IDLC::: News:The Board of Directors has recommended 5% cash - TopicsExpress

IDLC::: News:The Board of Directors has recommended 5% cash dividend and 25% stock dividend for the year ended on December 31, 2013. The Board has also recommended to issue Rights shares @ 1R:2 (i.e. 1 Rights share for every 2 Ordinary shares held) at an issue price of Tk. 20.00 each (including a premium of Tk. 10.00 per share) subject to the approval by the shareholders and regulatory authorities. Date of AGM: 30.03.2014, Time: 11:00 AM, Venue: Utshab, Radisson BLU Water Garden Hotel, Airport Road, Dhaka Cantonment, Dhaka 1206. Record date: 06.03.2014. (cont.) (Continuation of news of IDLC): The Company has also reported consolidated net profit of Tk. 669.47 million, consolidated EPS of Tk. 4.16, consolidated NAV per share of Tk. 33.33 and consolidated NOCFPS of Tk. 12.12 for the year ended on December 31, 2013 as against Tk. 712.82 million, Tk. 4.43, Tk. 29.17 and Tk. 2.65 respectively for the year ended on December 31, 2012. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from

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