Western Marine recommends 12pc stocks, 3pc dividends for shareholders

Western Marine Shipyard Limited (WMS Ltd) recommended 12 percent stock and three percent cash dividends for its shareholders for the year 2016-2017.

WMS board of directors made the recommendation on the 17th annual general meeting (AGM) held at the Boat Club in Chittagong on Sunday, said a press release. 

WMS Chairman Md Saiful Islam and Managing Director Md Sakhawat Hossain were present at the AGM.

Later the 6th Extraordinary General Meeting (EGM) was also held at the same venue.