Bangladesh Industrial Fin. Co. Ltd. informed that the Board of Directors of the Company has decided to issue rights shares @ 1R: 1 (i.e. 1 rights share for each share held) of Tk. 10.00 each at par and increase of Authorized Capital of the Company from exiting Tk. 100.00 crore to Tk. 500.00 crore subject to approval of shareholders and Regulatory Authorities. Date of EGM: 20.12.2012, Time: 11:30 AM, Venue: “Institution of Diploma Engineers, Bangladesh”, IDEB Bhaban Complex, 160/A Kakrail, VIP Road, Dhaka. Record Date for EGM: 26.11.2012. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from SEC.
There will be no price limit on the trading of the shares of the Company today (06.08.2012) following its corporate declaration.