News Details

Nitol Ins approves 8.0pc stock, 5.0pc cash dividends


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Nitol Insurance Company Limited approved 8.0 per cent stock and 5.0 per cent cash dividends for the shareholders for the year 2011.

The approval was given in the 13th annual general meeting (AGM) of the company at Trust Milonayaton, Old Airport Road in the city Wednesday, according to a press release.

Nitol Insurance Company Limited (NICL) Chairman and founder Chairman AKM Monirul Hoque presided over the meeting.

NICL Vice Chairman Anowar Husain, Director Zobair Humayun Khandaker and Managing Director SM Mahbubul Karim were present in the meeting.

A large number of shareholders of the company attended the meeting and took part in the discussion, the release added.

[ Trade & Market ] 2012-05-18