Dhaka, Bangladesh (BBN)– Eastland Insurance Company Limited approved 30 per cent stock dividend for its shareholders for the year of 2008 at its 22nd annual general meeting (AGM) held in Dhaka on Monday.

Chairman of the company Mahbubur Rahman presided over the meeting.

The chairman presented the report of the directors, audited accounts of the company for the previous year together with auditors report thereon.

He also said that the company earned a gross premium of BDT 350.96 million during 2008 through its 23 Branches which is 10.75 per cent higher than that of the previous year.

BBN/SS/SI/AD-26May09-1:50 am (BST)