GBB Power recommends 15% stock dividend

Dhaka, Bangladesh (BBN): The Board of Directors has recommended 15% stock dividend for the year ended on December 31, 2012, said an office disclosure on Monday.

The Board has also decided to increase Authorized Capital of the Company from BDT 100.00 million to BDT 200.00 million by amending relative Clause of the Memorandum of Association and Articles of Association of the Company subject to the approval by the shareholders in the EGM.

Date of EGM and AGM: 15.07.2013, Time of EGM and AGM: 10:30 AM and 11:00 AM respectively, Venue: “Conference Hall”, Hotel Naz Garden, Silimpur, Bogra-5800. Record Date for AGM and EGM: 20.05.2013.

The Company has also reported EPS of BDT 2.14, NAV per share of BDT 26.03 and NOCFPS of BDT 2.13 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/29Apr-13-11.16am (BST).

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