GP recommends 50pc final cash dividend

Dhaka, Bangladesh (BBN): The Board of Directors of GrameenPhone (GP) has recommended final cash dividend @ 50 per cent a total 140% cash dividend for the year 2012 inclusive of 90% Interim cash dividend which has already been paid) for the year ended on December 31, 2012, said a company’s official disclosure Monday.

The Annual General meeting will be held on April 10,2013 at 10am at the Shaheed Suhrawardy National Indoor Stadium, Mirpur, Dhaka. Record date: 20.02.2013.

The Company has also reported net profit after tax of BDT 17,504.77 million, EPS of BDT 12.96, NAV per share of BDT 26.26 and NOCFPS of BDT 22.23 for the year ended on December 31, 2012.

There will be no price limit on the trading of the shares of the Company today (11.02.2013) following its corporate declaration.

The Company has informed that Grameenphone Ltd. (GP) and IT Connect Limited have signed an agreement on Sunday. Under this agreement, IT Connect shall provide WiFi offload service in selected areas to GP subscribers, said another disclosure.

BBN/BB/AD/Feb11-13-10.50 (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