Sandhani Ins declares 25.50pc stock dividend

Dhaka, Bangladesh (BBN)-The Board of Directors of Sandhani Life Insurance has recommended 25.50 percent stock dividend for the year ended on December 31, 2013, said an office disclosure on Monday.

The board has also decided to increase the authorised capital of the cfrom Tk 500 million to Tk 2.0 billion subject to approval of the shareholders and the regulatory authorities.

Date of EGM and AGM: 06.09.2014, Time of EGM and AGM: 11:00am and 11:30am respectively which will be held at MH Samorita Hospital & Medical College Auditorium in Tejgaon of the capital.

Record Date for EGM and AGM: 16.07.2014.

The company has also reported EPS of BDT 2.66, NAV per share of BDT 30.97 and NOCFPS of BDT (0.60) for the year ended on December 31, 2013.

There will be no price limit on the trading of the shares of the company Monday following its corporate declaration.

BBN/BB/SS-30June14-10:40am (BST)

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