Dhaka, Bangladesh (BBN) - The 11th annual general meeting (AGM) of Islamic Finance and Investment Limited (IFIL) was held at Officers Club in the capital Dhaka on Wednesday, the company said.
The financial statements of the company for the year ended on 31 December 2011 were placed at the meeting and participants made a critical review of the performance of the company.
To strengthen the capital base of the company, the board earlier recommended 10 percent stock dividend for the FY 2011 and declared 1:3 rights shares. The shareholders approved the dividend for the year ended 31 December, 2011 and rights issue proposal.
The annual general meeting of the company became lively with the participation of a large number of shareholders.
The meeting was presided over by Firoz Alam, chairman of the company. Among others, vice-chairmen Mostanser Billa, members of the board Liaquat Hossain Moghul, Fazlul Hoque, Kazi Mahbuba Akhter, Abul Quasem Haider, Afzalur Rahman, M Azizul Huq, Managing Director M Rabiul Islam, and Company Secretary Rezauddin Ahmed were present.
BBN/SSR/AD-19Apr12-12:50 pm (BST)
