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DBH approves 25pc dividend

  • Staff Correspondent
  • 18 April, 2022 12:00 AM
  • Print news

The shareholders of Delta Brac Housing Finance Corporation Limited (DBH) approved 25 percent dividend (15 percent cash and 10 percent stock) for the year ending December 31, 2021.

In addition, the shareholders also approved two special resolutions for changing its name from ‘Delta Brac Housing Finance Corporation Ltd.’ to ‘DBH Finance PLC’ and increase its authorised capital from Tk 200 crore to Tk 400 crore, said a press release.

The approvals came at the 26th annual general meeting (AGM) of the company held recently by using digital platform with its Chairman, Nasir A Choudhury in the chair.

The meeting was attended by its directors Dr. AMR Chowdhury, Vice- Chairman, Mehreen Hassan, Bar-at-law, Md. Mujibur Rahman, Moin Uddin Ahmed, M Anisul Haque, Anisur Rahman, Rahseda K Choudhury, Maj. Gen. (retd) Syeed Ahmed, Managing Director and CEO Nasimul Baten, Company Secretary Jashim Uddin, as well as the general shareholders.