Crown Cement approves 21% cash dividend

The shareholders of Crown Cement PLC have approved a 21 per cent cash dividend, as recommended by the Board of Directors for the year ended 30 June 2024. The approval was granted at the 30th Annual General Meeting (AGM) of the company, held via a digital platform at 3:00 PM on Wednesday, 18 December 2024.

The financial statements for the year ended 30 June 2024, the auditors' report thereon, the report of the Board of Directors, the election of the Board of Directors, the appointment of the statutory auditors, and the corporate governance compliance auditors for the year ending 30 June 2025, as well as the fixation of their remuneration, were approved at the AGM.

Mr. Mohammed Jahangir Alam, Chairman of Crown Cement PLC, presided over the AGM. The meeting was also attended by Vice-Chairman Mr. Md. Alamgir Kabir, Managing Director Mr. Mollah Mohammad Majnu, Additional Managing Director Mr. Md. Mizanur Rahman Mollah, Director Mr. Mohammed Almas Shimul, Independent Director Prof. Dr. M. Abu Eusuf, and Chief Adviser to the Board Mr. Masud Khan, FCA, FCMA.

The sponsor shareholders Mr. Md. Ashrafuzzaman and Mr. Md. Abdul Ahad, Chief Financial Officer Mr. Mohammad Ahasan Ullah, FCA, and other senior officials of the company joined the meeting. The meeting was conducted by Mr. Md. Mozharul Islam, FCS, Senior General Manager & Company Secretary.