Dhaka, Bangladesh (BBN) – Western Marine Shipyard Ltd (WMSL) will be placed in ‘A’ category from existing ‘N’ category with effect from Sunday (February 01) as the company reported disbursement of 15 percent dividend for the year ended on June 30, 2014.

“The company will be placed in A category from existing N category with effect from February 01, 2015 as the company has reported disbursement of 5 per cent cash dividend to the general shareholders other than sponsors/directors and 10 per cent stock dividend for the year ended on June 30, 2014,” said a Dhaka Stock Exchange (DSE) web post on Thursday.
 
The company has informed that it has credited the bonus shares for the year ended on June 30, 2014 to the respective shareholders BO Account on January 18, 2015 and cash dividend also has been dispatched to the respective shareholders bank accounts on January 20, 2015.
 
The ship builder company made debut on the DSE and Chittagong Stock Exchange (CSE) on November 02, last year under ‘N’ category.

BBN/SSR/AD-29Jan15-11:59 pm (BST)