MI Cement proposes 35pc stock dividends

MI Cement Factory's board of directors has recommended 15 percent cash and 35 percent stock dividends for shareholders.
The 115th board meeting of the company was held on Saturday at its head office in Sena Kalyan Bhaban in the capital.
The company declared dividends for the year ended June 30. The record date of the company has been set for November 17.
The 17th annual general meeting of the company will be held on December 14 at Bangabandhu International Conference Centre in Dhaka. The net asset value of per share is Tk 62, while the earnings per shares are Tk 5.36 for the year ended on June 30.