BIFFLs 7th AGM held

Mohammad Muslim Chowdhury, Chairman of Bangladesh Infrastructure Finance Fund Limited (BIFFL), presiding over its 7th AGM at a city hotel on Tuesday. The AGM declared Tk 49.00 crore Stock Dividend and Tk 2,108 crore for Cash Dividend for its shareholders.
Mohammad Muslim Chowdhury, Chairman of Bangladesh Infrastructure Finance Fund Limited (BIFFL), presiding over its 7th AGM at a city hotel on Tuesday. The AGM declared Tk 49.00 crore Stock Dividend and Tk 2,108 crore for Cash Dividend for its shareholders.
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Business Desk :
Bangladesh Infrastructure Finance Fund Limited (BIFFL) has observed its 7th Annual General Meeting (AGM) at a hotel in the city on Tuesday. In the meeting, the Shareholders approved the Audited Financial Statements for the FY2017 and declared the Stock Dividend of Tk49.00 crore in the form of bonus shares leading the company’s paid up capital to Tk 2,108.00 crore, and Cash Dividend of Tk15.00 crore in favor of the Government against its shareholding, represented by the Finance Division under the Ministry of Finance.
Established in 2011, BIFFL finances PPP projects, other Infrastructures as well as Environment friendly and Energy Efficient projects for sustainable Infrastructure development of the country. It has already financed Tk 1716.27crore in Power, Economic Zones, Tourism and Hospitality Management, Health and Environment Friendly projects and another Tk 1500 is waiting to be disbursed.
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