GSP Finance declares 55% stock dividend

Dhaka, Bangladesh (BBN) – The board of directors of GSP Finance Ltd has recommended 55 percent stock dividend for the year ended on December 31, 2014, said an office disclosure on Tuesday.
The annual general meeting (AGM) will be held on February 23, 2015 at 11am at the Institution of Diploma Engineers, Bangladesh, IDEB Bhaban, 160/A, Kakrail, Dhaka-1000. Record Date: 05.02.2015.
The company has also reported earnings per share (EPS) of BDT 1.58, net asset value (NAV) per share of BDT 22.77 and NOCFPS of BDT (6.50) for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the Company today (Tuesday) following its corporate declaration.
GSP Finance listed on the Dhaka Stock Exchange (DSE) in 2012. Of the total share, 59.5 percent held by sponsor-directors and 40.95 percent held by public.
In 2013, the company disbursed 12 percent stock dividend.

BBN/SSR/AD-27Jan15-11:10 am (BST)

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