Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 361 Fri. June 03, 2005  
   
Business


Beximco Pharma okays 5pc cash, 25pc stock dividends
Beximco Pharmaceuticals Limited has declared 5 percent cash and 25 percent stock dividends for its shareholders.

The dividend declaration came at the 29th annual general meeting (AGM) of the company held in Dhaka yesterday, says a press release.

The AGM was informed that the company earned a gross profit of Tk 972.11 million and net profit of Tk 294.30 million for the year 2004.

The AGM also resolved the company's authorised capital to be raised from Tk 100 crore to Tk 200 crore.

Chairman of the company ASF Rahman presided over the meeting, which was also attended by Vice-chairman Salman F Rahman, directors Iqbal Ahmed, O K Chowdhury, Abdul Alim Khan, CH Rahman, Faheemul Huq and Ahsanul Karim and Company Secretary Mohammad Asad Ullah.