BSRM Steels recommends 10pc cash, 5pc stock div

Dhaka, Bangladesh (BBN): The Board of Directors of BSRM Steels has recommended 10 per cent cash dividend and 5 per cent stock dividend for the year ended on December 31, 2012, said an office disclosure on Sunday.

The AGM will be held April 4, 2013 at 11am at Banquet Hall, Chittagong Club, Empress Road, Chittagong. Record date: 12.03.2013.

The Company has also reported consolidated net profit of BDT 997.17 million, consolidated EPS of BDT 3.06, consolidated NAV per share of BDT 19.53 and consolidated NOCFPS of BDT 2.48 for the year ended on December 31, 2012.

So, there will be no price limit on the trading of the shares of the Company today.

BBN/BB/AD/03Mar-13-10.20am (BST).

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