CHATTOGRAM: Jamuna Oil Company Limited (JOCL) approved a 120 per cent cash dividend to its shareholders for the fiscal year 2021-22.

The company declared the cash dividend at its 47th Annual General Meeting (AGM) held on Saturday.

ABM Azad presented overall activities and future plans of the company at the meeting.   

Managing Director Md Gias Uddin answered different questions from the shareholders.

The shareholders placed their opinions at the meeting. They also expressed satisfaction over the activities of the company.

Then, the meeting approved the audited financial report, 120 per cent cash dividend for the FY2021-22 and other agendas.

Jamuna Oil Company Limited is a subsidiary of the Bangladesh Petroleum Corporation that nationally markets octane, petrol, diesel, kerosene, furnace oil, bitumen and lubricants in Bangladesh. In 1975, it was renamed Jamuna Oil Company after the river Jamuna. It is headquartered in Chittagong.