Comptex’s MD expands holdings at Jamuna Bank

Abu Khair Mohammed Sakhawat, managing director of Comptex Bangladesh, has widened his holdings at Jamuna Bank.

He was already a sponsor of the bank with a 1.08 percent stake, and now has bought 6.10 lakh new shares for Tk98.82 lakh.

Currently, he holds a total of 87.41 lakh shares of the private lender.

The closing price of the bank's shares was Tk16.20 per share on Sunday at the Dhaka Stock Exchange, while the shares hit their highest Tk19.90 each within the last one year.

Comptex Bangladesh Ltd is a Narayanganj-based knitwear exporter.

Meanwhile, Jamuna Bank will pay 15 percent cash dividends to its shareholders for the 2019 financial year. The final approval of the dividends will come during the annual general meeting slated for August 27. The record date is July 20, 2020.

The bank has reported consolidated earnings per share (EPS) of Tk3.38 in the 2019 financial year, which is 10 percent higher than that in the previous year.

The consolidated net asset value (NAV) per share amounted to Tk22.77 for the year that ended on June 30, 2019.

Meanwhile, in the first quarter of this year, Jamuna Bank Limited posted consolidated EPS of Tk1.42, which was 103 percent higher than the previous year at the same time.

The bank's paid-up capital is currently Tk749.22 crore.

As of February this year, sponsors and directors jointly owned 48.46 percent shares, institutional investors 4.32 percent, foreign investors 1.69 percent and general investors 45.53 percent shares of the bank.