Dhaka, Bangladesh (BBN) - The board of directors of The IBN Sina Pharmaceutical Industries Ltd and Provati Insurance Company have recommended dividend, said separate office disclosures on Monday.
Ibn Sina Pharmaceutical Ltd: The IBN Sina Pharmaceutical Industries Ltd has recommended 30 percent cash dividend and 5.0 percent stock dividend for the year ended on December 31, 2014.
The final approval of the dividend will come during the AGM scheduled to be held on June 6 at 9:30am at Emmanuells Convention Center, Shimanto Square Market (Rifles Square) in Dhanmondi of Dhaka.
The record date of the company is May 10.
The company has also reported EPS of BDT 5.95, NAV per share of BDT 31.77 and NOCFPS of BDT 8.12 for the year ended on December 31, 2014.
Provati Insurance: The board of directors of Provati Insurance Company has recommended 12 percent stock dividend for the year ended on December 31, 2014.
The annual general meeting (AGM) will be held on June 25 at 10:30am at the Bangladesh Co-Operative Book Society Ltd at 125 Motijheel C/A (3rd Floor) Dhaka-1000.
The record date of the company is May 4.
The company has also reported EPS of 1.84, NAV per share of BDT 16.15 and NOCFPS of BDT 4.57 for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of these two companies today following their corporate declarations.
BBN/BB/AD-20Apr15-12:00pm (BST)