Hotels Int'l declares 10pc bonus share
Hotels International Limited (HIL), owning company of Pan Pacific Sonargaon Hotel, has declared 10 per cent bonus share to its share holders for the year 2002.The declaration came at the 25th annual general meeting (AGM) of the company held on Thursday, says a press release. Shafiqul Islam, secretary of Ministry of Civil Aviation and Tourism and also chairman of HIL, presided over the meeting. The AGM was also told that HIL made a profit of Tk 17.50 crore during the same time. The company paid an amount of Tk 45 crore to the government exchequer in the form of value added tax (VAT), income tax and other fiscal levies in 2002. The HIL has also declared a Tk 100 crore plan to renovate the hotel.
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