ACI, ACI Formulations recommend dividend

Last updated: May 2, 2013

Dhaka, Bangladesh (BBN): The Board of Directors of ACI and ACI Formulations have recommended dividend of their respective companies, said an office disclosure on Thursday.

ACI: The Board of Directors of ACI has recommended 80% cash dividend and 20% stock dividend for the year ended on December 31, 2012.
Date of AGM: 11.06.2013, Time: 10:30 AM, Venue: Officers Club, 26 Baily Road, Dhaka. Record Date: 12.05.2013.

The Company has further reported consolidated net profit/(loss) of BDT (165.89) million, consolidated basic and diluted EPS of BDT (6.98), consolidated NAV per share of  BDT 159.71 and consolidated NOCFPS of BDT (17.22) for the year ended on December 31, 2012 as against BDT 238.11 million, BDT 10.08, BDT 212.74 and BDT (2.72) respectively for the year ended on December 31, 2011.

ACI Formulations: The Board of Directors has recommended cash dividend @ 25% (i.e. Tk. 2.50 per share of Tk. 10.00 each) for the year ended on December 31, 2012.

Date of AGM: 11.06.2013, Time: 9:00 AM, Venue: Officers Club, 26 Baily Road, Dhaka. Record Date: 12.05.2013.

The Company has also reported Net profit of Tk. 149.96 million, EPS of Tk. 3.33, NAV per share of Tk. 38.08 and NOCFPS of Tk. 2.63 for the year ended on December 31, 2012 as against Tk. 146.85 million, Tk. 3.26, Tk. 36.42 and Tk. 2.35 respectively for the year ended on December 31, 2011.

So, there will be no price limit on the trading of the shares of the Companies today.
 
BBN/BB/AD/02May-13-12.05pm (BST).

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