Bata okays 345PC dividend

The 47th Annual General Meeting (AGM) of Bata Shoe Company (Bangladesh) Limited was held on Tongi Factory Premises in Gazipur on Thursday. 

 The shareholders approved the company’s audited financial statements for the year 2018 and approved the final dividend of 105 percent. 

The interim dividend 240 percent which has already been paid in January 2019 taking total cash dividend to 345 percent on paid up capital for 2018, the AGM was told.

 Vice Chairman and Managing Director of the company Chitpan Kanhasiri, in his speech to the shareholders, reported the future plan and challenges and expansion of the company. Further he added, the company contributed approximately Taka 2,497 million to the national exchequer in the form of corporate tax, VAT, custom duties and other taxes. 

Rupali Haque Chowdhury, director, Shambhu Nath Jha, finance director, Md Hashim Reza, company secretary and a large number of shareholders also attended the meeting. 

Chitpan Kanhasiri conveyed thanks to all shareholders, customers, suppliers, employees and the Government for their continuous support extended to the company.