15 Nov 2009
PADMAOIL
The Board of Directors has recommended cash dividend @ 50% (i.e. Tk. 5.00 per share) and stock dividend @ 200% (i.e. 2 bonus shares for every 1 share held) for the year 2008-2009. Date of AGM: 23.01.10, Time: 11:30 AM, Venue: "Main Installation", Guptakhal, Patenga, Chittagong. Record Date: 07.12.09. The company has also reported Earning Per share (EPS) of Tk. 45.88, Net Asset Value (NAV) per share of Tk. 185.14 and Net Operating Cash Flow per share of Tk. 0.80 for the year ended on June 30, 2009. The Board has also decided to increase the Authorized Capital from Tk. 10.00 crore to Tk. 100.00 crore and accordingly relevant clauses of the Memorandum of Association and Articles of Association of the Company will be amended subject to the approval from regulatory authority and the Shareholders in the forthcoming AGM.
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November
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- MARICO
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