Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 569 Sun. January 01, 2006  
   
Business


Jute Spinner okays 17.5pc dividend


The 100 percent export-oriented jute yard manufacturing industry, Jute Spinners Ltd has declared 17 and half percent dividend for its shareholders for the year 2004-05.

The dividend was declared at the 26th Annual General Meeting of the company held on Thursday at the CIRDAP auditorium. Muhammad Shams-ul Haque, Chairman and Managing Director of the company presided over the meeting, a press release said.

Directors Muhammad Shams-ul Huda and Muhammad Shams-uz Zoha, Executive Director Faizur Rahman Chaudhury and a number of shareholders were present at the AGM.

The AGM approved the annual audited report for the year 2004-2005 and appointed new auditor for the next financial year.