M. I. Cement Factory Limited, which is popularly known as Crown Cement, has approved 20
percent Cash Dividend for its Shareholders for the year ended 30 June 2021. The approval came
at the 27th Annual General Meeting (AGM) of the Company held through Digital Platform at 3:00
PM on Wednesday, the 15th December 2021.
The Financial Statements for the year ended 30 June 2021 and Auditors’ Report thereon, Report
of the Board of Directors; Election of the Board of Directors, Reappointment of the two
Independent Directors, Appointment of the Statutory Auditors and the Corporate Governance
Compliance Auditors for the year ending 30 June 2022 as well as fixation of their remuneration
were approved in the AGM. The proposal of changing the name of the Company from “M. I.
Cement Factory Limited” to “Crown Cement PLC” was also approved in the AGM.
Mr. Mohammed Jahangir Alam, Chairman of M. I. Cement Factory Limited, 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. Md. Almas Shimul, Independent Directors Mr. Zakir Ahmed Khan and Prof.
Dr. M. Abu Eusuf, Chief Adviser of the Board Mr. Masud Khan, FCA, FCMA and Chief Executive
Officer Mr. Md. Mukter Hossain Talukder, FCA.
The Sponsor Shareholder Mr. Md. Ashrafuzzaman and the Chief Financial Officer Mr. Mohammad
Ahasan Ullah, FCA and other high officials of the Company joined the meeting. The meeting was
conducted by Mr. Md. Mozharul Islam, FCS, Senior General Manager and Company Secretary.