Dhaka, Bangladesh (BBN): The Board of Directors of MJL Bangladesh has recommended 25 per cent cash dividend for the year ended on December 31, 2012.
The AGM will be held on June 15, 2013 at 11am at the Hall of Fame, BICC. Record Date: 17.04.2013. The Company has also reported EPS of BDT 2.73, NAV per share of BDT 30.24 and NOCFPS of BDT 1.28 for the year ended on December 31, 2012.
The Company has also informed that the Board of Directors of the Company has approved to purchase Land 25 decimal at Kathgor, Patenga, Chittagong at a consideration value of BDT 2,50,15,000.00 only including the cost of registration and associated cost for construction of Warehouse of the Company.
The Company has also informed that to purchase Land with three storied building structured located at Dharmatala adjacent to Dhaka-Jessore by-pass road under jessore Municipal Corporation Corporation Measuring 29.74 decimal at a total consideration value of BDT 3,84,46,000.00 only including registration and association cost to set up Warehouse and Customer Service Office of the Company. MJL has formed a subsidiary company "Omear Cylinders Limited" to manufacture LPG Cylinders.
BBN/BB/AD/-27Mar-13-11.20am (BST).