United Air declares 12% stock dividend

Dhaka, Bangladesh (BBN): The Board of Directors of United Airways has recommended 12 per cent stock dividend for the year ended on June 30, 2013, said an office disclosure on Thursday.

Date of AGM: 04.12.2013, Time: 12:00 Noon, Venue: Hafiz Complex, 1 East Dupadighirpar, Sylhet. Record date: 03.10.2013.

The Company has also reported EPS of BDT 1.10, NAV per share of BDT 12.87 and NOCFPS of BDT 1.85 for the year ended on June 30, 2013. The Board has also recommended for induction of one MD-83 aircraft having 167 seats shortly on lease for a period of five years with a provision to purchase the aircraft.

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

BBN/BB/AD/19Sept-13-11.15am (BST).

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