The Extra-ordinary Gene- ral Meeting of United Commercial Bank Ltd was held at Bashundhara Conference Centre, Dhaka on Sunday.

Chairman of the bank M A Hashem presided over the meeting, said a press release.

The shareholders present at the meeting approved the proposal of raising paid up capital of the bank by issuing right shares at the rate of 01(R):01, one right share for every one share having face value of Tk 100 at Tk 150 each including a premium of Tk 50 for each share on paid up capital subject to approval by the Securities and Exchange Commission (SEC) as recommended by the Board of Directors of the Bank.

Kazi Enamul Hoque, Vice Chairman, Md Jahangir Alam Khan, Chairman of Audit Committee and Board of Directors Akhtaruzzaman Chowdhury MP, M A Sabur, Hajee M A Kalam, Riyadh Zafar Chowdhury, Bazal Ahmed, Nurul Islam Chowdhury, Nasim Kalam and Imran Ahmed attended the meeting.

UCB Managing Director, M Shahjahan Bhuiyan and Additional Managing Director, Shafiqul Alam, Deputy Managing Directors, Muhammed Shahidul Islam, Mamun-ur Rashid, Mirza Mahmud Rafiqur Rahman and Md Shahed Jalal Chowdhury along with Senior Executives as well as a large number of shareholders were present in the EGM.

(M A Hashem, Chairman of United Commercial Bank Ltd, presiding over the Extra-ordinary General Meeting of the
bank at Bashundhara Conference Centre, held on Sunday)

Source: daily-sun, Bangladesh/6th Dec 2010