Our Correspondent

CHITTAGONG, July 2: Meghna Petroleum Limited (MPL) approved 10 per cent stock dividend and 25 per cent cash dividend for its shareholders for the fiscal 2007-08.

The approval came at the 30th annual general meeting (AGM) of the company at a port city hotel recently.

Chaired by MPL Board of Directors Chairman and Joint Secretary Anwarul Karim, the meeting was attended, among others, by Joint Secretary Shafiqul Azam, Director (Operations and Planning) Syed Mozammel Hoque, Director AFM Ishaque, Managing Director Kudrat-E-Elahi and Company Secretary Sharif Ashrafuzzaman.

A large number of shareholders of the company took part in the meeting.

They approved the AGM and audited financial statement of the company for the fiscal 2007-08.