Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 31 Sun. June 27, 2004  
   
Business


Bangladesh Lamps declares 20pc dividend
Bangladesh Lamps Limited, manufacturer of Philips electric bulbs, and official licensee of Philips Electronics NV Holland for lighting products, has declared a 20 percent cash dividend for its shareholders for the year 2003.

The declaration was made at the 43rd annual general meeting (AGM) of the company held in Dhaka on Thursday, says a press release.

Latifur Rahman, chairman and managing director of the company, presided over the AGM.

Directors of the company Saifur Rahman, Atiqur Rahman, Shamsur Rahman and Obaidur Rahman Khan and Company Secretary Abdullah Ismail were also present.