Face value of Bank Asia shares to be changed

Dhaka, Bangladesh (BBN) – The board of directors of Bank Asia Limited has approved the change of denomination of the face value of shares of the private bank from BDT 100 to BDT 10.

The board gave the approval, which is subject to the approval of Bangladesh Bank and shareholders.

The bank will arrange an extra ordinary general meeting of the shareholders at the Institute of Diploma Engineers, Bangladesh at Kakrail in Dhaka on November 17 to win approval from them, a statement said.

The bank has fixed the record date for October 20. Its market lot will consist of 500 shares.

BBN/SSR/AD-29Sept11-10:42 am (BST) 

No Subscription? You Are Missing Out!

Join the business leaders of Bangladesh who rely on BBN's original reporting and in-depth analysis on business scenario of the country. We send only one daily email. No Spam Guaranteed!

Your Name (optional)

Your Email (Required) *

Subscribe

Please check your email and confirm your subscription