The New Nation - Internet Edition

Business Desk

The 43rd Board Meeting of Metro Spinning Limited was held on the 28th October in Head Office of the company. Alhaj Abdul Ali, Chairman, presided over the meeting being attended by Managing Director Mohammad Ali Khokan and the members of the board of directors. The meeting approved of 12 percent dividend for the shareholders of the company and the audited accounts for the financial year 2006-07. It also decided to hold the 12th Annual General Meeting (AGM) today at Spectra Convention Center, Gulshan-1 of Dhaka. It was further disclosed that the annual turn over of the company as on as on 30 June stood at taka 72.56 crore and the company's net profit taka 69.59 lakh and the fixed assets of the company taka 46.64 crore.

The register of transfer of share of the company will remain closed to transaction from December 8 to 29.