Dhaka, Bangladesh (BBN)- The 17th Annual General Meeting (AGM) of Prime Finance & Investment Limited was held recently at Officers Club in the city.
The Financial Statements of the Company for the year ended on 31 December 2012 were placed at the meeting and members made a critical review of the performance of the Company.
To strengthen the capital base of the Company, the Board recommended 30 percent dividend (20% Stock and 10% cash) for the FY 2012, which has been unanimously approved by the shareholders in the AGM.
The meeting was presided over by Mr. K.M. Khaled, Chairman of the Company. The Company’s total business revenue was BDT 1,969.11 million in FY 2012 as against BDT 2,244.77 million in FY 2011.
Total investment of the Company stood at BDT 13,836.13 million in the FY 2012 as against BDT 12,827.06 million in the FY 2011 and Earnings Per Share (EPS) BDT 1.04 in the FY 2012.
Among others, Directors of the Board Mr. Md. Tauseef Iqbal Ali, Mr. Mohammad Masudur Rahim, Professor Parimal Chandra Datta, Ph.D (Independent Director), Mahibul Islam Chowdhury (Independent Director) Asad Khan, Managing Director and Syed Moniruzzaman ACS, Company Secretary were also present.
BBN/SSR/AD-31Mar13-11:03 am (BST)
