Bank Asia recommends 25pc stock dividend
Bank Asia Ltd has recommended 25 percent stock dividend that is one share for every four shares for its shareholders for the year that ended on December 31, 2004. The recommendation was made at a meeting of the bank's Board of Directors held on Monday in Dhaka, says a press release. The sixth annual general meeting of the bank's shareholders will be held on May 11. The share transfer books will remain closed from April 17 to May 11, 2005 and the shareholders, whose names will appear in the register of members as on April 16, will be entitled to the bonus shares.
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