Coppertech Industries Ltd (CIL) has held its 8th Annual General Meeting (AGM) on Thursday on the digital platform, says a press release.
Coppertech Industries Ltd is one of the leading companies in the market of tobacco products in Bangladesh and the only company listed on the stock exchange, the press release claimed.
This is the company's second AGM with ordinary shareholders since the listing. The proposed agendas are approved through the spontaneous participation of a significant number of shareholders.
Zulfiqar Ali presided over the meeting. Abbasi Adam Ali, managing director of the company, Rashida Abbas, director, AHM Ariful Islam, FCA and Professor Md Abu Taleb, independent directors, Md Zahidul Islam, partner of the audit firm of the company and many others were present in the virtual AGM.
The shareholders declared a 2.5 percent cash dividend (ordinary shareholders only) for the fiscal year 2019-20 at the meeting, the press release further said.