Bank Asia recommends 30pc dividend
The Board of Directors of Bank Asia in its meeting held on Tuesday recommended 30 percent dividend, out of which 20 percent will be stock dividend and 10 percent cash dividend, for the year that ended on December 31, 2005.It was also decided that the 7th annual general meeting of the shareholders of the bank will be held on April 24, 2006 at 11:00am at the Officers Club Auditorium in Dhaka while the record date (instead of book closure) will be on April 4, 2006, says a press release. Bank Asia Chairman M Syeduzzaman presided over the meeting, which was also attended by Vice-chairman A Rouf Chowdhury, directors Md Sirajul Haque, Jahir Uddin and M Shamsul Alam, and President & Managing Director Syed Anisul Huq.
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