Hakkani Pulp, Paper Mills recommends 5.0 percent cash dividend

Dhaka, Bangladesh (BBN) – The board of directors of Hakkani Pulp and Paper Mills Limited has recommended cash dividend at 5.0 percent for the year ended on June 30, 2011.

The annual general meeting (AGM) of the company is scheduled to held at Eden Garden Community Center at Halishahar in Chittagong on December 17 this year, a company announcement said on Sunday  

The company has also reported EPS of BDT 0.96, NAV per share of BDT 35.99 and NOCFPS of BDT 1.73 for the year ended on June 30, 2011.

“There will be no price limit on the trading of the shares of the company on Sunday following its corporate declaration,” a DSE statement said.

“The Hakkani Pulp and  Paper Mills Ltd is one of the leading paper manufactures in Bangladesh, located at Chittagong, a sister concern of Hakkani Group has been incorporated in RJSCO in 1996 as public limited company and already has been issued public share in 2001,” the company said.

Authorized capital of the company is BDT 500 millions and paid up capital is BDT 190 millions, it added.

BBN/SSR/AD-11Sept11-11:14 am (BST) 

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