Southeast Bank Limited converted its denomination of Tk 100 per share into Tk 10 according to the order of Securities and Exchange Commission (SEC) on 15 September, 2011. Chairman of the Bank Alamgir Kabir FCA disclosed it to the stakeholders at the 6th Extra-ordinary General Meeting in the city on Sunday, says a press release.

Trading of all shares of different companies with changed denomination of Tk.10 per share will start from 4th of next month as per the order.

Vice Chairman Ragib Ali, directors M.A. Kashem, Azim Uddin Ahmed, Duluma Ahmed, Syed Shahid Ali, Rehana Rahman, Md. Akikur Rahman, Sirat Monira, Abdul Hye, A.H.M. Moazzem Hossain, bank’s Adviser Zakir Ahmed Khan and Managing Director Mahbubul Alam, among others, attended the meeting Bank’s Sponsors and a large number of Shareholders of the Bank attended the meeting.

Managing Director highlighted the successes the Bank achieved so far and portrayed its outlook for the future.

He thanked the shareholders for their continued support and co-operation to the growth and improvement of the Bank over the years.

Source: The Daily Sun/ Bangladesh/ 21th Nov 2011