The New Nation - Internet Edition

BSS, Dhaka

Jute Spinners Ltd (JSL) of Khulna yesterday declared 20 percent dividend for its shareholders for the year 2007-2008.

The dividend was declared at the 29th annual general meeting of the company held at the CIRDAP auditorium here this morning, said a press release.

With Muhammad Shams-ul-Haque, chairman of the company in the chair, the AGM was attended, by directors of JSL Muhammad Shams-ul-Huda, Muhammad Shams-uz- Zoha, Muhammad Shams-ul-Kadir, AKM Shahjahan and Faizur Rahman Chaudhury, chief financial officer Toffazzal Hossain Bhuiyan, company secretary ATM Mostafa and a large number of Shareholders.

The AGM approved the annual report of 2007-2008 year and appointed auditor for next financial year.

The JSM chairman informed the shareholders that the company has earned a considerable amount of foreign currency and a significant profit by exporting jute yarn during the current financial year.