Apex Spinning declares 20pc cash, Linde BD 200pc interim cash dividend

Dhaka, Bangladesh (BBN)-The board of directors of Apex Spinning & Knitting Mills has recommended 20 percent cash dividend for the year ended on March 31, 2014, said an office disclosure on Sunday.

The annual general meeting (AGM) of the company scheduled to be held on September 28 in Dhaka will officially approved the dividend. Record date: 07.08.2014.

The company has also reported net profit after tax of BDT 18.80 million, EPS with fair valuation surplus of Investment of BDT 3.35, EPS without fair valuation surplus of Investment of BDT 2.24, NAV per share of BDT 49.75 and NOCFPS of BDT 2.50 for the year ended on March 31, 2014 as against BDT 18.49 million, BDT 2.01, BDT 2.20, BDT 49.32 and BDT 18.09 respectively for the year ended on March 31, 2013.

Meanwhile, the board of director of Linde Bangladesh Ltd has approved 200 percent interim cash dividend for the year ending 31st December 2014.

The record date for entitlement of interim dividend: 03.08.2014.

There will be no price limit on the trading of the shares of the two companies today following their corporate declaration.

BBN/BB/AS-20July14-11:55am (BST)

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