Two Ins cos recommend dividend

Last updated: April 30, 2013

Dhaka, Bangladesh (BBN): Two Insurance Companies---Eastland Insurance and Pioneer Insurance Company recommended dividend, said an office disclosure on Tuesday.

Eastern Insurance: The Board of Directors has recommended 18% cash dividend for the year ended on December 31, 2012.
Date of AGM: 07.07.2013, Time: 11:00 AM, Venue: Spectra Convention Centre Ltd., House-19, Road-7, Gulshan-1, Dhaka-1212. Record Date: 15.05.2013.
The Company has also reported EPS of BDT 2.22, NAV per share of BDT 35.88 and NOCFPS of BDT 4.05 for the year ended on December 31, 2012.

Pioneer Insurance:
The Board of Directors has recommended 10% cash dividend and 20% stock dividend for the year ended on December 31, 2012.
Date of AGM: 17.06.2013, Time: 11:00 AM, Venue: Bashundhara Convention Centre-2, Bashundhara R/A, Dhaka-1229. Record Date: 15.05.2013.
The Company has also reported EPS (after tax) of BDT 5.86, EPS (after tax and reserve) of BDT 3.73, NAV per share of BDT 28.61 and NOCFPS of BDT 4.99 for the year ended on December 31, 2012.

So, there will be no price limit on the trading of the shares of the Companies today.
 
BBN/BB/AD/30Apr-13-10.55am (BST).

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