Dhaka, Bangladesh (BBN) - The 13th annual general meeting (AGM) of National Housing Finance and Investments Limited (NHFIL) has approved 20 percent stock dividend (bonus shares) for the shareholders for the year 2011.
The AGM was held in the city recently. Chairman of the company Latifur Rahman presided over the meeting, a company statement said.
The AGM also approved 2:1 rights shares (one rights share for every two existing shares) of Tk 10 each at par on paid-up capital after considering bonus subject to approval of the regulatory authorities.
NHFIL is one of the financial institutions in the country engaged in home loan and lease finance.
A large number of shareholders attended the AGM. The AGM was also attended, among others, by directors, promoters, Managing Director Md Abdur Rob and Company Secretary Md Sarwar Kamal.
The meeting was told that the company earned BDT 278.20 million as operating income during the year 2011, while total shareholders equity of the company stood at BDT 873.97 million as on December 31, '11.
BBN/SSR/AD-23Apr12-10:50 am (BST)
