Dhaka, Bangladesh (BBN)- The board of directors of Singer Bangladesh Limited has recommended 600 percent cash dividend and 75 percent bonus shares for the year ended on December 31, 2010.
Following the corporate declaration on Tuesday, shares of Singer Bangladesh jumped up 32.42 percent or BDT 1877.25 in the trading of Dhaka Stock Exchange (DSE). It also came up in the second position of the top turnover list in DSE.
The company also reported mammoth Earning Per Share (EPS) of BDT 879.63 per share and Net Asset Value (NAV) of BDT 1,399.60 per share for the year 2010.
BBN/SI/AD-16Mar11-9:23 pm (BST)
