The declaration was made at the company's annual general meeting (AGM) held at the company's head office in Dhaka, says a press release.

Nizam Uddin Ahmed, chairman of the company, presided over the meeting

Among others, Shah Alam, vice-chairman of the company, Mujib-ud-Doula, managing director, directors Mia Mohammed Abdul Hai, Hasina Nizam, Colonel (Rtd) Sumsuddin Ahmed, Matiur Rahman, Md Aliuzzaman Khan and MA Majid, advisor were present.