The 2 corporations won’t pay dividends – 2024-07-01 03:29:36

by times news cr

2024-07-01 03:29:36

The board of administrators of two listed corporations have introduced to not pay dividends to shareholders. This resolution has been made for the shareholders after reviewing the audited monetary report for the monetary 12 months ended December 31, 2023.

On Sunday (June 30), Dhaka and Chittagong Inventory Change (DSE-CSE) knowledgeable this info.

This resolution of dividend was taken after reviewing and approving the audited monetary report of the final monetary 12 months within the assembly of the board of administrators of the corporate held earlier on Thursday (June 27).

The businesses are – Bay-Leasing Funding Restricted and Union Capital Restricted.

Bay-Leasing Investments: As per the monetary report for the 12 months ended the corporate’s loss per share (EPS) was Rs.(5.88). Within the earlier monetary 12 months, the loss per share of the corporate was the identical quantity of Rs. On June 30, 2023, the corporate’s internet belongings per share stood at Tk 6.01. The annual common assembly (AGM) of the corporate can be held on August 28 to approve the choice to not pay the dividend. The document date on this regard has been mounted on July 22.

Union Capital: In line with the monetary report for the 12 months ended the corporate has a loss per share of Rs.(35.17). The loss per share of the corporate within the earlier monetary 12 months was (11.95) as on December 31, 2023 the corporate’s internet belongings per share stood at destructive (51.03). The Annual Common Assembly (AGM) of the corporate can be held on September 10 to approve the choice to not pay the dividend. The document date on this regard has been mounted on July 28.

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