IDLC recommends 30pc stock dividend

Dhaka, Bangladesh (BBN): The Board of Directors of IDLC has recommended stock dividend at 30% for the year ended on December 31, 2012. Date of AGM: 25.03.2013, Time: 11:00 AM, Venue: Bashundhara Convention Center, Umme Kulsum Road, Block-C, Bashundhara R/A, Baridhara, Dhaka-1229. Record date: 28.02.2013.

The Company has also reported consolidated net profit of Tk. 712.82 million, consolidated EPS of Tk. 5.76, consolidated NAV per share of Tk. 37.93 and consolidated NOCFPS of Tk. 3.44 for the year ended on December 31, 2012 as against Tk. 500.28 million, Tk. 4.04, Tk. 32.17 and Tk. 0.12 respectively for the year ended on December 31, 2011.

BBN/BB/AD/Feb17-13-11am (BST).

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