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The Financial Express

Anlima Yarn AGM approves 5.0pc dividend

FE DESK | Published: January 03, 2020 10:48:46 | Updated: January 06, 2020 11:33:05


Anlima Yarn AGM approves 5.0pc div

Chairperson of Anlima Yarn Dyeing Limited Hubbun Nahar Hoque (2nd from left) presiding over the 24th annual general meeting (AGM) of the company on its factory premises at Karnapara in Savar recently. Managing Director Mahmudul Hoque was also present

The 24th annual general meeting (AGM) of Anlima Yarn Dyeing Limited was held on the factory premises at Karnapara in Savar recently, says a statement.

Chairperson of the company Hubbun Nahar Hoque presided over the meeting while Managing Director Mahmudul Hoque briefed the shareholders on the company's performance in fiscal year 2018-19.

The chairman said the company received less export orders due to the global economic slowdown. As such, in view of the poor financial performance, the management declared 5.0 per cent cash dividend.

The shareholders appreciated the efforts of the management and thanked them for rendering their valuable services.

The meeting approved the cash dividend, the annual accounts and the Directors' report. It also appointed an auditor for the year 2019-20.

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