Eastland Ins approves 2:1 rights share
Eastland Insurance Company Ltd has approved issuance of rights share at Tk200 per share with a premium of Tk100 at the rate of 2:1.The issuance of rights share was approved at an extraordinary general meeting (EGM) of Eastland Insurance held in Dhaka Wednesday. The EGM also approved enhancement of company's share capital to Tk50 crores, says a press release. Mahbubur Rahman, chairman of Eastland Insurance, presided over the EGM, which was also attended by Managing Director Azmal Hoque and Secretary AFM Safru.
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