The New Nation - Internet Edition

BUSINESS REPORT

The 13th Annual General Meeting (AGM) of Phoenix Finance and Investments Limited was held on May 14 at Bangladesh-China Friendship Conference Centre in the city.

At the AGM the company declared dividend @ 22 per cent in cash to its shareholders for the year ended December 31, 2007.

Deen Mohammad, chairman of the company presided over the meeting attended by a large number of the shareholders.

M. Yunus, Vice Chairman of the company, SM Intekhab Alam, Managing Director, Rafiqul Islam Khan, MA Majid, Mrs Selina Akhter, A Quadir Choudhury and Abdur Rahman, Directors of the company, M Shah Alam, Deputy Managing Director andAhmed Reza Chowdhury, Company Secretary were present, among others, at the AGM.

The chairman gave his welcome speech to the shareholders at the beginning of the meeting and highlighted the business performances and the achievements of the company. The shareholders expressed their satisfaction with the performance of company and the dividend declared for the year 2007.