Investment Corporation of Bangladesh has declared 40 per cent cash dividend for its shareholders for the year ending June 30, 2013. The declaration came in an extraordinary meeting and 37th annual general meeting of the company held in Dhaka recently, said a news release. ICB chairman SM Mahfuzur Rahman presided over the meetings while managing director Md Fayekuzzaman and other directors were present.
During the AGM, the shareholders approved the 40 per cent cash dividend declared by the company. The meeting was told that ICB earned solo and consolidated (with subsidiaries) net profit of Tk 247.91 crore and Tk 376.42 crore respectively in the financial year 2012-13.
-With New Age input