Dhaka, Bangladesh (BBN)- Western Marine Shipyard Limited, Mithun Knitting & Dyeing and Tallu Spinning Mills made corporate declaration on Tuesday.
Western Marine Shipyard: The board of directors of Western Marine Shipyard has recommended 5 percent cash dividend to the general shareholders other than sponsor shareholders directors’ share of the company and 10 percent stock dividend to all the shareholders for the year ended on June 30, 2014, said an office disclosure on Tuesday.
Total number of shares 10,95,51,900 out of this sponsor shareholders hold 40.44 percent and rest of the shareholders i.e. 59.56 percent shareholders entitled for cash dividend.
The annual general meeting (AGM) will be held on December 21 at 12noon at the Chittagong Boat Club, Air Port Road, East Patenga, Chittagong. Record date: 20.11.2014.
The company has also reported EPS of BDT 2.32, NAV per share (with revaluation reserve) of BDT 42.59, NAV per share (without revaluation reserve) of BDT 31.70 and NOCFPS of BDT 0.87 for the year ended on June 30, 2014.
Mithun Knitting: The board of directors has recommended 20 percent stock dividend for the year ended on June 30, 2014.
The AGM will be held on December 23 at 12:30pm at the Factory Premises of Tallu Spinning Mills Ltd., Kaltapara Bazar, Gouripur, Mymensingh. Record date: 20.11.2014.
The company has also reported EPS of BDT 3.02, NAV per share of BDT 23.55 and NOCFPS of BDT (2.26) for the year ended on June 30, 2014.
Tallu Spinning: The board of directors did not recommend any dividend for the year ended on June 30, 2014.
The AGM will be held on December 23 at 11:30am at the Factory Premises of the Company, Kaltapara Bazar, Gouripur, Mymensingh. Record Date: 01.12.2014.
The company has also reported EPS of BDT 1.51, NAV per share of BDT 16.19 and NOCFPS of BDT 0.27 for the year ended on June 30, 2014.
Following no dividend declaration, the Tallu Spinning Mills Ltd will be placed in ‘Z’ category from existing ‘A’ category with effect from November 12, 2014 as per Dhaka Stock Exchange (Settlement of Transactions) Regulations, 2013.
The Stock Brokers and Merchant Bankers are requested not to provide loan facilities to purchase securities of Tallu Spinning Mills Ltd. starting from November 12, 2014 as per SEC Directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009.
There will be no price limit on the trading of the shares of these companies today (Tuesday) following their corporate declaration.

BBN/SSR/AD-11Nov14-11:07 am (BST)

BBN/SSR/AD-11Nov14-11:05 am (BST)