Ace Development Bank Ltd. is about to give 10% bonus share and 0.53% cash dividend to its shareholders. The BOD meeting held on 19th August 2008 (2065 Bhadra 3) decided on the matter. The proposal is yet to be finalized from the AGM. After the distribution of bonus share, the bank is issuing 64% right shares so as to increase its paid up capital to Rs. 750 million. In near future, ACE is introducing "ACE Gold ETF" and portfolio management service.
Source: Jamb News Service
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Sunday, August 24, 2008
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