The board of directors of Pubali Bank has recommended five per cent cash and 35 per cent stock dividend for the year 2010.

The bank has reported earning per share (EPS) of Tk 6.51, net asset value (NAV) per share of Tk 28.94 and net operating cash flow per share (NOCFPS) of Tk 0.61 for the year ended on December 31, 2010, according to source.

Annual general meeting (AGM) of the bank will be held on March 31 this year at Officers' Club, 26, Baily Road, Dhaka. The record date for AGM has been fixed on March 15.

Meanwhile, Marico Bangladesh Limited has informed that it has signed an "Binanama Agreement" on purchase of a total 3.99 acres of land at a cost of Tk 97 million excluding of registration fee and other relevant costs, at Mowna Bobanipur, Gazipur sadar.

The Securities and Exchange Commission (SEC) yesterday issued show-cause cum hearing notice to Md Abu Taher, AGM of Pharma Aids, for violation of the SEC rule in connection with unusual trading in shares of the company.

News: Daily Sun/ Bangladesh/ Mar-04-2011