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Bangladesh Politics

Bank Asia Sponsor Director to Offload 2 Million Shares Amid Strong Financials

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1Nojor Desk
  • 04 Jul 25
  • 02:10 PM

Rumi A. Hossain, a sponsor director of Bank Asia PLC, plans to sell 2 million shares via the Dhaka Stock Exchange within 30 working days. He currently holds nearly 39.8 million shares. The bank reported improved earnings, with Q1 2025 EPS at BDT 1.42 and NAVPS at BDT 29.34. For FY 2024, it declared a 10% cash and 10% stock dividend. Bank Asia holds strong credit ratings and solid reserves, with over 51% of shares owned by sponsor directors.

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Bonik Barta 04 Jul 25

Bank Asia Sponsor Director to Sell 2 Million Shares

Rumi A. Hossain, a sponsor director of Bank Asia PLC, has announced plans to sell 2 million shares of the bank. He currently holds 39,838,209 shares. According to information from the Dhaka Stock Exchange (DSE), the sale will take place within 30 working days through the public market at prevailing market prices.

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