Price Sensitive Info

WMS- Dividend paper Notice after credit

This is for kind information of all concerned that the Board of Directors of Western Marine Shipyard Limited in it’s 09/2014 number Board meeting held on Monday, 10 November has made following price sensitive decision at 5.00 pm:

01 Dividend & other information for the year ended 30th June, 2014 : The Board recommended for declaration of 10% Bonus Share i.e. 1 share against 10 share held to all the shareholders & 5% cash dividend to all general shareholders other than Sponsor shareholders Directors’ Share of the Company (total number of shares 10,95,51,900 out of this Sponsor Shareholders holds 40.44% & rest of the shareholders i.e 59.56% shareholders entitled for cash dividend) for the year ended 30th June, 2014 subject to approval of the shareholders in the ensuring 14th Annual General Meeting (AGM) of the Company. Net Asset Value (NAV) Per Share Tk. 42.59 with revaluation reserve & NAV Per Share Tk. 31.70 without revaluation reserve, Earning Per Share Tk 2.32 and net operating cash flow per share was Tk. Tk. 0.87
02 Date & Time of 14th AGM : 1200 hrs, on Sunday, 21 December, 2014
03 Venue of 14th AGM : Chittagong Boat Club, Air Port Road, East Patenga, Chittagong
04 Record date for 14 AGM : 20th November, 2014 ( The Shareholders, whose names will appear as shareholders in the register of members of CDBL on the record date), shall be entitled to receive the dividend, if any and attend & vote in the ensuring 14 AGM)