Dhaka, Bangladesh (BBN) – Green Delta Insurance Company Limited has approved 25 percent stock dividend for its shareholders for the year 2011.
The approval came at the 26th Annual General Meeting of the Company, held on Thursday at Hotel Purbani in the capital. The meeting was attended by a large number of sponsor directors and shareholders, and was presided over by Mr. A. Q. M. Nurul Absar, Chairman of the Company.
The chairman expressed his appreciation towards the shareholders of the Company for their continuous support and cooperation towards the growth of the Company. He sincerely thanked the shareholders for their constructive suggestions for raising GDIC’s profitability, capacity and goodwill.
Nasir A. Choudhury, Managing Director and CEO, in his welcome speech, highlighted the Company’s operational performance during 2011 and outlined the future plans and programs undertaken by the company to boost operational efficiency and profitability.
Green Delta Insurance Company Ltd has been awarded AA1 rating in the long term and ST-1 in the short term by the Credit Rating Agency of Bangladesh Limited (CRAB).
BBN/SSR/AD-27Apr12-8:10 pm (BST)
