas Bangladesh has recommended 10 percent cash dividend and 10 percent stock dividend for the year ended on June 30, 2015.
The final approval will come during the annual general meeting (AGM) scheduled to be held on December 23 at 11:00am at the Factory premises of the company at Tongi.
The record date is on November 29.
The company has also reported net profit after tax of BDT 9.39 million, earnings per share (EPS) of BDT 0.40, net asset value (NAV) per share of BDT 203.78 and net operating cash flow per share (NOCFPS) of BDT 1.07 for the year ended on 30.06.2015.
PHARMA AIDS: The Board of Directors of Pharma Aids has recommended 25 percent cash dividend.
The AGM will be held on December 28 at 11:00am at Segun Bagicha, Dhaka.
The record date is on December 3, 2016.
The company has also reported net Profit after tax of BDT 25.47 million, EPS of BDT 8.16, NAV per share of BDT 37.43 and NOCFPS of BDT 1.11 for the year ended on June 30, 2015.
DACCA DYEING: The Board of Directors of Decca Dying has recommended 10 percent stock dividend for the year ended on June 30, 2015.
The board has also decided to increase the paid-up capital of the company by issuing 130,730,179 rights shares @ 1.5R:1 (i.e. one and a half Rights share for every share held) at an issue price of BDT 10 each subject to approval at EGM and by the Regulatory Authorities.
The purpose of the rights issue would be to procure a spinning mill and machinery, business expansion through diversification of product line and for working capital and repayment of outstanding loan etc.
The AGM and EGM will be held on December 26 at 12:00pm and 12:30pm respectively at the Factory premises at Tongi, Gazipur.
The record date for AGM and EGM: 29.11.2015.
Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from the Bangladesh Securities and Exchange Commission.
The company has also reported EPS of BDT 1.09, NAV per share of BDT 25.00 and NOCFPS of BDT 3.30 for the year ended on June 30, 2015.
There will be no price limit on the trading of the shares of these three companies today following their corporate declarations.
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