Tung Hai Knitting declares 10pc stock dividend

Dhaka, Bangladesh (BBN) – The board of directors of the Tung Hai Knitting & Dyeing has recommended 10 percent stock dividend for the year ended on December 31, 2013, said an office disclosure on Tuesday.

The AGM will be held on December 2, at 12 Noon at the Factory Premises of the Company at Shibrampur, Zirani Bazar, BKSP, Joydebpur, Gazipur, Dhaka. Record date: 05.11.2014.

The company has also reported EPS of BDT 1.39, NAV per share of BDT 15.11 and NOCFPS of BDT 0.79 for the year ended on December 31, 2013.

There will be no price limit on the trading of the shares of the Company today (Tuesday) following its corporate declaration.

The textile maker listed in the bourses this year. It is belong to the N category under the textile sector.

Of the total shares, 30.04 percent sponsor/directors, 30.65 percent held by institutions and 39.31 percent held by public.

BBN/SSR/AD-21Oct14-11:29 am (BST)

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