MIDAS Financing approves 1.5% cash dividend

 


Ali Imam Majumder, chairman of the Board of Directors of MIDAS Financing Ltd, presides over its 27th annual general meeting, which was held virtually on Wednesday. The meeting approved a 1.5 percent cash dividend for the year that ended on December 31, 2020. Photo: MIDAS Financing

MIDAS Financing Ltd, a non-bank financial institution in Bangladesh, has announced a 1.5 percent cash dividend for the year that ended on December 31, 2022.

Ali Imam Majumder, chairman of the board of directors of the non-bank financial institution, presided over the 27th annual general meeting (AGM), which was held virtually on Wednesday, read a press release.

Mohammed Nasir Uddin Choudhury, Ghulam Rahman, Abdul Karim, Nazneen Sultana, Md Shahedul Alam and Md Shamsul Alam, members of the board of the financial institution, were present.

Mustafizur Rahman, managing director of the company, and Tanvir Hasan, deputy managing director and company secretary, alongside shareholders, officers and staff as well as representatives of the Dhaka Stock Exchange, Chattogram Stock Exchange and independent scrutinisers were also present.

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ACI Motors, a subsidiary of ACI Ltd and a distributor and technical collaboration partner of Yamaha motorcycles in Bangladesh, launched Yamaha 2S Centre Crescent Enterprise on Banshbari Road in Mohammadpur, Dhaka recently.

Subrata Ranjan Das, executive director of ACI Motors, and Hiroshi Setogawa, senior general manager of Yamaha Motor Company Ltd in Japan, inaugurated the service centre, said a press release.

Customers can avail motorcycle after-sales service on the 1st floor of the two-storey 2S Centre, while the 2nd floor has the facility to purchase spare parts and safety gears.

ACI Motors started its journey in 2007 as a subsidiary of ACI Ltd and Yamaha embarked on its journey in Bangladesh with ACI Motors in 2016.

More than 116 Yamaha 3S (sales, service and spares) dealer points became popular by serving with full satisfaction of the customers in the country since then.

Other senior officials from Yamaha and ACI Motors were present.


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